BRUSSELS SMART LIVING: 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.
BRUSSELS SMART LIVING
Largest movements
- Tangible fixed assets -€16,689
down €16,689 (-2.1%), from €794,391 to €777,703
of which Land and buildings: -€22,148
- Cash -€10,442
down €10,442 (-31.4%), from €33,288 to €22,846
mainly Debts after one year (-€21,869) and Investment in fixed assets (net) (-€6,958)
- Debts after one year -€21,869
down €21,869 (-5.3%), from €412,577 to €390,708
of which Financial debts: -€21,869
- Gross operating margin -€5,399
down €5,399 (-16.4%), from €32,955 to €27,556
- Depreciation +€699
up €699 (+3.0%), from €22,947 to €23,646
- Financial charges -€332
down €332 (-4.8%), from €6,912 to €6,580
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 | €827,888 | €800,549 | -€27,339 | -3.3% |
| Fixed assets | 21/28 | €794,391 | €777,703 | -€16,689 | -2.1% |
| Tangible fixed assets | 22/27 | €794,391 | €777,703 | -€16,689 | -2.1% |
| Land and buildings | 22 | €789,202 | €767,054 | -€22,148 | -2.8% |
| Plant, machinery and equipment | 23 | €1,179 | €7,274 | +€6,095 | +517% |
| Furniture and vehicles | 24 | €4,010 | €3,374 | -€636 | -15.9% |
| Current assets | 29/58 | €33,496 | €22,846 | -€10,650 | -31.8% |
| Amounts receivable within one year | 40/41 | €208 | - | -€208 | |
| Trade receivables | 40 | €208 | - | -€208 | |
| Cash at bank and in hand | 54/58 | €33,288 | €22,846 | -€10,442 | -31.4% |
| Total equity and liabilities | 10/49 | €827,888 | €800,549 | -€27,339 | -3.3% |
| Equity | 10/15 | €306,872 | €301,586 | -€5,286 | -1.7% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,128 | -€28,414 | -€5,286 | -22.9% |
| Amounts payable | 17/49 | €521,016 | €498,962 | -€22,053 | -4.2% |
| Amounts payable after more than one year | 17 | €412,577 | €390,708 | -€21,869 | -5.3% |
| Financial debts | 170/4 | €408,077 | €386,208 | -€21,869 | -5.4% |
| Other amounts payable | 178/9 | €4,500 | €4,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €105,932 | €106,338 | +€406 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €21,532 | €21,869 | +€337 | +1.6% |
| Trade debts | 44 | €8,400 | €8,469 | +€69 | +0.8% |
| Suppliers | 440/4 | €8,400 | €8,469 | +€69 | +0.8% |
| Other amounts payable | 47/48 | €76,000 | €76,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,506 | €1,916 | -€590 | -23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,947 | €23,646 | +€699 | +3.0% |
| Other operating charges | 640/8 | €2,594 | €2,615 | +€21 | +0.8% |
| Gross operating margin | 9900 | €32,955 | €27,556 | -€5,399 | -16.4% |
| Operating profit (loss) | 9901 | €7,414 | €1,295 | -€6,120 | -82.5% |
| Financial charges | 65/66B | €6,912 | €6,580 | -€332 | -4.8% |
| Recurring financial charges | 65 | €6,912 | €6,580 | -€332 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €502 | -€5,286 | -€5,788 | |
| Profit (loss) for the period | 9904 | €502 | -€5,286 | -€5,788 | |
| Profit (loss) for the period to be appropriated | 9905 | €502 | -€5,286 | -€5,788 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.