SNUFFEL: 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.
SNUFFEL
Largest movements
- Current investments -€190,000
down €190,000 (-54.3%), from €350,000 to €160,000
- Cash +€96,301
up €96,301 (+75.4%), from €127,726 to €224,027
mainly Current investments (+€190,000) and Depreciation (+€34,148)
- Receivables within one year +€40,811
up €40,811 (+178.2%), from €22,897 to €63,709
of which Other amounts receivable: +€32,049
- Deferred charges and accrued income -€21,038
down €21,038 (-75.5%), from €27,860 to €6,822
- Tangible fixed assets -€11,159
down €11,159 (-8.7%), from €128,543 to €117,384
of which Plant, machinery and equipment: -€15,141
- Reserves -€61,680
down €61,680 (-19.0%), from €324,503 to €262,823
- Trade debts +€24,124
up €24,124 (+63.0%), from €38,286 to €62,409
- Tax, wage and social debts -€24,028
down €24,028 (-17.7%), from €135,381 to €111,354
of which Remuneration and social security: -€30,745
- Provisions -€22,384
down €22,384 (-77.3%), from €28,970 to €6,586
- Staff costs +€37,650
up €37,650 (+6.0%), from €624,987 to €662,637
- Gross operating margin -€17,161
down €17,161 (-2.1%), from €799,530 to €782,370
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 | €669,000 | €585,768 | -€83,232 | -12.4% |
| Fixed assets | 21/28 | €128,543 | €117,384 | -€11,159 | -8.7% |
| Tangible fixed assets | 22/27 | €128,543 | €117,384 | -€11,159 | -8.7% |
| Land and buildings | 22 | €41,551 | €46,075 | +€4,524 | +10.9% |
| Plant, machinery and equipment | 23 | €82,292 | €67,151 | -€15,141 | -18.4% |
| Furniture and vehicles | 24 | €4,700 | €4,157 | -€543 | -11.5% |
| Current assets | 29/58 | €540,457 | €468,384 | -€72,073 | -13.3% |
| Stocks and contracts in progress | 3 | €11,974 | €13,827 | +€1,853 | +15.5% |
| Stocks | 30/36 | €11,974 | €13,827 | +€1,853 | +15.5% |
| Amounts receivable within one year | 40/41 | €22,897 | €63,709 | +€40,811 | +178.2% |
| Trade receivables | 40 | €1,463 | €10,225 | +€8,763 | +599.1% |
| Other amounts receivable | 41 | €21,435 | €53,483 | +€32,049 | +149.5% |
| Current investments | 50/53 | €350,000 | €160,000 | -€190,000 | -54.3% |
| Cash at bank and in hand | 54/58 | €127,726 | €224,027 | +€96,301 | +75.4% |
| Deferred charges and accrued income | 490/1 | €27,860 | €6,822 | -€21,038 | -75.5% |
| Total equity and liabilities | 10/49 | €669,000 | €585,768 | -€83,232 | -12.4% |
| Equity | 10/15 | €427,307 | €365,627 | -€61,680 | -14.4% |
| Contributions | 10/11 | €102,803 | €102,803 | = | 0.0% |
| Capital | 10 | €102,803 | €102,803 | = | 0.0% |
| Reserves | 13 | €324,503 | €262,823 | -€61,680 | -19.0% |
| Provisions and deferred taxes | 16 | €28,970 | €6,586 | -€22,384 | -77.3% |
| Provisions for liabilities and charges | 160/5 | €28,970 | €6,586 | -€22,384 | -77.3% |
| Major repairs and maintenance | 162 | €28,970 | €6,586 | -€22,384 | -77.3% |
| Amounts payable | 17/49 | €212,723 | €213,555 | +€832 | +0.4% |
| Amounts payable within one year | 42/48 | €173,667 | €173,763 | +€96 | +0.1% |
| Trade debts | 44 | €38,286 | €62,409 | +€24,124 | +63.0% |
| Suppliers | 440/4 | €38,286 | €62,409 | +€24,124 | +63.0% |
| Taxes, remuneration and social security | 45 | €135,381 | €111,354 | -€24,028 | -17.7% |
| Taxes | 450/3 | €12,704 | €19,421 | +€6,717 | +52.9% |
| Remuneration and social security | 454/9 | €122,677 | €91,933 | -€30,745 | -25.1% |
| Accrued charges and deferred income | 492/3 | €39,056 | €39,792 | +€736 | +1.9% |
| Remuneration, social security and pensions | 62 | €624,987 | €662,637 | +€37,650 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,009 | €34,148 | +€2,139 | +6.7% |
| Other operating charges | 640/8 | €124,704 | €120,202 | -€4,502 | -3.6% |
| Gross operating margin | 9900 | €799,530 | €782,370 | -€17,161 | -2.1% |
| Operating profit (loss) | 9901 | €21,130 | -€34,617 | -€55,747 | |
| Financial income | 75/76B | €13,752 | €6,952 | -€6,800 | -49.4% |
| Recurring financial income | 75 | €13,752 | €6,952 | -€6,800 | -49.4% |
| Financial charges | 65/66B | €34,734 | €34,015 | -€719 | -2.1% |
| Recurring financial charges | 65 | €34,734 | €34,015 | -€719 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €148 | -€61,680 | -€61,828 | |
| Profit (loss) for the period | 9904 | €148 | -€61,680 | -€61,828 | |
| Profit (loss) for the period to be appropriated | 9905 | €148 | -€61,680 | -€61,828 |
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 8 October 2026 via checked.be.