SNP: 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.
SNP
Largest movements
- Cash +€84,779
up €84,779 (+39.0%), from €217,644 to €302,423
mainly Net result for the year (+€63,483) and Other debts (+€63,400)
- Tangible fixed assets -€16,258
down €16,258 (-41.1%), from €39,538 to €23,280
of which Plant, machinery and equipment: -€15,433
- Receivables within one year -€5,324
down €5,324 (-11.8%), from €45,094 to €39,770
- Other debts +€63,400
new in 2025: €63,400
- Taxes -€19,117
down €19,117 (-34.2%), from €55,859 to €36,742
- Gross operating margin +€14,780
up €14,780 (+14.2%), from €104,176 to €118,956
- Depreciation +€2,440
up €2,440 (+17.7%), from €13,818 to €16,258
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 | €302,276 | €365,473 | +€63,196 | +20.9% |
| Fixed assets | 21/28 | €39,538 | €23,280 | -€16,258 | -41.1% |
| Tangible fixed assets | 22/27 | €39,538 | €23,280 | -€16,258 | -41.1% |
| Plant, machinery and equipment | 23 | €34,041 | €18,608 | -€15,433 | -45.3% |
| Furniture and vehicles | 24 | €5,497 | €4,672 | -€825 | -15.0% |
| Current assets | 29/58 | €262,738 | €342,193 | +€79,454 | +30.2% |
| Amounts receivable within one year | 40/41 | €45,094 | €39,770 | -€5,324 | -11.8% |
| Trade receivables | 40 | €45,094 | €39,770 | -€5,324 | -11.8% |
| Cash at bank and in hand | 54/58 | €217,644 | €302,423 | +€84,779 | +39.0% |
| Total equity and liabilities | 10/49 | €302,276 | €365,473 | +€63,196 | +20.9% |
| Equity | 10/15 | €284,610 | €284,693 | +€83 | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,550 | €276,633 | +€83 | 0.0% |
| Amounts payable | 17/49 | €17,666 | €80,780 | +€63,114 | +357.3% |
| Amounts payable within one year | 42/48 | €17,666 | €80,780 | +€63,114 | +357.3% |
| Trade debts | 44 | €9,547 | €10,821 | +€1,274 | +13.3% |
| Suppliers | 440/4 | €9,547 | €10,821 | +€1,274 | +13.3% |
| Taxes, remuneration and social security | 45 | €8,119 | €6,559 | -€1,560 | -19.2% |
| Taxes | 450/3 | €8,119 | €6,559 | -€1,560 | -19.2% |
| Other amounts payable | 47/48 | - | €63,400 | +€63,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,818 | €16,258 | +€2,440 | +17.7% |
| Other operating charges | 640/8 | €494 | €1,242 | +€748 | +151.4% |
| Gross operating margin | 9900 | €104,176 | €118,956 | +€14,780 | +14.2% |
| Operating profit (loss) | 9901 | €89,864 | €101,456 | +€11,592 | +12.9% |
| Financial charges | 65/66B | €1,647 | €1,231 | -€416 | -25.3% |
| Recurring financial charges | 65 | €1,647 | €1,231 | -€416 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €88,217 | €100,225 | +€12,008 | +13.6% |
| Income taxes | 67/77 | €55,859 | €36,742 | -€19,117 | -34.2% |
| Profit (loss) for the period | 9904 | €32,358 | €63,483 | +€31,125 | +96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,358 | €63,483 | +€31,125 | +96.2% |
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 2 October 2026 via checked.be.