SMARTIQA SOLUTIONS: what changed
Two fiscal 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 SOLUTIONS
Largest movements
- Cash +€30,330
up €30,330 (+62.1%), from €48,876 to €79,206
mainly Net result for the year (+€74,991) and Other debts (+€66,545)
- Receivables within one year -€2,434
down €2,434 (-3.5%), from €68,738 to €66,304
of which Other amounts receivable: -€10,519
- Other debts +€66,545
up €66,545 (+4753.2%), from €1,400 to €67,945
- Profit (loss) carried forward -€35,309
down €35,309 (-99.8%), from €35,378 to €69
- Tax, wage and social debts -€4,523
down €4,523 (-9.2%), from €48,905 to €44,382
- Gross operating margin +€38,879
up €38,879 (+60.4%), from €64,322 to €103,201
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 | €119,836 | €146,300 | +€26,464 | +22.1% |
| Fixed assets | 21/28 | €1,373 | €130 | -€1,243 | -90.5% |
| Tangible fixed assets | 22/27 | €1,373 | €130 | -€1,243 | -90.5% |
| Plant, machinery and equipment | 23 | €1,373 | €130 | -€1,243 | -90.5% |
| Current assets | 29/58 | €118,464 | €146,170 | +€27,707 | +23.4% |
| Amounts receivable within one year | 40/41 | €68,738 | €66,304 | -€2,434 | -3.5% |
| Trade receivables | 40 | €58,219 | €66,304 | +€8,085 | +13.9% |
| Other amounts receivable | 41 | €10,519 | - | -€10,519 | |
| Cash at bank and in hand | 54/58 | €48,876 | €79,206 | +€30,330 | +62.1% |
| Deferred charges and accrued income | 490/1 | €850 | €660 | -€190 | -22.3% |
| Total equity and liabilities | 10/49 | €119,836 | €146,300 | +€26,464 | +22.1% |
| Equity | 10/15 | €67,246 | €31,937 | -€35,309 | -52.5% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Reserves | 13 | €30,568 | €30,568 | = | 0.0% |
| Distributable reserves | 133 | €30,568 | €30,568 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,378 | €69 | -€35,309 | -99.8% |
| Amounts payable | 17/49 | €52,590 | €114,363 | +€61,773 | +117.5% |
| Amounts payable within one year | 42/48 | €52,590 | €114,363 | +€61,773 | +117.5% |
| Trade debts | 44 | €2,285 | €2,036 | -€249 | -10.9% |
| Suppliers | 440/4 | €2,285 | €2,036 | -€249 | -10.9% |
| Taxes, remuneration and social security | 45 | €48,905 | €44,382 | -€4,523 | -9.2% |
| Taxes | 450/3 | €48,905 | €44,382 | -€4,523 | -9.2% |
| Other amounts payable | 47/48 | €1,400 | €67,945 | +€66,545 | +4753.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,113 | €1,243 | +€130 | +11.7% |
| Other operating charges | 640/8 | €1,710 | €1,196 | -€514 | -30.0% |
| Gross operating margin | 9900 | €64,322 | €103,201 | +€38,879 | +60.4% |
| Operating profit (loss) | 9901 | €61,500 | €100,762 | +€39,262 | +63.8% |
| Financial income | 75/76B | €250 | - | -€250 | |
| Recurring financial income | 75 | €250 | - | -€250 | |
| Financial charges | 65/66B | €152 | €115 | -€38 | -24.7% |
| Recurring financial charges | 65 | €152 | €115 | -€38 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €61,598 | €100,648 | +€39,050 | +63.4% |
| Income taxes | 67/77 | €26,219 | €25,657 | -€563 | -2.1% |
| Profit (loss) for the period | 9904 | €35,378 | €74,991 | +€39,613 | +112.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,378 | €74,991 | +€39,613 | +112.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.