SMART BUILDING SOLUTIONS ENGINEERING: what changed
Two fiscal 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.
SMART BUILDING SOLUTIONS ENGINEERING
Largest movements
- Receivables within one year +€71,071
up €71,071 (+212.2%), from €33,493 to €104,564
of which Trade receivables: +€69,886
- Cash -€66,417
down €66,417 (-50.1%), from €132,488 to €66,070
mainly Receivables within one year (-€71,071) and Debts after one year (-€28,637)
- Tangible fixed assets -€37,979
down €37,979 (-15.4%), from €247,081 to €209,102
of which Land and buildings: -€19,464
- Debts after one year -€28,637
down €28,637 (-15.5%), from €184,716 to €156,079
- Reserves +€20,100
up €20,100 (+12.4%), from €161,755 to €181,855
- Trade debts -€15,302
no longer reported in 2025 (was €15,302)
- Tax, wage and social debts -€10,605
down €10,605 (-66.0%), from €16,058 to €5,453
- Depreciation -€20,691
down €20,691 (-35.3%), from €58,670 to €37,979
- Taxes +€5,819
up €5,819 (+211.6%), from €2,750 to €8,569
- Gross operating margin -€2,057
down €2,057 (-2.3%), from €89,491 to €87,434
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.
Cash bridge derived
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 | €423,312 | €389,996 | -€33,316 | -7.9% |
| Fixed assets | 21/28 | €253,248 | €215,268 | -€37,979 | -15.0% |
| Tangible fixed assets | 22/27 | €247,081 | €209,102 | -€37,979 | -15.4% |
| Land and buildings | 22 | €150,718 | €131,254 | -€19,464 | -12.9% |
| Plant, machinery and equipment | 23 | €50,994 | €44,173 | -€6,821 | -13.4% |
| Furniture and vehicles | 24 | €45,369 | €33,675 | -€11,694 | -25.8% |
| Financial fixed assets | 28 | €6,167 | €6,167 | = | 0.0% |
| Current assets | 29/58 | €170,065 | €174,728 | +€4,663 | +2.7% |
| Amounts receivable within one year | 40/41 | €33,493 | €104,564 | +€71,071 | +212.2% |
| Trade receivables | 40 | €29,926 | €99,813 | +€69,886 | +233.5% |
| Other amounts receivable | 41 | €3,567 | €4,752 | +€1,185 | +33.2% |
| Cash at bank and in hand | 54/58 | €132,488 | €66,070 | -€66,417 | -50.1% |
| Deferred charges and accrued income | 490/1 | €4,084 | €4,093 | +€9 | +0.2% |
| Total equity and liabilities | 10/49 | €423,312 | €389,996 | -€33,316 | -7.9% |
| Equity | 10/15 | €171,414 | €191,605 | +€20,191 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €161,755 | €181,855 | +€20,100 | +12.4% |
| Distributable reserves | 133 | €161,755 | €181,855 | +€20,100 | +12.4% |
| Profit (loss) carried forward | 14 | €3,459 | €3,550 | +€91 | +2.6% |
| Amounts payable | 17/49 | €251,898 | €198,391 | -€53,507 | -21.2% |
| Amounts payable after more than one year | 17 | €184,716 | €156,079 | -€28,637 | -15.5% |
| Financial debts | 170/4 | €184,716 | €156,079 | -€28,637 | -15.5% |
| Amounts payable within one year | 42/48 | €64,297 | €39,793 | -€24,504 | -38.1% |
| Current portion of amounts payable after more than one year | 42 | €27,437 | €28,637 | +€1,200 | +4.4% |
| Trade debts | 44 | €15,302 | - | -€15,302 | |
| Suppliers | 440/4 | €15,302 | - | -€15,302 | |
| Taxes, remuneration and social security | 45 | €16,058 | €5,453 | -€10,605 | -66.0% |
| Taxes | 450/3 | €16,058 | €5,453 | -€10,605 | -66.0% |
| Other amounts payable | 47/48 | €5,500 | €5,704 | +€204 | +3.7% |
| Accrued charges and deferred income | 492/3 | €2,885 | €2,519 | -€366 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,670 | €37,979 | -€20,691 | -35.3% |
| Other operating charges | 640/8 | €6,469 | €6,031 | -€438 | -6.8% |
| Gross operating margin | 9900 | €89,491 | €87,434 | -€2,057 | -2.3% |
| Operating profit (loss) | 9901 | €24,352 | €43,424 | +€19,072 | +78.3% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €10,044 | €9,164 | -€880 | -8.8% |
| Recurring financial charges | 65 | €10,044 | €9,164 | -€880 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €14,316 | €34,260 | +€19,944 | +139.3% |
| Income taxes | 67/77 | €2,750 | €8,569 | +€5,819 | +211.6% |
| Profit (loss) for the period | 9904 | €11,566 | €25,691 | +€14,125 | +122.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,566 | €25,691 | +€14,125 | +122.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.