SMARCHITEC: 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.
SMARCHITEC
Largest movements
- Receivables after one year +€34,698
new in 2025: €34,698
- Receivables within one year -€11,716
down €11,716 (-57.1%), from €20,532 to €8,817
- Intangible fixed assets +€10,000
new in 2025: €10,000
- Cash +€4,027
up €4,027 (+225%), from €1,793 to €5,820
mainly Net result for the year (+€50,139) and Trade debts (+€16,015)
- Profit (loss) carried forward +€19,239
up €19,239 (+78.5%), from -€24,510 to -€5,271
- Trade debts +€16,015
up €16,015 (+224%), from €7,137 to €23,152
- Tax, wage and social debts +€1,156
up €1,156 (+62.0%), from €1,864 to €3,020
of which Taxes: +€1,156
- Gross operating margin +€42,757
up €42,757 (+463%), from €9,243 to €52,000
- Write-downs -€2,745
no longer reported in 2025 (was €2,745)
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 | €23,701 | €60,711 | +€37,010 | +156% |
| Fixed assets | 21/28 | €1,375 | €11,375 | +€10,000 | +727% |
| Intangible fixed assets | 21 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | €1,375 | €1,375 | = | 0.0% |
| Current assets | 29/58 | €22,326 | €49,336 | +€27,010 | +121% |
| Amounts receivable after more than one year | 29 | - | €34,698 | +€34,698 | |
| Other amounts receivable | 291 | - | €34,698 | +€34,698 | |
| Amounts receivable within one year | 40/41 | €20,532 | €8,817 | -€11,716 | -57.1% |
| Other amounts receivable | 41 | €20,532 | €8,817 | -€11,716 | -57.1% |
| Cash at bank and in hand | 54/58 | €1,793 | €5,820 | +€4,027 | +225% |
| Total equity and liabilities | 10/49 | €23,701 | €60,711 | +€37,010 | +156% |
| Equity | 10/15 | €14,700 | €33,939 | +€19,239 | +131% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,510 | -€5,271 | +€19,239 | +78.5% |
| Amounts payable | 17/49 | €9,001 | €26,772 | +€17,771 | +197% |
| Amounts payable within one year | 42/48 | €9,001 | €26,772 | +€17,771 | +197% |
| Trade debts | 44 | €7,137 | €23,152 | +€16,015 | +224% |
| Suppliers | 440/4 | €7,137 | €23,152 | +€16,015 | +224% |
| Taxes, remuneration and social security | 45 | €1,864 | €3,020 | +€1,156 | +62.0% |
| Taxes | 450/3 | €1,268 | €2,424 | +€1,156 | +91.2% |
| Remuneration and social security | 454/9 | €596 | €596 | = | 0.0% |
| Other amounts payable | 47/48 | - | €600 | +€600 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,745 | - | -€2,745 | |
| Other operating charges | 640/8 | €154 | €461 | +€307 | +199% |
| Non-recurring operating charges | 66A | €219,251 | - | -€219,251 | |
| Gross operating margin | 9900 | €9,243 | €52,000 | +€42,757 | +463% |
| Operating profit (loss) | 9901 | -€212,907 | €51,539 | +€264,446 | |
| Financial income | 75/76B | €0 | €9 | +€9 | +42,550% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +42,550% |
| Financial charges | 65/66B | €1,552 | €1,409 | -€143 | -9.2% |
| Recurring financial charges | 65 | €1,552 | €1,409 | -€143 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€214,458 | €50,139 | +€264,597 | |
| Profit (loss) for the period | 9904 | -€214,458 | €50,139 | +€264,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€214,458 | €50,139 | +€264,597 |
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 30 October 2026 via checked.be.