I-Simplify: 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.
I-Simplify
Largest movements
- Cash -€36,005
down €36,005 (-31.3%), from €115,128 to €79,123
mainly Contributions, distributions and other (-€200,000) and Current investments (-€15,300)
- Current investments +€15,300
up €15,300 (+52.9%), from €28,900 to €44,200
- Reserves -€131,399
down €131,399 (-37.7%), from €348,669 to €217,270
of which Distributable reserves: -€131,399
- Other debts +€102,122
up €102,122, from €0 to €102,122
- Tax, wage and social debts +€11,572
up €11,572 (+69.8%), from €16,578 to €28,150
of which Taxes: +€6,773
- Gross operating margin +€19,815
up €19,815 (+16.6%), from €119,417 to €139,233
- Staff costs +€16,511
up €16,511 (+66.2%), from €24,959 to €41,471
- Other operating charges +€4,891
up €4,891 (+315%), from €1,551 to €6,442
- Financial charges +€4,288
up €4,288 (+647%), from €663 to €4,951
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 | €395,503 | €374,943 | -€20,561 | -5.2% |
| Fixed assets | 21/28 | €4,386 | €4,050 | -€335 | -7.6% |
| Tangible fixed assets | 22/27 | €4,136 | €3,800 | -€335 | -8.1% |
| Furniture and vehicles | 24 | €4,136 | €3,800 | -€335 | -8.1% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €391,118 | €370,893 | -€20,225 | -5.2% |
| Amounts receivable within one year | 40/41 | €245,241 | €245,098 | -€143 | -0.1% |
| Trade receivables | 40 | €185,530 | €242,563 | +€57,033 | +30.7% |
| Other amounts receivable | 41 | €59,710 | €2,535 | -€57,175 | -95.8% |
| Current investments | 50/53 | €28,900 | €44,200 | +€15,300 | +52.9% |
| Cash at bank and in hand | 54/58 | €115,128 | €79,123 | -€36,005 | -31.3% |
| Deferred charges and accrued income | 490/1 | €1,849 | €2,471 | +€622 | +33.7% |
| Total equity and liabilities | 10/49 | €395,503 | €374,943 | -€20,561 | -5.2% |
| Equity | 10/15 | €367,219 | €235,820 | -€131,399 | -35.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €348,669 | €217,270 | -€131,399 | -37.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €348,669 | €217,270 | -€131,399 | -37.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €28,285 | €139,123 | +€110,838 | +392% |
| Amounts payable within one year | 42/48 | €28,199 | €139,123 | +€110,924 | +393% |
| Trade debts | 44 | €11,621 | €8,851 | -€2,770 | -23.8% |
| Suppliers | 440/4 | €11,621 | €8,851 | -€2,770 | -23.8% |
| Taxes, remuneration and social security | 45 | €16,578 | €28,150 | +€11,572 | +69.8% |
| Taxes | 450/3 | €13,860 | €20,633 | +€6,773 | +48.9% |
| Remuneration and social security | 454/9 | €2,718 | €7,517 | +€4,799 | +177% |
| Other amounts payable | 47/48 | €0 | €102,122 | +€102,122 | |
| Accrued charges and deferred income | 492/3 | €86 | €0 | -€86 | -100% |
| Remuneration, social security and pensions | 62 | €24,959 | €41,471 | +€16,511 | +66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,820 | €1,979 | +€159 | +8.7% |
| Other operating charges | 640/8 | €1,551 | €6,442 | +€4,891 | +315% |
| Gross operating margin | 9900 | €119,417 | €139,233 | +€19,815 | +16.6% |
| Operating profit (loss) | 9901 | €91,086 | €89,340 | -€1,746 | -1.9% |
| Financial income | 75/76B | €5,966 | €5,608 | -€358 | -6.0% |
| Recurring financial income | 75 | €5,966 | €5,608 | -€358 | -6.0% |
| Financial charges | 65/66B | €663 | €4,951 | +€4,288 | +647% |
| Recurring financial charges | 65 | €663 | €4,951 | +€4,288 | +647% |
| Profit (loss) for the period before taxes | 9903 | €96,389 | €89,997 | -€6,392 | -6.6% |
| Income taxes | 67/77 | €20,362 | €21,396 | +€1,033 | +5.1% |
| Profit (loss) for the period | 9904 | €76,026 | €68,601 | -€7,425 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €76,026 | €68,601 | -€7,425 | -9.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.