VV Smile SRL: 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.
VV Smile SRL
Largest movements
- Cash +€69,033
up €69,033 (+16,106%), from €429 to €69,462
mainly Depreciation (+€58,270) and Trade debts (+€46,111)
- Receivables within one year +€15,608
up €15,608 (+332%), from €4,703 to €20,311
- Trade debts +€46,111
up €46,111 (+4,145%), from €1,113 to €47,224
- Debts after one year +€22,414
up €22,414 (+10.5%), from €213,387 to €235,800
of which Financial debts: +€22,414
- Tax, wage and social debts +€16,050
up €16,050 (+252%), from €6,380 to €22,430
of which Remuneration and social security: +€15,104
- Profit (loss) carried forward -€11,108
down €11,108 (-12.8%), from €86,861 to €75,753
- Current portion of long-term debt +€7,399
up €7,399 (+46.5%), from €15,917 to €23,316
- Staff costs +€57,159
up €57,159 (+958%), from €5,967 to €63,127
- Depreciation +€25,408
up €25,408 (+77.3%), from €32,862 to €58,270
- Gross operating margin +€19,026
up €19,026 (+17.9%), from €106,391 to €125,417
- Taxes -€4,556
no longer reported in 2025 (was €4,556)
- Financial charges +€4,252
up €4,252 (+91.2%), from €4,661 to €8,913
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.
Derived cash bridge
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 | €427,534 | €509,753 | +€82,219 | +19.2% |
| Fixed assets | 21/28 | €421,280 | €416,289 | -€4,991 | -1.2% |
| Tangible fixed assets | 22/27 | €420,792 | €415,801 | -€4,991 | -1.2% |
| Land and buildings | 22 | €129,660 | €115,716 | -€13,944 | -10.8% |
| Plant, machinery and equipment | 23 | €252,975 | €224,788 | -€28,187 | -11.1% |
| Furniture and vehicles | 24 | €9,856 | €52,948 | +€43,093 | +437% |
| Leasing and similar rights | 25 | €28,302 | €22,349 | -€5,953 | -21.0% |
| Financial fixed assets | 28 | €488 | €488 | = | 0.0% |
| Current assets | 29/58 | €6,255 | €93,465 | +€87,210 | +1,394% |
| Amounts receivable within one year | 40/41 | €4,703 | €20,311 | +€15,608 | +332% |
| Trade receivables | 40 | €4,703 | €20,311 | +€15,608 | +332% |
| Cash at bank and in hand | 54/58 | €429 | €69,462 | +€69,033 | +16,106% |
| Deferred charges and accrued income | 490/1 | €1,123 | €3,691 | +€2,568 | +229% |
| Total equity and liabilities | 10/49 | €427,534 | €509,753 | +€82,219 | +19.2% |
| Equity | 10/15 | €186,961 | €175,853 | -€11,108 | -5.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €50,100 | €50,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €45,100 | €45,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,861 | €75,753 | -€11,108 | -12.8% |
| Amounts payable | 17/49 | €240,574 | €333,900 | +€93,327 | +38.8% |
| Amounts payable after more than one year | 17 | €213,387 | €235,800 | +€22,414 | +10.5% |
| Financial debts | 170/4 | €205,407 | €227,820 | +€22,414 | +10.9% |
| Other amounts payable | 178/9 | €7,980 | €7,980 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,187 | €98,100 | +€70,913 | +261% |
| Current portion of amounts payable after more than one year | 42 | €15,917 | €23,316 | +€7,399 | +46.5% |
| Trade debts | 44 | €1,113 | €47,224 | +€46,111 | +4,145% |
| Suppliers | 440/4 | €1,113 | €47,224 | +€46,111 | +4,145% |
| Taxes, remuneration and social security | 45 | €6,380 | €22,430 | +€16,050 | +252% |
| Taxes | 450/3 | €4,724 | €5,670 | +€946 | +20.0% |
| Remuneration and social security | 454/9 | €1,656 | €16,760 | +€15,104 | +912% |
| Other amounts payable | 47/48 | €3,778 | €5,131 | +€1,353 | +35.8% |
| Remuneration, social security and pensions | 62 | €5,967 | €63,127 | +€57,159 | +958% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,862 | €58,270 | +€25,408 | +77.3% |
| Other operating charges | 640/8 | €6,060 | €6,215 | +€155 | +2.6% |
| Non-recurring operating charges | 66A | €7,074 | - | -€7,074 | |
| Gross operating margin | 9900 | €106,391 | €125,417 | +€19,026 | +17.9% |
| Operating profit (loss) | 9901 | €54,427 | -€2,195 | -€56,622 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.4% |
| Financial charges | 65/66B | €4,661 | €8,913 | +€4,252 | +91.2% |
| Recurring financial charges | 65 | €4,661 | €8,913 | +€4,252 | +91.2% |
| Profit (loss) for the period before taxes | 9903 | €49,766 | -€11,108 | -€60,874 | |
| Income taxes | 67/77 | €4,556 | - | -€4,556 | |
| Profit (loss) for the period | 9904 | €45,209 | -€11,108 | -€56,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,209 | -€11,108 | -€56,317 |
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 27 October 2026 via checked.be.