SMC IMMO-FLOR: 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.
SMC IMMO-FLOR
Largest movements
- Deferred charges and accrued income +€5,411
up €5,411 (+130%), from €4,152 to €9,563
- Cash -€2,945
down €2,945 (-16.0%), from €18,362 to €15,417
mainly Deferred charges and accrued income (-€5,411) and Other debts (-€3,600)
- Tangible fixed assets -€1,935
down €1,935 (-1.5%), from €132,654 to €130,719
- Reserves +€4,469
up €4,469 (+86.0%), from €5,198 to €9,667
- Other debts -€3,600
down €3,600 (-60.7%), from €5,935 to €2,335
- Gross operating margin +€1,068
up €1,068 (+11.0%), from €9,750 to €10,818
- Taxes +€306
up €306 (+15.9%), from €1,930 to €2,236
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 | €160,584 | €161,739 | +€1,155 | +0.7% |
| Fixed assets | 21/28 | €132,654 | €130,719 | -€1,935 | -1.5% |
| Tangible fixed assets | 22/27 | €132,654 | €130,719 | -€1,935 | -1.5% |
| Land and buildings | 22 | €132,654 | €130,719 | -€1,935 | -1.5% |
| Current assets | 29/58 | €27,930 | €31,020 | +€3,090 | +11.1% |
| Amounts receivable within one year | 40/41 | €5,416 | €6,040 | +€624 | +11.5% |
| Trade receivables | 40 | €5,416 | €6,040 | +€624 | +11.5% |
| Cash at bank and in hand | 54/58 | €18,362 | €15,417 | -€2,945 | -16.0% |
| Deferred charges and accrued income | 490/1 | €4,152 | €9,563 | +€5,411 | +130% |
| Total equity and liabilities | 10/49 | €160,584 | €161,739 | +€1,155 | +0.7% |
| Equity | 10/15 | €152,699 | €157,168 | +€4,469 | +2.9% |
| Contributions | 10/11 | €101,712 | €101,712 | = | 0.0% |
| Reserves | 13 | €5,198 | €9,667 | +€4,469 | +86.0% |
| Distributable reserves | 133 | €5,198 | €9,667 | +€4,469 | +86.0% |
| Profit (loss) carried forward | 14 | €45,789 | €45,789 | = | 0.0% |
| Amounts payable | 17/49 | €7,885 | €4,571 | -€3,314 | -42.0% |
| Amounts payable within one year | 42/48 | €7,885 | €4,571 | -€3,314 | -42.0% |
| Trade debts | 44 | €20 | - | -€20 | |
| Suppliers | 440/4 | €20 | - | -€20 | |
| Taxes, remuneration and social security | 45 | €1,930 | €2,236 | +€306 | +15.9% |
| Taxes | 450/3 | €1,930 | €2,236 | +€306 | +15.9% |
| Other amounts payable | 47/48 | €5,935 | €2,335 | -€3,600 | -60.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,935 | €1,935 | = | 0.0% |
| Other operating charges | 640/8 | €2,040 | €2,103 | +€63 | +3.1% |
| Gross operating margin | 9900 | €9,750 | €10,818 | +€1,068 | +11.0% |
| Operating profit (loss) | 9901 | €5,775 | €6,780 | +€1,005 | +17.4% |
| Financial charges | 65/66B | €76 | €75 | -€1 | -1.3% |
| Recurring financial charges | 65 | €76 | €75 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €5,699 | €6,705 | +€1,006 | +17.7% |
| Income taxes | 67/77 | €1,930 | €2,236 | +€306 | +15.9% |
| Profit (loss) for the period | 9904 | €3,769 | €4,469 | +€700 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,769 | €4,469 | +€700 | +18.6% |
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 14 October 2026 via checked.be.