SMET N EXCOMPTAFISC: what changed
What changed
SMET N EXCOMPTAFISC
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€36,848
2024 · €29,675+€7,173
Equity
€208,566
2024 · €171,718+€36,848
Cash
€109,248
2024 · €101,747+€7,501
Balance sheet total
€364,808
2024 · €354,983+€9,825
Largest movements
Assets
- Cash +€7,501
up €7,501 (+7.4%), from €101,747 to €109,248
mainly Net result for the year (+€36,848) and Current portion of long-term debt (+€3,416)
- Receivables within one year +€5,403
up €5,403 (+1,704%), from €317 to €5,720
of which Trade receivables: +€5,199
Equity and liabilities
- Reserves +€36,848
up €36,848 (+48.3%), from €76,236 to €113,084
- Debts after one year -€23,851
down €23,851 (-21.6%), from €110,365 to €86,514
- Tax, wage and social debts -€5,453
down €5,453 (-24.8%), from €21,995 to €16,542
of which Remuneration and social security: -€9,301
Income statement
- Gross operating margin +€5,634
up €5,634 (+11.3%), from €49,670 to €55,304
- Financial income +€5,247
up €5,247 (+628%), from €835 to €6,082
- Taxes +€3,545
up €3,545 (+25.9%), from €13,712 to €17,257
- Depreciation +€649
up €649 (+59.8%), from €1,085 to €1,734
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,675
Gross operating margin
+€5,634
Depreciation
-€649
Other operating charges
+€113
Financial income
+€5,247
Financial charges
+€373
Taxes
-€3,545
Result 2025
€36,848
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€29,502
Investment
-€1,566
Financing
-€20,435
Cash 2024
€101,747
From operations (derived)
+€29,502
Net result for the year
+€36,848
Depreciation
+€1,734
Receivables within one year
-€5,403
Deferred charges and accrued income
+€2,911
Trade debts
-€1,142
Tax, wage and social debts
-€5,453
Advances received
-€490
Other debts
-€1,609
Accrued charges and deferred income
+€2,106
Investment (derived)
-€1,566
Investment in fixed assets (net)
-€1,566
Financing
-€20,435
Debts after one year
-€23,851
Current portion of long-term debt
+€3,416
Cash 2025
€109,248
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €354,983 | €364,808 | +€9,825 | +2.8% |
| Fixed assets | 21/28 | €213,008 | €212,840 | -€168 | -0.1% |
| Tangible fixed assets | 22/27 | €3,008 | €2,840 | -€168 | -5.6% |
| Plant, machinery and equipment | 23 | €1,277 | €847 | -€430 | -33.7% |
| Furniture and vehicles | 24 | €1,731 | €1,993 | +€262 | +15.1% |
| Financial fixed assets | 28 | €210,000 | €210,000 | = | 0.0% |
| Current assets | 29/58 | €141,975 | €151,968 | +€9,993 | +7.0% |
| Amounts receivable after more than one year | 29 | €37,000 | €37,000 | = | 0.0% |
| Other amounts receivable | 291 | €37,000 | €37,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €317 | €5,720 | +€5,403 | +1,704% |
| Trade receivables | 40 | €317 | €5,516 | +€5,199 | +1,640% |
| Other amounts receivable | 41 | - | €204 | +€204 | |
| Cash at bank and in hand | 54/58 | €101,747 | €109,248 | +€7,501 | +7.4% |
| Deferred charges and accrued income | 490/1 | €2,911 | - | -€2,911 | |
| Total equity and liabilities | 10/49 | €354,983 | €364,808 | +€9,825 | +2.8% |
| Equity | 10/15 | €171,718 | €208,566 | +€36,848 | +21.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €76,236 | €113,084 | +€36,848 | +48.3% |
| Distributable reserves | 133 | €76,236 | €113,084 | +€36,848 | +48.3% |
| Profit (loss) carried forward | 14 | €75,022 | €75,022 | = | 0.0% |
| Amounts payable | 17/49 | €183,265 | €156,242 | -€27,023 | -14.7% |
| Amounts payable after more than one year | 17 | €110,365 | €86,514 | -€23,851 | -21.6% |
| Financial debts | 170/4 | €110,365 | €86,514 | -€23,851 | -21.6% |
| Amounts payable within one year | 42/48 | €72,900 | €67,622 | -€5,278 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €30,463 | €33,879 | +€3,416 | +11.2% |
| Trade debts | 44 | €6,033 | €4,891 | -€1,142 | -18.9% |
| Suppliers | 440/4 | €6,033 | €4,891 | -€1,142 | -18.9% |
| Advances received on contracts in progress | 46 | €10,300 | €9,810 | -€490 | -4.8% |
| Taxes, remuneration and social security | 45 | €21,995 | €16,542 | -€5,453 | -24.8% |
| Taxes | 450/3 | €10,363 | €14,211 | +€3,848 | +37.1% |
| Remuneration and social security | 454/9 | €11,632 | €2,331 | -€9,301 | -80.0% |
| Other amounts payable | 47/48 | €4,109 | €2,500 | -€1,609 | -39.2% |
| Accrued charges and deferred income | 492/3 | - | €2,106 | +€2,106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,085 | €1,734 | +€649 | +59.8% |
| Other operating charges | 640/8 | €3,189 | €3,076 | -€113 | -3.5% |
| Gross operating margin | 9900 | €49,670 | €55,304 | +€5,634 | +11.3% |
| Operating profit (loss) | 9901 | €45,396 | €50,494 | +€5,098 | +11.2% |
| Financial income | 75/76B | €835 | €6,082 | +€5,247 | +628% |
| Recurring financial income | 75 | €835 | €6,082 | +€5,247 | +628% |
| Financial charges | 65/66B | €2,844 | €2,471 | -€373 | -13.1% |
| Recurring financial charges | 65 | €2,844 | €2,471 | -€373 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €43,387 | €54,105 | +€10,718 | +24.7% |
| Income taxes | 67/77 | €13,712 | €17,257 | +€3,545 | +25.9% |
| Profit (loss) for the period | 9904 | €29,675 | €36,848 | +€7,173 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,675 | €36,848 | +€7,173 | +24.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.