SMART CABLING SYSTEMS: 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 CABLING SYSTEMS
Largest movements
- Cash -€73,855
down €73,855 (-36.7%), from €201,402 to €127,547
mainly Other debts (-€106,267) and Investment in fixed assets (net) (-€6,525)
- Receivables within one year -€48,111
down €48,111 (-69.1%), from €69,667 to €21,555
of which Trade receivables: -€48,003
- Stocks and contracts +€4,959
up €4,959 (+10.7%), from €46,269 to €51,228
- Other debts -€106,267
down €106,267 (-43.7%), from €243,308 to €137,042
- Trade debts -€6,078
down €6,078 (-74.7%), from €8,141 to €2,062
- Gross operating margin +€9,351
up €9,351, from -€3,772 to €5,579
- Depreciation +€687
up €687 (+18.3%), from €3,759 to €4,446
- Financial charges +€207
up €207 (+11.6%), from €1,787 to €1,994
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 | €341,980 | €227,050 | -€114,930 | -33.6% |
| Fixed assets | 21/28 | €22,642 | €24,721 | +€2,079 | +9.2% |
| Tangible fixed assets | 22/27 | €22,642 | €24,721 | +€2,079 | +9.2% |
| Plant, machinery and equipment | 23 | €9,438 | €14,544 | +€5,106 | +54.1% |
| Furniture and vehicles | 24 | €13,204 | €10,177 | -€3,028 | -22.9% |
| Current assets | 29/58 | €319,338 | €202,329 | -€117,008 | -36.6% |
| Stocks and contracts in progress | 3 | €46,269 | €51,228 | +€4,959 | +10.7% |
| Stocks | 30/36 | €46,269 | €51,228 | +€4,959 | +10.7% |
| Amounts receivable within one year | 40/41 | €69,667 | €21,555 | -€48,111 | -69.1% |
| Trade receivables | 40 | €64,399 | €16,396 | -€48,003 | -74.5% |
| Other amounts receivable | 41 | €5,268 | €5,159 | -€109 | -2.1% |
| Cash at bank and in hand | 54/58 | €201,402 | €127,547 | -€73,855 | -36.7% |
| Deferred charges and accrued income | 490/1 | €2,000 | €2,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €341,980 | €227,050 | -€114,930 | -33.6% |
| Equity | 10/15 | €50,903 | €50,988 | +€85 | +0.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,424 | €3,424 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,424 | €3,424 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,424 | €3,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,278 | €41,364 | +€85 | +0.2% |
| Amounts payable | 17/49 | €291,077 | €176,062 | -€115,015 | -39.5% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €259,367 | €144,352 | -€115,015 | -44.3% |
| Trade debts | 44 | €8,141 | €2,062 | -€6,078 | -74.7% |
| Suppliers | 440/4 | €8,141 | €2,062 | -€6,078 | -74.7% |
| Taxes, remuneration and social security | 45 | €7,918 | €5,249 | -€2,669 | -33.7% |
| Taxes | 450/3 | €7,918 | €5,249 | -€2,669 | -33.7% |
| Other amounts payable | 47/48 | €243,308 | €137,042 | -€106,267 | -43.7% |
| Accrued charges and deferred income | 492/3 | €1,710 | €1,710 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,759 | €4,446 | +€687 | +18.3% |
| Other operating charges | 640/8 | €847 | €871 | +€24 | +2.8% |
| Gross operating margin | 9900 | -€3,772 | €5,579 | +€9,351 | |
| Operating profit (loss) | 9901 | -€8,378 | €262 | +€8,640 | |
| Financial income | 75/76B | €1,835 | €1,817 | -€17 | -0.9% |
| Recurring financial income | 75 | €1,835 | €1,817 | -€17 | -0.9% |
| Financial charges | 65/66B | €1,787 | €1,994 | +€207 | +11.6% |
| Recurring financial charges | 65 | €1,787 | €1,994 | +€207 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,330 | €85 | +€8,415 | |
| Profit (loss) for the period | 9904 | -€8,330 | €85 | +€8,415 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,330 | €85 | +€8,415 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.