SMEB Consulting: 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.
SMEB Consulting
Largest movements
- Cash +€78,099
up €78,099 (+54.4%), from €143,665 to €221,763
mainly Net result for the year (+€84,721) and Debts after one year (+€34,298)
- Tangible fixed assets +€74,973
new in 2025: €74,973
of which Furniture and vehicles: +€62,021
- Deferred charges and accrued income -€24,086
down €24,086 (-96.1%), from €25,072 to €986
- Reserves +€83,003
up €83,003 (+52.6%), from €157,674 to €240,677
- Debts after one year +€34,298
new in 2025: €34,298
of which Financial debts: +€32,896
- Current portion of long-term debt +€8,610
new in 2025: €8,610
- Tax, wage and social debts +€3,500
up €3,500 (+15.8%), from €22,083 to €25,583
- Gross operating margin -€9,229
down €9,229 (-7.2%), from €128,662 to €119,433
- Depreciation +€8,037
new in 2025: €8,037
- Taxes -€5,427
down €5,427 (-17.6%), from €30,805 to €25,378
- Financial charges +€1,488
up €1,488 (+808%), from €184 to €1,673
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 | €184,166 | €314,238 | +€130,072 | +70.6% |
| Fixed assets | 21/28 | - | €75,223 | +€75,223 | |
| Tangible fixed assets | 22/27 | - | €74,973 | +€74,973 | |
| Furniture and vehicles | 24 | - | €62,021 | +€62,021 | |
| Other tangible fixed assets | 26 | - | €12,952 | +€12,952 | |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €184,166 | €239,014 | +€54,848 | +29.8% |
| Amounts receivable within one year | 40/41 | €15,429 | €16,265 | +€836 | +5.4% |
| Trade receivables | 40 | €15,261 | €16,265 | +€1,004 | +6.6% |
| Other amounts receivable | 41 | €169 | - | -€169 | |
| Cash at bank and in hand | 54/58 | €143,665 | €221,763 | +€78,099 | +54.4% |
| Deferred charges and accrued income | 490/1 | €25,072 | €986 | -€24,086 | -96.1% |
| Total equity and liabilities | 10/49 | €184,166 | €314,238 | +€130,072 | +70.6% |
| Equity | 10/15 | €160,674 | €243,677 | +€83,003 | +51.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €157,674 | €240,677 | +€83,003 | +52.6% |
| Distributable reserves | 133 | €157,674 | €240,677 | +€83,003 | +52.6% |
| Amounts payable | 17/49 | €23,492 | €70,560 | +€47,069 | +200% |
| Amounts payable after more than one year | 17 | - | €34,298 | +€34,298 | |
| Financial debts | 170/4 | - | €32,896 | +€32,896 | |
| Other amounts payable | 178/9 | - | €1,402 | +€1,402 | |
| Amounts payable within one year | 42/48 | €23,492 | €36,263 | +€12,771 | +54.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,610 | +€8,610 | |
| Trade debts | 44 | €1,409 | €2,071 | +€662 | +47.0% |
| Suppliers | 440/4 | €1,409 | €2,071 | +€662 | +47.0% |
| Taxes, remuneration and social security | 45 | €22,083 | €25,583 | +€3,500 | +15.8% |
| Taxes | 450/3 | €22,083 | €25,583 | +€3,500 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,037 | +€8,037 | |
| Other operating charges | 640/8 | €64 | €426 | +€362 | +567% |
| Gross operating margin | 9900 | €128,662 | €119,433 | -€9,229 | -7.2% |
| Operating profit (loss) | 9901 | €128,598 | €110,970 | -€17,629 | -13.7% |
| Financial income | 75/76B | €884 | €802 | -€82 | -9.3% |
| Recurring financial income | 75 | €884 | €802 | -€82 | -9.3% |
| Financial charges | 65/66B | €184 | €1,673 | +€1,488 | +808% |
| Recurring financial charges | 65 | €184 | €1,673 | +€1,488 | +808% |
| Profit (loss) for the period before taxes | 9903 | €129,298 | €110,099 | -€19,199 | -14.8% |
| Income taxes | 67/77 | €30,805 | €25,378 | -€5,427 | -17.6% |
| Profit (loss) for the period | 9904 | €98,493 | €84,721 | -€13,772 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,493 | €84,721 | -€13,772 | -14.0% |
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 16 October 2026 via checked.be.