SMART WVL: 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 WVL
Largest movements
- Receivables within one year -€73,112
down €73,112 (-34.6%), from €211,155 to €138,043
of which Other amounts receivable: -€40,463
- Trade debts -€106,433
down €106,433 (-66.4%), from €160,400 to €53,967
- Profit (loss) carried forward +€22,729
up €22,729 (+199%), from €11,425 to €34,154
- Tax, wage and social debts +€9,913
up €9,913, from €0 to €9,913
- Gross operating margin +€28,491
up €28,491 (+1,398%), from €2,037 to €30,528
- Other operating charges +€6,797
up €6,797 (+67,972%), from €10 to €6,807
- Taxes +€5,789
new in 2024: €5,789
- Financial income +€1,542
up €1,542 (+26.1%), from €5,917 to €7,459
- Financial charges +€1,484
up €1,484 (+126%), from €1,178 to €2,662
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.
Derived cash bridge
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 | €222,285 | €148,494 | -€73,791 | -33.2% |
| Current assets | 29/58 | €222,285 | €148,494 | -€73,791 | -33.2% |
| Amounts receivable within one year | 40/41 | €211,155 | €138,043 | -€73,112 | -34.6% |
| Trade receivables | 40 | €74,472 | €41,823 | -€32,649 | -43.8% |
| Other amounts receivable | 41 | €136,683 | €96,220 | -€40,463 | -29.6% |
| Cash at bank and in hand | 54/58 | €5,069 | €2,993 | -€2,077 | -41.0% |
| Deferred charges and accrued income | 490/1 | €6,060 | €7,459 | +€1,398 | +23.1% |
| Total equity and liabilities | 10/49 | €222,285 | €148,494 | -€73,791 | -33.2% |
| Equity | 10/15 | €31,885 | €54,614 | +€22,729 | +71.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| 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 | €11,425 | €34,154 | +€22,729 | +199% |
| Amounts payable | 17/49 | €190,400 | €93,880 | -€96,519 | -50.7% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €160,400 | €63,880 | -€96,519 | -60.2% |
| Trade debts | 44 | €160,400 | €53,967 | -€106,433 | -66.4% |
| Suppliers | 440/4 | €160,400 | €53,967 | -€106,433 | -66.4% |
| Taxes, remuneration and social security | 45 | €0 | €9,913 | +€9,913 | |
| Taxes | 450/3 | €0 | €9,913 | +€9,913 | |
| Other operating charges | 640/8 | €10 | €6,807 | +€6,797 | +67,972% |
| Gross operating margin | 9900 | €2,037 | €30,528 | +€28,491 | +1,398% |
| Operating profit (loss) | 9901 | €2,027 | €23,721 | +€21,694 | +1,070% |
| Financial income | 75/76B | €5,917 | €7,459 | +€1,542 | +26.1% |
| Recurring financial income | 75 | €5,917 | €7,459 | +€1,542 | +26.1% |
| Financial charges | 65/66B | €1,178 | €2,662 | +€1,484 | +126% |
| Recurring financial charges | 65 | €1,178 | €2,662 | +€1,484 | +126% |
| Profit (loss) for the period before taxes | 9903 | €6,766 | €28,518 | +€21,752 | +321% |
| Income taxes | 67/77 | - | €5,789 | +€5,789 | |
| Profit (loss) for the period | 9904 | €6,766 | €22,729 | +€15,962 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €6,766 | €22,729 | +€15,962 | +236% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.