SMETS DIAMANT: 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 DIAMANT
Largest movements
- Receivables within one year -€93,114
down €93,114 (-45.5%), from €204,693 to €111,579
of which Trade receivables: -€92,907
- Cash +€3,017
up €3,017 (+73.2%), from €4,123 to €7,140
mainly Receivables within one year (+€93,114) and Depreciation (+€551)
- Other debts -€77,144
down €77,144 (-9.5%), from €815,545 to €738,401
- Profit (loss) carried forward -€13,933
down €13,933 (-1.0%), from -€1.4m to -€1.4m
- Write-downs -€20,342
no longer reported in 2025 (was €20,342)
- Purchases and services -€11,001
no longer reported in 2025 (was €11,001)
- Other operating charges -€9,485
down €9,485 (-88.5%), from €10,713 to €1,228
- Gross operating margin +€4,377
up €4,377 (+39.8%), from -€11,001 to -€6,624
- Financial income +€1,469
up €1,469 (+165%), from €890 to €2,360
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 | €214,343 | €123,320 | -€91,022 | -42.5% |
| Fixed assets | 21/28 | €4,163 | €3,458 | -€705 | -16.9% |
| Tangible fixed assets | 22/27 | €551 | - | -€551 | |
| Plant, machinery and equipment | 23 | €551 | - | -€551 | |
| Financial fixed assets | 28 | €3,612 | €3,458 | -€154 | -4.3% |
| Current assets | 29/58 | €210,180 | €119,862 | -€90,317 | -43.0% |
| Amounts receivable within one year | 40/41 | €204,693 | €111,579 | -€93,114 | -45.5% |
| Trade receivables | 40 | €204,383 | €111,477 | -€92,907 | -45.5% |
| Other amounts receivable | 41 | €310 | €102 | -€208 | -67.0% |
| Cash at bank and in hand | 54/58 | €4,123 | €7,140 | +€3,017 | +73.2% |
| Deferred charges and accrued income | 490/1 | €1,364 | €1,144 | -€220 | -16.2% |
| Total equity and liabilities | 10/49 | €214,343 | €123,320 | -€91,022 | -42.5% |
| Equity | 10/15 | -€601,203 | -€615,136 | -€13,933 | -2.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €733,502 | €733,502 | = | 0.0% |
| Distributable reserves | 133 | €733,502 | €733,502 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,353,705 | -€1,367,638 | -€13,933 | -1.0% |
| Amounts payable | 17/49 | €815,545 | €738,456 | -€77,089 | -9.5% |
| Amounts payable within one year | 42/48 | €815,545 | €738,456 | -€77,089 | -9.5% |
| Trade debts | 44 | - | €55 | +€55 | |
| Suppliers | 440/4 | - | €55 | +€55 | |
| Other amounts payable | 47/48 | €815,545 | €738,401 | -€77,144 | -9.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €11,001 | - | -€11,001 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €440 | €551 | +€111 | +25.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,342 | - | -€20,342 | |
| Other operating charges | 640/8 | €10,713 | €1,228 | -€9,485 | -88.5% |
| Gross operating margin | 9900 | -€11,001 | -€6,624 | +€4,377 | +39.8% |
| Operating profit (loss) | 9901 | -€42,496 | -€8,403 | +€34,094 | +80.2% |
| Financial income | 75/76B | €890 | €2,360 | +€1,469 | +165% |
| Recurring financial income | 75 | €890 | €2,360 | +€1,469 | +165% |
| Financial charges | 65/66B | €8,304 | €7,890 | -€414 | -5.0% |
| Recurring financial charges | 65 | €8,304 | €7,890 | -€414 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,910 | -€13,933 | +€35,977 | +72.1% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€49,910 | -€13,933 | +€35,977 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,910 | -€13,933 | +€35,977 | +72.1% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.