VITAL SMILE: what changed
VITAL SMILE
Largest movements
- Tangible fixed assets -€6,073
down €6,073 (-18.3%), from €33,192 to €27,119
of which Leasing and similar rights: -€9,811
- Profit (loss) carried forward +€16,802
up €16,802 (+24.0%), from €69,947 to €86,748
- Current portion of long-term debt -€8,644
down €8,644 (-63.6%), from €13,596 to €4,952
- Trade debts -€7,673
down €7,673 (-76.1%), from €10,079 to €2,406
- Debts after one year -€4,952
down €4,952 (-35.6%), from €13,923 to €8,971
- Other debts -€2,464
down €2,464 (-77.5%), from €3,180 to €716
- Gross operating margin -€43,488
down €43,488 (-55.5%), from €78,302 to €34,814
- Taxes -€14,767
down €14,767 (-86.9%), from €16,987 to €2,220
- Other operating charges -€1,100
down €1,100 (-28.2%), from €3,894 to €2,794
- Depreciation +€1,017
up €1,017 (+9.5%), from €10,720 to €11,737
- Financial charges -€899
down €899 (-40.2%), from €2,234 to €1,335
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 | €131,909 | €124,979 | -€6,931 | -5.3% |
| Fixed assets | 21/28 | €35,192 | €29,119 | -€6,073 | -17.3% |
| Tangible fixed assets | 22/27 | €33,192 | €27,119 | -€6,073 | -18.3% |
| Plant, machinery and equipment | 23 | €183 | - | -€183 | |
| Furniture and vehicles | 24 | €752 | €4,672 | +€3,921 | +522% |
| Leasing and similar rights | 25 | €32,258 | €22,447 | -€9,811 | -30.4% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €96,717 | €95,859 | -€858 | -0.9% |
| Amounts receivable within one year | 40/41 | €30,571 | €29,431 | -€1,140 | -3.7% |
| Trade receivables | 40 | €30,571 | €18,046 | -€12,526 | -41.0% |
| Other amounts receivable | 41 | - | €11,386 | +€11,386 | |
| Cash at bank and in hand | 54/58 | €65,126 | €65,434 | +€308 | +0.5% |
| Deferred charges and accrued income | 490/1 | €1,020 | €994 | -€26 | -2.5% |
| Total equity and liabilities | 10/49 | €131,909 | €124,979 | -€6,931 | -5.3% |
| Equity | 10/15 | €76,147 | €92,948 | +€16,802 | +22.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,947 | €86,748 | +€16,802 | +24.0% |
| Amounts payable | 17/49 | €55,763 | €32,030 | -€23,732 | -42.6% |
| Amounts payable after more than one year | 17 | €13,923 | €8,971 | -€4,952 | -35.6% |
| Financial debts | 170/4 | €13,923 | €8,971 | -€4,952 | -35.6% |
| Amounts payable within one year | 42/48 | €41,840 | €23,059 | -€18,780 | -44.9% |
| Current portion of amounts payable after more than one year | 42 | €13,596 | €4,952 | -€8,644 | -63.6% |
| Trade debts | 44 | €10,079 | €2,406 | -€7,673 | -76.1% |
| Suppliers | 440/4 | €10,079 | €2,406 | -€7,673 | -76.1% |
| Taxes, remuneration and social security | 45 | €14,985 | €14,985 | = | 0.0% |
| Taxes | 450/3 | €14,985 | €14,985 | = | 0.0% |
| Other amounts payable | 47/48 | €3,180 | €716 | -€2,464 | -77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,720 | €11,737 | +€1,017 | +9.5% |
| Other operating charges | 640/8 | €3,894 | €2,794 | -€1,100 | -28.2% |
| Gross operating margin | 9900 | €78,302 | €34,814 | -€43,488 | -55.5% |
| Operating profit (loss) | 9901 | €63,688 | €20,283 | -€43,405 | -68.2% |
| Financial income | 75/76B | - | €73 | +€73 | |
| Recurring financial income | 75 | - | €73 | +€73 | |
| Financial charges | 65/66B | €2,234 | €1,335 | -€899 | -40.2% |
| Recurring financial charges | 65 | €2,234 | €1,335 | -€899 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €61,454 | €19,021 | -€42,433 | -69.0% |
| Income taxes | 67/77 | €16,987 | €2,220 | -€14,767 | -86.9% |
| Profit (loss) for the period | 9904 | €44,467 | €16,802 | -€27,665 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €44,467 | €16,802 | -€27,665 | -62.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.