Smartiqa Consulting: 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.
Smartiqa Consulting
Largest movements
- Cash +€17,175
up €17,175 (+45.4%), from €37,840 to €55,015
mainly Trade debts (+€26,124) and Receivables within one year (+€16,618)
- Receivables within one year -€16,618
down €16,618 (-24.4%), from €68,134 to €51,516
of which Trade receivables: -€29,885
- Deferred charges and accrued income -€3,815
down €3,815 (-52.8%), from €7,224 to €3,409
- Trade debts +€26,124
up €26,124 (+45.3%), from €57,723 to €83,847
- Tax, wage and social debts -€20,649
down €20,649 (-57.3%), from €36,052 to €15,404
of which Remuneration and social security: -€20,673
- Profit (loss) carried forward -€8,733
down €8,733 (-40.8%), from €21,413 to €12,680
- Gross operating margin -€212,192
down €212,192 (-66.1%), from €320,783 to €108,591
- Staff costs -€171,649
down €171,649 (-59.7%), from €287,597 to €115,948
- Taxes -€9,654
down €9,654 (-90.4%), from €10,678 to €1,024
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 | €116,588 | €113,331 | -€3,257 | -2.8% |
| Fixed assets | 21/28 | €3,390 | €3,390 | = | 0.0% |
| Financial fixed assets | 28 | €3,390 | €3,390 | = | 0.0% |
| Current assets | 29/58 | €113,198 | €109,941 | -€3,257 | -2.9% |
| Amounts receivable within one year | 40/41 | €68,134 | €51,516 | -€16,618 | -24.4% |
| Trade receivables | 40 | €61,136 | €31,250 | -€29,885 | -48.9% |
| Other amounts receivable | 41 | €6,998 | €20,266 | +€13,268 | +190% |
| Cash at bank and in hand | 54/58 | €37,840 | €55,015 | +€17,175 | +45.4% |
| Deferred charges and accrued income | 490/1 | €7,224 | €3,409 | -€3,815 | -52.8% |
| Total equity and liabilities | 10/49 | €116,588 | €113,331 | -€3,257 | -2.8% |
| Equity | 10/15 | €22,813 | €14,080 | -€8,733 | -38.3% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,413 | €12,680 | -€8,733 | -40.8% |
| Amounts payable | 17/49 | €93,775 | €99,251 | +€5,476 | +5.8% |
| Amounts payable within one year | 42/48 | €93,775 | €99,251 | +€5,476 | +5.8% |
| Trade debts | 44 | €57,723 | €83,847 | +€26,124 | +45.3% |
| Suppliers | 440/4 | €57,723 | €83,847 | +€26,124 | +45.3% |
| Taxes, remuneration and social security | 45 | €36,052 | €15,404 | -€20,649 | -57.3% |
| Taxes | 450/3 | €5,678 | €5,703 | +€24 | +0.4% |
| Remuneration and social security | 454/9 | €30,374 | €9,701 | -€20,673 | -68.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €287,597 | €115,948 | -€171,649 | -59.7% |
| Other operating charges | 640/8 | €1,004 | €400 | -€605 | -60.2% |
| Gross operating margin | 9900 | €320,783 | €108,591 | -€212,192 | -66.1% |
| Operating profit (loss) | 9901 | €32,181 | -€7,756 | -€39,938 | |
| Financial income | 75/76B | €1 | €189 | +€188 | +23,491% |
| Recurring financial income | 75 | €1 | €189 | +€188 | +23,491% |
| Financial charges | 65/66B | €550 | €141 | -€409 | -74.4% |
| Recurring financial charges | 65 | €550 | €141 | -€409 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €31,632 | -€7,708 | -€39,340 | |
| Income taxes | 67/77 | €10,678 | €1,024 | -€9,654 | -90.4% |
| Profit (loss) for the period | 9904 | €20,953 | -€8,733 | -€29,686 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,953 | -€8,733 | -€29,686 |
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 24 October 2026 via checked.be.