SMART COMPTA: 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 COMPTA
Largest movements
- Intangible fixed assets +€114,052
new in 2025: €114,052
- Receivables within one year +€97,423
up €97,423 (+65.3%), from €149,197 to €246,620
of which Other amounts receivable: +€130,845
- Debts after one year +€93,736
new in 2025: €93,736
- Profit (loss) carried forward +€69,126
up €69,126 (+4648.5%), from €1,487 to €70,613
- Trade debts +€57,776
up €57,776 (+441.4%), from €13,090 to €70,866
- Tax, wage and social debts -€30,648
down €30,648 (-55.0%), from €55,760 to €25,111
of which Taxes: -€36,235
- Current portion of long-term debt +€30,401
new in 2025: €30,401
- Taxes -€31,287
down €31,287, from €16,287 to -€15,000
- Gross operating margin +€27,041
up €27,041 (+45.0%), from €60,025 to €87,066
- Depreciation +€17,448
new in 2025: €17,448
- Financial charges -€6,010
down €6,010 (-29.3%), from €20,524 to €14,514
- Financial income -€3,962
down €3,962 (-99.9%), from €3,967 to €5
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 | €156,330 | €374,227 | +€217,898 | +139.4% |
| Fixed assets | 21/28 | - | €117,143 | +€117,143 | |
| Intangible fixed assets | 21 | - | €114,052 | +€114,052 | |
| Tangible fixed assets | 22/27 | - | €1,991 | +€1,991 | |
| Furniture and vehicles | 24 | - | €1,991 | +€1,991 | |
| Financial fixed assets | 28 | - | €1,100 | +€1,100 | |
| Current assets | 29/58 | €156,330 | €257,084 | +€100,754 | +64.4% |
| Amounts receivable within one year | 40/41 | €149,197 | €246,620 | +€97,423 | +65.3% |
| Trade receivables | 40 | €85,595 | €52,173 | -€33,422 | -39.0% |
| Other amounts receivable | 41 | €63,602 | €194,446 | +€130,845 | +205.7% |
| Cash at bank and in hand | 54/58 | €16 | €3,348 | +€3,331 | +20500.0% |
| Deferred charges and accrued income | 490/1 | €7,117 | €7,117 | = | 0.0% |
| Total equity and liabilities | 10/49 | €156,330 | €374,227 | +€217,898 | +139.4% |
| Equity | 10/15 | €84,987 | €154,113 | +€69,126 | +81.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €79,500 | €79,500 | = | 0.0% |
| Distributable reserves | 133 | €79,500 | €79,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,487 | €70,613 | +€69,126 | +4648.5% |
| Amounts payable | 17/49 | €71,343 | €220,114 | +€148,771 | +208.5% |
| Amounts payable after more than one year | 17 | - | €93,736 | +€93,736 | |
| Financial debts | 170/4 | - | €93,736 | +€93,736 | |
| Amounts payable within one year | 42/48 | €71,343 | €126,378 | +€55,035 | +77.1% |
| Current portion of amounts payable after more than one year | 42 | - | €30,401 | +€30,401 | |
| Financial debts | 43 | €2,493 | - | -€2,493 | |
| Credit institutions | 430/8 | €2,493 | - | -€2,493 | |
| Trade debts | 44 | €13,090 | €70,866 | +€57,776 | +441.4% |
| Suppliers | 440/4 | €13,090 | €70,866 | +€57,776 | +441.4% |
| Taxes, remuneration and social security | 45 | €55,760 | €25,111 | -€30,648 | -55.0% |
| Taxes | 450/3 | €55,760 | €19,525 | -€36,235 | -65.0% |
| Remuneration and social security | 454/9 | - | €5,587 | +€5,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,448 | +€17,448 | |
| Other operating charges | 640/8 | €63 | €983 | +€920 | +1457.9% |
| Gross operating margin | 9900 | €60,025 | €87,066 | +€27,041 | +45.0% |
| Operating profit (loss) | 9901 | €59,962 | €68,636 | +€8,673 | +14.5% |
| Financial income | 75/76B | €3,967 | €5 | -€3,962 | -99.9% |
| Recurring financial income | 75 | €3,967 | €5 | -€3,962 | -99.9% |
| Financial charges | 65/66B | €20,524 | €14,514 | -€6,010 | -29.3% |
| Recurring financial charges | 65 | €20,524 | €14,514 | -€6,010 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €43,405 | €54,126 | +€10,721 | +24.7% |
| Income taxes | 67/77 | €16,287 | -€15,000 | -€31,287 | |
| Profit (loss) for the period | 9904 | €27,118 | €69,126 | +€42,008 | +154.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,118 | €69,126 | +€42,008 | +154.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.