SMART SKILLS: 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 SKILLS
Largest movements
- Cash -€9,142
down €9,142 (-34.2%), from €26,763 to €17,621
mainly Net result for the year (-€6,249) and Debts after one year (-€3,475)
- Tangible fixed assets -€4,458
down €4,458 (-25.7%), from €17,323 to €12,865
of which Leasing and similar rights: -€3,504
- Receivables within one year +€1,631
up €1,631 (+130%), from €1,252 to €2,883
of which Trade receivables: +€1,631
- Profit (loss) carried forward -€6,249
down €6,249, from €3,122 to -€3,127
- Debts after one year -€3,475
down €3,475 (-34.6%), from €10,034 to €6,559
- Trade debts -€3,424
no longer reported in 2022 (was €3,424)
- Tax, wage and social debts +€1,335
up €1,335 (+8.3%), from €16,115 to €17,450
of which Remuneration and social security: +€2,107
- Gross operating margin +€52,522
up €52,522 (+205%), from €25,602 to €78,124
- Staff costs +€45,973
up €45,973 (+145%), from €31,811 to €77,784
- Taxes -€1,475
down €1,475 (-92.5%), from €1,595 to €120
- Depreciation -€1,169
down €1,169 (-19.2%), from €6,077 to €4,908
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,027 | €35,059 | -€11,968 | -25.5% |
| Fixed assets | 21/28 | €19,012 | €14,554 | -€4,458 | -23.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €17,323 | €12,865 | -€4,458 | -25.7% |
| Land and buildings | 22 | €3,070 | €2,303 | -€767 | -25.0% |
| Furniture and vehicles | 24 | €1,113 | €927 | -€186 | -16.7% |
| Leasing and similar rights | 25 | €13,140 | €9,636 | -€3,504 | -26.7% |
| Financial fixed assets | 28 | €1,689 | €1,689 | = | 0.0% |
| Current assets | 29/58 | €28,015 | €20,504 | -€7,511 | -26.8% |
| Amounts receivable within one year | 40/41 | €1,252 | €2,883 | +€1,631 | +130% |
| Trade receivables | 40 | €939 | €2,570 | +€1,631 | +174% |
| Other amounts receivable | 41 | €313 | €313 | +€0 | +0.2% |
| Cash at bank and in hand | 54/58 | €26,763 | €17,621 | -€9,142 | -34.2% |
| Total equity and liabilities | 10/49 | €47,027 | €35,059 | -€11,968 | -25.5% |
| Equity | 10/15 | €11,182 | €4,933 | -€6,249 | -55.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,122 | -€3,127 | -€6,249 | |
| Amounts payable | 17/49 | €35,845 | €30,126 | -€5,719 | -16.0% |
| Amounts payable after more than one year | 17 | €10,034 | €6,559 | -€3,475 | -34.6% |
| Financial debts | 170/4 | €10,034 | €6,559 | -€3,475 | -34.6% |
| Amounts payable within one year | 42/48 | €25,811 | €23,566 | -€2,245 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €3,475 | €3,475 | -€0 | 0.0% |
| Trade debts | 44 | €3,424 | - | -€3,424 | |
| Suppliers | 440/4 | €3,424 | - | -€3,424 | |
| Taxes, remuneration and social security | 45 | €16,115 | €17,450 | +€1,335 | +8.3% |
| Taxes | 450/3 | €3,418 | €2,646 | -€772 | -22.6% |
| Remuneration and social security | 454/9 | €12,697 | €14,804 | +€2,107 | +16.6% |
| Other amounts payable | 47/48 | €2,797 | €2,641 | -€156 | -5.6% |
| Remuneration, social security and pensions | 62 | €31,811 | €77,784 | +€45,973 | +145% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,077 | €4,908 | -€1,169 | -19.2% |
| Other operating charges | 640/8 | €485 | €896 | +€411 | +84.7% |
| Gross operating margin | 9900 | €25,602 | €78,124 | +€52,522 | +205% |
| Operating profit (loss) | 9901 | -€12,771 | -€5,464 | +€7,307 | +57.2% |
| Financial charges | 65/66B | €1,059 | €665 | -€394 | -37.2% |
| Recurring financial charges | 65 | €1,059 | €665 | -€394 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,830 | -€6,129 | +€7,701 | +55.7% |
| Income taxes | 67/77 | €1,595 | €120 | -€1,475 | -92.5% |
| Profit (loss) for the period | 9904 | -€15,425 | -€6,249 | +€9,176 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,425 | -€6,249 | +€9,176 | +59.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.