SMARTRETAILERS: 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.
SMARTRETAILERS
Largest movements
- Receivables after one year -€250,000
down €250,000 (-100%), from €250,000 to €0
of which Other amounts receivable: -€250,000
- Cash -€199,665
down €199,665 (-95.0%), from €210,098 to €10,433
mainly Net result for the year (-€450,704) and Trade debts (-€15,640)
- Receivables within one year -€21,552
down €21,552 (-99.3%), from €21,695 to €144
of which Trade receivables: -€20,472
- Profit (loss) carried forward -€450,704
down €450,704 (-20.1%), from -€2.2m to -€2.7m
- Trade debts -€15,640
down €15,640 (-81.8%), from €19,117 to €3,478
- Accrued charges and deferred income -€5,733
down €5,733 (-100%), from €5,733 to €0
- Other operating charges +€419,317
up €419,317 (+5,740%), from €7,305 to €426,623
- Staff costs -€155,901
down €155,901 (-99.1%), from €157,286 to €1,385
- Gross operating margin -€120,857
down €120,857, from €111,116 to -€9,742
- Financial income -€13,705
down €13,705 (-96.1%), from €14,255 to €550
of which Financial income: -€12,915
- Financial charges +€7,844
up €7,844 (+139%), from €5,659 to €13,504
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 | €488,105 | €12,395 | -€475,710 | -97.5% |
| Fixed assets | 21/28 | €1,818 | €1,818 | = | 0.0% |
| Financial fixed assets | 28 | €1,818 | €1,818 | = | 0.0% |
| Current assets | 29/58 | €486,287 | €10,577 | -€475,710 | -97.8% |
| Amounts receivable after more than one year | 29 | €250,000 | €0 | -€250,000 | -100% |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | €250,000 | - | -€250,000 | |
| Amounts receivable within one year | 40/41 | €21,695 | €144 | -€21,552 | -99.3% |
| Trade receivables | 40 | €20,472 | €0 | -€20,472 | -100% |
| Other amounts receivable | 41 | €1,223 | €144 | -€1,079 | -88.2% |
| Cash at bank and in hand | 54/58 | €210,098 | €10,433 | -€199,665 | -95.0% |
| Deferred charges and accrued income | 490/1 | €4,493 | €0 | -€4,493 | -100% |
| Total equity and liabilities | 10/49 | €488,105 | €12,395 | -€475,710 | -97.5% |
| Equity | 10/15 | €459,348 | €8,644 | -€450,704 | -98.1% |
| Contributions | 10/11 | €2,700,000 | €2,700,000 | = | 0.0% |
| Capital | 10 | €2,700,000 | €2,700,000 | = | 0.0% |
| Issued capital | 100 | €2,700,000 | €2,700,000 | = | 0.0% |
| Reserves | 13 | €1,200 | €1,200 | = | 0.0% |
| Distributable reserves | 133 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,241,852 | -€2,692,556 | -€450,704 | -20.1% |
| Amounts payable | 17/49 | €28,758 | €3,751 | -€25,006 | -87.0% |
| Amounts payable within one year | 42/48 | €23,025 | €3,751 | -€19,274 | -83.7% |
| Trade debts | 44 | €19,117 | €3,478 | -€15,640 | -81.8% |
| Suppliers | 440/4 | €19,117 | €3,478 | -€15,640 | -81.8% |
| Advances received on contracts in progress | 46 | €1,152 | - | -€1,152 | |
| Taxes, remuneration and social security | 45 | €2,673 | €273 | -€2,400 | -89.8% |
| Taxes | 450/3 | €1,967 | €273 | -€1,693 | -86.1% |
| Remuneration and social security | 454/9 | €707 | €0 | -€707 | -100% |
| Other amounts payable | 47/48 | €82 | €0 | -€82 | -100% |
| Accrued charges and deferred income | 492/3 | €5,733 | €0 | -€5,733 | -100% |
| Remuneration, social security and pensions | 62 | €157,286 | €1,385 | -€155,901 | -99.1% |
| Other operating charges | 640/8 | €7,305 | €426,623 | +€419,317 | +5,740% |
| Gross operating margin | 9900 | €111,116 | -€9,742 | -€120,857 | |
| Operating profit (loss) | 9901 | -€53,476 | -€437,750 | -€384,274 | -719% |
| Financial income | 75/76B | €14,255 | €550 | -€13,705 | -96.1% |
| Recurring financial income | 75 | €13,465 | €550 | -€12,915 | -95.9% |
| Non-recurring financial income | 76B | €790 | - | -€790 | |
| Financial charges | 65/66B | €5,659 | €13,504 | +€7,844 | +139% |
| Recurring financial charges | 65 | €5,659 | €13,504 | +€7,844 | +139% |
| Profit (loss) for the period before taxes | 9903 | -€44,881 | -€450,704 | -€405,823 | -904% |
| Profit (loss) for the period | 9904 | -€44,881 | -€450,704 | -€405,823 | -904% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,881 | -€450,704 | -€405,823 | -904% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.