SmartLife Concept: 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.
SmartLife Concept
Largest movements
- Receivables within one year +€10,941
up €10,941 (+192%), from €5,702 to €16,643
of which Trade receivables: +€10,941
- Cash +€9,006
up €9,006 (+69.4%), from €12,978 to €21,985
mainly Net result for the year (+€13,966) and Tax, wage and social debts (+€4,379)
- Profit (loss) carried forward +€13,966
up €13,966, from -€5,999 to €7,967
- Tax, wage and social debts +€4,379
up €4,379 (+95.3%), from €4,593 to €8,973
of which Taxes: +€2,369
- Trade debts +€1,796
up €1,796 (+80.9%), from €2,222 to €4,018
- Gross operating margin +€17,704
up €17,704 (+149%), from €11,920 to €29,624
- Staff costs +€10,630
new in 2025: €10,630
- Taxes +€3,801
up €3,801 (+2,724%), from €140 to €3,940
- Other operating charges -€368
no longer reported in 2025 (was €368)
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 | €20,055 | €40,331 | +€20,277 | +101% |
| Fixed assets | 21/28 | €1,374 | €1,622 | +€248 | +18.0% |
| Tangible fixed assets | 22/27 | €1,002 | €1,100 | +€98 | +9.7% |
| Furniture and vehicles | 24 | €1,002 | €1,100 | +€98 | +9.7% |
| Financial fixed assets | 28 | €372 | €522 | +€150 | +40.3% |
| Current assets | 29/58 | €18,680 | €38,709 | +€20,029 | +107% |
| Amounts receivable within one year | 40/41 | €5,702 | €16,643 | +€10,941 | +192% |
| Trade receivables | 40 | €5,445 | €16,386 | +€10,941 | +201% |
| Other amounts receivable | 41 | €257 | €257 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,978 | €21,985 | +€9,006 | +69.4% |
| Deferred charges and accrued income | 490/1 | - | €81 | +€81 | |
| Total equity and liabilities | 10/49 | €20,055 | €40,331 | +€20,277 | +101% |
| Equity | 10/15 | €8,056 | €22,022 | +€13,966 | +173% |
| Contributions | 10/11 | €14,055 | €14,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,999 | €7,967 | +€13,966 | |
| Amounts payable | 17/49 | €11,998 | €18,309 | +€6,311 | +52.6% |
| Amounts payable within one year | 42/48 | €11,998 | €18,124 | +€6,125 | +51.1% |
| Trade debts | 44 | €2,222 | €4,018 | +€1,796 | +80.9% |
| Suppliers | 440/4 | €2,222 | €4,018 | +€1,796 | +80.9% |
| Taxes, remuneration and social security | 45 | €4,593 | €8,973 | +€4,379 | +95.3% |
| Taxes | 450/3 | €4,593 | €6,962 | +€2,369 | +51.6% |
| Remuneration and social security | 454/9 | - | €2,010 | +€2,010 | |
| Other amounts payable | 47/48 | €5,183 | €5,133 | -€50 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €186 | +€186 | |
| Remuneration, social security and pensions | 62 | - | €10,630 | +€10,630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €822 | €921 | +€99 | +12.0% |
| Other operating charges | 640/8 | €368 | - | -€368 | |
| Gross operating margin | 9900 | €11,920 | €29,624 | +€17,704 | +149% |
| Operating profit (loss) | 9901 | €10,730 | €18,073 | +€7,343 | +68.4% |
| Financial income | 75/76B | €0 | €11 | +€11 | +13,888% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +13,888% |
| Financial charges | 65/66B | €230 | €179 | -€51 | -22.2% |
| Recurring financial charges | 65 | €230 | €179 | -€51 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €10,500 | €17,906 | +€7,405 | +70.5% |
| Income taxes | 67/77 | €140 | €3,940 | +€3,801 | +2,724% |
| Profit (loss) for the period | 9904 | €10,361 | €13,966 | +€3,605 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,361 | €13,966 | +€3,605 | +34.8% |
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 16 October 2026 via checked.be.