SMETY CONSULTING: what changed
SMETY CONSULTING
Largest movements
- Cash +€44,953
up €44,953 (+42.8%), from €105,018 to €149,971
mainly Net result for the year (+€81,401) and Depreciation (+€3,255)
- Receivables within one year +€31,372
up €31,372 (+179%), from €17,541 to €48,912
of which Other amounts receivable: +€27,979
- Profit (loss) carried forward +€81,401
up €81,401 (+64.6%), from €126,030 to €207,432
- Tax, wage and social debts -€4,404
down €4,404 (-48.4%), from €9,097 to €4,694
- Gross operating margin +€16,923
up €16,923 (+19.0%), from €89,003 to €105,926
- Taxes +€3,799
up €3,799 (+21.5%), from €17,666 to €21,465
- Depreciation +€1,461
up €1,461 (+81.4%), from €1,794 to €3,255
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,093 | €216,913 | +€76,820 | +54.8% |
| Fixed assets | 21/28 | €16,159 | €16,615 | +€456 | +2.8% |
| Tangible fixed assets | 22/27 | €16,159 | €16,615 | +€456 | +2.8% |
| Plant, machinery and equipment | 23 | €14,043 | €12,564 | -€1,480 | -10.5% |
| Furniture and vehicles | 24 | €2,116 | €4,052 | +€1,936 | +91.5% |
| Current assets | 29/58 | €123,934 | €200,298 | +€76,364 | +61.6% |
| Amounts receivable within one year | 40/41 | €17,541 | €48,912 | +€31,372 | +179% |
| Trade receivables | 40 | €17,541 | €20,933 | +€3,392 | +19.3% |
| Other amounts receivable | 41 | - | €27,979 | +€27,979 | |
| Cash at bank and in hand | 54/58 | €105,018 | €149,971 | +€44,953 | +42.8% |
| Deferred charges and accrued income | 490/1 | €1,375 | €1,415 | +€39 | +2.8% |
| Total equity and liabilities | 10/49 | €140,093 | €216,913 | +€76,820 | +54.8% |
| Equity | 10/15 | €129,030 | €210,432 | +€81,401 | +63.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,030 | €207,432 | +€81,401 | +64.6% |
| Amounts payable | 17/49 | €11,063 | €6,481 | -€4,581 | -41.4% |
| Amounts payable within one year | 42/48 | €9,683 | €5,082 | -€4,600 | -47.5% |
| Trade debts | 44 | €254 | €389 | +€135 | +53.2% |
| Suppliers | 440/4 | €254 | €389 | +€135 | +53.2% |
| Taxes, remuneration and social security | 45 | €9,097 | €4,694 | -€4,404 | -48.4% |
| Taxes | 450/3 | €9,097 | €4,694 | -€4,404 | -48.4% |
| Other amounts payable | 47/48 | €332 | €0 | -€332 | -100% |
| Accrued charges and deferred income | 492/3 | €1,380 | €1,399 | +€19 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,794 | €3,255 | +€1,461 | +81.4% |
| Other operating charges | 640/8 | €380 | €399 | +€19 | +5.0% |
| Gross operating margin | 9900 | €89,003 | €105,926 | +€16,923 | +19.0% |
| Operating profit (loss) | 9901 | €86,829 | €102,273 | +€15,444 | +17.8% |
| Financial income | 75/76B | - | €779 | +€779 | |
| Recurring financial income | 75 | - | €779 | +€779 | |
| Financial charges | 65/66B | €178 | €186 | +€8 | +4.4% |
| Recurring financial charges | 65 | €178 | €186 | +€8 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €86,651 | €102,866 | +€16,215 | +18.7% |
| Income taxes | 67/77 | €17,666 | €21,465 | +€3,799 | +21.5% |
| Profit (loss) for the period | 9904 | €68,985 | €81,401 | +€12,416 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,985 | €81,401 | +€12,416 | +18.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.