SMIDTS: 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.
SMIDTS
Largest movements
- Cash -€636
down €636 (-14.1%), from €4,510 to €3,874
mainly Net result for the year (-€526) and Receivables within one year (-€110)
- Profit (loss) carried forward -€526
down €526 (-0.5%), from -€99,569 to -€100,095
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €44,815 | €44,290 | -€526 | -1.2% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €44,791 | €44,265 | -€526 | -1.2% |
| Stocks and contracts in progress | 3 | €40,060 | €40,060 | = | 0.0% |
| Stocks | 30/36 | €40,060 | €40,060 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €220 | €331 | +€110 | +50.1% |
| Other amounts receivable | 41 | €220 | €331 | +€110 | +50.1% |
| Cash at bank and in hand | 54/58 | €4,510 | €3,874 | -€636 | -14.1% |
| Total equity and liabilities | 10/49 | €44,815 | €44,290 | -€526 | -1.2% |
| Equity | 10/15 | -€75,533 | -€76,059 | -€526 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,443 | €5,443 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €3,584 | €3,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,569 | -€100,095 | -€526 | -0.5% |
| Amounts payable | 17/49 | €120,349 | €120,349 | = | 0.0% |
| Amounts payable within one year | 42/48 | €120,349 | €120,349 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €317 | €317 | = | 0.0% |
| Taxes | 450/3 | €317 | €317 | = | 0.0% |
| Other amounts payable | 47/48 | €120,032 | €120,032 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€524 | -€526 | -€2 | -0.4% |
| Operating profit (loss) | 9901 | -€911 | -€526 | +€385 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€911 | -€526 | +€385 | +42.3% |
| Profit (loss) for the period | 9904 | -€911 | -€526 | +€385 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€911 | -€526 | +€385 | +42.3% |
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 17 October 2026 via checked.be.