Smitten: 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.
Smitten
Largest movements
- Cash +€22,307
up €22,307 (+127.4%), from €17,507 to €39,814
mainly Net result for the year (+€55,931) and Trade debts (+€10,174)
- Receivables within one year +€4,765
up €4,765 (+35.2%), from €13,528 to €18,293
of which Other amounts receivable: +€3,275
- Tangible fixed assets +€4,472
up €4,472 (+309.5%), from €1,445 to €5,916
- Deferred charges and accrued income +€812
up €812 (+43.2%), from €1,878 to €2,691
- Reserves +€20,025
up €20,025, from €0 to €20,025
- Trade debts +€10,174
up €10,174 (+182.3%), from €5,580 to €15,755
- Other debts +€3,271
up €3,271 (+136.8%), from €2,392 to €5,663
- Tax, wage and social debts -€2,110
down €2,110 (-9.5%), from €22,132 to €20,022
- Profit (loss) carried forward +€906
up €906, from -€906 to €0
- Gross operating margin +€82,383
up €82,383, from -€11,904 to €70,478
- Taxes +€11,270
up €11,270 (+8804.7%), from €128 to €11,398
- Depreciation +€746
up €746 (+68.1%), from €1,095 to €1,840
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.
Cash bridge derived
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 | €34,358 | €66,714 | +€32,356 | +94.2% |
| Fixed assets | 21/28 | €1,445 | €5,916 | +€4,472 | +309.5% |
| Tangible fixed assets | 22/27 | €1,445 | €5,916 | +€4,472 | +309.5% |
| Furniture and vehicles | 24 | €1,445 | €5,916 | +€4,472 | +309.5% |
| Current assets | 29/58 | €32,913 | €60,798 | +€27,884 | +84.7% |
| Amounts receivable within one year | 40/41 | €13,528 | €18,293 | +€4,765 | +35.2% |
| Trade receivables | 40 | €13,379 | €14,870 | +€1,491 | +11.1% |
| Other amounts receivable | 41 | €149 | €3,424 | +€3,275 | +2196.3% |
| Cash at bank and in hand | 54/58 | €17,507 | €39,814 | +€22,307 | +127.4% |
| Deferred charges and accrued income | 490/1 | €1,878 | €2,691 | +€812 | +43.2% |
| Total equity and liabilities | 10/49 | €34,358 | €66,714 | +€32,356 | +94.2% |
| Equity | 10/15 | €4,094 | €25,025 | +€20,931 | +511.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | €20,025 | +€20,025 | |
| Distributable reserves | 133 | €0 | €20,025 | +€20,025 | |
| Profit (loss) carried forward | 14 | -€906 | €0 | +€906 | |
| Amounts payable | 17/49 | €30,264 | €41,689 | +€11,425 | +37.8% |
| Amounts payable within one year | 42/48 | €30,104 | €41,439 | +€11,335 | +37.7% |
| Trade debts | 44 | €5,580 | €15,755 | +€10,174 | +182.3% |
| Suppliers | 440/4 | €5,580 | €15,755 | +€10,174 | +182.3% |
| Taxes, remuneration and social security | 45 | €22,132 | €20,022 | -€2,110 | -9.5% |
| Taxes | 450/3 | €22,132 | €20,022 | -€2,110 | -9.5% |
| Other amounts payable | 47/48 | €2,392 | €5,663 | +€3,271 | +136.8% |
| Accrued charges and deferred income | 492/3 | €160 | €250 | +€90 | +56.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €1,840 | +€746 | +68.1% |
| Other operating charges | 640/8 | €365 | €770 | +€406 | +111.2% |
| Non-recurring operating charges | 66A | €65 | €0 | -€65 | -100.0% |
| Gross operating margin | 9900 | -€11,904 | €70,478 | +€82,383 | |
| Operating profit (loss) | 9901 | -€13,428 | €67,868 | +€81,296 | |
| Financial income | 75/76B | €3 | €31 | +€28 | +807.6% |
| Recurring financial income | 75 | €3 | €31 | +€28 | +807.6% |
| Financial charges | 65/66B | €1,195 | €570 | -€625 | -52.3% |
| Recurring financial charges | 65 | €1,195 | €570 | -€625 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,620 | €67,329 | +€81,949 | |
| Income taxes | 67/77 | €128 | €11,398 | +€11,270 | +8804.7% |
| Profit (loss) for the period | 9904 | -€14,748 | €55,931 | +€70,679 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,748 | €55,931 | +€70,679 |
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 10 October 2026 via checked.be.