SMARTYOU: what changed
SMARTYOU
Largest movements
- Cash +€314,393
up €314,393 (+255%), from €123,339 to €437,732
mainly Net result for the year (+€269,422) and Accrued charges and deferred income (+€257,690)
- Deferred charges and accrued income +€189,238
up €189,238 (+10,218%), from €1,852 to €191,090
- Receivables within one year +€76,674
up €76,674 (+238%), from €32,192 to €108,866
of which Trade receivables: +€76,703
- Profit (loss) carried forward +€269,422
up €269,422 (+620%), from €43,434 to €312,856
- Accrued charges and deferred income +€257,690
up €257,690 (+491%), from €52,503 to €310,193
- Tax, wage and social debts +€74,444
up €74,444 (+337%), from €22,077 to €96,521
of which Taxes: +€67,125
- Other debts -€39,684
down €39,684 (-98.0%), from €40,491 to €807
- Trade debts +€36,739
up €36,739 (+176%), from €20,931 to €57,670
- Gross operating margin +€427,926
up €427,926 (+573%), from €74,669 to €502,595
- Taxes +€89,277
up €89,277 (+1,181%), from €7,561 to €96,838
- Staff costs +€88,224
up €88,224 (+379%), from €23,263 to €111,487
- Financial charges +€11,085
up €11,085 (+266%), from €4,162 to €15,247
- Depreciation +€7,405
up €7,405 (+335%), from €2,212 to €9,617
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 | €447,545 | €1,033,304 | +€585,759 | +131% |
| Fixed assets | 21/28 | €290,162 | €295,616 | +€5,454 | +1.9% |
| Tangible fixed assets | 22/27 | €290,100 | €295,554 | +€5,454 | +1.9% |
| Land and buildings | 22 | €288,056 | €287,137 | -€919 | -0.3% |
| Furniture and vehicles | 24 | €2,044 | €8,417 | +€6,373 | +312% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €157,383 | €737,688 | +€580,305 | +369% |
| Amounts receivable within one year | 40/41 | €32,192 | €108,866 | +€76,674 | +238% |
| Trade receivables | 40 | €32,163 | €108,866 | +€76,703 | +238% |
| Other amounts receivable | 41 | €29 | - | -€29 | |
| Cash at bank and in hand | 54/58 | €123,339 | €437,732 | +€314,393 | +255% |
| Deferred charges and accrued income | 490/1 | €1,852 | €191,090 | +€189,238 | +10,218% |
| Total equity and liabilities | 10/49 | €447,545 | €1,033,304 | +€585,759 | +131% |
| Equity | 10/15 | €53,634 | €323,056 | +€269,422 | +502% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,434 | €312,856 | +€269,422 | +620% |
| Amounts payable | 17/49 | €393,911 | €710,248 | +€316,337 | +80.3% |
| Amounts payable after more than one year | 17 | €243,871 | €231,660 | -€12,211 | -5.0% |
| Financial debts | 170/4 | €243,871 | €231,660 | -€12,211 | -5.0% |
| Amounts payable within one year | 42/48 | €97,537 | €168,395 | +€70,858 | +72.6% |
| Current portion of amounts payable after more than one year | 42 | €14,038 | €13,397 | -€641 | -4.6% |
| Trade debts | 44 | €20,931 | €57,670 | +€36,739 | +176% |
| Suppliers | 440/4 | €20,931 | €57,670 | +€36,739 | +176% |
| Taxes, remuneration and social security | 45 | €22,077 | €96,521 | +€74,444 | +337% |
| Taxes | 450/3 | €19,802 | €86,927 | +€67,125 | +339% |
| Remuneration and social security | 454/9 | €2,275 | €9,594 | +€7,319 | +322% |
| Other amounts payable | 47/48 | €40,491 | €807 | -€39,684 | -98.0% |
| Accrued charges and deferred income | 492/3 | €52,503 | €310,193 | +€257,690 | +491% |
| Remuneration, social security and pensions | 62 | €23,263 | €111,487 | +€88,224 | +379% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,212 | €9,617 | +€7,405 | +335% |
| Other operating charges | 640/8 | €274 | €323 | +€49 | +17.9% |
| Gross operating margin | 9900 | €74,669 | €502,595 | +€427,926 | +573% |
| Operating profit (loss) | 9901 | €48,920 | €381,168 | +€332,248 | +679% |
| Financial income | 75/76B | €3 | €339 | +€336 | +11,200% |
| Recurring financial income | 75 | €3 | €339 | +€336 | +11,200% |
| Financial charges | 65/66B | €4,162 | €15,247 | +€11,085 | +266% |
| Recurring financial charges | 65 | €4,162 | €15,247 | +€11,085 | +266% |
| Profit (loss) for the period before taxes | 9903 | €44,761 | €366,260 | +€321,499 | +718% |
| Income taxes | 67/77 | €7,561 | €96,838 | +€89,277 | +1,181% |
| Profit (loss) for the period | 9904 | €37,200 | €269,422 | +€232,222 | +624% |
| Profit (loss) for the period to be appropriated | 9905 | €37,200 | €269,422 | +€232,222 | +624% |
Next steps
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 4 November 2026 via checked.be.