SMARTSTEVENVETS CONSULTANCY: 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.
SMARTSTEVENVETS CONSULTANCY
Largest movements
- Cash +€40,425
up €40,425 (+126%), from €32,025 to €72,449
mainly Net result for the year (+€37,363) and Tax, wage and social debts (+€10,609)
- Receivables within one year -€1,304
down €1,304 (-13.2%), from €9,906 to €8,602
of which Trade receivables: -€6,483
- Reserves +€37,363
up €37,363 (+157%), from €23,827 to €61,190
- Advances received -€11,510
no longer reported in 2025 (was €11,510)
- Tax, wage and social debts +€10,609
up €10,609 (+114%), from €9,278 to €19,888
of which Taxes: +€10,589
- Trade debts +€2,171
up €2,171 (+1,647%), from €132 to €2,302
- Gross operating margin +€22,664
up €22,664 (+68.3%), from €33,165 to €55,829
- Taxes +€7,047
up €7,047 (+97.3%), from €7,242 to €14,289
- Financial charges +€1,134
up €1,134 (+90.0%), from €1,261 to €2,395
- Depreciation +€683
up €683 (+143%), from €477 to €1,160
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 | €46,747 | €85,380 | +€38,633 | +82.6% |
| Fixed assets | 21/28 | €4,817 | €4,329 | -€488 | -10.1% |
| Tangible fixed assets | 22/27 | €4,817 | €4,329 | -€488 | -10.1% |
| Plant, machinery and equipment | 23 | €4,817 | €3,758 | -€1,059 | -22.0% |
| Furniture and vehicles | 24 | - | €571 | +€571 | |
| Current assets | 29/58 | €41,931 | €81,052 | +€39,121 | +93.3% |
| Amounts receivable within one year | 40/41 | €9,906 | €8,602 | -€1,304 | -13.2% |
| Trade receivables | 40 | €9,800 | €3,317 | -€6,483 | -66.2% |
| Other amounts receivable | 41 | €106 | €5,285 | +€5,179 | +4,886% |
| Cash at bank and in hand | 54/58 | €32,025 | €72,449 | +€40,425 | +126% |
| Total equity and liabilities | 10/49 | €46,747 | €85,380 | +€38,633 | +82.6% |
| Equity | 10/15 | €25,827 | €63,190 | +€37,363 | +145% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,827 | €61,190 | +€37,363 | +157% |
| Distributable reserves | 133 | €23,827 | €61,190 | +€37,363 | +157% |
| Amounts payable | 17/49 | €20,920 | €22,190 | +€1,270 | +6.1% |
| Amounts payable within one year | 42/48 | €20,920 | €22,190 | +€1,270 | +6.1% |
| Trade debts | 44 | €132 | €2,302 | +€2,171 | +1,647% |
| Suppliers | 440/4 | €132 | €2,302 | +€2,171 | +1,647% |
| Advances received on contracts in progress | 46 | €11,510 | - | -€11,510 | |
| Taxes, remuneration and social security | 45 | €9,278 | €19,888 | +€10,609 | +114% |
| Taxes | 450/3 | €9,244 | €19,833 | +€10,589 | +115% |
| Remuneration and social security | 454/9 | €35 | €55 | +€20 | +57.9% |
| Remuneration, social security and pensions | 62 | - | €226 | +€226 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | €1,160 | +€683 | +143% |
| Other operating charges | 640/8 | €100 | €396 | +€296 | +296% |
| Gross operating margin | 9900 | €33,165 | €55,829 | +€22,664 | +68.3% |
| Operating profit (loss) | 9901 | €32,588 | €54,047 | +€21,459 | +65.9% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €1,261 | €2,395 | +€1,134 | +90.0% |
| Recurring financial charges | 65 | €1,261 | €2,395 | +€1,134 | +90.0% |
| Profit (loss) for the period before taxes | 9903 | €31,332 | €51,652 | +€20,320 | +64.9% |
| Income taxes | 67/77 | €7,242 | €14,289 | +€7,047 | +97.3% |
| Profit (loss) for the period | 9904 | €24,090 | €37,363 | +€13,273 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,090 | €37,363 | +€13,273 | +55.1% |
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 29 October 2026 via checked.be.