fsimpelaere: 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.
fsimpelaere
Largest movements
- Tangible fixed assets +€65,857
up €65,857 (+210.4%), from €31,307 to €97,164
of which Furniture and vehicles: +€67,230
- Cash +€4,904
up €4,904 (+2.9%), from €170,171 to €175,075
mainly Other debts (+€82,719) and Net result for the year (+€82,719)
- Receivables within one year +€3,764
new in 2025: €3,764
- Other debts +€82,719
new in 2025: €82,719
- Tax, wage and social debts -€7,853
down €7,853 (-34.2%), from €22,936 to €15,083
of which Taxes: -€6,498
- Gross operating margin +€13,926
up €13,926 (+12.5%), from €111,370 to €125,296
- Taxes -€5,625
down €5,625 (-18.8%), from €29,861 to €24,236
- Depreciation +€3,869
up €3,869 (+33.8%), from €11,454 to €15,323
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 | €201,478 | €276,003 | +€74,525 | +37.0% |
| Fixed assets | 21/28 | €31,307 | €97,164 | +€65,857 | +210.4% |
| Tangible fixed assets | 22/27 | €31,307 | €97,164 | +€65,857 | +210.4% |
| Furniture and vehicles | 24 | €6,589 | €73,819 | +€67,230 | +1020.3% |
| Other tangible fixed assets | 26 | €24,718 | €23,345 | -€1,373 | -5.6% |
| Current assets | 29/58 | €170,171 | €178,839 | +€8,668 | +5.1% |
| Amounts receivable within one year | 40/41 | - | €3,764 | +€3,764 | |
| Other amounts receivable | 41 | - | €3,764 | +€3,764 | |
| Cash at bank and in hand | 54/58 | €170,171 | €175,075 | +€4,904 | +2.9% |
| Total equity and liabilities | 10/49 | €201,478 | €276,003 | +€74,525 | +37.0% |
| Equity | 10/15 | €177,911 | €177,911 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €172,911 | €172,911 | = | 0.0% |
| Distributable reserves | 133 | €172,911 | €172,911 | = | 0.0% |
| Amounts payable | 17/49 | €23,567 | €98,092 | +€74,525 | +316.2% |
| Amounts payable within one year | 42/48 | €23,567 | €98,092 | +€74,525 | +316.2% |
| Trade debts | 44 | €631 | €291 | -€340 | -53.9% |
| Suppliers | 440/4 | €631 | €291 | -€340 | -53.9% |
| Taxes, remuneration and social security | 45 | €22,936 | €15,083 | -€7,853 | -34.2% |
| Taxes | 450/3 | €21,581 | €15,083 | -€6,498 | -30.1% |
| Remuneration and social security | 454/9 | €1,355 | - | -€1,355 | |
| Other amounts payable | 47/48 | - | €82,719 | +€82,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,454 | €15,323 | +€3,869 | +33.8% |
| Other operating charges | 640/8 | €2,483 | €3,018 | +€535 | +21.6% |
| Gross operating margin | 9900 | €111,370 | €125,296 | +€13,926 | +12.5% |
| Operating profit (loss) | 9901 | €97,433 | €106,954 | +€9,521 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €97,433 | €106,954 | +€9,521 | +9.8% |
| Income taxes | 67/77 | €29,861 | €24,236 | -€5,625 | -18.8% |
| Profit (loss) for the period | 9904 | €67,572 | €82,719 | +€15,147 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,572 | €82,719 | +€15,147 | +22.4% |
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.