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SMARTBERRIES: 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.

What changed

SMARTBERRIES

BE 0869.699.525
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€100,851
2023 · €67,105+€33,746
Equity
€266,203
2023 · €165,351+€100,851
Cash
€284,245
2023 · €287,676-€3,431
Balance sheet total
€461,380
2023 · €487,528-€26,148

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€20,419

    down €20,419 (-24.1%), from €84,647 to €64,227

Equity and liabilities
  • Other debts -€119,110

    down €119,110 (-91.7%), from €129,892 to €10,781

  • Reserves +€100,000

    up €100,000 (+625.0%), from €16,000 to €116,000

    of which Distributable reserves: +€100,000

  • Tax, wage and social debts +€29,295

    up €29,295 (+137.9%), from €21,248 to €50,543

    of which Taxes: +€18,689

  • Debts after one year -€23,478

    down €23,478 (-38.4%), from €61,141 to €37,662

  • Current portion of long-term debt -€8,938

    down €8,938 (-15.6%), from €57,416 to €48,478

Income statement
  • Financial charges -€90,433

    down €90,433 (-90.3%), from €100,176 to €9,743

  • Taxes +€25,300

    up €25,300 (+120.7%), from €20,959 to €46,259

  • Gross operating margin -€21,388

    down €21,388 (-10.6%), from €202,596 to €181,208

  • Depreciation +€13,304

    up €13,304 (+133.7%), from €9,948 to €23,252

  • Other operating charges -€3,310

    down €3,310 (-74.9%), from €4,418 to €1,108

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €67,105
Gross operating margin -€21,388
Depreciation -€13,304
Other operating charges +€3,310
Financial income -€4
Financial charges +€90,433
Taxes -€25,300
Result 2024 €100,851

Cash bridge derived

cash 2023 to 2024

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.

From operations +€31,819
Investment -€2,833
Financing -€32,416
Cash 2023 €287,676
Net result for the year +€100,851
Depreciation +€23,252
Receivables within one year +€2,298
Trade debts -€4,768
Tax, wage and social debts +€29,295
Other debts -€119,110
Investment in fixed assets (net) -€2,833
Debts after one year -€23,478
Current portion of long-term debt -€8,938
Cash 2024 €284,245
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €487,528 €461,380 -€26,148 -5.4%
Fixed assets 21/28 €84,647 €64,227 -€20,419 -24.1%
Tangible fixed assets 22/27 €84,647 €64,227 -€20,419 -24.1%
Furniture and vehicles 24 €84,647 €64,227 -€20,419 -24.1%
Current assets 29/58 €402,881 €397,153 -€5,729 -1.4%
Amounts receivable within one year 40/41 €115,205 €112,907 -€2,298 -2.0%
Trade receivables 40 €96,390 €94,091 -€2,298 -2.4%
Other amounts receivable 41 €18,816 €18,816 = 0.0%
Cash at bank and in hand 54/58 €287,676 €284,245 -€3,431 -1.2%
Total equity and liabilities 10/49 €487,528 €461,380 -€26,148 -5.4%
Equity 10/15 €165,351 €266,203 +€100,851 +61.0%
Contributions 10/11 €20,600 €20,600 = 0.0%
Reserves 13 €16,000 €116,000 +€100,000 +625.0%
Tax-exempt reserves 132 €1,000 €1,000 = 0.0%
Distributable reserves 133 €15,000 €115,000 +€100,000 +666.7%
Profit (loss) carried forward 14 €128,751 €129,603 +€851 +0.7%
Provisions and deferred taxes 16 €15,000 €15,000 = 0.0%
Provisions for liabilities and charges 160/5 €15,000 €15,000 = 0.0%
Pensions and similar obligations 160 €15,000 €15,000 = 0.0%
Amounts payable 17/49 €307,177 €180,177 -€127,000 -41.3%
Amounts payable after more than one year 17 €61,141 €37,662 -€23,478 -38.4%
Financial debts 170/4 €61,141 €37,662 -€23,478 -38.4%
Amounts payable within one year 42/48 €246,036 €142,515 -€103,521 -42.1%
Current portion of amounts payable after more than one year 42 €57,416 €48,478 -€8,938 -15.6%
Trade debts 44 €37,480 €32,712 -€4,768 -12.7%
Suppliers 440/4 €37,480 €32,712 -€4,768 -12.7%
Taxes, remuneration and social security 45 €21,248 €50,543 +€29,295 +137.9%
Taxes 450/3 €20,837 €39,526 +€18,689 +89.7%
Remuneration and social security 454/9 €411 €11,018 +€10,606 +2579.4%
Other amounts payable 47/48 €129,892 €10,781 -€119,110 -91.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,948 €23,252 +€13,304 +133.7%
Other operating charges 640/8 €4,418 €1,108 -€3,310 -74.9%
Gross operating margin 9900 €202,596 €181,208 -€21,388 -10.6%
Operating profit (loss) 9901 €188,230 €156,847 -€31,382 -16.7%
Financial income 75/76B €10 €6 -€4 -39.8%
Recurring financial income 75 €10 €6 -€4 -39.8%
Financial charges 65/66B €100,176 €9,743 -€90,433 -90.3%
Recurring financial charges 65 €100,176 €9,743 -€90,433 -90.3%
Profit (loss) for the period before taxes 9903 €88,064 €147,110 +€59,046 +67.0%
Income taxes 67/77 €20,959 €46,259 +€25,300 +120.7%
Profit (loss) for the period 9904 €67,105 €100,851 +€33,746 +50.3%
Profit (loss) for the period to be appropriated 9905 €67,105 €100,851 +€33,746 +50.3%

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.