CHARLOTTE SIMPHAL: 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.
CHARLOTTE SIMPHAL
Largest movements
- Cash +€95,398
up €95,398 (+35.9%), from €265,546 to €360,945
mainly Net result for the year (+€193,666) and Tax, wage and social debts (+€61,038)
- Tangible fixed assets +€65,120
up €65,120 (+38.2%), from €170,536 to €235,657
of which Other tangible fixed assets: +€161,282
- Receivables within one year -€17,478
down €17,478 (-6.2%), from €283,413 to €265,936
of which Other amounts receivable: -€19,992
- Deferred charges and accrued income +€10,497
up €10,497 (+45.1%), from €23,263 to €33,760
- Reserves +€107,595
up €107,595 (+16.0%), from €673,367 to €780,962
of which Distributable reserves: +€107,595
- Tax, wage and social debts +€61,038
up €61,038 (+159%), from €38,491 to €99,529
- Trade debts -€10,594
down €10,594 (-80.8%), from €13,112 to €2,518
- Gross operating margin +€149,521
up €149,521 (+110%), from €135,922 to €285,443
- Taxes +€49,998
up €49,998 (+133%), from €37,685 to €87,683
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 | €742,759 | €896,297 | +€153,538 | +20.7% |
| Fixed assets | 21/28 | €170,536 | €235,657 | +€65,120 | +38.2% |
| Tangible fixed assets | 22/27 | €170,536 | €235,657 | +€65,120 | +38.2% |
| Furniture and vehicles | 24 | €156,346 | €60,185 | -€96,161 | -61.5% |
| Other tangible fixed assets | 26 | €14,190 | €175,471 | +€161,282 | +1,137% |
| Current assets | 29/58 | €572,223 | €660,641 | +€88,418 | +15.5% |
| Amounts receivable within one year | 40/41 | €283,413 | €265,936 | -€17,478 | -6.2% |
| Trade receivables | 40 | - | €2,515 | +€2,515 | |
| Other amounts receivable | 41 | €283,413 | €263,421 | -€19,992 | -7.1% |
| Cash at bank and in hand | 54/58 | €265,546 | €360,945 | +€95,398 | +35.9% |
| Deferred charges and accrued income | 490/1 | €23,263 | €33,760 | +€10,497 | +45.1% |
| Total equity and liabilities | 10/49 | €742,759 | €896,297 | +€153,538 | +20.7% |
| Equity | 10/15 | €686,656 | €794,251 | +€107,595 | +15.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €673,367 | €780,962 | +€107,595 | +16.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €671,507 | €779,102 | +€107,595 | +16.0% |
| Profit (loss) carried forward | 14 | €888 | €888 | = | 0.0% |
| Amounts payable | 17/49 | €56,103 | €102,046 | +€45,943 | +81.9% |
| Amounts payable within one year | 42/48 | €52,603 | €102,046 | +€49,443 | +94.0% |
| Trade debts | 44 | €13,112 | €2,518 | -€10,594 | -80.8% |
| Suppliers | 440/4 | €13,112 | €2,518 | -€10,594 | -80.8% |
| Taxes, remuneration and social security | 45 | €38,491 | €99,529 | +€61,038 | +159% |
| Taxes | 450/3 | €38,491 | €99,529 | +€61,038 | +159% |
| Other amounts payable | 47/48 | €1,000 | €0 | -€1,000 | -100% |
| Accrued charges and deferred income | 492/3 | €3,500 | €0 | -€3,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,182 | €16,109 | +€927 | +6.1% |
| Other operating charges | 640/8 | €857 | €400 | -€457 | -53.3% |
| Gross operating margin | 9900 | €135,922 | €285,443 | +€149,521 | +110% |
| Operating profit (loss) | 9901 | €119,883 | €268,933 | +€149,050 | +124% |
| Financial income | 75/76B | €10,967 | €13,097 | +€2,130 | +19.4% |
| Recurring financial income | 75 | €10,967 | €13,097 | +€2,130 | +19.4% |
| Financial charges | 65/66B | €771 | €681 | -€90 | -11.7% |
| Recurring financial charges | 65 | €771 | €681 | -€90 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €130,078 | €281,349 | +€151,271 | +116% |
| Income taxes | 67/77 | €37,685 | €87,683 | +€49,998 | +133% |
| Profit (loss) for the period | 9904 | €92,394 | €193,666 | +€101,273 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €92,394 | €193,666 | +€101,273 | +110% |
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 18 October 2026 via checked.be.