SNOTRA: 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.
SNOTRA
Largest movements
- Cash -€90,523
down €90,523 (-75.6%), from €119,769 to €29,245
mainly Other debts (-€90,000) and Accrued charges and deferred income (-€1,451)
- Other debts -€90,000
down €90,000 (-68.7%), from €131,000 to €41,000
- Accrued charges and deferred income -€1,451
down €1,451 (-95.6%), from €1,518 to €67
- Financial charges -€40,001
down €40,001 (-99.9%), from €40,059 to €58
of which Non-recurring financial charges: -€40,000
- Gross operating margin +€2,797
up €2,797, from -€1,412 to €1,385
- Purchases and services -€1,412
no longer reported in 2025 (was €1,412)
- Other operating charges +€400
new in 2025: €400
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 | €122,702 | €31,242 | -€91,460 | -74.5% |
| Formation expenses | 20 | €2,933 | €1,997 | -€936 | -31.9% |
| Current assets | 29/58 | €119,769 | €29,245 | -€90,523 | -75.6% |
| Cash at bank and in hand | 54/58 | €119,769 | €29,245 | -€90,523 | -75.6% |
| Total equity and liabilities | 10/49 | €122,702 | €31,242 | -€91,460 | -74.5% |
| Equity | 10/15 | -€9,816 | -€9,825 | -€9 | -0.1% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,816 | -€44,825 | -€9 | 0.0% |
| Amounts payable | 17/49 | €132,518 | €41,067 | -€91,451 | -69.0% |
| Amounts payable within one year | 42/48 | €131,000 | €41,000 | -€90,000 | -68.7% |
| Other amounts payable | 47/48 | €131,000 | €41,000 | -€90,000 | -68.7% |
| Accrued charges and deferred income | 492/3 | €1,518 | €67 | -€1,451 | -95.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,412 | - | -€1,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €936 | €936 | = | 0.0% |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€1,412 | €1,385 | +€2,797 | |
| Operating profit (loss) | 9901 | -€2,348 | €49 | +€2,397 | |
| Financial charges | 65/66B | €40,059 | €58 | -€40,001 | -99.9% |
| Recurring financial charges | 65 | €59 | €58 | -€1 | -1.7% |
| Non-recurring financial charges | 66B | €40,000 | - | -€40,000 | |
| Profit (loss) for the period before taxes | 9903 | -€42,407 | -€9 | +€42,398 | +100.0% |
| Profit (loss) for the period | 9904 | -€42,407 | -€9 | +€42,398 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,407 | -€9 | +€42,398 | +100.0% |
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 10 October 2026 via checked.be.