SMETS EN RUPPOL: 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 EN RUPPOL
Largest movements
- Receivables within one year +€13,630
up €13,630 (+95.8%), from €14,227 to €27,858
- Profit (loss) carried forward +€110,938
up €110,938 (+69.8%), from -€159,030 to -€48,093
- Reserves -€77,034
down €77,034 (-100%), from €77,034 to €0
- Other debts -€28,736
down €28,736 (-26.8%), from €107,113 to €78,378
- Current portion of long-term debt -€7,892
down €7,892 (-34.3%), from €22,992 to €15,100
- Tax, wage and social debts +€7,232
up €7,232 (+80.6%), from €8,969 to €16,201
- Gross operating margin -€11,719
down €11,719 (-18.5%), from €63,349 to €51,630
- Depreciation -€1,776
down €1,776 (-16.0%), from €11,121 to €9,345
- Financial charges +€1,611
up €1,611 (+39.7%), from €4,059 to €5,670
- Other operating charges -€1,241
down €1,241 (-34.3%), from €3,621 to €2,381
- Taxes +€643
new in 2025: €643
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,762 | €187,746 | +€11,985 | +6.8% |
| Fixed assets | 21/28 | €161,534 | €159,889 | -€1,646 | -1.0% |
| Tangible fixed assets | 22/27 | €161,484 | €159,839 | -€1,646 | -1.0% |
| Land and buildings | 22 | €161,484 | €152,698 | -€8,786 | -5.4% |
| Plant, machinery and equipment | 23 | - | €7,141 | +€7,141 | |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €14,227 | €27,858 | +€13,630 | +95.8% |
| Amounts receivable within one year | 40/41 | €14,227 | €27,858 | +€13,630 | +95.8% |
| Trade receivables | 40 | €14,227 | €27,858 | +€13,630 | +95.8% |
| Total equity and liabilities | 10/49 | €175,762 | €187,746 | +€11,985 | +6.8% |
| Equity | 10/15 | -€75,789 | -€41,885 | +€33,904 | +44.7% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €77,034 | €0 | -€77,034 | -100% |
| Distributable reserves | 133 | €77,034 | €0 | -€77,034 | -100% |
| Profit (loss) carried forward | 14 | -€159,030 | -€48,093 | +€110,938 | +69.8% |
| Amounts payable | 17/49 | €251,550 | €229,631 | -€21,919 | -8.7% |
| Amounts payable after more than one year | 17 | €92,500 | €92,500 | = | 0.0% |
| Financial debts | 170/4 | €92,500 | - | -€92,500 | |
| Other amounts payable | 178/9 | - | €92,500 | +€92,500 | |
| Amounts payable within one year | 42/48 | €159,050 | €136,963 | -€22,087 | -13.9% |
| Current portion of amounts payable after more than one year | 42 | €22,992 | €15,100 | -€7,892 | -34.3% |
| Financial debts | 43 | €17,440 | €21,057 | +€3,617 | +20.7% |
| Credit institutions | 430/8 | €17,440 | €21,057 | +€3,617 | +20.7% |
| Trade debts | 44 | €2,536 | €6,227 | +€3,691 | +146% |
| Suppliers | 440/4 | €2,536 | €6,227 | +€3,691 | +146% |
| Taxes, remuneration and social security | 45 | €8,969 | €16,201 | +€7,232 | +80.6% |
| Taxes | 450/3 | €8,969 | €16,201 | +€7,232 | +80.6% |
| Other amounts payable | 47/48 | €107,113 | €78,378 | -€28,736 | -26.8% |
| Accrued charges and deferred income | 492/3 | - | €168 | +€168 | |
| Non-recurring operating income | 76A | - | €2,246 | +€2,246 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,121 | €9,345 | -€1,776 | -16.0% |
| Other operating charges | 640/8 | €3,621 | €2,381 | -€1,241 | -34.3% |
| Gross operating margin | 9900 | €63,349 | €51,630 | -€11,719 | -18.5% |
| Operating profit (loss) | 9901 | €48,606 | €39,904 | -€8,702 | -17.9% |
| Financial income | 75/76B | €11 | €313 | +€302 | +2,852% |
| Recurring financial income | 75 | €11 | €313 | +€302 | +2,852% |
| Financial charges | 65/66B | €4,059 | €5,670 | +€1,611 | +39.7% |
| Recurring financial charges | 65 | €4,059 | €5,670 | +€1,611 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €44,558 | €34,547 | -€10,011 | -22.5% |
| Income taxes | 67/77 | - | €643 | +€643 | |
| Profit (loss) for the period | 9904 | €44,558 | €33,904 | -€10,654 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,558 | €33,904 | -€10,654 | -23.9% |
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 29 October 2026 via checked.be.