SmartCom T&C: 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.
SmartCom T&C
Largest movements
- Receivables within one year -€22,673
down €22,673 (-52.5%), from €43,188 to €20,515
of which Trade receivables: -€23,714
- Cash +€10,072
up €10,072 (+30.0%), from €33,556 to €43,628
mainly Receivables within one year (+€22,673) and Trade debts (+€8,155)
- Stocks and contracts +€4,963
up €4,963 (+90.2%), from €5,500 to €10,463
- Tangible fixed assets +€1,221
up €1,221 (+156.9%), from €778 to €1,999
of which Plant, machinery and equipment: +€1,999
- Other debts -€10,648
down €10,648 (-16.6%), from €64,304 to €53,656
- Trade debts +€8,155
up €8,155 (+282.7%), from €2,885 to €11,040
- Tax, wage and social debts -€3,924
down €3,924 (-67.3%), from €5,833 to €1,909
of which Taxes: -€4,849
- Gross operating margin -€12,056
down €12,056 (-70.6%), from €17,075 to €5,020
- Taxes -€3,193
down €3,193 (-62.4%), from €5,120 to €1,926
- Depreciation +€521
up €521 (+45.1%), from €1,155 to €1,675
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 | €83,022 | €76,604 | -€6,417 | -7.7% |
| Fixed assets | 21/28 | €778 | €1,999 | +€1,221 | +156.9% |
| Tangible fixed assets | 22/27 | €778 | €1,999 | +€1,221 | +156.9% |
| Plant, machinery and equipment | 23 | - | €1,999 | +€1,999 | |
| Furniture and vehicles | 24 | €778 | €0 | -€778 | -100.0% |
| Current assets | 29/58 | €82,244 | €74,605 | -€7,639 | -9.3% |
| Stocks and contracts in progress | 3 | €5,500 | €10,463 | +€4,963 | +90.2% |
| Stocks | 30/36 | €5,500 | €10,463 | +€4,963 | +90.2% |
| Amounts receivable within one year | 40/41 | €43,188 | €20,515 | -€22,673 | -52.5% |
| Trade receivables | 40 | €36,275 | €12,561 | -€23,714 | -65.4% |
| Other amounts receivable | 41 | €6,913 | €7,954 | +€1,042 | +15.1% |
| Cash at bank and in hand | 54/58 | €33,556 | €43,628 | +€10,072 | +30.0% |
| Total equity and liabilities | 10/49 | €83,022 | €76,604 | -€6,417 | -7.7% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,022 | €66,604 | -€6,417 | -8.8% |
| Amounts payable within one year | 42/48 | €73,022 | €66,604 | -€6,417 | -8.8% |
| Trade debts | 44 | €2,885 | €11,040 | +€8,155 | +282.7% |
| Suppliers | 440/4 | €2,885 | €11,040 | +€8,155 | +282.7% |
| Taxes, remuneration and social security | 45 | €5,833 | €1,909 | -€3,924 | -67.3% |
| Taxes | 450/3 | €5,833 | €984 | -€4,849 | -83.1% |
| Remuneration and social security | 454/9 | €0 | €925 | +€925 | |
| Other amounts payable | 47/48 | €64,304 | €53,656 | -€10,648 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,155 | €1,675 | +€521 | +45.1% |
| Other operating charges | 640/8 | €560 | €536 | -€25 | -4.4% |
| Gross operating margin | 9900 | €17,075 | €5,020 | -€12,056 | -70.6% |
| Operating profit (loss) | 9901 | €15,360 | €2,809 | -€12,551 | -81.7% |
| Financial income | 75/76B | €0 | €8 | +€7 | +2050.0% |
| Recurring financial income | 75 | €0 | €8 | +€7 | +2050.0% |
| Financial charges | 65/66B | €201 | €220 | +€19 | +9.2% |
| Recurring financial charges | 65 | €201 | €220 | +€19 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €15,159 | €2,597 | -€12,562 | -82.9% |
| Income taxes | 67/77 | €5,120 | €1,926 | -€3,193 | -62.4% |
| Profit (loss) for the period | 9904 | €10,040 | €671 | -€9,369 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,040 | €671 | -€9,369 | -93.3% |
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.