SMART GO SOLUTIONS: 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 GO SOLUTIONS
Largest movements
- Cash +€34,347
up €34,347 (+1,939%), from €1,772 to €36,118
mainly Net result for the year (+€44,092) and Tax, wage and social debts (+€14,869)
- Deferred charges and accrued income -€13,522
no longer reported in 2025 (was €13,522)
- Receivables within one year +€9,456
up €9,456 (+73.4%), from €12,876 to €22,332
of which Other amounts receivable: +€9,305
- Receivables after one year -€8,109
down €8,109 (-24.0%), from €33,839 to €25,730
- Tangible fixed assets -€6,172
down €6,172 (-40.9%), from €15,088 to €8,916
- Profit (loss) carried forward +€26,445
up €26,445 (+818%), from €3,233 to €29,678
- Tax, wage and social debts +€14,869
up €14,869 (+54.6%), from €27,229 to €42,098
of which Taxes: +€18,323
- Trade debts -€8,891
down €8,891 (-62.4%), from €14,247 to €5,355
- Debts after one year -€8,265
down €8,265 (-74.8%), from €11,056 to €2,792
- Current portion of long-term debt -€8,157
down €8,157 (-49.7%), from €16,422 to €8,265
- Gross operating margin +€39,039
up €39,039 (+43.3%), from €90,244 to €129,283
- Taxes +€14,437
up €14,437 (+338%), from €4,274 to €18,711
- Depreciation -€9,989
down €9,989 (-61.8%), from €16,160 to €6,172
- Staff costs -€9,867
down €9,867 (-14.9%), from €66,395 to €56,528
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.
Derived cash bridge
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 | €77,271 | €93,272 | +€16,001 | +20.7% |
| Fixed assets | 21/28 | €15,263 | €9,091 | -€6,172 | -40.4% |
| Tangible fixed assets | 22/27 | €15,088 | €8,916 | -€6,172 | -40.9% |
| Furniture and vehicles | 24 | €15,088 | €8,916 | -€6,172 | -40.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €62,008 | €84,180 | +€22,172 | +35.8% |
| Amounts receivable after more than one year | 29 | €33,839 | €25,730 | -€8,109 | -24.0% |
| Other amounts receivable | 291 | €33,839 | €25,730 | -€8,109 | -24.0% |
| Amounts receivable within one year | 40/41 | €12,876 | €22,332 | +€9,456 | +73.4% |
| Trade receivables | 40 | - | €151 | +€151 | |
| Other amounts receivable | 41 | €12,876 | €22,181 | +€9,305 | +72.3% |
| Cash at bank and in hand | 54/58 | €1,772 | €36,118 | +€34,347 | +1,939% |
| Deferred charges and accrued income | 490/1 | €13,522 | - | -€13,522 | |
| Total equity and liabilities | 10/49 | €77,271 | €93,272 | +€16,001 | +20.7% |
| Equity | 10/15 | €8,233 | €34,678 | +€26,445 | +321% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,233 | €29,678 | +€26,445 | +818% |
| Amounts payable | 17/49 | €69,038 | €58,594 | -€10,445 | -15.1% |
| Amounts payable after more than one year | 17 | €11,056 | €2,792 | -€8,265 | -74.8% |
| Financial debts | 170/4 | €11,056 | €2,792 | -€8,265 | -74.8% |
| Amounts payable within one year | 42/48 | €57,982 | €55,802 | -€2,180 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €16,422 | €8,265 | -€8,157 | -49.7% |
| Trade debts | 44 | €14,247 | €5,355 | -€8,891 | -62.4% |
| Suppliers | 440/4 | €14,247 | €5,355 | -€8,891 | -62.4% |
| Taxes, remuneration and social security | 45 | €27,229 | €42,098 | +€14,869 | +54.6% |
| Taxes | 450/3 | €18,418 | €36,741 | +€18,323 | +99.5% |
| Remuneration and social security | 454/9 | €8,812 | €5,357 | -€3,455 | -39.2% |
| Other amounts payable | 47/48 | €84 | €84 | = | 0.0% |
| Non-recurring operating income | 76A | - | €781 | +€781 | |
| Remuneration, social security and pensions | 62 | €66,395 | €56,528 | -€9,867 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,160 | €6,172 | -€9,989 | -61.8% |
| Other operating charges | 640/8 | €511 | €159 | -€352 | -68.9% |
| Non-recurring operating charges | 66A | €1,027 | €2,233 | +€1,206 | +117% |
| Gross operating margin | 9900 | €90,244 | €129,283 | +€39,039 | +43.3% |
| Operating profit (loss) | 9901 | €6,150 | €64,192 | +€58,041 | +944% |
| Financial income | 75/76B | €1,065 | €842 | -€223 | -20.9% |
| Recurring financial income | 75 | €1,065 | €842 | -€223 | -20.9% |
| Financial charges | 65/66B | €1,982 | €2,230 | +€248 | +12.5% |
| Recurring financial charges | 65 | €1,849 | €2,049 | +€200 | +10.8% |
| Non-recurring financial charges | 66B | €133 | €181 | +€48 | +36.2% |
| Profit (loss) for the period before taxes | 9903 | €5,233 | €62,803 | +€57,570 | +1,100% |
| Income taxes | 67/77 | €4,274 | €18,711 | +€14,437 | +338% |
| Profit (loss) for the period | 9904 | €959 | €44,092 | +€43,133 | +4,497% |
| Profit (loss) for the period to be appropriated | 9905 | €959 | €44,092 | +€43,133 | +4,497% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.