S. SMARTPRO: 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.
S. SMARTPRO
Largest movements
- Stocks and contracts +€10,151
new in 2025: €10,151
- Receivables within one year +€8,245
up €8,245 (+3,800%), from €217 to €8,462
of which Trade receivables: +€4,241
- Cash -€1,321
down €1,321 (-5.3%), from €24,807 to €23,486
mainly Stocks and contracts (-€10,151) and Receivables within one year (-€8,245)
- Profit (loss) carried forward +€7,656
up €7,656 (+87.0%), from €8,805 to €16,461
- Other debts +€5,257
up €5,257 (+52.1%), from €10,082 to €15,339
- Contributions +€4,000
new in 2025: €4,000
- Tax, wage and social debts +€1,529
up €1,529 (+30.1%), from €5,084 to €6,613
of which Taxes: +€1,140
- Trade debts -€1,367
no longer reported in 2025 (was €1,367)
- Staff costs +€1,470
up €1,470 (+63.8%), from €2,305 to €3,775
- Taxes -€287
down €287 (-13.0%), from €2,201 to €1,914
- Gross operating margin +€159
up €159 (+1.2%), from €13,353 to €13,512
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 | €25,338 | €42,413 | +€17,075 | +67.4% |
| Fixed assets | 21/28 | €314 | €314 | = | 0.0% |
| Financial fixed assets | 28 | €314 | €314 | = | 0.0% |
| Current assets | 29/58 | €25,024 | €42,099 | +€17,075 | +68.2% |
| Stocks and contracts in progress | 3 | - | €10,151 | +€10,151 | |
| Stocks | 30/36 | - | €10,151 | +€10,151 | |
| Amounts receivable within one year | 40/41 | €217 | €8,462 | +€8,245 | +3,800% |
| Trade receivables | 40 | - | €4,241 | +€4,241 | |
| Other amounts receivable | 41 | €217 | €4,221 | +€4,004 | +1,845% |
| Cash at bank and in hand | 54/58 | €24,807 | €23,486 | -€1,321 | -5.3% |
| Total equity and liabilities | 10/49 | €25,338 | €42,413 | +€17,075 | +67.4% |
| Equity | 10/15 | €8,805 | €20,461 | +€11,656 | +132% |
| Contributions | 10/11 | - | €4,000 | +€4,000 | |
| Capital | 10 | - | €4,000 | +€4,000 | |
| Issued capital | 100 | - | €4,000 | +€4,000 | |
| Profit (loss) carried forward | 14 | €8,805 | €16,461 | +€7,656 | +87.0% |
| Amounts payable | 17/49 | €16,533 | €21,952 | +€5,419 | +32.8% |
| Amounts payable within one year | 42/48 | €16,533 | €21,952 | +€5,419 | +32.8% |
| Trade debts | 44 | €1,367 | - | -€1,367 | |
| Suppliers | 440/4 | €1,367 | - | -€1,367 | |
| Taxes, remuneration and social security | 45 | €5,084 | €6,613 | +€1,529 | +30.1% |
| Taxes | 450/3 | €4,475 | €5,615 | +€1,140 | +25.5% |
| Remuneration and social security | 454/9 | €609 | €998 | +€389 | +63.9% |
| Other amounts payable | 47/48 | €10,082 | €15,339 | +€5,257 | +52.1% |
| Remuneration, social security and pensions | 62 | €2,305 | €3,775 | +€1,470 | +63.8% |
| Gross operating margin | 9900 | €13,353 | €13,512 | +€159 | +1.2% |
| Operating profit (loss) | 9901 | €11,048 | €9,737 | -€1,311 | -11.9% |
| Financial charges | 65/66B | €42 | €167 | +€125 | +298% |
| Recurring financial charges | 65 | €42 | €167 | +€125 | +298% |
| Profit (loss) for the period before taxes | 9903 | €11,006 | €9,570 | -€1,436 | -13.0% |
| Income taxes | 67/77 | €2,201 | €1,914 | -€287 | -13.0% |
| Profit (loss) for the period | 9904 | €8,805 | €7,656 | -€1,149 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,805 | €7,656 | -€1,149 | -13.0% |
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 13 October 2026 via checked.be.