SMC OPTIC'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.
SMC OPTIC'S
Largest movements
- Tangible fixed assets -€10,182
down €10,182 (-30.1%), from €33,854 to €23,672
- Receivables within one year -€5,302
down €5,302 (-56.4%), from €9,399 to €4,097
- Cash -€3,370
down €3,370 (-15.0%), from €22,409 to €19,039
mainly Debts after one year (-€6,225) and Net result for the year (-€6,054)
- Deferred charges and accrued income -€1,565
down €1,565 (-16.2%), from €9,634 to €8,068
- Debts after one year -€6,225
down €6,225 (-20.2%), from €30,754 to €24,529
- Profit (loss) carried forward -€6,054
down €6,054, from €5,931 to -€123
- Tax, wage and social debts -€5,488
down €5,488 (-37.1%), from €14,791 to €9,303
- Trade debts -€2,164
down €2,164 (-16.0%), from €13,519 to €11,355
- Gross operating margin -€9,192
down €9,192 (-16.1%), from €56,952 to €47,760
- Staff costs -€1,993
down €1,993 (-4.8%), from €41,646 to €39,653
- Taxes -€999
down €999 (-88.6%), from €1,127 to €128
- Other operating charges +€696
up €696 (+1,266%), from €55 to €751
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 | €75,296 | €54,876 | -€20,420 | -27.1% |
| Fixed assets | 21/28 | €33,854 | €23,672 | -€10,182 | -30.1% |
| Tangible fixed assets | 22/27 | €33,854 | €23,672 | -€10,182 | -30.1% |
| Furniture and vehicles | 24 | €33,854 | €23,672 | -€10,182 | -30.1% |
| Current assets | 29/58 | €41,442 | €31,204 | -€10,238 | -24.7% |
| Amounts receivable within one year | 40/41 | €9,399 | €4,097 | -€5,302 | -56.4% |
| Trade receivables | 40 | €9,399 | €4,097 | -€5,302 | -56.4% |
| Cash at bank and in hand | 54/58 | €22,409 | €19,039 | -€3,370 | -15.0% |
| Deferred charges and accrued income | 490/1 | €9,634 | €8,068 | -€1,565 | -16.2% |
| Total equity and liabilities | 10/49 | €75,296 | €54,876 | -€20,420 | -27.1% |
| Equity | 10/15 | €8,931 | €2,877 | -€6,054 | -67.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,931 | -€123 | -€6,054 | |
| Amounts payable | 17/49 | €66,365 | €51,999 | -€14,366 | -21.6% |
| Amounts payable after more than one year | 17 | €30,754 | €24,529 | -€6,225 | -20.2% |
| Financial debts | 170/4 | €30,754 | €24,529 | -€6,225 | -20.2% |
| Amounts payable within one year | 42/48 | €34,912 | €27,033 | -€7,879 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €6,173 | €6,217 | +€44 | +0.7% |
| Trade debts | 44 | €13,519 | €11,355 | -€2,164 | -16.0% |
| Suppliers | 440/4 | €13,519 | €11,355 | -€2,164 | -16.0% |
| Taxes, remuneration and social security | 45 | €14,791 | €9,303 | -€5,488 | -37.1% |
| Taxes | 450/3 | €14,791 | €9,303 | -€5,488 | -37.1% |
| Other amounts payable | 47/48 | €429 | €159 | -€270 | -63.0% |
| Accrued charges and deferred income | 492/3 | €699 | €437 | -€262 | -37.4% |
| Remuneration, social security and pensions | 62 | €41,646 | €39,653 | -€1,993 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,182 | €10,182 | = | 0.0% |
| Other operating charges | 640/8 | €55 | €751 | +€696 | +1,266% |
| Gross operating margin | 9900 | €56,952 | €47,760 | -€9,192 | -16.1% |
| Operating profit (loss) | 9901 | €5,069 | -€2,826 | -€7,895 | |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €2,971 | €3,100 | +€129 | +4.4% |
| Recurring financial charges | 65 | €2,971 | €3,100 | +€129 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €2,099 | -€5,926 | -€8,026 | |
| Income taxes | 67/77 | €1,127 | €128 | -€999 | -88.6% |
| Profit (loss) for the period | 9904 | €972 | -€6,054 | -€7,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €972 | -€6,054 | -€7,026 |
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 17 October 2026 via checked.be.