SNOWBALL: 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.
SNOWBALL
Largest movements
- Current investments +€1.2m
new in 2025: €1.2m
- Cash -€1.0m
down €1.0m (-78.0%), from €1.3m to €286,783
mainly Current investments (-€1.2m) and Investment in fixed assets (net) (-€56,615)
- Receivables within one year -€46,037
down €46,037 (-63.7%), from €72,293 to €26,256
of which Other amounts receivable: -€28,529
- Deferred charges and accrued income -€22,349
down €22,349 (-73.3%), from €30,478 to €8,129
- Tangible fixed assets +€17,607
up €17,607 (+16.9%), from €103,960 to €121,567
of which Furniture and vehicles: +€42,227
- Profit (loss) carried forward +€207,482
up €207,482 (+58.3%), from €355,894 to €563,376
- Debts after one year -€51,340
down €51,340 (-99.5%), from €51,590 to €250
- Staff costs +€42,684
up €42,684 (+16.6%), from €256,652 to €299,336
- Financial income +€35,749
up €35,749 (+33335.6%), from €107 to €35,856
- Gross operating margin +€32,734
up €32,734 (+6.8%), from €481,255 to €513,989
- Depreciation +€12,235
up €12,235 (+45.7%), from €26,772 to €39,007
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 | €1,515,410 | €1,680,886 | +€165,476 | +10.9% |
| Fixed assets | 21/28 | €103,960 | €121,567 | +€17,607 | +16.9% |
| Tangible fixed assets | 22/27 | €103,960 | €121,567 | +€17,607 | +16.9% |
| Plant, machinery and equipment | 23 | €92,953 | €68,333 | -€24,620 | -26.5% |
| Furniture and vehicles | 24 | €11,007 | €53,234 | +€42,227 | +383.6% |
| Current assets | 29/58 | €1,411,450 | €1,559,319 | +€147,869 | +10.5% |
| Stocks and contracts in progress | 3 | €7,045 | €13,090 | +€6,045 | +85.8% |
| Stocks | 30/36 | €7,045 | €13,090 | +€6,045 | +85.8% |
| Amounts receivable within one year | 40/41 | €72,293 | €26,256 | -€46,037 | -63.7% |
| Trade receivables | 40 | €27,611 | €10,103 | -€17,508 | -63.4% |
| Other amounts receivable | 41 | €44,682 | €16,153 | -€28,529 | -63.8% |
| Current investments | 50/53 | - | €1,225,060 | +€1.2m | |
| Cash at bank and in hand | 54/58 | €1,301,634 | €286,783 | -€1.0m | -78.0% |
| Deferred charges and accrued income | 490/1 | €30,478 | €8,129 | -€22,349 | -73.3% |
| Total equity and liabilities | 10/49 | €1,515,410 | €1,680,886 | +€165,476 | +10.9% |
| Equity | 10/15 | €1,413,528 | €1,621,010 | +€207,482 | +14.7% |
| Contributions | 10/11 | €750,000 | €750,000 | = | 0.0% |
| Reserves | 13 | €307,634 | €307,634 | = | 0.0% |
| Distributable reserves | 133 | €307,634 | €307,634 | = | 0.0% |
| Profit (loss) carried forward | 14 | €355,894 | €563,376 | +€207,482 | +58.3% |
| Amounts payable | 17/49 | €101,882 | €59,876 | -€42,006 | -41.2% |
| Amounts payable after more than one year | 17 | €51,590 | €250 | -€51,340 | -99.5% |
| Other amounts payable | 178/9 | €51,590 | €250 | -€51,340 | -99.5% |
| Amounts payable within one year | 42/48 | €46,636 | €59,626 | +€12,990 | +27.9% |
| Trade debts | 44 | €42,203 | €46,129 | +€3,926 | +9.3% |
| Suppliers | 440/4 | €42,203 | €46,129 | +€3,926 | +9.3% |
| Taxes, remuneration and social security | 45 | €4,433 | €13,496 | +€9,063 | +204.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,433 | €13,496 | +€9,063 | +204.5% |
| Accrued charges and deferred income | 492/3 | €3,656 | €0 | -€3,656 | -100.0% |
| Non-recurring operating income | 76A | - | €24,900 | +€24,900 | |
| Remuneration, social security and pensions | 62 | €256,652 | €299,336 | +€42,684 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,772 | €39,007 | +€12,235 | +45.7% |
| Other operating charges | 640/8 | €1,845 | €1,684 | -€161 | -8.7% |
| Non-recurring operating charges | 66A | €1,462 | €0 | -€1,462 | -100.0% |
| Gross operating margin | 9900 | €481,255 | €513,989 | +€32,734 | +6.8% |
| Operating profit (loss) | 9901 | €194,525 | €173,962 | -€20,562 | -10.6% |
| Financial income | 75/76B | €107 | €35,856 | +€35,749 | +33335.6% |
| Recurring financial income | 75 | €107 | €35,856 | +€35,749 | +33335.6% |
| Financial charges | 65/66B | €1,572 | €2,336 | +€764 | +48.6% |
| Recurring financial charges | 65 | €1,572 | €2,336 | +€764 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | €193,060 | €207,482 | +€14,423 | +7.5% |
| Profit (loss) for the period | 9904 | €193,060 | €207,482 | +€14,423 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €193,060 | €207,482 | +€14,423 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.