SmartConcepts: 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.
SmartConcepts
Largest movements
- Cash +€48,482
up €48,482 (+81.2%), from €59,676 to €108,158
mainly Net result for the year (+€60,587) and Other debts (+€58,228)
- Tangible fixed assets +€3,087
up €3,087 (+143.4%), from €2,153 to €5,241
of which Other tangible fixed assets: +€3,529
- Deferred charges and accrued income +€2,035
up €2,035 (+179.1%), from €1,136 to €3,171
- Other debts +€58,228
up €58,228 (+9772.4%), from €596 to €58,824
- Tax, wage and social debts -€7,798
down €7,798 (-45.3%), from €17,196 to €9,398
- Profit (loss) carried forward +€1,763
up €1,763 (+2.5%), from €69,229 to €70,992
- Gross operating margin +€61,343
up €61,343 (+330.9%), from €18,536 to €79,879
- Taxes +€11,850
up €11,850 (+275.9%), from €4,295 to €16,145
- Financial charges +€976
up €976 (+74.3%), from €1,314 to €2,290
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 | €87,625 | €140,339 | +€52,714 | +60.2% |
| Fixed assets | 21/28 | €2,153 | €5,241 | +€3,087 | +143.4% |
| Tangible fixed assets | 22/27 | €2,153 | €5,241 | +€3,087 | +143.4% |
| Furniture and vehicles | 24 | €2,153 | €1,711 | -€442 | -20.5% |
| Other tangible fixed assets | 26 | - | €3,529 | +€3,529 | |
| Current assets | 29/58 | €85,472 | €135,098 | +€49,627 | +58.1% |
| Amounts receivable within one year | 40/41 | €24,659 | €23,768 | -€891 | -3.6% |
| Trade receivables | 40 | €24,659 | €22,869 | -€1,790 | -7.3% |
| Other amounts receivable | 41 | - | €899 | +€899 | |
| Cash at bank and in hand | 54/58 | €59,676 | €108,158 | +€48,482 | +81.2% |
| Deferred charges and accrued income | 490/1 | €1,136 | €3,171 | +€2,035 | +179.1% |
| Total equity and liabilities | 10/49 | €87,625 | €140,339 | +€52,714 | +60.2% |
| Equity | 10/15 | €69,329 | €71,092 | +€1,763 | +2.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,229 | €70,992 | +€1,763 | +2.5% |
| Amounts payable | 17/49 | €18,296 | €69,247 | +€50,951 | +278.5% |
| Amounts payable within one year | 42/48 | €18,296 | €69,247 | +€50,951 | +278.5% |
| Trade debts | 44 | €505 | €1,025 | +€521 | +103.2% |
| Suppliers | 440/4 | €505 | €1,025 | +€521 | +103.2% |
| Taxes, remuneration and social security | 45 | €17,196 | €9,398 | -€7,798 | -45.3% |
| Taxes | 450/3 | €17,196 | €9,398 | -€7,798 | -45.3% |
| Other amounts payable | 47/48 | €596 | €58,824 | +€58,228 | +9772.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53 | €513 | +€460 | +864.8% |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €18,536 | €79,879 | +€61,343 | +330.9% |
| Operating profit (loss) | 9901 | €18,483 | €78,979 | +€60,497 | +327.3% |
| Financial income | 75/76B | €0 | €43 | +€42 | +12414.7% |
| Recurring financial income | 75 | €0 | €43 | +€42 | +12414.7% |
| Financial charges | 65/66B | €1,314 | €2,290 | +€976 | +74.3% |
| Recurring financial charges | 65 | €1,314 | €2,290 | +€976 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | €17,169 | €76,732 | +€59,563 | +346.9% |
| Income taxes | 67/77 | €4,295 | €16,145 | +€11,850 | +275.9% |
| Profit (loss) for the period | 9904 | €12,874 | €60,587 | +€47,713 | +370.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,874 | €60,587 | +€47,713 | +370.6% |
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 28 September 2026 via checked.be.