SMIT & GOLL CREATIONS: 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.
SMIT & GOLL CREATIONS
Largest movements
- Receivables within one year +€10,529
up €10,529 (+29.8%), from €35,354 to €45,884
of which Other amounts receivable: +€7,075
- Deferred charges and accrued income +€1,392
up €1,392 (+1,419%), from €98 to €1,490
- Profit (loss) carried forward +€7,272
up €7,272, from -€7,272 to €0
- Tax, wage and social debts +€4,910
up €4,910 (+321%), from €1,529 to €6,440
- Trade debts -€2,673
down €2,673 (-10.4%), from €25,705 to €23,032
- Reserves +€1,800
new in 2022: €1,800
- Gross operating margin -€8,600
down €8,600 (-33.9%), from €25,340 to €16,740
- Taxes +€3,399
new in 2022: €3,399
- Financial charges +€3,026
up €3,026 (+194%), from €1,564 to €4,589
of which Financial charges: +€1,941
- Financial income +€1,357
up €1,357 (+917%), from €148 to €1,505
- Other operating charges +€320
up €320 (+51.3%), from €624 to €943
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,159 | €47,817 | +€11,658 | +32.2% |
| Fixed assets | 21/28 | €706 | €442 | -€264 | -37.4% |
| Tangible fixed assets | 22/27 | €706 | €442 | -€264 | -37.4% |
| Furniture and vehicles | 24 | €706 | €442 | -€264 | -37.4% |
| Current assets | 29/58 | €35,453 | €47,375 | +€11,922 | +33.6% |
| Amounts receivable within one year | 40/41 | €35,354 | €45,884 | +€10,529 | +29.8% |
| Trade receivables | 40 | €15,200 | €18,655 | +€3,455 | +22.7% |
| Other amounts receivable | 41 | €20,154 | €27,229 | +€7,075 | +35.1% |
| Cash at bank and in hand | 54/58 | €1 | €2 | +€2 | +285% |
| Deferred charges and accrued income | 490/1 | €98 | €1,490 | +€1,392 | +1,419% |
| Total equity and liabilities | 10/49 | €36,159 | €47,817 | +€11,658 | +32.2% |
| Equity | 10/15 | €1,428 | €10,500 | +€9,072 | +636% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | - | €1,800 | +€1,800 | |
| Distributable reserves | 133 | - | €1,800 | +€1,800 | |
| Profit (loss) carried forward | 14 | -€7,272 | €0 | +€7,272 | |
| Amounts payable | 17/49 | €34,731 | €37,317 | +€2,586 | +7.4% |
| Amounts payable within one year | 42/48 | €34,731 | €36,967 | +€2,236 | +6.4% |
| Financial debts | 43 | €7,498 | €7,496 | -€2 | 0.0% |
| Credit institutions | 430/8 | €7,498 | €7,496 | -€2 | 0.0% |
| Trade debts | 44 | €25,705 | €23,032 | -€2,673 | -10.4% |
| Suppliers | 440/4 | €25,705 | €23,032 | -€2,673 | -10.4% |
| Taxes, remuneration and social security | 45 | €1,529 | €6,440 | +€4,910 | +321% |
| Taxes | 450/3 | €1,529 | €6,440 | +€4,910 | +321% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42 | €242 | +€200 | +482% |
| Other operating charges | 640/8 | €624 | €943 | +€320 | +51.3% |
| Gross operating margin | 9900 | €25,340 | €16,740 | -€8,600 | -33.9% |
| Operating profit (loss) | 9901 | €24,674 | €15,555 | -€9,119 | -37.0% |
| Financial income | 75/76B | €148 | €1,505 | +€1,357 | +917% |
| Recurring financial income | 75 | €148 | €1,505 | +€1,357 | +917% |
| Financial charges | 65/66B | €1,564 | €4,589 | +€3,026 | +194% |
| Recurring financial charges | 65 | €1,564 | €3,505 | +€1,941 | +124% |
| Non-recurring financial charges | 66B | - | €1,085 | +€1,085 | |
| Profit (loss) for the period before taxes | 9903 | €23,259 | €12,471 | -€10,788 | -46.4% |
| Income taxes | 67/77 | - | €3,399 | +€3,399 | |
| Profit (loss) for the period | 9904 | €23,259 | €9,072 | -€14,187 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,259 | €9,072 | -€14,187 | -61.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.