Smartconnects: 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.
Smartconnects
Largest movements
- Cash +€56
up €56 (+19.8%), from €281 to €337
mainly Other debts (+€627)
- Other debts +€627
up €627 (+5.7%), from €10,907 to €11,534
- Profit (loss) carried forward -€571
down €571 (-4.9%), from -€11,646 to -€12,218
- Gross operating margin +€241
up €241 (+34.8%), from -€692 to -€451
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 | €1,261 | €1,316 | +€56 | +4.4% |
| Current assets | 29/58 | €1,261 | €1,316 | +€56 | +4.4% |
| Amounts receivable within one year | 40/41 | €979 | €979 | = | 0.0% |
| Other amounts receivable | 41 | €979 | €979 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €281 | €337 | +€56 | +19.8% |
| Total equity and liabilities | 10/49 | €1,261 | €1,316 | +€56 | +4.4% |
| Equity | 10/15 | -€9,646 | -€10,218 | -€571 | -5.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,646 | -€12,218 | -€571 | -4.9% |
| Amounts payable | 17/49 | €10,907 | €11,534 | +€627 | +5.7% |
| Amounts payable within one year | 42/48 | €10,907 | €11,534 | +€627 | +5.7% |
| Other amounts payable | 47/48 | €10,907 | €11,534 | +€627 | +5.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€692 | -€451 | +€241 | +34.8% |
| Operating profit (loss) | 9901 | -€810 | -€571 | +€239 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | -€810 | -€571 | +€239 | +29.5% |
| Profit (loss) for the period | 9904 | -€810 | -€571 | +€239 | +29.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€810 | -€571 | +€239 | +29.5% |
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.