SNOWTRAVEL: what changed
SNOWTRAVEL
Largest movements
- Cash -€242,350
down €242,350 (-82.0%), from €295,664 to €53,314
mainly Other debts (-€83,790) and Net result for the year (-€75,430)
- Receivables within one year -€66,296
down €66,296 (-38.7%), from €171,441 to €105,144
of which Trade receivables: -€34,578
- Deferred charges and accrued income +€46,632
up €46,632 (+601%), from €7,759 to €54,390
- Tangible fixed assets -€9,142
down €9,142 (-22.6%), from €40,371 to €31,229
of which Other tangible fixed assets: -€8,089
- Other debts -€83,790
down €83,790 (-80.7%), from €103,775 to €19,986
- Reserves -€75,430
down €75,430 (-65.5%), from €115,086 to €39,656
of which Distributable reserves: -€75,430
- Trade debts -€74,967
down €74,967 (-65.7%), from €114,036 to €39,069
- Tax, wage and social debts -€33,077
down €33,077 (-59.9%), from €55,199 to €22,122
of which Taxes: -€39,934
- Advances received -€5,756
no longer reported in 2025 (was €5,756)
- Gross operating margin -€229,830
down €229,830 (-71.8%), from €320,209 to €90,379
- Taxes -€42,583
no longer reported in 2025 (was €42,583)
- Staff costs +€9,896
up €9,896 (+6.7%), from €146,903 to €156,798
- Financial income +€9,600
up €9,600 (+299,064%), from €3 to €9,603
of which Non-recurring financial income: +€9,565
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,352 | €248,333 | -€273,019 | -52.4% |
| Fixed assets | 21/28 | €46,488 | €35,484 | -€11,004 | -23.7% |
| Intangible fixed assets | 21 | €6,117 | €4,255 | -€1,862 | -30.4% |
| Tangible fixed assets | 22/27 | €40,371 | €31,229 | -€9,142 | -22.6% |
| Plant, machinery and equipment | 23 | €3,185 | €2,297 | -€888 | -27.9% |
| Furniture and vehicles | 24 | €825 | €660 | -€165 | -20.0% |
| Other tangible fixed assets | 26 | €36,362 | €28,273 | -€8,089 | -22.2% |
| Current assets | 29/58 | €474,864 | €212,849 | -€262,015 | -55.2% |
| Amounts receivable within one year | 40/41 | €171,441 | €105,144 | -€66,296 | -38.7% |
| Trade receivables | 40 | €91,464 | €56,885 | -€34,578 | -37.8% |
| Other amounts receivable | 41 | €79,977 | €48,259 | -€31,718 | -39.7% |
| Cash at bank and in hand | 54/58 | €295,664 | €53,314 | -€242,350 | -82.0% |
| Deferred charges and accrued income | 490/1 | €7,759 | €54,390 | +€46,632 | +601% |
| Total equity and liabilities | 10/49 | €521,352 | €248,333 | -€273,019 | -52.4% |
| Equity | 10/15 | €240,086 | €164,656 | -€75,430 | -31.4% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €115,086 | €39,656 | -€75,430 | -65.5% |
| Non-distributable reserves | 130/1 | €1,470 | €1,470 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,470 | €1,470 | = | 0.0% |
| Distributable reserves | 133 | €113,616 | €38,186 | -€75,430 | -66.4% |
| Amounts payable | 17/49 | €281,265 | €83,676 | -€197,589 | -70.3% |
| Amounts payable within one year | 42/48 | €278,765 | €81,176 | -€197,589 | -70.9% |
| Trade debts | 44 | €114,036 | €39,069 | -€74,967 | -65.7% |
| Suppliers | 440/4 | €114,036 | €39,069 | -€74,967 | -65.7% |
| Advances received on contracts in progress | 46 | €5,756 | - | -€5,756 | |
| Taxes, remuneration and social security | 45 | €55,199 | €22,122 | -€33,077 | -59.9% |
| Taxes | 450/3 | €42,597 | €2,663 | -€39,934 | -93.7% |
| Remuneration and social security | 454/9 | €12,602 | €19,459 | +€6,857 | +54.4% |
| Other amounts payable | 47/48 | €103,775 | €19,986 | -€83,790 | -80.7% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €146,903 | €156,798 | +€9,896 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,504 | €11,004 | -€500 | -4.3% |
| Other operating charges | 640/8 | €539 | €1,117 | +€579 | +107% |
| Gross operating margin | 9900 | €320,209 | €90,379 | -€229,830 | -71.8% |
| Operating profit (loss) | 9901 | €161,264 | -€78,541 | -€239,804 | |
| Financial income | 75/76B | €3 | €9,603 | +€9,600 | +299,064% |
| Recurring financial income | 75 | €3 | €38 | +€35 | +1,079% |
| Non-recurring financial income | 76B | - | €9,565 | +€9,565 | |
| Financial charges | 65/66B | €5,901 | €6,492 | +€592 | +10.0% |
| Recurring financial charges | 65 | €5,901 | €6,492 | +€592 | +10.0% |
| Profit (loss) for the period before taxes | 9903 | €155,366 | -€75,430 | -€230,796 | |
| Income taxes | 67/77 | €42,583 | - | -€42,583 | |
| Profit (loss) for the period | 9904 | €112,783 | -€75,430 | -€188,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €112,783 | -€75,430 | -€188,213 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.