SMAAKMARKT: 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.
SMAAKMARKT
Largest movements
- Tangible fixed assets -€5,953
down €5,953 (-25.8%), from €23,094 to €17,141
- Cash +€5,373
up €5,373 (+40.1%), from €13,398 to €18,771
mainly Depreciation (+€7,369) and Net result for the year (+€5,355)
- Stocks and contracts +€1,582
up €1,582 (+9.8%), from €16,169 to €17,751
- Profit (loss) carried forward +€5,355
up €5,355 (+5.0%), from -€108,040 to -€102,684
- Tax, wage and social debts -€4,614
down €4,614 (-14.6%), from €31,533 to €26,919
of which Remuneration and social security: -€6,464
- Trade debts +€3,331
up €3,331 (+20.5%), from €16,227 to €19,557
- Other debts -€2,903
down €2,903 (-19.9%), from €14,616 to €11,714
- Staff costs -€27,170
down €27,170 (-23.7%), from €114,488 to €87,319
- Gross operating margin +€18,647
up €18,647 (+21.0%), from €88,854 to €107,501
- Financial charges +€2,429
up €2,429 (+242%), from €1,005 to €3,434
- Depreciation -€1,834
down €1,834 (-19.9%), from €9,203 to €7,369
- Other operating charges +€1,154
up €1,154 (+41.0%), from €2,811 to €3,965
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 | €55,336 | €56,506 | +€1,169 | +2.1% |
| Fixed assets | 21/28 | €23,392 | €17,439 | -€5,953 | -25.4% |
| Tangible fixed assets | 22/27 | €23,094 | €17,141 | -€5,953 | -25.8% |
| Plant, machinery and equipment | 23 | €11,798 | €10,157 | -€1,640 | -13.9% |
| Furniture and vehicles | 24 | €4,614 | €2,954 | -€1,660 | -36.0% |
| Leasing and similar rights | 25 | €6,682 | €4,029 | -€2,653 | -39.7% |
| Financial fixed assets | 28 | €299 | €299 | = | 0.0% |
| Current assets | 29/58 | €31,944 | €39,067 | +€7,122 | +22.3% |
| Stocks and contracts in progress | 3 | €16,169 | €17,751 | +€1,582 | +9.8% |
| Stocks | 30/36 | €16,169 | €17,751 | +€1,582 | +9.8% |
| Amounts receivable within one year | 40/41 | €487 | €487 | = | 0.0% |
| Other amounts receivable | 41 | €487 | €487 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,398 | €18,771 | +€5,373 | +40.1% |
| Deferred charges and accrued income | 490/1 | €1,890 | €2,058 | +€168 | +8.9% |
| Total equity and liabilities | 10/49 | €55,336 | €56,506 | +€1,169 | +2.1% |
| Equity | 10/15 | -€7,040 | -€1,684 | +€5,355 | +76.1% |
| Contributions | 10/11 | €101,000 | €101,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,040 | -€102,684 | +€5,355 | +5.0% |
| Amounts payable | 17/49 | €62,376 | €58,190 | -€4,186 | -6.7% |
| Amounts payable within one year | 42/48 | €62,376 | €58,190 | -€4,186 | -6.7% |
| Trade debts | 44 | €16,227 | €19,557 | +€3,331 | +20.5% |
| Suppliers | 440/4 | €16,227 | €19,557 | +€3,331 | +20.5% |
| Taxes, remuneration and social security | 45 | €31,533 | €26,919 | -€4,614 | -14.6% |
| Taxes | 450/3 | €5,596 | €7,447 | +€1,851 | +33.1% |
| Remuneration and social security | 454/9 | €25,936 | €19,472 | -€6,464 | -24.9% |
| Other amounts payable | 47/48 | €14,616 | €11,714 | -€2,903 | -19.9% |
| Remuneration, social security and pensions | 62 | €114,488 | €87,319 | -€27,170 | -23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,203 | €7,369 | -€1,834 | -19.9% |
| Other operating charges | 640/8 | €2,811 | €3,965 | +€1,154 | +41.0% |
| Gross operating margin | 9900 | €88,854 | €107,501 | +€18,647 | +21.0% |
| Operating profit (loss) | 9901 | -€37,648 | €8,848 | +€46,497 | |
| Financial charges | 65/66B | €1,005 | €3,434 | +€2,429 | +242% |
| Recurring financial charges | 65 | €1,005 | €3,434 | +€2,429 | +242% |
| Profit (loss) for the period before taxes | 9903 | -€38,653 | €5,415 | +€44,068 | |
| Income taxes | 67/77 | €132 | €59 | -€72 | -55.0% |
| Profit (loss) for the period | 9904 | -€38,785 | €5,355 | +€44,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,785 | €5,355 | +€44,140 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.