Smile Clinic: what changed
Smile Clinic
Largest movements
- Financial fixed assets +€1.1m
new in 2025: €1.1m
- Cash +€332,219
up €332,219 (+1,969%), from €16,873 to €349,092
mainly Debts after one year (+€1.2m) and Contributions, distributions and other (+€320,000)
- Tangible fixed assets +€282,679
up €282,679 (+2,977%), from €9,497 to €292,175
of which Leasing and similar rights: +€245,949
- Debts after one year +€1.2m
up €1.2m (+4,992%), from €25,000 to €1.3m
of which Financial debts: +€1.3m
- Contributions +€320,000
up €320,000 (+6,400%), from €5,000 to €325,000
- Current portion of long-term debt +€136,855
new in 2025: €136,855
- Profit (loss) carried forward -€58,595
down €58,595 (-1,614%), from -€3,630 to -€62,225
- Trade debts +€18,456
up €18,456 (+121%), from €15,243 to €33,699
- Depreciation +€20,955
up €20,955 (+6,621%), from €316 to €21,271
- Financial charges +€20,397
up €20,397 (+815,870%), from €3 to €20,399
- Gross operating margin -€7,152
down €7,152 (-223%), from -€3,202 to -€10,355
- Other operating charges +€6,497
up €6,497 (+5,990%), from €108 to €6,605
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 | €41,613 | €1,711,233 | +€1.7m | +4,012% |
| Fixed assets | 21/28 | €9,497 | €1,352,175 | +€1.3m | +14,138% |
| Tangible fixed assets | 22/27 | €9,497 | €292,175 | +€282,679 | +2,977% |
| Plant, machinery and equipment | 23 | €9,497 | €44,173 | +€34,676 | +365% |
| Furniture and vehicles | 24 | - | €2,054 | +€2,054 | |
| Leasing and similar rights | 25 | - | €245,949 | +€245,949 | |
| Financial fixed assets | 28 | - | €1,060,000 | +€1.1m | |
| Current assets | 29/58 | €32,116 | €359,058 | +€326,941 | +1,018% |
| Amounts receivable within one year | 40/41 | €15,243 | €2,933 | -€12,310 | -80.8% |
| Trade receivables | 40 | €15,243 | €0 | -€15,243 | -100% |
| Other amounts receivable | 41 | - | €2,933 | +€2,933 | |
| Cash at bank and in hand | 54/58 | €16,873 | €349,092 | +€332,219 | +1,969% |
| Deferred charges and accrued income | 490/1 | - | €7,033 | +€7,033 | |
| Total equity and liabilities | 10/49 | €41,613 | €1,711,233 | +€1.7m | +4,012% |
| Equity | 10/15 | €1,370 | €262,775 | +€261,405 | +19,080% |
| Contributions | 10/11 | €5,000 | €325,000 | +€320,000 | +6,400% |
| Profit (loss) carried forward | 14 | -€3,630 | -€62,225 | -€58,595 | -1,614% |
| Amounts payable | 17/49 | €40,243 | €1,448,458 | +€1.4m | +3,499% |
| Amounts payable after more than one year | 17 | €25,000 | €1,273,049 | +€1.2m | +4,992% |
| Financial debts | 170/4 | - | €1,273,049 | +€1.3m | |
| Other amounts payable | 178/9 | €25,000 | €0 | -€25,000 | -100% |
| Amounts payable within one year | 42/48 | €15,243 | €173,409 | +€158,166 | +1,038% |
| Current portion of amounts payable after more than one year | 42 | - | €136,855 | +€136,855 | |
| Trade debts | 44 | €15,243 | €33,699 | +€18,456 | +121% |
| Suppliers | 440/4 | €15,243 | €33,699 | +€18,456 | +121% |
| Advances received on contracts in progress | 46 | - | €1,575 | +€1,575 | |
| Other amounts payable | 47/48 | - | €1,280 | +€1,280 | |
| Accrued charges and deferred income | 492/3 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | €21,271 | +€20,955 | +6,621% |
| Other operating charges | 640/8 | €108 | €6,605 | +€6,497 | +5,990% |
| Gross operating margin | 9900 | -€3,202 | -€10,355 | -€7,152 | -223% |
| Operating profit (loss) | 9901 | -€3,627 | -€38,231 | -€34,604 | -954% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €3 | €20,399 | +€20,397 | +815,870% |
| Recurring financial charges | 65 | €3 | €20,399 | +€20,397 | +815,870% |
| Profit (loss) for the period before taxes | 9903 | -€3,630 | -€58,595 | -€54,965 | -1,514% |
| Profit (loss) for the period | 9904 | -€3,630 | -€58,595 | -€54,965 | -1,514% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,630 | -€58,595 | -€54,965 | -1,514% |
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 6 November 2026 via checked.be.