SNOR: what changed
Two fiscal 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.
SNOR
Largest movements
- Receivables after one year +€42,265
new in 2024: €42,265
- Receivables within one year +€37,553
up €37,553 (+49.8%), from €75,400 to €112,953
of which Other amounts receivable: +€41,489
- Cash -€19,892
down €19,892 (-9.4%), from €212,376 to €192,484
mainly Other debts (-€85,784) and Receivables after one year (-€42,265)
- Tangible fixed assets -€18,107
down €18,107 (-35.1%), from €51,549 to €33,442
of which Land and buildings: -€19,281
- Reserves +€155,840
up €155,840 (+32.0%), from €486,773 to €642,613
of which Distributable reserves: +€155,840
- Other debts -€85,784
down €85,784 (-69.6%), from €123,238 to €37,454
- Accrued charges and deferred income -€14,512
down €14,512 (-96.7%), from €15,000 to €488
- Financial income +€49,334
up €49,334 (+138.6%), from €35,599 to €84,933
- Gross operating margin +€19,800
up €19,800 (+8.6%), from €230,548 to €250,348
- Staff costs +€12,949
up €12,949 (+37.6%), from €34,484 to €47,433
- Taxes +€10,213
up €10,213 (+18.1%), from €56,397 to €66,611
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €740,909 | €788,569 | +€47,660 | +6.4% |
| Fixed assets | 21/28 | €61,799 | €43,692 | -€18,107 | -29.3% |
| Tangible fixed assets | 22/27 | €51,549 | €33,442 | -€18,107 | -35.1% |
| Land and buildings | 22 | €43,188 | €23,908 | -€19,281 | -44.6% |
| Furniture and vehicles | 24 | €8,360 | €9,534 | +€1,174 | +14.0% |
| Financial fixed assets | 28 | €10,250 | €10,250 | = | 0.0% |
| Current assets | 29/58 | €679,110 | €744,877 | +€65,767 | +9.7% |
| Amounts receivable after more than one year | 29 | - | €42,265 | +€42,265 | |
| Other amounts receivable | 291 | - | €42,265 | +€42,265 | |
| Amounts receivable within one year | 40/41 | €75,400 | €112,953 | +€37,553 | +49.8% |
| Trade receivables | 40 | €66,890 | €62,953 | -€3,937 | -5.9% |
| Other amounts receivable | 41 | €8,511 | €50,000 | +€41,489 | +487.5% |
| Current investments | 50/53 | €389,106 | €393,980 | +€4,874 | +1.3% |
| Cash at bank and in hand | 54/58 | €212,376 | €192,484 | -€19,892 | -9.4% |
| Deferred charges and accrued income | 490/1 | €2,228 | €3,195 | +€967 | +43.4% |
| Total equity and liabilities | 10/49 | €740,909 | €788,569 | +€47,660 | +6.4% |
| Equity | 10/15 | €499,173 | €655,013 | +€155,840 | +31.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €486,773 | €642,613 | +€155,840 | +32.0% |
| Tax-exempt reserves | 132 | €16,744 | €16,744 | = | 0.0% |
| Distributable reserves | 133 | €470,029 | €625,869 | +€155,840 | +33.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €241,736 | €133,556 | -€108,180 | -44.8% |
| Amounts payable within one year | 42/48 | €226,736 | €133,068 | -€93,668 | -41.3% |
| Trade debts | 44 | €31,511 | €23,654 | -€7,857 | -24.9% |
| Suppliers | 440/4 | €31,511 | €23,654 | -€7,857 | -24.9% |
| Taxes, remuneration and social security | 45 | €71,987 | €71,961 | -€27 | 0.0% |
| Taxes | 450/3 | €67,401 | €65,058 | -€2,342 | -3.5% |
| Remuneration and social security | 454/9 | €4,587 | €6,903 | +€2,316 | +50.5% |
| Other amounts payable | 47/48 | €123,238 | €37,454 | -€85,784 | -69.6% |
| Accrued charges and deferred income | 492/3 | €15,000 | €488 | -€14,512 | -96.7% |
| Remuneration, social security and pensions | 62 | €34,484 | €47,433 | +€12,949 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,943 | €25,033 | -€910 | -3.5% |
| Other operating charges | 640/8 | €2,147 | €1,537 | -€610 | -28.4% |
| Gross operating margin | 9900 | €230,548 | €250,348 | +€19,800 | +8.6% |
| Operating profit (loss) | 9901 | €167,975 | €176,345 | +€8,371 | +5.0% |
| Financial income | 75/76B | €35,599 | €84,933 | +€49,334 | +138.6% |
| Recurring financial income | 75 | €35,599 | €84,933 | +€49,334 | +138.6% |
| Financial charges | 65/66B | €4,329 | €4,136 | -€193 | -4.5% |
| Recurring financial charges | 65 | €4,329 | €4,136 | -€193 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €199,244 | €257,142 | +€57,898 | +29.1% |
| Income taxes | 67/77 | €56,397 | €66,611 | +€10,213 | +18.1% |
| Profit (loss) for the period | 9904 | €142,847 | €190,532 | +€47,685 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €142,847 | €190,532 | +€47,685 | +33.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.