SMYLE: 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.
SMYLE
Largest movements
- Receivables within one year +€19,543
up €19,543 (+656%), from €2,978 to €22,520
of which Other amounts receivable: +€20,532
- Tangible fixed assets -€17,133
no longer reported in 2023 (was €17,133)
- Cash -€682
down €682 (-97.9%), from €696 to €14
mainly Receivables within one year (-€19,543) and Trade debts (-€533)
- Tax, wage and social debts +€2,166
up €2,166 (+45.0%), from €4,817 to €6,983
- Trade debts -€533
down €533 (-33.8%), from €1,578 to €1,045
- Profit (loss) carried forward +€397
up €397 (+17.1%), from €2,315 to €2,712
- Other debts -€302
no longer reported in 2023 (was €302)
- Gross operating margin -€10,836
down €10,836 (-94.3%), from €11,485 to €649
- Taxes -€4,523
no longer reported in 2023 (was €4,523)
- Depreciation -€734
no longer reported in 2023 (was €734)
- Other operating charges -€332
down €332 (-76.8%), from €432 to €100
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,807 | €22,535 | +€1,727 | +8.3% |
| Fixed assets | 21/28 | €17,133 | - | -€17,133 | |
| Tangible fixed assets | 22/27 | €17,133 | - | -€17,133 | |
| Furniture and vehicles | 24 | €17,133 | - | -€17,133 | |
| Current assets | 29/58 | €3,674 | €22,535 | +€18,861 | +513% |
| Amounts receivable within one year | 40/41 | €2,978 | €22,520 | +€19,543 | +656% |
| Trade receivables | 40 | €1,439 | €450 | -€989 | -68.7% |
| Other amounts receivable | 41 | €1,539 | €22,070 | +€20,532 | +1,334% |
| Cash at bank and in hand | 54/58 | €696 | €14 | -€682 | -97.9% |
| Total equity and liabilities | 10/49 | €20,807 | €22,535 | +€1,727 | +8.3% |
| Equity | 10/15 | €14,110 | €14,507 | +€397 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,595 | €5,595 | = | 0.0% |
| Distributable reserves | 133 | €5,595 | €5,595 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,315 | €2,712 | +€397 | +17.1% |
| Amounts payable | 17/49 | €6,697 | €8,027 | +€1,331 | +19.9% |
| Amounts payable within one year | 42/48 | €6,697 | €8,027 | +€1,331 | +19.9% |
| Trade debts | 44 | €1,578 | €1,045 | -€533 | -33.8% |
| Suppliers | 440/4 | €1,578 | €1,045 | -€533 | -33.8% |
| Taxes, remuneration and social security | 45 | €4,817 | €6,983 | +€2,166 | +45.0% |
| Taxes | 450/3 | €4,817 | €6,983 | +€2,166 | +45.0% |
| Other amounts payable | 47/48 | €302 | - | -€302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | - | -€734 | |
| Other operating charges | 640/8 | €432 | €100 | -€332 | -76.8% |
| Gross operating margin | 9900 | €11,485 | €649 | -€10,836 | -94.3% |
| Operating profit (loss) | 9901 | €10,319 | €549 | -€9,770 | -94.7% |
| Financial charges | 65/66B | €200 | €152 | -€48 | -24.0% |
| Recurring financial charges | 65 | €200 | €152 | -€48 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €10,119 | €397 | -€9,722 | -96.1% |
| Income taxes | 67/77 | €4,523 | - | -€4,523 | |
| Profit (loss) for the period | 9904 | €5,595 | €397 | -€5,198 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,595 | €397 | -€5,198 | -92.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.