RAINBOW 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.
RAINBOW SMILE
Largest movements
- Tangible fixed assets +€3,967
new in 2025: €3,967
of which Plant, machinery and equipment: +€2,301
- Receivables within one year -€3,025
down €3,025 (-33.3%), from €9,075 to €6,050
- Cash +€2,303
up €2,303 (+155%), from €1,484 to €3,787
mainly Trade debts (+€3,762) and Receivables within one year (+€3,025)
- Trade debts +€3,762
up €3,762 (+74.0%), from €5,082 to €8,844
- Tax, wage and social debts -€421
down €421 (-13.4%), from €3,132 to €2,711
- Gross operating margin +€2,638
up €2,638 (+7,759%), from €34 to €2,672
- Depreciation +€1,322
new in 2025: €1,322
- Taxes -€579
down €579 (-31.5%), from €1,839 to €1,260
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 | €10,559 | €13,804 | +€3,245 | +30.7% |
| Fixed assets | 21/28 | - | €3,967 | +€3,967 | |
| Tangible fixed assets | 22/27 | - | €3,967 | +€3,967 | |
| Plant, machinery and equipment | 23 | - | €2,301 | +€2,301 | |
| Furniture and vehicles | 24 | - | €1,666 | +€1,666 | |
| Current assets | 29/58 | €10,559 | €9,837 | -€722 | -6.8% |
| Amounts receivable within one year | 40/41 | €9,075 | €6,050 | -€3,025 | -33.3% |
| Trade receivables | 40 | €9,075 | €6,050 | -€3,025 | -33.3% |
| Cash at bank and in hand | 54/58 | €1,484 | €3,787 | +€2,303 | +155% |
| Total equity and liabilities | 10/49 | €10,559 | €13,804 | +€3,245 | +30.7% |
| Equity | 10/15 | €2,345 | €2,249 | -€96 | -4.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,655 | -€5,751 | -€96 | -1.7% |
| Amounts payable | 17/49 | €8,214 | €11,555 | +€3,341 | +40.7% |
| Amounts payable within one year | 42/48 | €8,214 | €11,555 | +€3,341 | +40.7% |
| Trade debts | 44 | €5,082 | €8,844 | +€3,762 | +74.0% |
| Suppliers | 440/4 | €5,082 | €8,844 | +€3,762 | +74.0% |
| Taxes, remuneration and social security | 45 | €3,132 | €2,711 | -€421 | -13.4% |
| Taxes | 450/3 | €3,132 | €2,711 | -€421 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,322 | +€1,322 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €34 | €2,672 | +€2,638 | +7,759% |
| Operating profit (loss) | 9901 | -€84 | €1,230 | +€1,314 | |
| Financial charges | 65/66B | €77 | €66 | -€11 | -14.3% |
| Recurring financial charges | 65 | €77 | €66 | -€11 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€161 | €1,164 | +€1,325 | |
| Income taxes | 67/77 | €1,839 | €1,260 | -€579 | -31.5% |
| Profit (loss) for the period | 9904 | -€2,000 | -€96 | +€1,904 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,000 | -€96 | +€1,904 | +95.2% |
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 15 October 2026 via checked.be.