SNS SOLUTIONS: 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.
SNS SOLUTIONS
Largest movements
- Receivables within one year +€129,284
up €129,284 (+74.4%), from €173,845 to €303,129
of which Trade receivables: +€83,449
- Tangible fixed assets -€14,474
down €14,474 (-27.1%), from €53,405 to €38,932
of which Furniture and vehicles: -€16,925
- Cash -€12,497
down €12,497 (-11.9%), from €104,759 to €92,262
mainly Receivables within one year (-€129,284) and Debts after one year (-€23,298)
- Stocks and contracts -€6,631
down €6,631 (-30.1%), from €21,997 to €15,367
of which Stocks: -€13,815
- Trade debts +€59,704
up €59,704 (+34.0%), from €175,791 to €235,494
- Tax, wage and social debts +€33,605
up €33,605 (+197%), from €17,059 to €50,663
of which Remuneration and social security: +€29,029
- Debts after one year -€23,298
down €23,298 (-36.6%), from €63,696 to €40,398
- Reserves +€16,500
up €16,500 (+76.9%), from €21,469 to €37,969
of which Distributable reserves: +€16,500
- Current portion of long-term debt +€9,690
up €9,690 (+211%), from €4,588 to €14,277
- Staff costs -€56,513
no longer reported in 2024 (was €56,513)
- Financial charges +€35,793
up €35,793 (+1,009%), from €3,548 to €39,340
of which Non-recurring financial charges: +€30,414
- Gross operating margin -€28,669
down €28,669 (-22.9%), from €125,038 to €96,368
- Depreciation -€9,104
down €9,104 (-26.7%), from €34,056 to €24,952
- Financial income +€1,921
up €1,921 (+179%), from €1,074 to €2,994
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,803 | €453,236 | +€97,433 | +27.4% |
| Fixed assets | 21/28 | €53,576 | €39,102 | -€14,474 | -27.0% |
| Tangible fixed assets | 22/27 | €53,405 | €38,932 | -€14,474 | -27.1% |
| Plant, machinery and equipment | 23 | €837 | €3,461 | +€2,624 | +313% |
| Furniture and vehicles | 24 | €50,672 | €33,747 | -€16,925 | -33.4% |
| Other tangible fixed assets | 26 | €1,895 | €1,723 | -€172 | -9.1% |
| Financial fixed assets | 28 | €171 | €171 | = | 0.0% |
| Current assets | 29/58 | €302,227 | €414,133 | +€111,907 | +37.0% |
| Stocks and contracts in progress | 3 | €21,997 | €15,367 | -€6,631 | -30.1% |
| Stocks | 30/36 | €21,997 | €8,182 | -€13,815 | -62.8% |
| Contracts in progress | 37 | - | €7,184 | +€7,184 | |
| Amounts receivable within one year | 40/41 | €173,845 | €303,129 | +€129,284 | +74.4% |
| Trade receivables | 40 | €132,456 | €215,904 | +€83,449 | +63.0% |
| Other amounts receivable | 41 | €41,389 | €87,225 | +€45,835 | +111% |
| Cash at bank and in hand | 54/58 | €104,759 | €92,262 | -€12,497 | -11.9% |
| Deferred charges and accrued income | 490/1 | €1,625 | €3,376 | +€1,750 | +108% |
| Total equity and liabilities | 10/49 | €355,803 | €453,236 | +€97,433 | +27.4% |
| Equity | 10/15 | €71,591 | €88,307 | +€16,717 | +23.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,469 | €37,969 | +€16,500 | +76.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,609 | €36,109 | +€16,500 | +84.1% |
| Profit (loss) carried forward | 14 | €43,922 | €44,139 | +€217 | +0.5% |
| Amounts payable | 17/49 | €284,212 | €364,928 | +€80,716 | +28.4% |
| Amounts payable after more than one year | 17 | €63,696 | €40,398 | -€23,298 | -36.6% |
| Financial debts | 170/4 | €63,696 | €40,398 | -€23,298 | -36.6% |
| Amounts payable within one year | 42/48 | €219,437 | €323,982 | +€104,545 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €4,588 | €14,277 | +€9,690 | +211% |
| Financial debts | 43 | €22,000 | €23,547 | +€1,547 | +7.0% |
| Credit institutions | 430/8 | €22,000 | €23,547 | +€1,547 | +7.0% |
| Trade debts | 44 | €175,791 | €235,494 | +€59,704 | +34.0% |
| Suppliers | 440/4 | €175,791 | €235,494 | +€59,704 | +34.0% |
| Taxes, remuneration and social security | 45 | €17,059 | €50,663 | +€33,605 | +197% |
| Taxes | 450/3 | €16,892 | €21,467 | +€4,575 | +27.1% |
| Remuneration and social security | 454/9 | €167 | €29,196 | +€29,029 | +17,398% |
| Accrued charges and deferred income | 492/3 | €1,079 | €548 | -€531 | -49.2% |
| Remuneration, social security and pensions | 62 | €56,513 | - | -€56,513 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,056 | €24,952 | -€9,104 | -26.7% |
| Other operating charges | 640/8 | €384 | €2,146 | +€1,762 | +458% |
| Non-recurring operating charges | 66A | - | €5,436 | +€5,436 | |
| Gross operating margin | 9900 | €125,038 | €96,368 | -€28,669 | -22.9% |
| Operating profit (loss) | 9901 | €34,084 | €63,834 | +€29,750 | +87.3% |
| Financial income | 75/76B | €1,074 | €2,994 | +€1,921 | +179% |
| Recurring financial income | 75 | €1,074 | €2,994 | +€1,921 | +179% |
| Financial charges | 65/66B | €3,548 | €39,340 | +€35,793 | +1,009% |
| Recurring financial charges | 65 | €3,548 | €8,927 | +€5,379 | +152% |
| Non-recurring financial charges | 66B | - | €30,414 | +€30,414 | |
| Profit (loss) for the period before taxes | 9903 | €31,610 | €27,488 | -€4,121 | -13.0% |
| Income taxes | 67/77 | €12,001 | €10,771 | -€1,230 | -10.2% |
| Profit (loss) for the period | 9904 | €19,609 | €16,717 | -€2,892 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,609 | €16,717 | -€2,892 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.