ONE SMART CONTROL: 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.
ONE SMART CONTROL
Largest movements
- Receivables within one year -€146,205
down €146,205 (-99.7%), from €146,695 to €490
of which Trade receivables: -€139,432
- Stocks and contracts -€91,384
no longer reported in 2024 (was €91,384)
- Deferred charges and accrued income -€8,490
down €8,490 (-94.4%), from €8,990 to €500
- Trade debts -€153,340
down €153,340 (-90.0%), from €170,315 to €16,975
- Profit (loss) carried forward -€119,571
down €119,571 (-0.7%), from -€16.8m to -€17.0m
- Debts after one year +€26,793
up €26,793 (+6.1%), from €441,000 to €467,793
- Goods and materials -€754,577
no longer reported in 2024 (was €754,577)
of which Change in stocks: decrease (increase): -€707,631
- Write-downs +€364,908
up €364,908, from -€278,741 to €86,167
- Turnover -€276,835
down €276,835 (-89.8%), from €308,259 to €31,425
- Services and other goods -€164,695
no longer reported in 2024 (was €164,695)
- Gross operating margin -€31,960
new in 2024: -€31,960
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 | €247,775 | €1,657 | -€246,118 | -99.3% |
| Fixed assets | 21/28 | €367 | - | -€367 | |
| Intangible fixed assets | 21 | €367 | - | -€367 | |
| Current assets | 29/58 | €247,408 | €1,657 | -€245,751 | -99.3% |
| Stocks and contracts in progress | 3 | €91,384 | - | -€91,384 | |
| Stocks | 30/36 | €91,384 | - | -€91,384 | |
| Goods purchased for resale | 34 | €91,384 | - | -€91,384 | |
| Amounts receivable within one year | 40/41 | €146,695 | €490 | -€146,205 | -99.7% |
| Trade receivables | 40 | €139,543 | €110 | -€139,432 | -99.9% |
| Other amounts receivable | 41 | €7,152 | €380 | -€6,772 | -94.7% |
| Cash at bank and in hand | 54/58 | €339 | €667 | +€328 | +96.8% |
| Deferred charges and accrued income | 490/1 | €8,990 | €500 | -€8,490 | -94.4% |
| Total equity and liabilities | 10/49 | €247,775 | €1,657 | -€246,118 | -99.3% |
| Equity | 10/15 | -€363,540 | -€483,111 | -€119,571 | -32.9% |
| Contributions | 10/11 | €16,467,500 | €16,467,500 | = | 0.0% |
| Capital | 10 | €16,467,500 | €16,467,500 | = | 0.0% |
| Issued capital | 100 | €16,467,500 | €16,467,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,831,040 | -€16,950,611 | -€119,571 | -0.7% |
| Amounts payable | 17/49 | €611,315 | €484,768 | -€126,547 | -20.7% |
| Amounts payable after more than one year | 17 | €441,000 | €467,793 | +€26,793 | +6.1% |
| Financial debts | 170/4 | €441,000 | €467,793 | +€26,793 | +6.1% |
| Other loans | 174 | €441,000 | - | -€441,000 | |
| Amounts payable within one year | 42/48 | €170,315 | €16,975 | -€153,340 | -90.0% |
| Trade debts | 44 | €170,315 | €16,975 | -€153,340 | -90.0% |
| Suppliers | 440/4 | €170,315 | €16,975 | -€153,340 | -90.0% |
| Operating income | 70/76A | €336,064 | - | -€336,064 | |
| Turnover | 70 | €308,259 | €31,425 | -€276,835 | -89.8% |
| Other operating income | 74 | €27,805 | - | -€27,805 | |
| Operating charges | 60/66A | €657,464 | - | -€657,464 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €63,384 | +€63,384 | |
| Goods for resale, raw materials and consumables | 60 | €754,577 | - | -€754,577 | |
| Purchases | 600/8 | €46,947 | - | -€46,947 | |
| Change in stocks: decrease (increase) | 609 | €707,631 | - | -€707,631 | |
| Services and other goods | 61 | €164,695 | - | -€164,695 | |
| Remuneration, social security and pensions | 62 | €14,212 | €54 | -€14,158 | -99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,076 | €367 | -€1,710 | -82.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€278,741 | €86,167 | +€364,908 | |
| Other operating charges | 640/8 | €269 | - | -€269 | |
| Non-recurring operating charges | 66A | €375 | - | -€375 | |
| Gross operating margin | 9900 | - | -€31,960 | -€31,960 | |
| Operating profit (loss) | 9901 | -€321,400 | -€118,548 | +€202,852 | +63.1% |
| Financial income | 75/76B | €80 | - | -€80 | |
| Recurring financial income | 75 | €80 | - | -€80 | |
| Other financial income | 752/9 | €80 | - | -€80 | |
| Financial charges | 65/66B | €884 | €459 | -€424 | -48.0% |
| Recurring financial charges | 65 | €884 | €459 | -€424 | -48.0% |
| Debt charges | 650 | €884 | - | -€884 | |
| Profit (loss) for the period before taxes | 9903 | -€322,204 | -€119,008 | +€203,196 | +63.1% |
| Income taxes | 67/77 | €1,069 | €564 | -€506 | -47.3% |
| Taxes | 670/3 | €1,069 | - | -€1,069 | |
| Profit (loss) for the period | 9904 | -€323,273 | -€119,571 | +€203,702 | +63.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€323,273 | -€119,571 | +€203,702 | +63.0% |
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 29 September 2026 via checked.be.