smile architects: what changed
smile architects
Largest movements
- Cash +€19,102
up €19,102 (+204%), from €9,379 to €28,481
mainly Trade debts (+€12,000) and Net result for the year (+€7,425)
- Receivables within one year +€1,897
up €1,897 (+34.4%), from €5,518 to €7,414
- Trade debts +€12,000
new in 2025: €12,000
- Reserves +€7,425
up €7,425 (+90.7%), from €8,182 to €15,607
- Tax, wage and social debts +€1,578
up €1,578 (+53.6%), from €2,942 to €4,520
- Gross operating margin -€1,406
down €1,406 (-12.5%), from €11,262 to €9,856
- Depreciation -€560
down €560 (-100%), from €560 to €0
- Taxes -€196
down €196 (-9.6%), from €2,046 to €1,849
- Other operating charges +€140
up €140 (+36.2%), from €387 to €528
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,124 | €36,442 | +€21,318 | +141% |
| Current assets | 29/58 | €15,124 | €36,442 | +€21,318 | +141% |
| Amounts receivable within one year | 40/41 | €5,518 | €7,414 | +€1,897 | +34.4% |
| Trade receivables | 40 | €5,518 | €7,414 | +€1,897 | +34.4% |
| Cash at bank and in hand | 54/58 | €9,379 | €28,481 | +€19,102 | +204% |
| Deferred charges and accrued income | 490/1 | €228 | €547 | +€320 | +140% |
| Total equity and liabilities | 10/49 | €15,124 | €36,442 | +€21,318 | +141% |
| Equity | 10/15 | €12,182 | €19,607 | +€7,425 | +60.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €8,182 | €15,607 | +€7,425 | +90.7% |
| Distributable reserves | 133 | €8,182 | €15,607 | +€7,425 | +90.7% |
| Amounts payable | 17/49 | €2,942 | €16,836 | +€13,894 | +472% |
| Amounts payable within one year | 42/48 | €2,942 | €16,836 | +€13,894 | +472% |
| Trade debts | 44 | - | €12,000 | +€12,000 | |
| Suppliers | 440/4 | - | €12,000 | +€12,000 | |
| Taxes, remuneration and social security | 45 | €2,942 | €4,520 | +€1,578 | +53.6% |
| Taxes | 450/3 | €2,942 | €4,520 | +€1,578 | +53.6% |
| Other amounts payable | 47/48 | - | €316 | +€316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €560 | €0 | -€560 | -100% |
| Other operating charges | 640/8 | €387 | €528 | +€140 | +36.2% |
| Gross operating margin | 9900 | €11,262 | €9,856 | -€1,406 | -12.5% |
| Operating profit (loss) | 9901 | €10,315 | €9,329 | -€986 | -9.6% |
| Financial charges | 65/66B | €87 | €55 | -€32 | -36.6% |
| Recurring financial charges | 65 | €87 | €55 | -€32 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €10,228 | €9,274 | -€954 | -9.3% |
| Income taxes | 67/77 | €2,046 | €1,849 | -€196 | -9.6% |
| Profit (loss) for the period | 9904 | €8,182 | €7,425 | -€758 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,182 | €7,425 | -€758 | -9.3% |
Next steps
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.