SmarAcht: 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.
SmarAcht
Largest movements
- Cash -€7,483
down €7,483 (-99.7%), from €7,503 to €20
- Receivables within one year +€5,480
up €5,480 (+136%), from €4,020 to €9,500
of which Other amounts receivable: +€3,980
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€2,345
down €2,345 (-65.9%), from €3,560 to €1,215
- Depreciation -€2,072
down €2,072 (-100%), from €2,072 to €0
- Other operating charges -€256
down €256 (-18.2%), from €1,406 to €1,150
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €221,258 | €221,251 | -€6 | 0.0% |
| Current assets | 29/58 | €221,258 | €221,251 | -€6 | 0.0% |
| Stocks and contracts in progress | 3 | €209,734 | €211,731 | +€1,997 | +1.0% |
| Stocks | 30/36 | €209,734 | €211,731 | +€1,997 | +1.0% |
| Amounts receivable within one year | 40/41 | €4,020 | €9,500 | +€5,480 | +136% |
| Trade receivables | 40 | - | €1,500 | +€1,500 | |
| Other amounts receivable | 41 | €4,020 | €8,000 | +€3,980 | +99.0% |
| Cash at bank and in hand | 54/58 | €7,503 | €20 | -€7,483 | -99.7% |
| Total equity and liabilities | 10/49 | €221,258 | €221,251 | -€6 | 0.0% |
| Equity | 10/15 | €150,000 | €150,000 | = | 0.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable | 17/49 | €71,258 | €71,251 | -€6 | 0.0% |
| Amounts payable within one year | 42/48 | €71,258 | €71,251 | -€6 | 0.0% |
| Trade debts | 44 | €6 | €0 | -€6 | -100% |
| Suppliers | 440/4 | €6 | €0 | -€6 | -100% |
| Other amounts payable | 47/48 | €71,251 | €71,251 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,072 | €0 | -€2,072 | -100% |
| Other operating charges | 640/8 | €1,406 | €1,150 | -€256 | -18.2% |
| Gross operating margin | 9900 | €3,560 | €1,215 | -€2,345 | -65.9% |
| Operating profit (loss) | 9901 | €82 | €65 | -€17 | -21.0% |
| Financial charges | 65/66B | €82 | €65 | -€17 | -21.0% |
| Recurring financial charges | 65 | €82 | €65 | -€17 | -21.0% |
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 17 October 2026 via checked.be.