SMILE ADDICT: what changed
Two fiscal 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.
SMILE ADDICT
Largest movements
- Cash +€174,797
up €174,797 (+136.5%), from €128,064 to €302,862
mainly Net result for the year (+€148,515) and Tax, wage and social debts (+€76,099)
- Tangible fixed assets +€30,244
up €30,244 (+121.1%), from €24,977 to €55,221
of which Furniture and vehicles: +€31,141
- Receivables within one year +€15,991
up €15,991 (+41.7%), from €38,349 to €54,340
- Reserves +€148,515
up €148,515 (+99.0%), from €150,024 to €298,540
- Tax, wage and social debts +€76,099
up €76,099 (+207.0%), from €36,767 to €112,866
of which Taxes: +€65,539
- Gross operating margin +€109,993
up €109,993 (+95.9%), from €114,666 to €224,659
- Taxes +€30,717
up €30,717 (+88.6%), from €34,672 to €65,389
- Depreciation -€4,354
down €4,354 (-33.3%), from €13,074 to €8,720
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.
Cash bridge derived
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 | €191,390 | €415,397 | +€224,007 | +117.0% |
| Fixed assets | 21/28 | €24,977 | €55,221 | +€30,244 | +121.1% |
| Tangible fixed assets | 22/27 | €24,977 | €55,221 | +€30,244 | +121.1% |
| Plant, machinery and equipment | 23 | €6,831 | €5,934 | -€897 | -13.1% |
| Furniture and vehicles | 24 | €18,146 | €49,287 | +€31,141 | +171.6% |
| Current assets | 29/58 | €166,413 | €360,177 | +€193,763 | +116.4% |
| Amounts receivable within one year | 40/41 | €38,349 | €54,340 | +€15,991 | +41.7% |
| Other amounts receivable | 41 | €38,349 | €54,340 | +€15,991 | +41.7% |
| Cash at bank and in hand | 54/58 | €128,064 | €302,862 | +€174,797 | +136.5% |
| Deferred charges and accrued income | 490/1 | - | €2,975 | +€2,975 | |
| Total equity and liabilities | 10/49 | €191,390 | €415,397 | +€224,007 | +117.0% |
| Equity | 10/15 | €153,524 | €302,040 | +€148,515 | +96.7% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €150,024 | €298,540 | +€148,515 | +99.0% |
| Distributable reserves | 133 | €150,024 | €298,540 | +€148,515 | +99.0% |
| Amounts payable | 17/49 | €37,866 | €113,358 | +€75,492 | +199.4% |
| Amounts payable within one year | 42/48 | €37,866 | €113,358 | +€75,492 | +199.4% |
| Trade debts | 44 | €491 | €491 | +€1 | +0.1% |
| Suppliers | 440/4 | €491 | €491 | +€1 | +0.1% |
| Taxes, remuneration and social security | 45 | €36,767 | €112,866 | +€76,099 | +207.0% |
| Taxes | 450/3 | €35,417 | €100,956 | +€65,539 | +185.0% |
| Remuneration and social security | 454/9 | €1,350 | €11,910 | +€10,560 | +782.2% |
| Other amounts payable | 47/48 | €608 | - | -€608 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,074 | €8,720 | -€4,354 | -33.3% |
| Other operating charges | 640/8 | €593 | €1,726 | +€1,132 | +190.8% |
| Non-recurring operating charges | 66A | - | €146 | +€146 | |
| Gross operating margin | 9900 | €114,666 | €224,659 | +€109,993 | +95.9% |
| Operating profit (loss) | 9901 | €100,999 | €214,067 | +€113,068 | +111.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €126 | €163 | +€37 | +29.1% |
| Recurring financial charges | 65 | €126 | €163 | +€37 | +29.1% |
| Profit (loss) for the period before taxes | 9903 | €100,873 | €213,904 | +€113,031 | +112.1% |
| Income taxes | 67/77 | €34,672 | €65,389 | +€30,717 | +88.6% |
| Profit (loss) for the period | 9904 | €66,202 | €148,515 | +€82,314 | +124.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,202 | €148,515 | +€82,314 | +124.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.