SNV: 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.
SNV
Largest movements
- Tangible fixed assets -€19,783
down €19,783 (-3.3%), from €600,885 to €581,102
of which Land and buildings: -€17,281
- Receivables after one year +€15,000
up €15,000 (+13.0%), from €115,000 to €130,000
- Debts after one year -€21,793
down €21,793 (-5.6%), from €391,014 to €369,220
- Profit (loss) carried forward +€17,568
up €17,568 (+6.4%), from €276,383 to €293,951
- Gross operating margin -€4,793
down €4,793 (-6.4%), from €74,490 to €69,697
- Depreciation -€3,845
down €3,845 (-16.9%), from €22,688 to €18,843
- Financial income -€1,985
down €1,985 (-94.5%), from €2,100 to €115
- Taxes -€1,205
down €1,205 (-20.1%), from €5,990 to €4,784
- Other operating charges +€941
up €941 (+67.2%), from €1,401 to €2,343
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €745,037 | €742,874 | -€2,162 | -0.3% |
| Fixed assets | 21/28 | €600,885 | €581,102 | -€19,783 | -3.3% |
| Tangible fixed assets | 22/27 | €600,885 | €581,102 | -€19,783 | -3.3% |
| Land and buildings | 22 | €593,558 | €576,278 | -€17,281 | -2.9% |
| Plant, machinery and equipment | 23 | €1,506 | €2,511 | +€1,005 | +66.7% |
| Furniture and vehicles | 24 | €5,821 | €2,313 | -€3,507 | -60.3% |
| Current assets | 29/58 | €144,152 | €161,772 | +€17,621 | +12.2% |
| Amounts receivable after more than one year | 29 | €115,000 | €130,000 | +€15,000 | +13.0% |
| Other amounts receivable | 291 | €115,000 | €130,000 | +€15,000 | +13.0% |
| Amounts receivable within one year | 40/41 | €11,396 | €13,711 | +€2,315 | +20.3% |
| Trade receivables | 40 | €11,396 | €13,711 | +€2,315 | +20.3% |
| Cash at bank and in hand | 54/58 | €16,685 | €18,062 | +€1,377 | +8.3% |
| Deferred charges and accrued income | 490/1 | €1,071 | - | -€1,071 | |
| Total equity and liabilities | 10/49 | €745,037 | €742,874 | -€2,162 | -0.3% |
| Equity | 10/15 | €298,383 | €315,951 | +€17,568 | +5.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €276,383 | €293,951 | +€17,568 | +6.4% |
| Amounts payable | 17/49 | €446,653 | €426,923 | -€19,730 | -4.4% |
| Amounts payable after more than one year | 17 | €391,014 | €369,220 | -€21,793 | -5.6% |
| Financial debts | 170/4 | €391,014 | €369,220 | -€21,793 | -5.6% |
| Amounts payable within one year | 42/48 | €55,640 | €56,599 | +€959 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €21,470 | €21,793 | +€324 | +1.5% |
| Trade debts | 44 | €1,150 | €1,510 | +€360 | +31.4% |
| Suppliers | 440/4 | €1,150 | €1,510 | +€360 | +31.4% |
| Taxes, remuneration and social security | 45 | €11,123 | €10,388 | -€736 | -6.6% |
| Taxes | 450/3 | €11,123 | €10,388 | -€736 | -6.6% |
| Other amounts payable | 47/48 | €21,897 | €22,907 | +€1,011 | +4.6% |
| Accrued charges and deferred income | 492/3 | - | €1,105 | +€1,105 | |
| Non-recurring operating income | 76A | - | €10,297 | +€10,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,688 | €18,843 | -€3,845 | -16.9% |
| Other operating charges | 640/8 | €1,401 | €2,343 | +€941 | +67.2% |
| Gross operating margin | 9900 | €74,490 | €69,697 | -€4,793 | -6.4% |
| Operating profit (loss) | 9901 | €50,401 | €48,511 | -€1,890 | -3.7% |
| Financial income | 75/76B | €2,100 | €115 | -€1,985 | -94.5% |
| Recurring financial income | 75 | €2,100 | €115 | -€1,985 | -94.5% |
| Financial charges | 65/66B | €6,605 | €6,274 | -€331 | -5.0% |
| Recurring financial charges | 65 | €6,605 | €6,274 | -€331 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €45,896 | €42,352 | -€3,544 | -7.7% |
| Income taxes | 67/77 | €5,990 | €4,784 | -€1,205 | -20.1% |
| Profit (loss) for the period | 9904 | €39,906 | €37,568 | -€2,339 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,906 | €37,568 | -€2,339 | -5.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.