Smoqi: 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.
Smoqi
Largest movements
- Receivables after one year +€50,000
new in 2025: €50,000
- Receivables within one year -€11,837
down €11,837 (-97.9%), from €12,087 to €250
of which Trade receivables: -€7,025
- Tangible fixed assets -€10,079
down €10,079 (-35.3%), from €28,518 to €18,439
of which Furniture and vehicles: -€9,697
- Cash +€7,254
up €7,254 (+194%), from €3,745 to €11,000
mainly Net result for the year (+€18,537) and Tax, wage and social debts (+€12,978)
- Stocks and contracts -€4,000
down €4,000 (-100%), from €4,000 to €0
- Profit (loss) carried forward +€18,537
up €18,537 (+129%), from €14,370 to €32,907
- Tax, wage and social debts +€12,978
up €12,978 (+273%), from €4,751 to €17,728
of which Remuneration and social security: +€7,500
- Debts after one year -€8,397
down €8,397 (-48.9%), from €17,171 to €8,775
- Trade debts +€7,381
up €7,381 (+365%), from €2,021 to €9,402
- Gross operating margin +€34,782
up €34,782 (+961%), from €3,620 to €38,402
- Depreciation +€8,864
up €8,864 (+729%), from €1,215 to €10,079
- Taxes +€5,328
up €5,328 (+4,647%), from €115 to €5,442
- Other operating charges +€1,316
up €1,316 (+84.9%), from €1,549 to €2,865
- Financial charges +€1,170
up €1,170 (+348%), from €336 to €1,506
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 | €49,512 | €80,906 | +€31,394 | +63.4% |
| Fixed assets | 21/28 | €28,738 | €18,659 | -€10,079 | -35.1% |
| Tangible fixed assets | 22/27 | €28,518 | €18,439 | -€10,079 | -35.3% |
| Plant, machinery and equipment | 23 | €466 | €85 | -€382 | -81.8% |
| Furniture and vehicles | 24 | €28,052 | €18,355 | -€9,697 | -34.6% |
| Financial fixed assets | 28 | €220 | €220 | = | 0.0% |
| Current assets | 29/58 | €20,774 | €62,246 | +€41,473 | +200% |
| Amounts receivable after more than one year | 29 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 291 | - | €50,000 | +€50,000 | |
| Stocks and contracts in progress | 3 | €4,000 | €0 | -€4,000 | -100% |
| Stocks | 30/36 | €4,000 | €0 | -€4,000 | -100% |
| Amounts receivable within one year | 40/41 | €12,087 | €250 | -€11,837 | -97.9% |
| Trade receivables | 40 | €7,275 | €250 | -€7,025 | -96.6% |
| Other amounts receivable | 41 | €4,812 | €0 | -€4,812 | -100% |
| Cash at bank and in hand | 54/58 | €3,745 | €11,000 | +€7,254 | +194% |
| Deferred charges and accrued income | 490/1 | €941 | €996 | +€56 | +5.9% |
| Total equity and liabilities | 10/49 | €49,512 | €80,906 | +€31,394 | +63.4% |
| Equity | 10/15 | €17,370 | €35,907 | +€18,537 | +107% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,370 | €32,907 | +€18,537 | +129% |
| Amounts payable | 17/49 | €32,142 | €44,999 | +€12,857 | +40.0% |
| Amounts payable after more than one year | 17 | €17,171 | €8,775 | -€8,397 | -48.9% |
| Financial debts | 170/4 | €17,171 | €8,775 | -€8,397 | -48.9% |
| Amounts payable within one year | 42/48 | €14,971 | €36,224 | +€21,253 | +142% |
| Current portion of amounts payable after more than one year | 42 | €8,035 | €8,397 | +€362 | +4.5% |
| Trade debts | 44 | €2,021 | €9,402 | +€7,381 | +365% |
| Suppliers | 440/4 | €2,021 | €9,402 | +€7,381 | +365% |
| Advances received on contracts in progress | 46 | - | €250 | +€250 | |
| Taxes, remuneration and social security | 45 | €4,751 | €17,728 | +€12,978 | +273% |
| Taxes | 450/3 | €251 | €5,728 | +€5,478 | +2,187% |
| Remuneration and social security | 454/9 | €4,500 | €12,000 | +€7,500 | +167% |
| Other amounts payable | 47/48 | €164 | €447 | +€283 | +172% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | €10,079 | +€8,864 | +729% |
| Other operating charges | 640/8 | €1,549 | €2,865 | +€1,316 | +84.9% |
| Gross operating margin | 9900 | €3,620 | €38,402 | +€34,782 | +961% |
| Operating profit (loss) | 9901 | €855 | €25,457 | +€24,602 | +2,877% |
| Financial income | 75/76B | €7 | €28 | +€21 | +306% |
| Recurring financial income | 75 | €7 | €28 | +€21 | +306% |
| Financial charges | 65/66B | €336 | €1,506 | +€1,170 | +348% |
| Recurring financial charges | 65 | €336 | €1,506 | +€1,170 | +348% |
| Profit (loss) for the period before taxes | 9903 | €526 | €23,979 | +€23,453 | +4,460% |
| Income taxes | 67/77 | €115 | €5,442 | +€5,328 | +4,647% |
| Profit (loss) for the period | 9904 | €411 | €18,537 | +€18,126 | +4,408% |
| Profit (loss) for the period to be appropriated | 9905 | €411 | €18,537 | +€18,126 | +4,408% |
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 18 October 2026 via checked.be.