SMART SERVICES MO: 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 SERVICES MO
Largest movements
- Receivables within one year +€8,634
up €8,634 (+60.5%), from €14,281 to €22,915
of which Trade receivables: +€7,541
- Cash -€5,334
down €5,334 (-81.0%), from €6,584 to €1,250
mainly Net result for the year (-€15,811) and Receivables within one year (-€8,634)
- Financial fixed assets +€539
new in 2025: €539
- Profit (loss) carried forward -€15,811
down €15,811, from €12,077 to -€3,734
- Tax, wage and social debts +€15,231
up €15,231 (+288.0%), from €5,288 to €20,519
of which Remuneration and social security: +€14,867
- Short-term financial debts +€4,419
new in 2025: €4,419
- Purchases and services +€33,003
up €33,003 (+42.3%), from €77,944 to €110,947
- Gross operating margin -€25,019
down €25,019, from €12,488 to -€12,531
- Turnover +€7,936
up €7,936 (+8.8%), from €90,432 to €98,367
- Staff costs +€1,643
up €1,643 (+1400.6%), from €117 to €1,760
- Taxes +€1,386
new in 2025: €1,386
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 | €20,865 | €24,704 | +€3,839 | +18.4% |
| Fixed assets | 21/28 | - | €539 | +€539 | |
| Financial fixed assets | 28 | - | €539 | +€539 | |
| Current assets | 29/58 | €20,865 | €24,165 | +€3,300 | +15.8% |
| Amounts receivable within one year | 40/41 | €14,281 | €22,915 | +€8,634 | +60.5% |
| Trade receivables | 40 | €2,939 | €10,480 | +€7,541 | +256.6% |
| Other amounts receivable | 41 | €11,342 | €12,435 | +€1,093 | +9.6% |
| Cash at bank and in hand | 54/58 | €6,584 | €1,250 | -€5,334 | -81.0% |
| Total equity and liabilities | 10/49 | €20,865 | €24,704 | +€3,839 | +18.4% |
| Equity | 10/15 | €15,577 | -€234 | -€15,811 | |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,077 | -€3,734 | -€15,811 | |
| Amounts payable | 17/49 | €5,288 | €24,938 | +€19,650 | +371.6% |
| Amounts payable within one year | 42/48 | €5,288 | €24,938 | +€19,650 | +371.6% |
| Financial debts | 43 | - | €4,419 | +€4,419 | |
| Credit institutions | 430/8 | - | €4,419 | +€4,419 | |
| Taxes, remuneration and social security | 45 | €5,288 | €20,519 | +€15,231 | +288.0% |
| Taxes | 450/3 | €4,488 | €4,852 | +€364 | +8.1% |
| Remuneration and social security | 454/9 | €800 | €15,667 | +€14,867 | +1858.6% |
| Turnover | 70 | €90,432 | €98,367 | +€7,936 | +8.8% |
| Non-recurring operating income | 76A | - | €48 | +€48 | |
| Goods, raw materials, services and sundry goods | 60/61 | €77,944 | €110,947 | +€33,003 | +42.3% |
| Remuneration, social security and pensions | 62 | €117 | €1,760 | +€1,643 | +1400.6% |
| Other operating charges | 640/8 | €257 | - | -€257 | |
| Gross operating margin | 9900 | €12,488 | -€12,531 | -€25,019 | |
| Operating profit (loss) | 9901 | €12,114 | -€14,291 | -€26,405 | |
| Financial charges | 65/66B | €37 | €133 | +€96 | +259.8% |
| Recurring financial charges | 65 | €37 | €133 | +€96 | +259.8% |
| Profit (loss) for the period before taxes | 9903 | €12,077 | -€14,424 | -€26,501 | |
| Income taxes | 67/77 | - | €1,386 | +€1,386 | |
| Profit (loss) for the period | 9904 | €12,077 | -€15,811 | -€27,887 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,077 | -€15,811 | -€27,887 |
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 11 October 2026 via checked.be.