DE SMAAKMAKERS: 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.
DE SMAAKMAKERS
Largest movements
- Tangible fixed assets -€17,633
down €17,633 (-3.9%), from €457,546 to €439,913
- Receivables within one year +€15,999
up €15,999 (+125.8%), from €12,717 to €28,716
- Debts after one year +€13,786
up €13,786 (+4.3%), from €317,069 to €330,856
- Profit (loss) carried forward -€12,060
down €12,060 (-5.0%), from -€240,958 to -€253,018
- Gross operating margin +€3,190
up €3,190 (+66.0%), from €4,832 to €8,022
- Other operating charges -€3,172
down €3,172 (-66.3%), from €4,787 to €1,616
- Depreciation +€664
up €664 (+3.9%), from €16,969 to €17,633
- Financial charges -€211
down €211 (-20.2%), from €1,044 to €834
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 | €472,690 | €472,049 | -€641 | -0.1% |
| Fixed assets | 21/28 | €457,546 | €439,913 | -€17,633 | -3.9% |
| Tangible fixed assets | 22/27 | €457,546 | €439,913 | -€17,633 | -3.9% |
| Land and buildings | 22 | €457,546 | €439,913 | -€17,633 | -3.9% |
| Current assets | 29/58 | €15,144 | €32,136 | +€16,992 | +112.2% |
| Amounts receivable within one year | 40/41 | €12,717 | €28,716 | +€15,999 | +125.8% |
| Trade receivables | 40 | €12,717 | €28,716 | +€15,999 | +125.8% |
| Cash at bank and in hand | 54/58 | €912 | €132 | -€779 | -85.5% |
| Deferred charges and accrued income | 490/1 | €1,515 | €3,288 | +€1,773 | +117.0% |
| Total equity and liabilities | 10/49 | €472,690 | €472,049 | -€641 | -0.1% |
| Equity | 10/15 | €144,773 | €132,713 | -€12,060 | -8.3% |
| Contributions | 10/11 | €385,731 | €385,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,958 | -€253,018 | -€12,060 | -5.0% |
| Amounts payable | 17/49 | €327,917 | €339,336 | +€11,419 | +3.5% |
| Amounts payable after more than one year | 17 | €317,069 | €330,856 | +€13,786 | +4.3% |
| Financial debts | 170/4 | €317,069 | €330,856 | +€13,786 | +4.3% |
| Amounts payable within one year | 42/48 | €10,848 | €8,480 | -€2,367 | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €8,168 | €8,480 | +€313 | +3.8% |
| Trade debts | 44 | €2,680 | €0 | -€2,680 | -100.0% |
| Suppliers | 440/4 | €2,680 | €0 | -€2,680 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,969 | €17,633 | +€664 | +3.9% |
| Other operating charges | 640/8 | €4,787 | €1,616 | -€3,172 | -66.3% |
| Gross operating margin | 9900 | €4,832 | €8,022 | +€3,190 | +66.0% |
| Operating profit (loss) | 9901 | -€16,924 | -€11,226 | +€5,698 | +33.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,044 | €834 | -€211 | -20.2% |
| Recurring financial charges | 65 | €1,044 | €834 | -€211 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,968 | -€12,060 | +€5,909 | +32.9% |
| Profit (loss) for the period | 9904 | -€17,968 | -€12,060 | +€5,909 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,968 | -€12,060 | +€5,909 | +32.9% |
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 10 October 2026 via checked.be.