SMOLYTEX: 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.
SMOLYTEX
Largest movements
- Tangible fixed assets -€16,696
down €16,696 (-50.3%), from €33,185 to €16,489
of which Furniture and vehicles: -€16,202
- Receivables within one year -€7,798
down €7,798 (-71.6%), from €10,898 to €3,099
of which Other amounts receivable: -€7,803
- Stocks and contracts +€2,250
up €2,250 (+300.0%), from €750 to €3,000
- Debts after one year -€11,310
down €11,310 (-94.2%), from €12,006 to €695
- Profit (loss) carried forward -€6,061
down €6,061, from €1,263 to -€4,798
- Tax, wage and social debts -€2,043
down €2,043 (-37.2%), from €5,490 to €3,448
of which Taxes: -€2,018
- Current portion of long-term debt -€1,398
down €1,398 (-11.0%), from €12,708 to €11,310
- Reserves -€1,316
no longer reported in 2025 (was €1,316)
- Financial income -€571
down €571 (-71.4%), from €800 to €229
- Other operating charges +€476
up €476 (+49.1%), from €969 to €1,445
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 | €54,653 | €31,639 | -€23,014 | -42.1% |
| Fixed assets | 21/28 | €33,185 | €16,489 | -€16,696 | -50.3% |
| Tangible fixed assets | 22/27 | €33,185 | €16,489 | -€16,696 | -50.3% |
| Plant, machinery and equipment | 23 | €1,610 | €1,116 | -€494 | -30.7% |
| Furniture and vehicles | 24 | €31,575 | €15,373 | -€16,202 | -51.3% |
| Current assets | 29/58 | €21,468 | €15,150 | -€6,318 | -29.4% |
| Stocks and contracts in progress | 3 | €750 | €3,000 | +€2,250 | +300.0% |
| Stocks | 30/36 | €750 | €3,000 | +€2,250 | +300.0% |
| Amounts receivable within one year | 40/41 | €10,898 | €3,099 | -€7,798 | -71.6% |
| Trade receivables | 40 | €2,917 | €2,922 | +€5 | +0.2% |
| Other amounts receivable | 41 | €7,980 | €177 | -€7,803 | -97.8% |
| Cash at bank and in hand | 54/58 | €7,102 | €6,645 | -€457 | -6.4% |
| Deferred charges and accrued income | 490/1 | €2,718 | €2,405 | -€313 | -11.5% |
| Total equity and liabilities | 10/49 | €54,653 | €31,639 | -€23,014 | -42.1% |
| Equity | 10/15 | €21,579 | €14,202 | -€7,377 | -34.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,316 | - | -€1,316 | |
| Tax-exempt reserves | 132 | €1,316 | - | -€1,316 | |
| Profit (loss) carried forward | 14 | €1,263 | -€4,798 | -€6,061 | |
| Provisions and deferred taxes | 16 | €329 | - | -€329 | |
| Deferred taxes | 168 | €329 | - | -€329 | |
| Amounts payable | 17/49 | €32,745 | €17,436 | -€15,308 | -46.8% |
| Amounts payable after more than one year | 17 | €12,006 | €695 | -€11,310 | -94.2% |
| Financial debts | 170/4 | €12,006 | €695 | -€11,310 | -94.2% |
| Amounts payable within one year | 42/48 | €20,739 | €16,741 | -€3,998 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €12,708 | €11,310 | -€1,398 | -11.0% |
| Trade debts | 44 | €2,540 | €1,983 | -€557 | -21.9% |
| Suppliers | 440/4 | €2,540 | €1,983 | -€557 | -21.9% |
| Taxes, remuneration and social security | 45 | €5,490 | €3,448 | -€2,043 | -37.2% |
| Taxes | 450/3 | €4,224 | €2,206 | -€2,018 | -47.8% |
| Remuneration and social security | 454/9 | €1,266 | €1,242 | -€24 | -1.9% |
| Remuneration, social security and pensions | 62 | €9,346 | €9,500 | +€154 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,599 | €16,696 | +€97 | +0.6% |
| Other operating charges | 640/8 | €969 | €1,445 | +€476 | +49.1% |
| Gross operating margin | 9900 | €20,087 | €19,977 | -€110 | -0.5% |
| Operating profit (loss) | 9901 | -€6,827 | -€7,664 | -€838 | -12.3% |
| Financial income | 75/76B | €800 | €229 | -€571 | -71.4% |
| Recurring financial income | 75 | €800 | €229 | -€571 | -71.4% |
| Financial charges | 65/66B | €402 | €271 | -€131 | -32.7% |
| Recurring financial charges | 65 | €402 | €271 | -€131 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,429 | -€7,706 | -€1,277 | -19.9% |
| Transfer from deferred taxes | 780 | €329 | €329 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€6,099 | -€7,377 | -€1,277 | -20.9% |
| Transfer from tax-exempt reserves | 789 | €1,316 | €1,316 | +€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,783 | -€6,061 | -€1,277 | -26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.