SMOSIM: 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.
SMOSIM
Largest movements
- Cash +€16,807
up €16,807 (+64.1%), from €26,200 to €43,007
mainly Other debts (+€100,000) and Net result for the year (+€21,002)
- Tangible fixed assets -€6,852
down €6,852 (-2.3%), from €294,855 to €288,002
of which Land and buildings: -€7,700
- Other debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€78,998
down €78,998 (-53.8%), from €146,874 to €67,876
- Debts after one year -€18,331
down €18,331 (-11.3%), from €161,896 to €143,565
- Tax, wage and social debts +€6,913
up €6,913 (+425%), from €1,628 to €8,540
- Gross operating margin -€12,483
down €12,483 (-20.7%), from €60,347 to €47,864
- Taxes -€4,651
down €4,651 (-47.8%), from €9,736 to €5,085
- Depreciation -€3,983
down €3,983 (-18.8%), from €21,156 to €17,174
- Financial income -€630
down €630 (-100.0%), from €630 to €0
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 | €353,199 | €362,195 | +€8,996 | +2.5% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €296,605 | €288,002 | -€8,602 | -2.9% |
| Intangible fixed assets | 21 | €1,750 | €0 | -€1,750 | -100% |
| Tangible fixed assets | 22/27 | €294,855 | €288,002 | -€6,852 | -2.3% |
| Land and buildings | 22 | €294,394 | €286,695 | -€7,700 | -2.6% |
| Furniture and vehicles | 24 | €460 | €1,308 | +€847 | +184% |
| Current assets | 29/58 | €56,594 | €74,192 | +€17,598 | +31.1% |
| Amounts receivable within one year | 40/41 | €26,354 | €27,230 | +€876 | +3.3% |
| Trade receivables | 40 | €2,680 | - | -€2,680 | |
| Other amounts receivable | 41 | €23,674 | €27,230 | +€3,556 | +15.0% |
| Cash at bank and in hand | 54/58 | €26,200 | €43,007 | +€16,807 | +64.1% |
| Deferred charges and accrued income | 490/1 | €4,041 | €3,955 | -€85 | -2.1% |
| Total equity and liabilities | 10/49 | €353,199 | €362,195 | +€8,996 | +2.5% |
| Equity | 10/15 | €167,334 | €88,336 | -€78,998 | -47.2% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €146,874 | €67,876 | -€78,998 | -53.8% |
| Amounts payable | 17/49 | €185,865 | €273,859 | +€87,994 | +47.3% |
| Amounts payable after more than one year | 17 | €161,896 | €143,565 | -€18,331 | -11.3% |
| Financial debts | 170/4 | €161,896 | €143,565 | -€18,331 | -11.3% |
| Amounts payable within one year | 42/48 | €23,716 | €130,059 | +€106,343 | +448% |
| Current portion of amounts payable after more than one year | 42 | €20,218 | €19,313 | -€905 | -4.5% |
| Trade debts | 44 | €1,871 | €2,206 | +€335 | +17.9% |
| Suppliers | 440/4 | €1,871 | €2,206 | +€335 | +17.9% |
| Taxes, remuneration and social security | 45 | €1,628 | €8,540 | +€6,913 | +425% |
| Taxes | 450/3 | €1,628 | €8,540 | +€6,913 | +425% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €252 | €235 | -€18 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,156 | €17,174 | -€3,983 | -18.8% |
| Other operating charges | 640/8 | €1,375 | €1,102 | -€272 | -19.8% |
| Gross operating margin | 9900 | €60,347 | €47,864 | -€12,483 | -20.7% |
| Operating profit (loss) | 9901 | €37,816 | €29,588 | -€8,228 | -21.8% |
| Financial income | 75/76B | €630 | €0 | -€630 | -100.0% |
| Recurring financial income | 75 | €630 | €0 | -€630 | -100.0% |
| Financial charges | 65/66B | €3,855 | €3,501 | -€354 | -9.2% |
| Recurring financial charges | 65 | €3,855 | €3,501 | -€354 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €34,591 | €26,087 | -€8,504 | -24.6% |
| Income taxes | 67/77 | €9,736 | €5,085 | -€4,651 | -47.8% |
| Profit (loss) for the period | 9904 | €24,855 | €21,002 | -€3,853 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,855 | €21,002 | -€3,853 | -15.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.