NkSmile: 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.
NkSmile
Largest movements
- Cash -€11,001
down €11,001 (-78.6%), from €13,990 to €2,989
mainly Investment in fixed assets (net) (-€17,723) and Deferred charges and accrued income (-€7,416)
- Tangible fixed assets +€7,969
up €7,969 (+29.1%), from €27,388 to €35,356
of which Other tangible fixed assets: +€5,101
- Deferred charges and accrued income +€7,416
up €7,416 (+1,065%), from €697 to €8,112
- Receivables within one year +€3,006
up €3,006 (+6.8%), from €44,173 to €47,179
- Profit (loss) carried forward +€10,721
up €10,721 (+24.9%), from €43,128 to €53,849
- Tax, wage and social debts -€4,609
down €4,609 (-53.3%), from €8,650 to €4,041
of which Taxes: -€4,350
- Trade debts +€4,241
up €4,241 (+3,160%), from €134 to €4,376
- Debts after one year -€3,198
down €3,198 (-18.2%), from €17,527 to €14,329
- Gross operating margin +€22,716
up €22,716 (+87.2%), from €26,046 to €48,762
- Staff costs +€18,595
new in 2025: €18,595
- Financial charges +€3,668
up €3,668 (+194%), from €1,888 to €5,557
- Depreciation +€2,623
up €2,623 (+36.8%), from €7,132 to €9,755
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 | €86,247 | €93,637 | +€7,390 | +8.6% |
| Fixed assets | 21/28 | €27,388 | €35,356 | +€7,969 | +29.1% |
| Tangible fixed assets | 22/27 | €27,388 | €35,356 | +€7,969 | +29.1% |
| Plant, machinery and equipment | 23 | €27,388 | €30,255 | +€2,868 | +10.5% |
| Other tangible fixed assets | 26 | - | €5,101 | +€5,101 | |
| Current assets | 29/58 | €58,859 | €58,280 | -€579 | -1.0% |
| Amounts receivable within one year | 40/41 | €44,173 | €47,179 | +€3,006 | +6.8% |
| Other amounts receivable | 41 | €44,173 | €47,179 | +€3,006 | +6.8% |
| Cash at bank and in hand | 54/58 | €13,990 | €2,989 | -€11,001 | -78.6% |
| Deferred charges and accrued income | 490/1 | €697 | €8,112 | +€7,416 | +1,065% |
| Total equity and liabilities | 10/49 | €86,247 | €93,637 | +€7,390 | +8.6% |
| Equity | 10/15 | €48,128 | €58,849 | +€10,721 | +22.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,128 | €53,849 | +€10,721 | +24.9% |
| Amounts payable | 17/49 | €38,119 | €34,788 | -€3,331 | -8.7% |
| Amounts payable after more than one year | 17 | €17,527 | €14,329 | -€3,198 | -18.2% |
| Financial debts | 170/4 | €17,527 | €14,329 | -€3,198 | -18.2% |
| Amounts payable within one year | 42/48 | €20,592 | €20,458 | -€133 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €3,084 | €3,198 | +€114 | +3.7% |
| Trade debts | 44 | €134 | €4,376 | +€4,241 | +3,160% |
| Suppliers | 440/4 | €134 | €4,376 | +€4,241 | +3,160% |
| Taxes, remuneration and social security | 45 | €8,650 | €4,041 | -€4,609 | -53.3% |
| Taxes | 450/3 | €5,850 | €1,500 | -€4,350 | -74.4% |
| Remuneration and social security | 454/9 | €2,800 | €2,541 | -€259 | -9.3% |
| Other amounts payable | 47/48 | €8,724 | €8,844 | +€121 | +1.4% |
| Remuneration, social security and pensions | 62 | - | €18,595 | +€18,595 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,132 | €9,755 | +€2,623 | +36.8% |
| Other operating charges | 640/8 | €625 | €710 | +€85 | +13.6% |
| Gross operating margin | 9900 | €26,046 | €48,762 | +€22,716 | +87.2% |
| Operating profit (loss) | 9901 | €18,289 | €19,702 | +€1,413 | +7.7% |
| Financial income | 75/76B | €23 | €2 | -€21 | -93.4% |
| Recurring financial income | 75 | €23 | €2 | -€21 | -93.4% |
| Financial charges | 65/66B | €1,888 | €5,557 | +€3,668 | +194% |
| Recurring financial charges | 65 | €1,888 | €5,557 | +€3,668 | +194% |
| Profit (loss) for the period before taxes | 9903 | €16,423 | €14,147 | -€2,277 | -13.9% |
| Income taxes | 67/77 | €3,387 | €3,426 | +€39 | +1.1% |
| Profit (loss) for the period | 9904 | €13,036 | €10,721 | -€2,315 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,036 | €10,721 | -€2,315 | -17.8% |
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 20 October 2026 via checked.be.