CENTRE-SMILE: 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.
CENTRE-SMILE
Largest movements
- Cash +€38,573
up €38,573 (+1,057%), from €3,649 to €42,222
mainly Receivables within one year (+€19,239) and Net result for the year (+€12,650)
- Receivables within one year -€19,239
down €19,239 (-99.4%), from €19,362 to €123
of which Other amounts receivable: -€19,362
- Tangible fixed assets -€4,440
down €4,440 (-3.3%), from €132,684 to €128,245
of which Land and buildings: -€3,240
- Deferred charges and accrued income +€4,094
up €4,094 (+191%), from €2,148 to €6,242
- Profit (loss) carried forward +€12,650
up €12,650 (+66.5%), from €19,026 to €31,675
- Other debts +€11,900
new in 2025: €11,900
- Debts after one year -€8,574
down €8,574 (-7.0%), from €121,980 to €113,407
- Accrued charges and deferred income +€2,290
up €2,290 (+15,055%), from €15 to €2,305
- Gross operating margin +€29,848
up €29,848, from -€1,677 to €28,170
- Other operating charges +€1,905
up €1,905 (+94.4%), from €2,018 to €3,923
- Financial income -€971
down €971 (-86.4%), from €1,125 to €153
- Depreciation -€862
down €862 (-9.1%), from €9,493 to €8,630
- Taxes +€744
up €744, from -€304 to €440
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,844 | €176,832 | +€18,988 | +12.0% |
| Fixed assets | 21/28 | €132,684 | €128,245 | -€4,440 | -3.3% |
| Tangible fixed assets | 22/27 | €132,684 | €128,245 | -€4,440 | -3.3% |
| Land and buildings | 22 | €112,590 | €109,350 | -€3,240 | -2.9% |
| Plant, machinery and equipment | 23 | €16,599 | €13,449 | -€3,149 | -19.0% |
| Furniture and vehicles | 24 | €3,496 | €5,445 | +€1,950 | +55.8% |
| Current assets | 29/58 | €25,159 | €48,587 | +€23,428 | +93.1% |
| Amounts receivable within one year | 40/41 | €19,362 | €123 | -€19,239 | -99.4% |
| Trade receivables | 40 | - | €123 | +€123 | |
| Other amounts receivable | 41 | €19,362 | - | -€19,362 | |
| Cash at bank and in hand | 54/58 | €3,649 | €42,222 | +€38,573 | +1,057% |
| Deferred charges and accrued income | 490/1 | €2,148 | €6,242 | +€4,094 | +191% |
| Total equity and liabilities | 10/49 | €157,844 | €176,832 | +€18,988 | +12.0% |
| Equity | 10/15 | €25,226 | €37,875 | +€12,650 | +50.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,026 | €31,675 | +€12,650 | +66.5% |
| Amounts payable | 17/49 | €132,618 | €138,957 | +€6,339 | +4.8% |
| Amounts payable after more than one year | 17 | €121,980 | €113,407 | -€8,574 | -7.0% |
| Financial debts | 170/4 | €121,980 | €113,407 | -€8,574 | -7.0% |
| Amounts payable within one year | 42/48 | €10,622 | €23,245 | +€12,623 | +119% |
| Current portion of amounts payable after more than one year | 42 | €8,408 | €8,574 | +€165 | +2.0% |
| Trade debts | 44 | €1,018 | €2,163 | +€1,145 | +112% |
| Suppliers | 440/4 | €1,018 | €2,163 | +€1,145 | +112% |
| Taxes, remuneration and social security | 45 | €1,196 | €608 | -€588 | -49.2% |
| Taxes | 450/3 | €1,196 | €608 | -€588 | -49.2% |
| Other amounts payable | 47/48 | - | €11,900 | +€11,900 | |
| Accrued charges and deferred income | 492/3 | €15 | €2,305 | +€2,290 | +15,055% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,493 | €8,630 | -€862 | -9.1% |
| Other operating charges | 640/8 | €2,018 | €3,923 | +€1,905 | +94.4% |
| Gross operating margin | 9900 | -€1,677 | €28,170 | +€29,848 | |
| Operating profit (loss) | 9901 | -€13,188 | €15,617 | +€28,805 | |
| Financial income | 75/76B | €1,125 | €153 | -€971 | -86.4% |
| Recurring financial income | 75 | €1,125 | €153 | -€971 | -86.4% |
| Financial charges | 65/66B | €2,793 | €2,681 | -€112 | -4.0% |
| Recurring financial charges | 65 | €2,793 | €2,681 | -€112 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,857 | €13,090 | +€27,946 | |
| Income taxes | 67/77 | -€304 | €440 | +€744 | |
| Profit (loss) for the period | 9904 | -€14,553 | €12,650 | +€27,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,553 | €12,650 | +€27,202 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.