Smouts Sales: what changed
What changed
Smouts Sales
NACE 81.100, Combined facilities support activities
filed annual accounts (NBB)
Net result for the year
€22,325
2024 · €47,955-€25,631
Equity
€121,908
2024 · €99,584+€22,325
Cash
€7,227
2024 · €2,204+€5,023
Balance sheet total
€2.0m
2024 · €2.0m-€40,053
Largest movements
Assets
- Tangible fixed assets -€50,509
down €50,509 (-2.6%), from €1.9m to €1.9m
Equity and liabilities
- Debts after one year -€133,473
down €133,473 (-8.3%), from €1.6m to €1.5m
- Other debts +€98,709
up €98,709 (+89.5%), from €110,322 to €209,030
- Current portion of long-term debt -€28,696
down €28,696 (-17.7%), from €162,169 to €133,473
- Reserves +€22,325
up €22,325 (+23.9%), from €93,384 to €115,708
Income statement
- Gross operating margin -€28,601
down €28,601 (-16.1%), from €177,759 to €149,157
- Financial charges +€17,883
up €17,883 (+48.5%), from €36,855 to €54,739
- Depreciation -€9,748
down €9,748 (-16.2%), from €60,257 to €50,509
- Taxes -€7,858
down €7,858 (-49.2%), from €15,985 to €8,127
- Other operating charges -€1,875
down €1,875 (-11.2%), from €16,706 to €14,831
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€47,955
Gross operating margin
-€28,601
Depreciation
+€9,748
Other operating charges
+€1,875
Financial income
+€1,372
Financial charges
-€17,883
Taxes
+€7,858
Result 2025
€22,325
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€167,192
Investment
€0
Financing
-€162,169
Cash 2024
€2,204
From operations (derived)
+€167,192
Net result for the year
+€22,325
Depreciation
+€50,509
Receivables within one year
-€5,147
Deferred charges and accrued income
-€285
Trade debts
-€8,815
Tax, wage and social debts
+€8,127
Other debts
+€98,709
Accrued charges and deferred income
+€1,771
Financing
-€162,169
Debts after one year
-€133,473
Current portion of long-term debt
-€28,696
Cash 2025
€7,227
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,993,964 | €1,953,911 | -€40,053 | -2.0% |
| Fixed assets | 21/28 | €1,933,215 | €1,882,706 | -€50,509 | -2.6% |
| Tangible fixed assets | 22/27 | €1,933,215 | €1,882,706 | -€50,509 | -2.6% |
| Land and buildings | 22 | €1,933,215 | €1,882,706 | -€50,509 | -2.6% |
| Current assets | 29/58 | €60,749 | €71,205 | +€10,456 | +17.2% |
| Amounts receivable within one year | 40/41 | €57,874 | €63,022 | +€5,147 | +8.9% |
| Other amounts receivable | 41 | €57,874 | €63,022 | +€5,147 | +8.9% |
| Cash at bank and in hand | 54/58 | €2,204 | €7,227 | +€5,023 | +228% |
| Deferred charges and accrued income | 490/1 | €671 | €956 | +€285 | +42.6% |
| Total equity and liabilities | 10/49 | €1,993,964 | €1,953,911 | -€40,053 | -2.0% |
| Equity | 10/15 | €99,584 | €121,908 | +€22,325 | +22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €93,384 | €115,708 | +€22,325 | +23.9% |
| Distributable reserves | 133 | €93,384 | €115,708 | +€22,325 | +23.9% |
| Amounts payable | 17/49 | €1,894,380 | €1,832,003 | -€62,378 | -3.3% |
| Amounts payable after more than one year | 17 | €1,600,299 | €1,466,826 | -€133,473 | -8.3% |
| Financial debts | 170/4 | €1,600,299 | €1,466,826 | -€133,473 | -8.3% |
| Amounts payable within one year | 42/48 | €282,735 | €352,059 | +€69,324 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | €162,169 | €133,473 | -€28,696 | -17.7% |
| Trade debts | 44 | €10,245 | €1,429 | -€8,815 | -86.0% |
| Suppliers | 440/4 | €10,245 | €1,429 | -€8,815 | -86.0% |
| Taxes, remuneration and social security | 45 | - | €8,127 | +€8,127 | |
| Taxes | 450/3 | - | €8,127 | +€8,127 | |
| Other amounts payable | 47/48 | €110,322 | €209,030 | +€98,709 | +89.5% |
| Accrued charges and deferred income | 492/3 | €11,347 | €13,118 | +€1,771 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,257 | €50,509 | -€9,748 | -16.2% |
| Other operating charges | 640/8 | €16,706 | €14,831 | -€1,875 | -11.2% |
| Gross operating margin | 9900 | €177,759 | €149,157 | -€28,601 | -16.1% |
| Operating profit (loss) | 9901 | €100,796 | €83,818 | -€16,978 | -16.8% |
| Financial income | 75/76B | - | €1,372 | +€1,372 | |
| Recurring financial income | 75 | - | €1,372 | +€1,372 | |
| Financial charges | 65/66B | €36,855 | €54,739 | +€17,883 | +48.5% |
| Recurring financial charges | 65 | €36,855 | €54,739 | +€17,883 | +48.5% |
| Profit (loss) for the period before taxes | 9903 | €63,941 | €30,451 | -€33,489 | -52.4% |
| Income taxes | 67/77 | €15,985 | €8,127 | -€7,858 | -49.2% |
| Profit (loss) for the period | 9904 | €47,955 | €22,325 | -€25,631 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,955 | €22,325 | -€25,631 | -53.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.