SMOS & C°: 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.
SMOS & C°
Largest movements
- Cash +€704
up €704 (+71.9%), from €979 to €1,683
mainly Depreciation (+€2,926) and Tax, wage and social debts (+€2,014)
- Tangible fixed assets -€526
down €526 (-5.2%), from €10,196 to €9,670
of which Plant, machinery and equipment: -€1,574
- Stocks and contracts -€434
down €434 (-16.2%), from €2,684 to €2,250
- Trade debts -€3,033
down €3,033 (-20.9%), from €14,537 to €11,504
- Tax, wage and social debts +€2,014
up €2,014 (+15.1%), from €13,310 to €15,324
of which Remuneration and social security: +€1,732
- Other debts +€1,333
up €1,333 (+3.0%), from €44,694 to €46,027
- Profit (loss) carried forward -€859
down €859 (-1.2%), from -€70,941 to -€71,800
- Short-term financial debts +€351
up €351 (+43.4%), from €809 to €1,160
- Gross operating margin +€25,777
up €25,777 (+53.4%), from €48,310 to €74,087
- Purchases and services -€13,589
down €13,589 (-6.0%), from €227,347 to €213,758
- Turnover +€13,085
up €13,085 (+4.8%), from €274,760 to €287,845
- Staff costs +€6,754
up €6,754 (+10.6%), from €63,990 to €70,744
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 | €14,909 | €14,715 | -€194 | -1.3% |
| Fixed assets | 21/28 | €10,196 | €9,670 | -€526 | -5.2% |
| Tangible fixed assets | 22/27 | €10,196 | €9,670 | -€526 | -5.2% |
| Land and buildings | 22 | €3,900 | €4,948 | +€1,048 | +26.9% |
| Plant, machinery and equipment | 23 | €6,296 | €4,722 | -€1,574 | -25.0% |
| Current assets | 29/58 | €4,713 | €5,045 | +€332 | +7.0% |
| Stocks and contracts in progress | 3 | €2,684 | €2,250 | -€434 | -16.2% |
| Stocks | 30/36 | €2,684 | €2,250 | -€434 | -16.2% |
| Amounts receivable within one year | 40/41 | €1,050 | €1,112 | +€62 | +5.9% |
| Trade receivables | 40 | €372 | €411 | +€39 | +10.5% |
| Other amounts receivable | 41 | €678 | €701 | +€23 | +3.4% |
| Cash at bank and in hand | 54/58 | €979 | €1,683 | +€704 | +71.9% |
| Total equity and liabilities | 10/49 | €14,909 | €14,715 | -€194 | -1.3% |
| Equity | 10/15 | -€58,441 | -€59,300 | -€859 | -1.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,941 | -€71,800 | -€859 | -1.2% |
| Amounts payable | 17/49 | €73,350 | €74,015 | +€665 | +0.9% |
| Amounts payable within one year | 42/48 | €73,350 | €74,015 | +€665 | +0.9% |
| Financial debts | 43 | €809 | €1,160 | +€351 | +43.4% |
| Credit institutions | 430/8 | €809 | €1,160 | +€351 | +43.4% |
| Trade debts | 44 | €14,537 | €11,504 | -€3,033 | -20.9% |
| Suppliers | 440/4 | €14,537 | €11,504 | -€3,033 | -20.9% |
| Taxes, remuneration and social security | 45 | €13,310 | €15,324 | +€2,014 | +15.1% |
| Taxes | 450/3 | €2,462 | €2,744 | +€282 | +11.5% |
| Remuneration and social security | 454/9 | €10,848 | €12,580 | +€1,732 | +16.0% |
| Other amounts payable | 47/48 | €44,694 | €46,027 | +€1,333 | +3.0% |
| Turnover | 70 | €274,760 | €287,845 | +€13,085 | +4.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €227,347 | €213,758 | -€13,589 | -6.0% |
| Remuneration, social security and pensions | 62 | €63,990 | €70,744 | +€6,754 | +10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,805 | €2,926 | +€121 | +4.3% |
| Other operating charges | 640/8 | €1,061 | €1,041 | -€20 | -1.9% |
| Gross operating margin | 9900 | €48,310 | €74,087 | +€25,777 | +53.4% |
| Operating profit (loss) | 9901 | -€19,546 | -€624 | +€18,922 | +96.8% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €295 | €239 | -€56 | -19.0% |
| Recurring financial charges | 65 | €295 | €239 | -€56 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,841 | -€859 | +€18,982 | +95.7% |
| Profit (loss) for the period | 9904 | -€19,841 | -€859 | +€18,982 | +95.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,841 | -€859 | +€18,982 | +95.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.