SMART ELECTRO TECH: 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 ELECTRO TECH
Largest movements
- Cash -€7,579
down €7,579 (-26.4%), from €28,756 to €21,177
mainly Trade debts (-€14,476) and Receivables within one year (-€6,643)
- Receivables within one year +€6,643
up €6,643 (+26.5%), from €25,095 to €31,738
of which Other amounts receivable: +€8,204
- Tangible fixed assets -€4,757
down €4,757 (-37.4%), from €12,735 to €7,978
- Trade debts -€14,476
no longer reported in 2024 (was €14,476)
- Profit (loss) carried forward +€6,466
up €6,466 (+14.6%), from €44,250 to €50,716
- Tax, wage and social debts +€2,156
new in 2024: €2,156
- Turnover -€355,714
no longer reported in 2024 (was €355,714)
- Purchases and services -€335,232
no longer reported in 2024 (was €335,232)
- Gross operating margin +€126,052
up €126,052 (+615.4%), from €20,482 to €146,534
- Staff costs +€125,508
new in 2024: €125,508
- Taxes +€9,723
new in 2024: €9,723
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 | €66,586 | €60,893 | -€5,693 | -8.5% |
| Fixed assets | 21/28 | €12,735 | €7,978 | -€4,757 | -37.4% |
| Tangible fixed assets | 22/27 | €12,735 | €7,978 | -€4,757 | -37.4% |
| Furniture and vehicles | 24 | €12,735 | €7,978 | -€4,757 | -37.4% |
| Current assets | 29/58 | €53,851 | €52,915 | -€936 | -1.7% |
| Amounts receivable within one year | 40/41 | €25,095 | €31,738 | +€6,643 | +26.5% |
| Trade receivables | 40 | €1,561 | - | -€1,561 | |
| Other amounts receivable | 41 | €23,534 | €31,738 | +€8,204 | +34.9% |
| Cash at bank and in hand | 54/58 | €28,756 | €21,177 | -€7,579 | -26.4% |
| Total equity and liabilities | 10/49 | €66,586 | €60,893 | -€5,693 | -8.5% |
| Equity | 10/15 | €46,050 | €52,516 | +€6,466 | +14.0% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,250 | €50,716 | +€6,466 | +14.6% |
| Amounts payable | 17/49 | €20,536 | €8,377 | -€12,159 | -59.2% |
| Amounts payable within one year | 42/48 | €20,426 | €8,377 | -€12,049 | -59.0% |
| Trade debts | 44 | €14,476 | - | -€14,476 | |
| Suppliers | 440/4 | €14,476 | - | -€14,476 | |
| Taxes, remuneration and social security | 45 | - | €2,156 | +€2,156 | |
| Taxes | 450/3 | - | €2,156 | +€2,156 | |
| Other amounts payable | 47/48 | €5,950 | €6,221 | +€271 | +4.6% |
| Accrued charges and deferred income | 492/3 | €110 | - | -€110 | |
| Turnover | 70 | €355,714 | - | -€355,714 | |
| Goods, raw materials, services and sundry goods | 60/61 | €335,232 | - | -€335,232 | |
| Remuneration, social security and pensions | 62 | - | €125,508 | +€125,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,941 | €4,756 | -€185 | -3.7% |
| Other operating charges | 640/8 | €180 | - | -€180 | |
| Non-recurring operating charges | 66A | - | €40 | +€40 | |
| Gross operating margin | 9900 | €20,482 | €146,534 | +€126,052 | +615.4% |
| Operating profit (loss) | 9901 | €15,361 | €16,230 | +€869 | +5.7% |
| Financial charges | 65/66B | €1,155 | €41 | -€1,114 | -96.5% |
| Recurring financial charges | 65 | €773 | €41 | -€732 | -94.7% |
| Non-recurring financial charges | 66B | €382 | - | -€382 | |
| Profit (loss) for the period before taxes | 9903 | €14,206 | €16,189 | +€1,983 | +14.0% |
| Income taxes | 67/77 | - | €9,723 | +€9,723 | |
| Profit (loss) for the period | 9904 | €14,206 | €6,466 | -€7,740 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,206 | €6,466 | -€7,740 | -54.5% |
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 5 October 2026 via checked.be.