SNTI 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.
SNTI GROUP
Largest movements
- Receivables within one year +€189,470
up €189,470 (+136%), from €139,704 to €329,174
of which Trade receivables: +€175,240
- Tangible fixed assets +€142,123
new in 2022: €142,123
of which Furniture and vehicles: +€141,759
- Reserves +€197,736
new in 2022: €197,736
- Debts after one year +€76,254
new in 2022: €76,254
- Profit (loss) carried forward -€64,961
no longer reported in 2022 (was €64,961)
- Current portion of long-term debt +€57,685
new in 2022: €57,685
- Tax, wage and social debts +€40,452
up €40,452 (+185%), from €21,922 to €62,374
of which Taxes: +€39,119
- Gross operating margin +€64,430
up €64,430 (+34.0%), from €189,305 to €253,735
- Staff costs -€50,160
down €50,160 (-46.9%), from €106,932 to €56,773
- Taxes +€28,176
up €28,176 (+172%), from €16,378 to €44,554
- Depreciation +€14,345
new in 2022: €14,345
- Financial charges +€3,499
up €3,499 (+1,635%), from €214 to €3,713
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,789 | €485,953 | +€331,165 | +214% |
| Fixed assets | 21/28 | - | €142,123 | +€142,123 | |
| Tangible fixed assets | 22/27 | - | €142,123 | +€142,123 | |
| Plant, machinery and equipment | 23 | - | €364 | +€364 | |
| Furniture and vehicles | 24 | - | €141,759 | +€141,759 | |
| Current assets | 29/58 | €154,789 | €343,831 | +€189,042 | +122% |
| Amounts receivable within one year | 40/41 | €139,704 | €329,174 | +€189,470 | +136% |
| Trade receivables | 40 | €139,704 | €314,944 | +€175,240 | +125% |
| Other amounts receivable | 41 | - | €14,230 | +€14,230 | |
| Cash at bank and in hand | 54/58 | €15,085 | €13,572 | -€1,513 | -10.0% |
| Deferred charges and accrued income | 490/1 | - | €1,085 | +€1,085 | |
| Total equity and liabilities | 10/49 | €154,789 | €485,953 | +€331,165 | +214% |
| Equity | 10/15 | €69,961 | €202,736 | +€132,775 | +190% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €197,736 | +€197,736 | |
| Distributable reserves | 133 | - | €197,736 | +€197,736 | |
| Profit (loss) carried forward | 14 | €64,961 | - | -€64,961 | |
| Amounts payable | 17/49 | €84,828 | €283,217 | +€198,390 | +234% |
| Amounts payable after more than one year | 17 | - | €76,254 | +€76,254 | |
| Financial debts | 170/4 | - | €76,254 | +€76,254 | |
| Amounts payable within one year | 42/48 | €84,828 | €206,963 | +€122,135 | +144% |
| Current portion of amounts payable after more than one year | 42 | - | €57,685 | +€57,685 | |
| Trade debts | 44 | €16,764 | €56,479 | +€39,715 | +237% |
| Suppliers | 440/4 | €16,764 | €56,479 | +€39,715 | +237% |
| Advances received on contracts in progress | 46 | €31,705 | - | -€31,705 | |
| Taxes, remuneration and social security | 45 | €21,922 | €62,374 | +€40,452 | +185% |
| Taxes | 450/3 | €21,812 | €60,931 | +€39,119 | +179% |
| Remuneration and social security | 454/9 | €110 | €1,443 | +€1,333 | +1,208% |
| Other amounts payable | 47/48 | €14,436 | €30,425 | +€15,989 | +111% |
| Non-recurring operating income | 76A | €5,370 | - | -€5,370 | |
| Remuneration, social security and pensions | 62 | €106,932 | €56,773 | -€50,160 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €14,345 | +€14,345 | |
| Other operating charges | 640/8 | €819 | €1,575 | +€756 | +92.3% |
| Gross operating margin | 9900 | €189,305 | €253,735 | +€64,430 | +34.0% |
| Operating profit (loss) | 9901 | €81,553 | €181,042 | +€99,489 | +122% |
| Financial charges | 65/66B | €214 | €3,713 | +€3,499 | +1,635% |
| Recurring financial charges | 65 | €214 | €3,713 | +€3,499 | +1,635% |
| Profit (loss) for the period before taxes | 9903 | €81,339 | €177,329 | +€95,990 | +118% |
| Income taxes | 67/77 | €16,378 | €44,554 | +€28,176 | +172% |
| Profit (loss) for the period | 9904 | €64,961 | €132,775 | +€67,814 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €64,961 | €132,775 | +€67,814 | +104% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.