SMART DRIVER: 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.
SMART DRIVER
Largest movements
- Receivables within one year +€32,810
up €32,810 (+248.5%), from €13,203 to €46,013
of which Trade receivables: +€26,797
- Tangible fixed assets +€18,228
up €18,228 (+2507.2%), from €727 to €18,955
- Cash -€14,793
down €14,793 (-87.9%), from €16,822 to €2,029
mainly Receivables within one year (-€32,810) and Investment in fixed assets (net) (-€20,664)
- Deferred charges and accrued income +€1,380
new in 2024: €1,380
- Trade debts +€23,835
up €23,835, from €0 to €23,835
- Profit (loss) carried forward +€19,806
up €19,806 (+122.1%), from €16,223 to €36,029
- Tax, wage and social debts -€6,016
down €6,016 (-63.1%), from €9,529 to €3,513
of which Remuneration and social security: -€6,503
- Gross operating margin +€10,504
up €10,504 (+63.0%), from €16,672 to €27,176
- Taxes +€3,513
new in 2024: €3,513
- Depreciation +€2,362
up €2,362 (+3200.9%), from €74 to €2,436
- Other operating charges +€957
up €957 (+256.4%), from €373 to €1,330
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 | €30,752 | €68,377 | +€37,625 | +122.3% |
| Fixed assets | 21/28 | €727 | €18,955 | +€18,228 | +2507.2% |
| Tangible fixed assets | 22/27 | €727 | €18,955 | +€18,228 | +2507.2% |
| Furniture and vehicles | 24 | €727 | €18,955 | +€18,228 | +2507.2% |
| Current assets | 29/58 | €30,025 | €49,422 | +€19,396 | +64.6% |
| Amounts receivable within one year | 40/41 | €13,203 | €46,013 | +€32,810 | +248.5% |
| Trade receivables | 40 | €3,891 | €30,688 | +€26,797 | +688.7% |
| Other amounts receivable | 41 | €9,312 | €15,326 | +€6,013 | +64.6% |
| Cash at bank and in hand | 54/58 | €16,822 | €2,029 | -€14,793 | -87.9% |
| Deferred charges and accrued income | 490/1 | - | €1,380 | +€1,380 | |
| Total equity and liabilities | 10/49 | €30,752 | €68,377 | +€37,625 | +122.3% |
| Equity | 10/15 | €21,223 | €41,029 | +€19,806 | +93.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,223 | €36,029 | +€19,806 | +122.1% |
| Amounts payable | 17/49 | €9,529 | €27,348 | +€17,819 | +187.0% |
| Amounts payable within one year | 42/48 | €9,529 | €27,348 | +€17,819 | +187.0% |
| Trade debts | 44 | €0 | €23,835 | +€23,835 | |
| Suppliers | 440/4 | €0 | €23,835 | +€23,835 | |
| Taxes, remuneration and social security | 45 | €9,529 | €3,513 | -€6,016 | -63.1% |
| Taxes | 450/3 | €3,026 | €3,513 | +€487 | +16.1% |
| Remuneration and social security | 454/9 | €6,503 | - | -€6,503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74 | €2,436 | +€2,362 | +3200.9% |
| Other operating charges | 640/8 | €373 | €1,330 | +€957 | +256.4% |
| Gross operating margin | 9900 | €16,672 | €27,176 | +€10,504 | +63.0% |
| Operating profit (loss) | 9901 | €16,225 | €23,410 | +€7,185 | +44.3% |
| Financial charges | 65/66B | €2 | €91 | +€89 | +4467.0% |
| Recurring financial charges | 65 | €2 | €91 | +€89 | +4467.0% |
| Profit (loss) for the period before taxes | 9903 | €16,223 | €23,319 | +€7,096 | +43.7% |
| Income taxes | 67/77 | - | €3,513 | +€3,513 | |
| Profit (loss) for the period | 9904 | €16,223 | €19,806 | +€3,582 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,223 | €19,806 | +€3,582 | +22.1% |
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 30 September 2026 via checked.be.