Smolimmo: what changed
Two fiscal 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.
Smolimmo
Largest movements
- Tangible fixed assets -€10,451
down €10,451 (-4.8%), from €219,106 to €208,654
of which Land and buildings: -€10,348
- Debts after one year -€38,394
down €38,394 (-24.6%), from €156,026 to €117,633
- Accrued charges and deferred income +€10,884
up €10,884 (+77.6%), from €14,029 to €24,913
- Other debts +€8,149
up €8,149 (+11.1%), from €73,566 to €81,715
- Profit (loss) carried forward +€5,011
up €5,011 (+7.2%), from -€69,926 to -€64,914
- Gross operating margin -€2,014
down €2,014 (-7.0%), from €28,633 to €26,620
- Taxes -€1,783
down €1,783 (-100.0%), from €1,783 to €0
- Depreciation -€1,440
down €1,440 (-10.9%), from €13,269 to €11,829
- Financial charges +€893
up €893 (+13.1%), from €6,837 to €7,730
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,097 | €231,693 | -€13,404 | -5.5% |
| Formation expenses | 20 | €23,364 | €21,987 | -€1,378 | -5.9% |
| Fixed assets | 21/28 | €219,106 | €208,654 | -€10,451 | -4.8% |
| Tangible fixed assets | 22/27 | €219,106 | €208,654 | -€10,451 | -4.8% |
| Land and buildings | 22 | €219,002 | €208,654 | -€10,348 | -4.7% |
| Plant, machinery and equipment | 23 | €104 | €0 | -€104 | -100.0% |
| Current assets | 29/58 | €2,627 | €1,053 | -€1,574 | -59.9% |
| Amounts receivable within one year | 40/41 | €1,619 | €0 | -€1,619 | -100.0% |
| Trade receivables | 40 | €456 | €0 | -€456 | -100.0% |
| Other amounts receivable | 41 | €1,162 | €0 | -€1,162 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,008 | €1,053 | +€44 | +4.4% |
| Total equity and liabilities | 10/49 | €245,097 | €231,693 | -€13,404 | -5.5% |
| Equity | 10/15 | -€37,926 | -€32,914 | +€5,011 | +13.2% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,926 | -€64,914 | +€5,011 | +7.2% |
| Amounts payable | 17/49 | €283,022 | €264,607 | -€18,415 | -6.5% |
| Amounts payable after more than one year | 17 | €156,026 | €117,633 | -€38,394 | -24.6% |
| Financial debts | 170/4 | €156,026 | €117,633 | -€38,394 | -24.6% |
| Amounts payable within one year | 42/48 | €112,967 | €122,062 | +€9,095 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €37,514 | €38,394 | +€879 | +2.3% |
| Financial debts | 43 | €104 | €110 | +€6 | +5.9% |
| Credit institutions | 430/8 | €104 | €110 | +€6 | +5.9% |
| Trade debts | 44 | €0 | €61 | +€61 | |
| Suppliers | 440/4 | €0 | €61 | +€61 | |
| Taxes, remuneration and social security | 45 | €1,783 | €1,783 | = | 0.0% |
| Taxes | 450/3 | €1,783 | €1,783 | = | 0.0% |
| Other amounts payable | 47/48 | €73,566 | €81,715 | +€8,149 | +11.1% |
| Accrued charges and deferred income | 492/3 | €14,029 | €24,913 | +€10,884 | +77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,269 | €11,829 | -€1,440 | -10.9% |
| Other operating charges | 640/8 | €1,845 | €2,049 | +€204 | +11.0% |
| Gross operating margin | 9900 | €28,633 | €26,620 | -€2,014 | -7.0% |
| Operating profit (loss) | 9901 | €13,519 | €12,741 | -€778 | -5.8% |
| Financial charges | 65/66B | €6,837 | €7,730 | +€893 | +13.1% |
| Recurring financial charges | 65 | €6,837 | €7,730 | +€893 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €6,682 | €5,011 | -€1,670 | -25.0% |
| Income taxes | 67/77 | €1,783 | €0 | -€1,783 | -100.0% |
| Profit (loss) for the period | 9904 | €4,899 | €5,011 | +€113 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,899 | €5,011 | +€113 | +2.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.