ENDO SMILE: what changed
ENDO SMILE
Largest movements
- Cash +€76,857
up €76,857 (+4,859%), from €1,582 to €78,438
mainly Net result for the year (+€63,334) and Depreciation (+€37,552)
- Current investments -€30,500
down €30,500 (-100%), from €30,500 to €0
- Tangible fixed assets -€30,207
down €30,207 (-5.9%), from €516,166 to €485,960
of which Land and buildings: -€26,418
- Deferred charges and accrued income +€8,176
up €8,176 (+18.3%), from €44,692 to €52,869
- Receivables within one year +€8,102
up €8,102 (+3,357%), from €241 to €8,343
- Reserves +€63,388
up €63,388 (+51.6%), from €122,801 to €186,189
of which Distributable reserves: +€63,388
- Debts after one year -€32,517
down €32,517 (-9.3%), from €349,647 to €317,130
- Current portion of long-term debt -€29,385
down €29,385 (-47.5%), from €61,902 to €32,517
- Short-term financial debts +€21,323
up €21,323 (+768%), from €2,777 to €24,100
of which Credit institutions: +€17,614
- Trade debts +€11,687
up €11,687 (+47.5%), from €24,580 to €36,267
- Gross operating margin +€21,287
up €21,287 (+17.8%), from €119,359 to €140,645
- Taxes +€4,513
up €4,513 (+21.2%), from €21,265 to €25,778
- Financial charges -€2,037
down €2,037 (-16.3%), from €12,475 to €10,438
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 | €593,181 | €625,610 | +€32,429 | +5.5% |
| Fixed assets | 21/28 | €516,166 | €485,960 | -€30,207 | -5.9% |
| Tangible fixed assets | 22/27 | €516,166 | €485,960 | -€30,207 | -5.9% |
| Land and buildings | 22 | €480,957 | €454,538 | -€26,418 | -5.5% |
| Plant, machinery and equipment | 23 | €9,688 | €8,123 | -€1,566 | -16.2% |
| Furniture and vehicles | 24 | €5,920 | €8,928 | +€3,008 | +50.8% |
| Leasing and similar rights | 25 | €16,951 | €11,721 | -€5,230 | -30.9% |
| Other tangible fixed assets | 26 | €2,650 | €2,650 | = | 0.0% |
| Current assets | 29/58 | €77,015 | €139,650 | +€62,635 | +81.3% |
| Amounts receivable within one year | 40/41 | €241 | €8,343 | +€8,102 | +3,357% |
| Other amounts receivable | 41 | €241 | €8,343 | +€8,102 | +3,357% |
| Current investments | 50/53 | €30,500 | €0 | -€30,500 | -100% |
| Cash at bank and in hand | 54/58 | €1,582 | €78,438 | +€76,857 | +4,859% |
| Deferred charges and accrued income | 490/1 | €44,692 | €52,869 | +€8,176 | +18.3% |
| Total equity and liabilities | 10/49 | €593,181 | €625,610 | +€32,429 | +5.5% |
| Equity | 10/15 | €103,963 | €167,297 | +€63,334 | +60.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €122,801 | €186,189 | +€63,388 | +51.6% |
| Non-distributable reserves | 130/1 | €243 | €243 | = | 0.0% |
| Reserves not available under the articles | 1311 | €243 | €243 | = | 0.0% |
| Distributable reserves | 133 | €122,558 | €185,947 | +€63,388 | +51.7% |
| Profit (loss) carried forward | 14 | -€31,238 | -€31,292 | -€54 | -0.2% |
| Amounts payable | 17/49 | €489,218 | €458,313 | -€30,906 | -6.3% |
| Amounts payable after more than one year | 17 | €349,647 | €317,130 | -€32,517 | -9.3% |
| Financial debts | 170/4 | €349,647 | €317,130 | -€32,517 | -9.3% |
| Amounts payable within one year | 42/48 | €139,571 | €140,836 | +€1,265 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €61,902 | €32,517 | -€29,385 | -47.5% |
| Financial debts | 43 | €2,777 | €24,100 | +€21,323 | +768% |
| Credit institutions | 430/8 | €2,777 | €20,391 | +€17,614 | +634% |
| Other loans | 439 | - | €3,709 | +€3,709 | |
| Trade debts | 44 | €24,580 | €36,267 | +€11,687 | +47.5% |
| Suppliers | 440/4 | €24,580 | €36,267 | +€11,687 | +47.5% |
| Advances received on contracts in progress | 46 | €12,410 | €10,317 | -€2,093 | -16.9% |
| Taxes, remuneration and social security | 45 | €24,264 | €26,852 | +€2,587 | +10.7% |
| Taxes | 450/3 | €21,447 | €26,852 | +€5,405 | +25.2% |
| Remuneration and social security | 454/9 | €2,818 | €0 | -€2,818 | -100% |
| Other amounts payable | 47/48 | €13,638 | €10,783 | -€2,855 | -20.9% |
| Accrued charges and deferred income | 492/3 | - | €347 | +€347 | |
| Non-recurring operating income | 76A | €4,190 | €0 | -€4,190 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,868 | €37,552 | +€684 | +1.9% |
| Other operating charges | 640/8 | €3,527 | €3,808 | +€280 | +7.9% |
| Gross operating margin | 9900 | €119,359 | €140,645 | +€21,287 | +17.8% |
| Operating profit (loss) | 9901 | €78,963 | €99,285 | +€20,322 | +25.7% |
| Financial income | 75/76B | €261 | €265 | +€4 | +1.3% |
| Recurring financial income | 75 | €261 | €265 | +€4 | +1.3% |
| Financial charges | 65/66B | €12,475 | €10,438 | -€2,037 | -16.3% |
| Recurring financial charges | 65 | €12,475 | €10,438 | -€2,037 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €66,749 | €89,112 | +€22,363 | +33.5% |
| Income taxes | 67/77 | €21,265 | €25,778 | +€4,513 | +21.2% |
| Profit (loss) for the period | 9904 | €45,485 | €63,334 | +€17,850 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,485 | €63,334 | +€17,850 | +39.2% |
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 5 November 2026 via checked.be.