SMARTYOU: 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.
SMARTYOU
Largest movements
- Cash +€314,393
up €314,393 (+255%), from €123,339 to €437,732
mainly Net result for the year (+€269,422) and Accrued charges and deferred income (+€257,690)
- Deferred charges and accrued income +€189,238
up €189,238 (+10,218%), from €1,852 to €191,090
- Receivables within one year +€76,674
up €76,674 (+238%), from €32,192 to €108,866
of which Trade receivables: +€76,703
- Profit (loss) carried forward +€269,422
up €269,422 (+620%), from €43,434 to €312,856
- Accrued charges and deferred income +€257,690
up €257,690 (+491%), from €52,503 to €310,193
- Tax, wage and social debts +€74,444
up €74,444 (+337%), from €22,077 to €96,521
of which Taxes: +€67,125
- Other debts -€39,684
down €39,684 (-98.0%), from €40,491 to €807
- Trade debts +€36,739
up €36,739 (+176%), from €20,931 to €57,670
- Gross operating margin +€427,926
up €427,926 (+573%), from €74,669 to €502,595
- Taxes +€89,277
up €89,277 (+1,181%), from €7,561 to €96,838
- Staff costs +€88,224
up €88,224 (+379%), from €23,263 to €111,487
- Financial charges +€11,085
up €11,085 (+266%), from €4,162 to €15,247
- Depreciation +€7,405
up €7,405 (+335%), from €2,212 to €9,617
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 | €447,545 | €1,033,304 | +€585,759 | +131% |
| Fixed assets | 21/28 | €290,162 | €295,616 | +€5,454 | +1.9% |
| Tangible fixed assets | 22/27 | €290,100 | €295,554 | +€5,454 | +1.9% |
| Land and buildings | 22 | €288,056 | €287,137 | -€919 | -0.3% |
| Furniture and vehicles | 24 | €2,044 | €8,417 | +€6,373 | +312% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €157,383 | €737,688 | +€580,305 | +369% |
| Amounts receivable within one year | 40/41 | €32,192 | €108,866 | +€76,674 | +238% |
| Trade receivables | 40 | €32,163 | €108,866 | +€76,703 | +238% |
| Other amounts receivable | 41 | €29 | - | -€29 | |
| Cash at bank and in hand | 54/58 | €123,339 | €437,732 | +€314,393 | +255% |
| Deferred charges and accrued income | 490/1 | €1,852 | €191,090 | +€189,238 | +10,218% |
| Total equity and liabilities | 10/49 | €447,545 | €1,033,304 | +€585,759 | +131% |
| Equity | 10/15 | €53,634 | €323,056 | +€269,422 | +502% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,434 | €312,856 | +€269,422 | +620% |
| Amounts payable | 17/49 | €393,911 | €710,248 | +€316,337 | +80.3% |
| Amounts payable after more than one year | 17 | €243,871 | €231,660 | -€12,211 | -5.0% |
| Financial debts | 170/4 | €243,871 | €231,660 | -€12,211 | -5.0% |
| Amounts payable within one year | 42/48 | €97,537 | €168,395 | +€70,858 | +72.6% |
| Current portion of amounts payable after more than one year | 42 | €14,038 | €13,397 | -€641 | -4.6% |
| Trade debts | 44 | €20,931 | €57,670 | +€36,739 | +176% |
| Suppliers | 440/4 | €20,931 | €57,670 | +€36,739 | +176% |
| Taxes, remuneration and social security | 45 | €22,077 | €96,521 | +€74,444 | +337% |
| Taxes | 450/3 | €19,802 | €86,927 | +€67,125 | +339% |
| Remuneration and social security | 454/9 | €2,275 | €9,594 | +€7,319 | +322% |
| Other amounts payable | 47/48 | €40,491 | €807 | -€39,684 | -98.0% |
| Accrued charges and deferred income | 492/3 | €52,503 | €310,193 | +€257,690 | +491% |
| Remuneration, social security and pensions | 62 | €23,263 | €111,487 | +€88,224 | +379% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,212 | €9,617 | +€7,405 | +335% |
| Other operating charges | 640/8 | €274 | €323 | +€49 | +17.9% |
| Gross operating margin | 9900 | €74,669 | €502,595 | +€427,926 | +573% |
| Operating profit (loss) | 9901 | €48,920 | €381,168 | +€332,248 | +679% |
| Financial income | 75/76B | €3 | €339 | +€336 | +11,200% |
| Recurring financial income | 75 | €3 | €339 | +€336 | +11,200% |
| Financial charges | 65/66B | €4,162 | €15,247 | +€11,085 | +266% |
| Recurring financial charges | 65 | €4,162 | €15,247 | +€11,085 | +266% |
| Profit (loss) for the period before taxes | 9903 | €44,761 | €366,260 | +€321,499 | +718% |
| Income taxes | 67/77 | €7,561 | €96,838 | +€89,277 | +1,181% |
| Profit (loss) for the period | 9904 | €37,200 | €269,422 | +€232,222 | +624% |
| Profit (loss) for the period to be appropriated | 9905 | €37,200 | €269,422 | +€232,222 | +624% |
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 16 October 2026 via checked.be.