SMEETS LANAKEN: 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.
SMEETS LANAKEN
Largest movements
- Tangible fixed assets -€45,678
down €45,678 (-4.4%), from €1.0m to €981,884
- Current investments -€30,924
down €30,924 (-27.4%), from €112,916 to €81,992
- Other debts -€36,690
down €36,690 (-45.6%), from €80,375 to €43,684
- Provisions -€31,834
down €31,834 (-26.8%), from €118,729 to €86,894
- Provisions -€10,492
down €10,492 (-49.2%), from -€21,342 to -€31,834
- Financial income -€2,876
down €2,876 (-42.7%), from €6,738 to €3,862
- Financial charges +€1,316
up €1,316 (+4.2%), from €31,038 to €32,355
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 | €1,163,037 | €1,084,965 | -€78,072 | -6.7% |
| Fixed assets | 21/28 | €1,027,562 | €981,884 | -€45,678 | -4.4% |
| Tangible fixed assets | 22/27 | €1,027,562 | €981,884 | -€45,678 | -4.4% |
| Land and buildings | 22 | €1,027,562 | €981,884 | -€45,678 | -4.4% |
| Current assets | 29/58 | €135,475 | €103,081 | -€32,394 | -23.9% |
| Current investments | 50/53 | €112,916 | €81,992 | -€30,924 | -27.4% |
| Cash at bank and in hand | 54/58 | €21,674 | €20,197 | -€1,478 | -6.8% |
| Deferred charges and accrued income | 490/1 | €884 | €892 | +€8 | +0.9% |
| Total equity and liabilities | 10/49 | €1,163,037 | €1,084,965 | -€78,072 | -6.7% |
| Equity | 10/15 | €947,885 | €941,434 | -€6,451 | -0.7% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Capital | 10 | €1,200,000 | €1,200,000 | = | 0.0% |
| Issued capital | 100 | €1,200,000 | €1,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€252,115 | -€258,566 | -€6,451 | -2.6% |
| Provisions and deferred taxes | 16 | €118,729 | €86,894 | -€31,834 | -26.8% |
| Provisions for liabilities and charges | 160/5 | €118,729 | €86,894 | -€31,834 | -26.8% |
| Pensions and similar obligations | 160 | €118,729 | €86,894 | -€31,834 | -26.8% |
| Amounts payable | 17/49 | €96,423 | €56,636 | -€39,787 | -41.3% |
| Amounts payable within one year | 42/48 | €80,375 | €43,684 | -€36,690 | -45.6% |
| Other amounts payable | 47/48 | €80,375 | €43,684 | -€36,690 | -45.6% |
| Accrued charges and deferred income | 492/3 | €16,048 | €12,952 | -€3,096 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,678 | €45,678 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€21,342 | -€31,834 | -€10,492 | -49.2% |
| Other operating charges | 640/8 | €7,668 | €7,840 | +€172 | +2.2% |
| Gross operating margin | 9900 | €43,368 | €43,725 | +€357 | +0.8% |
| Operating profit (loss) | 9901 | €11,365 | €22,042 | +€10,677 | +93.9% |
| Financial income | 75/76B | €6,738 | €3,862 | -€2,876 | -42.7% |
| Recurring financial income | 75 | €6,738 | €3,862 | -€2,876 | -42.7% |
| Financial charges | 65/66B | €31,038 | €32,355 | +€1,316 | +4.2% |
| Recurring financial charges | 65 | €31,038 | €32,355 | +€1,316 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,936 | -€6,451 | +€6,485 | +50.1% |
| Profit (loss) for the period | 9904 | -€12,936 | -€6,451 | +€6,485 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,936 | -€6,451 | +€6,485 | +50.1% |
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 24 October 2026 via checked.be.