SNOEPIES: 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.
SNOEPIES
Largest movements
- Tangible fixed assets +€121,246
up €121,246 (+49.4%), from €245,223 to €366,469
of which Other tangible fixed assets: +€155,081
- Receivables within one year -€56,120
down €56,120 (-85.2%), from €65,835 to €9,715
of which Trade receivables: -€56,152
- Intangible fixed assets -€41,000
down €41,000 (-48.5%), from €84,549 to €43,549
- Stocks and contracts +€26,054
up €26,054 (+22.3%), from €116,988 to €143,043
- Trade debts +€63,583
up €63,583 (+265.0%), from €23,996 to €87,579
- Debts after one year +€24,076
up €24,076 (+7.2%), from €336,103 to €360,180
- Profit (loss) carried forward -€12,895
down €12,895, from €5,679 to -€7,215
- Tax, wage and social debts -€9,838
down €9,838 (-15.5%), from €63,562 to €53,724
of which Remuneration and social security: -€19,585
- Accrued charges and deferred income -€8,079
down €8,079 (-28.1%), from €28,760 to €20,681
- Gross operating margin +€79,613
up €79,613 (+14.9%), from €533,875 to €613,488
- Depreciation +€19,907
up €19,907 (+17.6%), from €113,237 to €133,144
- Staff costs -€12,107
down €12,107 (-2.5%), from €490,878 to €478,771
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.
Cash bridge derived
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 | €522,643 | €575,830 | +€53,188 | +10.2% |
| Fixed assets | 21/28 | €330,052 | €410,298 | +€80,246 | +24.3% |
| Intangible fixed assets | 21 | €84,549 | €43,549 | -€41,000 | -48.5% |
| Tangible fixed assets | 22/27 | €245,223 | €366,469 | +€121,246 | +49.4% |
| Plant, machinery and equipment | 23 | €96,489 | €75,550 | -€20,939 | -21.7% |
| Furniture and vehicles | 24 | €15,576 | €2,680 | -€12,896 | -82.8% |
| Other tangible fixed assets | 26 | €133,157 | €288,238 | +€155,081 | +116.5% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €192,591 | €165,533 | -€27,059 | -14.0% |
| Stocks and contracts in progress | 3 | €116,988 | €143,043 | +€26,054 | +22.3% |
| Stocks | 30/36 | €116,988 | €143,043 | +€26,054 | +22.3% |
| Amounts receivable within one year | 40/41 | €65,835 | €9,715 | -€56,120 | -85.2% |
| Trade receivables | 40 | €56,152 | - | -€56,152 | |
| Other amounts receivable | 41 | €9,683 | €9,715 | +€32 | +0.3% |
| Cash at bank and in hand | 54/58 | €90 | €1,852 | +€1,762 | +1950.1% |
| Deferred charges and accrued income | 490/1 | €9,678 | €10,923 | +€1,245 | +12.9% |
| Total equity and liabilities | 10/49 | €522,643 | €575,830 | +€53,188 | +10.2% |
| Equity | 10/15 | €33,159 | €20,265 | -€12,895 | -38.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,888 | €8,888 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,977 | €4,977 | = | 0.0% |
| Distributable reserves | 133 | €2,052 | €2,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,679 | -€7,215 | -€12,895 | |
| Amounts payable | 17/49 | €489,483 | €555,566 | +€66,083 | +13.5% |
| Amounts payable after more than one year | 17 | €336,103 | €360,180 | +€24,076 | +7.2% |
| Financial debts | 170/4 | €336,103 | €360,180 | +€24,076 | +7.2% |
| Amounts payable within one year | 42/48 | €124,620 | €174,705 | +€50,085 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €35,621 | €32,009 | -€3,612 | -10.1% |
| Financial debts | 43 | €1,440 | €1,393 | -€47 | -3.3% |
| Credit institutions | 430/8 | €1,440 | €1,393 | -€47 | -3.3% |
| Trade debts | 44 | €23,996 | €87,579 | +€63,583 | +265.0% |
| Suppliers | 440/4 | €23,996 | €87,579 | +€63,583 | +265.0% |
| Taxes, remuneration and social security | 45 | €63,562 | €53,724 | -€9,838 | -15.5% |
| Taxes | 450/3 | €27,426 | €37,173 | +€9,747 | +35.5% |
| Remuneration and social security | 454/9 | €36,135 | €16,551 | -€19,585 | -54.2% |
| Accrued charges and deferred income | 492/3 | €28,760 | €20,681 | -€8,079 | -28.1% |
| Remuneration, social security and pensions | 62 | €490,878 | €478,771 | -€12,107 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,237 | €133,144 | +€19,907 | +17.6% |
| Other operating charges | 640/8 | €5,961 | €5,395 | -€567 | -9.5% |
| Gross operating margin | 9900 | €533,875 | €613,488 | +€79,613 | +14.9% |
| Operating profit (loss) | 9901 | -€76,202 | -€3,822 | +€72,380 | +95.0% |
| Financial income | 75/76B | €133 | €0 | -€133 | -99.8% |
| Recurring financial income | 75 | €133 | €0 | -€133 | -99.8% |
| Financial charges | 65/66B | €6,847 | €9,073 | +€2,226 | +32.5% |
| Recurring financial charges | 65 | €6,847 | €9,073 | +€2,226 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€82,916 | -€12,895 | +€70,021 | +84.4% |
| Income taxes | 67/77 | €4 | - | -€4 | |
| Profit (loss) for the period | 9904 | -€82,919 | -€12,895 | +€70,024 | +84.4% |
| Transfer from tax-exempt reserves | 789 | €73,567 | - | -€73,567 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,352 | -€12,895 | -€3,543 | -37.9% |
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 11 October 2026 via checked.be.