Smart 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 Services
Largest movements
- Deferred charges and accrued income +€28,847
up €28,847 (+6114.5%), from €472 to €29,319
- Receivables within one year -€19,398
down €19,398 (-88.5%), from €21,912 to €2,514
of which Trade receivables: -€18,010
- Tangible fixed assets +€5,267
up €5,267 (+210.2%), from €2,506 to €7,773
of which Furniture and vehicles: +€3,651
- Tax, wage and social debts -€40,596
down €40,596 (-87.1%), from €46,624 to €6,028
of which Taxes: -€21,739
- Profit (loss) carried forward +€30,750
up €30,750, from -€1,905 to €28,845
- Trade debts +€24,229
up €24,229 (+329.0%), from €7,365 to €31,595
- Other debts +€941
up €941, from €0 to €941
- Staff costs -€164,943
down €164,943 (-99.9%), from €165,187 to €244
- Gross operating margin -€112,612
down €112,612 (-74.0%), from €152,206 to €39,593
- Taxes +€4,858
up €4,858 (+1159.0%), from €419 to €5,278
- Financial charges -€2,558
down €2,558 (-91.5%), from €2,796 to €237
- Depreciation -€2,280
down €2,280 (-49.3%), from €4,628 to €2,348
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 | €72,831 | €87,709 | +€14,877 | +20.4% |
| Fixed assets | 21/28 | €3,843 | €8,731 | +€4,887 | +127.2% |
| Intangible fixed assets | 21 | €1,338 | €958 | -€380 | -28.4% |
| Tangible fixed assets | 22/27 | €2,506 | €7,773 | +€5,267 | +210.2% |
| Furniture and vehicles | 24 | €664 | €4,315 | +€3,651 | +550.3% |
| Other tangible fixed assets | 26 | €1,842 | €3,458 | +€1,616 | +87.7% |
| Current assets | 29/58 | €68,988 | €78,978 | +€9,990 | +14.5% |
| Amounts receivable within one year | 40/41 | €21,912 | €2,514 | -€19,398 | -88.5% |
| Trade receivables | 40 | €19,022 | €1,011 | -€18,010 | -94.7% |
| Other amounts receivable | 41 | €2,890 | €1,503 | -€1,387 | -48.0% |
| Cash at bank and in hand | 54/58 | €46,604 | €47,145 | +€541 | +1.2% |
| Deferred charges and accrued income | 490/1 | €472 | €29,319 | +€28,847 | +6114.5% |
| Total equity and liabilities | 10/49 | €72,831 | €87,709 | +€14,877 | +20.4% |
| Equity | 10/15 | €16,645 | €47,395 | +€30,750 | +184.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,905 | €28,845 | +€30,750 | |
| Amounts payable | 17/49 | €56,186 | €40,313 | -€15,873 | -28.2% |
| Amounts payable within one year | 42/48 | €53,990 | €38,563 | -€15,426 | -28.6% |
| Trade debts | 44 | €7,365 | €31,595 | +€24,229 | +329.0% |
| Suppliers | 440/4 | €7,365 | €31,595 | +€24,229 | +329.0% |
| Taxes, remuneration and social security | 45 | €46,624 | €6,028 | -€40,596 | -87.1% |
| Taxes | 450/3 | €27,767 | €6,028 | -€21,739 | -78.3% |
| Remuneration and social security | 454/9 | €18,857 | €0 | -€18,857 | -100.0% |
| Other amounts payable | 47/48 | €0 | €941 | +€941 | |
| Accrued charges and deferred income | 492/3 | €2,196 | €1,750 | -€446 | -20.3% |
| Non-recurring operating income | 76A | €7,440 | €80,133 | +€72,693 | +977.0% |
| Remuneration, social security and pensions | 62 | €165,187 | €244 | -€164,943 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,628 | €2,348 | -€2,280 | -49.3% |
| Other operating charges | 640/8 | €1,629 | €734 | -€895 | -54.9% |
| Non-recurring operating charges | 66A | - | €2 | +€2 | |
| Gross operating margin | 9900 | €152,206 | €39,593 | -€112,612 | -74.0% |
| Operating profit (loss) | 9901 | -€19,239 | €36,265 | +€55,503 | |
| Financial charges | 65/66B | €2,796 | €237 | -€2,558 | -91.5% |
| Recurring financial charges | 65 | €2,796 | €237 | -€2,558 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | -€22,034 | €36,028 | +€58,062 | |
| Income taxes | 67/77 | €419 | €5,278 | +€4,858 | +1159.0% |
| Profit (loss) for the period | 9904 | -€22,453 | €30,750 | +€53,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,453 | €30,750 | +€53,203 |
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 7 October 2026 via checked.be.