SMART SERVICES: 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 SERVICES
Largest movements
- Tangible fixed assets +€11,641
up €11,641 (+34.0%), from €34,200 to €45,841
of which Other tangible fixed assets: +€11,533
- Cash -€8,680
down €8,680 (-23.9%), from €36,330 to €27,650
mainly Investment in fixed assets (net) (-€17,830) and Trade debts (-€10,106)
- Deferred charges and accrued income -€2,527
no longer reported in 2024 (was €2,527)
- Intangible fixed assets -€1,223
down €1,223 (-33.4%), from €3,667 to €2,444
- Trade debts -€10,106
down €10,106 (-91.0%), from €11,102 to €996
- Tax, wage and social debts +€7,042
up €7,042 (+93.3%), from €7,545 to €14,587
of which Remuneration and social security: +€7,691
- Debts after one year +€4,090
up €4,090 (+8.9%), from €45,959 to €50,049
- Profit (loss) carried forward -€1,796
down €1,796 (-29.5%), from €6,078 to €4,282
- Purchases and services +€40,338
up €40,338 (+33.6%), from €120,011 to €160,349
- Gross operating margin -€24,571
down €24,571 (-73.8%), from €33,293 to €8,722
- Turnover +€15,767
up €15,767 (+10.3%), from €153,304 to €169,071
- Depreciation +€2,911
up €2,911 (+64.7%), from €4,501 to €7,412
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 | €76,884 | €76,114 | -€770 | -1.0% |
| Fixed assets | 21/28 | €38,027 | €48,445 | +€10,418 | +27.4% |
| Intangible fixed assets | 21 | €3,667 | €2,444 | -€1,223 | -33.4% |
| Tangible fixed assets | 22/27 | €34,200 | €45,841 | +€11,641 | +34.0% |
| Plant, machinery and equipment | 23 | €736 | €2,339 | +€1,603 | +217.8% |
| Furniture and vehicles | 24 | €4,807 | €3,312 | -€1,495 | -31.1% |
| Other tangible fixed assets | 26 | €28,657 | €40,190 | +€11,533 | +40.2% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €38,857 | €27,669 | -€11,188 | -28.8% |
| Amounts receivable within one year | 40/41 | - | €19 | +€19 | |
| Other amounts receivable | 41 | - | €19 | +€19 | |
| Cash at bank and in hand | 54/58 | €36,330 | €27,650 | -€8,680 | -23.9% |
| Deferred charges and accrued income | 490/1 | €2,527 | - | -€2,527 | |
| Total equity and liabilities | 10/49 | €76,884 | €76,114 | -€770 | -1.0% |
| Equity | 10/15 | €12,278 | €10,482 | -€1,796 | -14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,078 | €4,282 | -€1,796 | -29.5% |
| Amounts payable | 17/49 | €64,606 | €65,632 | +€1,026 | +1.6% |
| Amounts payable after more than one year | 17 | €45,959 | €50,049 | +€4,090 | +8.9% |
| Other amounts payable | 178/9 | €45,959 | €50,049 | +€4,090 | +8.9% |
| Amounts payable within one year | 42/48 | €18,647 | €15,583 | -€3,064 | -16.4% |
| Trade debts | 44 | €11,102 | €996 | -€10,106 | -91.0% |
| Suppliers | 440/4 | €11,102 | €996 | -€10,106 | -91.0% |
| Taxes, remuneration and social security | 45 | €7,545 | €14,587 | +€7,042 | +93.3% |
| Taxes | 450/3 | €3,647 | €2,998 | -€649 | -17.8% |
| Remuneration and social security | 454/9 | €3,898 | €11,589 | +€7,691 | +197.3% |
| Turnover | 70 | €153,304 | €169,071 | +€15,767 | +10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,011 | €160,349 | +€40,338 | +33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,501 | €7,412 | +€2,911 | +64.7% |
| Other operating charges | 640/8 | €2,272 | €1,853 | -€419 | -18.4% |
| Gross operating margin | 9900 | €33,293 | €8,722 | -€24,571 | -73.8% |
| Operating profit (loss) | 9901 | €26,520 | -€543 | -€27,063 | |
| Financial income | 75/76B | €52 | €72 | +€20 | +38.5% |
| Recurring financial income | 75 | €52 | €72 | +€20 | +38.5% |
| Financial charges | 65/66B | €1,099 | €1,307 | +€208 | +18.9% |
| Recurring financial charges | 65 | €1,099 | €1,307 | +€208 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €25,473 | -€1,778 | -€27,251 | |
| Income taxes | 67/77 | €3 | €18 | +€15 | +500.0% |
| Profit (loss) for the period | 9904 | €25,470 | -€1,796 | -€27,266 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,470 | -€1,796 | -€27,266 |
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 2 October 2026 via checked.be.