SmartCookie: 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.
SmartCookie
Largest movements
- Tangible fixed assets -€52,552
down €52,552 (-100.0%), from €52,552 to €0
of which Plant, machinery and equipment: -€37,375
- Intangible fixed assets -€20,384
down €20,384 (-100.0%), from €20,384 to €0
- Cash -€7,143
down €7,143 (-73.2%), from €9,763 to €2,620
mainly Net result for the year (-€59,170) and Other debts (-€16,899)
- Stocks and contracts -€2,901
down €2,901 (-100.0%), from €2,901 to €0
- Deferred charges and accrued income -€2,424
down €2,424 (-100.0%), from €2,424 to €0
- Profit (loss) carried forward -€59,170
down €59,170 (-75.6%), from -€78,296 to -€137,466
- Other debts -€16,899
down €16,899 (-16.7%), from €101,465 to €84,566
- Trade debts -€7,587
down €7,587 (-85.7%), from €8,855 to €1,268
- Tax, wage and social debts -€4,070
down €4,070 (-100.0%), from €4,070 to €0
of which Remuneration and social security: -€4,070
- Accrued charges and deferred income +€1,840
up €1,840, from €0 to €1,840
- Gross operating margin -€44,652
down €44,652 (-74.3%), from €60,104 to €15,453
- Depreciation -€23,046
down €23,046 (-87.0%), from €26,475 to €3,429
- Staff costs -€22,463
down €22,463 (-46.3%), from €48,516 to €26,053
- Financial charges -€1,345
down €1,345 (-68.4%), from €1,967 to €622
- Other operating charges -€997
down €997 (-71.4%), from €1,397 to €400
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 | €91,094 | €5,208 | -€85,885 | -94.3% |
| Fixed assets | 21/28 | €72,936 | €0 | -€72,936 | -100.0% |
| Intangible fixed assets | 21 | €20,384 | €0 | -€20,384 | -100.0% |
| Tangible fixed assets | 22/27 | €52,552 | €0 | -€52,552 | -100.0% |
| Plant, machinery and equipment | 23 | €37,375 | €0 | -€37,375 | -100.0% |
| Other tangible fixed assets | 26 | €15,177 | €0 | -€15,177 | -100.0% |
| Current assets | 29/58 | €18,158 | €5,208 | -€12,949 | -71.3% |
| Stocks and contracts in progress | 3 | €2,901 | €0 | -€2,901 | -100.0% |
| Stocks | 30/36 | €2,901 | €0 | -€2,901 | -100.0% |
| Amounts receivable within one year | 40/41 | €3,070 | €2,589 | -€482 | -15.7% |
| Trade receivables | 40 | €2,022 | €971 | -€1,051 | -52.0% |
| Other amounts receivable | 41 | €1,048 | €1,618 | +€569 | +54.3% |
| Cash at bank and in hand | 54/58 | €9,763 | €2,620 | -€7,143 | -73.2% |
| Deferred charges and accrued income | 490/1 | €2,424 | €0 | -€2,424 | -100.0% |
| Total equity and liabilities | 10/49 | €91,094 | €5,208 | -€85,885 | -94.3% |
| Equity | 10/15 | -€23,296 | -€82,466 | -€59,170 | -254.0% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,296 | -€137,466 | -€59,170 | -75.6% |
| Amounts payable | 17/49 | €114,390 | €87,675 | -€26,715 | -23.4% |
| Amounts payable within one year | 42/48 | €114,390 | €85,835 | -€28,555 | -25.0% |
| Trade debts | 44 | €8,855 | €1,268 | -€7,587 | -85.7% |
| Suppliers | 440/4 | €8,855 | €1,268 | -€7,587 | -85.7% |
| Taxes, remuneration and social security | 45 | €4,070 | €0 | -€4,070 | -100.0% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,070 | €0 | -€4,070 | -100.0% |
| Other amounts payable | 47/48 | €101,465 | €84,566 | -€16,899 | -16.7% |
| Accrued charges and deferred income | 492/3 | €0 | €1,840 | +€1,840 | |
| Non-recurring operating income | 76A | - | €81 | +€81 | |
| Remuneration, social security and pensions | 62 | €48,516 | €26,053 | -€22,463 | -46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,475 | €3,429 | -€23,046 | -87.0% |
| Other operating charges | 640/8 | €1,397 | €400 | -€997 | -71.4% |
| Non-recurring operating charges | 66A | - | €44,586 | +€44,586 | |
| Gross operating margin | 9900 | €60,104 | €15,453 | -€44,652 | -74.3% |
| Operating profit (loss) | 9901 | -€16,284 | -€59,015 | -€42,731 | -262.4% |
| Financial income | 75/76B | €194 | €466 | +€272 | +140.2% |
| Recurring financial income | 75 | €194 | €466 | +€272 | +140.2% |
| Financial charges | 65/66B | €1,967 | €622 | -€1,345 | -68.4% |
| Recurring financial charges | 65 | €1,967 | €622 | -€1,345 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,057 | -€59,170 | -€41,114 | -227.7% |
| Profit (loss) for the period | 9904 | -€18,057 | -€59,170 | -€41,114 | -227.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,057 | -€59,170 | -€41,114 | -227.7% |
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 30 September 2026 via checked.be.