SMASH CAB'S: 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.
SMASH CAB'S
Largest movements
- Tangible fixed assets -€17,888
down €17,888 (-5.1%), from €353,735 to €335,847
of which Land and buildings: -€16,479
- Profit (loss) carried forward +€26,985
up €26,985 (+47.5%), from €56,865 to €83,850
- Provisions -€24,518
down €24,518 (-36.5%), from €67,094 to €42,576
of which Provisions for liabilities and charges: -€21,000
- Debts after one year -€18,948
down €18,948 (-11.3%), from €167,087 to €148,140
- Tax, wage and social debts +€9,071
up €9,071 (+155%), from €5,850 to €14,922
- Reserves -€8,209
down €8,209 (-7.4%), from €111,572 to €103,363
of which Tax-exempt reserves: -€8,209
- Provisions -€21,000
new in 2025: -€21,000
- Purchases and services +€9,636
up €9,636 (+47.0%), from €20,484 to €30,120
- Gross operating margin -€6,531
down €6,531 (-16.4%), from €39,906 to €33,375
- Taxes +€4,345
up €4,345 (+74.5%), from €5,830 to €10,175
- Turnover +€3,105
up €3,105 (+5.1%), from €60,390 to €63,495
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,107 | €444,752 | -€14,355 | -3.1% |
| Fixed assets | 21/28 | €353,735 | €335,847 | -€17,888 | -5.1% |
| Tangible fixed assets | 22/27 | €353,735 | €335,847 | -€17,888 | -5.1% |
| Land and buildings | 22 | €350,833 | €334,353 | -€16,479 | -4.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €2,902 | €1,494 | -€1,409 | -48.5% |
| Current assets | 29/58 | €105,372 | €108,905 | +€3,533 | +3.4% |
| Amounts receivable within one year | 40/41 | €101,333 | €105,031 | +€3,699 | +3.6% |
| Other amounts receivable | 41 | €101,333 | €105,031 | +€3,699 | +3.6% |
| Current investments | 50/53 | €4,040 | €3,874 | -€166 | -4.1% |
| Total equity and liabilities | 10/49 | €459,107 | €444,752 | -€14,355 | -3.1% |
| Equity | 10/15 | €193,437 | €212,213 | +€18,776 | +9.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €111,572 | €103,363 | -€8,209 | -7.4% |
| Tax-exempt reserves | 132 | €109,072 | €100,863 | -€8,209 | -7.5% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,865 | €83,850 | +€26,985 | +47.5% |
| Provisions and deferred taxes | 16 | €67,094 | €42,576 | -€24,518 | -36.5% |
| Provisions for liabilities and charges | 160/5 | €21,000 | - | -€21,000 | |
| Pensions and similar obligations | 160 | €10,000 | - | -€10,000 | |
| Major repairs and maintenance | 162 | €6,000 | - | -€6,000 | |
| Other liabilities and charges | 164/5 | €5,000 | - | -€5,000 | |
| Deferred taxes | 168 | €46,094 | €42,576 | -€3,518 | -7.6% |
| Amounts payable | 17/49 | €198,577 | €189,964 | -€8,613 | -4.3% |
| Amounts payable after more than one year | 17 | €167,087 | €148,140 | -€18,948 | -11.3% |
| Financial debts | 170/4 | €167,087 | €148,140 | -€18,948 | -11.3% |
| Amounts payable within one year | 42/48 | €30,185 | €41,119 | +€10,934 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €18,255 | €18,948 | +€693 | +3.8% |
| Trade debts | 44 | €2,420 | €3,590 | +€1,170 | +48.3% |
| Suppliers | 440/4 | €2,420 | €3,590 | +€1,170 | +48.3% |
| Taxes, remuneration and social security | 45 | €5,850 | €14,922 | +€9,071 | +155% |
| Taxes | 450/3 | €5,850 | €14,922 | +€9,071 | +155% |
| Other amounts payable | 47/48 | €3,660 | €3,660 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,304 | €705 | -€599 | -45.9% |
| Turnover | 70 | €60,390 | €63,495 | +€3,105 | +5.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €20,484 | €30,120 | +€9,636 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,888 | €17,888 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€21,000 | -€21,000 | |
| Other operating charges | 640/8 | €6,413 | €5,279 | -€1,135 | -17.7% |
| Gross operating margin | 9900 | €39,906 | €33,375 | -€6,531 | -16.4% |
| Operating profit (loss) | 9901 | €15,605 | €31,209 | +€15,604 | +100.0% |
| Financial income | 75/76B | €1,299 | €1,323 | +€23 | +1.8% |
| Recurring financial income | 75 | €1,299 | €1,323 | +€23 | +1.8% |
| Financial charges | 65/66B | €7,872 | €7,098 | -€774 | -9.8% |
| Recurring financial charges | 65 | €7,872 | €7,098 | -€774 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €9,032 | €25,433 | +€16,401 | +182% |
| Transfer from deferred taxes | 780 | €3,518 | €3,518 | = | 0.0% |
| Income taxes | 67/77 | €5,830 | €10,175 | +€4,345 | +74.5% |
| Profit (loss) for the period | 9904 | €6,720 | €18,776 | +€12,056 | +179% |
| Transfer from tax-exempt reserves | 789 | €8,209 | €8,209 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,929 | €26,985 | +€12,056 | +80.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.