SMARTWAY SOLUTIONS: 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.
SMARTWAY SOLUTIONS
Largest movements
- Tangible fixed assets +€15,268
up €15,268 (+125%), from €12,237 to €27,506
- Receivables within one year +€2,505
up €2,505 (+171%), from €1,462 to €3,967
- Other debts +€16,082
up €16,082 (+123%), from €13,058 to €29,139
- Profit (loss) carried forward +€7,984
up €7,984 (+69.5%), from -€11,492 to -€3,508
- Current portion of long-term debt -€6,536
no longer reported in 2023 (was €6,536)
- Trade debts +€571
up €571 (+52.5%), from €1,086 to €1,657
- Gross operating margin +€43,733
up €43,733 (+613%), from €7,139 to €50,872
- Staff costs +€32,396
new in 2023: €32,396
- Depreciation +€1,057
up €1,057 (+13.4%), from €7,910 to €8,968
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,688 | €33,788 | +€18,100 | +115% |
| Fixed assets | 21/28 | €12,237 | €27,506 | +€15,268 | +125% |
| Tangible fixed assets | 22/27 | €12,237 | €27,506 | +€15,268 | +125% |
| Furniture and vehicles | 24 | €12,237 | €27,506 | +€15,268 | +125% |
| Current assets | 29/58 | €3,450 | €6,283 | +€2,832 | +82.1% |
| Amounts receivable within one year | 40/41 | €1,462 | €3,967 | +€2,505 | +171% |
| Other amounts receivable | 41 | €1,462 | €3,967 | +€2,505 | +171% |
| Cash at bank and in hand | 54/58 | €1,988 | €2,315 | +€327 | +16.5% |
| Total equity and liabilities | 10/49 | €15,688 | €33,788 | +€18,100 | +115% |
| Equity | 10/15 | -€5,292 | €2,692 | +€7,984 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,492 | -€3,508 | +€7,984 | +69.5% |
| Amounts payable | 17/49 | €20,980 | €31,096 | +€10,116 | +48.2% |
| Amounts payable within one year | 42/48 | €20,880 | €30,996 | +€10,116 | +48.5% |
| Current portion of amounts payable after more than one year | 42 | €6,536 | - | -€6,536 | |
| Trade debts | 44 | €1,086 | €1,657 | +€571 | +52.5% |
| Suppliers | 440/4 | €1,086 | €1,657 | +€571 | +52.5% |
| Taxes, remuneration and social security | 45 | €200 | €200 | = | 0.0% |
| Taxes | 450/3 | €200 | €200 | = | 0.0% |
| Other amounts payable | 47/48 | €13,058 | €29,139 | +€16,082 | +123% |
| Accrued charges and deferred income | 492/3 | €100 | €100 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €32,396 | +€32,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,910 | €8,968 | +€1,057 | +13.4% |
| Other operating charges | 640/8 | €1,465 | €1,525 | +€60 | +4.1% |
| Gross operating margin | 9900 | €7,139 | €50,872 | +€43,733 | +613% |
| Operating profit (loss) | 9901 | -€2,236 | €7,984 | +€10,220 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | -€2,236 | €7,984 | +€10,220 | |
| Profit (loss) for the period | 9904 | -€2,236 | €7,984 | +€10,220 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,236 | €7,984 | +€10,220 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.