Smash Records: 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 Records
Largest movements
- Receivables within one year -€8,840
down €8,840 (-99.9%), from €8,845 to €5
- Cash +€7,017
up €7,017 (+152%), from €4,603 to €11,620
mainly Receivables within one year (+€8,840)
- Profit (loss) carried forward -€1,507
down €1,507 (-15.7%), from -€9,595 to -€11,102
- Trade debts -€316
down €316 (-30.3%), from €1,043 to €727
- Gross operating margin +€944
up €944 (+91.0%), from -€1,037 to -€93
- Other operating charges +€817
up €817 (+171%), from €477 to €1,294
- Financial charges +€51
up €51 (+73.5%), from €69 to €120
- Financial income -€29
down €29 (-100%), from €29 to €0
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 | €13,448 | €11,625 | -€1,823 | -13.6% |
| Fixed assets | 21/28 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €13,448 | €11,625 | -€1,823 | -13.6% |
| Amounts receivable within one year | 40/41 | €8,845 | €5 | -€8,840 | -99.9% |
| Other amounts receivable | 41 | €8,845 | €5 | -€8,840 | -99.9% |
| Cash at bank and in hand | 54/58 | €4,603 | €11,620 | +€7,017 | +152% |
| Total equity and liabilities | 10/49 | €13,448 | €11,625 | -€1,823 | -13.6% |
| Equity | 10/15 | €12,405 | €10,898 | -€1,507 | -12.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,595 | -€11,102 | -€1,507 | -15.7% |
| Amounts payable | 17/49 | €1,043 | €727 | -€316 | -30.3% |
| Amounts payable within one year | 42/48 | €1,043 | €727 | -€316 | -30.3% |
| Trade debts | 44 | €1,043 | €727 | -€316 | -30.3% |
| Suppliers | 440/4 | €1,043 | €727 | -€316 | -30.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €477 | €1,294 | +€817 | +171% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€1,037 | -€93 | +€944 | +91.0% |
| Operating profit (loss) | 9901 | -€1,514 | -€1,387 | +€126 | +8.4% |
| Financial income | 75/76B | €29 | €0 | -€29 | -100% |
| Recurring financial income | 75 | €29 | €0 | -€29 | -100% |
| Financial charges | 65/66B | €69 | €120 | +€51 | +73.5% |
| Recurring financial charges | 65 | €69 | €120 | +€51 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,554 | -€1,507 | +€47 | +3.0% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,554 | -€1,507 | +€47 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,554 | -€1,507 | +€47 | +3.0% |
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 13 October 2026 via checked.be.