SmarTIC: 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.
SmarTIC
Largest movements
- Receivables within one year +€6,544
up €6,544 (+68.6%), from €9,539 to €16,082
of which Trade receivables: +€6,148
- Other debts +€7,314
up €7,314 (+8.5%), from €85,965 to €93,279
- Tax, wage and social debts -€4,627
down €4,627 (-34.6%), from €13,388 to €8,760
- Trade debts +€2,193
up €2,193 (+391%), from €561 to €2,755
- Gross operating margin +€7,538
up €7,538 (+8.3%), from €90,824 to €98,362
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 | €102,914 | €107,794 | +€4,880 | +4.7% |
| Fixed assets | 21/28 | €3,025 | €2,051 | -€974 | -32.2% |
| Tangible fixed assets | 22/27 | €3,025 | €2,051 | -€974 | -32.2% |
| Furniture and vehicles | 24 | €813 | €1,666 | +€853 | +105% |
| Leasing and similar rights | 25 | €2,212 | €385 | -€1,826 | -82.6% |
| Current assets | 29/58 | €99,889 | €105,742 | +€5,854 | +5.9% |
| Amounts receivable within one year | 40/41 | €9,539 | €16,082 | +€6,544 | +68.6% |
| Trade receivables | 40 | €9,534 | €15,682 | +€6,148 | +64.5% |
| Other amounts receivable | 41 | €5 | €401 | +€396 | +7,885% |
| Cash at bank and in hand | 54/58 | €89,066 | €88,700 | -€366 | -0.4% |
| Deferred charges and accrued income | 490/1 | €1,284 | €960 | -€324 | -25.2% |
| Total equity and liabilities | 10/49 | €102,914 | €107,794 | +€4,880 | +4.7% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €99,914 | €104,794 | +€4,880 | +4.9% |
| Amounts payable within one year | 42/48 | €99,914 | €104,794 | +€4,880 | +4.9% |
| Trade debts | 44 | €561 | €2,755 | +€2,193 | +391% |
| Suppliers | 440/4 | €561 | €2,755 | +€2,193 | +391% |
| Taxes, remuneration and social security | 45 | €13,388 | €8,760 | -€4,627 | -34.6% |
| Taxes | 450/3 | €13,388 | €8,760 | -€4,627 | -34.6% |
| Other amounts payable | 47/48 | €85,965 | €93,279 | +€7,314 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,187 | €2,749 | +€563 | +25.7% |
| Other operating charges | 640/8 | €989 | €1,023 | +€34 | +3.4% |
| Gross operating margin | 9900 | €90,824 | €98,362 | +€7,538 | +8.3% |
| Operating profit (loss) | 9901 | €87,648 | €94,589 | +€6,941 | +7.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +300% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300% |
| Financial charges | 65/66B | €1,423 | €1,208 | -€215 | -15.1% |
| Recurring financial charges | 65 | €1,423 | €1,208 | -€215 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €86,225 | €93,382 | +€7,157 | +8.3% |
| Income taxes | 67/77 | €24,304 | €24,104 | -€200 | -0.8% |
| Profit (loss) for the period | 9904 | €61,920 | €69,277 | +€7,357 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,920 | €69,277 | +€7,357 | +11.9% |
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 27 October 2026 via checked.be.