SMARTERIDEA: 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.
SMARTERIDEA
Largest movements
- Receivables within one year -€46,396
down €46,396 (-22.7%), from €203,939 to €157,543
of which Trade receivables: -€46,411
- Other debts -€18,996
down €18,996 (-18.4%), from €103,236 to €84,240
- Debts after one year -€14,213
down €14,213 (-12.1%), from €117,365 to €103,152
- Profit (loss) carried forward -€13,192
down €13,192 (-22.3%), from -€59,148 to -€72,341
- Trade debts -€6,087
down €6,087 (-43.9%), from €13,857 to €7,770
- Tax, wage and social debts +€5,744
up €5,744 (+172.0%), from €3,339 to €9,083
of which Taxes: +€5,744
- Gross operating margin -€4,518
down €4,518, from €245 to -€4,272
- Financial charges +€1,907
up €1,907 (+41.4%), from €4,606 to €6,513
- Depreciation -€877
down €877 (-52.3%), from €1,677 to €800
- Other operating charges +€288
up €288 (+28.3%), from €1,017 to €1,305
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 | €214,933 | €171,035 | -€43,898 | -20.4% |
| Fixed assets | 21/28 | €3,516 | €3,647 | +€132 | +3.7% |
| Tangible fixed assets | 22/27 | €3,516 | €3,647 | +€132 | +3.7% |
| Furniture and vehicles | 24 | €698 | €1,180 | +€482 | +69.0% |
| Other tangible fixed assets | 26 | €2,817 | €2,468 | -€350 | -12.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €211,418 | €167,388 | -€44,030 | -20.8% |
| Amounts receivable within one year | 40/41 | €203,939 | €157,543 | -€46,396 | -22.7% |
| Trade receivables | 40 | €46,411 | €0 | -€46,411 | -100.0% |
| Other amounts receivable | 41 | €157,527 | €157,543 | +€16 | 0.0% |
| Cash at bank and in hand | 54/58 | €6,384 | €7,425 | +€1,041 | +16.3% |
| Deferred charges and accrued income | 490/1 | €1,095 | €2,420 | +€1,325 | +121.0% |
| Total equity and liabilities | 10/49 | €214,933 | €171,035 | -€43,898 | -20.4% |
| Equity | 10/15 | -€35,528 | -€48,721 | -€13,192 | -37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,020 | €5,020 | = | 0.0% |
| Distributable reserves | 133 | €5,020 | €5,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,148 | -€72,341 | -€13,192 | -22.3% |
| Amounts payable | 17/49 | €250,462 | €219,756 | -€30,706 | -12.3% |
| Amounts payable after more than one year | 17 | €117,365 | €103,152 | -€14,213 | -12.1% |
| Financial debts | 170/4 | €117,365 | €103,152 | -€14,213 | -12.1% |
| Amounts payable within one year | 42/48 | €133,097 | €116,444 | -€16,653 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €12,465 | €14,213 | +€1,748 | +14.0% |
| Financial debts | 43 | €199 | €1,137 | +€938 | +471.7% |
| Credit institutions | 430/8 | €199 | €1,137 | +€938 | +471.7% |
| Trade debts | 44 | €13,857 | €7,770 | -€6,087 | -43.9% |
| Suppliers | 440/4 | €13,857 | €7,770 | -€6,087 | -43.9% |
| Taxes, remuneration and social security | 45 | €3,339 | €9,083 | +€5,744 | +172.0% |
| Taxes | 450/3 | €3,339 | €9,083 | +€5,744 | +172.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €103,236 | €84,240 | -€18,996 | -18.4% |
| Accrued charges and deferred income | 492/3 | €0 | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,677 | €800 | -€877 | -52.3% |
| Other operating charges | 640/8 | €1,017 | €1,305 | +€288 | +28.3% |
| Gross operating margin | 9900 | €245 | -€4,272 | -€4,518 | |
| Operating profit (loss) | 9901 | -€2,449 | -€6,378 | -€3,929 | -160.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,606 | €6,513 | +€1,907 | +41.4% |
| Recurring financial charges | 65 | €4,606 | €6,513 | +€1,907 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,055 | -€12,891 | -€5,836 | -82.7% |
| Income taxes | 67/77 | €343 | €302 | -€42 | -12.1% |
| Profit (loss) for the period | 9904 | -€7,398 | -€13,192 | -€5,794 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,398 | -€13,192 | -€5,794 | -78.3% |
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 10 October 2026 via checked.be.