Smarthome Solutions: 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.
Smarthome Solutions
Largest movements
- Tangible fixed assets -€14,268
down €14,268 (-42.8%), from €33,314 to €19,047
of which Furniture and vehicles: -€13,780
- Cash +€11,265
up €11,265 (+119%), from €9,500 to €20,765
mainly Depreciation (+€14,268) and Net result for the year (+€10,264)
- Receivables within one year -€4,520
down €4,520 (-11.3%), from €39,902 to €35,382
of which Trade receivables: -€4,797
- Other debts -€10,244
down €10,244 (-33.7%), from €30,424 to €20,180
- Reserves +€8,598
up €8,598 (+33.4%), from €25,712 to €34,309
- Current portion of long-term debt -€6,903
down €6,903 (-91.6%), from €7,537 to €634
- Tax, wage and social debts +€5,364
up €5,364 (+103%), from €5,196 to €10,561
- Trade debts -€2,994
down €2,994 (-37.4%), from €8,013 to €5,019
- Gross operating margin +€17,306
up €17,306 (+106%), from €16,395 to €33,701
- Taxes +€4,534
up €4,534 (+158%), from €2,878 to €7,412
- Financial income +€986
up €986 (+93.7%), from €1,052 to €2,038
- Financial charges +€663
up €663 (+32.9%), from €2,013 to €2,675
- Depreciation -€396
down €396 (-2.7%), from €14,664 to €14,268
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 | €84,131 | €77,433 | -€6,698 | -8.0% |
| Fixed assets | 21/28 | €33,614 | €19,347 | -€14,268 | -42.4% |
| Tangible fixed assets | 22/27 | €33,314 | €19,047 | -€14,268 | -42.8% |
| Plant, machinery and equipment | 23 | €437 | €280 | -€157 | -35.9% |
| Furniture and vehicles | 24 | €32,048 | €18,268 | -€13,780 | -43.0% |
| Other tangible fixed assets | 26 | €829 | €498 | -€331 | -39.9% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €50,517 | €58,087 | +€7,570 | +15.0% |
| Amounts receivable within one year | 40/41 | €39,902 | €35,382 | -€4,520 | -11.3% |
| Trade receivables | 40 | €11,312 | €6,515 | -€4,797 | -42.4% |
| Other amounts receivable | 41 | €28,590 | €28,867 | +€277 | +1.0% |
| Cash at bank and in hand | 54/58 | €9,500 | €20,765 | +€11,265 | +119% |
| Deferred charges and accrued income | 490/1 | €1,115 | €1,940 | +€825 | +74.0% |
| Total equity and liabilities | 10/49 | €84,131 | €77,433 | -€6,698 | -8.0% |
| Equity | 10/15 | €31,912 | €40,509 | +€8,598 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,712 | €34,309 | +€8,598 | +33.4% |
| Distributable reserves | 133 | €25,712 | €34,309 | +€8,598 | +33.4% |
| Amounts payable | 17/49 | €52,219 | €36,924 | -€15,295 | -29.3% |
| Amounts payable after more than one year | 17 | €634 | - | -€634 | |
| Financial debts | 170/4 | €634 | - | -€634 | |
| Amounts payable within one year | 42/48 | €51,170 | €36,393 | -€14,777 | -28.9% |
| Current portion of amounts payable after more than one year | 42 | €7,537 | €634 | -€6,903 | -91.6% |
| Trade debts | 44 | €8,013 | €5,019 | -€2,994 | -37.4% |
| Suppliers | 440/4 | €8,013 | €5,019 | -€2,994 | -37.4% |
| Taxes, remuneration and social security | 45 | €5,196 | €10,561 | +€5,364 | +103% |
| Taxes | 450/3 | €5,196 | €10,561 | +€5,364 | +103% |
| Other amounts payable | 47/48 | €30,424 | €20,180 | -€10,244 | -33.7% |
| Accrued charges and deferred income | 492/3 | €415 | €531 | +€116 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,664 | €14,268 | -€396 | -2.7% |
| Other operating charges | 640/8 | €1,123 | €1,120 | -€3 | -0.3% |
| Gross operating margin | 9900 | €16,395 | €33,701 | +€17,306 | +106% |
| Operating profit (loss) | 9901 | €608 | €18,313 | +€17,705 | +2,911% |
| Financial income | 75/76B | €1,052 | €2,038 | +€986 | +93.7% |
| Recurring financial income | 75 | €1,052 | €2,038 | +€986 | +93.7% |
| Financial charges | 65/66B | €2,013 | €2,675 | +€663 | +32.9% |
| Recurring financial charges | 65 | €2,013 | €2,675 | +€663 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | -€352 | €17,676 | +€18,028 | |
| Income taxes | 67/77 | €2,878 | €7,412 | +€4,534 | +158% |
| Profit (loss) for the period | 9904 | -€3,230 | €10,264 | +€13,494 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,230 | €10,264 | +€13,494 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.