SMART-EXTRACT-ABASSI: 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-EXTRACT-ABASSI
Largest movements
- Cash -€247
down €247 (-84.8%), from €291 to €44
mainly Net result for the year (-€1,473) and Receivables within one year (-€36)
- Receivables within one year +€36
up €36 (+29.5%), from €122 to €158
- Profit (loss) carried forward -€1,473
down €1,473 (-3.2%), from -€46,212 to -€47,685
- Trade debts +€1,262
up €1,262 (+1584.5%), from €80 to €1,342
- Gross operating margin -€323
down €323 (-53.8%), from -€600 to -€923
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €513 | €302 | -€211 | -41.1% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €413 | €203 | -€211 | -51.0% |
| Amounts receivable within one year | 40/41 | €122 | €158 | +€36 | +29.5% |
| Other amounts receivable | 41 | €122 | €158 | +€36 | +29.5% |
| Cash at bank and in hand | 54/58 | €291 | €44 | -€247 | -84.8% |
| Total equity and liabilities | 10/49 | €513 | €302 | -€211 | -41.1% |
| Equity | 10/15 | -€27,612 | -€29,085 | -€1,473 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,212 | -€47,685 | -€1,473 | -3.2% |
| Amounts payable | 17/49 | €28,125 | €29,388 | +€1,262 | +4.5% |
| Amounts payable within one year | 42/48 | €28,125 | €29,388 | +€1,262 | +4.5% |
| Trade debts | 44 | €80 | €1,342 | +€1,262 | +1584.5% |
| Suppliers | 440/4 | €80 | €1,342 | +€1,262 | +1584.5% |
| Other amounts payable | 47/48 | €28,046 | €28,046 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€600 | -€923 | -€323 | -53.8% |
| Operating profit (loss) | 9901 | -€987 | -€1,322 | -€335 | -34.0% |
| Financial charges | 65/66B | €144 | €151 | +€7 | +5.1% |
| Recurring financial charges | 65 | €144 | €151 | +€7 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,131 | -€1,473 | -€343 | -30.3% |
| Profit (loss) for the period | 9904 | -€1,131 | -€1,473 | -€343 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,131 | -€1,473 | -€343 | -30.3% |
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 4 October 2026 via checked.be.