SNS Alliance: what changed
"SNS Alliance"
Largest movements
- Receivables within one year -€11,576
down €11,576 (-42.5%), from €27,208 to €15,632
of which Trade receivables: -€11,184
- Tangible fixed assets -€6,277
down €6,277 (-24.6%), from €25,560 to €19,282
of which Leasing and similar rights: -€6,273
- Cash +€5,487
up €5,487 (+55.9%), from €9,814 to €15,300
mainly Receivables within one year (+€11,576) and Depreciation (+€7,651)
- Debts after one year -€14,140
down €14,140 (-64.3%), from €22,007 to €7,867
- Profit (loss) carried forward +€2,276
up €2,276 (+31.4%), from €7,256 to €9,532
- Current portion of long-term debt -€702
down €702 (-4.7%), from €14,842 to €14,140
- Gross operating margin +€12,173
up €12,173 (+37.0%), from €32,913 to €45,086
- Taxes +€2,206
up €2,206 (+1,723%), from €128 to €2,334
- Staff costs +€991
up €991 (+3.6%), from €27,736 to €28,727
- Financial charges -€669
down €669 (-25.4%), from €2,628 to €1,959
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 | €63,866 | €51,442 | -€12,423 | -19.5% |
| Fixed assets | 21/28 | €25,817 | €19,539 | -€6,277 | -24.3% |
| Tangible fixed assets | 22/27 | €25,560 | €19,282 | -€6,277 | -24.6% |
| Plant, machinery and equipment | 23 | €1,861 | €1,415 | -€446 | -24.0% |
| Furniture and vehicles | 24 | €1,717 | €2,159 | +€442 | +25.8% |
| Leasing and similar rights | 25 | €21,982 | €15,709 | -€6,273 | -28.5% |
| Financial fixed assets | 28 | €257 | €257 | = | 0.0% |
| Current assets | 29/58 | €38,049 | €31,903 | -€6,146 | -16.2% |
| Amounts receivable within one year | 40/41 | €27,208 | €15,632 | -€11,576 | -42.5% |
| Trade receivables | 40 | €25,249 | €14,065 | -€11,184 | -44.3% |
| Other amounts receivable | 41 | €1,959 | €1,567 | -€392 | -20.0% |
| Cash at bank and in hand | 54/58 | €9,814 | €15,300 | +€5,487 | +55.9% |
| Deferred charges and accrued income | 490/1 | €1,028 | €971 | -€57 | -5.5% |
| Total equity and liabilities | 10/49 | €63,866 | €51,442 | -€12,423 | -19.5% |
| Equity | 10/15 | €9,256 | €11,532 | +€2,276 | +24.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,256 | €9,532 | +€2,276 | +31.4% |
| Amounts payable | 17/49 | €54,610 | €39,910 | -€14,699 | -26.9% |
| Amounts payable after more than one year | 17 | €22,007 | €7,867 | -€14,140 | -64.3% |
| Financial debts | 170/4 | €22,007 | €7,867 | -€14,140 | -64.3% |
| Amounts payable within one year | 42/48 | €32,590 | €32,031 | -€558 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €14,842 | €14,140 | -€702 | -4.7% |
| Trade debts | 44 | €1,591 | €1,492 | -€99 | -6.2% |
| Suppliers | 440/4 | €1,591 | €1,492 | -€99 | -6.2% |
| Taxes, remuneration and social security | 45 | €13,603 | €13,261 | -€343 | -2.5% |
| Taxes | 450/3 | €9,458 | €8,942 | -€516 | -5.5% |
| Remuneration and social security | 454/9 | €4,145 | €4,318 | +€173 | +4.2% |
| Other amounts payable | 47/48 | €2,553 | €3,139 | +€585 | +22.9% |
| Accrued charges and deferred income | 492/3 | €13 | €12 | -€1 | -8.8% |
| Remuneration, social security and pensions | 62 | €27,736 | €28,727 | +€991 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,612 | €7,651 | +€39 | +0.5% |
| Other operating charges | 640/8 | €1,251 | €1,306 | +€55 | +4.4% |
| Gross operating margin | 9900 | €32,913 | €45,086 | +€12,173 | +37.0% |
| Operating profit (loss) | 9901 | -€3,685 | €7,402 | +€11,088 | |
| Financial charges | 65/66B | €2,628 | €1,959 | -€669 | -25.4% |
| Recurring financial charges | 65 | €2,628 | €1,959 | -€669 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,313 | €5,443 | +€11,756 | |
| Income taxes | 67/77 | €128 | €2,334 | +€2,206 | +1,723% |
| Profit (loss) for the period | 9904 | -€6,441 | €3,109 | +€9,550 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,441 | €3,109 | +€9,550 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.