NEW SMAC: what changed
NEW SMAC
Largest movements
- Receivables within one year -€5,812
down €5,812 (-21.7%), from €26,827 to €21,015
- Profit (loss) carried forward -€3,258
down €3,258 (-44.1%), from -€7,380 to -€10,637
- Short-term financial debts -€1,362
down €1,362 (-12.2%), from €11,205 to €9,843
- Trade debts -€1,193
down €1,193 (-46.9%), from €2,542 to €1,349
- Gross operating margin +€410
up €410 (+19.7%), from -€2,076 to -€1,666
- Other operating charges -€199
down €199 (-46.4%), from €428 to €230
- Financial charges +€198
up €198 (+17.0%), from €1,164 to €1,362
Change in the result, 2023 to 2024
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
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,827 | €21,015 | -€5,812 | -21.7% |
| Current assets | 29/58 | €26,827 | €21,015 | -€5,812 | -21.7% |
| Amounts receivable within one year | 40/41 | €26,827 | €21,015 | -€5,812 | -21.7% |
| Other amounts receivable | 41 | €26,827 | €21,015 | -€5,812 | -21.7% |
| Total equity and liabilities | 10/49 | €26,827 | €21,015 | -€5,812 | -21.7% |
| Equity | 10/15 | €13,080 | €9,823 | -€3,258 | -24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€7,380 | -€10,637 | -€3,258 | -44.1% |
| Amounts payable | 17/49 | €13,747 | €11,192 | -€2,554 | -18.6% |
| Amounts payable within one year | 42/48 | €13,747 | €11,192 | -€2,554 | -18.6% |
| Financial debts | 43 | €11,205 | €9,843 | -€1,362 | -12.2% |
| Credit institutions | 430/8 | €11,205 | €9,843 | -€1,362 | -12.2% |
| Trade debts | 44 | €2,542 | €1,349 | -€1,193 | -46.9% |
| Suppliers | 440/4 | €2,542 | €1,349 | -€1,193 | -46.9% |
| Other operating charges | 640/8 | €428 | €230 | -€199 | -46.4% |
| Gross operating margin | 9900 | -€2,076 | -€1,666 | +€410 | +19.7% |
| Operating profit (loss) | 9901 | -€2,504 | -€1,896 | +€608 | +24.3% |
| Financial charges | 65/66B | €1,164 | €1,362 | +€198 | +17.0% |
| Recurring financial charges | 65 | €1,164 | €1,362 | +€198 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,668 | -€3,258 | +€411 | +11.2% |
| Profit (loss) for the period | 9904 | -€3,668 | -€3,258 | +€411 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,668 | -€3,258 | +€411 | +11.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.