SMILE SCHOOL: what changed
Two financial 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 SCHOOL
Largest movements
- Cash +€5,752
up €5,752 (+161%), from €3,580 to €9,332
mainly Receivables within one year (+€5,067) and Other debts (+€3,976)
- Receivables within one year -€5,067
down €5,067 (-24.5%), from €20,705 to €15,638
of which Trade receivables: -€5,052
- Tangible fixed assets -€792
down €792 (-70.6%), from €1,122 to €330
- Deferred charges and accrued income -€636
down €636 (-96.3%), from €661 to €25
- Trade debts -€8,135
down €8,135 (-47.6%), from €17,081 to €8,946
- Other debts +€3,976
up €3,976 (+32.2%), from €12,348 to €16,324
- Profit (loss) carried forward +€2,991
up €2,991 (+22.1%), from -€13,562 to -€10,571
- Tax, wage and social debts +€426
new in 2025: €426
- Gross operating margin +€10,508
up €10,508, from -€5,977 to €4,531
- Other operating charges -€782
down €782 (-64.8%), from €1,207 to €425
- Financial charges +€220
up €220 (+211%), from €104 to €324
- Staff costs -€158
no longer reported in 2025 (was €158)
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.
Derived cash bridge
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 | €26,367 | €25,624 | -€743 | -2.8% |
| Fixed assets | 21/28 | €1,422 | €630 | -€792 | -55.7% |
| Tangible fixed assets | 22/27 | €1,122 | €330 | -€792 | -70.6% |
| Furniture and vehicles | 24 | €1,122 | €330 | -€792 | -70.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €24,945 | €24,995 | +€49 | +0.2% |
| Amounts receivable within one year | 40/41 | €20,705 | €15,638 | -€5,067 | -24.5% |
| Trade receivables | 40 | €20,685 | €15,633 | -€5,052 | -24.4% |
| Other amounts receivable | 41 | €20 | €5 | -€15 | -77.0% |
| Cash at bank and in hand | 54/58 | €3,580 | €9,332 | +€5,752 | +161% |
| Deferred charges and accrued income | 490/1 | €661 | €25 | -€636 | -96.3% |
| Total equity and liabilities | 10/49 | €26,367 | €25,624 | -€743 | -2.8% |
| Equity | 10/15 | -€3,062 | -€71 | +€2,991 | +97.7% |
| Contributions | 10/11 | €10,500 | €10,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,562 | -€10,571 | +€2,991 | +22.1% |
| Amounts payable | 17/49 | €29,429 | €25,695 | -€3,734 | -12.7% |
| Amounts payable within one year | 42/48 | €29,429 | €25,695 | -€3,734 | -12.7% |
| Trade debts | 44 | €17,081 | €8,946 | -€8,135 | -47.6% |
| Suppliers | 440/4 | €17,081 | €8,946 | -€8,135 | -47.6% |
| Taxes, remuneration and social security | 45 | - | €426 | +€426 | |
| Taxes | 450/3 | - | €426 | +€426 | |
| Other amounts payable | 47/48 | €12,348 | €16,324 | +€3,976 | +32.2% |
| Remuneration, social security and pensions | 62 | €158 | - | -€158 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €792 | €792 | = | 0.0% |
| Other operating charges | 640/8 | €1,207 | €425 | -€782 | -64.8% |
| Gross operating margin | 9900 | -€5,977 | €4,531 | +€10,508 | |
| Operating profit (loss) | 9901 | -€8,135 | €3,315 | +€11,449 | |
| Financial income | 75/76B | €31 | - | -€31 | |
| Recurring financial income | 75 | €31 | - | -€31 | |
| Financial charges | 65/66B | €104 | €324 | +€220 | +211% |
| Recurring financial charges | 65 | €104 | €324 | +€220 | +211% |
| Profit (loss) for the period before taxes | 9903 | -€8,207 | €2,991 | +€11,198 | |
| Profit (loss) for the period | 9904 | -€8,207 | €2,991 | +€11,198 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,207 | €2,991 | +€11,198 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.