THE PRETTY SMILE: what changed
THE PRETTY SMILE
Largest movements
- Receivables within one year +€35,729
up €35,729 (+78.5%), from €45,528 to €81,258
of which Trade receivables: +€32,342
- Cash -€18,205
down €18,205 (-95.8%), from €18,996 to €791
mainly Receivables within one year (-€35,729) and Contributions, distributions and other (-€23,600)
- Deferred charges and accrued income +€3,361
new in 2025: €3,361
- Other debts +€13,600
up €13,600 (+90.7%), from €15,000 to €28,600
- Trade debts +€4,928
up €4,928 (+110%), from €4,491 to €9,419
- Profit (loss) carried forward +€4,646
up €4,646 (+17.7%), from €26,238 to €30,884
- Tax, wage and social debts -€2,676
down €2,676 (-11.3%), from €23,772 to €21,096
- Gross operating margin +€11,193
up €11,193 (+32.7%), from €34,207 to €45,400
- Taxes +€3,324
up €3,324 (+42.1%), from €7,892 to €11,216
- Other operating charges +€1,082
up €1,082 (+49.6%), from €2,179 to €3,261
- Financial income +€493
new in 2025: €493
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,811 | €93,223 | +€20,412 | +28.0% |
| Formation expenses | 20 | €383 | €150 | -€234 | -60.9% |
| Fixed assets | 21/28 | €7,904 | €7,664 | -€240 | -3.0% |
| Tangible fixed assets | 22/27 | €7,904 | €7,664 | -€240 | -3.0% |
| Furniture and vehicles | 24 | €754 | €514 | -€240 | -31.8% |
| Other tangible fixed assets | 26 | €7,150 | €7,150 | = | 0.0% |
| Current assets | 29/58 | €64,524 | €85,409 | +€20,885 | +32.4% |
| Amounts receivable within one year | 40/41 | €45,528 | €81,258 | +€35,729 | +78.5% |
| Trade receivables | 40 | €35,154 | €67,496 | +€32,342 | +92.0% |
| Other amounts receivable | 41 | €10,375 | €13,762 | +€3,387 | +32.6% |
| Cash at bank and in hand | 54/58 | €18,996 | €791 | -€18,205 | -95.8% |
| Deferred charges and accrued income | 490/1 | - | €3,361 | +€3,361 | |
| Total equity and liabilities | 10/49 | €72,811 | €93,223 | +€20,412 | +28.0% |
| Equity | 10/15 | €29,238 | €33,884 | +€4,646 | +15.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,238 | €30,884 | +€4,646 | +17.7% |
| Amounts payable | 17/49 | €43,573 | €59,339 | +€15,766 | +36.2% |
| Amounts payable within one year | 42/48 | €43,573 | €59,339 | +€15,766 | +36.2% |
| Financial debts | 43 | €311 | €225 | -€86 | -27.6% |
| Credit institutions | 430/8 | €311 | €225 | -€86 | -27.6% |
| Trade debts | 44 | €4,491 | €9,419 | +€4,928 | +110% |
| Suppliers | 440/4 | €4,491 | €9,419 | +€4,928 | +110% |
| Taxes, remuneration and social security | 45 | €23,772 | €21,096 | -€2,676 | -11.3% |
| Taxes | 450/3 | €23,772 | €21,096 | -€2,676 | -11.3% |
| Other amounts payable | 47/48 | €15,000 | €28,600 | +€13,600 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €473 | = | 0.0% |
| Other operating charges | 640/8 | €2,179 | €3,261 | +€1,082 | +49.6% |
| Gross operating margin | 9900 | €34,207 | €45,400 | +€11,193 | +32.7% |
| Operating profit (loss) | 9901 | €31,555 | €41,666 | +€10,111 | +32.0% |
| Financial income | 75/76B | - | €493 | +€493 | |
| Recurring financial income | 75 | - | €493 | +€493 | |
| Financial charges | 65/66B | €3,014 | €2,697 | -€317 | -10.5% |
| Recurring financial charges | 65 | €3,014 | €2,697 | -€317 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €28,541 | €39,462 | +€10,921 | +38.3% |
| Income taxes | 67/77 | €7,892 | €11,216 | +€3,324 | +42.1% |
| Profit (loss) for the period | 9904 | €20,649 | €28,246 | +€7,597 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,649 | €28,246 | +€7,597 | +36.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.