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SMART CONCEPT: 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.

What changed

SMART CONCEPT

BE 0451.351.391
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,425
2024 · -€5,157-€4,268
Equity
€61,061
2024 · €70,486-€9,425
Cash
€3,359
2024 · €226+€3,133
Balance sheet total
€66,758
2024 · €75,098-€8,339

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€11,473

    down €11,473 (-15.3%), from €74,872 to €63,399

  • Cash +€3,133

    up €3,133 (+1,387%), from €226 to €3,359

    mainly Receivables within one year (+€11,473) and Trade debts (+€1,086)

Equity and liabilities
  • Reserves -€9,425

    down €9,425 (-14.7%), from €64,289 to €54,864

    of which Distributable reserves: -€9,425

  • Trade debts +€1,086

    up €1,086 (+23.5%), from €4,611 to €5,697

Income statement
  • Gross operating margin -€4,297

    down €4,297 (-64.2%), from -€6,691 to -€10,988

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€5,157
Gross operating margin -€4,297
Other operating charges -€12
Financial income +€61
Financial charges -€19
Result 2025 -€9,425
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€3,133
Investment €0
Financing €0
Cash 2024 €226
Net result for the year -€9,425
Receivables within one year +€11,473
Trade debts +€1,086
Cash 2025 €3,359
brings cash intakes cash out
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €75,098 €66,758 -€8,339 -11.1%
Current assets 29/58 €75,098 €66,758 -€8,339 -11.1%
Amounts receivable within one year 40/41 €74,872 €63,399 -€11,473 -15.3%
Other amounts receivable 41 €74,872 €63,399 -€11,473 -15.3%
Cash at bank and in hand 54/58 €226 €3,359 +€3,133 +1,387%
Total equity and liabilities 10/49 €75,098 €66,758 -€8,339 -11.1%
Equity 10/15 €70,486 €61,061 -€9,425 -13.4%
Contributions 10/11 €6,197 €6,197 = 0.0%
Reserves 13 €64,289 €54,864 -€9,425 -14.7%
Non-distributable reserves 130/1 €5,000 €5,000 = 0.0%
Reserves not available under the articles 1311 €5,000 €5,000 = 0.0%
Distributable reserves 133 €59,289 €49,864 -€9,425 -15.9%
Amounts payable 17/49 €4,611 €5,697 +€1,086 +23.5%
Amounts payable within one year 42/48 €4,611 €5,697 +€1,086 +23.5%
Trade debts 44 €4,611 €5,697 +€1,086 +23.5%
Suppliers 440/4 €4,611 €5,697 +€1,086 +23.5%
Other operating charges 640/8 €387 €400 +€12 +3.2%
Gross operating margin 9900 -€6,691 -€10,988 -€4,297 -64.2%
Operating profit (loss) 9901 -€7,079 -€11,388 -€4,309 -60.9%
Financial income 75/76B €2,092 €2,153 +€61 +2.9%
Recurring financial income 75 €2,092 €2,153 +€61 +2.9%
Financial charges 65/66B €171 €190 +€19 +11.3%
Recurring financial charges 65 €171 €190 +€19 +11.3%
Profit (loss) for the period before taxes 9903 -€5,157 -€9,425 -€4,268 -82.7%
Profit (loss) for the period 9904 -€5,157 -€9,425 -€4,268 -82.7%
Profit (loss) for the period to be appropriated 9905 -€5,157 -€9,425 -€4,268 -82.7%

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 23 October 2026 via checked.be.