SMC Services: 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.
SMC Services
Largest movements
- Receivables within one year +€31,262
up €31,262 (+98.6%), from €31,710 to €62,972
of which Other amounts receivable: +€30,657
- Cash +€28,369
up €28,369 (+650.4%), from €4,362 to €32,731
mainly Net result for the year (+€35,789) and Tax, wage and social debts (+€14,921)
- Tangible fixed assets -€6,976
down €6,976 (-23.2%), from €30,013 to €23,037
of which Furniture and vehicles: -€6,831
- Deferred charges and accrued income +€1,274
up €1,274 (+602.5%), from €212 to €1,486
- Profit (loss) carried forward +€35,789
up €35,789 (+79.3%), from €45,119 to €80,908
- Tax, wage and social debts +€14,921
up €14,921 (+87.8%), from €16,994 to €31,915
- Trade debts +€3,051
up €3,051 (+257.9%), from €1,183 to €4,234
- Gross operating margin +€12,571
up €12,571 (+31.3%), from €40,194 to €52,766
- Taxes +€2,578
up €2,578 (+32.3%), from €7,990 to €10,568
- Financial income +€1,270
up €1,270 (+227.8%), from €558 to €1,828
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 | €66,296 | €120,226 | +€53,929 | +81.3% |
| Fixed assets | 21/28 | €30,013 | €23,037 | -€6,976 | -23.2% |
| Tangible fixed assets | 22/27 | €30,013 | €23,037 | -€6,976 | -23.2% |
| Land and buildings | 22 | €1,377 | €1,233 | -€144 | -10.5% |
| Furniture and vehicles | 24 | €28,636 | €21,805 | -€6,831 | -23.9% |
| Current assets | 29/58 | €36,283 | €97,188 | +€60,905 | +167.9% |
| Amounts receivable within one year | 40/41 | €31,710 | €62,972 | +€31,262 | +98.6% |
| Trade receivables | 40 | €13,310 | €13,915 | +€605 | +4.5% |
| Other amounts receivable | 41 | €18,400 | €49,057 | +€30,657 | +166.6% |
| Cash at bank and in hand | 54/58 | €4,362 | €32,731 | +€28,369 | +650.4% |
| Deferred charges and accrued income | 490/1 | €212 | €1,486 | +€1,274 | +602.5% |
| Total equity and liabilities | 10/49 | €66,296 | €120,226 | +€53,929 | +81.3% |
| Equity | 10/15 | €48,119 | €83,908 | +€35,789 | +74.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,119 | €80,908 | +€35,789 | +79.3% |
| Amounts payable | 17/49 | €18,177 | €36,318 | +€18,140 | +99.8% |
| Amounts payable within one year | 42/48 | €18,177 | €36,149 | +€17,972 | +98.9% |
| Trade debts | 44 | €1,183 | €4,234 | +€3,051 | +257.9% |
| Suppliers | 440/4 | €1,183 | €4,234 | +€3,051 | +257.9% |
| Taxes, remuneration and social security | 45 | €16,994 | €31,915 | +€14,921 | +87.8% |
| Taxes | 450/3 | €16,994 | €31,915 | +€14,921 | +87.8% |
| Accrued charges and deferred income | 492/3 | - | €169 | +€169 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,614 | €8,035 | +€421 | +5.5% |
| Gross operating margin | 9900 | €40,194 | €52,766 | +€12,571 | +31.3% |
| Operating profit (loss) | 9901 | €32,581 | €44,730 | +€12,150 | +37.3% |
| Financial income | 75/76B | €558 | €1,828 | +€1,270 | +227.8% |
| Recurring financial income | 75 | €558 | €1,828 | +€1,270 | +227.8% |
| Financial charges | 65/66B | €136 | €201 | +€65 | +47.7% |
| Recurring financial charges | 65 | €136 | €201 | +€65 | +47.7% |
| Profit (loss) for the period before taxes | 9903 | €33,002 | €46,357 | +€13,355 | +40.5% |
| Income taxes | 67/77 | €7,990 | €10,568 | +€2,578 | +32.3% |
| Profit (loss) for the period | 9904 | €25,012 | €35,789 | +€10,777 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,012 | €35,789 | +€10,777 | +43.1% |
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 3 October 2026 via checked.be.