Smart Home Services: 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 Home Services
Largest movements
- Receivables after one year +€49,315
new in 2025: €49,315
- Cash -€26,524
down €26,524 (-80.5%), from €32,933 to €6,409
mainly Receivables after one year (-€49,315) and Tax, wage and social debts (-€12,968)
- Receivables within one year -€21,654
down €21,654 (-30.0%), from €72,209 to €50,555
of which Trade receivables: -€24,950
- Deferred charges and accrued income -€2,142
down €2,142 (-43.3%), from €4,952 to €2,810
- Profit (loss) carried forward +€17,721
up €17,721 (+22.2%), from €79,772 to €97,494
- Tax, wage and social debts -€12,968
down €12,968 (-65.1%), from €19,915 to €6,947
- Trade debts -€4,130
down €4,130 (-84.5%), from €4,887 to €757
- Gross operating margin -€81,078
down €81,078 (-77.1%), from €105,131 to €24,053
- Taxes -€16,102
down €16,102 (-73.8%), from €21,824 to €5,722
- Financial income +€1,338
up €1,338 (+5449.6%), from €25 to €1,363
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 | €110,902 | €110,197 | -€705 | -0.6% |
| Fixed assets | 21/28 | €808 | €1,109 | +€301 | +37.2% |
| Tangible fixed assets | 22/27 | €808 | €1,109 | +€301 | +37.2% |
| Plant, machinery and equipment | 23 | €808 | €1,109 | +€301 | +37.2% |
| Current assets | 29/58 | €110,094 | €109,088 | -€1,006 | -0.9% |
| Amounts receivable after more than one year | 29 | - | €49,315 | +€49,315 | |
| Other amounts receivable | 291 | - | €49,315 | +€49,315 | |
| Amounts receivable within one year | 40/41 | €72,209 | €50,555 | -€21,654 | -30.0% |
| Trade receivables | 40 | €69,225 | €44,275 | -€24,950 | -36.0% |
| Other amounts receivable | 41 | €2,985 | €6,280 | +€3,295 | +110.4% |
| Cash at bank and in hand | 54/58 | €32,933 | €6,409 | -€26,524 | -80.5% |
| Deferred charges and accrued income | 490/1 | €4,952 | €2,810 | -€2,142 | -43.3% |
| Total equity and liabilities | 10/49 | €110,902 | €110,197 | -€705 | -0.6% |
| Equity | 10/15 | €84,772 | €102,494 | +€17,721 | +20.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,772 | €97,494 | +€17,721 | +22.2% |
| Amounts payable | 17/49 | €26,130 | €7,704 | -€18,426 | -70.5% |
| Amounts payable within one year | 42/48 | €25,661 | €7,704 | -€17,957 | -70.0% |
| Trade debts | 44 | €4,887 | €757 | -€4,130 | -84.5% |
| Suppliers | 440/4 | €4,887 | €757 | -€4,130 | -84.5% |
| Taxes, remuneration and social security | 45 | €19,915 | €6,947 | -€12,968 | -65.1% |
| Taxes | 450/3 | €19,915 | €6,947 | -€12,968 | -65.1% |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100.0% |
| Accrued charges and deferred income | 492/3 | €469 | €0 | -€469 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €645 | +€24 | +3.8% |
| Other operating charges | 640/8 | €1,628 | €794 | -€834 | -51.2% |
| Gross operating margin | 9900 | €105,131 | €24,053 | -€81,078 | -77.1% |
| Operating profit (loss) | 9901 | €102,883 | €22,615 | -€80,268 | -78.0% |
| Financial income | 75/76B | €25 | €1,363 | +€1,338 | +5449.6% |
| Recurring financial income | 75 | €25 | €1,363 | +€1,338 | +5449.6% |
| Financial charges | 65/66B | €452 | €534 | +€82 | +18.2% |
| Recurring financial charges | 65 | €452 | €534 | +€82 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €102,455 | €23,443 | -€79,012 | -77.1% |
| Income taxes | 67/77 | €21,824 | €5,722 | -€16,102 | -73.8% |
| Profit (loss) for the period | 9904 | €80,631 | €17,721 | -€62,910 | -78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,631 | €17,721 | -€62,910 | -78.0% |
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.