SMBe-partner: 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.
SMBe-partner
Largest movements
- Cash +€48,419
up €48,419 (+65.8%), from €73,563 to €121,983
mainly Net result for the year (+€55,184) and Receivables within one year (+€12,933)
- Receivables within one year -€12,933
down €12,933 (-42.3%), from €30,604 to €17,671
of which Trade receivables: -€10,477
- Profit (loss) carried forward +€19,470
up €19,470 (+39.8%), from €48,910 to €68,380
- Tax, wage and social debts +€12,471
up €12,471 (+83.4%), from €14,962 to €27,434
of which Remuneration and social security: +€26,478
- Other debts +€4,175
up €4,175 (+12.0%), from €34,665 to €38,840
- Gross operating margin +€14,930
up €14,930 (+25.8%), from €57,968 to €72,898
- Taxes +€2,965
up €2,965 (+25.7%), from €11,517 to €14,481
- Financial charges +€923
up €923 (+68.0%), from €1,358 to €2,281
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 | €104,684 | €139,654 | +€34,970 | +33.4% |
| Current assets | 29/58 | €104,684 | €139,654 | +€34,970 | +33.4% |
| Amounts receivable within one year | 40/41 | €30,604 | €17,671 | -€12,933 | -42.3% |
| Trade receivables | 40 | €28,148 | €17,671 | -€10,477 | -37.2% |
| Other amounts receivable | 41 | €2,457 | - | -€2,457 | |
| Cash at bank and in hand | 54/58 | €73,563 | €121,983 | +€48,419 | +65.8% |
| Deferred charges and accrued income | 490/1 | €516 | - | -€516 | |
| Total equity and liabilities | 10/49 | €104,684 | €139,654 | +€34,970 | +33.4% |
| Equity | 10/15 | €53,910 | €73,380 | +€19,470 | +36.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,910 | €68,380 | +€19,470 | +39.8% |
| Amounts payable | 17/49 | €50,774 | €66,274 | +€15,500 | +30.5% |
| Amounts payable within one year | 42/48 | €50,774 | €66,274 | +€15,500 | +30.5% |
| Trade debts | 44 | €1,147 | - | -€1,147 | |
| Suppliers | 440/4 | €1,147 | - | -€1,147 | |
| Taxes, remuneration and social security | 45 | €14,962 | €27,434 | +€12,471 | +83.4% |
| Taxes | 450/3 | €14,962 | €955 | -€14,007 | -93.6% |
| Remuneration and social security | 454/9 | - | €26,478 | +€26,478 | |
| Other amounts payable | 47/48 | €34,665 | €38,840 | +€4,175 | +12.0% |
| Other operating charges | 640/8 | €1,232 | €952 | -€281 | -22.8% |
| Gross operating margin | 9900 | €57,968 | €72,898 | +€14,930 | +25.8% |
| Operating profit (loss) | 9901 | €56,736 | €71,946 | +€15,210 | +26.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,358 | €2,281 | +€923 | +68.0% |
| Recurring financial charges | 65 | €1,358 | €2,281 | +€923 | +68.0% |
| Profit (loss) for the period before taxes | 9903 | €55,378 | €69,666 | +€14,287 | +25.8% |
| Income taxes | 67/77 | €11,517 | €14,481 | +€2,965 | +25.7% |
| Profit (loss) for the period | 9904 | €43,861 | €55,184 | +€11,323 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,861 | €55,184 | +€11,323 | +25.8% |
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 5 October 2026 via checked.be.