SMARTCHARGERS: 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.
SMARTCHARGERS
Largest movements
- Receivables within one year -€73,403
down €73,403 (-45.3%), from €162,029 to €88,627
of which Trade receivables: -€71,107
- Deferred charges and accrued income +€72,779
up €72,779 (+4,294%), from €1,695 to €74,474
- Cash -€41,595
down €41,595 (-76.5%), from €54,340 to €12,744
- Stocks and contracts -€5,036
down €5,036 (-10.6%), from €47,581 to €42,545
of which Stocks: -€7,756
- Trade debts -€81,508
down €81,508 (-26.2%), from €310,686 to €229,178
- Profit (loss) carried forward +€16,472
up €16,472 (+27.8%), from -€59,299 to -€42,827
- Advances received +€15,198
up €15,198 (+1,442%), from €1,054 to €16,252
- Gross operating margin +€228,169
up €228,169 (+1,098%), from €20,785 to €248,954
- Staff costs +€81,008
up €81,008 (+75.8%), from €106,938 to €187,946
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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,051 | €223,929 | -€50,122 | -18.3% |
| Fixed assets | 21/28 | €8,407 | €5,538 | -€2,868 | -34.1% |
| Intangible fixed assets | 21 | €2,241 | €741 | -€1,500 | -66.9% |
| Tangible fixed assets | 22/27 | €4,506 | €3,138 | -€1,368 | -30.4% |
| Furniture and vehicles | 24 | €4,506 | €3,138 | -€1,368 | -30.4% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €265,644 | €218,391 | -€47,254 | -17.8% |
| Stocks and contracts in progress | 3 | €47,581 | €42,545 | -€5,036 | -10.6% |
| Stocks | 30/36 | €40,206 | €32,450 | -€7,756 | -19.3% |
| Contracts in progress | 37 | €7,375 | €10,096 | +€2,721 | +36.9% |
| Amounts receivable within one year | 40/41 | €162,029 | €88,627 | -€73,403 | -45.3% |
| Trade receivables | 40 | €151,503 | €80,396 | -€71,107 | -46.9% |
| Other amounts receivable | 41 | €10,526 | €8,231 | -€2,295 | -21.8% |
| Cash at bank and in hand | 54/58 | €54,340 | €12,744 | -€41,595 | -76.5% |
| Deferred charges and accrued income | 490/1 | €1,695 | €74,474 | +€72,779 | +4,294% |
| Total equity and liabilities | 10/49 | €274,051 | €223,929 | -€50,122 | -18.3% |
| Equity | 10/15 | -€38,840 | -€22,368 | +€16,472 | +42.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,299 | -€42,827 | +€16,472 | +27.8% |
| Amounts payable | 17/49 | €312,891 | €246,297 | -€66,594 | -21.3% |
| Amounts payable within one year | 42/48 | €312,891 | €246,297 | -€66,594 | -21.3% |
| Trade debts | 44 | €310,686 | €229,178 | -€81,508 | -26.2% |
| Suppliers | 440/4 | €310,686 | €229,178 | -€81,508 | -26.2% |
| Advances received on contracts in progress | 46 | €1,054 | €16,252 | +€15,198 | +1,442% |
| Taxes, remuneration and social security | 45 | €1,151 | €867 | -€285 | -24.7% |
| Taxes | 450/3 | €1,151 | €867 | -€285 | -24.7% |
| Non-recurring operating income | 76A | - | €72,752 | +€72,752 | |
| Remuneration, social security and pensions | 62 | €106,938 | €187,946 | +€81,008 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,868 | €2,868 | = | 0.0% |
| Other operating charges | 640/8 | €828 | €986 | +€159 | +19.2% |
| Non-recurring operating charges | 66A | - | €40,399 | +€40,399 | |
| Gross operating margin | 9900 | €20,785 | €248,954 | +€228,169 | +1,098% |
| Operating profit (loss) | 9901 | -€89,849 | €16,754 | +€106,604 | |
| Financial income | 75/76B | €754 | €254 | -€499 | -66.2% |
| Recurring financial income | 75 | €44 | €160 | +€117 | +268% |
| Non-recurring financial income | 76B | €710 | €94 | -€616 | -86.8% |
| Financial charges | 65/66B | €106 | €405 | +€299 | +281% |
| Recurring financial charges | 65 | €106 | €405 | +€299 | +281% |
| Profit (loss) for the period before taxes | 9903 | -€89,202 | €16,604 | +€105,806 | |
| Income taxes | 67/77 | €881 | €132 | -€749 | -85.0% |
| Profit (loss) for the period | 9904 | -€90,082 | €16,472 | +€106,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€90,082 | €16,472 | +€106,554 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.