Smile4ever: what changed
Two fiscal 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.
Smile4ever
Largest movements
- Cash -€25,226
down €25,226 (-49.2%), from €51,238 to €26,012
mainly Investment in fixed assets (net) (-€14,669) and Other debts (-€13,492)
- Tangible fixed assets +€12,784
up €12,784 (+602.6%), from €2,122 to €14,905
of which Land and buildings: +€7,806
- Receivables within one year +€4,706
new in 2025: €4,706
- Deferred charges and accrued income -€862
down €862 (-58.8%), from €1,466 to €603
- Reserves +€17,911
up €17,911 (+85.7%), from €20,893 to €38,805
- Other debts -€13,492
down €13,492 (-95.5%), from €14,127 to €635
- Tax, wage and social debts -€12,641
down €12,641 (-100.0%), from €12,641 to €0
of which Taxes: -€11,641
- Accrued charges and deferred income -€896
down €896 (-100.0%), from €896 to €0
- Gross operating margin -€35,504
down €35,504 (-52.6%), from €67,531 to €32,028
- Taxes -€9,792
down €9,792 (-48.8%), from €20,086 to €10,294
- Depreciation +€759
up €759 (+63.8%), from €1,189 to €1,949
- Other operating charges -€755
down €755 (-29.9%), from €2,528 to €1,773
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.
Cash bridge derived
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 | €54,888 | €46,226 | -€8,662 | -15.8% |
| Fixed assets | 21/28 | €2,185 | €14,905 | +€12,720 | +582.2% |
| Intangible fixed assets | 21 | €63 | €0 | -€63 | -100.0% |
| Tangible fixed assets | 22/27 | €2,122 | €14,905 | +€12,784 | +602.6% |
| Land and buildings | 22 | - | €7,806 | +€7,806 | |
| Plant, machinery and equipment | 23 | - | €1,971 | +€1,971 | |
| Furniture and vehicles | 24 | €2,122 | €5,129 | +€3,007 | +141.7% |
| Current assets | 29/58 | €52,703 | €31,321 | -€21,382 | -40.6% |
| Amounts receivable within one year | 40/41 | - | €4,706 | +€4,706 | |
| Other amounts receivable | 41 | - | €4,706 | +€4,706 | |
| Cash at bank and in hand | 54/58 | €51,238 | €26,012 | -€25,226 | -49.2% |
| Deferred charges and accrued income | 490/1 | €1,466 | €603 | -€862 | -58.8% |
| Total equity and liabilities | 10/49 | €54,888 | €46,226 | -€8,662 | -15.8% |
| Equity | 10/15 | €27,093 | €45,005 | +€17,911 | +66.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,893 | €38,805 | +€17,911 | +85.7% |
| Distributable reserves | 133 | €20,893 | €38,805 | +€17,911 | +85.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €27,795 | €1,222 | -€26,574 | -95.6% |
| Amounts payable within one year | 42/48 | €26,899 | €1,222 | -€25,678 | -95.5% |
| Trade debts | 44 | €131 | €586 | +€455 | +346.9% |
| Suppliers | 440/4 | €131 | €586 | +€455 | +346.9% |
| Taxes, remuneration and social security | 45 | €12,641 | €0 | -€12,641 | -100.0% |
| Taxes | 450/3 | €11,641 | €0 | -€11,641 | -100.0% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €14,127 | €635 | -€13,492 | -95.5% |
| Accrued charges and deferred income | 492/3 | €896 | €0 | -€896 | -100.0% |
| Non-recurring operating income | 76A | - | €3,750 | +€3,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,189 | €1,949 | +€759 | +63.8% |
| Other operating charges | 640/8 | €2,528 | €1,773 | -€755 | -29.9% |
| Non-recurring operating charges | 66A | €6,047 | €0 | -€6,047 | -100.0% |
| Gross operating margin | 9900 | €67,531 | €32,028 | -€35,504 | -52.6% |
| Operating profit (loss) | 9901 | €57,766 | €28,306 | -€29,461 | -51.0% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €70 | €104 | +€34 | +49.2% |
| Recurring financial charges | 65 | €70 | €104 | +€34 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €57,697 | €28,205 | -€29,491 | -51.1% |
| Income taxes | 67/77 | €20,086 | €10,294 | -€9,792 | -48.8% |
| Profit (loss) for the period | 9904 | €37,611 | €17,911 | -€19,699 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €37,611 | €17,911 | -€19,699 | -52.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.