SmileLab: 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.
SmileLab
Largest movements
- Receivables within one year +€74,926
up €74,926 (+33.5%), from €223,512 to €298,438
of which Trade receivables: +€51,081
- Other debts +€42,836
up €42,836 (+27.0%), from €158,547 to €201,383
- Tax, wage and social debts +€19,240
up €19,240 (+64.5%), from €29,829 to €49,069
of which Taxes: +€17,052
- Profit (loss) carried forward +€17,875
up €17,875 (+51.5%), from €34,709 to €52,584
- Debts after one year -€12,301
down €12,301 (-10.8%), from €113,579 to €101,278
- Trade debts +€10,335
up €10,335 (+12.3%), from €83,859 to €94,194
- Gross operating margin +€71,441
up €71,441 (+29.1%), from €245,444 to €316,885
- Staff costs +€52,745
up €52,745 (+30.2%), from €174,563 to €227,308
- Depreciation +€11,722
up €11,722 (+28.5%), from €41,072 to €52,794
- Other operating charges -€8,015
down €8,015 (-97.0%), from €8,259 to €244
- Taxes +€6,112
up €6,112 (+327.2%), from €1,868 to €7,980
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 | €437,344 | €515,809 | +€78,465 | +17.9% |
| Fixed assets | 21/28 | €188,030 | €192,644 | +€4,614 | +2.5% |
| Tangible fixed assets | 22/27 | €188,030 | €192,644 | +€4,614 | +2.5% |
| Land and buildings | 22 | €5,171 | €4,562 | -€609 | -11.8% |
| Plant, machinery and equipment | 23 | €112,150 | €125,703 | +€13,553 | +12.1% |
| Furniture and vehicles | 24 | €18,434 | €13,206 | -€5,228 | -28.4% |
| Other tangible fixed assets | 26 | €52,275 | €49,173 | -€3,102 | -5.9% |
| Current assets | 29/58 | €249,314 | €323,165 | +€73,851 | +29.6% |
| Amounts receivable within one year | 40/41 | €223,512 | €298,438 | +€74,926 | +33.5% |
| Trade receivables | 40 | €219,417 | €270,498 | +€51,081 | +23.3% |
| Other amounts receivable | 41 | €4,095 | €27,940 | +€23,845 | +582.3% |
| Cash at bank and in hand | 54/58 | €25,736 | €24,727 | -€1,009 | -3.9% |
| Deferred charges and accrued income | 490/1 | €66 | - | -€66 | |
| Total equity and liabilities | 10/49 | €437,344 | €515,809 | +€78,465 | +17.9% |
| Equity | 10/15 | €39,709 | €57,584 | +€17,875 | +45.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,709 | €52,584 | +€17,875 | +51.5% |
| Amounts payable | 17/49 | €397,635 | €458,225 | +€60,590 | +15.2% |
| Amounts payable after more than one year | 17 | €113,579 | €101,278 | -€12,301 | -10.8% |
| Financial debts | 170/4 | €113,579 | €101,278 | -€12,301 | -10.8% |
| Amounts payable within one year | 42/48 | €284,056 | €356,947 | +€72,891 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €11,821 | €12,301 | +€480 | +4.1% |
| Trade debts | 44 | €83,859 | €94,194 | +€10,335 | +12.3% |
| Suppliers | 440/4 | €83,859 | €94,194 | +€10,335 | +12.3% |
| Taxes, remuneration and social security | 45 | €29,829 | €49,069 | +€19,240 | +64.5% |
| Taxes | 450/3 | €2,614 | €19,666 | +€17,052 | +652.3% |
| Remuneration and social security | 454/9 | €27,215 | €29,403 | +€2,188 | +8.0% |
| Other amounts payable | 47/48 | €158,547 | €201,383 | +€42,836 | +27.0% |
| Remuneration, social security and pensions | 62 | €174,563 | €227,308 | +€52,745 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,072 | €52,794 | +€11,722 | +28.5% |
| Other operating charges | 640/8 | €8,259 | €244 | -€8,015 | -97.0% |
| Gross operating margin | 9900 | €245,444 | €316,885 | +€71,441 | +29.1% |
| Operating profit (loss) | 9901 | €21,550 | €36,539 | +€14,989 | +69.6% |
| Financial income | 75/76B | €20 | €119 | +€99 | +495.0% |
| Recurring financial income | 75 | €20 | €119 | +€99 | +495.0% |
| Financial charges | 65/66B | €12,143 | €10,803 | -€1,340 | -11.0% |
| Recurring financial charges | 65 | €12,143 | €10,803 | -€1,340 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €9,427 | €25,855 | +€16,428 | +174.3% |
| Income taxes | 67/77 | €1,868 | €7,980 | +€6,112 | +327.2% |
| Profit (loss) for the period | 9904 | €7,559 | €17,875 | +€10,316 | +136.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,559 | €17,875 | +€10,316 | +136.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.