SNOEPI: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SNOEPI
Largest movements
- Cash +€48,589
up €48,589 (+58.9%), from €82,506 to €131,095
mainly Net result for the year (+€68,722) and Tax, wage and social debts (+€19,793)
- Receivables within one year +€30,142
up €30,142 (+122%), from €24,742 to €54,883
of which Trade receivables: +€28,708
- Tangible fixed assets -€9,242
down €9,242 (-20.3%), from €45,524 to €36,282
of which Other tangible fixed assets: -€5,608
- Reserves +€68,722
up €68,722 (+60.4%), from €113,688 to €182,410
- Tax, wage and social debts +€19,793
up €19,793 (+191%), from €10,372 to €30,164
of which Taxes: +€17,061
- Other debts -€16,029
down €16,029 (-100%), from €16,029 to €0
- Trade debts -€2,793
down €2,793 (-71.5%), from €3,907 to €1,114
- Gross operating margin +€73,254
up €73,254 (+194%), from €37,704 to €110,958
- Taxes +€18,135
up €18,135 (+179%), from €10,150 to €28,285
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,828 | €226,537 | +€69,709 | +44.4% |
| Fixed assets | 21/28 | €45,524 | €36,282 | -€9,242 | -20.3% |
| Tangible fixed assets | 22/27 | €45,524 | €36,282 | -€9,242 | -20.3% |
| Plant, machinery and equipment | 23 | €808 | €275 | -€533 | -66.0% |
| Furniture and vehicles | 24 | €12,502 | €9,401 | -€3,101 | -24.8% |
| Other tangible fixed assets | 26 | €32,214 | €26,606 | -€5,608 | -17.4% |
| Current assets | 29/58 | €111,304 | €190,255 | +€78,951 | +70.9% |
| Amounts receivable within one year | 40/41 | €24,742 | €54,883 | +€30,142 | +122% |
| Trade receivables | 40 | €24,667 | €53,375 | +€28,708 | +116% |
| Other amounts receivable | 41 | €75 | €1,509 | +€1,434 | +1,917% |
| Cash at bank and in hand | 54/58 | €82,506 | €131,095 | +€48,589 | +58.9% |
| Deferred charges and accrued income | 490/1 | €4,057 | €4,277 | +€220 | +5.4% |
| Total equity and liabilities | 10/49 | €156,828 | €226,537 | +€69,709 | +44.4% |
| Equity | 10/15 | €126,520 | €195,242 | +€68,722 | +54.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €113,688 | €182,410 | +€68,722 | +60.4% |
| Distributable reserves | 133 | €113,688 | €182,410 | +€68,722 | +60.4% |
| Profit (loss) carried forward | 14 | €432 | €432 | = | 0.0% |
| Amounts payable | 17/49 | €30,308 | €31,295 | +€988 | +3.3% |
| Amounts payable within one year | 42/48 | €30,308 | €31,279 | +€971 | +3.2% |
| Trade debts | 44 | €3,907 | €1,114 | -€2,793 | -71.5% |
| Suppliers | 440/4 | €3,907 | €1,114 | -€2,793 | -71.5% |
| Taxes, remuneration and social security | 45 | €10,372 | €30,164 | +€19,793 | +191% |
| Taxes | 450/3 | €10,372 | €27,432 | +€17,061 | +164% |
| Remuneration and social security | 454/9 | - | €2,732 | +€2,732 | |
| Other amounts payable | 47/48 | €16,029 | €0 | -€16,029 | -100% |
| Accrued charges and deferred income | 492/3 | - | €17 | +€17 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,362 | €14,002 | -€359 | -2.5% |
| Other operating charges | 640/8 | €147 | €151 | +€5 | +3.1% |
| Gross operating margin | 9900 | €37,704 | €110,958 | +€73,254 | +194% |
| Operating profit (loss) | 9901 | €23,196 | €96,804 | +€73,609 | +317% |
| Financial income | 75/76B | €418 | €674 | +€256 | +61.4% |
| Recurring financial income | 75 | €418 | €674 | +€256 | +61.4% |
| Financial charges | 65/66B | €212 | €471 | +€260 | +123% |
| Recurring financial charges | 65 | €212 | €471 | +€260 | +123% |
| Profit (loss) for the period before taxes | 9903 | €23,401 | €97,007 | +€73,605 | +315% |
| Income taxes | 67/77 | €10,150 | €28,285 | +€18,135 | +179% |
| Profit (loss) for the period | 9904 | €13,251 | €68,722 | +€55,471 | +419% |
| Profit (loss) for the period to be appropriated | 9905 | €13,251 | €68,722 | +€55,471 | +419% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.