Smart Content: 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.
Smart Content
Largest movements
- Cash +€61,174
up €61,174 (+615.1%), from €9,946 to €71,120
mainly Net result for the year (+€48,504) and Receivables within one year (+€12,714)
- Receivables within one year -€12,714
down €12,714 (-53.2%), from €23,901 to €11,187
of which Other amounts receivable: -€15,062
- Tangible fixed assets -€3,285
down €3,285 (-44.0%), from €7,468 to €4,183
- Profit (loss) carried forward +€48,504
up €48,504 (+189.7%), from €25,575 to €74,079
- Trade debts -€8,572
down €8,572 (-47.4%), from €18,078 to €9,507
- Tax, wage and social debts +€5,140
up €5,140 (+4015.8%), from €128 to €5,268
- Gross operating margin +€108,518
up €108,518, from -€50,684 to €57,834
- Taxes +€5,140
up €5,140 (+4015.8%), from €128 to €5,268
- Other operating charges +€708
up €708 (+98.7%), from €717 to €1,426
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 | €44,781 | €89,854 | +€45,073 | +100.7% |
| Fixed assets | 21/28 | €10,918 | €7,548 | -€3,370 | -30.9% |
| Tangible fixed assets | 22/27 | €7,468 | €4,183 | -€3,285 | -44.0% |
| Furniture and vehicles | 24 | €7,468 | €4,183 | -€3,285 | -44.0% |
| Financial fixed assets | 28 | €3,450 | €3,365 | -€85 | -2.5% |
| Current assets | 29/58 | €33,863 | €82,307 | +€48,443 | +143.1% |
| Amounts receivable within one year | 40/41 | €23,901 | €11,187 | -€12,714 | -53.2% |
| Trade receivables | 40 | €750 | €3,099 | +€2,348 | +313.0% |
| Other amounts receivable | 41 | €23,150 | €8,088 | -€15,062 | -65.1% |
| Cash at bank and in hand | 54/58 | €9,946 | €71,120 | +€61,174 | +615.1% |
| Deferred charges and accrued income | 490/1 | €17 | - | -€17 | |
| Total equity and liabilities | 10/49 | €44,781 | €89,854 | +€45,073 | +100.7% |
| Equity | 10/15 | €26,575 | €75,079 | +€48,504 | +182.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,575 | €74,079 | +€48,504 | +189.7% |
| Amounts payable | 17/49 | €18,206 | €14,775 | -€3,432 | -18.8% |
| Amounts payable within one year | 42/48 | €18,206 | €14,775 | -€3,432 | -18.8% |
| Trade debts | 44 | €18,078 | €9,507 | -€8,572 | -47.4% |
| Suppliers | 440/4 | €18,078 | €9,507 | -€8,572 | -47.4% |
| Taxes, remuneration and social security | 45 | €128 | €5,268 | +€5,140 | +4015.8% |
| Taxes | 450/3 | €128 | €5,268 | +€5,140 | +4015.8% |
| Remuneration, social security and pensions | 62 | €164 | - | -€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,285 | €3,285 | = | 0.0% |
| Other operating charges | 640/8 | €717 | €1,426 | +€708 | +98.7% |
| Gross operating margin | 9900 | -€50,684 | €57,834 | +€108,518 | |
| Operating profit (loss) | 9901 | -€54,851 | €53,123 | +€107,974 | |
| Financial income | 75/76B | €660 | €722 | +€62 | +9.4% |
| Recurring financial income | 75 | €660 | €722 | +€62 | +9.4% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€54,258 | €53,773 | +€108,031 | |
| Income taxes | 67/77 | €128 | €5,268 | +€5,140 | +4015.8% |
| Profit (loss) for the period | 9904 | -€54,386 | €48,504 | +€102,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,386 | €48,504 | +€102,890 |
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 10 October 2026 via checked.be.