Smartlink Labs: 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.
Smartlink Labs
Largest movements
- Cash -€544
down €544 (-93.2%), from €584 to €40
mainly Net result for the year (-€610) and Receivables within one year (-€278)
- Receivables within one year +€278
up €278 (+2.0%), from €14,225 to €14,504
- Profit (loss) carried forward -€610
down €610 (-9.1%), from -€6,671 to -€7,281
- Trade debts +€345
up €345 (+25.0%), from €1,380 to €1,725
- Other operating charges +€414
up €414 (+79.7%), from €519 to €933
- Financial income -€88
down €88 (-10.1%), from €866 to €778
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 | €14,809 | €14,543 | -€265 | -1.8% |
| Current assets | 29/58 | €14,809 | €14,543 | -€265 | -1.8% |
| Amounts receivable within one year | 40/41 | €14,225 | €14,504 | +€278 | +2.0% |
| Other amounts receivable | 41 | €14,225 | €14,504 | +€278 | +2.0% |
| Cash at bank and in hand | 54/58 | €584 | €40 | -€544 | -93.2% |
| Total equity and liabilities | 10/49 | €14,809 | €14,543 | -€265 | -1.8% |
| Equity | 10/15 | €13,429 | €12,819 | -€610 | -4.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,671 | -€7,281 | -€610 | -9.1% |
| Amounts payable | 17/49 | €1,380 | €1,725 | +€345 | +25.0% |
| Amounts payable within one year | 42/48 | €1,380 | €1,725 | +€345 | +25.0% |
| Trade debts | 44 | €1,380 | €1,725 | +€345 | +25.0% |
| Suppliers | 440/4 | €1,380 | €1,725 | +€345 | +25.0% |
| Other operating charges | 640/8 | €519 | €933 | +€414 | +79.7% |
| Gross operating margin | 9900 | -€409 | -€411 | -€2 | -0.5% |
| Operating profit (loss) | 9901 | -€928 | -€1,344 | -€416 | -44.8% |
| Financial income | 75/76B | €866 | €778 | -€88 | -10.1% |
| Recurring financial income | 75 | €866 | €778 | -€88 | -10.1% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€105 | -€610 | -€505 | -480.2% |
| Profit (loss) for the period | 9904 | -€105 | -€610 | -€505 | -480.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€105 | -€610 | -€505 | -480.2% |
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 4 October 2026 via checked.be.