SMP: 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.
SMP
Largest movements
- Receivables within one year -€3,600
down €3,600 (-15.4%), from €23,327 to €19,727
- Tax, wage and social debts -€2,448
no longer reported in 2025 (was €2,448)
- Profit (loss) carried forward -€1,341
down €1,341 (-47.5%), from €2,825 to €1,484
- Other debts +€300
up €300 (+2.7%), from €11,262 to €11,562
- Gross operating margin +€1,603
up €1,603 (+80.0%), from -€2,003 to -€400
- Financial charges +€871
up €871 (+1244.3%), from €70 to €941
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 | €23,355 | €19,866 | -€3,489 | -14.9% |
| Current assets | 29/58 | €23,355 | €19,866 | -€3,489 | -14.9% |
| Amounts receivable within one year | 40/41 | €23,327 | €19,727 | -€3,600 | -15.4% |
| Trade receivables | 40 | €23,327 | €19,727 | -€3,600 | -15.4% |
| Cash at bank and in hand | 54/58 | €28 | €139 | +€111 | +396.4% |
| Total equity and liabilities | 10/49 | €23,355 | €19,866 | -€3,489 | -14.9% |
| Equity | 10/15 | €9,645 | €8,304 | -€1,341 | -13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,825 | €1,484 | -€1,341 | -47.5% |
| Amounts payable | 17/49 | €13,710 | €11,562 | -€2,148 | -15.7% |
| Amounts payable within one year | 42/48 | €13,710 | €11,562 | -€2,148 | -15.7% |
| Taxes, remuneration and social security | 45 | €2,448 | - | -€2,448 | |
| Taxes | 450/3 | €2,448 | - | -€2,448 | |
| Other amounts payable | 47/48 | €11,262 | €11,562 | +€300 | +2.7% |
| Gross operating margin | 9900 | -€2,003 | -€400 | +€1,603 | +80.0% |
| Operating profit (loss) | 9901 | -€2,003 | -€400 | +€1,603 | +80.0% |
| Financial charges | 65/66B | €70 | €941 | +€871 | +1244.3% |
| Recurring financial charges | 65 | €70 | €941 | +€871 | +1244.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,073 | -€1,341 | +€732 | +35.3% |
| Profit (loss) for the period | 9904 | -€2,073 | -€1,341 | +€732 | +35.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,073 | -€1,341 | +€732 | +35.3% |
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 5 October 2026 via checked.be.