SNTT: 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.
SNTT
Largest movements
- Tangible fixed assets -€41,476
down €41,476 (-16.4%), from €252,368 to €210,893
of which Plant, machinery and equipment: -€24,955
- Receivables within one year +€41,052
up €41,052 (+33.3%), from €123,162 to €164,213
of which Trade receivables: +€76,135
- Cash +€30,345
up €30,345 (+31.3%), from €96,903 to €127,247
mainly Depreciation (+€61,080) and Net result for the year (+€55,869)
- Stocks and contracts -€12,687
down €12,687 (-48.3%), from €26,262 to €13,575
- Deferred charges and accrued income -€5,768
down €5,768 (-95.2%), from €6,059 to €290
- Profit (loss) carried forward +€55,869
up €55,869 (+81.6%), from €68,432 to €124,301
- Other debts -€53,182
down €53,182 (-18.1%), from €293,797 to €240,615
- Tax, wage and social debts +€22,187
up €22,187 (+152.9%), from €14,511 to €36,698
of which Taxes: +€20,225
- Trade debts -€17,675
down €17,675 (-33.3%), from €53,143 to €35,468
- Depreciation +€37,973
up €37,973 (+164.3%), from €23,107 to €61,080
- Staff costs -€18,842
down €18,842 (-33.2%), from €56,705 to €37,863
- Gross operating margin +€12,456
up €12,456 (+7.3%), from €171,516 to €183,972
- Taxes +€8,843
up €8,843 (+67.8%), from €13,034 to €21,878
- Other operating charges +€2,199
up €2,199 (+41.5%), from €5,299 to €7,498
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.
Cash bridge derived
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 | €522,883 | €530,082 | +€7,199 | +1.4% |
| Fixed assets | 21/28 | €270,498 | €224,756 | -€45,742 | -16.9% |
| Intangible fixed assets | 21 | €18,129 | €13,863 | -€4,266 | -23.5% |
| Tangible fixed assets | 22/27 | €252,368 | €210,893 | -€41,476 | -16.4% |
| Plant, machinery and equipment | 23 | €166,152 | €141,197 | -€24,955 | -15.0% |
| Furniture and vehicles | 24 | €86,216 | €69,696 | -€16,520 | -19.2% |
| Current assets | 29/58 | €252,385 | €305,326 | +€52,941 | +21.0% |
| Stocks and contracts in progress | 3 | €26,262 | €13,575 | -€12,687 | -48.3% |
| Stocks | 30/36 | €26,262 | €13,575 | -€12,687 | -48.3% |
| Amounts receivable within one year | 40/41 | €123,162 | €164,213 | +€41,052 | +33.3% |
| Trade receivables | 40 | €76,995 | €153,130 | +€76,135 | +98.9% |
| Other amounts receivable | 41 | €46,167 | €11,084 | -€35,083 | -76.0% |
| Cash at bank and in hand | 54/58 | €96,903 | €127,247 | +€30,345 | +31.3% |
| Deferred charges and accrued income | 490/1 | €6,059 | €290 | -€5,768 | -95.2% |
| Total equity and liabilities | 10/49 | €522,883 | €530,082 | +€7,199 | +1.4% |
| Equity | 10/15 | €71,432 | €127,301 | +€55,869 | +78.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,432 | €124,301 | +€55,869 | +81.6% |
| Amounts payable | 17/49 | €451,451 | €402,781 | -€48,670 | -10.8% |
| Amounts payable within one year | 42/48 | €361,451 | €312,781 | -€48,670 | -13.5% |
| Trade debts | 44 | €53,143 | €35,468 | -€17,675 | -33.3% |
| Suppliers | 440/4 | €53,143 | €35,468 | -€17,675 | -33.3% |
| Taxes, remuneration and social security | 45 | €14,511 | €36,698 | +€22,187 | +152.9% |
| Taxes | 450/3 | €13,034 | €33,259 | +€20,225 | +155.2% |
| Remuneration and social security | 454/9 | €1,477 | €3,438 | +€1,962 | +132.9% |
| Other amounts payable | 47/48 | €293,797 | €240,615 | -€53,182 | -18.1% |
| Accrued charges and deferred income | 492/3 | €90,000 | €90,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €56,705 | €37,863 | -€18,842 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,107 | €61,080 | +€37,973 | +164.3% |
| Other operating charges | 640/8 | €5,299 | €7,498 | +€2,199 | +41.5% |
| Non-recurring operating charges | 66A | €4,797 | - | -€4,797 | |
| Gross operating margin | 9900 | €171,516 | €183,972 | +€12,456 | +7.3% |
| Operating profit (loss) | 9901 | €81,607 | €77,530 | -€4,077 | -5.0% |
| Financial income | 75/76B | €0 | €331 | +€331 | +1657100.0% |
| Recurring financial income | 75 | €0 | €331 | +€331 | +1657100.0% |
| Financial charges | 65/66B | €141 | €115 | -€26 | -18.5% |
| Recurring financial charges | 65 | €141 | €115 | -€26 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €81,466 | €77,747 | -€3,719 | -4.6% |
| Income taxes | 67/77 | €13,034 | €21,878 | +€8,843 | +67.8% |
| Profit (loss) for the period | 9904 | €68,432 | €55,869 | -€12,563 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,432 | €55,869 | -€12,563 | -18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.