CR 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.
CR SMILE
Largest movements
- Cash +€70,324
up €70,324 (+62.5%), from €112,558 to €182,883
mainly Net result for the year (+€65,420) and Depreciation (+€5,100)
- Tangible fixed assets -€5,100
down €5,100 (-65.0%), from €7,841 to €2,741
- Receivables within one year -€3,988
down €3,988 (-25.5%), from €15,645 to €11,657
of which Other amounts receivable: -€2,304
- Current investments +€2,065
new in 2026: €2,065
- Reserves +€62,420
up €62,420 (+57.3%), from €108,967 to €171,387
- Other debts +€3,397
up €3,397, from €0 to €3,397
- Gross operating margin -€8,626
down €8,626 (-8.9%), from €97,376 to €88,750
- Taxes -€1,713
down €1,713 (-8.9%), from €19,284 to €17,571
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,115 | €199,826 | +€63,711 | +46.8% |
| Fixed assets | 21/28 | €7,841 | €2,741 | -€5,100 | -65.0% |
| Tangible fixed assets | 22/27 | €7,841 | €2,741 | -€5,100 | -65.0% |
| Furniture and vehicles | 24 | €7,841 | €2,741 | -€5,100 | -65.0% |
| Current assets | 29/58 | €128,274 | €197,085 | +€68,811 | +53.6% |
| Amounts receivable within one year | 40/41 | €15,645 | €11,657 | -€3,988 | -25.5% |
| Trade receivables | 40 | €13,341 | €11,657 | -€1,684 | -12.6% |
| Other amounts receivable | 41 | €2,304 | €0 | -€2,304 | -100% |
| Current investments | 50/53 | - | €2,065 | +€2,065 | |
| Cash at bank and in hand | 54/58 | €112,558 | €182,883 | +€70,324 | +62.5% |
| Deferred charges and accrued income | 490/1 | €71 | €480 | +€409 | +579% |
| Total equity and liabilities | 10/49 | €136,115 | €199,826 | +€63,711 | +46.8% |
| Equity | 10/15 | €113,967 | €176,387 | +€62,420 | +54.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,967 | €171,387 | +€62,420 | +57.3% |
| Distributable reserves | 133 | €108,967 | €171,387 | +€62,420 | +57.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,148 | €23,439 | +€1,291 | +5.8% |
| Amounts payable within one year | 42/48 | €22,148 | €23,439 | +€1,291 | +5.8% |
| Trade debts | 44 | €610 | €386 | -€224 | -36.7% |
| Suppliers | 440/4 | €610 | €386 | -€224 | -36.7% |
| Taxes, remuneration and social security | 45 | €21,538 | €19,656 | -€1,882 | -8.7% |
| Taxes | 450/3 | €21,538 | €19,656 | -€1,882 | -8.7% |
| Other amounts payable | 47/48 | €0 | €3,397 | +€3,397 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,100 | €5,100 | = | 0.0% |
| Other operating charges | 640/8 | €626 | €679 | +€53 | +8.5% |
| Gross operating margin | 9900 | €97,376 | €88,750 | -€8,626 | -8.9% |
| Operating profit (loss) | 9901 | €91,650 | €82,971 | -€8,679 | -9.5% |
| Financial income | 75/76B | - | €533 | +€533 | |
| Recurring financial income | 75 | - | €533 | +€533 | |
| Financial charges | 65/66B | €71 | €513 | +€442 | +622% |
| Recurring financial charges | 65 | €71 | €513 | +€442 | +622% |
| Profit (loss) for the period before taxes | 9903 | €91,579 | €82,991 | -€8,587 | -9.4% |
| Income taxes | 67/77 | €19,284 | €17,571 | -€1,713 | -8.9% |
| Profit (loss) for the period | 9904 | €72,295 | €65,420 | -€6,875 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €72,295 | €65,420 | -€6,875 | -9.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.