SMCARE: 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.
SMCARE
Largest movements
- Tangible fixed assets +€40,851
new in 2024: €40,851
- Deferred charges and accrued income +€30,032
up €30,032 (+894%), from €3,360 to €33,392
- Receivables within one year +€26,190
new in 2024: €26,190
- Cash +€4,983
up €4,983 (+307%), from €1,625 to €6,608
mainly Net result for the year (+€49,826) and Debts after one year (+€32,844)
- Profit (loss) carried forward +€49,826
up €49,826, from -€1,145 to €48,681
- Debts after one year +€32,844
new in 2024: €32,844
- Tax, wage and social debts +€13,600
new in 2024: €13,600
- Current portion of long-term debt +€9,100
new in 2024: €9,100
- Other debts -€1,622
no longer reported in 2024 (was €1,622)
- Gross operating margin +€70,160
up €70,160 (+4,645%), from €1,510 to €71,670
- Taxes +€12,700
new in 2024: €12,700
- Depreciation +€4,378
up €4,378 (+168%), from €2,601 to €6,978
- Financial charges +€1,205
up €1,205 (+2,191%), from €55 to €1,260
- Other operating charges +€905
new in 2024: €905
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 | €4,985 | €107,040 | +€102,055 | +2,047% |
| Fixed assets | 21/28 | - | €40,851 | +€40,851 | |
| Tangible fixed assets | 22/27 | - | €40,851 | +€40,851 | |
| Furniture and vehicles | 24 | - | €40,851 | +€40,851 | |
| Current assets | 29/58 | €4,985 | €66,190 | +€61,205 | +1,228% |
| Amounts receivable within one year | 40/41 | - | €26,190 | +€26,190 | |
| Other amounts receivable | 41 | - | €26,190 | +€26,190 | |
| Cash at bank and in hand | 54/58 | €1,625 | €6,608 | +€4,983 | +307% |
| Deferred charges and accrued income | 490/1 | €3,360 | €33,392 | +€30,032 | +894% |
| Total equity and liabilities | 10/49 | €4,985 | €107,040 | +€102,055 | +2,047% |
| Equity | 10/15 | -€145 | €49,681 | +€49,826 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,145 | €48,681 | +€49,826 | |
| Amounts payable | 17/49 | €5,130 | €57,359 | +€52,229 | +1,018% |
| Amounts payable after more than one year | 17 | - | €32,844 | +€32,844 | |
| Financial debts | 170/4 | - | €32,844 | +€32,844 | |
| Amounts payable within one year | 42/48 | €4,223 | €24,515 | +€20,293 | +481% |
| Current portion of amounts payable after more than one year | 42 | - | €9,100 | +€9,100 | |
| Trade debts | 44 | €2,601 | €1,815 | -€786 | -30.2% |
| Suppliers | 440/4 | €2,601 | €1,815 | -€786 | -30.2% |
| Taxes, remuneration and social security | 45 | - | €13,600 | +€13,600 | |
| Taxes | 450/3 | - | €13,600 | +€13,600 | |
| Other amounts payable | 47/48 | €1,622 | - | -€1,622 | |
| Accrued charges and deferred income | 492/3 | €908 | - | -€908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,601 | €6,978 | +€4,378 | +168% |
| Other operating charges | 640/8 | - | €905 | +€905 | |
| Gross operating margin | 9900 | €1,510 | €71,670 | +€70,160 | +4,645% |
| Operating profit (loss) | 9901 | -€1,090 | €63,787 | +€64,877 | |
| Financial charges | 65/66B | €55 | €1,260 | +€1,205 | +2,191% |
| Recurring financial charges | 65 | €55 | €1,260 | +€1,205 | +2,191% |
| Profit (loss) for the period before taxes | 9903 | -€1,145 | €62,527 | +€63,672 | |
| Income taxes | 67/77 | - | €12,700 | +€12,700 | |
| Profit (loss) for the period | 9904 | -€1,145 | €49,826 | +€50,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,145 | €49,826 | +€50,972 |
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 15 October 2026 via checked.be.