Be Smile: 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.
Be Smile
Largest movements
- Intangible fixed assets -€60,000
down €60,000 (-33.3%), from €180,000 to €120,000
- Cash +€49,815
up €49,815 (+61.2%), from €81,382 to €131,197
mainly Depreciation (+€93,550) and Receivables within one year (+€30,558)
- Receivables within one year -€30,558
down €30,558 (-91.1%), from €33,541 to €2,983
of which Trade receivables: -€30,634
- Tangible fixed assets -€5,039
down €5,039 (-5.9%), from €84,730 to €79,691
of which Plant, machinery and equipment: -€10,200
- Debts after one year -€74,329
down €74,329 (-41.4%), from €179,705 to €105,376
of which Other amounts payable: -€72,000
- Trade debts +€24,548
up €24,548 (+73.2%), from €33,513 to €58,061
- Current portion of long-term debt +€7,140
up €7,140 (+8.0%), from €88,767 to €95,907
- Gross operating margin +€52,470
up €52,470 (+24.8%), from €211,718 to €264,188
- Staff costs +€47,267
up €47,267 (+40.6%), from €116,468 to €163,735
- Depreciation +€5,366
up €5,366 (+6.1%), from €88,184 to €93,550
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 | €383,680 | €340,770 | -€42,910 | -11.2% |
| Fixed assets | 21/28 | €264,730 | €199,691 | -€65,039 | -24.6% |
| Intangible fixed assets | 21 | €180,000 | €120,000 | -€60,000 | -33.3% |
| Tangible fixed assets | 22/27 | €84,730 | €79,691 | -€5,039 | -5.9% |
| Plant, machinery and equipment | 23 | €30,600 | €20,400 | -€10,200 | -33.3% |
| Furniture and vehicles | 24 | €12,731 | €8,879 | -€3,852 | -30.3% |
| Leasing and similar rights | 25 | €41,399 | €50,412 | +€9,013 | +21.8% |
| Current assets | 29/58 | €118,950 | €141,079 | +€22,129 | +18.6% |
| Amounts receivable within one year | 40/41 | €33,541 | €2,983 | -€30,558 | -91.1% |
| Trade receivables | 40 | €33,541 | €2,907 | -€30,634 | -91.3% |
| Other amounts receivable | 41 | - | €76 | +€76 | |
| Cash at bank and in hand | 54/58 | €81,382 | €131,197 | +€49,815 | +61.2% |
| Deferred charges and accrued income | 490/1 | €4,027 | €6,899 | +€2,872 | +71.3% |
| Total equity and liabilities | 10/49 | €383,680 | €340,770 | -€42,910 | -11.2% |
| Equity | 10/15 | €51,713 | €50,736 | -€977 | -1.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €86 | €86 | = | 0.0% |
| Non-distributable reserves | 130/1 | €86 | €86 | = | 0.0% |
| Legal reserve | 130 | €86 | €86 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,627 | €650 | -€977 | -60.0% |
| Amounts payable | 17/49 | €331,967 | €290,034 | -€41,933 | -12.6% |
| Amounts payable after more than one year | 17 | €179,705 | €105,376 | -€74,329 | -41.4% |
| Financial debts | 170/4 | €45,705 | €43,376 | -€2,329 | -5.1% |
| Other amounts payable | 178/9 | €134,000 | €62,000 | -€72,000 | -53.7% |
| Amounts payable within one year | 42/48 | €152,262 | €184,658 | +€32,396 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €88,767 | €95,907 | +€7,140 | +8.0% |
| Trade debts | 44 | €33,513 | €58,061 | +€24,548 | +73.2% |
| Suppliers | 440/4 | €33,513 | €58,061 | +€24,548 | +73.2% |
| Taxes, remuneration and social security | 45 | €29,937 | €30,690 | +€753 | +2.5% |
| Taxes | 450/3 | €5,530 | €4,280 | -€1,250 | -22.6% |
| Remuneration and social security | 454/9 | €24,407 | €26,410 | +€2,003 | +8.2% |
| Other amounts payable | 47/48 | €45 | - | -€45 | |
| Remuneration, social security and pensions | 62 | €116,468 | €163,735 | +€47,267 | +40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,184 | €93,550 | +€5,366 | +6.1% |
| Other operating charges | 640/8 | €3,105 | €4,248 | +€1,143 | +36.8% |
| Gross operating margin | 9900 | €211,718 | €264,188 | +€52,470 | +24.8% |
| Operating profit (loss) | 9901 | €3,961 | €2,655 | -€1,306 | -33.0% |
| Financial charges | 65/66B | €2,019 | €2,156 | +€137 | +6.8% |
| Recurring financial charges | 65 | €2,019 | €2,156 | +€137 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €1,942 | €499 | -€1,443 | -74.3% |
| Income taxes | 67/77 | €1,185 | €1,476 | +€291 | +24.6% |
| Profit (loss) for the period | 9904 | €757 | -€977 | -€1,734 | |
| Profit (loss) for the period to be appropriated | 9905 | €757 | -€977 | -€1,734 |
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 8 October 2026 via checked.be.