MEY 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.
MEY Smile
Largest movements
- Cash +€51,529
up €51,529 (+3,934%), from €1,310 to €52,839
mainly Net result for the year (+€57,838) and Tax, wage and social debts (+€18,515)
- Receivables within one year +€16,714
up €16,714 (+32.4%), from €51,645 to €68,359
of which Trade receivables: +€23,042
- Tangible fixed assets +€3,613
new in 2025: €3,613
- Deferred charges and accrued income +€2,234
new in 2025: €2,234
- Profit (loss) carried forward +€57,838
up €57,838 (+152%), from €38,053 to €95,890
- Tax, wage and social debts +€18,515
up €18,515 (+190%), from €9,728 to €28,243
of which Taxes: +€16,675
- Trade debts -€1,403
down €1,403 (-77.3%), from €1,815 to €412
- Gross operating margin +€25,576
up €25,576 (+52.7%), from €48,512 to €74,088
- Taxes +€5,747
up €5,747 (+59.1%), from €9,728 to €15,475
- Depreciation +€790
new in 2025: €790
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 | €52,955 | €127,045 | +€74,090 | +140% |
| Fixed assets | 21/28 | - | €3,613 | +€3,613 | |
| Tangible fixed assets | 22/27 | - | €3,613 | +€3,613 | |
| Plant, machinery and equipment | 23 | - | €3,613 | +€3,613 | |
| Current assets | 29/58 | €52,955 | €123,432 | +€70,477 | +133% |
| Amounts receivable within one year | 40/41 | €51,645 | €68,359 | +€16,714 | +32.4% |
| Trade receivables | 40 | - | €23,042 | +€23,042 | |
| Other amounts receivable | 41 | €51,645 | €45,317 | -€6,327 | -12.3% |
| Cash at bank and in hand | 54/58 | €1,310 | €52,839 | +€51,529 | +3,934% |
| Deferred charges and accrued income | 490/1 | - | €2,234 | +€2,234 | |
| Total equity and liabilities | 10/49 | €52,955 | €127,045 | +€74,090 | +140% |
| Equity | 10/15 | €40,553 | €98,390 | +€57,838 | +143% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,053 | €95,890 | +€57,838 | +152% |
| Amounts payable | 17/49 | €12,402 | €28,654 | +€16,252 | +131% |
| Amounts payable within one year | 42/48 | €12,402 | €28,654 | +€16,252 | +131% |
| Trade debts | 44 | €1,815 | €412 | -€1,403 | -77.3% |
| Suppliers | 440/4 | €1,815 | €412 | -€1,403 | -77.3% |
| Taxes, remuneration and social security | 45 | €9,728 | €28,243 | +€18,515 | +190% |
| Taxes | 450/3 | €9,728 | €26,403 | +€16,675 | +171% |
| Remuneration and social security | 454/9 | - | €1,840 | +€1,840 | |
| Other amounts payable | 47/48 | €859 | €0 | -€859 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €790 | +€790 | |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Gross operating margin | 9900 | €48,512 | €74,088 | +€25,576 | +52.7% |
| Operating profit (loss) | 9901 | €48,512 | €73,154 | +€24,641 | +50.8% |
| Financial income | 75/76B | €128 | €200 | +€72 | +56.7% |
| Recurring financial income | 75 | €128 | €200 | +€72 | +56.7% |
| Financial charges | 65/66B | - | €41 | +€41 | |
| Recurring financial charges | 65 | - | €41 | +€41 | |
| Profit (loss) for the period before taxes | 9903 | €48,640 | €73,312 | +€24,673 | +50.7% |
| Income taxes | 67/77 | €9,728 | €15,475 | +€5,747 | +59.1% |
| Profit (loss) for the period | 9904 | €38,912 | €57,838 | +€18,926 | +48.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,912 | €57,838 | +€18,926 | +48.6% |
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 23 October 2026 via checked.be.