SMOKONSULT: 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.
SMOKONSULT
Largest movements
- Cash -€182,730
down €182,730 (-88.9%), from €205,539 to €22,808
mainly Investment in fixed assets (net) (-€210,761) and Current portion of long-term debt (-€55,912)
- Tangible fixed assets +€163,398
up €163,398 (+135%), from €121,144 to €284,542
- Stocks and contracts -€42,000
down €42,000 (-100%), from €42,000 to €0
- Intangible fixed assets -€33,107
down €33,107 (-18.8%), from €175,947 to €142,840
- Receivables within one year -€23,743
down €23,743 (-51.3%), from €46,314 to €22,571
of which Trade receivables: -€30,814
- Current portion of long-term debt -€55,912
down €55,912 (-25.9%), from €215,754 to €159,842
- Debts after one year -€52,817
down €52,817 (-40.3%), from €131,206 to €78,389
- Tax, wage and social debts +€18,719
up €18,719 (+211%), from €8,868 to €27,587
of which Taxes: +€16,719
- Advances received -€17,379
down €17,379 (-100%), from €17,379 to €0
- Trade debts -€10,174
down €10,174 (-47.5%), from €21,426 to €11,252
- Purchases and services -€219,647
down €219,647 (-52.5%), from €418,713 to €199,066
- Gross operating margin +€66,753
up €66,753 (+283%), from €23,587 to €90,340
- Depreciation +€8,079
up €8,079 (+11.2%), from €72,392 to €80,470
- Other operating charges +€2,985
up €2,985 (+1,084%), from €275 to €3,260
- Financial charges -€2,218
down €2,218 (-17.1%), from €12,971 to €10,753
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 | €591,872 | €474,652 | -€117,220 | -19.8% |
| Fixed assets | 21/28 | €297,091 | €427,382 | +€130,291 | +43.9% |
| Intangible fixed assets | 21 | €175,947 | €142,840 | -€33,107 | -18.8% |
| Tangible fixed assets | 22/27 | €121,144 | €284,542 | +€163,398 | +135% |
| Land and buildings | 22 | €48,691 | €100,357 | +€51,666 | +106% |
| Plant, machinery and equipment | 23 | €7,744 | €40,324 | +€32,580 | +421% |
| Furniture and vehicles | 24 | €58,995 | €138,148 | +€79,153 | +134% |
| Other tangible fixed assets | 26 | €5,713 | €5,713 | = | 0.0% |
| Current assets | 29/58 | €294,781 | €47,270 | -€247,511 | -84.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €42,000 | €0 | -€42,000 | -100% |
| Stocks | 30/36 | €42,000 | €0 | -€42,000 | -100% |
| Amounts receivable within one year | 40/41 | €46,314 | €22,571 | -€23,743 | -51.3% |
| Trade receivables | 40 | €45,814 | €15,000 | -€30,814 | -67.3% |
| Other amounts receivable | 41 | €500 | €7,571 | +€7,071 | +1,415% |
| Cash at bank and in hand | 54/58 | €205,539 | €22,808 | -€182,730 | -88.9% |
| Deferred charges and accrued income | 490/1 | €928 | €1,891 | +€963 | +104% |
| Total equity and liabilities | 10/49 | €591,872 | €474,652 | -€117,220 | -19.8% |
| Equity | 10/15 | €187,574 | €182,898 | -€4,676 | -2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €217,566 | €217,566 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €211,366 | €211,366 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,992 | -€96,668 | -€4,676 | -5.1% |
| Amounts payable | 17/49 | €404,297 | €291,754 | -€112,544 | -27.8% |
| Amounts payable after more than one year | 17 | €131,206 | €78,389 | -€52,817 | -40.3% |
| Financial debts | 170/4 | €131,206 | €78,389 | -€52,817 | -40.3% |
| Amounts payable within one year | 42/48 | €271,683 | €210,181 | -€61,502 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €215,754 | €159,842 | -€55,912 | -25.9% |
| Trade debts | 44 | €21,426 | €11,252 | -€10,174 | -47.5% |
| Suppliers | 440/4 | €21,426 | €11,252 | -€10,174 | -47.5% |
| Advances received on contracts in progress | 46 | €17,379 | €0 | -€17,379 | -100% |
| Taxes, remuneration and social security | 45 | €8,868 | €27,587 | +€18,719 | +211% |
| Taxes | 450/3 | €8,332 | €25,051 | +€16,719 | +201% |
| Remuneration and social security | 454/9 | €536 | €2,536 | +€2,000 | +373% |
| Other amounts payable | 47/48 | €8,257 | €11,501 | +€3,243 | +39.3% |
| Accrued charges and deferred income | 492/3 | €1,408 | €3,184 | +€1,775 | +126% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €418,713 | €199,066 | -€219,647 | -52.5% |
| Remuneration, social security and pensions | 62 | €384 | €0 | -€384 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,392 | €80,470 | +€8,079 | +11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €275 | €3,260 | +€2,985 | +1,084% |
| Gross operating margin | 9900 | €23,587 | €90,340 | +€66,753 | +283% |
| Operating profit (loss) | 9901 | -€49,465 | €6,609 | +€56,074 | |
| Financial income | 75/76B | €2 | €2 | +€0 | +12.9% |
| Recurring financial income | 75 | €2 | €2 | +€0 | +12.9% |
| Financial charges | 65/66B | €12,971 | €10,753 | -€2,218 | -17.1% |
| Recurring financial charges | 65 | €12,971 | €10,753 | -€2,218 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | -€62,434 | -€4,142 | +€58,292 | +93.4% |
| Income taxes | 67/77 | €817 | €534 | -€283 | -34.7% |
| Profit (loss) for the period | 9904 | -€63,251 | -€4,676 | +€58,576 | +92.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,251 | -€4,676 | +€58,576 | +92.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.