Smart Technical Maintenance: 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 Technical Maintenance
Largest movements
- Tangible fixed assets +€13,623
up €13,623 (+23.0%), from €59,255 to €72,878
of which Furniture and vehicles: +€19,884
- Receivables within one year +€5,596
up €5,596 (+181.7%), from €3,079 to €8,676
of which Trade receivables: +€5,000
- Cash +€994
up €994 (+17.5%), from €5,695 to €6,690
mainly Net result for the year (+€42,147) and Depreciation (+€8,922)
- Profit (loss) carried forward +€42,147
up €42,147 (+107.6%), from €39,180 to €81,327
- Trade debts -€10,478
down €10,478 (-94.0%), from €11,149 to €671
- Tax, wage and social debts -€6,333
down €6,333 (-57.2%), from €11,064 to €4,731
of which Taxes: -€3,535
- Debts after one year -€2,936
no longer reported in 2025 (was €2,936)
- Accrued charges and deferred income -€1,701
no longer reported in 2025 (was €1,701)
- Depreciation +€5,496
up €5,496 (+160.5%), from €3,425 to €8,922
- Taxes -€4,027
down €4,027 (-31.0%), from €13,000 to €8,973
- Gross operating margin +€2,676
up €2,676 (+4.6%), from €58,425 to €61,101
- Other operating charges -€1,810
down €1,810 (-62.7%), from €2,889 to €1,078
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 | €68,030 | €88,729 | +€20,699 | +30.4% |
| Fixed assets | 21/28 | €59,255 | €72,878 | +€13,623 | +23.0% |
| Tangible fixed assets | 22/27 | €59,255 | €72,878 | +€13,623 | +23.0% |
| Plant, machinery and equipment | 23 | €2,180 | €1,646 | -€534 | -24.5% |
| Furniture and vehicles | 24 | €6,673 | €26,558 | +€19,884 | +298.0% |
| Other tangible fixed assets | 26 | €50,402 | €44,674 | -€5,728 | -11.4% |
| Current assets | 29/58 | €8,775 | €15,851 | +€7,076 | +80.6% |
| Amounts receivable within one year | 40/41 | €3,079 | €8,676 | +€5,596 | +181.7% |
| Trade receivables | 40 | €3,079 | €8,080 | +€5,000 | +162.4% |
| Other amounts receivable | 41 | - | €596 | +€596 | |
| Cash at bank and in hand | 54/58 | €5,695 | €6,690 | +€994 | +17.5% |
| Deferred charges and accrued income | 490/1 | - | €485 | +€485 | |
| Total equity and liabilities | 10/49 | €68,030 | €88,729 | +€20,699 | +30.4% |
| Equity | 10/15 | €41,180 | €83,327 | +€42,147 | +102.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,180 | €81,327 | +€42,147 | +107.6% |
| Amounts payable | 17/49 | €26,850 | €5,402 | -€21,448 | -79.9% |
| Amounts payable after more than one year | 17 | €2,936 | - | -€2,936 | |
| Other amounts payable | 178/9 | €2,936 | - | -€2,936 | |
| Amounts payable within one year | 42/48 | €22,213 | €5,402 | -€16,811 | -75.7% |
| Trade debts | 44 | €11,149 | €671 | -€10,478 | -94.0% |
| Suppliers | 440/4 | €11,149 | €671 | -€10,478 | -94.0% |
| Taxes, remuneration and social security | 45 | €11,064 | €4,731 | -€6,333 | -57.2% |
| Taxes | 450/3 | €8,266 | €4,731 | -€3,535 | -42.8% |
| Remuneration and social security | 454/9 | €2,798 | - | -€2,798 | |
| Accrued charges and deferred income | 492/3 | €1,701 | - | -€1,701 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,425 | €8,922 | +€5,496 | +160.5% |
| Other operating charges | 640/8 | €2,889 | €1,078 | -€1,810 | -62.7% |
| Gross operating margin | 9900 | €58,425 | €61,101 | +€2,676 | +4.6% |
| Operating profit (loss) | 9901 | €52,110 | €51,101 | -€1,009 | -1.9% |
| Financial income | 75/76B | €148 | €55 | -€93 | -63.0% |
| Recurring financial income | 75 | €148 | €55 | -€93 | -63.0% |
| Financial charges | 65/66B | €78 | €37 | -€42 | -53.4% |
| Recurring financial charges | 65 | €78 | €37 | -€42 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €52,180 | €51,119 | -€1,061 | -2.0% |
| Income taxes | 67/77 | €13,000 | €8,973 | -€4,027 | -31.0% |
| Profit (loss) for the period | 9904 | €39,180 | €42,147 | +€2,966 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,180 | €42,147 | +€2,966 | +7.6% |
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 3 October 2026 via checked.be.