Smart Compliance: 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.
Smart Compliance
Largest movements
- Current investments +€60,393
up €60,393 (+40.3%), from €150,000 to €210,393
- Cash -€35,212
down €35,212 (-31.6%), from €111,382 to €76,170
mainly Accrued charges and deferred income (-€95,040) and Current investments (-€60,393)
- Receivables within one year +€23,548
up €23,548 (+191.5%), from €12,299 to €35,847
of which Other amounts receivable: +€23,992
- Financial fixed assets -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Receivables after one year +€20,000
new in 2024: €20,000
- Provisions +€113,040
new in 2024: €113,040
- Accrued charges and deferred income -€95,040
down €95,040 (-100.0%), from €95,040 to €0
- Profit (loss) carried forward +€20,202
up €20,202 (+13.2%), from €153,455 to €173,657
- Trade debts +€9,434
up €9,434 (+1945.2%), from €485 to €9,919
- Provisions +€113,040
new in 2024: €113,040
- Gross operating margin -€74,354
down €74,354 (-37.3%), from €199,151 to €124,798
- Taxes -€39,105
down €39,105 (-86.4%), from €45,268 to €6,164
- Financial income +€21,363
up €21,363 (+4921.0%), from €434 to €21,797
of which Financial income: +€20,984
- Financial charges +€5,621
up €5,621 (+17581.5%), from €32 to €5,653
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 | €294,648 | €344,368 | +€49,720 | +16.9% |
| Fixed assets | 21/28 | €20,967 | €675 | -€20,292 | -96.8% |
| Tangible fixed assets | 22/27 | €967 | €675 | -€292 | -30.2% |
| Furniture and vehicles | 24 | €967 | €675 | -€292 | -30.2% |
| Financial fixed assets | 28 | €20,000 | €0 | -€20,000 | -100.0% |
| Current assets | 29/58 | €273,681 | €343,693 | +€70,012 | +25.6% |
| Amounts receivable after more than one year | 29 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 291 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €12,299 | €35,847 | +€23,548 | +191.5% |
| Trade receivables | 40 | €444 | €0 | -€444 | -100.0% |
| Other amounts receivable | 41 | €11,855 | €35,847 | +€23,992 | +202.4% |
| Current investments | 50/53 | €150,000 | €210,393 | +€60,393 | +40.3% |
| Cash at bank and in hand | 54/58 | €111,382 | €76,170 | -€35,212 | -31.6% |
| Deferred charges and accrued income | 490/1 | - | €1,283 | +€1,283 | |
| Total equity and liabilities | 10/49 | €294,648 | €344,368 | +€49,720 | +16.9% |
| Equity | 10/15 | €153,456 | €173,658 | +€20,202 | +13.2% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,455 | €173,657 | +€20,202 | +13.2% |
| Provisions and deferred taxes | 16 | - | €113,040 | +€113,040 | |
| Provisions for liabilities and charges | 160/5 | - | €113,040 | +€113,040 | |
| Other liabilities and charges | 164/5 | - | €113,040 | +€113,040 | |
| Amounts payable | 17/49 | €141,191 | €57,670 | -€83,522 | -59.2% |
| Amounts payable within one year | 42/48 | €46,151 | €57,670 | +€11,518 | +25.0% |
| Trade debts | 44 | €485 | €9,919 | +€9,434 | +1945.2% |
| Suppliers | 440/4 | €485 | €9,919 | +€9,434 | +1945.2% |
| Taxes, remuneration and social security | 45 | €45,268 | €47,353 | +€2,085 | +4.6% |
| Taxes | 450/3 | €45,268 | €47,353 | +€2,085 | +4.6% |
| Other amounts payable | 47/48 | €398 | €397 | -€1 | -0.3% |
| Accrued charges and deferred income | 492/3 | €95,040 | €0 | -€95,040 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137 | €292 | +€155 | +113.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €113,040 | +€113,040 | |
| Other operating charges | 640/8 | €693 | €1,244 | +€551 | +79.6% |
| Gross operating margin | 9900 | €199,151 | €124,798 | -€74,354 | -37.3% |
| Operating profit (loss) | 9901 | €198,322 | €10,221 | -€188,100 | -94.8% |
| Financial income | 75/76B | €434 | €21,797 | +€21,363 | +4921.0% |
| Recurring financial income | 75 | €434 | €21,418 | +€20,984 | +4833.8% |
| Non-recurring financial income | 76B | - | €379 | +€379 | |
| Financial charges | 65/66B | €32 | €5,653 | +€5,621 | +17581.5% |
| Recurring financial charges | 65 | €32 | €5,653 | +€5,621 | +17581.5% |
| Profit (loss) for the period before taxes | 9903 | €198,724 | €26,366 | -€172,358 | -86.7% |
| Income taxes | 67/77 | €45,268 | €6,164 | -€39,105 | -86.4% |
| Profit (loss) for the period | 9904 | €153,455 | €20,202 | -€133,254 | -86.8% |
| Profit (loss) for the period to be appropriated | 9905 | €153,455 | €20,202 | -€133,254 | -86.8% |
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 11 October 2026 via checked.be.