SMETS COMFORT: what changed
What changed
SMETS COMFORT
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€1,595
2024 · -€8,402+€9,997
Equity
-€9,229
2024 · -€10,824+€1,595
Cash
-
not filed
Balance sheet total
€61,890
2024 · €48,622+€13,267
Largest movements
Assets
- Tangible fixed assets +€20,621
up €20,621 (+58.9%), from €35,008 to €55,629
of which Furniture and vehicles: +€25,841
- Receivables within one year -€7,036
no longer reported in 2025 (was €7,036)
Equity and liabilities
- Other debts +€11,846
up €11,846 (+33.8%), from €35,093 to €46,939
- Short-term financial debts -€1,987
down €1,987 (-14.8%), from €13,394 to €11,407
- Profit (loss) carried forward +€1,595
up €1,595 (+1.1%), from -€146,409 to -€144,814
- Trade debts +€1,151
up €1,151 (+19.9%), from €5,791 to €6,942
- Tax, wage and social debts +€662
up €662 (+392%), from €169 to €831
Income statement
- Gross operating margin +€10,843
up €10,843 (+640%), from €1,693 to €12,535
- Depreciation +€1,048
up €1,048 (+19.7%), from €5,310 to €6,358
- Financial charges -€260
down €260 (-14.2%), from €1,839 to €1,579
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
-€8,402
Gross operating margin
+€10,843
Depreciation
-€1,048
Other operating charges
-€81
Financial income
+€9
Financial charges
+€260
Taxes
+€13
Result 2025
€1,595
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,622 | €61,890 | +€13,267 | +27.3% |
| Fixed assets | 21/28 | €35,008 | €55,629 | +€20,621 | +58.9% |
| Tangible fixed assets | 22/27 | €35,008 | €55,629 | +€20,621 | +58.9% |
| Land and buildings | 22 | €34,549 | €29,788 | -€4,761 | -13.8% |
| Plant, machinery and equipment | 23 | €459 | - | -€459 | |
| Furniture and vehicles | 24 | - | €25,841 | +€25,841 | |
| Current assets | 29/58 | €13,614 | €6,260 | -€7,354 | -54.0% |
| Stocks and contracts in progress | 3 | €5,395 | €5,395 | = | 0.0% |
| Stocks | 30/36 | €5,395 | €5,395 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,036 | - | -€7,036 | |
| Trade receivables | 40 | €7,036 | - | -€7,036 | |
| Deferred charges and accrued income | 490/1 | €1,184 | €866 | -€318 | -26.9% |
| Total equity and liabilities | 10/49 | €48,622 | €61,890 | +€13,267 | +27.3% |
| Equity | 10/15 | -€10,824 | -€9,229 | +€1,595 | +14.7% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €104,585 | €104,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €93,485 | €93,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,409 | -€144,814 | +€1,595 | +1.1% |
| Amounts payable | 17/49 | €59,446 | €71,118 | +€11,672 | +19.6% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Financial debts | 170/4 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €54,446 | €66,118 | +€11,672 | +21.4% |
| Financial debts | 43 | €13,394 | €11,407 | -€1,987 | -14.8% |
| Credit institutions | 430/8 | €13,394 | €11,407 | -€1,987 | -14.8% |
| Trade debts | 44 | €5,791 | €6,942 | +€1,151 | +19.9% |
| Suppliers | 440/4 | €5,791 | €6,942 | +€1,151 | +19.9% |
| Taxes, remuneration and social security | 45 | €169 | €831 | +€662 | +392% |
| Taxes | 450/3 | €169 | €831 | +€662 | +392% |
| Other amounts payable | 47/48 | €35,093 | €46,939 | +€11,846 | +33.8% |
| Non-recurring operating income | 76A | - | €6,500 | +€6,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,310 | €6,358 | +€1,048 | +19.7% |
| Other operating charges | 640/8 | €2,874 | €2,955 | +€81 | +2.8% |
| Gross operating margin | 9900 | €1,693 | €12,535 | +€10,843 | +640% |
| Operating profit (loss) | 9901 | -€6,491 | €3,223 | +€9,714 | |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €1,839 | €1,579 | -€260 | -14.2% |
| Recurring financial charges | 65 | €1,839 | €1,579 | -€260 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,330 | €1,653 | +€9,983 | |
| Income taxes | 67/77 | €71 | €58 | -€13 | -18.7% |
| Profit (loss) for the period | 9904 | -€8,402 | €1,595 | +€9,997 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,402 | €1,595 | +€9,997 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.