HEALTHY 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.
HEALTHY SMILE
Largest movements
- Current investments -€21,921
down €21,921 (-33.6%), from €65,301 to €43,380
- Tangible fixed assets -€15,999
down €15,999 (-10.4%), from €153,321 to €137,322
- Cash -€5,633
down €5,633 (-8.0%), from €69,998 to €64,365
mainly Contributions, distributions and other (-€53,408) and Debts after one year (-€14,701)
- Profit (loss) carried forward -€22,348
no longer reported in 2025 (was €22,348)
- Debts after one year -€14,701
down €14,701 (-17.7%), from €83,060 to €68,359
- Reserves -€6,500
down €6,500 (-6.5%), from €99,760 to €93,260
of which Distributable reserves: -€4,640
- Gross operating margin -€19,175
down €19,175 (-17.3%), from €110,706 to €91,532
- Staff costs -€13,281
down €13,281 (-27.1%), from €49,065 to €35,783
- Taxes -€3,228
down €3,228 (-26.3%), from €12,290 to €9,063
- Depreciation -€1,905
down €1,905 (-10.0%), from €18,988 to €17,083
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 | €300,616 | €254,639 | -€45,977 | -15.3% |
| Fixed assets | 21/28 | €153,449 | €137,322 | -€16,126 | -10.5% |
| Intangible fixed assets | 21 | €128 | €0 | -€128 | -100% |
| Tangible fixed assets | 22/27 | €153,321 | €137,322 | -€15,999 | -10.4% |
| Land and buildings | 22 | €114,920 | €110,330 | -€4,590 | -4.0% |
| Plant, machinery and equipment | 23 | €24,930 | €19,829 | -€5,101 | -20.5% |
| Furniture and vehicles | 24 | €13,471 | €7,163 | -€6,308 | -46.8% |
| Current assets | 29/58 | €147,167 | €117,317 | -€29,850 | -20.3% |
| Stocks and contracts in progress | 3 | €4,689 | €3,081 | -€1,607 | -34.3% |
| Stocks | 30/36 | €4,689 | €3,081 | -€1,607 | -34.3% |
| Amounts receivable within one year | 40/41 | - | €1,538 | +€1,538 | |
| Other amounts receivable | 41 | - | €1,538 | +€1,538 | |
| Current investments | 50/53 | €65,301 | €43,380 | -€21,921 | -33.6% |
| Cash at bank and in hand | 54/58 | €69,998 | €64,365 | -€5,633 | -8.0% |
| Deferred charges and accrued income | 490/1 | €7,179 | €4,953 | -€2,227 | -31.0% |
| Total equity and liabilities | 10/49 | €300,616 | €254,639 | -€45,977 | -15.3% |
| Equity | 10/15 | €134,508 | €105,660 | -€28,848 | -21.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €99,760 | €93,260 | -€6,500 | -6.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €97,900 | €93,260 | -€4,640 | -4.7% |
| Profit (loss) carried forward | 14 | €22,348 | - | -€22,348 | |
| Amounts payable | 17/49 | €166,108 | €148,979 | -€17,128 | -10.3% |
| Amounts payable after more than one year | 17 | €83,060 | €68,359 | -€14,701 | -17.7% |
| Financial debts | 170/4 | €83,060 | €68,359 | -€14,701 | -17.7% |
| Amounts payable within one year | 42/48 | €83,048 | €80,621 | -€2,427 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €16,867 | €16,233 | -€635 | -3.8% |
| Trade debts | 44 | €3,500 | €885 | -€2,615 | -74.7% |
| Suppliers | 440/4 | €3,500 | €885 | -€2,615 | -74.7% |
| Taxes, remuneration and social security | 45 | €8,916 | €9,170 | +€254 | +2.9% |
| Taxes | 450/3 | €3,750 | €3,750 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,166 | €5,420 | +€254 | +4.9% |
| Other amounts payable | 47/48 | €53,765 | €54,332 | +€568 | +1.1% |
| Remuneration, social security and pensions | 62 | €49,065 | €35,783 | -€13,281 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,988 | €17,083 | -€1,905 | -10.0% |
| Other operating charges | 640/8 | €1,752 | €2,226 | +€475 | +27.1% |
| Gross operating margin | 9900 | €110,706 | €91,532 | -€19,175 | -17.3% |
| Operating profit (loss) | 9901 | €40,902 | €36,439 | -€4,463 | -10.9% |
| Financial income | 75/76B | €672 | €365 | -€308 | -45.7% |
| Recurring financial income | 75 | €672 | €365 | -€308 | -45.7% |
| Financial charges | 65/66B | €3,761 | €3,182 | -€579 | -15.4% |
| Recurring financial charges | 65 | €3,761 | €3,182 | -€579 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €37,814 | €33,622 | -€4,192 | -11.1% |
| Income taxes | 67/77 | €12,290 | €9,063 | -€3,228 | -26.3% |
| Profit (loss) for the period | 9904 | €25,524 | €24,559 | -€964 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,524 | €24,559 | -€964 | -3.8% |
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 17 October 2026 via checked.be.