SmartEnerJ: 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.
SmartEnerJ
Largest movements
- Cash -€3,164
down €3,164 (-20.7%), from €15,267 to €12,103
mainly Net result for the year (-€6,274) and Receivables within one year (-€540)
- Tangible fixed assets -€1,358
down €1,358 (-44.1%), from €3,081 to €1,723
- Receivables within one year +€540
new in 2025: €540
- Profit (loss) carried forward -€6,274
down €6,274 (-67.4%), from €9,314 to €3,040
- Other debts +€2,400
up €2,400 (+65.4%), from €3,671 to €6,071
- Gross operating margin -€6,319
down €6,319, from €2,101 to -€4,218
- Depreciation +€204
up €204 (+17.7%), from €1,154 to €1,358
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 | €18,348 | €14,366 | -€3,983 | -21.7% |
| Fixed assets | 21/28 | €3,081 | €1,723 | -€1,358 | -44.1% |
| Tangible fixed assets | 22/27 | €3,081 | €1,723 | -€1,358 | -44.1% |
| Furniture and vehicles | 24 | €3,081 | €1,723 | -€1,358 | -44.1% |
| Current assets | 29/58 | €15,267 | €12,642 | -€2,625 | -17.2% |
| Amounts receivable within one year | 40/41 | - | €540 | +€540 | |
| Other amounts receivable | 41 | - | €540 | +€540 | |
| Cash at bank and in hand | 54/58 | €15,267 | €12,103 | -€3,164 | -20.7% |
| Total equity and liabilities | 10/49 | €18,348 | €14,366 | -€3,983 | -21.7% |
| Equity | 10/15 | €14,314 | €8,040 | -€6,274 | -43.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,314 | €3,040 | -€6,274 | -67.4% |
| Amounts payable | 17/49 | €4,035 | €6,326 | +€2,291 | +56.8% |
| Amounts payable within one year | 42/48 | €3,689 | €6,101 | +€2,412 | +65.4% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €18 | - | -€18 | |
| Taxes | 450/3 | €18 | - | -€18 | |
| Other amounts payable | 47/48 | €3,671 | €6,071 | +€2,400 | +65.4% |
| Accrued charges and deferred income | 492/3 | €346 | €225 | -€121 | -34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,154 | €1,358 | +€204 | +17.7% |
| Other operating charges | 640/8 | €634 | €653 | +€19 | +2.9% |
| Gross operating margin | 9900 | €2,101 | -€4,218 | -€6,319 | |
| Operating profit (loss) | 9901 | €313 | -€6,229 | -€6,542 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +400.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +400.0% |
| Financial charges | 65/66B | €68 | €45 | -€23 | -34.0% |
| Recurring financial charges | 65 | €68 | €45 | -€23 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €245 | -€6,274 | -€6,519 | |
| Profit (loss) for the period | 9904 | €245 | -€6,274 | -€6,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €245 | -€6,274 | -€6,519 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.