SNOWMAN: 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.
SNOWMAN
Largest movements
- Tangible fixed assets -€6,959
down €6,959 (-16.7%), from €41,671 to €34,713
of which Furniture and vehicles: -€7,961
- Receivables within one year +€5,551
up €5,551 (+60.9%), from €9,118 to €14,670
of which Trade receivables: +€5,535
- Profit (loss) carried forward +€12,633
up €12,633 (+39.5%), from -€31,989 to -€19,356
- Current portion of long-term debt -€8,212
down €8,212 (-32.8%), from €25,017 to €16,805
- Debts after one year -€5,796
no longer reported in 2025 (was €5,796)
- Short-term financial debts -€4,685
down €4,685 (-74.1%), from €6,319 to €1,634
- Tax, wage and social debts +€2,988
up €2,988 (+25.4%), from €11,743 to €14,731
of which Taxes: +€2,438
- Gross operating margin +€21,408
up €21,408 (+263%), from €8,155 to €29,563
- Taxes +€3,669
up €3,669 (+561%), from €654 to €4,322
- Financial charges -€2,667
down €2,667 (-62.6%), from €4,262 to €1,595
- Other operating charges -€2,314
down €2,314 (-70.7%), from €3,272 to €959
- Depreciation +€747
up €747 (+7.4%), from €10,121 to €10,869
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,790 | €49,383 | -€1,407 | -2.8% |
| Fixed assets | 21/28 | €41,671 | €34,713 | -€6,959 | -16.7% |
| Tangible fixed assets | 22/27 | €41,671 | €34,713 | -€6,959 | -16.7% |
| Furniture and vehicles | 24 | €36,490 | €28,529 | -€7,961 | -21.8% |
| Other tangible fixed assets | 26 | €5,181 | €6,183 | +€1,002 | +19.3% |
| Current assets | 29/58 | €9,118 | €14,670 | +€5,551 | +60.9% |
| Amounts receivable within one year | 40/41 | €9,118 | €14,670 | +€5,551 | +60.9% |
| Trade receivables | 40 | €9,106 | €14,641 | +€5,535 | +60.8% |
| Other amounts receivable | 41 | €13 | €29 | +€16 | +130% |
| Total equity and liabilities | 10/49 | €50,790 | €49,383 | -€1,407 | -2.8% |
| Equity | 10/15 | -€11,529 | €1,104 | +€12,633 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,989 | -€19,356 | +€12,633 | +39.5% |
| Amounts payable | 17/49 | €62,319 | €48,279 | -€14,040 | -22.5% |
| Amounts payable after more than one year | 17 | €5,796 | - | -€5,796 | |
| Financial debts | 170/4 | €5,796 | - | -€5,796 | |
| Amounts payable within one year | 42/48 | €56,522 | €48,279 | -€8,244 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €25,017 | €16,805 | -€8,212 | -32.8% |
| Financial debts | 43 | €6,319 | €1,634 | -€4,685 | -74.1% |
| Credit institutions | 430/8 | €6,319 | €1,634 | -€4,685 | -74.1% |
| Trade debts | 44 | €3,443 | €5,108 | +€1,665 | +48.4% |
| Suppliers | 440/4 | €3,443 | €5,108 | +€1,665 | +48.4% |
| Taxes, remuneration and social security | 45 | €11,743 | €14,731 | +€2,988 | +25.4% |
| Taxes | 450/3 | €9,743 | €12,181 | +€2,438 | +25.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,550 | +€550 | +27.5% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,121 | €10,869 | +€747 | +7.4% |
| Other operating charges | 640/8 | €3,272 | €959 | -€2,314 | -70.7% |
| Gross operating margin | 9900 | €8,155 | €29,563 | +€21,408 | +263% |
| Operating profit (loss) | 9901 | -€5,239 | €17,735 | +€22,974 | |
| Financial income | 75/76B | €630 | €815 | +€185 | +29.3% |
| Recurring financial income | 75 | €630 | €815 | +€185 | +29.3% |
| Financial charges | 65/66B | €4,262 | €1,595 | -€2,667 | -62.6% |
| Recurring financial charges | 65 | €4,262 | €1,595 | -€2,667 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,871 | €16,955 | +€25,826 | |
| Income taxes | 67/77 | €654 | €4,322 | +€3,669 | +561% |
| Profit (loss) for the period | 9904 | -€9,525 | €12,633 | +€22,157 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,525 | €12,633 | +€22,157 |
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 19 October 2026 via checked.be.