SMART HABITAT: 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 HABITAT
Largest movements
- Cash -€16,776
down €16,776 (-50.9%), from €32,956 to €16,180
mainly Net result for the year (-€17,454) and Debts after one year (-€10,906)
- Receivables within one year -€5,414
down €5,414 (-52.0%), from €10,414 to €5,000
of which Trade receivables: -€4,980
- Tangible fixed assets -€3,607
down €3,607 (-5.0%), from €71,874 to €68,267
of which Land and buildings: -€1,922
- Deferred charges and accrued income -€2,531
down €2,531 (-25.1%), from €10,065 to €7,534
- Profit (loss) carried forward -€17,454
down €17,454, from €4,334 to -€13,120
- Debts after one year -€10,906
down €10,906 (-19.3%), from €56,538 to €45,632
of which Financial debts: -€7,526
- Other debts -€6,462
down €6,462 (-86.6%), from €7,462 to €1,001
- Tax, wage and social debts +€5,377
up €5,377 (+27.9%), from €19,248 to €24,624
of which Remuneration and social security: +€6,228
- Advances received +€3,775
new in 2025: €3,775
- Gross operating margin -€35,333
down €35,333, from €28,370 to -€6,963
- Staff costs -€15,336
down €15,336 (-92.8%), from €16,534 to €1,198
- Depreciation -€2,779
down €2,779 (-45.6%), from €6,093 to €3,314
- Other operating charges +€1,184
up €1,184 (+49.8%), from €2,378 to €3,562
- Taxes -€693
down €693 (-72.4%), from €957 to €264
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 | €125,534 | €97,207 | -€28,327 | -22.6% |
| Fixed assets | 21/28 | €72,099 | €68,493 | -€3,607 | -5.0% |
| Tangible fixed assets | 22/27 | €71,874 | €68,267 | -€3,607 | -5.0% |
| Land and buildings | 22 | €67,739 | €65,817 | -€1,922 | -2.8% |
| Plant, machinery and equipment | 23 | €3,599 | €2,450 | -€1,149 | -31.9% |
| Furniture and vehicles | 24 | €536 | €0 | -€536 | -100% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €53,435 | €28,715 | -€24,721 | -46.3% |
| Amounts receivable within one year | 40/41 | €10,414 | €5,000 | -€5,414 | -52.0% |
| Trade receivables | 40 | €9,980 | €5,000 | -€4,980 | -49.9% |
| Other amounts receivable | 41 | €434 | €0 | -€434 | -100% |
| Cash at bank and in hand | 54/58 | €32,956 | €16,180 | -€16,776 | -50.9% |
| Deferred charges and accrued income | 490/1 | €10,065 | €7,534 | -€2,531 | -25.1% |
| Total equity and liabilities | 10/49 | €125,534 | €97,207 | -€28,327 | -22.6% |
| Equity | 10/15 | €18,500 | €1,046 | -€17,454 | -94.3% |
| Contributions | 10/11 | €13,200 | €13,200 | = | 0.0% |
| Reserves | 13 | €966 | €966 | = | 0.0% |
| Non-distributable reserves | 130/1 | €966 | €966 | = | 0.0% |
| Reserves not available under the articles | 1311 | €966 | €966 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,334 | -€13,120 | -€17,454 | |
| Amounts payable | 17/49 | €107,035 | €96,161 | -€10,873 | -10.2% |
| Amounts payable after more than one year | 17 | €56,538 | €45,632 | -€10,906 | -19.3% |
| Financial debts | 170/4 | €53,158 | €45,632 | -€7,526 | -14.2% |
| Other amounts payable | 178/9 | €3,380 | €0 | -€3,380 | -100% |
| Amounts payable within one year | 42/48 | €50,496 | €50,530 | +€33 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €7,342 | €7,526 | +€184 | +2.5% |
| Trade debts | 44 | €16,444 | €13,603 | -€2,841 | -17.3% |
| Suppliers | 440/4 | €16,444 | €13,603 | -€2,841 | -17.3% |
| Advances received on contracts in progress | 46 | - | €3,775 | +€3,775 | |
| Taxes, remuneration and social security | 45 | €19,248 | €24,624 | +€5,377 | +27.9% |
| Taxes | 450/3 | €14,675 | €13,824 | -€851 | -5.8% |
| Remuneration and social security | 454/9 | €4,572 | €10,800 | +€6,228 | +136% |
| Other amounts payable | 47/48 | €7,462 | €1,001 | -€6,462 | -86.6% |
| Remuneration, social security and pensions | 62 | €16,534 | €1,198 | -€15,336 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,093 | €3,314 | -€2,779 | -45.6% |
| Other operating charges | 640/8 | €2,378 | €3,562 | +€1,184 | +49.8% |
| Gross operating margin | 9900 | €28,370 | -€6,963 | -€35,333 | |
| Operating profit (loss) | 9901 | €3,366 | -€15,037 | -€18,403 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,394 | €2,153 | -€241 | -10.1% |
| Recurring financial charges | 65 | €2,394 | €2,153 | -€241 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €972 | -€17,190 | -€18,162 | |
| Income taxes | 67/77 | €957 | €264 | -€693 | -72.4% |
| Profit (loss) for the period | 9904 | €15 | -€17,454 | -€17,469 | |
| Profit (loss) for the period to be appropriated | 9905 | €15 | -€17,454 | -€17,469 |
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 19 October 2026 via checked.be.