THE SNAX: 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.
THE SNAX
Largest movements
- Receivables within one year +€15,351
up €15,351 (+22.4%), from €68,522 to €83,873
of which Other amounts receivable: +€7,702
- Tangible fixed assets -€8,676
down €8,676 (-10.9%), from €79,755 to €71,079
of which Other tangible fixed assets: -€14,026
- Cash +€6,467
up €6,467 (+364%), from €1,776 to €8,243
mainly Depreciation (+€29,437) and Debts after one year (+€13,250)
- Deferred charges and accrued income -€3,785
down €3,785 (-74.8%), from €5,063 to €1,278
- Trade debts -€29,063
down €29,063 (-76.4%), from €38,057 to €8,994
- Debts after one year +€13,250
up €13,250 (+619%), from €2,142 to €15,392
- Current portion of long-term debt +€10,956
new in 2025: €10,956
- Profit (loss) carried forward +€7,084
up €7,084 (+6.7%), from €105,008 to €112,092
- Tax, wage and social debts +€6,500
up €6,500 (+149%), from €4,349 to €10,849
of which Taxes: +€6,300
- Gross operating margin +€35,265
up €35,265 (+330%), from €10,695 to €45,960
- Other operating charges +€7,727
up €7,727 (+680%), from €1,137 to €8,864
- Taxes +€7,706
up €7,706, from -€6,200 to €1,506
- Financial charges +€5,211
up €5,211, from -€2,736 to €2,475
- Financial income +€3,395
up €3,395 (+34,398%), from €10 to €3,405
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 | €157,616 | €166,973 | +€9,356 | +5.9% |
| Fixed assets | 21/28 | €79,755 | €71,079 | -€8,676 | -10.9% |
| Tangible fixed assets | 22/27 | €79,755 | €71,079 | -€8,676 | -10.9% |
| Plant, machinery and equipment | 23 | €10,303 | €16,602 | +€6,299 | +61.1% |
| Furniture and vehicles | 24 | €29,886 | €28,937 | -€949 | -3.2% |
| Other tangible fixed assets | 26 | €39,566 | €25,540 | -€14,026 | -35.4% |
| Current assets | 29/58 | €77,861 | €95,894 | +€18,033 | +23.2% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,522 | €83,873 | +€15,351 | +22.4% |
| Trade receivables | 40 | €4,365 | €12,013 | +€7,649 | +175% |
| Other amounts receivable | 41 | €64,157 | €71,859 | +€7,702 | +12.0% |
| Cash at bank and in hand | 54/58 | €1,776 | €8,243 | +€6,467 | +364% |
| Deferred charges and accrued income | 490/1 | €5,063 | €1,278 | -€3,785 | -74.8% |
| Total equity and liabilities | 10/49 | €157,616 | €166,973 | +€9,356 | +5.9% |
| Equity | 10/15 | €113,068 | €120,152 | +€7,084 | +6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,008 | €112,092 | +€7,084 | +6.7% |
| Amounts payable | 17/49 | €44,548 | €46,820 | +€2,272 | +5.1% |
| Amounts payable after more than one year | 17 | €2,142 | €15,392 | +€13,250 | +619% |
| Financial debts | 170/4 | €2,142 | €15,392 | +€13,250 | +619% |
| Amounts payable within one year | 42/48 | €42,406 | €30,799 | -€11,608 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,956 | +€10,956 | |
| Trade debts | 44 | €38,057 | €8,994 | -€29,063 | -76.4% |
| Suppliers | 440/4 | €38,057 | €8,994 | -€29,063 | -76.4% |
| Taxes, remuneration and social security | 45 | €4,349 | €10,849 | +€6,500 | +149% |
| Taxes | 450/3 | €4,349 | €10,649 | +€6,300 | +145% |
| Remuneration and social security | 454/9 | - | €200 | +€200 | |
| Accrued charges and deferred income | 492/3 | - | €630 | +€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,764 | €29,437 | +€673 | +2.3% |
| Other operating charges | 640/8 | €1,137 | €8,864 | +€7,727 | +680% |
| Gross operating margin | 9900 | €10,695 | €45,960 | +€35,265 | +330% |
| Operating profit (loss) | 9901 | -€19,206 | €7,660 | +€26,866 | |
| Financial income | 75/76B | €10 | €3,405 | +€3,395 | +34,398% |
| Recurring financial income | 75 | €10 | €3,405 | +€3,395 | +34,398% |
| Financial charges | 65/66B | -€2,736 | €2,475 | +€5,211 | |
| Recurring financial charges | 65 | -€2,736 | €2,475 | +€5,211 | |
| Profit (loss) for the period before taxes | 9903 | -€16,460 | €8,590 | +€25,050 | |
| Income taxes | 67/77 | -€6,200 | €1,506 | +€7,706 | |
| Profit (loss) for the period | 9904 | -€10,260 | €7,084 | +€17,344 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,260 | €7,084 | +€17,344 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.