SNR Group: 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.
SNR Group
Largest movements
- Cash +€184,097
up €184,097 (+85.8%), from €214,689 to €398,786
mainly Net result for the year (+€97,359) and Receivables within one year (+€45,680)
- Receivables within one year -€45,680
down €45,680 (-90.7%), from €50,364 to €4,684
of which Trade receivables: -€45,298
- Tangible fixed assets -€15,375
down €15,375 (-13.3%), from €115,405 to €100,030
of which Furniture and vehicles: -€10,988
- Profit (loss) carried forward +€97,359
up €97,359 (+71.1%), from €136,956 to €234,315
- Accrued charges and deferred income -€40,470
no longer reported in 2025 (was €40,470)
- Tax, wage and social debts +€30,065
up €30,065 (+112%), from €26,792 to €56,857
of which Taxes: +€28,578
- Trade debts +€23,375
up €23,375 (+52.3%), from €44,706 to €68,081
- Debts after one year +€12,391
up €12,391 (+12.1%), from €102,768 to €115,159
- Purchases and services -€455,438
no longer reported in 2025 (was €455,438)
- Gross operating margin +€122,630
up €122,630 (+61.8%), from €198,508 to €321,138
- Staff costs +€76,892
up €76,892 (+96.9%), from €79,352 to €156,244
- Depreciation +€13,366
up €13,366 (+148%), from €9,022 to €22,388
- Taxes +€11,160
up €11,160 (+62.8%), from €17,782 to €28,942
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
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 | €380,713 | €503,755 | +€123,042 | +32.3% |
| Fixed assets | 21/28 | €115,660 | €100,284 | -€15,375 | -13.3% |
| Tangible fixed assets | 22/27 | €115,405 | €100,030 | -€15,375 | -13.3% |
| Plant, machinery and equipment | 23 | €4,340 | €6,549 | +€2,209 | +50.9% |
| Furniture and vehicles | 24 | €67,992 | €57,004 | -€10,988 | -16.2% |
| Leasing and similar rights | 25 | €43,072 | €36,476 | -€6,596 | -15.3% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €265,053 | €403,470 | +€138,417 | +52.2% |
| Amounts receivable within one year | 40/41 | €50,364 | €4,684 | -€45,680 | -90.7% |
| Trade receivables | 40 | €45,533 | €235 | -€45,298 | -99.5% |
| Other amounts receivable | 41 | €4,831 | €4,449 | -€382 | -7.9% |
| Cash at bank and in hand | 54/58 | €214,689 | €398,786 | +€184,097 | +85.8% |
| Total equity and liabilities | 10/49 | €380,713 | €503,755 | +€123,042 | +32.3% |
| Equity | 10/15 | €143,956 | €241,315 | +€97,359 | +67.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,956 | €234,315 | +€97,359 | +71.1% |
| Amounts payable | 17/49 | €236,757 | €262,440 | +€25,683 | +10.8% |
| Amounts payable after more than one year | 17 | €102,768 | €115,159 | +€12,391 | +12.1% |
| Financial debts | 170/4 | €102,768 | €115,159 | +€12,391 | +12.1% |
| Amounts payable within one year | 42/48 | €93,519 | €147,281 | +€53,762 | +57.5% |
| Current portion of amounts payable after more than one year | 42 | €19,025 | €21,594 | +€2,568 | +13.5% |
| Trade debts | 44 | €44,706 | €68,081 | +€23,375 | +52.3% |
| Suppliers | 440/4 | €44,706 | €68,081 | +€23,375 | +52.3% |
| Advances received on contracts in progress | 46 | €264 | €749 | +€485 | +184% |
| Taxes, remuneration and social security | 45 | €26,792 | €56,857 | +€30,065 | +112% |
| Taxes | 450/3 | €17,782 | €46,360 | +€28,578 | +161% |
| Remuneration and social security | 454/9 | €9,009 | €10,497 | +€1,488 | +16.5% |
| Other amounts payable | 47/48 | €2,733 | - | -€2,733 | |
| Accrued charges and deferred income | 492/3 | €40,470 | - | -€40,470 | |
| Goods, raw materials, services and sundry goods | 60/61 | €455,438 | - | -€455,438 | |
| Remuneration, social security and pensions | 62 | €79,352 | €156,244 | +€76,892 | +96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,022 | €22,388 | +€13,366 | +148% |
| Other operating charges | 640/8 | €3,397 | €4,277 | +€880 | +25.9% |
| Gross operating margin | 9900 | €198,508 | €321,138 | +€122,630 | +61.8% |
| Operating profit (loss) | 9901 | €106,736 | €138,229 | +€31,493 | +29.5% |
| Financial income | 75/76B | €45 | €0 | -€45 | -99.9% |
| Recurring financial income | 75 | €45 | €0 | -€45 | -99.9% |
| Financial charges | 65/66B | €4,058 | €11,928 | +€7,870 | +194% |
| Recurring financial charges | 65 | €4,058 | €11,928 | +€7,870 | +194% |
| Profit (loss) for the period before taxes | 9903 | €102,723 | €126,301 | +€23,578 | +23.0% |
| Income taxes | 67/77 | €17,782 | €28,942 | +€11,160 | +62.8% |
| Profit (loss) for the period | 9904 | €84,940 | €97,359 | +€12,418 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,940 | €97,359 | +€12,418 | +14.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.