Anke Smets Consulting: 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.
Anke Smets Consulting
Largest movements
- Cash +€19,821
up €19,821 (+69.2%), from €28,655 to €48,476
mainly Net result for the year (+€18,620) and Depreciation (+€2,639)
- Tangible fixed assets -€2,639
down €2,639 (-19.6%), from €13,496 to €10,857
of which Furniture and vehicles: -€2,432
- Receivables within one year -€1,094
down €1,094 (-4.6%), from €23,762 to €22,668
of which Trade receivables: -€12,630
- Reserves +€16,954
up €16,954 (+44.6%), from €37,986 to €54,940
- Tax, wage and social debts -€3,605
down €3,605 (-62.1%), from €5,805 to €2,200
of which Taxes: -€3,610
- Short-term financial debts +€1,997
new in 2025: €1,997
- Other debts +€973
up €973 (+505%), from €193 to €1,166
- Gross operating margin -€13,193
down €13,193 (-25.6%), from €51,568 to €38,375
- Other operating charges +€6,972
up €6,972 (+4,202%), from €166 to €7,138
- Taxes -€5,523
down €5,523 (-41.9%), from €13,165 to €7,643
- Depreciation +€857
up €857 (+48.1%), from €1,782 to €2,639
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 | €66,465 | €82,557 | +€16,091 | +24.2% |
| Fixed assets | 21/28 | €13,496 | €10,857 | -€2,639 | -19.6% |
| Tangible fixed assets | 22/27 | €13,496 | €10,857 | -€2,639 | -19.6% |
| Plant, machinery and equipment | 23 | €2,039 | €1,832 | -€207 | -10.2% |
| Furniture and vehicles | 24 | €11,456 | €9,025 | -€2,432 | -21.2% |
| Current assets | 29/58 | €52,970 | €71,700 | +€18,730 | +35.4% |
| Amounts receivable within one year | 40/41 | €23,762 | €22,668 | -€1,094 | -4.6% |
| Trade receivables | 40 | €22,666 | €10,035 | -€12,630 | -55.7% |
| Other amounts receivable | 41 | €1,096 | €12,633 | +€11,536 | +1,052% |
| Cash at bank and in hand | 54/58 | €28,655 | €48,476 | +€19,821 | +69.2% |
| Deferred charges and accrued income | 490/1 | €552 | €556 | +€3 | +0.6% |
| Total equity and liabilities | 10/49 | €66,465 | €82,557 | +€16,091 | +24.2% |
| Equity | 10/15 | €57,986 | €74,940 | +€16,954 | +29.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €37,986 | €54,940 | +€16,954 | +44.6% |
| Distributable reserves | 133 | €37,986 | €54,940 | +€16,954 | +44.6% |
| Amounts payable | 17/49 | €8,479 | €7,616 | -€863 | -10.2% |
| Amounts payable within one year | 42/48 | €8,479 | €7,616 | -€863 | -10.2% |
| Financial debts | 43 | - | €1,997 | +€1,997 | |
| Credit institutions | 430/8 | - | €1,997 | +€1,997 | |
| Trade debts | 44 | €2,481 | €2,254 | -€227 | -9.2% |
| Suppliers | 440/4 | €2,481 | €2,254 | -€227 | -9.2% |
| Taxes, remuneration and social security | 45 | €5,805 | €2,200 | -€3,605 | -62.1% |
| Taxes | 450/3 | €5,805 | €2,195 | -€3,610 | -62.2% |
| Remuneration and social security | 454/9 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | €193 | €1,166 | +€973 | +505% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,782 | €2,639 | +€857 | +48.1% |
| Other operating charges | 640/8 | €166 | €7,138 | +€6,972 | +4,202% |
| Gross operating margin | 9900 | €51,568 | €38,375 | -€13,193 | -25.6% |
| Operating profit (loss) | 9901 | €49,620 | €28,599 | -€21,021 | -42.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €2,409 | €2,336 | -€73 | -3.0% |
| Recurring financial charges | 65 | €2,409 | €2,336 | -€73 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €47,211 | €26,263 | -€20,948 | -44.4% |
| Income taxes | 67/77 | €13,165 | €7,643 | -€5,523 | -41.9% |
| Profit (loss) for the period | 9904 | €34,045 | €18,620 | -€15,425 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,045 | €18,620 | -€15,425 | -45.3% |
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.