SNS CONCEPT: 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.
SNS CONCEPT
Largest movements
- Receivables within one year +€22,662
up €22,662 (+34.1%), from €66,413 to €89,075
of which Trade receivables: +€22,500
- Cash -€9,230
down €9,230 (-100.0%), from €9,231 to €1
mainly Receivables within one year (-€22,662) and Other debts (-€16,399)
- Tangible fixed assets -€6,287
down €6,287 (-32.2%), from €19,504 to €13,216
- Profit (loss) carried forward +€26,145
up €26,145 (+58.4%), from -€44,754 to -€18,609
- Other debts -€16,399
down €16,399 (-13.2%), from €123,828 to €107,429
- Trade debts -€2,601
down €2,601 (-38.1%), from €6,824 to €4,223
- Gross operating margin +€72,389
up €72,389, from -€28,127 to €44,261
- Staff costs -€26,826
no longer reported in 2025 (was €26,826)
- Taxes +€10,754
up €10,754 (+1277.0%), from €842 to €11,596
- Other operating charges -€8,437
down €8,437 (-99.7%), from €8,459 to €23
- Depreciation +€861
up €861 (+15.9%), from €5,427 to €6,287
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 | €95,147 | €102,292 | +€7,145 | +7.5% |
| Fixed assets | 21/28 | €19,504 | €13,216 | -€6,287 | -32.2% |
| Tangible fixed assets | 22/27 | €19,504 | €13,216 | -€6,287 | -32.2% |
| Furniture and vehicles | 24 | €19,504 | €13,216 | -€6,287 | -32.2% |
| Current assets | 29/58 | €75,643 | €89,076 | +€13,432 | +17.8% |
| Amounts receivable within one year | 40/41 | €66,413 | €89,075 | +€22,662 | +34.1% |
| Trade receivables | 40 | €65,298 | €87,798 | +€22,500 | +34.5% |
| Other amounts receivable | 41 | €1,114 | €1,277 | +€162 | +14.6% |
| Cash at bank and in hand | 54/58 | €9,231 | €1 | -€9,230 | -100.0% |
| Total equity and liabilities | 10/49 | €95,147 | €102,292 | +€7,145 | +7.5% |
| Equity | 10/15 | -€36,694 | -€10,549 | +€26,145 | +71.3% |
| 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 | -€44,754 | -€18,609 | +€26,145 | +58.4% |
| Amounts payable | 17/49 | €131,842 | €112,841 | -€19,000 | -14.4% |
| Amounts payable within one year | 42/48 | €131,842 | €112,841 | -€19,000 | -14.4% |
| Trade debts | 44 | €6,824 | €4,223 | -€2,601 | -38.1% |
| Suppliers | 440/4 | €6,824 | €4,223 | -€2,601 | -38.1% |
| Taxes, remuneration and social security | 45 | €1,189 | €1,189 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,189 | €1,189 | = | 0.0% |
| Other amounts payable | 47/48 | €123,828 | €107,429 | -€16,399 | -13.2% |
| Remuneration, social security and pensions | 62 | €26,826 | - | -€26,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,427 | €6,287 | +€861 | +15.9% |
| Other operating charges | 640/8 | €8,459 | €23 | -€8,437 | -99.7% |
| Gross operating margin | 9900 | -€28,127 | €44,261 | +€72,389 | |
| Operating profit (loss) | 9901 | -€68,839 | €37,951 | +€106,790 | |
| Financial charges | 65/66B | €202 | €210 | +€8 | +4.1% |
| Recurring financial charges | 65 | €202 | €210 | +€8 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€69,041 | €37,741 | +€106,782 | |
| Income taxes | 67/77 | €842 | €11,596 | +€10,754 | +1277.0% |
| Profit (loss) for the period | 9904 | -€69,883 | €26,145 | +€96,028 | |
| Profit (loss) for the period to be appropriated | 9905 | -€69,883 | €26,145 | +€96,028 |
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 6 October 2026 via checked.be.