SMARTCARE: 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.
SMARTCARE
Largest movements
- Receivables within one year +€26,700
up €26,700 (+192.1%), from €13,900 to €40,600
of which Trade receivables: +€26,650
- Tangible fixed assets -€17,990
down €17,990 (-11.6%), from €154,996 to €137,006
of which Furniture and vehicles: -€9,600
- Cash +€8,520
up €8,520 (+104.1%), from €8,187 to €16,708
mainly Depreciation (+€26,147) and Net result for the year (+€23,287)
- Intangible fixed assets -€4,100
down €4,100 (-12.5%), from €32,755 to €28,655
- Reserves +€23,287
up €23,287 (+66.5%), from €34,993 to €58,280
- Debts after one year -€13,052
down €13,052 (-10.7%), from €121,481 to €108,428
- Other debts -€8,118
down €8,118 (-27.5%), from €29,546 to €21,428
- Tax, wage and social debts +€6,590
up €6,590 (+110.1%), from €5,984 to €12,574
- Accrued charges and deferred income +€4,500
up €4,500, from €0 to €4,500
- Gross operating margin +€6,163
up €6,163 (+10.4%), from €59,267 to €65,430
- Taxes +€1,606
up €1,606 (+26.8%), from €5,984 to €7,590
- Other operating charges +€1,082
up €1,082 (+76.4%), from €1,416 to €2,498
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 | €209,839 | €222,970 | +€13,131 | +6.3% |
| Fixed assets | 21/28 | €187,751 | €165,662 | -€22,090 | -11.8% |
| Intangible fixed assets | 21 | €32,755 | €28,655 | -€4,100 | -12.5% |
| Tangible fixed assets | 22/27 | €154,996 | €137,006 | -€17,990 | -11.6% |
| Land and buildings | 22 | €99,082 | €93,626 | -€5,456 | -5.5% |
| Plant, machinery and equipment | 23 | €12,628 | €9,696 | -€2,933 | -23.2% |
| Furniture and vehicles | 24 | €43,286 | €33,685 | -€9,600 | -22.2% |
| Current assets | 29/58 | €22,087 | €57,308 | +€35,220 | +159.5% |
| Amounts receivable within one year | 40/41 | €13,900 | €40,600 | +€26,700 | +192.1% |
| Trade receivables | 40 | €12,000 | €38,650 | +€26,650 | +222.1% |
| Other amounts receivable | 41 | €1,900 | €1,950 | +€50 | +2.6% |
| Cash at bank and in hand | 54/58 | €8,187 | €16,708 | +€8,520 | +104.1% |
| Total equity and liabilities | 10/49 | €209,839 | €222,970 | +€13,131 | +6.3% |
| Equity | 10/15 | €38,993 | €62,280 | +€23,287 | +59.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €34,993 | €58,280 | +€23,287 | +66.5% |
| Distributable reserves | 133 | €34,993 | €58,280 | +€23,287 | +66.5% |
| Amounts payable | 17/49 | €170,845 | €160,689 | -€10,156 | -5.9% |
| Amounts payable after more than one year | 17 | €121,481 | €108,428 | -€13,052 | -10.7% |
| Financial debts | 170/4 | €121,481 | €108,428 | -€13,052 | -10.7% |
| Amounts payable within one year | 42/48 | €49,365 | €47,761 | -€1,604 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €13,585 | €13,426 | -€159 | -1.2% |
| Trade debts | 44 | €250 | €333 | +€83 | +33.3% |
| Suppliers | 440/4 | €250 | €333 | +€83 | +33.3% |
| Taxes, remuneration and social security | 45 | €5,984 | €12,574 | +€6,590 | +110.1% |
| Taxes | 450/3 | €5,984 | €12,574 | +€6,590 | +110.1% |
| Other amounts payable | 47/48 | €29,546 | €21,428 | -€8,118 | -27.5% |
| Accrued charges and deferred income | 492/3 | €0 | €4,500 | +€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,870 | €26,147 | +€277 | +1.1% |
| Other operating charges | 640/8 | €1,416 | €2,498 | +€1,082 | +76.4% |
| Gross operating margin | 9900 | €59,267 | €65,430 | +€6,163 | +10.4% |
| Operating profit (loss) | 9901 | €31,981 | €36,785 | +€4,804 | +15.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €6,449 | €5,908 | -€541 | -8.4% |
| Recurring financial charges | 65 | €6,449 | €5,908 | -€541 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €25,531 | €30,877 | +€5,345 | +20.9% |
| Income taxes | 67/77 | €5,984 | €7,590 | +€1,606 | +26.8% |
| Profit (loss) for the period | 9904 | €19,547 | €23,287 | +€3,740 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,547 | €23,287 | +€3,740 | +19.1% |
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 12 October 2026 via checked.be.