Smart Logic Systems: 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 Logic Systems
Largest movements
- Receivables within one year +€7,295
up €7,295 (+1279.3%), from €570 to €7,865
of which Trade receivables: +€5,187
- Cash -€3,880
down €3,880 (-62.1%), from €6,250 to €2,370
- Tangible fixed assets -€997
down €997 (-100.0%), from €997 to €0
- Trade debts +€5,001
up €5,001 (+613.1%), from €816 to €5,817
- Profit (loss) carried forward -€2,584
down €2,584 (-70.4%), from €3,672 to €1,088
- Gross operating margin +€2,426
up €2,426 (+93.9%), from -€2,585 to -€158
- Other operating charges +€800
new in 2025: €800
- Depreciation -€314
down €314 (-47.9%), from €656 to €341
From the 2023 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
A cash bridge needs two consecutive fiscal 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 | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,818 | €10,235 | +€2,417 | +30.9% |
| Fixed assets | 21/28 | €997 | €0 | -€997 | -100.0% |
| Tangible fixed assets | 22/27 | €997 | €0 | -€997 | -100.0% |
| Furniture and vehicles | 24 | €997 | €0 | -€997 | -100.0% |
| Current assets | 29/58 | €6,821 | €10,235 | +€3,414 | +50.1% |
| Amounts receivable within one year | 40/41 | €570 | €7,865 | +€7,295 | +1279.3% |
| Trade receivables | 40 | €570 | €5,757 | +€5,187 | +909.7% |
| Other amounts receivable | 41 | - | €2,108 | +€2,108 | |
| Cash at bank and in hand | 54/58 | €6,250 | €2,370 | -€3,880 | -62.1% |
| Total equity and liabilities | 10/49 | €7,818 | €10,235 | +€2,417 | +30.9% |
| Equity | 10/15 | €6,172 | €3,588 | -€2,584 | -41.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | - | -€2,500 | |
| Issued capital | 100 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €3,672 | €1,088 | -€2,584 | -70.4% |
| Amounts payable | 17/49 | €1,646 | €6,647 | +€5,001 | +303.9% |
| Amounts payable within one year | 42/48 | €1,646 | €6,647 | +€5,001 | +303.9% |
| Trade debts | 44 | €816 | €5,817 | +€5,001 | +613.1% |
| Suppliers | 440/4 | €816 | €5,817 | +€5,001 | +613.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €830 | €830 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €656 | €341 | -€314 | -47.9% |
| Other operating charges | 640/8 | - | €800 | +€800 | |
| Gross operating margin | 9900 | -€2,585 | -€158 | +€2,426 | +93.9% |
| Operating profit (loss) | 9901 | -€3,240 | -€1,300 | +€1,941 | +59.9% |
| Financial charges | 65/66B | €103 | €96 | -€8 | -7.7% |
| Recurring financial charges | 65 | €103 | €96 | -€8 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,344 | -€1,395 | +€1,949 | +58.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,344 | -€1,395 | +€1,949 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,344 | -€1,395 | +€1,949 | +58.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.