LIVE SMART - MANAGEMENT: 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.
LIVE SMART - MANAGEMENT
Largest movements
- Receivables within one year -€41,127
down €41,127 (-13.5%), from €305,564 to €264,437
of which Trade receivables: -€46,323
- Cash +€23,174
up €23,174 (+1,110%), from €2,087 to €25,261
mainly Receivables within one year (+€41,127) and Depreciation (+€9,133)
- Tangible fixed assets -€9,133
down €9,133 (-8.4%), from €109,253 to €100,120
of which Furniture and vehicles: -€6,091
- Tax, wage and social debts -€17,425
down €17,425 (-85.2%), from €20,457 to €3,033
of which Taxes: -€15,979
- Current portion of long-term debt -€13,224
down €13,224 (-91.4%), from €14,470 to €1,245
- Gross operating margin -€32,588
down €32,588 (-71.7%), from €45,422 to €12,833
- Taxes -€8,323
down €8,323 (-73.3%), from €11,355 to €3,033
- Financial income +€2,811
up €2,811 (+68.2%), from €4,122 to €6,933
- Other operating charges +€827
up €827 (+39.8%), from €2,079 to €2,906
- Depreciation +€690
up €690 (+8.2%), from €8,443 to €9,133
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.
Derived cash bridge
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 | €418,403 | €391,556 | -€26,848 | -6.4% |
| Fixed assets | 21/28 | €109,272 | €100,139 | -€9,133 | -8.4% |
| Tangible fixed assets | 22/27 | €109,253 | €100,120 | -€9,133 | -8.4% |
| Land and buildings | 22 | €64,345 | €61,303 | -€3,042 | -4.7% |
| Furniture and vehicles | 24 | €44,908 | €38,817 | -€6,091 | -13.6% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €309,131 | €291,417 | -€17,715 | -5.7% |
| Amounts receivable within one year | 40/41 | €305,564 | €264,437 | -€41,127 | -13.5% |
| Trade receivables | 40 | €47,678 | €1,355 | -€46,323 | -97.2% |
| Other amounts receivable | 41 | €257,886 | €263,082 | +€5,195 | +2.0% |
| Cash at bank and in hand | 54/58 | €2,087 | €25,261 | +€23,174 | +1,110% |
| Deferred charges and accrued income | 490/1 | €1,480 | €1,719 | +€239 | +16.2% |
| Total equity and liabilities | 10/49 | €418,403 | €391,556 | -€26,848 | -6.4% |
| Equity | 10/15 | €306,970 | €310,684 | +€3,715 | +1.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €48,657 | €48,657 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,797 | €46,797 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,313 | €62,027 | +€3,715 | +6.4% |
| Amounts payable | 17/49 | €111,434 | €80,871 | -€30,562 | -27.4% |
| Amounts payable after more than one year | 17 | €1,245 | - | -€1,245 | |
| Financial debts | 170/4 | €1,245 | - | -€1,245 | |
| Amounts payable within one year | 42/48 | €110,055 | €80,871 | -€29,184 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €14,470 | €1,245 | -€13,224 | -91.4% |
| Trade debts | 44 | €64,847 | €64,158 | -€690 | -1.1% |
| Suppliers | 440/4 | €64,847 | €64,158 | -€690 | -1.1% |
| Taxes, remuneration and social security | 45 | €20,457 | €3,033 | -€17,425 | -85.2% |
| Taxes | 450/3 | €19,011 | €3,033 | -€15,979 | -84.0% |
| Remuneration and social security | 454/9 | €1,446 | - | -€1,446 | |
| Other amounts payable | 47/48 | €10,282 | €12,436 | +€2,154 | +21.0% |
| Accrued charges and deferred income | 492/3 | €133 | - | -€133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,443 | €9,133 | +€690 | +8.2% |
| Other operating charges | 640/8 | €2,079 | €2,906 | +€827 | +39.8% |
| Gross operating margin | 9900 | €45,422 | €12,833 | -€32,588 | -71.7% |
| Operating profit (loss) | 9901 | €34,900 | €794 | -€34,105 | -97.7% |
| Financial income | 75/76B | €4,122 | €6,933 | +€2,811 | +68.2% |
| Recurring financial income | 75 | €4,122 | €6,933 | +€2,811 | +68.2% |
| Financial charges | 65/66B | €856 | €980 | +€124 | +14.5% |
| Recurring financial charges | 65 | €856 | €980 | +€124 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €38,165 | €6,747 | -€31,418 | -82.3% |
| Income taxes | 67/77 | €11,355 | €3,033 | -€8,323 | -73.3% |
| Profit (loss) for the period | 9904 | €26,810 | €3,715 | -€23,095 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,810 | €3,715 | -€23,095 | -86.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.