SSNV: 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.
SSNV
Largest movements
- Financial fixed assets +€42,750
up €42,750 (+38.9%), from €110,000 to €152,750
- Receivables within one year -€35,140
down €35,140 (-40.3%), from €87,220 to €52,080
- Reserves +€62,300
up €62,300 (+171%), from €36,400 to €98,700
- Debts after one year -€43,500
down €43,500 (-72.4%), from €60,050 to €16,550
- Tax, wage and social debts -€15,893
down €15,893 (-36.9%), from €43,016 to €27,122
of which Taxes: -€13,893
- Other debts +€14,374
up €14,374 (+140%), from €10,291 to €24,665
- Trade debts -€7,925
down €7,925 (-85.8%), from €9,233 to €1,308
- Financial income +€143,888
new in 2025: €143,888
- Financial charges +€101,384
up €101,384 (+2,282%), from €4,443 to €105,827
- Write-downs -€36,000
new in 2025: -€36,000
- Other operating charges +€33,529
up €33,529 (+1,075%), from €3,118 to €36,647
- Taxes +€11,983
up €11,983 (+149%), from €8,048 to €20,031
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.
Derived cash bridge
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 | €209,843 | €215,503 | +€5,660 | +2.7% |
| Fixed assets | 21/28 | €111,707 | €155,586 | +€43,879 | +39.3% |
| Tangible fixed assets | 22/27 | €1,707 | €2,836 | +€1,129 | +66.2% |
| Plant, machinery and equipment | 23 | - | €1,134 | +€1,134 | |
| Furniture and vehicles | 24 | €1,707 | €1,703 | -€4 | -0.2% |
| Financial fixed assets | 28 | €110,000 | €152,750 | +€42,750 | +38.9% |
| Current assets | 29/58 | €98,136 | €59,917 | -€38,220 | -38.9% |
| Amounts receivable within one year | 40/41 | €87,220 | €52,080 | -€35,140 | -40.3% |
| Trade receivables | 40 | €87,220 | €52,080 | -€35,140 | -40.3% |
| Cash at bank and in hand | 54/58 | €7,898 | €6,022 | -€1,876 | -23.8% |
| Deferred charges and accrued income | 490/1 | €3,018 | €1,815 | -€1,204 | -39.9% |
| Total equity and liabilities | 10/49 | €209,843 | €215,503 | +€5,660 | +2.7% |
| Equity | 10/15 | €80,425 | €142,798 | +€62,373 | +77.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €36,400 | €98,700 | +€62,300 | +171% |
| Distributable reserves | 133 | €36,400 | €98,700 | +€62,300 | +171% |
| Profit (loss) carried forward | 14 | €42,025 | €42,098 | +€73 | +0.2% |
| Amounts payable | 17/49 | €129,419 | €72,706 | -€56,713 | -43.8% |
| Amounts payable after more than one year | 17 | €60,050 | €16,550 | -€43,500 | -72.4% |
| Financial debts | 170/4 | €60,050 | €16,550 | -€43,500 | -72.4% |
| Amounts payable within one year | 42/48 | €62,540 | €53,096 | -€9,445 | -15.1% |
| Trade debts | 44 | €9,233 | €1,308 | -€7,925 | -85.8% |
| Suppliers | 440/4 | €9,233 | €1,308 | -€7,925 | -85.8% |
| Taxes, remuneration and social security | 45 | €43,016 | €27,122 | -€15,893 | -36.9% |
| Taxes | 450/3 | €41,016 | €27,122 | -€13,893 | -33.9% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €10,291 | €24,665 | +€14,374 | +140% |
| Accrued charges and deferred income | 492/3 | €6,828 | €3,060 | -€3,768 | -55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | €811 | +€180 | +28.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€36,000 | -€36,000 | |
| Other operating charges | 640/8 | €3,118 | €36,647 | +€33,529 | +1,075% |
| Gross operating margin | 9900 | €38,854 | €45,801 | +€6,947 | +17.9% |
| Operating profit (loss) | 9901 | €35,105 | €44,343 | +€9,238 | +26.3% |
| Financial income | 75/76B | - | €143,888 | +€143,888 | |
| Recurring financial income | 75 | - | €143,888 | +€143,888 | |
| Financial charges | 65/66B | €4,443 | €105,827 | +€101,384 | +2,282% |
| Recurring financial charges | 65 | €4,443 | €105,827 | +€101,384 | +2,282% |
| Profit (loss) for the period before taxes | 9903 | €30,661 | €82,403 | +€51,742 | +169% |
| Income taxes | 67/77 | €8,048 | €20,031 | +€11,983 | +149% |
| Profit (loss) for the period | 9904 | €22,613 | €62,373 | +€39,759 | +176% |
| Profit (loss) for the period to be appropriated | 9905 | €22,613 | €62,373 | +€39,759 | +176% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.