AA SMART: 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.
AA SMART
Largest movements
- Tangible fixed assets +€13,288
up €13,288 (+26.1%), from €50,909 to €64,197
of which Furniture and vehicles: +€21,282
- Cash -€8,443
down €8,443 (-83.8%), from €10,081 to €1,638
mainly Other debts (-€38,841) and Investment in fixed assets (net) (-€31,410)
- Receivables within one year +€2,448
up €2,448 (+940.7%), from €260 to €2,708
of which Other amounts receivable: +€2,351
- Profit (loss) carried forward +€67,847
up €67,847 (+88.1%), from -€76,988 to -€9,141
- Other debts -€38,841
down €38,841 (-32.3%), from €120,067 to €81,226
- Trade debts -€20,676
down €20,676 (-98.3%), from €21,036 to €360
- Tax, wage and social debts -€1,036
down €1,036 (-22.7%), from €4,574 to €3,538
of which Remuneration and social security: -€2,839
- Gross operating margin +€140,276
up €140,276, from -€6,399 to €133,877
- Staff costs +€28,085
up €28,085 (+223.5%), from €12,564 to €40,649
- Depreciation +€2,647
up €2,647 (+17.1%), from €15,475 to €18,122
- Other operating charges +€2,234
up €2,234 (+1925.9%), from €116 to €2,350
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,690 | €75,983 | +€7,293 | +10.6% |
| Fixed assets | 21/28 | €58,349 | €71,637 | +€13,288 | +22.8% |
| Tangible fixed assets | 22/27 | €50,909 | €64,197 | +€13,288 | +26.1% |
| Furniture and vehicles | 24 | €2,040 | €23,322 | +€21,282 | +1043.2% |
| Other tangible fixed assets | 26 | €48,869 | €40,875 | -€7,994 | -16.4% |
| Financial fixed assets | 28 | €7,440 | €7,440 | = | 0.0% |
| Current assets | 29/58 | €10,341 | €4,346 | -€5,995 | -58.0% |
| Amounts receivable within one year | 40/41 | €260 | €2,708 | +€2,448 | +940.7% |
| Trade receivables | 40 | €110 | €207 | +€97 | +88.0% |
| Other amounts receivable | 41 | €150 | €2,501 | +€2,351 | +1567.4% |
| Cash at bank and in hand | 54/58 | €10,081 | €1,638 | -€8,443 | -83.8% |
| Total equity and liabilities | 10/49 | €68,690 | €75,983 | +€7,293 | +10.6% |
| Equity | 10/15 | -€76,988 | -€9,141 | +€67,847 | +88.1% |
| Profit (loss) carried forward | 14 | -€76,988 | -€9,141 | +€67,847 | +88.1% |
| Amounts payable | 17/49 | €145,678 | €85,124 | -€60,554 | -41.6% |
| Amounts payable within one year | 42/48 | €145,678 | €85,124 | -€60,554 | -41.6% |
| Trade debts | 44 | €21,036 | €360 | -€20,676 | -98.3% |
| Suppliers | 440/4 | €21,036 | €360 | -€20,676 | -98.3% |
| Taxes, remuneration and social security | 45 | €4,574 | €3,538 | -€1,036 | -22.7% |
| Taxes | 450/3 | €1,169 | €2,972 | +€1,803 | +154.2% |
| Remuneration and social security | 454/9 | €3,405 | €566 | -€2,839 | -83.4% |
| Other amounts payable | 47/48 | €120,067 | €81,226 | -€38,841 | -32.3% |
| Remuneration, social security and pensions | 62 | €12,564 | €40,649 | +€28,085 | +223.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,475 | €18,122 | +€2,647 | +17.1% |
| Other operating charges | 640/8 | €116 | €2,350 | +€2,234 | +1925.9% |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | -€6,399 | €133,877 | +€140,276 | |
| Operating profit (loss) | 9901 | -€34,554 | €68,756 | +€103,310 | |
| Financial charges | 65/66B | €70 | €910 | +€840 | +1201.9% |
| Recurring financial charges | 65 | €70 | €910 | +€840 | +1201.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,624 | €67,847 | +€102,470 | |
| Profit (loss) for the period | 9904 | -€34,624 | €67,847 | +€102,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€34,624 | €67,847 | +€102,470 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.