SMITS CONSULTING: 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.
SMITS CONSULTING
Largest movements
- Cash -€2,520
down €2,520 (-45.5%), from €5,532 to €3,012
mainly Other debts (-€3,694) and Trade debts (-€605)
- Receivables within one year -€483
down €483 (-1.4%), from €34,168 to €33,685
- Other debts -€3,694
down €3,694 (-2.4%), from €152,348 to €148,654
- Profit (loss) carried forward +€1,102
up €1,102 (+0.9%), from -€125,763 to -€124,661
- Trade debts -€605
no longer reported in 2025 (was €605)
- Gross operating margin -€2,117
down €2,117 (-51.2%), from €4,133 to €2,015
- Depreciation -€143
no longer reported in 2025 (was €143)
- Other operating charges +€80
up €80 (+12.8%), from €626 to €706
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 | €40,305 | €37,108 | -€3,197 | -7.9% |
| Current assets | 29/58 | €40,305 | €37,108 | -€3,197 | -7.9% |
| Amounts receivable within one year | 40/41 | €34,168 | €33,685 | -€483 | -1.4% |
| Trade receivables | 40 | €34,168 | €33,685 | -€483 | -1.4% |
| Cash at bank and in hand | 54/58 | €5,532 | €3,012 | -€2,520 | -45.5% |
| Deferred charges and accrued income | 490/1 | €605 | €411 | -€194 | -32.1% |
| Total equity and liabilities | 10/49 | €40,305 | €37,108 | -€3,197 | -7.9% |
| Equity | 10/15 | -€113,363 | -€112,261 | +€1,102 | +1.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,763 | -€124,661 | +€1,102 | +0.9% |
| Amounts payable | 17/49 | €153,668 | €149,369 | -€4,299 | -2.8% |
| Amounts payable within one year | 42/48 | €153,668 | €149,369 | -€4,299 | -2.8% |
| Trade debts | 44 | €605 | - | -€605 | |
| Suppliers | 440/4 | €605 | - | -€605 | |
| Advances received on contracts in progress | 46 | €715 | €715 | = | 0.0% |
| Other amounts payable | 47/48 | €152,348 | €148,654 | -€3,694 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143 | - | -€143 | |
| Other operating charges | 640/8 | €626 | €706 | +€80 | +12.8% |
| Gross operating margin | 9900 | €4,133 | €2,015 | -€2,117 | -51.2% |
| Operating profit (loss) | 9901 | €3,363 | €1,309 | -€2,054 | -61.1% |
| Financial charges | 65/66B | €233 | €207 | -€27 | -11.5% |
| Recurring financial charges | 65 | €233 | €207 | -€27 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €3,130 | €1,102 | -€2,028 | -64.8% |
| Profit (loss) for the period | 9904 | €3,130 | €1,102 | -€2,028 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,130 | €1,102 | -€2,028 | -64.8% |
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 23 October 2026 via checked.be.