SMEEL IT: 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.
SMEEL IT
Largest movements
- Cash +€84,281
up €84,281 (+61.7%), from €136,690 to €220,970
mainly Net result for the year (+€78,048) and Tax, wage and social debts (+€14,311)
- Receivables within one year +€4,931
up €4,931 (+32.3%), from €15,246 to €20,177
of which Other amounts receivable: +€2,554
- Profit (loss) carried forward +€78,048
up €78,048 (+57.0%), from €136,968 to €215,015
- Tax, wage and social debts +€14,311
up €14,311 (+169.0%), from €8,466 to €22,777
- Gross operating margin +€1,630
up €1,630 (+1.7%), from €97,824 to €99,454
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 | €151,936 | €241,147 | +€89,212 | +58.7% |
| Current assets | 29/58 | €151,936 | €241,147 | +€89,212 | +58.7% |
| Amounts receivable within one year | 40/41 | €15,246 | €20,177 | +€4,931 | +32.3% |
| Trade receivables | 40 | €15,246 | €17,622 | +€2,376 | +15.6% |
| Other amounts receivable | 41 | - | €2,554 | +€2,554 | |
| Cash at bank and in hand | 54/58 | €136,690 | €220,970 | +€84,281 | +61.7% |
| Total equity and liabilities | 10/49 | €151,936 | €241,147 | +€89,212 | +58.7% |
| Equity | 10/15 | €139,968 | €218,015 | +€78,048 | +55.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,968 | €215,015 | +€78,048 | +57.0% |
| Amounts payable | 17/49 | €11,968 | €23,132 | +€11,164 | +93.3% |
| Amounts payable within one year | 42/48 | €11,968 | €23,132 | +€11,164 | +93.3% |
| Financial debts | 43 | €68 | €173 | +€105 | +154.1% |
| Credit institutions | 430/8 | €68 | €173 | +€105 | +154.1% |
| Trade debts | 44 | €1,162 | €183 | -€979 | -84.3% |
| Suppliers | 440/4 | €1,162 | €183 | -€979 | -84.3% |
| Taxes, remuneration and social security | 45 | €8,466 | €22,777 | +€14,311 | +169.0% |
| Taxes | 450/3 | €8,466 | €22,777 | +€14,311 | +169.0% |
| Other amounts payable | 47/48 | €2,272 | - | -€2,272 | |
| Gross operating margin | 9900 | €97,824 | €99,454 | +€1,630 | +1.7% |
| Operating profit (loss) | 9901 | €97,824 | €99,454 | +€1,630 | +1.7% |
| Financial income | 75/76B | €10 | €102 | +€92 | +889.0% |
| Recurring financial income | 75 | €10 | €102 | +€92 | +889.0% |
| Financial charges | 65/66B | €87 | €197 | +€110 | +126.4% |
| Recurring financial charges | 65 | €87 | €197 | +€110 | +126.4% |
| Profit (loss) for the period before taxes | 9903 | €97,748 | €99,360 | +€1,612 | +1.6% |
| Income taxes | 67/77 | €20,919 | €21,312 | +€394 | +1.9% |
| Profit (loss) for the period | 9904 | €76,829 | €78,048 | +€1,218 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,829 | €78,048 | +€1,218 | +1.6% |
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 1 October 2026 via checked.be.