A Top Smile: what changed
A Top Smile
Largest movements
- Cash +€9,950
up €9,950 (+395%), from €2,521 to €12,471
mainly Net result for the year (+€11,396) and Other debts (+€5,142)
- Receivables within one year +€1,614
up €1,614 (+38.7%), from €4,164 to €5,778
of which Trade receivables: +€1,883
- Deferred charges and accrued income -€714
down €714 (-83.1%), from €860 to €145
- Profit (loss) carried forward +€11,396
up €11,396 (+46.7%), from -€24,380 to -€12,985
- Other debts +€5,142
up €5,142 (+24.6%), from €20,926 to €26,067
- Tax, wage and social debts -€3,539
down €3,539 (-94.4%), from €3,749 to €210
of which Remuneration and social security: -€2,775
- Trade debts -€2,279
down €2,279 (-62.2%), from €3,664 to €1,384
- Gross operating margin -€5,692
down €5,692 (-22.3%), from €25,519 to €19,827
- Depreciation +€3,526
up €3,526 (+396%), from €890 to €4,416
- Financial charges +€2,825
up €2,825 (+1,567%), from €180 to €3,005
- Other operating charges +€277
up €277 (+48.4%), from €571 to €848
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,792 | €36,760 | +€10,968 | +42.5% |
| Fixed assets | 21/28 | €18,247 | €18,367 | +€119 | +0.7% |
| Tangible fixed assets | 22/27 | €18,113 | €18,289 | +€175 | +1.0% |
| Plant, machinery and equipment | 23 | €1,183 | €5,181 | +€3,998 | +338% |
| Furniture and vehicles | 24 | €16,930 | €13,107 | -€3,822 | -22.6% |
| Financial fixed assets | 28 | €134 | €78 | -€56 | -41.8% |
| Current assets | 29/58 | €7,545 | €18,394 | +€10,849 | +144% |
| Amounts receivable within one year | 40/41 | €4,164 | €5,778 | +€1,614 | +38.7% |
| Trade receivables | 40 | €3,895 | €5,778 | +€1,883 | +48.3% |
| Other amounts receivable | 41 | €270 | - | -€270 | |
| Cash at bank and in hand | 54/58 | €2,521 | €12,471 | +€9,950 | +395% |
| Deferred charges and accrued income | 490/1 | €860 | €145 | -€714 | -83.1% |
| Total equity and liabilities | 10/49 | €25,792 | €36,760 | +€10,968 | +42.5% |
| Equity | 10/15 | -€2,547 | €8,849 | +€11,396 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,284 | €3,284 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,429 | €1,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,380 | -€12,985 | +€11,396 | +46.7% |
| Amounts payable | 17/49 | €28,338 | €27,911 | -€427 | -1.5% |
| Amounts payable within one year | 42/48 | €28,338 | €27,811 | -€527 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | - | €150 | +€150 | |
| Trade debts | 44 | €3,664 | €1,384 | -€2,279 | -62.2% |
| Suppliers | 440/4 | €3,664 | €1,384 | -€2,279 | -62.2% |
| Taxes, remuneration and social security | 45 | €3,749 | €210 | -€3,539 | -94.4% |
| Taxes | 450/3 | €974 | €210 | -€764 | -78.5% |
| Remuneration and social security | 454/9 | €2,775 | - | -€2,775 | |
| Other amounts payable | 47/48 | €20,926 | €26,067 | +€5,142 | +24.6% |
| Accrued charges and deferred income | 492/3 | - | €100 | +€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €890 | €4,416 | +€3,526 | +396% |
| Other operating charges | 640/8 | €571 | €848 | +€277 | +48.4% |
| Gross operating margin | 9900 | €25,519 | €19,827 | -€5,692 | -22.3% |
| Operating profit (loss) | 9901 | €24,058 | €14,563 | -€9,495 | -39.5% |
| Financial income | 75/76B | - | €48 | +€48 | |
| Recurring financial income | 75 | - | €48 | +€48 | |
| Financial charges | 65/66B | €180 | €3,005 | +€2,825 | +1,567% |
| Recurring financial charges | 65 | €180 | €3,005 | +€2,825 | +1,567% |
| Profit (loss) for the period before taxes | 9903 | €23,877 | €11,605 | -€12,272 | -51.4% |
| Income taxes | 67/77 | - | €210 | +€210 | |
| Profit (loss) for the period | 9904 | €23,877 | €11,396 | -€12,482 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,877 | €11,396 | -€12,482 | -52.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.