SMART.COM: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
SMART.COM
Largest movements
- Receivables within one year +€208,579
up €208,579 (+1,996%), from €10,450 to €219,030
of which Trade receivables: +€208,328
- Tangible fixed assets +€43,183
up €43,183 (+1,443%), from €2,992 to €46,175
of which Furniture and vehicles: +€42,984
- Cash +€9,547
up €9,547 (+5,638%), from €169 to €9,716
mainly Other debts (+€107,402) and Contributions, distributions and other (+€93,693)
- Financial fixed assets +€3,480
up €3,480 (+145%), from €2,400 to €5,880
- Other debts +€107,402
new in 2025: €107,402
- Profit (loss) carried forward +€52,597
up €52,597, from -€3,225 to €49,372
- Debts after one year +€45,028
new in 2025: €45,028
- Contributions +€24,789
up €24,789 (+400%), from €6,200 to €30,989
- Current portion of long-term debt +€22,038
new in 2025: €22,038
- Purchases and services +€30,572
up €30,572 (+82.0%), from €37,262 to €67,834
- Gross operating margin -€18,359
down €18,359 (-43.0%), from €42,670 to €24,311
- Turnover +€12,213
up €12,213 (+15.3%), from €79,931 to €92,145
- Depreciation +€9,249
up €9,249 (+875%), from €1,057 to €10,307
- Staff costs -€7,347
down €7,347 (-24.7%), from €29,775 to €22,428
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,012 | €280,801 | +€264,789 | +1,654% |
| Fixed assets | 21/28 | €5,392 | €52,055 | +€46,663 | +865% |
| Tangible fixed assets | 22/27 | €2,992 | €46,175 | +€43,183 | +1,443% |
| Plant, machinery and equipment | 23 | €2,992 | €3,192 | +€200 | +6.7% |
| Furniture and vehicles | 24 | - | €42,984 | +€42,984 | |
| Financial fixed assets | 28 | €2,400 | €5,880 | +€3,480 | +145% |
| Current assets | 29/58 | €10,620 | €228,746 | +€218,126 | +2,054% |
| Amounts receivable within one year | 40/41 | €10,450 | €219,030 | +€208,579 | +1,996% |
| Trade receivables | 40 | €10,321 | €218,649 | +€208,328 | +2,018% |
| Other amounts receivable | 41 | €129 | €381 | +€252 | +195% |
| Cash at bank and in hand | 54/58 | €169 | €9,716 | +€9,547 | +5,638% |
| Total equity and liabilities | 10/49 | €16,012 | €280,801 | +€264,789 | +1,654% |
| Equity | 10/15 | €3,131 | €84,235 | +€81,105 | +2,591% |
| Contributions | 10/11 | €6,200 | €30,989 | +€24,789 | +400% |
| Reserves | 13 | €156 | €3,874 | +€3,718 | +2,385% |
| Distributable reserves | 133 | €156 | €3,874 | +€3,718 | +2,385% |
| Profit (loss) carried forward | 14 | -€3,225 | €49,372 | +€52,597 | |
| Amounts payable | 17/49 | €12,881 | €196,566 | +€183,684 | +1,426% |
| Amounts payable after more than one year | 17 | - | €45,028 | +€45,028 | |
| Financial debts | 170/4 | - | €45,028 | +€45,028 | |
| Amounts payable within one year | 42/48 | €12,881 | €151,538 | +€138,656 | +1,076% |
| Current portion of amounts payable after more than one year | 42 | - | €22,038 | +€22,038 | |
| Trade debts | 44 | €5,123 | €15,834 | +€10,711 | +209% |
| Suppliers | 440/4 | €5,123 | €15,834 | +€10,711 | +209% |
| Advances received on contracts in progress | 46 | €1,272 | €1,272 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,487 | €4,991 | -€1,495 | -23.0% |
| Taxes | 450/3 | €4,934 | €4,295 | -€638 | -12.9% |
| Remuneration and social security | 454/9 | €1,553 | €696 | -€857 | -55.2% |
| Other amounts payable | 47/48 | - | €107,402 | +€107,402 | |
| Turnover | 70 | €79,931 | €92,145 | +€12,213 | +15.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,262 | €67,834 | +€30,572 | +82.0% |
| Remuneration, social security and pensions | 62 | €29,775 | €22,428 | -€7,347 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,057 | €10,307 | +€9,249 | +875% |
| Other operating charges | 640/8 | €587 | €1,638 | +€1,051 | +179% |
| Non-recurring operating charges | 66A | €681 | - | -€681 | |
| Gross operating margin | 9900 | €42,670 | €24,311 | -€18,359 | -43.0% |
| Operating profit (loss) | 9901 | €10,569 | -€10,062 | -€20,631 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €343 | €2,182 | +€1,838 | +536% |
| Recurring financial charges | 65 | €343 | €2,182 | +€1,838 | +536% |
| Profit (loss) for the period before taxes | 9903 | €10,226 | -€12,244 | -€22,470 | |
| Income taxes | 67/77 | €132 | €345 | +€213 | +162% |
| Profit (loss) for the period | 9904 | €10,095 | -€12,588 | -€22,683 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,095 | -€12,588 | -€22,683 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.