SNOUBER: 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.
SNOUBER
Largest movements
- Receivables within one year -€47,512
down €47,512 (-18.1%), from €262,558 to €215,046
of which Other amounts receivable: -€51,326
- Cash +€24,892
up €24,892 (+14.6%), from €170,261 to €195,152
mainly Receivables within one year (+€47,512) and Net result for the year (+€24,901)
- Other debts -€24,867
down €24,867 (-59.4%), from €41,867 to €17,000
- Reserves +€9,901
up €9,901 (+14.0%), from €70,486 to €80,387
of which Distributable reserves: +€9,901
- Current portion of long-term debt -€9,441
down €9,441 (-58.9%), from €16,028 to €6,587
- Debts after one year -€6,094
down €6,094 (-100.0%), from €6,094 to €0
- Trade debts +€5,409
up €5,409 (+127.1%), from €4,255 to €9,664
- Staff costs +€29,514
up €29,514 (+18.7%), from €157,865 to €187,379
- Gross operating margin -€11,084
down €11,084 (-4.5%), from €248,425 to €237,341
- Taxes -€7,063
down €7,063 (-60.7%), from €11,642 to €4,579
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 | €500,573 | €477,224 | -€23,349 | -4.7% |
| Fixed assets | 21/28 | €62,040 | €60,194 | -€1,846 | -3.0% |
| Intangible fixed assets | 21 | €28,446 | €28,446 | = | 0.0% |
| Tangible fixed assets | 22/27 | €33,472 | €31,625 | -€1,846 | -5.5% |
| Plant, machinery and equipment | 23 | €22,541 | €2,219 | -€20,322 | -90.2% |
| Furniture and vehicles | 24 | €7,255 | €4,889 | -€2,366 | -32.6% |
| Other tangible fixed assets | 26 | €3,676 | €24,517 | +€20,841 | +567.0% |
| Financial fixed assets | 28 | €123 | €123 | = | 0.0% |
| Current assets | 29/58 | €438,533 | €417,030 | -€21,503 | -4.9% |
| Stocks and contracts in progress | 3 | €5,203 | €4,059 | -€1,144 | -22.0% |
| Stocks | 30/36 | €5,203 | €4,059 | -€1,144 | -22.0% |
| Amounts receivable within one year | 40/41 | €262,558 | €215,046 | -€47,512 | -18.1% |
| Trade receivables | 40 | €0 | €3,814 | +€3,814 | |
| Other amounts receivable | 41 | €262,558 | €211,233 | -€51,326 | -19.5% |
| Cash at bank and in hand | 54/58 | €170,261 | €195,152 | +€24,892 | +14.6% |
| Deferred charges and accrued income | 490/1 | €512 | €2,772 | +€2,261 | +441.8% |
| Total equity and liabilities | 10/49 | €500,573 | €477,224 | -€23,349 | -4.7% |
| Equity | 10/15 | €405,005 | €414,906 | +€9,901 | +2.4% |
| Contributions | 10/11 | €74,510 | €74,510 | = | 0.0% |
| Reserves | 13 | €70,486 | €80,387 | +€9,901 | +14.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €70,486 | €80,387 | +€9,901 | +14.0% |
| Profit (loss) carried forward | 14 | €260,009 | €260,009 | = | 0.0% |
| Amounts payable | 17/49 | €95,569 | €62,318 | -€33,251 | -34.8% |
| Amounts payable after more than one year | 17 | €6,094 | €0 | -€6,094 | -100.0% |
| Financial debts | 170/4 | €6,094 | €0 | -€6,094 | -100.0% |
| Amounts payable within one year | 42/48 | €89,475 | €62,318 | -€27,157 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €16,028 | €6,587 | -€9,441 | -58.9% |
| Financial debts | 43 | - | €3,036 | +€3,036 | |
| Credit institutions | 430/8 | - | €3,036 | +€3,036 | |
| Trade debts | 44 | €4,255 | €9,664 | +€5,409 | +127.1% |
| Suppliers | 440/4 | €4,255 | €9,664 | +€5,409 | +127.1% |
| Taxes, remuneration and social security | 45 | €27,325 | €26,031 | -€1,293 | -4.7% |
| Taxes | 450/3 | €8,431 | €4,364 | -€4,068 | -48.2% |
| Remuneration and social security | 454/9 | €18,893 | €21,668 | +€2,774 | +14.7% |
| Other amounts payable | 47/48 | €41,867 | €17,000 | -€24,867 | -59.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €157,865 | €187,379 | +€29,514 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,804 | €10,181 | +€1,377 | +15.6% |
| Other operating charges | 640/8 | €2,293 | €2,227 | -€67 | -2.9% |
| Non-recurring operating charges | 66A | €75 | €1,983 | +€1,909 | +2562.3% |
| Gross operating margin | 9900 | €248,425 | €237,341 | -€11,084 | -4.5% |
| Operating profit (loss) | 9901 | €79,388 | €35,571 | -€43,817 | -55.2% |
| Financial income | 75/76B | €10 | €91 | +€81 | +809.0% |
| Recurring financial income | 75 | €10 | €91 | +€81 | +809.0% |
| Financial charges | 65/66B | €4,112 | €6,181 | +€2,070 | +50.3% |
| Recurring financial charges | 65 | €4,112 | €6,181 | +€2,070 | +50.3% |
| Profit (loss) for the period before taxes | 9903 | €75,286 | €29,481 | -€45,806 | -60.8% |
| Income taxes | 67/77 | €11,642 | €4,579 | -€7,063 | -60.7% |
| Profit (loss) for the period | 9904 | €63,644 | €24,901 | -€38,743 | -60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,644 | €24,901 | -€38,743 | -60.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.