SMARTOYS: 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.
What changed
SMARTOYS
NACE 47.640, Retail sale of games and toys
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176,462
2024 · €33,809+€142,653
Equity
€653,779
2024 · €167,317+€486,462
Cash
€213,115
2024 · €180,385+€32,729
Balance sheet total
€2.3m
2024 · €2.1m+€200,070
Largest movements
Assets
- Deferred charges and accrued income +€225,819
up €225,819 (+1028.4%), from €21,959 to €247,778
- Tangible fixed assets +€84,226
up €84,226 (+17.2%), from €489,426 to €573,651
of which Land and buildings: +€140,109
- Receivables within one year -€66,942
down €66,942 (-20.0%), from €334,561 to €267,619
of which Trade receivables: -€82,103
- Stocks and contracts -€65,581
down €65,581 (-6.4%), from €1.0m to €958,727
- Cash +€32,729
up €32,729 (+18.1%), from €180,385 to €213,115
mainly Contributions, distributions and other (+€310,000) and Net result for the year (+€176,462)
Equity and liabilities
- Revaluation surpluses +€310,000
new in 2025: €310,000
- Trade debts -€246,124
down €246,124 (-20.5%), from €1.2m to €955,596
- Profit (loss) carried forward +€176,462
up €176,462, from -€24,933 to €151,529
- Tax, wage and social debts -€44,604
down €44,604 (-30.2%), from €147,553 to €102,950
of which Remuneration and social security: -€24,206
- Accrued charges and deferred income +€30,667
up €30,667 (+670.3%), from €4,575 to €35,242
Income statement
- Goods and materials -€3.4m
down €3.4m (-48.6%), from €6.9m to €3.6m
of which Purchases: -€2.8m
- Turnover -€3.3m
down €3.3m (-38.9%), from €8.6m to €5.2m
- Other operating income -€494,795
down €494,795 (-76.6%), from €645,981 to €151,186
- Staff costs -€385,633
down €385,633 (-33.5%), from €1.2m to €765,030
- Services and other goods -€267,105
down €267,105 (-29.6%), from €903,486 to €636,380
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.
Result 2024
€33,809
Turnover
-€3.3m
Other operating income
-€494,795
Goods and materials
+€3.4m
Services and other goods
+€267,105
Staff costs
+€385,633
Depreciation
+€35,900
Write-downs
-€92,425
Other operating charges
+€482
Financial income
-€829
Financial charges
+€5,603
Taxes
+€158
Result 2025
€176,462
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.
From operations
-€113,325
Investment
-€128,252
Financing
+€274,306
Cash 2024
€180,385
From operations (derived)
-€113,325
Net result for the year
+€176,462
Depreciation
+€54,207
Stocks and contracts
+€65,581
Receivables within one year
+€66,942
Deferred charges and accrued income
-€225,819
Trade debts
-€246,124
Tax, wage and social debts
-€44,604
Other debts
+€9,363
Accrued charges and deferred income
+€30,667
Investment (derived)
-€128,252
Investment in fixed assets (net)
-€128,252
Financing
+€274,306
Debts after one year
-€19,973
Current portion of long-term debt
-€15,720
Contributions, distributions and other
+€310,000
Cash 2025
€213,115
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,083,041 | €2,283,110 | +€200,070 | +9.6% |
| Fixed assets | 21/28 | €521,827 | €595,872 | +€74,046 | +14.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €489,426 | €573,651 | +€84,226 | +17.2% |
| Land and buildings | 22 | €387,310 | €527,419 | +€140,109 | +36.2% |
| Furniture and vehicles | 24 | €24,888 | €9,414 | -€15,475 | -62.2% |
| Leasing and similar rights | 25 | €21,658 | €14,031 | -€7,627 | -35.2% |
| Other tangible fixed assets | 26 | €55,569 | €22,787 | -€32,781 | -59.0% |
| Financial fixed assets | 28 | €32,401 | €22,221 | -€10,180 | -31.4% |
| Companies linked by participating interests | 282/3 | €1,300 | - | -€1,300 | |
| Participating interests | 282 | €1,300 | - | -€1,300 | |
| Other financial fixed assets | 284/8 | €31,101 | €22,221 | -€8,880 | -28.6% |
| Amounts receivable and cash guarantees | 285/8 | €31,101 | €22,221 | -€8,880 | -28.6% |
| Current assets | 29/58 | €1,561,214 | €1,687,238 | +€126,024 | +8.1% |
| Stocks and contracts in progress | 3 | €1,024,309 | €958,727 | -€65,581 | -6.4% |
| Stocks | 30/36 | €1,024,309 | €958,727 | -€65,581 | -6.4% |
| Goods purchased for resale | 34 | €1,024,309 | €958,727 | -€65,581 | -6.4% |
| Amounts receivable within one year | 40/41 | €334,561 | €267,619 | -€66,942 | -20.0% |
| Trade receivables | 40 | €314,587 | €232,483 | -€82,103 | -26.1% |
| Other amounts receivable | 41 | €19,975 | €35,136 | +€15,161 | +75.9% |
| Cash at bank and in hand | 54/58 | €180,385 | €213,115 | +€32,729 | +18.1% |
| Deferred charges and accrued income | 490/1 | €21,959 | €247,778 | +€225,819 | +1028.4% |
| Total equity and liabilities | 10/49 | €2,083,041 | €2,283,110 | +€200,070 | +9.6% |
| Equity | 10/15 | €167,317 | €653,779 | +€486,462 | +290.7% |
| Contributions | 10/11 | €123,500 | €123,500 | = | 0.0% |
| Capital | 10 | €123,500 | €123,500 | = | 0.0% |
| Issued capital | 100 | €123,500 | €123,500 | = | 0.0% |
| Revaluation surpluses | 12 | - | €310,000 | +€310,000 | |
| Reserves | 13 | €68,750 | €68,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,933 | €151,529 | +€176,462 | |
| Amounts payable | 17/49 | €1,915,724 | €1,629,332 | -€286,392 | -14.9% |
| Amounts payable after more than one year | 17 | €26,182 | €6,208 | -€19,973 | -76.3% |
| Financial debts | 170/4 | €26,182 | €6,208 | -€19,973 | -76.3% |
| Credit institutions | 173 | €26,182 | €6,208 | -€19,973 | -76.3% |
| Amounts payable within one year | 42/48 | €1,884,967 | €1,587,882 | -€297,086 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €35,694 | €19,973 | -€15,720 | -44.0% |
| Financial debts | 43 | €500,000 | €500,000 | = | 0.0% |
| Credit institutions | 430/8 | €500,000 | €500,000 | = | 0.0% |
| Trade debts | 44 | €1,201,720 | €955,596 | -€246,124 | -20.5% |
| Suppliers | 440/4 | €1,201,720 | €955,596 | -€246,124 | -20.5% |
| Taxes, remuneration and social security | 45 | €147,553 | €102,950 | -€44,604 | -30.2% |
| Taxes | 450/3 | €42,642 | €22,245 | -€20,397 | -47.8% |
| Remuneration and social security | 454/9 | €104,911 | €80,705 | -€24,206 | -23.1% |
| Other amounts payable | 47/48 | - | €9,363 | +€9,363 | |
| Accrued charges and deferred income | 492/3 | €4,575 | €35,242 | +€30,667 | +670.3% |
| Operating income | 70/76A | €9,218,296 | €5,388,586 | -€3.8m | -41.5% |
| Turnover | 70 | €8,572,315 | €5,237,399 | -€3.3m | -38.9% |
| Other operating income | 74 | €645,981 | €151,186 | -€494,795 | -76.6% |
| Operating charges | 60/66A | €9,087,290 | €5,119,859 | -€4.0m | -43.7% |
| Goods for resale, raw materials and consumables | 60 | €6,932,045 | €3,561,308 | -€3.4m | -48.6% |
| Purchases | 600/8 | €6,309,062 | €3,495,727 | -€2.8m | -44.6% |
| Change in stocks: decrease (increase) | 609 | €622,983 | €65,581 | -€557,401 | -89.5% |
| Services and other goods | 61 | €903,486 | €636,380 | -€267,105 | -29.6% |
| Remuneration, social security and pensions | 62 | €1,150,663 | €765,030 | -€385,633 | -33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,106 | €54,207 | -€35,900 | -39.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €92,425 | +€92,425 | |
| Other operating charges | 640/8 | €10,991 | €10,509 | -€482 | -4.4% |
| Operating profit (loss) | 9901 | €131,006 | €268,726 | +€137,720 | +105.1% |
| Financial income | 75/76B | €1,742 | €913 | -€829 | -47.6% |
| Recurring financial income | 75 | €1,742 | €913 | -€829 | -47.6% |
| Income from current assets | 751 | €91 | €690 | +€599 | +657.9% |
| Other financial income | 752/9 | €1,651 | €223 | -€1,428 | -86.5% |
| Financial charges | 65/66B | €98,358 | €92,755 | -€5,603 | -5.7% |
| Recurring financial charges | 65 | €96,988 | €92,724 | -€4,264 | -4.4% |
| Debt charges | 650 | €96,988 | €92,724 | -€4,264 | -4.4% |
| Non-recurring financial charges | 66B | €1,371 | €31 | -€1,339 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | €34,390 | €176,884 | +€142,495 | +414.4% |
| Income taxes | 67/77 | €581 | €423 | -€158 | -27.2% |
| Taxes | 670/3 | €581 | €423 | -€158 | -27.2% |
| Profit (loss) for the period | 9904 | €33,809 | €176,462 | +€142,653 | +421.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,809 | €176,462 | +€142,653 | +421.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.