BEAUTIFUL SMILE: what changed
BEAUTIFUL SMILE
Largest movements
- Cash -€67,771
down €67,771 (-55.3%), from €122,570 to €54,799
mainly Investment in fixed assets (net) (-€99,657) and Current investments (-€45,000)
- Tangible fixed assets +€59,143
up €59,143 (+50.9%), from €116,171 to €175,314
of which Furniture and vehicles: +€79,359
- Current investments +€45,000
new in 2024: €45,000
- Deferred charges and accrued income -€8,782
down €8,782 (-87.8%), from €9,997 to €1,215
- Reserves +€24,398
up €24,398 (+13.9%), from €175,874 to €200,271
of which Distributable reserves: +€26,329
- Trade debts -€21,218
down €21,218 (-60.1%), from €35,300 to €14,082
- Tax, wage and social debts +€12,156
up €12,156 (+243%), from €5,005 to €17,162
of which Taxes: +€8,201
- Current portion of long-term debt +€8,918
up €8,918 (+40.2%), from €22,165 to €31,083
- Gross operating margin +€99,550
up €99,550 (+94.1%), from €105,763 to €205,313
- Taxes +€13,946
up €13,946 (+81.0%), from €17,227 to €31,173
- Depreciation +€12,533
up €12,533 (+44.8%), from €27,981 to €40,514
- Other operating charges +€9,942
up €9,942 (+872%), from €1,141 to €11,083
- Financial income -€4,649
down €4,649 (-93.5%), from €4,972 to €322
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,874 | €550,512 | +€24,639 | +4.7% |
| Fixed assets | 21/28 | €116,171 | €175,314 | +€59,143 | +50.9% |
| Tangible fixed assets | 22/27 | €116,171 | €175,314 | +€59,143 | +50.9% |
| Plant, machinery and equipment | 23 | €67,415 | €52,377 | -€15,038 | -22.3% |
| Furniture and vehicles | 24 | €18,999 | €98,358 | +€79,359 | +418% |
| Leasing and similar rights | 25 | €21,019 | €16,704 | -€4,315 | -20.5% |
| Other tangible fixed assets | 26 | €8,737 | €7,875 | -€862 | -9.9% |
| Current assets | 29/58 | €409,703 | €375,198 | -€34,505 | -8.4% |
| Amounts receivable within one year | 40/41 | €277,137 | €274,184 | -€2,952 | -1.1% |
| Trade receivables | 40 | €164,648 | €192,892 | +€28,244 | +17.2% |
| Other amounts receivable | 41 | €112,489 | €81,293 | -€31,196 | -27.7% |
| Current investments | 50/53 | - | €45,000 | +€45,000 | |
| Cash at bank and in hand | 54/58 | €122,570 | €54,799 | -€67,771 | -55.3% |
| Deferred charges and accrued income | 490/1 | €9,997 | €1,215 | -€8,782 | -87.8% |
| Total equity and liabilities | 10/49 | €525,874 | €550,512 | +€24,639 | +4.7% |
| Equity | 10/15 | €372,332 | €396,729 | +€24,398 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,874 | €200,271 | +€24,398 | +13.9% |
| Non-distributable reserves | 130/1 | €1,931 | - | -€1,931 | |
| Reserves not available under the articles | 1311 | €1,931 | - | -€1,931 | |
| Distributable reserves | 133 | €173,942 | €200,271 | +€26,329 | +15.1% |
| Profit (loss) carried forward | 14 | €177,858 | €177,858 | = | 0.0% |
| Amounts payable | 17/49 | €153,542 | €153,783 | +€241 | +0.2% |
| Amounts payable after more than one year | 17 | €41,488 | €41,871 | +€384 | +0.9% |
| Financial debts | 170/4 | €41,488 | €41,871 | +€384 | +0.9% |
| Amounts payable within one year | 42/48 | €112,055 | €111,912 | -€143 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €22,165 | €31,083 | +€8,918 | +40.2% |
| Trade debts | 44 | €35,300 | €14,082 | -€21,218 | -60.1% |
| Suppliers | 440/4 | €35,300 | €14,082 | -€21,218 | -60.1% |
| Taxes, remuneration and social security | 45 | €5,005 | €17,162 | +€12,156 | +243% |
| Taxes | 450/3 | - | €8,201 | +€8,201 | |
| Remuneration and social security | 454/9 | €5,005 | €8,960 | +€3,955 | +79.0% |
| Other amounts payable | 47/48 | €49,585 | €49,585 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €52,406 | €56,193 | +€3,788 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,981 | €40,514 | +€12,533 | +44.8% |
| Other operating charges | 640/8 | €1,141 | €11,083 | +€9,942 | +872% |
| Gross operating margin | 9900 | €105,763 | €205,313 | +€99,550 | +94.1% |
| Operating profit (loss) | 9901 | €24,236 | €97,523 | +€73,287 | +302% |
| Financial income | 75/76B | €4,972 | €322 | -€4,649 | -93.5% |
| Recurring financial income | 75 | €4,972 | €322 | -€4,649 | -93.5% |
| Financial charges | 65/66B | €4,739 | €8,197 | +€3,459 | +73.0% |
| Recurring financial charges | 65 | €4,739 | €8,197 | +€3,459 | +73.0% |
| Profit (loss) for the period before taxes | 9903 | €24,470 | €89,648 | +€65,179 | +266% |
| Income taxes | 67/77 | €17,227 | €31,173 | +€13,946 | +81.0% |
| Profit (loss) for the period | 9904 | €7,242 | €58,476 | +€51,233 | +707% |
| Profit (loss) for the period to be appropriated | 9905 | €7,242 | €58,476 | +€51,233 | +707% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.