ROSHA 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.
ROSHA SMILE
Largest movements
- Tangible fixed assets -€8,586
down €8,586 (-43.3%), from €19,808 to €11,221
- Receivables within one year -€5,417
down €5,417 (-98.1%), from €5,523 to €106
- Cash +€4,808
up €4,808 (+16.0%), from €30,042 to €34,849
mainly Net result for the year (+€16,451) and Depreciation (+€10,315)
- Deferred charges and accrued income -€578
down €578 (-25.6%), from €2,255 to €1,677
- Current portion of long-term debt -€9,538
no longer reported in 2025 (was €9,538)
- Other debts +€2,471
up €2,471 (+6.7%), from €37,138 to €39,609
- Tax, wage and social debts -€2,390
down €2,390 (-52.4%), from €4,558 to €2,168
- Gross operating margin -€15,070
down €15,070 (-29.4%), from €51,232 to €36,162
- Financial income -€2,041
no longer reported in 2025 (was €2,041)
- Taxes -€1,477
down €1,477 (-14.1%), from €10,477 to €9,000
- Depreciation +€587
up €587 (+6.0%), from €9,728 to €10,315
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 | €57,627 | €47,853 | -€9,774 | -17.0% |
| Fixed assets | 21/28 | €19,808 | €11,221 | -€8,586 | -43.3% |
| Tangible fixed assets | 22/27 | €19,808 | €11,221 | -€8,586 | -43.3% |
| Furniture and vehicles | 24 | €19,808 | €11,221 | -€8,586 | -43.3% |
| Current assets | 29/58 | €37,819 | €36,632 | -€1,187 | -3.1% |
| Amounts receivable within one year | 40/41 | €5,523 | €106 | -€5,417 | -98.1% |
| Other amounts receivable | 41 | €5,523 | €106 | -€5,417 | -98.1% |
| Cash at bank and in hand | 54/58 | €30,042 | €34,849 | +€4,808 | +16.0% |
| Deferred charges and accrued income | 490/1 | €2,255 | €1,677 | -€578 | -25.6% |
| Total equity and liabilities | 10/49 | €57,627 | €47,853 | -€9,774 | -17.0% |
| Equity | 10/15 | €6,077 | €6,077 | = | 0.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €77 | - | -€77 | |
| Distributable reserves | 133 | €77 | - | -€77 | |
| Profit (loss) carried forward | 14 | €0 | €77 | +€77 | |
| Amounts payable | 17/49 | €51,550 | €41,776 | -€9,774 | -19.0% |
| Amounts payable within one year | 42/48 | €51,550 | €41,776 | -€9,774 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €9,538 | - | -€9,538 | |
| Trade debts | 44 | €316 | - | -€316 | |
| Suppliers | 440/4 | €316 | - | -€316 | |
| Taxes, remuneration and social security | 45 | €4,558 | €2,168 | -€2,390 | -52.4% |
| Taxes | 450/3 | €4,558 | €2,168 | -€2,390 | -52.4% |
| Other amounts payable | 47/48 | €37,138 | €39,609 | +€2,471 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,728 | €10,315 | +€587 | +6.0% |
| Other operating charges | 640/8 | €630 | €243 | -€386 | -61.3% |
| Non-recurring operating charges | 66A | €1,909 | - | -€1,909 | |
| Gross operating margin | 9900 | €51,232 | €36,162 | -€15,070 | -29.4% |
| Operating profit (loss) | 9901 | €38,965 | €25,603 | -€13,362 | -34.3% |
| Financial income | 75/76B | €2,041 | - | -€2,041 | |
| Recurring financial income | 75 | €2,041 | - | -€2,041 | |
| Financial charges | 65/66B | €142 | €152 | +€10 | +7.1% |
| Recurring financial charges | 65 | €142 | €152 | +€10 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €40,863 | €25,451 | -€15,413 | -37.7% |
| Income taxes | 67/77 | €10,477 | €9,000 | -€1,477 | -14.1% |
| Profit (loss) for the period | 9904 | €30,386 | €16,451 | -€13,936 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,386 | €16,451 | -€13,936 | -45.9% |
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.