WH SNELWEG LOGISTIC: what changed
WH SNELWEG LOGISTIC
Largest movements
- Receivables within one year +€190,747
up €190,747 (+68.4%), from €278,756 to €469,503
of which Trade receivables: +€113,399
- Cash +€19,243
up €19,243 (+37.7%), from €51,032 to €70,274
mainly Trade debts (+€248,550) and Advances received (+€64,280)
- Trade debts +€248,550
up €248,550 (+4,976%), from €4,995 to €253,545
- Reserves -€67,436
down €67,436 (-29.8%), from €225,960 to €158,524
- Advances received +€64,280
new in 2025: €64,280
- Tax, wage and social debts -€35,783
down €35,783 (-37.9%), from €94,377 to €58,593
- Gross operating margin -€307,479
down €307,479, from €240,819 to -€66,661
- Taxes -€59,087
no longer reported in 2025 (was €59,087)
- Other operating charges +€3,121
up €3,121 (+204%), from €1,534 to €4,655
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,531 | €541,142 | +€209,611 | +63.2% |
| Fixed assets | 21/28 | €1,743 | €1,365 | -€378 | -21.7% |
| Tangible fixed assets | 22/27 | €1,743 | €1,365 | -€378 | -21.7% |
| Plant, machinery and equipment | 23 | €1,743 | €1,365 | -€378 | -21.7% |
| Current assets | 29/58 | €329,788 | €539,777 | +€209,989 | +63.7% |
| Amounts receivable within one year | 40/41 | €278,756 | €469,503 | +€190,747 | +68.4% |
| Trade receivables | 40 | €198,974 | €312,373 | +€113,399 | +57.0% |
| Other amounts receivable | 41 | €79,782 | €157,130 | +€77,348 | +96.9% |
| Cash at bank and in hand | 54/58 | €51,032 | €70,274 | +€19,243 | +37.7% |
| Total equity and liabilities | 10/49 | €331,531 | €541,142 | +€209,611 | +63.2% |
| Equity | 10/15 | €232,160 | €164,724 | -€67,436 | -29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €225,960 | €158,524 | -€67,436 | -29.8% |
| Distributable reserves | 133 | €225,960 | €158,524 | -€67,436 | -29.8% |
| Amounts payable | 17/49 | €99,372 | €376,418 | +€277,047 | +279% |
| Amounts payable within one year | 42/48 | €99,372 | €376,418 | +€277,047 | +279% |
| Trade debts | 44 | €4,995 | €253,545 | +€248,550 | +4,976% |
| Suppliers | 440/4 | €4,995 | €253,545 | +€248,550 | +4,976% |
| Advances received on contracts in progress | 46 | - | €64,280 | +€64,280 | |
| Taxes, remuneration and social security | 45 | €94,377 | €58,593 | -€35,783 | -37.9% |
| Taxes | 450/3 | €94,377 | €58,593 | -€35,783 | -37.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148 | €378 | +€230 | +155% |
| Other operating charges | 640/8 | €1,534 | €4,655 | +€3,121 | +204% |
| Gross operating margin | 9900 | €240,819 | -€66,661 | -€307,479 | |
| Operating profit (loss) | 9901 | €239,137 | -€71,694 | -€310,831 | |
| Financial income | 75/76B | €2,418 | €4,694 | +€2,275 | +94.1% |
| Recurring financial income | 75 | €2,418 | €4,694 | +€2,275 | +94.1% |
| Financial charges | 65/66B | €130 | €436 | +€305 | +234% |
| Recurring financial charges | 65 | €130 | €436 | +€305 | +234% |
| Profit (loss) for the period before taxes | 9903 | €241,425 | -€67,436 | -€308,861 | |
| Income taxes | 67/77 | €59,087 | - | -€59,087 | |
| Profit (loss) for the period | 9904 | €182,338 | -€67,436 | -€249,774 | |
| Profit (loss) for the period to be appropriated | 9905 | €182,338 | -€67,436 | -€249,774 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.