SMILE DESIGNER: what changed
SMILE DESIGNER
Largest movements
- Receivables within one year +€12,833
up €12,833 (+80.6%), from €15,917 to €28,750
of which Other amounts receivable: +€11,080
- Cash -€4,896
down €4,896 (-38.6%), from €12,692 to €7,795
mainly Receivables within one year (-€12,833) and Deferred charges and accrued income (-€61)
- Tangible fixed assets -€559
down €559 (-10.3%), from €5,446 to €4,887
- Reserves +€3,900
up €3,900 (+20.9%), from €18,660 to €22,560
- Tax, wage and social debts +€1,886
up €1,886 (+91.2%), from €2,069 to €3,955
- Short-term financial debts +€880
up €880 (+32.4%), from €2,720 to €3,600
- Trade debts +€614
up €614 (+18.1%), from €3,396 to €4,009
- Gross operating margin -€31,307
down €31,307 (-80.5%), from €38,879 to €7,572
- Taxes -€4,397
down €4,397 (-66.3%), from €6,632 to €2,236
- Depreciation +€417
up €417 (+294%), from €142 to €559
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 | €34,576 | €42,015 | +€7,439 | +21.5% |
| Fixed assets | 21/28 | €5,446 | €4,887 | -€559 | -10.3% |
| Tangible fixed assets | 22/27 | €5,446 | €4,887 | -€559 | -10.3% |
| Other tangible fixed assets | 26 | €5,446 | €4,887 | -€559 | -10.3% |
| Current assets | 29/58 | €29,130 | €37,127 | +€7,998 | +27.5% |
| Amounts receivable within one year | 40/41 | €15,917 | €28,750 | +€12,833 | +80.6% |
| Trade receivables | 40 | - | €1,753 | +€1,753 | |
| Other amounts receivable | 41 | €15,917 | €26,997 | +€11,080 | +69.6% |
| Cash at bank and in hand | 54/58 | €12,692 | €7,795 | -€4,896 | -38.6% |
| Deferred charges and accrued income | 490/1 | €521 | €582 | +€61 | +11.7% |
| Total equity and liabilities | 10/49 | €34,576 | €42,015 | +€7,439 | +21.5% |
| Equity | 10/15 | €24,911 | €28,875 | +€3,964 | +15.9% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Contributions outside capital | 11 | €6,205 | €6,205 | = | 0.0% |
| Other | 1109/19 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €18,660 | €22,560 | +€3,900 | +20.9% |
| Distributable reserves | 133 | €18,660 | €22,560 | +€3,900 | +20.9% |
| Profit (loss) carried forward | 14 | €45 | €110 | +€64 | +141% |
| Amounts payable | 17/49 | €9,665 | €13,140 | +€3,475 | +36.0% |
| Amounts payable within one year | 42/48 | €8,185 | €11,565 | +€3,380 | +41.3% |
| Financial debts | 43 | €2,720 | €3,600 | +€880 | +32.4% |
| Credit institutions | 430/8 | €2,720 | €3,600 | +€880 | +32.4% |
| Trade debts | 44 | €3,396 | €4,009 | +€614 | +18.1% |
| Suppliers | 440/4 | €3,396 | €4,009 | +€614 | +18.1% |
| Taxes, remuneration and social security | 45 | €2,069 | €3,955 | +€1,886 | +91.2% |
| Taxes | 450/3 | €2,069 | €3,955 | +€1,886 | +91.2% |
| Accrued charges and deferred income | 492/3 | €1,480 | €1,575 | +€95 | +6.4% |
| Non-recurring operating income | 76A | - | €1,480 | +€1,480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €559 | +€417 | +294% |
| Other operating charges | 640/8 | €481 | €645 | +€164 | +34.1% |
| Gross operating margin | 9900 | €38,879 | €7,572 | -€31,307 | -80.5% |
| Operating profit (loss) | 9901 | €38,256 | €6,368 | -€31,887 | -83.4% |
| Financial income | 75/76B | €1 | €1 | +€1 | +108% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +108% |
| Financial charges | 65/66B | €153 | €169 | +€16 | +10.6% |
| Recurring financial charges | 65 | €153 | €169 | +€16 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €38,103 | €6,200 | -€31,903 | -83.7% |
| Income taxes | 67/77 | €6,632 | €2,236 | -€4,397 | -66.3% |
| Profit (loss) for the period | 9904 | €31,471 | €3,964 | -€27,506 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,471 | €3,964 | -€27,506 | -87.4% |
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 5 November 2026 via checked.be.