SM SOINS: 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.
SM SOINS
Largest movements
- Tangible fixed assets -€15,254
down €15,254 (-30.6%), from €49,834 to €34,579
of which Furniture and vehicles: -€15,161
- Receivables within one year +€10,859
up €10,859 (+132%), from €8,240 to €19,098
of which Other amounts receivable: +€8,609
- Deferred charges and accrued income -€9,395
down €9,395 (-92.6%), from €10,150 to €755
- Cash +€7,999
up €7,999 (+48.7%), from €16,432 to €24,431
mainly Depreciation (+€15,254) and Net result for the year (+€13,082)
- Debts after one year -€13,395
down €13,395 (-41.5%), from €32,301 to €18,906
- Profit (loss) carried forward +€13,082
up €13,082 (+20.5%), from €63,905 to €76,987
- Tax, wage and social debts -€3,506
down €3,506 (-100%), from €3,506 to €0
- Other debts -€2,320
down €2,320 (-100%), from €2,320 to €0
- Gross operating margin -€6,798
down €6,798 (-15.4%), from €44,040 to €37,242
- Depreciation +€2,004
up €2,004 (+15.1%), from €13,251 to €15,254
- Taxes -€1,420
down €1,420 (-22.7%), from €6,265 to €4,846
- Other operating charges +€1,063
up €1,063 (+40.9%), from €2,600 to €3,663
- Financial charges -€529
down €529 (-19.9%), from €2,663 to €2,133
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 | €117,654 | €111,863 | -€5,791 | -4.9% |
| Fixed assets | 21/28 | €49,834 | €34,579 | -€15,254 | -30.6% |
| Tangible fixed assets | 22/27 | €49,834 | €34,579 | -€15,254 | -30.6% |
| Plant, machinery and equipment | 23 | €699 | €606 | -€93 | -13.3% |
| Furniture and vehicles | 24 | €49,135 | €33,974 | -€15,161 | -30.9% |
| Current assets | 29/58 | €67,821 | €77,284 | +€9,463 | +14.0% |
| Amounts receivable after more than one year | 29 | €33,000 | €33,000 | = | 0.0% |
| Other amounts receivable | 291 | €33,000 | €33,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,240 | €19,098 | +€10,859 | +132% |
| Trade receivables | 40 | - | €2,250 | +€2,250 | |
| Other amounts receivable | 41 | €8,240 | €16,848 | +€8,609 | +104% |
| Cash at bank and in hand | 54/58 | €16,432 | €24,431 | +€7,999 | +48.7% |
| Deferred charges and accrued income | 490/1 | €10,150 | €755 | -€9,395 | -92.6% |
| Total equity and liabilities | 10/49 | €117,654 | €111,863 | -€5,791 | -4.9% |
| Equity | 10/15 | €65,905 | €78,987 | +€13,082 | +19.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €63,905 | €76,987 | +€13,082 | +20.5% |
| Amounts payable | 17/49 | €51,749 | €32,876 | -€18,873 | -36.5% |
| Amounts payable after more than one year | 17 | €32,301 | €18,906 | -€13,395 | -41.5% |
| Financial debts | 170/4 | €32,301 | €18,906 | -€13,395 | -41.5% |
| Amounts payable within one year | 42/48 | €19,449 | €13,970 | -€5,478 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €12,758 | €13,395 | +€637 | +5.0% |
| Trade debts | 44 | €864 | €575 | -€289 | -33.4% |
| Suppliers | 440/4 | €864 | €575 | -€289 | -33.4% |
| Taxes, remuneration and social security | 45 | €3,506 | €0 | -€3,506 | -100% |
| Taxes | 450/3 | €3,506 | €0 | -€3,506 | -100% |
| Other amounts payable | 47/48 | €2,320 | €0 | -€2,320 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,251 | €15,254 | +€2,004 | +15.1% |
| Other operating charges | 640/8 | €2,600 | €3,663 | +€1,063 | +40.9% |
| Gross operating margin | 9900 | €44,040 | €37,242 | -€6,798 | -15.4% |
| Operating profit (loss) | 9901 | €28,189 | €18,324 | -€9,865 | -35.0% |
| Financial income | 75/76B | €1,736 | €1,737 | +€1 | 0.0% |
| Recurring financial income | 75 | €1,736 | €1,737 | +€1 | 0.0% |
| Financial charges | 65/66B | €2,663 | €2,133 | -€529 | -19.9% |
| Recurring financial charges | 65 | €2,663 | €2,133 | -€529 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €27,262 | €17,928 | -€9,335 | -34.2% |
| Income taxes | 67/77 | €6,265 | €4,846 | -€1,420 | -22.7% |
| Profit (loss) for the period | 9904 | €20,997 | €13,082 | -€7,915 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,997 | €13,082 | -€7,915 | -37.7% |
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 14 October 2026 via checked.be.