SMILE DENTIST: what changed
SMILE DENTIST
Largest movements
- Tangible fixed assets +€85,618
up €85,618 (+567%), from €15,096 to €100,714
- Cash -€41,968
down €41,968 (-46.4%), from €90,509 to €48,541
mainly Investment in fixed assets (net) (-€112,730) and Tax, wage and social debts (-€36,432)
- Receivables within one year -€31,729
no longer reported in 2025 (was €31,729)
- Profit (loss) carried forward +€56,787
up €56,787 (+160%), from €35,461 to €92,248
- Tax, wage and social debts -€36,432
down €36,432 (-52.1%), from €69,977 to €33,545
of which Remuneration and social security: -€42,088
- Trade debts -€8,584
down €8,584 (-61.8%), from €13,895 to €5,312
- Gross operating margin +€74,231
up €74,231 (+184%), from €40,386 to €114,617
- Depreciation +€22,546
up €22,546 (+494%), from €4,565 to €27,111
- Staff costs +€11,876
up €11,876 (+411%), from €2,890 to €14,766
- Taxes +€8,004
up €8,004 (+129%), from €6,209 to €14,213
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 | €137,334 | €149,255 | +€11,921 | +8.7% |
| Fixed assets | 21/28 | €15,096 | €100,714 | +€85,618 | +567% |
| Tangible fixed assets | 22/27 | €15,096 | €100,714 | +€85,618 | +567% |
| Land and buildings | 22 | - | €17,541 | +€17,541 | |
| Plant, machinery and equipment | 23 | €9,496 | €42,522 | +€33,026 | +348% |
| Furniture and vehicles | 24 | €5,600 | €40,652 | +€35,052 | +626% |
| Current assets | 29/58 | €122,238 | €48,541 | -€73,697 | -60.3% |
| Amounts receivable within one year | 40/41 | €31,729 | - | -€31,729 | |
| Other amounts receivable | 41 | €31,729 | - | -€31,729 | |
| Cash at bank and in hand | 54/58 | €90,509 | €48,541 | -€41,968 | -46.4% |
| Total equity and liabilities | 10/49 | €137,334 | €149,255 | +€11,921 | +8.7% |
| Equity | 10/15 | €53,461 | €110,248 | +€56,787 | +106% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Capital | 10 | €18,000 | €18,000 | = | 0.0% |
| Issued capital | 100 | €30,000 | €30,000 | = | 0.0% |
| Uncalled capital | 101 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,461 | €92,248 | +€56,787 | +160% |
| Amounts payable | 17/49 | €83,873 | €39,007 | -€44,865 | -53.5% |
| Amounts payable within one year | 42/48 | €83,873 | €39,007 | -€44,865 | -53.5% |
| Trade debts | 44 | €13,895 | €5,312 | -€8,584 | -61.8% |
| Suppliers | 440/4 | €13,895 | €5,312 | -€8,584 | -61.8% |
| Taxes, remuneration and social security | 45 | €69,977 | €33,545 | -€36,432 | -52.1% |
| Taxes | 450/3 | €8,865 | €14,521 | +€5,656 | +63.8% |
| Remuneration and social security | 454/9 | €61,112 | €19,024 | -€42,088 | -68.9% |
| Other amounts payable | 47/48 | - | €150 | +€150 | |
| Remuneration, social security and pensions | 62 | €2,890 | €14,766 | +€11,876 | +411% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,565 | €27,111 | +€22,546 | +494% |
| Other operating charges | 640/8 | €1,804 | €1,715 | -€89 | -4.9% |
| Gross operating margin | 9900 | €40,386 | €114,617 | +€74,231 | +184% |
| Operating profit (loss) | 9901 | €31,126 | €71,024 | +€39,898 | +128% |
| Financial charges | 65/66B | €80 | €25 | -€55 | -69.1% |
| Recurring financial charges | 65 | €80 | €25 | -€55 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €31,046 | €71,000 | +€39,954 | +129% |
| Income taxes | 67/77 | €6,209 | €14,213 | +€8,004 | +129% |
| Profit (loss) for the period | 9904 | €24,837 | €56,787 | +€31,949 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €24,837 | €56,787 | +€31,949 | +129% |
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 3 November 2026 via checked.be.