SmartenUp IT&C: 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.
SmartenUp IT&C
Largest movements
- Cash -€44,310
down €44,310 (-95.9%), from €46,212 to €1,902
mainly Contributions, distributions and other (-€76,000) and Tax, wage and social debts (-€25,062)
- Receivables within one year +€18,912
up €18,912 (+32.4%), from €58,399 to €77,311
of which Trade receivables: +€14,593
- Tax, wage and social debts -€25,062
down €25,062 (-24.9%), from €100,732 to €75,670
- Gross operating margin +€16,500
up €16,500 (+20.0%), from €82,699 to €99,199
- Taxes +€6,772
up €6,772 (+45.6%), from €14,835 to €21,607
- Financial income +€1,125
up €1,125 (+36.3%), from €3,102 to €4,227
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
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 | €105,411 | €79,667 | -€25,744 | -24.4% |
| Fixed assets | 21/28 | €800 | €454 | -€346 | -43.2% |
| Tangible fixed assets | 22/27 | €800 | €454 | -€346 | -43.2% |
| Furniture and vehicles | 24 | €800 | €454 | -€346 | -43.2% |
| Current assets | 29/58 | €104,611 | €79,212 | -€25,398 | -24.3% |
| Amounts receivable within one year | 40/41 | €58,399 | €77,311 | +€18,912 | +32.4% |
| Trade receivables | 40 | €14,856 | €29,449 | +€14,593 | +98.2% |
| Other amounts receivable | 41 | €43,543 | €47,862 | +€4,319 | +9.9% |
| Cash at bank and in hand | 54/58 | €46,212 | €1,902 | -€44,310 | -95.9% |
| Total equity and liabilities | 10/49 | €105,411 | €79,667 | -€25,744 | -24.4% |
| Equity | 10/15 | €4,679 | €3,997 | -€681 | -14.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,679 | €997 | -€681 | -40.6% |
| Amounts payable | 17/49 | €100,732 | €75,670 | -€25,062 | -24.9% |
| Amounts payable within one year | 42/48 | €100,732 | €75,670 | -€25,062 | -24.9% |
| Taxes, remuneration and social security | 45 | €100,732 | €75,670 | -€25,062 | -24.9% |
| Taxes | 450/3 | €100,732 | €75,670 | -€25,062 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €551 | €651 | +€100 | +18.1% |
| Other operating charges | 640/8 | €5,390 | €4,617 | -€773 | -14.3% |
| Gross operating margin | 9900 | €82,699 | €99,199 | +€16,500 | +20.0% |
| Operating profit (loss) | 9901 | €76,758 | €93,931 | +€17,173 | +22.4% |
| Financial income | 75/76B | €3,102 | €4,227 | +€1,125 | +36.3% |
| Recurring financial income | 75 | €3,102 | €4,227 | +€1,125 | +36.3% |
| Financial charges | 65/66B | €923 | €1,233 | +€310 | +33.5% |
| Recurring financial charges | 65 | €923 | €1,233 | +€310 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | €78,937 | €96,925 | +€17,988 | +22.8% |
| Income taxes | 67/77 | €14,835 | €21,607 | +€6,772 | +45.6% |
| Profit (loss) for the period | 9904 | €64,102 | €75,319 | +€11,217 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,102 | €75,319 | +€11,217 | +17.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.