SmileinProgress: 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.
SmileinProgress
Largest movements
- Tangible fixed assets +€264,286
up €264,286 (+5098.9%), from €5,183 to €269,469
of which Land and buildings: +€224,513
- Receivables within one year +€15,458
up €15,458 (+71.0%), from €21,785 to €37,244
of which Trade receivables: +€15,330
- Cash +€10,624
up €10,624 (+29.3%), from €36,285 to €46,909
mainly Debts after one year (+€225,603) and Net result for the year (+€30,898)
- Debts after one year +€225,603
new in 2025: €225,603
- Profit (loss) carried forward +€30,898
up €30,898 (+57.9%), from €53,342 to €84,240
- Current portion of long-term debt +€18,475
new in 2025: €18,475
- Trade debts +€8,877
up €8,877 (+244.6%), from €3,629 to €12,507
- Tax, wage and social debts +€4,406
up €4,406 (+69.8%), from €6,309 to €10,715
of which Remuneration and social security: +€2,400
- Gross operating margin +€24,890
up €24,890 (+51.5%), from €48,308 to €73,198
- Other operating charges +€19,932
up €19,932 (+1422.5%), from €1,401 to €21,333
- Depreciation +€4,199
up €4,199 (+181.0%), from €2,320 to €6,519
- Financial charges +€2,403
up €2,403 (+150.0%), from €1,601 to €4,004
- Taxes -€1,923
down €1,923 (-18.8%), from €10,238 to €8,315
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 | €68,280 | €358,740 | +€290,460 | +425.4% |
| Fixed assets | 21/28 | €5,183 | €269,469 | +€264,286 | +5098.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €5,183 | €269,469 | +€264,286 | +5098.9% |
| Land and buildings | 22 | - | €224,513 | +€224,513 | |
| Plant, machinery and equipment | 23 | €1,754 | €41,512 | +€39,758 | +2266.9% |
| Furniture and vehicles | 24 | €1,166 | €2,266 | +€1,100 | +94.3% |
| Other tangible fixed assets | 26 | €2,263 | €1,179 | -€1,085 | -47.9% |
| Current assets | 29/58 | €63,097 | €89,272 | +€26,174 | +41.5% |
| Stocks and contracts in progress | 3 | €3,431 | €3,907 | +€476 | +13.9% |
| Stocks | 30/36 | €3,431 | €3,907 | +€476 | +13.9% |
| Amounts receivable within one year | 40/41 | €21,785 | €37,244 | +€15,458 | +71.0% |
| Trade receivables | 40 | €14,320 | €29,649 | +€15,330 | +107.1% |
| Other amounts receivable | 41 | €7,466 | €7,594 | +€129 | +1.7% |
| Cash at bank and in hand | 54/58 | €36,285 | €46,909 | +€10,624 | +29.3% |
| Deferred charges and accrued income | 490/1 | €1,595 | €1,212 | -€384 | -24.1% |
| Total equity and liabilities | 10/49 | €68,280 | €358,740 | +€290,460 | +425.4% |
| Equity | 10/15 | €58,342 | €89,240 | +€30,898 | +53.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,342 | €84,240 | +€30,898 | +57.9% |
| Amounts payable | 17/49 | €9,938 | €269,500 | +€259,562 | +2611.7% |
| Amounts payable after more than one year | 17 | - | €225,603 | +€225,603 | |
| Financial debts | 170/4 | - | €225,603 | +€225,603 | |
| Amounts payable within one year | 42/48 | €9,938 | €43,897 | +€33,959 | +341.7% |
| Current portion of amounts payable after more than one year | 42 | - | €18,475 | +€18,475 | |
| Trade debts | 44 | €3,629 | €12,507 | +€8,877 | +244.6% |
| Suppliers | 440/4 | €3,629 | €12,507 | +€8,877 | +244.6% |
| Taxes, remuneration and social security | 45 | €6,309 | €10,715 | +€4,406 | +69.8% |
| Taxes | 450/3 | €6,309 | €8,315 | +€2,006 | +31.8% |
| Remuneration and social security | 454/9 | €0 | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €0 | €2,200 | +€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,320 | €6,519 | +€4,199 | +181.0% |
| Other operating charges | 640/8 | €1,401 | €21,333 | +€19,932 | +1422.5% |
| Non-recurring operating charges | 66A | - | €2,263 | +€2,263 | |
| Gross operating margin | 9900 | €48,308 | €73,198 | +€24,890 | +51.5% |
| Operating profit (loss) | 9901 | €44,586 | €43,082 | -€1,504 | -3.4% |
| Financial income | 75/76B | €288 | €136 | -€152 | -52.9% |
| Recurring financial income | 75 | €288 | €136 | -€152 | -52.9% |
| Financial charges | 65/66B | €1,601 | €4,004 | +€2,403 | +150.0% |
| Recurring financial charges | 65 | €1,601 | €4,004 | +€2,403 | +150.0% |
| Profit (loss) for the period before taxes | 9903 | €43,273 | €39,213 | -€4,060 | -9.4% |
| Income taxes | 67/77 | €10,238 | €8,315 | -€1,923 | -18.8% |
| Profit (loss) for the period | 9904 | €33,035 | €30,898 | -€2,137 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,035 | €30,898 | -€2,137 | -6.5% |
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 29 September 2026 via checked.be.