Smeets Mario: 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 Mario
Largest movements
- Cash -€20,157
down €20,157 (-67.8%), from €29,708 to €9,551
mainly Contributions, distributions and other (-€25,000) and Other debts (-€2,923)
- Receivables within one year +€866
up €866 (+14.6%), from €5,945 to €6,811
of which Other amounts receivable: +€1,467
- Reserves -€15,126
down €15,126 (-55.7%), from €27,179 to €12,053
- Other debts -€2,923
down €2,923 (-50.9%), from €5,740 to €2,817
- Tax, wage and social debts -€835
down €835 (-100%), from €835 to €0
- Gross operating margin -€6,482
down €6,482 (-31.9%), from €20,352 to €13,870
- Taxes -€1,070
down €1,070 (-27.9%), from €3,835 to €2,766
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 | €38,102 | €18,962 | -€19,139 | -50.2% |
| Current assets | 29/58 | €38,102 | €18,962 | -€19,139 | -50.2% |
| Stocks and contracts in progress | 3 | €120 | €120 | = | 0.0% |
| Stocks | 30/36 | €120 | €120 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,945 | €6,811 | +€866 | +14.6% |
| Trade receivables | 40 | €5,561 | €4,959 | -€602 | -10.8% |
| Other amounts receivable | 41 | €384 | €1,852 | +€1,467 | +382% |
| Cash at bank and in hand | 54/58 | €29,708 | €9,551 | -€20,157 | -67.8% |
| Deferred charges and accrued income | 490/1 | €2,330 | €2,481 | +€151 | +6.5% |
| Total equity and liabilities | 10/49 | €38,102 | €18,962 | -€19,139 | -50.2% |
| Equity | 10/15 | €31,179 | €16,053 | -€15,126 | -48.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €27,179 | €12,053 | -€15,126 | -55.7% |
| Distributable reserves | 133 | €27,179 | €12,053 | -€15,126 | -55.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,923 | €2,910 | -€4,014 | -58.0% |
| Amounts payable within one year | 42/48 | €6,923 | €2,910 | -€4,014 | -58.0% |
| Trade debts | 44 | €348 | €93 | -€256 | -73.4% |
| Suppliers | 440/4 | €348 | €93 | -€256 | -73.4% |
| Taxes, remuneration and social security | 45 | €835 | €0 | -€835 | -100% |
| Taxes | 450/3 | €835 | €0 | -€835 | -100% |
| Other amounts payable | 47/48 | €5,740 | €2,817 | -€2,923 | -50.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €679 | €777 | +€98 | +14.4% |
| Gross operating margin | 9900 | €20,352 | €13,870 | -€6,482 | -31.9% |
| Operating profit (loss) | 9901 | €19,673 | €13,093 | -€6,580 | -33.4% |
| Financial income | 75/76B | €17 | €1 | -€16 | -96.7% |
| Recurring financial income | 75 | €17 | €1 | -€16 | -96.7% |
| Financial charges | 65/66B | €522 | €454 | -€69 | -13.2% |
| Recurring financial charges | 65 | €522 | €454 | -€69 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €19,167 | €12,640 | -€6,527 | -34.1% |
| Income taxes | 67/77 | €3,835 | €2,766 | -€1,070 | -27.9% |
| Profit (loss) for the period | 9904 | €15,332 | €9,874 | -€5,458 | -35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,332 | €9,874 | -€5,458 | -35.6% |
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.