SmartSpoken: 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.
SmartSpoken
Largest movements
- Cash +€793
up €793 (+18.4%), from €4,307 to €5,100
mainly Other debts (+€48,318) and Debts after one year (+€4,107)
- Profit (loss) carried forward -€51,215
down €51,215 (-4.7%), from -€1.1m to -€1.1m
- Other debts +€48,318
up €48,318 (+6.6%), from €731,359 to €779,678
- Debts after one year +€4,107
up €4,107 (+3.0%), from €136,901 to €141,008
- Trade debts -€365
down €365 (-2.8%), from €12,872 to €12,506
- Financial charges -€2,040
down €2,040 (-4.8%), from €42,577 to €40,537
- Other operating charges +€606
up €606 (+127.4%), from €476 to €1,081
- Gross operating margin -€355
down €355 (-3.8%), from -€9,242 to -€9,597
- Purchases and services +€355
up €355 (+3.8%), from €9,242 to €9,597
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 | €4,307 | €5,152 | +€845 | +19.6% |
| Current assets | 29/58 | €4,307 | €5,152 | +€845 | +19.6% |
| Cash at bank and in hand | 54/58 | €4,307 | €5,100 | +€793 | +18.4% |
| Deferred charges and accrued income | 490/1 | - | €52 | +€52 | |
| Total equity and liabilities | 10/49 | €4,307 | €5,152 | +€845 | +19.6% |
| Equity | 10/15 | -€876,825 | -€928,040 | -€51,215 | -5.8% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Capital | 10 | €218,600 | €218,600 | = | 0.0% |
| Issued capital | 100 | €218,600 | €218,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,095,425 | -€1,146,640 | -€51,215 | -4.7% |
| Amounts payable | 17/49 | €881,132 | €933,192 | +€52,060 | +5.9% |
| Amounts payable after more than one year | 17 | €136,901 | €141,008 | +€4,107 | +3.0% |
| Financial debts | 170/4 | €136,901 | €141,008 | +€4,107 | +3.0% |
| Amounts payable within one year | 42/48 | €744,231 | €792,184 | +€47,953 | +6.4% |
| Trade debts | 44 | €12,872 | €12,506 | -€365 | -2.8% |
| Suppliers | 440/4 | €12,872 | €12,506 | -€365 | -2.8% |
| Other amounts payable | 47/48 | €731,359 | €779,678 | +€48,318 | +6.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,242 | €9,597 | +€355 | +3.8% |
| Other operating charges | 640/8 | €476 | €1,081 | +€606 | +127.4% |
| Gross operating margin | 9900 | -€9,242 | -€9,597 | -€355 | -3.8% |
| Operating profit (loss) | 9901 | -€9,718 | -€10,678 | -€961 | -9.9% |
| Financial charges | 65/66B | €42,577 | €40,537 | -€2,040 | -4.8% |
| Recurring financial charges | 65 | €42,577 | €40,537 | -€2,040 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | -€52,295 | -€51,215 | +€1,079 | +2.1% |
| Profit (loss) for the period | 9904 | -€52,295 | -€51,215 | +€1,079 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,295 | -€51,215 | +€1,079 | +2.1% |
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 6 October 2026 via checked.be.