SmartWeb Consulting: 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.
SmartWeb Consulting
Largest movements
- Current investments +€48,781
new in 2025: €48,781
- Cash -€38,647
down €38,647 (-43.2%), from €89,551 to €50,905
mainly Contributions, distributions and other (-€82,022) and Current investments (-€48,781)
- Receivables within one year -€18,017
down €18,017 (-56.3%), from €32,016 to €13,999
of which Trade receivables: -€19,613
- Profit (loss) carried forward -€41,960
down €41,960 (-51.2%), from €82,022 to €40,062
- Other debts +€39,104
up €39,104 (+192155.7%), from €20 to €39,124
- Accrued charges and deferred income -€16,782
down €16,782 (-94.4%), from €17,782 to €1,000
- Tax, wage and social debts +€9,877
up €9,877 (+38.0%), from €25,966 to €35,843
- Current portion of long-term debt +€3,033
new in 2025: €3,033
- Financial charges +€1,795
up €1,795 (+163.5%), from €1,098 to €2,893
- Taxes -€1,623
down €1,623 (-13.5%), from €12,027 to €10,404
- Gross operating margin -€1,394
down €1,394 (-2.4%), from €58,790 to €57,396
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 | €128,859 | €121,812 | -€7,048 | -5.5% |
| Fixed assets | 21/28 | €7,292 | €8,127 | +€835 | +11.5% |
| Tangible fixed assets | 22/27 | €7,292 | €8,127 | +€835 | +11.5% |
| Land and buildings | 22 | €4,289 | €3,026 | -€1,264 | -29.5% |
| Plant, machinery and equipment | 23 | €3,003 | €5,102 | +€2,099 | +69.9% |
| Current assets | 29/58 | €121,567 | €113,684 | -€7,883 | -6.5% |
| Amounts receivable within one year | 40/41 | €32,016 | €13,999 | -€18,017 | -56.3% |
| Trade receivables | 40 | €32,016 | €12,403 | -€19,613 | -61.3% |
| Other amounts receivable | 41 | - | €1,596 | +€1,596 | |
| Current investments | 50/53 | - | €48,781 | +€48,781 | |
| Cash at bank and in hand | 54/58 | €89,551 | €50,905 | -€38,647 | -43.2% |
| Total equity and liabilities | 10/49 | €128,859 | €121,812 | -€7,048 | -5.5% |
| Equity | 10/15 | €84,772 | €42,812 | -€41,960 | -49.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,022 | €40,062 | -€41,960 | -51.2% |
| Amounts payable | 17/49 | €44,087 | €79,000 | +€34,912 | +79.2% |
| Amounts payable within one year | 42/48 | €26,305 | €78,000 | +€51,694 | +196.5% |
| Current portion of amounts payable after more than one year | 42 | - | €3,033 | +€3,033 | |
| Trade debts | 44 | €319 | - | -€319 | |
| Suppliers | 440/4 | €319 | - | -€319 | |
| Taxes, remuneration and social security | 45 | €25,966 | €35,843 | +€9,877 | +38.0% |
| Taxes | 450/3 | €25,966 | €35,843 | +€9,877 | +38.0% |
| Other amounts payable | 47/48 | €20 | €39,124 | +€39,104 | +192155.7% |
| Accrued charges and deferred income | 492/3 | €17,782 | €1,000 | -€16,782 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,069 | €3,204 | +€135 | +4.4% |
| Other operating charges | 640/8 | €1,164 | €833 | -€331 | -28.4% |
| Non-recurring operating charges | 66A | €1,583 | - | -€1,583 | |
| Gross operating margin | 9900 | €58,790 | €57,396 | -€1,394 | -2.4% |
| Operating profit (loss) | 9901 | €52,974 | €53,359 | +€385 | +0.7% |
| Financial charges | 65/66B | €1,098 | €2,893 | +€1,795 | +163.5% |
| Recurring financial charges | 65 | €1,098 | €2,893 | +€1,795 | +163.5% |
| Profit (loss) for the period before taxes | 9903 | €51,876 | €50,466 | -€1,410 | -2.7% |
| Income taxes | 67/77 | €12,027 | €10,404 | -€1,623 | -13.5% |
| Profit (loss) for the period | 9904 | €39,849 | €40,062 | +€213 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,849 | €40,062 | +€213 | +0.5% |
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 4 October 2026 via checked.be.