Van Snick: 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.
Van Snick
Largest movements
- Tangible fixed assets +€54,946
up €54,946 (+10.3%), from €531,558 to €586,504
of which Land and buildings: +€60,726
- Cash -€39,214
down €39,214 (-81.6%), from €48,078 to €8,864
mainly Investment in fixed assets (net) (-€63,744) and Debts after one year (-€21,119)
- Receivables within one year -€21,463
down €21,463 (-33.6%), from €63,791 to €42,328
of which Other amounts receivable: -€22,708
- Debts after one year -€21,119
down €21,119 (-3.8%), from €560,430 to €539,311
- Profit (loss) carried forward +€10,219
new in 2025: €10,219
- Current portion of long-term debt +€7,464
up €7,464 (+20.0%), from €37,325 to €44,789
- Depreciation -€6,559
down €6,559 (-46.5%), from €14,117 to €7,558
- Gross operating margin +€5,791
up €5,791 (+15.6%), from €37,041 to €42,833
- Financial income -€1,671
down €1,671 (-100.0%), from €1,671 to €0
- Taxes +€1,593
up €1,593 (+125.6%), from €1,268 to €2,861
- Financial charges +€847
up €847 (+4.5%), from €18,630 to €19,476
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 | €643,552 | €638,936 | -€4,616 | -0.7% |
| Fixed assets | 21/28 | €531,558 | €587,744 | +€56,186 | +10.6% |
| Tangible fixed assets | 22/27 | €531,558 | €586,504 | +€54,946 | +10.3% |
| Land and buildings | 22 | €520,566 | €581,292 | +€60,726 | +11.7% |
| Furniture and vehicles | 24 | €10,992 | €5,211 | -€5,780 | -52.6% |
| Financial fixed assets | 28 | - | €1,240 | +€1,240 | |
| Current assets | 29/58 | €111,994 | €51,192 | -€60,802 | -54.3% |
| Amounts receivable within one year | 40/41 | €63,791 | €42,328 | -€21,463 | -33.6% |
| Trade receivables | 40 | €17,037 | €18,282 | +€1,245 | +7.3% |
| Other amounts receivable | 41 | €46,754 | €24,046 | -€22,708 | -48.6% |
| Cash at bank and in hand | 54/58 | €48,078 | €8,864 | -€39,214 | -81.6% |
| Deferred charges and accrued income | 490/1 | €125 | €0 | -€125 | -100.0% |
| Total equity and liabilities | 10/49 | €643,552 | €638,936 | -€4,616 | -0.7% |
| Equity | 10/15 | €18,547 | €28,767 | +€10,219 | +55.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,547 | €17,547 | = | 0.0% |
| Distributable reserves | 133 | €17,547 | €17,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €10,219 | +€10,219 | |
| Amounts payable | 17/49 | €625,005 | €610,169 | -€14,836 | -2.4% |
| Amounts payable after more than one year | 17 | €560,430 | €539,311 | -€21,119 | -3.8% |
| Financial debts | 170/4 | €560,430 | €539,311 | -€21,119 | -3.8% |
| Amounts payable within one year | 42/48 | €63,971 | €70,858 | +€6,886 | +10.8% |
| Current portion of amounts payable after more than one year | 42 | €37,325 | €44,789 | +€7,464 | +20.0% |
| Trade debts | 44 | €22,273 | €21,914 | -€359 | -1.6% |
| Suppliers | 440/4 | €22,273 | €21,914 | -€359 | -1.6% |
| Taxes, remuneration and social security | 45 | €4,374 | €4,155 | -€219 | -5.0% |
| Taxes | 450/3 | €4,374 | €4,155 | -€219 | -5.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €603 | €0 | -€603 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,117 | €7,558 | -€6,559 | -46.5% |
| Other operating charges | 640/8 | €2,432 | €2,719 | +€286 | +11.8% |
| Gross operating margin | 9900 | €37,041 | €42,833 | +€5,791 | +15.6% |
| Operating profit (loss) | 9901 | €20,492 | €32,556 | +€12,064 | +58.9% |
| Financial income | 75/76B | €1,671 | €0 | -€1,671 | -100.0% |
| Recurring financial income | 75 | €1,671 | €0 | -€1,671 | -100.0% |
| Financial charges | 65/66B | €18,630 | €19,476 | +€847 | +4.5% |
| Recurring financial charges | 65 | €18,630 | €19,476 | +€847 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €3,534 | €13,080 | +€9,546 | +270.1% |
| Income taxes | 67/77 | €1,268 | €2,861 | +€1,593 | +125.6% |
| Profit (loss) for the period | 9904 | €2,266 | €10,219 | +€7,953 | +351.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,266 | €10,219 | +€7,953 | +351.0% |
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 1 October 2026 via checked.be.