SMART IDEA: 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 IDEA
Largest movements
- Receivables within one year -€7,895
down €7,895 (-44.9%), from €17,599 to €9,704
of which Trade receivables: -€6,564
- Tangible fixed assets -€3,745
down €3,745 (-25.0%), from €14,978 to €11,233
- Trade debts -€9,004
no longer reported in 2025 (was €9,004)
- Profit (loss) carried forward -€1,947
down €1,947 (-24.8%), from €7,860 to €5,913
- Other debts -€1,419
down €1,419 (-21.6%), from €6,559 to €5,140
- Tax, wage and social debts +€642
up €642 (+54.3%), from €1,182 to €1,824
- Gross operating margin +€8,623
up €8,623 (+1,969%), from €438 to €9,061
- Financial charges +€6,008
up €6,008 (+478%), from €1,256 to €7,264
of which Non-recurring financial charges: +€7,264
- Other operating charges -€1,266
no longer reported in 2025 (was €1,266)
- Depreciation -€789
down €789 (-17.4%), from €4,533 to €3,744
- Taxes -€183
no longer reported in 2025 (was €183)
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,665 | €20,937 | -€11,728 | -35.9% |
| Fixed assets | 21/28 | €14,978 | €11,233 | -€3,745 | -25.0% |
| Tangible fixed assets | 22/27 | €14,978 | €11,233 | -€3,745 | -25.0% |
| Furniture and vehicles | 24 | €14,978 | €11,233 | -€3,745 | -25.0% |
| Current assets | 29/58 | €17,687 | €9,704 | -€7,983 | -45.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €17,599 | €9,704 | -€7,895 | -44.9% |
| Trade receivables | 40 | €16,268 | €9,704 | -€6,564 | -40.3% |
| Other amounts receivable | 41 | €1,331 | - | -€1,331 | |
| Cash at bank and in hand | 54/58 | €88 | - | -€88 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €32,665 | €20,937 | -€11,728 | -35.9% |
| Equity | 10/15 | €15,920 | €13,973 | -€1,947 | -12.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €7,860 | €5,913 | -€1,947 | -24.8% |
| Amounts payable | 17/49 | €16,746 | €6,964 | -€9,782 | -58.4% |
| Amounts payable within one year | 42/48 | €16,746 | €6,964 | -€9,782 | -58.4% |
| Trade debts | 44 | €9,004 | - | -€9,004 | |
| Suppliers | 440/4 | €9,004 | - | -€9,004 | |
| Taxes, remuneration and social security | 45 | €1,182 | €1,824 | +€642 | +54.3% |
| Taxes | 450/3 | €1,182 | €1,824 | +€642 | +54.3% |
| Other amounts payable | 47/48 | €6,559 | €5,140 | -€1,419 | -21.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,533 | €3,744 | -€789 | -17.4% |
| Other operating charges | 640/8 | €1,266 | - | -€1,266 | |
| Gross operating margin | 9900 | €438 | €9,061 | +€8,623 | +1,969% |
| Operating profit (loss) | 9901 | -€5,361 | €5,317 | +€10,678 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,256 | €7,264 | +€6,008 | +478% |
| Recurring financial charges | 65 | €1,256 | €7,264 | +€6,008 | +478% |
| Non-recurring financial charges | 66B | - | €7,264 | +€7,264 | |
| Profit (loss) for the period before taxes | 9903 | -€6,617 | -€1,947 | +€4,670 | +70.6% |
| Income taxes | 67/77 | €183 | - | -€183 | |
| Profit (loss) for the period | 9904 | -€6,800 | -€1,947 | +€4,853 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,800 | -€1,947 | +€4,853 | +71.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.