A.SMART KITCHEN: 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.
A.SMART KITCHEN
Largest movements
- Receivables within one year -€8,122
down €8,122 (-31.5%), from €25,750 to €17,628
of which Trade receivables: -€9,664
- Cash -€6,851
down €6,851 (-21.4%), from €32,041 to €25,190
mainly Tax, wage and social debts (-€33,867) and Net result for the year (-€14,370)
- Tangible fixed assets -€4,132
down €4,132 (-28.8%), from €14,345 to €10,213
of which Furniture and vehicles: -€3,279
- Other debts +€36,501
up €36,501 (+123,397%), from €30 to €36,530
- Tax, wage and social debts -€33,867
down €33,867 (-97.2%), from €34,859 to €992
of which Remuneration and social security: -€34,347
- Reserves -€14,370
down €14,370 (-80.3%), from €17,887 to €3,517
of which Distributable reserves: -€14,370
- Trade debts -€7,369
down €7,369 (-56.0%), from €13,161 to €5,792
- Gross operating margin +€1,342
up €1,342 (+12.6%), from -€10,621 to -€9,279
- Depreciation +€389
up €389 (+9.0%), from €4,348 to €4,737
- Other operating charges -€196
down €196 (-24.2%), from €809 to €613
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 | €72,136 | €53,031 | -€19,105 | -26.5% |
| Fixed assets | 21/28 | €14,345 | €10,213 | -€4,132 | -28.8% |
| Tangible fixed assets | 22/27 | €14,345 | €10,213 | -€4,132 | -28.8% |
| Land and buildings | 22 | €1,311 | €1,081 | -€230 | -17.5% |
| Plant, machinery and equipment | 23 | €3,252 | €2,629 | -€624 | -19.2% |
| Furniture and vehicles | 24 | €9,781 | €6,503 | -€3,279 | -33.5% |
| Current assets | 29/58 | €57,791 | €42,818 | -€14,973 | -25.9% |
| Amounts receivable within one year | 40/41 | €25,750 | €17,628 | -€8,122 | -31.5% |
| Trade receivables | 40 | €24,826 | €15,163 | -€9,664 | -38.9% |
| Other amounts receivable | 41 | €924 | €2,466 | +€1,542 | +167% |
| Cash at bank and in hand | 54/58 | €32,041 | €25,190 | -€6,851 | -21.4% |
| Total equity and liabilities | 10/49 | €72,136 | €53,031 | -€19,105 | -26.5% |
| Equity | 10/15 | €24,087 | €9,717 | -€14,370 | -59.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,887 | €3,517 | -€14,370 | -80.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,027 | €1,657 | -€14,370 | -89.7% |
| Amounts payable | 17/49 | €48,050 | €43,314 | -€4,735 | -9.9% |
| Amounts payable within one year | 42/48 | €48,050 | €43,314 | -€4,735 | -9.9% |
| Trade debts | 44 | €13,161 | €5,792 | -€7,369 | -56.0% |
| Suppliers | 440/4 | €13,161 | €5,792 | -€7,369 | -56.0% |
| Taxes, remuneration and social security | 45 | €34,859 | €992 | -€33,867 | -97.2% |
| Taxes | 450/3 | €512 | €992 | +€480 | +93.7% |
| Remuneration and social security | 454/9 | €34,347 | - | -€34,347 | |
| Other amounts payable | 47/48 | €30 | €36,530 | +€36,501 | +123,397% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,348 | €4,737 | +€389 | +9.0% |
| Other operating charges | 640/8 | €809 | €613 | -€196 | -24.2% |
| Gross operating margin | 9900 | -€10,621 | -€9,279 | +€1,342 | +12.6% |
| Operating profit (loss) | 9901 | -€15,778 | -€14,630 | +€1,148 | +7.3% |
| Financial income | 75/76B | €374 | €452 | +€77 | +20.7% |
| Recurring financial income | 75 | €374 | €452 | +€77 | +20.7% |
| Financial charges | 65/66B | €49 | €47 | -€2 | -3.5% |
| Recurring financial charges | 65 | €49 | €47 | -€2 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,452 | -€14,225 | +€1,227 | +7.9% |
| Income taxes | 67/77 | €115 | €146 | +€30 | +26.2% |
| Profit (loss) for the period | 9904 | -€15,567 | -€14,370 | +€1,197 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,567 | -€14,370 | +€1,197 | +7.7% |
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.