SMARTLUKY: 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.
SMARTLUKY
Largest movements
- Cash +€73,926
up €73,926 (+513.7%), from €14,392 to €88,318
mainly Receivables within one year (+€48,481) and Net result for the year (+€32,980)
- Receivables within one year -€48,481
down €48,481 (-78.0%), from €62,172 to €13,692
of which Other amounts receivable: -€28,261
- Tangible fixed assets +€17,674
up €17,674 (+7.7%), from €230,213 to €247,886
of which Land and buildings: +€39,320
- Deferred charges and accrued income -€6,500
no longer reported in 2025 (was €6,500)
- Reserves +€32,980
up €32,980 (+76.0%), from €43,404 to €76,384
- Tax, wage and social debts +€13,736
up €13,736 (+264.5%), from €5,193 to €18,930
- Trade debts -€6,530
down €6,530 (-51.9%), from €12,574 to €6,044
- Debts after one year -€5,433
down €5,433 (-3.0%), from €180,473 to €175,040
- Current portion of long-term debt +€4,999
up €4,999 (+17.4%), from €28,746 to €33,745
- Gross operating margin +€33,121
up €33,121 (+55.9%), from €59,276 to €92,398
- Taxes +€11,835
up €11,835 (+154.2%), from €7,675 to €19,510
- Depreciation +€5,348
up €5,348 (+22.6%), from €23,624 to €28,972
- Financial charges +€1,874
up €1,874 (+24.5%), from €7,663 to €9,538
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 | €313,627 | €350,246 | +€36,619 | +11.7% |
| Fixed assets | 21/28 | €230,213 | €247,886 | +€17,674 | +7.7% |
| Tangible fixed assets | 22/27 | €230,213 | €247,886 | +€17,674 | +7.7% |
| Land and buildings | 22 | €143,749 | €183,069 | +€39,320 | +27.4% |
| Plant, machinery and equipment | 23 | €180 | €1,901 | +€1,721 | +956.4% |
| Furniture and vehicles | 24 | €56,839 | €35,347 | -€21,492 | -37.8% |
| Leasing and similar rights | 25 | €29,445 | €27,570 | -€1,875 | -6.4% |
| Current assets | 29/58 | €83,414 | €102,359 | +€18,946 | +22.7% |
| Stocks and contracts in progress | 3 | €350 | €350 | = | 0.0% |
| Stocks | 30/36 | €350 | €350 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,172 | €13,692 | -€48,481 | -78.0% |
| Trade receivables | 40 | €33,846 | €13,627 | -€20,219 | -59.7% |
| Other amounts receivable | 41 | €28,326 | €65 | -€28,261 | -99.8% |
| Cash at bank and in hand | 54/58 | €14,392 | €88,318 | +€73,926 | +513.7% |
| Deferred charges and accrued income | 490/1 | €6,500 | - | -€6,500 | |
| Total equity and liabilities | 10/49 | €313,627 | €350,246 | +€36,619 | +11.7% |
| Equity | 10/15 | €62,004 | €94,984 | +€32,980 | +53.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,404 | €76,384 | +€32,980 | +76.0% |
| Distributable reserves | 133 | €43,404 | €76,384 | +€32,980 | +76.0% |
| Amounts payable | 17/49 | €251,623 | €255,262 | +€3,639 | +1.4% |
| Amounts payable after more than one year | 17 | €180,473 | €175,040 | -€5,433 | -3.0% |
| Financial debts | 170/4 | €180,473 | €175,040 | -€5,433 | -3.0% |
| Amounts payable within one year | 42/48 | €71,149 | €80,222 | +€9,072 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €28,746 | €33,745 | +€4,999 | +17.4% |
| Trade debts | 44 | €12,574 | €6,044 | -€6,530 | -51.9% |
| Suppliers | 440/4 | €12,574 | €6,044 | -€6,530 | -51.9% |
| Taxes, remuneration and social security | 45 | €5,193 | €18,930 | +€13,736 | +264.5% |
| Taxes | 450/3 | €5,193 | €18,930 | +€13,736 | +264.5% |
| Other amounts payable | 47/48 | €24,636 | €21,503 | -€3,133 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,624 | €28,972 | +€5,348 | +22.6% |
| Other operating charges | 640/8 | €2,160 | €1,563 | -€597 | -27.6% |
| Non-recurring operating charges | 66A | €1,069 | - | -€1,069 | |
| Gross operating margin | 9900 | €59,276 | €92,398 | +€33,121 | +55.9% |
| Operating profit (loss) | 9901 | €32,423 | €61,863 | +€29,439 | +90.8% |
| Financial income | 75/76B | €8 | €165 | +€157 | +1917.0% |
| Recurring financial income | 75 | €8 | €165 | +€157 | +1917.0% |
| Financial charges | 65/66B | €7,663 | €9,538 | +€1,874 | +24.5% |
| Recurring financial charges | 65 | €7,663 | €9,538 | +€1,874 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €24,768 | €52,490 | +€27,722 | +111.9% |
| Income taxes | 67/77 | €7,675 | €19,510 | +€11,835 | +154.2% |
| Profit (loss) for the period | 9904 | €17,093 | €32,980 | +€15,887 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,093 | €32,980 | +€15,887 | +92.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.