SmartSense: 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.
SmartSense
Largest movements
- Deferred charges and accrued income +€7,639
up €7,639 (+73.9%), from €10,340 to €17,980
- Receivables within one year +€4,771
up €4,771 (+3.6%), from €132,375 to €137,146
of which Other amounts receivable: +€137,146
- Profit (loss) carried forward +€14,359
up €14,359 (+13.2%), from €108,613 to €122,973
- Gross operating margin -€37,238
down €37,238 (-66.9%), from €55,666 to €18,428
- Taxes -€9,149
down €9,149 (-49.7%), from €18,394 to €9,245
- Staff costs -€2,191
no longer reported in 2025 (was €2,191)
- Financial charges -€919
down €919 (-70.1%), from €1,312 to €392
- Financial income -€639
down €639 (-7.7%), from €8,281 to €7,641
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 | €144,660 | €156,954 | +€12,293 | +8.5% |
| Fixed assets | 21/28 | €653 | €280 | -€373 | -57.1% |
| Tangible fixed assets | 22/27 | €653 | €280 | -€373 | -57.1% |
| Furniture and vehicles | 24 | €653 | €280 | -€373 | -57.1% |
| Current assets | 29/58 | €144,007 | €156,674 | +€12,667 | +8.8% |
| Amounts receivable within one year | 40/41 | €132,375 | €137,146 | +€4,771 | +3.6% |
| Trade receivables | 40 | €132,375 | - | -€132,375 | |
| Other amounts receivable | 41 | - | €137,146 | +€137,146 | |
| Cash at bank and in hand | 54/58 | €1,291 | €1,548 | +€256 | +19.9% |
| Deferred charges and accrued income | 490/1 | €10,340 | €17,980 | +€7,639 | +73.9% |
| Total equity and liabilities | 10/49 | €144,660 | €156,954 | +€12,293 | +8.5% |
| Equity | 10/15 | €111,613 | €125,973 | +€14,359 | +12.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,613 | €122,973 | +€14,359 | +13.2% |
| Amounts payable | 17/49 | €33,047 | €30,981 | -€2,066 | -6.3% |
| Amounts payable within one year | 42/48 | €33,047 | €30,981 | -€2,066 | -6.3% |
| Trade debts | 44 | €743 | - | -€743 | |
| Suppliers | 440/4 | €743 | - | -€743 | |
| Taxes, remuneration and social security | 45 | €32,304 | €30,981 | -€1,323 | -4.1% |
| Taxes | 450/3 | €32,304 | €30,981 | -€1,323 | -4.1% |
| Remuneration, social security and pensions | 62 | €2,191 | - | -€2,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €373 | €373 | = | 0.0% |
| Other operating charges | 640/8 | €1,350 | €1,699 | +€349 | +25.9% |
| Gross operating margin | 9900 | €55,666 | €18,428 | -€37,238 | -66.9% |
| Operating profit (loss) | 9901 | €51,752 | €16,356 | -€35,396 | -68.4% |
| Financial income | 75/76B | €8,281 | €7,641 | -€639 | -7.7% |
| Recurring financial income | 75 | €8,281 | €7,641 | -€639 | -7.7% |
| Financial charges | 65/66B | €1,312 | €392 | -€919 | -70.1% |
| Recurring financial charges | 65 | €1,312 | €392 | -€919 | -70.1% |
| Profit (loss) for the period before taxes | 9903 | €58,720 | €23,605 | -€35,116 | -59.8% |
| Income taxes | 67/77 | €18,394 | €9,245 | -€9,149 | -49.7% |
| Profit (loss) for the period | 9904 | €40,326 | €14,359 | -€25,967 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,326 | €14,359 | -€25,967 | -64.4% |
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 18 October 2026 via checked.be.