SMETS CONSULTING SERVICES: 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.
SMETS CONSULTING SERVICES
Largest movements
- Receivables within one year -€149,670
down €149,670 (-33.7%), from €443,859 to €294,189
of which Other amounts receivable: -€149,670
- Cash +€35,252
up €35,252 (+34.4%), from €102,375 to €137,627
mainly Net result for the year (+€282,890) and Receivables within one year (+€149,670)
- Tangible fixed assets -€18,456
down €18,456 (-9.6%), from €192,220 to €173,764
of which Land and buildings: -€18,166
- Reserves -€182,309
down €182,309 (-24.6%), from €739,941 to €557,633
- Tax, wage and social debts +€32,802
up €32,802 (+594%), from €5,519 to €38,321
- Financial income +€298,451
up €298,451 (+1,386%), from €21,527 to €319,978
- Taxes +€29,248
up €29,248 (+1,122%), from €2,607 to €31,855
- Gross operating margin +€7,742
up €7,742 (+87.4%), from €8,855 to €16,598
- Other operating charges -€468
down €468 (-12.5%), from €3,753 to €3,285
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 | €1,394,326 | €1,255,441 | -€138,885 | -10.0% |
| Fixed assets | 21/28 | €823,858 | €805,402 | -€18,456 | -2.2% |
| Tangible fixed assets | 22/27 | €192,220 | €173,764 | -€18,456 | -9.6% |
| Land and buildings | 22 | €191,290 | €173,124 | -€18,166 | -9.5% |
| Furniture and vehicles | 24 | €930 | €640 | -€290 | -31.1% |
| Financial fixed assets | 28 | €631,638 | €631,638 | = | 0.0% |
| Current assets | 29/58 | €570,468 | €450,039 | -€120,429 | -21.1% |
| Amounts receivable within one year | 40/41 | €443,859 | €294,189 | -€149,670 | -33.7% |
| Trade receivables | 40 | €6,434 | €6,434 | = | 0.0% |
| Other amounts receivable | 41 | €437,425 | €287,755 | -€149,670 | -34.2% |
| Cash at bank and in hand | 54/58 | €102,375 | €137,627 | +€35,252 | +34.4% |
| Deferred charges and accrued income | 490/1 | €24,234 | €18,222 | -€6,011 | -24.8% |
| Total equity and liabilities | 10/49 | €1,394,326 | €1,255,441 | -€138,885 | -10.0% |
| Equity | 10/15 | €1,386,541 | €1,204,233 | -€182,309 | -13.1% |
| Contributions | 10/11 | €646,600 | €646,600 | = | 0.0% |
| Reserves | 13 | €739,941 | €557,633 | -€182,309 | -24.6% |
| Distributable reserves | 133 | €739,941 | €557,633 | -€182,309 | -24.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,785 | €51,208 | +€43,424 | +558% |
| Amounts payable within one year | 42/48 | €7,785 | €51,208 | +€43,424 | +558% |
| Trade debts | 44 | €2,265 | €2,620 | +€355 | +15.7% |
| Suppliers | 440/4 | €2,265 | €2,620 | +€355 | +15.7% |
| Taxes, remuneration and social security | 45 | €5,519 | €38,321 | +€32,802 | +594% |
| Taxes | 450/3 | €5,519 | €38,321 | +€32,802 | +594% |
| Other amounts payable | 47/48 | €0 | €10,267 | +€10,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,456 | €18,456 | = | 0.0% |
| Other operating charges | 640/8 | €3,753 | €3,285 | -€468 | -12.5% |
| Gross operating margin | 9900 | €8,855 | €16,598 | +€7,742 | +87.4% |
| Operating profit (loss) | 9901 | -€13,353 | -€5,143 | +€8,211 | +61.5% |
| Financial income | 75/76B | €21,527 | €319,978 | +€298,451 | +1,386% |
| Recurring financial income | 75 | €21,527 | €319,978 | +€298,451 | +1,386% |
| Financial charges | 65/66B | €87 | €90 | +€3 | +2.9% |
| Recurring financial charges | 65 | €87 | €90 | +€3 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €8,086 | €314,746 | +€306,659 | +3,792% |
| Income taxes | 67/77 | €2,607 | €31,855 | +€29,248 | +1,122% |
| Profit (loss) for the period | 9904 | €5,479 | €282,890 | +€277,411 | +5,063% |
| Profit (loss) for the period to be appropriated | 9905 | €5,479 | €282,890 | +€277,411 | +5,063% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.