SMILLA: 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.
SMILLA
Largest movements
- Cash +€23,146
up €23,146 (+175.3%), from €13,204 to €36,349
mainly Net result for the year (+€22,382) and Deferred charges and accrued income (+€14,005)
- Receivables within one year +€16,105
up €16,105 (+99.3%), from €16,215 to €32,320
of which Trade receivables: +€15,016
- Deferred charges and accrued income -€14,005
down €14,005 (-98.2%), from €14,261 to €257
- Reserves +€21,549
up €21,549 (+68.8%), from €31,309 to €52,858
- Tax, wage and social debts +€3,381
up €3,381 (+38.8%), from €8,723 to €12,103
of which Taxes: +€3,381
- Trade debts -€1,377
down €1,377 (-55.8%), from €2,466 to €1,089
- Gross operating margin -€10,541
down €10,541 (-26.2%), from €40,171 to €29,630
- Taxes -€2,137
down €2,137 (-26.4%), from €8,100 to €5,963
- Depreciation +€612
up €612 (+3227.6%), from €19 to €631
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 | €45,553 | €70,168 | +€24,615 | +54.0% |
| Fixed assets | 21/28 | €1,873 | €1,242 | -€631 | -33.7% |
| Tangible fixed assets | 22/27 | €1,873 | €1,242 | -€631 | -33.7% |
| Furniture and vehicles | 24 | €1,873 | €1,242 | -€631 | -33.7% |
| Current assets | 29/58 | €43,680 | €68,926 | +€25,246 | +57.8% |
| Amounts receivable within one year | 40/41 | €16,215 | €32,320 | +€16,105 | +99.3% |
| Trade receivables | 40 | €16,214 | €31,230 | +€15,016 | +92.6% |
| Other amounts receivable | 41 | €1 | €1,090 | +€1,089 | +162523.9% |
| Cash at bank and in hand | 54/58 | €13,204 | €36,349 | +€23,146 | +175.3% |
| Deferred charges and accrued income | 490/1 | €14,261 | €257 | -€14,005 | -98.2% |
| Total equity and liabilities | 10/49 | €45,553 | €70,168 | +€24,615 | +54.0% |
| Equity | 10/15 | €34,309 | €55,858 | +€21,549 | +62.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,309 | €52,858 | +€21,549 | +68.8% |
| Distributable reserves | 133 | €31,309 | €52,858 | +€21,549 | +68.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,244 | €14,310 | +€3,066 | +27.3% |
| Amounts payable within one year | 42/48 | €11,244 | €13,775 | +€2,531 | +22.5% |
| Trade debts | 44 | €2,466 | €1,089 | -€1,377 | -55.8% |
| Suppliers | 440/4 | €2,466 | €1,089 | -€1,377 | -55.8% |
| Taxes, remuneration and social security | 45 | €8,723 | €12,103 | +€3,381 | +38.8% |
| Taxes | 450/3 | €6,623 | €10,003 | +€3,381 | +51.0% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €56 | €583 | +€527 | +941.1% |
| Accrued charges and deferred income | 492/3 | - | €536 | +€536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19 | €631 | +€612 | +3227.6% |
| Other operating charges | 640/8 | €185 | €112 | -€73 | -39.3% |
| Gross operating margin | 9900 | €40,171 | €29,630 | -€10,541 | -26.2% |
| Operating profit (loss) | 9901 | €39,968 | €28,888 | -€11,080 | -27.7% |
| Financial charges | 65/66B | €560 | €542 | -€17 | -3.1% |
| Recurring financial charges | 65 | €560 | €542 | -€17 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €39,408 | €28,345 | -€11,063 | -28.1% |
| Income taxes | 67/77 | €8,100 | €5,963 | -€2,137 | -26.4% |
| Profit (loss) for the period | 9904 | €31,309 | €22,382 | -€8,927 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,309 | €22,382 | -€8,927 | -28.5% |
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 7 October 2026 via checked.be.