SMETS RAYMOND: 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.
SMETS RAYMOND
Largest movements
- Receivables within one year -€240
no longer reported in 2024 (was €240)
- Cash +€198
up €198 (+134%), from €148 to €346
mainly Receivables within one year (+€240) and Other debts (+€60)
- Profit (loss) carried forward -€102
down €102 (-0.1%), from -€178,856 to -€178,958
- Other debts +€60
up €60 (0.0%), from €172,709 to €172,769
- Other operating charges -€384
down €384 (-83.7%), from €459 to €75
- Gross operating margin +€359
no longer reported in 2024 (was -€359)
- Financial charges -€32
down €32 (-53.8%), from €59 to €27
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 | €388 | €346 | -€42 | -10.8% |
| Current assets | 29/58 | €388 | €346 | -€42 | -10.8% |
| Amounts receivable within one year | 40/41 | €240 | - | -€240 | |
| Other amounts receivable | 41 | €240 | - | -€240 | |
| Cash at bank and in hand | 54/58 | €148 | €346 | +€198 | +134% |
| Total equity and liabilities | 10/49 | €388 | €346 | -€42 | -10.8% |
| Equity | 10/15 | -€172,322 | -€172,424 | -€102 | -0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €334 | €334 | = | 0.0% |
| Non-distributable reserves | 130/1 | €334 | €334 | = | 0.0% |
| Reserves not available under the articles | 1311 | €334 | €334 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€178,856 | -€178,958 | -€102 | -0.1% |
| Amounts payable | 17/49 | €172,709 | €172,769 | +€60 | 0.0% |
| Amounts payable within one year | 42/48 | €172,709 | €172,769 | +€60 | 0.0% |
| Other amounts payable | 47/48 | €172,709 | €172,769 | +€60 | 0.0% |
| Other operating charges | 640/8 | €459 | €75 | -€384 | -83.7% |
| Gross operating margin | 9900 | -€359 | - | +€359 | |
| Operating profit (loss) | 9901 | -€818 | -€75 | +€743 | +90.8% |
| Financial charges | 65/66B | €59 | €27 | -€32 | -53.8% |
| Recurring financial charges | 65 | €59 | €27 | -€32 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | -€877 | -€102 | +€775 | +88.4% |
| Profit (loss) for the period | 9904 | -€877 | -€102 | +€775 | +88.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€877 | -€102 | +€775 | +88.4% |
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 13 October 2026 via checked.be.