SMOLLY: 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.
SMOLLY
Largest movements
- Tangible fixed assets -€30,053
down €30,053 (-47.4%), from €63,361 to €33,308
of which Furniture and vehicles: -€28,687
- Cash +€13,744
up €13,744 (+36.1%), from €38,122 to €51,866
mainly Depreciation (+€30,053) and Net result for the year (+€5,943)
- Receivables within one year +€9,621
up €9,621 (+92.1%), from €10,445 to €20,065
of which Trade receivables: +€11,392
- Profit (loss) carried forward +€5,943
up €5,943 (+25.3%), from -€23,501 to -€17,558
- Debts after one year -€4,843
down €4,843 (-54.7%), from €8,850 to €4,007
- Current portion of long-term debt -€4,568
down €4,568 (-74.8%), from €6,102 to €1,535
- Trade debts -€2,787
down €2,787 (-28.4%), from €9,823 to €7,036
- Gross operating margin -€4,506
down €4,506 (-10.8%), from €41,609 to €37,103
- Depreciation +€646
up €646 (+2.2%), from €29,407 to €30,053
- Other operating charges -€433
down €433 (-49.7%), from €871 to €438
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 | €143,303 | €136,614 | -€6,688 | -4.7% |
| Fixed assets | 21/28 | €63,536 | €33,483 | -€30,053 | -47.3% |
| Tangible fixed assets | 22/27 | €63,361 | €33,308 | -€30,053 | -47.4% |
| Plant, machinery and equipment | 23 | €5,413 | €4,046 | -€1,366 | -25.2% |
| Furniture and vehicles | 24 | €57,948 | €29,262 | -€28,687 | -49.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €79,767 | €103,132 | +€23,365 | +29.3% |
| Amounts receivable after more than one year | 29 | €31,200 | €31,200 | = | 0.0% |
| Other amounts receivable | 291 | €31,200 | €31,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,445 | €20,065 | +€9,621 | +92.1% |
| Trade receivables | 40 | €8,673 | €20,065 | +€11,392 | +131.4% |
| Other amounts receivable | 41 | €1,772 | - | -€1,772 | |
| Cash at bank and in hand | 54/58 | €38,122 | €51,866 | +€13,744 | +36.1% |
| Total equity and liabilities | 10/49 | €143,303 | €136,614 | -€6,688 | -4.7% |
| Equity | 10/15 | €110,761 | €116,704 | +€5,943 | +5.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €114,261 | €114,261 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,562 | €8,562 | = | 0.0% |
| Distributable reserves | 133 | €103,700 | €103,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,501 | -€17,558 | +€5,943 | +25.3% |
| Amounts payable | 17/49 | €32,542 | €19,911 | -€12,631 | -38.8% |
| Amounts payable after more than one year | 17 | €8,850 | €4,007 | -€4,843 | -54.7% |
| Financial debts | 170/4 | €8,850 | €4,007 | -€4,843 | -54.7% |
| Amounts payable within one year | 42/48 | €23,692 | €15,903 | -€7,789 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €6,102 | €1,535 | -€4,568 | -74.8% |
| Trade debts | 44 | €9,823 | €7,036 | -€2,787 | -28.4% |
| Suppliers | 440/4 | €9,823 | €7,036 | -€2,787 | -28.4% |
| Advances received on contracts in progress | 46 | €2,000 | €2,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,019 | €4,369 | -€651 | -13.0% |
| Taxes | 450/3 | €5,019 | €4,369 | -€651 | -13.0% |
| Other amounts payable | 47/48 | €747 | €964 | +€217 | +29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,407 | €30,053 | +€646 | +2.2% |
| Other operating charges | 640/8 | €871 | €438 | -€433 | -49.7% |
| Gross operating margin | 9900 | €41,609 | €37,103 | -€4,506 | -10.8% |
| Operating profit (loss) | 9901 | €11,331 | €6,613 | -€4,719 | -41.6% |
| Financial income | 75/76B | €2 | €1 | -€1 | -35.3% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -35.3% |
| Financial charges | 65/66B | €499 | €539 | +€40 | +7.9% |
| Recurring financial charges | 65 | €499 | €539 | +€40 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €10,834 | €6,074 | -€4,759 | -43.9% |
| Income taxes | 67/77 | €168 | €132 | -€36 | -21.6% |
| Profit (loss) for the period | 9904 | €10,666 | €5,943 | -€4,723 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,666 | €5,943 | -€4,723 | -44.3% |
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 12 October 2026 via checked.be.