RUSH & 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.
RUSH & SMILE
Largest movements
- Receivables after one year +€160,487
up €160,487 (+88.9%), from €180,464 to €340,951
- Deferred charges and accrued income +€42,840
up €42,840 (+184%), from €23,249 to €66,089
- Tangible fixed assets -€26,841
down €26,841 (-60.1%), from €44,629 to €17,788
of which Furniture and vehicles: -€23,333
- Cash +€8,569
up €8,569 (+9.4%), from €91,605 to €100,174
mainly Net result for the year (+€174,843) and Depreciation (+€26,841)
- Profit (loss) carried forward +€174,843
up €174,843 (+56.0%), from €312,259 to €487,102
- Current portion of long-term debt +€12,607
up €12,607 (+364%), from €3,459 to €16,066
- Gross operating margin +€36,246
up €36,246 (+16.4%), from €220,721 to €256,967
- Taxes +€6,485
up €6,485 (+13.3%), from €48,866 to €55,351
- Financial income -€4,097
down €4,097 (-71.2%), from €5,752 to €1,655
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 | €341,081 | €526,136 | +€185,055 | +54.3% |
| Fixed assets | 21/28 | €44,629 | €17,788 | -€26,841 | -60.1% |
| Tangible fixed assets | 22/27 | €44,629 | €17,788 | -€26,841 | -60.1% |
| Plant, machinery and equipment | 23 | €13,916 | €10,408 | -€3,508 | -25.2% |
| Furniture and vehicles | 24 | €30,713 | €7,380 | -€23,333 | -76.0% |
| Current assets | 29/58 | €296,452 | €508,348 | +€211,896 | +71.5% |
| Amounts receivable after more than one year | 29 | €180,464 | €340,951 | +€160,487 | +88.9% |
| Other amounts receivable | 291 | €180,464 | €340,951 | +€160,487 | +88.9% |
| Amounts receivable within one year | 40/41 | €1,134 | €1,134 | = | 0.0% |
| Other amounts receivable | 41 | €1,134 | €1,134 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €91,605 | €100,174 | +€8,569 | +9.4% |
| Deferred charges and accrued income | 490/1 | €23,249 | €66,089 | +€42,840 | +184% |
| Total equity and liabilities | 10/49 | €341,081 | €526,136 | +€185,055 | +54.3% |
| Equity | 10/15 | €327,259 | €502,102 | +€174,843 | +53.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Capital | 10 | €15,000 | - | -€15,000 | |
| Issued capital | 100 | €15,000 | - | -€15,000 | |
| Profit (loss) carried forward | 14 | €312,259 | €487,102 | +€174,843 | +56.0% |
| Amounts payable | 17/49 | €13,822 | €24,034 | +€10,212 | +73.9% |
| Amounts payable within one year | 42/48 | €13,822 | €24,034 | +€10,212 | +73.9% |
| Current portion of amounts payable after more than one year | 42 | €3,459 | €16,066 | +€12,607 | +364% |
| Trade debts | 44 | €4,702 | €1,417 | -€3,286 | -69.9% |
| Suppliers | 440/4 | €4,702 | €1,417 | -€3,286 | -69.9% |
| Taxes, remuneration and social security | 45 | €5,660 | €6,551 | +€891 | +15.7% |
| Taxes | 450/3 | €5,660 | €6,551 | +€891 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,841 | €26,841 | = | 0.0% |
| Other operating charges | 640/8 | €571 | €626 | +€54 | +9.5% |
| Gross operating margin | 9900 | €220,721 | €256,967 | +€36,246 | +16.4% |
| Operating profit (loss) | 9901 | €193,308 | €229,500 | +€36,192 | +18.7% |
| Financial income | 75/76B | €5,752 | €1,655 | -€4,097 | -71.2% |
| Recurring financial income | 75 | €5,752 | €1,655 | -€4,097 | -71.2% |
| Financial charges | 65/66B | €765 | €961 | +€195 | +25.5% |
| Recurring financial charges | 65 | €765 | €961 | +€195 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €198,295 | €230,194 | +€31,899 | +16.1% |
| Income taxes | 67/77 | €48,866 | €55,351 | +€6,485 | +13.3% |
| Profit (loss) for the period | 9904 | €149,428 | €174,843 | +€25,414 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €149,428 | €174,843 | +€25,414 | +17.0% |
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.