GET SMILE UP: 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.
GET SMILE UP
Largest movements
- Cash +€69,043
up €69,043 (+227%), from €30,358 to €99,401
mainly Net result for the year (+€74,148) and Tax, wage and social debts (+€16,577)
- Stocks and contracts +€14,519
up €14,519 (+960%), from €1,513 to €16,032
- Current investments +€8,781
up €8,781 (+157%), from €5,610 to €14,390
- Receivables within one year +€4,000
up €4,000 (+400%), from €1,000 to €5,000
- Profit (loss) carried forward +€74,148
up €74,148 (+2,632%), from €2,817 to €76,965
- Tax, wage and social debts +€16,577
up €16,577 (+691%), from €2,399 to €18,976
of which Taxes: +€16,577
- Other debts +€3,835
up €3,835 (+12.9%), from €29,649 to €33,485
- Trade debts +€1,699
up €1,699 (+142%), from €1,199 to €2,898
- Gross operating margin +€78,126
up €78,126 (+458%), from €17,043 to €95,168
- Taxes +€18,077
up €18,077 (+1,292%), from €1,399 to €19,476
- Other operating charges -€1,815
down €1,815 (-82.0%), from €2,215 to €400
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 | €41,065 | €137,324 | +€96,259 | +234% |
| Fixed assets | 21/28 | €1,298 | €638 | -€660 | -50.8% |
| Tangible fixed assets | 22/27 | €1,298 | €638 | -€660 | -50.8% |
| Furniture and vehicles | 24 | €1,298 | €638 | -€660 | -50.8% |
| Current assets | 29/58 | €39,768 | €136,686 | +€96,919 | +244% |
| Stocks and contracts in progress | 3 | €1,513 | €16,032 | +€14,519 | +960% |
| Stocks | 30/36 | €1,513 | €16,032 | +€14,519 | +960% |
| Amounts receivable within one year | 40/41 | €1,000 | €5,000 | +€4,000 | +400% |
| Trade receivables | 40 | €1,000 | €5,000 | +€4,000 | +400% |
| Current investments | 50/53 | €5,610 | €14,390 | +€8,781 | +157% |
| Cash at bank and in hand | 54/58 | €30,358 | €99,401 | +€69,043 | +227% |
| Deferred charges and accrued income | 490/1 | €1,287 | €1,863 | +€576 | +44.8% |
| Total equity and liabilities | 10/49 | €41,065 | €137,324 | +€96,259 | +234% |
| Equity | 10/15 | €7,817 | €81,965 | +€74,148 | +948% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,817 | €76,965 | +€74,148 | +2,632% |
| Amounts payable | 17/49 | €33,248 | €55,359 | +€22,111 | +66.5% |
| Amounts payable within one year | 42/48 | €33,248 | €55,359 | +€22,111 | +66.5% |
| Trade debts | 44 | €1,199 | €2,898 | +€1,699 | +142% |
| Suppliers | 440/4 | €1,199 | €2,898 | +€1,699 | +142% |
| Taxes, remuneration and social security | 45 | €2,399 | €18,976 | +€16,577 | +691% |
| Taxes | 450/3 | €2,399 | €18,976 | +€16,577 | +691% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €29,649 | €33,485 | +€3,835 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €660 | €660 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,215 | €400 | -€1,815 | -82.0% |
| Gross operating margin | 9900 | €17,043 | €95,168 | +€78,126 | +458% |
| Operating profit (loss) | 9901 | €14,168 | €94,109 | +€79,941 | +564% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €187 | €485 | +€298 | +159% |
| Recurring financial charges | 65 | €187 | €485 | +€298 | +159% |
| Profit (loss) for the period before taxes | 9903 | €13,981 | €93,624 | +€79,643 | +570% |
| Income taxes | 67/77 | €1,399 | €19,476 | +€18,077 | +1,292% |
| Profit (loss) for the period | 9904 | €12,582 | €74,148 | +€61,566 | +489% |
| Profit (loss) for the period to be appropriated | 9905 | €12,582 | €74,148 | +€61,566 | +489% |
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 27 October 2026 via checked.be.