SmartBox Consulting: 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.
SmartBox Consulting
Largest movements
- Current investments +€24,000
up €24,000 (+100.0%), from €24,000 to €48,000
- Cash +€20,880
up €20,880 (+27.4%), from €76,227 to €97,106
mainly Net result for the year (+€47,308) and Other debts (+€909)
- Profit (loss) carried forward +€46,475
up €46,475 (+49.0%), from €94,762 to €141,237
- Trade debts -€1,689
down €1,689 (-92.2%), from €1,833 to €144
- Gross operating margin -€5,098
down €5,098 (-7.6%), from €66,675 to €61,577
- Depreciation -€5,072
down €5,072 (-89.4%), from €5,676 to €604
- Financial charges -€1,188
down €1,188 (-89.4%), from €1,328 to €141
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 | €118,776 | €163,984 | +€45,208 | +38.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €604 | €0 | -€604 | -100.0% |
| Tangible fixed assets | 22/27 | €604 | €0 | -€604 | -100.0% |
| Furniture and vehicles | 24 | €604 | €0 | -€604 | -100.0% |
| Current assets | 29/58 | €118,172 | €163,984 | +€45,812 | +38.8% |
| Amounts receivable within one year | 40/41 | €17,399 | €18,308 | +€909 | +5.2% |
| Trade receivables | 40 | €13,709 | €13,533 | -€176 | -1.3% |
| Other amounts receivable | 41 | €3,691 | €4,775 | +€1,085 | +29.4% |
| Current investments | 50/53 | €24,000 | €48,000 | +€24,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €76,227 | €97,106 | +€20,880 | +27.4% |
| Deferred charges and accrued income | 490/1 | €546 | €570 | +€24 | +4.3% |
| Total equity and liabilities | 10/49 | €118,776 | €163,984 | +€45,208 | +38.1% |
| Equity | 10/15 | €99,762 | €146,237 | +€46,475 | +46.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,762 | €141,237 | +€46,475 | +49.0% |
| Amounts payable | 17/49 | €19,014 | €17,747 | -€1,267 | -6.7% |
| Amounts payable within one year | 42/48 | €18,993 | €17,747 | -€1,247 | -6.6% |
| Trade debts | 44 | €1,833 | €144 | -€1,689 | -92.2% |
| Suppliers | 440/4 | €1,833 | €144 | -€1,689 | -92.2% |
| Taxes, remuneration and social security | 45 | €6,502 | €6,035 | -€467 | -7.2% |
| Taxes | 450/3 | €6,502 | €6,035 | -€467 | -7.2% |
| Other amounts payable | 47/48 | €10,659 | €11,568 | +€909 | +8.5% |
| Accrued charges and deferred income | 492/3 | €20 | - | -€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,676 | €604 | -€5,072 | -89.4% |
| Other operating charges | 640/8 | €638 | €618 | -€20 | -3.2% |
| Gross operating margin | 9900 | €66,675 | €61,577 | -€5,098 | -7.6% |
| Operating profit (loss) | 9901 | €60,361 | €60,355 | -€6 | 0.0% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,328 | €141 | -€1,188 | -89.4% |
| Recurring financial charges | 65 | €1,328 | €141 | -€1,188 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | €59,033 | €60,223 | +€1,190 | +2.0% |
| Income taxes | 67/77 | €12,309 | €12,915 | +€606 | +4.9% |
| Profit (loss) for the period | 9904 | €46,723 | €47,308 | +€585 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,723 | €47,308 | +€585 | +1.3% |
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 10 October 2026 via checked.be.