SMABIM: 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.
What changed
SMABIM
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€280,974
2024 · €498,972-€217,998
Equity
€2.6m
2024 · €2.3m+€280,974
Cash
€2.1m
2024 · €2.5m-€437,393
Balance sheet total
€3.4m
2024 · €3.8m-€447,368
Largest movements
Assets
- Cash -€437,393
down €437,393 (-17.3%), from €2.5m to €2.1m
mainly Trade debts (-€670,374) and Stocks and contracts (-€142,321)
- Stocks and contracts +€142,321
up €142,321 (+21.4%), from €666,434 to €808,755
- Receivables within one year -€99,531
down €99,531 (-34.8%), from €286,335 to €186,805
of which Trade receivables: -€110,447
- Tangible fixed assets -€71,148
down €71,148 (-28.7%), from €247,769 to €176,621
of which Plant, machinery and equipment: -€63,860
Equity and liabilities
- Trade debts -€670,374
down €670,374 (-55.5%), from €1.2m to €536,768
- Reserves +€195,765
up €195,765 (+25.2%), from €777,120 to €972,885
of which Tax-exempt reserves: +€153,665
- Profit (loss) carried forward +€85,209
up €85,209 (+5.9%), from €1.4m to €1.5m
Income statement
- Purchases and services -€524,810
down €524,810 (-4.2%), from €12.6m to €12.1m
- Turnover -€475,716
down €475,716 (-3.3%), from €14.2m to €13.8m
- Staff costs +€167,857
up €167,857 (+15.1%), from €1.1m to €1.3m
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.
Result 2024
€498,972
Gross operating margin
-€34,784
Staff costs
-€167,857
Depreciation
-€2,813
Other operating charges
-€12,281
Other operating items
+€3,100
Financial income
-€3,303
Financial charges
+€4,747
Taxes
-€4,808
Result 2025
€280,974
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€354,034
Investment
-€50,532
Financing
-€32,827
Cash 2024
€2.5m
From operations (derived)
-€354,034
Net result for the year
+€280,974
Depreciation
+€112,341
Stocks and contracts
-€142,321
Receivables within one year
+€99,531
Deferred charges and accrued income
-€9,044
Trade debts
-€670,374
Tax, wage and social debts
+€21,839
Other debts
-€10,000
Accrued charges and deferred income
-€36,981
Investment (derived)
-€50,532
Investment in fixed assets (net)
-€50,532
Financing
-€32,827
Debts after one year
-€33,361
Current portion of long-term debt
+€534
Cash 2025
€2.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,842,499 | €3,395,130 | -€447,368 | -11.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €269,876 | €208,067 | -€61,809 | -22.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €247,769 | €176,621 | -€71,148 | -28.7% |
| Land and buildings | 22 | €38,409 | €21,766 | -€16,643 | -43.3% |
| Plant, machinery and equipment | 23 | €182,649 | €118,790 | -€63,860 | -35.0% |
| Furniture and vehicles | 24 | €26,711 | €36,066 | +€9,355 | +35.0% |
| Financial fixed assets | 28 | €22,107 | €31,446 | +€9,339 | +42.2% |
| Current assets | 29/58 | €3,572,623 | €3,187,063 | -€385,560 | -10.8% |
| Stocks and contracts in progress | 3 | €666,434 | €808,755 | +€142,321 | +21.4% |
| Stocks | 30/36 | €666,434 | €808,755 | +€142,321 | +21.4% |
| Amounts receivable within one year | 40/41 | €286,335 | €186,805 | -€99,531 | -34.8% |
| Trade receivables | 40 | €243,714 | €133,267 | -€110,447 | -45.3% |
| Other amounts receivable | 41 | €42,621 | €53,538 | +€10,917 | +25.6% |
| Cash at bank and in hand | 54/58 | €2,522,492 | €2,085,099 | -€437,393 | -17.3% |
| Deferred charges and accrued income | 490/1 | €97,361 | €106,405 | +€9,044 | +9.3% |
| Total equity and liabilities | 10/49 | €3,842,499 | €3,395,130 | -€447,368 | -11.6% |
| Equity | 10/15 | €2,313,587 | €2,594,561 | +€280,974 | +12.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €777,120 | €972,885 | +€195,765 | +25.2% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €285,865 | €439,530 | +€153,665 | +53.8% |
| Distributable reserves | 133 | €481,255 | €523,355 | +€42,100 | +8.7% |
| Profit (loss) carried forward | 14 | €1,436,467 | €1,521,676 | +€85,209 | +5.9% |
| Amounts payable | 17/49 | €1,528,912 | €800,569 | -€728,343 | -47.6% |
| Amounts payable after more than one year | 17 | €56,853 | €23,492 | -€33,361 | -58.7% |
| Financial debts | 170/4 | €53,053 | €19,692 | -€33,361 | -62.9% |
| Other amounts payable | 178/9 | €3,800 | €3,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,417,059 | €759,058 | -€658,001 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €35,585 | €36,119 | +€534 | +1.5% |
| Trade debts | 44 | €1,207,141 | €536,768 | -€670,374 | -55.5% |
| Suppliers | 440/4 | €1,207,141 | €536,768 | -€670,374 | -55.5% |
| Taxes, remuneration and social security | 45 | €164,333 | €186,172 | +€21,839 | +13.3% |
| Taxes | 450/3 | €43,216 | €34,501 | -€8,714 | -20.2% |
| Remuneration and social security | 454/9 | €121,117 | €151,671 | +€30,553 | +25.2% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Accrued charges and deferred income | 492/3 | €55,000 | €18,019 | -€36,981 | -67.2% |
| Turnover | 70 | €14,237,093 | €13,761,377 | -€475,716 | -3.3% |
| Non-recurring operating income | 76A | - | €24,087 | +€24,087 | |
| Goods, raw materials, services and sundry goods | 60/61 | €12,629,692 | €12,104,882 | -€524,810 | -4.2% |
| Remuneration, social security and pensions | 62 | €1,112,428 | €1,280,285 | +€167,857 | +15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,529 | €112,341 | +€2,813 | +2.6% |
| Other operating charges | 640/8 | €71,171 | €83,452 | +€12,281 | +17.3% |
| Non-recurring operating charges | 66A | €3,500 | €400 | -€3,100 | -88.6% |
| Gross operating margin | 9900 | €1,962,595 | €1,927,811 | -€34,784 | -1.8% |
| Operating profit (loss) | 9901 | €665,967 | €451,333 | -€214,634 | -32.2% |
| Financial income | 75/76B | €31,625 | €28,322 | -€3,303 | -10.4% |
| Recurring financial income | 75 | €31,625 | €28,322 | -€3,303 | -10.4% |
| Financial charges | 65/66B | €100,265 | €95,518 | -€4,747 | -4.7% |
| Recurring financial charges | 65 | €72,426 | €82,482 | +€10,056 | +13.9% |
| Non-recurring financial charges | 66B | €27,839 | €13,036 | -€14,803 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €597,327 | €384,137 | -€213,189 | -35.7% |
| Income taxes | 67/77 | €98,354 | €103,163 | +€4,808 | +4.9% |
| Profit (loss) for the period | 9904 | €498,972 | €280,974 | -€217,998 | -43.7% |
| Transfer to tax-exempt reserves | 689 | €218,505 | €153,665 | -€64,840 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €280,467 | €127,309 | -€153,158 | -54.6% |
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 17 October 2026 via checked.be.