SMKS: 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.
SMKS
Largest movements
- Tangible fixed assets -€1,607
down €1,607 (-9.5%), from €16,830 to €15,223
- Receivables within one year -€1,337
down €1,337 (-33.1%), from €4,044 to €2,707
of which Other amounts receivable: -€3,166
- Cash -€823
down €823 (-13.3%), from €6,174 to €5,351
mainly Net result for the year (-€20,696) and Investment in fixed assets (net) (-€5,669)
- Profit (loss) carried forward -€20,696
down €20,696 (-109.7%), from -€18,868 to -€39,564
- Trade debts +€11,182
up €11,182 (+137.6%), from €8,125 to €19,307
- Other debts +€4,197
up €4,197 (+11.7%), from €35,980 to €40,177
- Tax, wage and social debts +€1,461
up €1,461 (+9131.3%), from €16 to €1,477
of which Remuneration and social security: +€1,454
- Staff costs +€6,518
up €6,518 (+216.1%), from €3,016 to €9,534
- Other operating charges -€1,514
down €1,514 (-91.8%), from €1,649 to €135
- Gross operating margin -€947
down €947 (-54.1%), from -€1,752 to -€2,699
- Financial charges +€532
up €532 (+102.3%), from €520 to €1,052
- Depreciation +€290
up €290 (+4.2%), from €6,986 to €7,276
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 | €30,253 | €26,397 | -€3,856 | -12.7% |
| Fixed assets | 21/28 | €17,213 | €15,606 | -€1,607 | -9.3% |
| Tangible fixed assets | 22/27 | €16,830 | €15,223 | -€1,607 | -9.5% |
| Furniture and vehicles | 24 | €16,830 | €15,223 | -€1,607 | -9.5% |
| Financial fixed assets | 28 | €383 | €383 | = | 0.0% |
| Current assets | 29/58 | €13,040 | €10,791 | -€2,249 | -17.2% |
| Stocks and contracts in progress | 3 | €2,624 | €2,624 | = | 0.0% |
| Stocks | 30/36 | €2,624 | €2,624 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,044 | €2,707 | -€1,337 | -33.1% |
| Trade receivables | 40 | €755 | €2,584 | +€1,829 | +242.3% |
| Other amounts receivable | 41 | €3,289 | €123 | -€3,166 | -96.3% |
| Cash at bank and in hand | 54/58 | €6,174 | €5,351 | -€823 | -13.3% |
| Deferred charges and accrued income | 490/1 | €198 | €109 | -€89 | -44.9% |
| Total equity and liabilities | 10/49 | €30,253 | €26,397 | -€3,856 | -12.7% |
| Equity | 10/15 | -€13,868 | -€34,564 | -€20,696 | -149.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,868 | -€39,564 | -€20,696 | -109.7% |
| Amounts payable | 17/49 | €44,121 | €60,961 | +€16,840 | +38.2% |
| Amounts payable within one year | 42/48 | €44,121 | €60,961 | +€16,840 | +38.2% |
| Trade debts | 44 | €8,125 | €19,307 | +€11,182 | +137.6% |
| Suppliers | 440/4 | €8,125 | €19,307 | +€11,182 | +137.6% |
| Taxes, remuneration and social security | 45 | €16 | €1,477 | +€1,461 | +9131.3% |
| Taxes | 450/3 | €6 | €13 | +€7 | +116.7% |
| Remuneration and social security | 454/9 | €10 | €1,464 | +€1,454 | +14540.0% |
| Other amounts payable | 47/48 | €35,980 | €40,177 | +€4,197 | +11.7% |
| Remuneration, social security and pensions | 62 | €3,016 | €9,534 | +€6,518 | +216.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,986 | €7,276 | +€290 | +4.2% |
| Other operating charges | 640/8 | €1,649 | €135 | -€1,514 | -91.8% |
| Gross operating margin | 9900 | -€1,752 | -€2,699 | -€947 | -54.1% |
| Operating profit (loss) | 9901 | -€13,403 | -€19,644 | -€6,241 | -46.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €520 | €1,052 | +€532 | +102.3% |
| Recurring financial charges | 65 | €520 | €1,052 | +€532 | +102.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,920 | -€20,696 | -€6,776 | -48.7% |
| Profit (loss) for the period | 9904 | -€13,920 | -€20,696 | -€6,776 | -48.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,920 | -€20,696 | -€6,776 | -48.7% |
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 4 October 2026 via checked.be.