SMOLINFO: 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.
SMOLINFO
Largest movements
- Intangible fixed assets -€31,218
down €31,218 (-78.0%), from €40,037 to €8,819
- Cash -€30,218
down €30,218 (-89.6%), from €33,738 to €3,520
mainly Tax, wage and social debts (-€35,798) and Net result for the year (-€25,505)
- Receivables within one year -€18,459
down €18,459 (-59.6%), from €30,997 to €12,538
of which Trade receivables: -€18,244
- Tangible fixed assets +€3,463
up €3,463 (+559%), from €620 to €4,083
of which Furniture and vehicles: +€3,690
- Other debts +€38,289
new in 2024: €38,289
- Tax, wage and social debts -€35,798
no longer reported in 2024 (was €35,798)
of which Remuneration and social security: -€20,654
- Profit (loss) carried forward -€25,505
down €25,505 (-57.3%), from -€44,480 to -€69,985
- Debts after one year -€24,105
no longer reported in 2024 (was €24,105)
- Trade debts -€18,187
down €18,187 (-98.1%), from €18,543 to €356
- Gross operating margin -€130,208
down €130,208 (-72.8%), from €178,824 to €48,615
- Staff costs -€97,610
down €97,610 (-71.5%), from €136,467 to €38,857
- Depreciation -€21,282
down €21,282 (-39.9%), from €53,302 to €32,020
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 | €105,503 | €29,010 | -€76,493 | -72.5% |
| Fixed assets | 21/28 | €40,706 | €12,952 | -€27,754 | -68.2% |
| Intangible fixed assets | 21 | €40,037 | €8,819 | -€31,218 | -78.0% |
| Tangible fixed assets | 22/27 | €620 | €4,083 | +€3,463 | +559% |
| Plant, machinery and equipment | 23 | €620 | €392 | -€227 | -36.7% |
| Furniture and vehicles | 24 | €0 | €3,690 | +€3,690 | +36,904,300% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €64,797 | €16,058 | -€48,739 | -75.2% |
| Amounts receivable within one year | 40/41 | €30,997 | €12,538 | -€18,459 | -59.6% |
| Trade receivables | 40 | €26,866 | €8,621 | -€18,244 | -67.9% |
| Other amounts receivable | 41 | €4,131 | €3,916 | -€215 | -5.2% |
| Cash at bank and in hand | 54/58 | €33,738 | €3,520 | -€30,218 | -89.6% |
| Deferred charges and accrued income | 490/1 | €62 | - | -€62 | |
| Total equity and liabilities | 10/49 | €105,503 | €29,010 | -€76,493 | -72.5% |
| Equity | 10/15 | €15,869 | -€9,635 | -€25,505 | |
| Contributions | 10/11 | €18,592 | €20,451 | +€1,859 | +10.0% |
| Reserves | 13 | €41,758 | €39,898 | -€1,859 | -4.5% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €9,898 | €9,898 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,480 | -€69,985 | -€25,505 | -57.3% |
| Amounts payable | 17/49 | €89,634 | €38,645 | -€50,989 | -56.9% |
| Amounts payable after more than one year | 17 | €24,105 | - | -€24,105 | |
| Financial debts | 170/4 | €24,105 | - | -€24,105 | |
| Amounts payable within one year | 42/48 | €65,529 | €38,645 | -€26,884 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €11,188 | - | -€11,188 | |
| Trade debts | 44 | €18,543 | €356 | -€18,187 | -98.1% |
| Suppliers | 440/4 | €18,543 | €356 | -€18,187 | -98.1% |
| Taxes, remuneration and social security | 45 | €35,798 | - | -€35,798 | |
| Taxes | 450/3 | €15,144 | - | -€15,144 | |
| Remuneration and social security | 454/9 | €20,654 | - | -€20,654 | |
| Other amounts payable | 47/48 | - | €38,289 | +€38,289 | |
| Remuneration, social security and pensions | 62 | €136,467 | €38,857 | -€97,610 | -71.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,302 | €32,020 | -€21,282 | -39.9% |
| Other operating charges | 640/8 | €942 | €1,002 | +€61 | +6.5% |
| Non-recurring operating charges | 66A | €39,797 | - | -€39,797 | |
| Gross operating margin | 9900 | €178,824 | €48,615 | -€130,208 | -72.8% |
| Operating profit (loss) | 9901 | -€51,684 | -€23,264 | +€28,420 | +55.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €3,347 | €2,241 | -€1,106 | -33.1% |
| Recurring financial charges | 65 | €3,347 | €2,241 | -€1,106 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | -€55,031 | -€25,505 | +€29,526 | +53.7% |
| Profit (loss) for the period | 9904 | -€55,031 | -€25,505 | +€29,526 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,031 | -€25,505 | +€29,526 | +53.7% |
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 19 October 2026 via checked.be.