SMART LIVING PROJECTS: 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 LIVING PROJECTS
Largest movements
- Stocks and contracts +€254,076
new in 2025: €254,076
- Receivables within one year -€133,912
down €133,912 (-51.2%), from €261,596 to €127,685
of which Trade receivables: -€106,090
- Cash -€28,155
down €28,155 (-96.3%), from €29,244 to €1,090
mainly Stocks and contracts (-€254,076) and Net result for the year (-€7,062)
- Other debts +€74,500
up €74,500 (+167%), from €44,675 to €119,175
- Trade debts +€24,744
up €24,744 (+14.0%), from €177,111 to €201,855
- Profit (loss) carried forward -€7,062
down €7,062 (-18.1%), from -€38,997 to -€46,059
- Gross operating margin +€35,449
up €35,449 (+88.8%), from -€39,917 to -€4,468
- Other operating charges +€2,693
up €2,693 (+927%), from €291 to €2,984
- Financial income -€926
down €926 (-70.3%), from €1,317 to €390
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 | €290,841 | €382,851 | +€92,010 | +31.6% |
| Current assets | 29/58 | €290,841 | €382,851 | +€92,010 | +31.6% |
| Stocks and contracts in progress | 3 | - | €254,076 | +€254,076 | |
| Stocks | 30/36 | - | €254,076 | +€254,076 | |
| Amounts receivable within one year | 40/41 | €261,596 | €127,685 | -€133,912 | -51.2% |
| Trade receivables | 40 | €106,090 | €0 | -€106,090 | -100% |
| Other amounts receivable | 41 | €155,506 | €127,685 | -€27,822 | -17.9% |
| Cash at bank and in hand | 54/58 | €29,244 | €1,090 | -€28,155 | -96.3% |
| Total equity and liabilities | 10/49 | €290,841 | €382,851 | +€92,010 | +31.6% |
| Equity | 10/15 | €68,074 | €61,012 | -€7,062 | -10.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €86,611 | €86,611 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €86,611 | €86,611 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,997 | -€46,059 | -€7,062 | -18.1% |
| Amounts payable | 17/49 | €222,767 | €321,839 | +€99,072 | +44.5% |
| Amounts payable within one year | 42/48 | €222,268 | €321,839 | +€99,570 | +44.8% |
| Trade debts | 44 | €177,111 | €201,855 | +€24,744 | +14.0% |
| Suppliers | 440/4 | €177,111 | €201,855 | +€24,744 | +14.0% |
| Taxes, remuneration and social security | 45 | €482 | €808 | +€326 | +67.7% |
| Taxes | 450/3 | €482 | €808 | +€326 | +67.7% |
| Other amounts payable | 47/48 | €44,675 | €119,175 | +€74,500 | +167% |
| Accrued charges and deferred income | 492/3 | €498 | €0 | -€498 | -100% |
| Other operating charges | 640/8 | €291 | €2,984 | +€2,693 | +927% |
| Gross operating margin | 9900 | -€39,917 | -€4,468 | +€35,449 | +88.8% |
| Operating profit (loss) | 9901 | -€40,208 | -€7,452 | +€32,756 | +81.5% |
| Financial income | 75/76B | €1,317 | €390 | -€926 | -70.3% |
| Recurring financial income | 75 | €1,317 | €390 | -€926 | -70.3% |
| Financial charges | 65/66B | -€80 | €0 | +€80 | |
| Recurring financial charges | 65 | -€80 | €0 | +€80 | |
| Profit (loss) for the period before taxes | 9903 | -€38,811 | -€7,062 | +€31,749 | +81.8% |
| Income taxes | 67/77 | €186 | €0 | -€186 | -100% |
| Profit (loss) for the period | 9904 | -€38,997 | -€7,062 | +€31,935 | +81.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€38,997 | -€7,062 | +€31,935 | +81.9% |
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 31 October 2026 via checked.be.