SMART TECHNOLOGIES: 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 TECHNOLOGIES
Largest movements
- Receivables within one year -€5,390
down €5,390 (-96.1%), from €5,606 to €216
of which Trade receivables: -€4,173
- Cash -€1,093
down €1,093 (-2.8%), from €38,758 to €37,665
mainly Trade debts (-€22,084) and Net result for the year (-€17,095)
- Intangible fixed assets -€740
no longer reported in 2024 (was €740)
- Other debts +€30,458
up €30,458 (+63.3%), from €48,109 to €78,567
- Trade debts -€22,084
no longer reported in 2024 (was €22,084)
- Profit (loss) carried forward -€17,095
down €17,095 (-37.7%), from -€45,373 to -€62,468
- Tax, wage and social debts +€1,498
new in 2024: €1,498
- Gross operating margin -€11,753
down €11,753 (-287.7%), from -€4,086 to -€15,839
- Financial charges +€276
new in 2024: €276
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 | €45,105 | €37,882 | -€7,223 | -16.0% |
| Fixed assets | 21/28 | €740 | - | -€740 | |
| Intangible fixed assets | 21 | €740 | - | -€740 | |
| Current assets | 29/58 | €44,365 | €37,882 | -€6,483 | -14.6% |
| Amounts receivable within one year | 40/41 | €5,606 | €216 | -€5,390 | -96.1% |
| Trade receivables | 40 | €4,173 | - | -€4,173 | |
| Other amounts receivable | 41 | €1,433 | €216 | -€1,217 | -84.9% |
| Cash at bank and in hand | 54/58 | €38,758 | €37,665 | -€1,093 | -2.8% |
| Total equity and liabilities | 10/49 | €45,105 | €37,882 | -€7,223 | -16.0% |
| Equity | 10/15 | -€25,088 | -€42,183 | -€17,095 | -68.1% |
| Contributions | 10/11 | €20,285 | €20,285 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,373 | -€62,468 | -€17,095 | -37.7% |
| Amounts payable | 17/49 | €70,193 | €80,065 | +€9,872 | +14.1% |
| Amounts payable within one year | 42/48 | €70,193 | €80,065 | +€9,872 | +14.1% |
| Trade debts | 44 | €22,084 | - | -€22,084 | |
| Suppliers | 440/4 | €22,084 | - | -€22,084 | |
| Taxes, remuneration and social security | 45 | - | €1,498 | +€1,498 | |
| Taxes | 450/3 | - | €1,498 | +€1,498 | |
| Other amounts payable | 47/48 | €48,109 | €78,567 | +€30,458 | +63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €740 | -€93 | -11.2% |
| Other operating charges | 640/8 | €384 | €240 | -€144 | -37.5% |
| Gross operating margin | 9900 | -€4,086 | -€15,839 | -€11,753 | -287.7% |
| Operating profit (loss) | 9901 | -€5,304 | -€16,819 | -€11,516 | -217.1% |
| Financial charges | 65/66B | - | €276 | +€276 | |
| Recurring financial charges | 65 | - | €276 | +€276 | |
| Profit (loss) for the period before taxes | 9903 | -€5,304 | -€17,095 | -€11,791 | -222.3% |
| Profit (loss) for the period | 9904 | -€5,304 | -€17,095 | -€11,791 | -222.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,304 | -€17,095 | -€11,791 | -222.3% |
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.