SMET THUISVERPLEGING: 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.
SMET THUISVERPLEGING
Largest movements
- Cash -€11,187
down €11,187 (-73.2%), from €15,280 to €4,093
mainly Contributions, distributions and other (-€22,544) and Other debts (-€7,427)
- Tangible fixed assets -€6,116
down €6,116 (-5.3%), from €115,639 to €109,523
of which Land and buildings: -€5,016
- Receivables within one year -€3,269
down €3,269 (-5.8%), from €56,784 to €53,515
of which Other amounts receivable: -€4,613
- Reserves -€10,329
down €10,329 (-8.1%), from €127,946 to €117,617
- Other debts -€7,427
down €7,427 (-24.8%), from €29,971 to €22,544
- Accrued charges and deferred income +€2,564
up €2,564 (+141%), from €1,816 to €4,380
- Current portion of long-term debt -€2,229
down €2,229 (-57.3%), from €3,890 to €1,661
- Gross operating margin -€6,523
down €6,523 (-17.7%), from €36,797 to €30,274
- Taxes -€2,488
down €2,488 (-31.0%), from €8,023 to €5,535
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 | €187,853 | €169,146 | -€18,707 | -10.0% |
| Fixed assets | 21/28 | €115,789 | €109,673 | -€6,116 | -5.3% |
| Tangible fixed assets | 22/27 | €115,639 | €109,523 | -€6,116 | -5.3% |
| Land and buildings | 22 | €90,770 | €85,754 | -€5,016 | -5.5% |
| Plant, machinery and equipment | 23 | €12,335 | €11,625 | -€710 | -5.8% |
| Furniture and vehicles | 24 | €12,534 | €12,144 | -€390 | -3.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €72,064 | €59,473 | -€12,591 | -17.5% |
| Amounts receivable within one year | 40/41 | €56,784 | €53,515 | -€3,269 | -5.8% |
| Trade receivables | 40 | €9,576 | €10,920 | +€1,344 | +14.0% |
| Other amounts receivable | 41 | €47,208 | €42,595 | -€4,613 | -9.8% |
| Cash at bank and in hand | 54/58 | €15,280 | €4,093 | -€11,187 | -73.2% |
| Deferred charges and accrued income | 490/1 | - | €1,865 | +€1,865 | |
| Total equity and liabilities | 10/49 | €187,853 | €169,146 | -€18,707 | -10.0% |
| Equity | 10/15 | €146,946 | €136,617 | -€10,329 | -7.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €127,946 | €117,617 | -€10,329 | -8.1% |
| Distributable reserves | 133 | €127,946 | €117,617 | -€10,329 | -8.1% |
| Amounts payable | 17/49 | €40,907 | €32,529 | -€8,378 | -20.5% |
| Amounts payable after more than one year | 17 | €1,661 | - | -€1,661 | |
| Financial debts | 170/4 | €1,661 | - | -€1,661 | |
| Amounts payable within one year | 42/48 | €37,430 | €28,149 | -€9,281 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €3,890 | €1,661 | -€2,229 | -57.3% |
| Trade debts | 44 | €1,213 | €1,526 | +€313 | +25.8% |
| Suppliers | 440/4 | €1,213 | €1,526 | +€313 | +25.8% |
| Taxes, remuneration and social security | 45 | €2,356 | €2,418 | +€62 | +2.6% |
| Taxes | 450/3 | €2,356 | €2,418 | +€62 | +2.6% |
| Other amounts payable | 47/48 | €29,971 | €22,544 | -€7,427 | -24.8% |
| Accrued charges and deferred income | 492/3 | €1,816 | €4,380 | +€2,564 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,277 | €9,568 | +€291 | +3.1% |
| Other operating charges | 640/8 | €2,875 | €2,671 | -€204 | -7.1% |
| Gross operating margin | 9900 | €36,797 | €30,274 | -€6,523 | -17.7% |
| Operating profit (loss) | 9901 | €24,645 | €18,035 | -€6,610 | -26.8% |
| Financial income | 75/76B | €1,644 | €1,652 | +€8 | +0.5% |
| Recurring financial income | 75 | €1,644 | €1,652 | +€8 | +0.5% |
| Financial charges | 65/66B | €2,001 | €1,937 | -€64 | -3.2% |
| Recurring financial charges | 65 | €2,001 | €1,937 | -€64 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €24,288 | €17,750 | -€6,538 | -26.9% |
| Income taxes | 67/77 | €8,023 | €5,535 | -€2,488 | -31.0% |
| Profit (loss) for the period | 9904 | €16,265 | €12,215 | -€4,050 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,265 | €12,215 | -€4,050 | -24.9% |
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 26 October 2026 via checked.be.