SMARTBLEACH INTERNATIONAL: what changed
What changed
SMARTBLEACH INTERNATIONAL
NACE 32.500, Manufacture of medical and dental instruments and supplies
filed annual accounts (NBB)
Net result for the year
-€18,189
2024 · -€78,670+€60,482
Equity
€126,707
2024 · €144,895-€18,189
Cash
€128,444
2024 · €131,900-€3,457
Balance sheet total
€132,519
2024 · €151,545-€19,026
Largest movements
Assets
- Receivables within one year -€15,569
down €15,569 (-79.3%), from €19,644 to €4,075
of which Trade receivables: -€19,293
- Cash -€3,457
down €3,457 (-2.6%), from €131,900 to €128,444
mainly Net result for the year (-€18,189) and Tax, wage and social debts (-€717)
Equity and liabilities
- Profit (loss) carried forward -€18,189
down €18,189 (-1.7%), from -€1.1m to -€1.1m
Income statement
- Gross operating margin +€54,762
up €54,762 (+75.6%), from -€72,419 to -€17,657
- Write-downs -€7,728
no longer reported in 2025 (was €7,728)
- Financial income -€2,065
down €2,065 (-95.0%), from €2,174 to €110
of which Non-recurring financial income: -€2,089
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€78,670
Gross operating margin
+€54,762
Write-downs
+€7,728
Other operating charges
-€18
Financial income
-€2,065
Financial charges
+€74
Taxes
-€1
Result 2025
-€18,189
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€3,457
Investment
€0
Financing
€0
Cash 2024
€131,900
From operations (derived)
-€3,457
Net result for the year
-€18,189
Receivables within one year
+€15,569
Trade debts
-€120
Tax, wage and social debts
-€717
Cash 2025
€128,444
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €151,545 | €132,519 | -€19,026 | -12.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €151,545 | €132,519 | -€19,026 | -12.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €19,644 | €4,075 | -€15,569 | -79.3% |
| Trade receivables | 40 | €19,644 | €352 | -€19,293 | -98.2% |
| Other amounts receivable | 41 | €0 | €3,723 | +€3,723 | |
| Cash at bank and in hand | 54/58 | €131,900 | €128,444 | -€3,457 | -2.6% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €151,545 | €132,519 | -€19,026 | -12.6% |
| Equity | 10/15 | €144,895 | €126,707 | -€18,189 | -12.6% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Capital | 10 | €1,200,000 | €1,200,000 | = | 0.0% |
| Issued capital | 100 | €1,200,000 | €1,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,055,105 | -€1,073,293 | -€18,189 | -1.7% |
| Amounts payable | 17/49 | €6,650 | €5,812 | -€838 | -12.6% |
| Amounts payable within one year | 42/48 | €6,650 | €5,812 | -€838 | -12.6% |
| Trade debts | 44 | €5,932 | €5,812 | -€120 | -2.0% |
| Suppliers | 440/4 | €5,932 | €5,812 | -€120 | -2.0% |
| Taxes, remuneration and social security | 45 | €717 | €0 | -€717 | -100% |
| Taxes | 450/3 | €717 | €0 | -€717 | -100% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,728 | - | -€7,728 | |
| Other operating charges | 640/8 | €592 | €610 | +€18 | +3.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€72,419 | -€17,657 | +€54,762 | +75.6% |
| Operating profit (loss) | 9901 | -€80,739 | -€18,266 | +€62,472 | +77.4% |
| Financial income | 75/76B | €2,174 | €110 | -€2,065 | -95.0% |
| Recurring financial income | 75 | €86 | €110 | +€24 | +28.0% |
| Non-recurring financial income | 76B | €2,089 | - | -€2,089 | |
| Financial charges | 65/66B | €106 | €31 | -€74 | -70.5% |
| Recurring financial charges | 65 | €106 | €31 | -€74 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | -€78,670 | -€18,188 | +€60,482 | +76.9% |
| Income taxes | 67/77 | €0 | €1 | +€1 | +691% |
| Profit (loss) for the period | 9904 | -€78,670 | -€18,189 | +€60,482 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,670 | -€18,189 | +€60,482 | +76.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.