SMART LABO: 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 LABO
Largest movements
- Cash +€12,345
up €12,345 (+305%), from €4,042 to €16,387
mainly Stocks and contracts (+€12,300) and Net result for the year (+€4,108)
- Stocks and contracts -€12,300
down €12,300 (-32.6%), from €37,683 to €25,383
- Receivables within one year -€1,350
down €1,350 (-3.5%), from €38,766 to €37,416
of which Trade receivables: -€1,836
- Tax, wage and social debts -€6,793
down €6,793 (-53.5%), from €12,699 to €5,906
- Profit (loss) carried forward +€4,108
up €4,108 (+8.6%), from €47,644 to €51,752
- Trade debts +€1,381
up €1,381 (+116%), from €1,191 to €2,571
- Gross operating margin +€6,652
up €6,652, from -€3,613 to €3,039
- Taxes +€1,123
new in 2025: €1,123
- Financial income +€997
up €997 (+50.8%), from €1,963 to €2,960
- Other operating charges +€343
up €343 (+106%), from €323 to €666
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 | €80,491 | €79,186 | -€1,305 | -1.6% |
| Current assets | 29/58 | €80,491 | €79,186 | -€1,305 | -1.6% |
| Stocks and contracts in progress | 3 | €37,683 | €25,383 | -€12,300 | -32.6% |
| Stocks | 30/36 | €37,683 | €25,383 | -€12,300 | -32.6% |
| Amounts receivable within one year | 40/41 | €38,766 | €37,416 | -€1,350 | -3.5% |
| Trade receivables | 40 | €1,836 | - | -€1,836 | |
| Other amounts receivable | 41 | €36,930 | €37,416 | +€487 | +1.3% |
| Cash at bank and in hand | 54/58 | €4,042 | €16,387 | +€12,345 | +305% |
| Total equity and liabilities | 10/49 | €80,491 | €79,186 | -€1,305 | -1.6% |
| Equity | 10/15 | €66,601 | €70,709 | +€4,108 | +6.2% |
| Contributions | 10/11 | €18,603 | €18,603 | = | 0.0% |
| Reserves | 13 | €354 | €354 | = | 0.0% |
| Non-distributable reserves | 130/1 | €354 | €354 | = | 0.0% |
| Reserves not available under the articles | 1311 | €354 | €354 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,644 | €51,752 | +€4,108 | +8.6% |
| Amounts payable | 17/49 | €13,890 | €8,477 | -€5,413 | -39.0% |
| Amounts payable within one year | 42/48 | €13,890 | €8,477 | -€5,413 | -39.0% |
| Trade debts | 44 | €1,191 | €2,571 | +€1,381 | +116% |
| Suppliers | 440/4 | €1,191 | €2,571 | +€1,381 | +116% |
| Taxes, remuneration and social security | 45 | €12,699 | €5,906 | -€6,793 | -53.5% |
| Taxes | 450/3 | €12,699 | €5,906 | -€6,793 | -53.5% |
| Other operating charges | 640/8 | €323 | €666 | +€343 | +106% |
| Gross operating margin | 9900 | -€3,613 | €3,039 | +€6,652 | |
| Operating profit (loss) | 9901 | -€3,936 | €2,374 | +€6,310 | |
| Financial income | 75/76B | €1,963 | €2,960 | +€997 | +50.8% |
| Recurring financial income | 75 | €1,963 | €2,960 | +€997 | +50.8% |
| Financial charges | 65/66B | €131 | €103 | -€28 | -21.6% |
| Recurring financial charges | 65 | €131 | €103 | -€28 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,104 | €5,231 | +€7,335 | |
| Income taxes | 67/77 | - | €1,123 | +€1,123 | |
| Profit (loss) for the period | 9904 | -€2,104 | €4,108 | +€6,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,104 | €4,108 | +€6,212 |
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 29 October 2026 via checked.be.