SMART4ME: 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.
SMART4ME
Largest movements
- Intangible fixed assets +€21,473
new in 2024: €21,473
- Tangible fixed assets +€5,626
new in 2024: €5,626
of which Other tangible fixed assets: +€3,170
- Stocks and contracts +€3,577
new in 2024: €3,577
- Cash +€3,439
up €3,439 (+67.7%), from €5,083 to €8,523
mainly Trade debts (+€17,920) and Net result for the year (+€14,719)
- Receivables within one year +€3,247
up €3,247 (+24.0%), from €13,510 to €16,757
of which Trade receivables: +€3,233
- Trade debts +€17,920
up €17,920 (+688.3%), from €2,603 to €20,523
- Reserves +€17,000
new in 2024: €17,000
- Other debts +€7,753
up €7,753 (+1542.0%), from €503 to €8,256
- Profit (loss) carried forward -€4,281
down €4,281 (-90.6%), from €4,726 to €446
- Gross operating margin +€24,333
up €24,333 (+306.6%), from €7,936 to €32,269
- Staff costs +€10,764
new in 2024: €10,764
- Taxes +€2,337
up €2,337 (+120.5%), from €1,939 to €4,276
- Financial charges +€660
up €660 (+1320.8%), from €50 to €710
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 | €20,743 | €59,172 | +€38,429 | +185.3% |
| Fixed assets | 21/28 | €2,150 | €30,135 | +€27,985 | +1301.6% |
| Intangible fixed assets | 21 | - | €21,473 | +€21,473 | |
| Tangible fixed assets | 22/27 | - | €5,626 | +€5,626 | |
| Furniture and vehicles | 24 | - | €2,456 | +€2,456 | |
| Other tangible fixed assets | 26 | - | €3,170 | +€3,170 | |
| Financial fixed assets | 28 | €2,150 | €3,035 | +€885 | +41.2% |
| Current assets | 29/58 | €18,593 | €29,037 | +€10,444 | +56.2% |
| Stocks and contracts in progress | 3 | - | €3,577 | +€3,577 | |
| Stocks | 30/36 | - | €3,577 | +€3,577 | |
| Amounts receivable within one year | 40/41 | €13,510 | €16,757 | +€3,247 | +24.0% |
| Trade receivables | 40 | €13,510 | €16,743 | +€3,233 | +23.9% |
| Other amounts receivable | 41 | - | €14 | +€14 | |
| Cash at bank and in hand | 54/58 | €5,083 | €8,523 | +€3,439 | +67.7% |
| Deferred charges and accrued income | 490/1 | - | €181 | +€181 | |
| Total equity and liabilities | 10/49 | €20,743 | €59,172 | +€38,429 | +185.3% |
| Equity | 10/15 | €9,726 | €22,446 | +€12,719 | +130.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €17,000 | +€17,000 | |
| Distributable reserves | 133 | - | €17,000 | +€17,000 | |
| Profit (loss) carried forward | 14 | €4,726 | €446 | -€4,281 | -90.6% |
| Amounts payable | 17/49 | €11,017 | €36,727 | +€25,710 | +233.4% |
| Amounts payable within one year | 42/48 | €11,017 | €36,727 | +€25,710 | +233.4% |
| Trade debts | 44 | €2,603 | €20,523 | +€17,920 | +688.3% |
| Suppliers | 440/4 | €2,603 | €20,523 | +€17,920 | +688.3% |
| Taxes, remuneration and social security | 45 | €7,911 | €7,948 | +€37 | +0.5% |
| Taxes | 450/3 | €7,911 | €5,911 | -€2,000 | -25.3% |
| Remuneration and social security | 454/9 | - | €2,037 | +€2,037 | |
| Other amounts payable | 47/48 | €503 | €8,256 | +€7,753 | +1542.0% |
| Remuneration, social security and pensions | 62 | - | €10,764 | +€10,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,221 | €1,400 | +€179 | +14.7% |
| Non-recurring operating charges | 66A | - | €409 | +€409 | |
| Gross operating margin | 9900 | €7,936 | €32,269 | +€24,333 | +306.6% |
| Operating profit (loss) | 9901 | €6,715 | €19,696 | +€12,980 | +193.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €50 | €710 | +€660 | +1320.8% |
| Recurring financial charges | 65 | €50 | €710 | +€660 | +1320.8% |
| Profit (loss) for the period before taxes | 9903 | €6,665 | €18,995 | +€12,330 | +185.0% |
| Income taxes | 67/77 | €1,939 | €4,276 | +€2,337 | +120.5% |
| Profit (loss) for the period | 9904 | €4,726 | €14,719 | +€9,993 | +211.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,726 | €14,719 | +€9,993 | +211.4% |
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 11 October 2026 via checked.be.