Keep It Simple Solutions: 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.
Keep It Simple Solutions
Largest movements
- Tangible fixed assets +€1,320
up €1,320 (+89.6%), from €1,473 to €2,793
- Receivables within one year -€587
down €587 (-54.9%), from €1,069 to €482
- Cash +€195
up €195 (+283%), from €69 to €264
mainly Other debts (+€11,157) and Depreciation (+€932)
- Other debts +€11,157
up €11,157 (+40.1%), from €27,818 to €38,975
- Profit (loss) carried forward -€9,887
down €9,887 (-25.0%), from -€39,533 to -€49,421
- Tax, wage and social debts -€441
down €441 (-51.3%), from €860 to €419
- Trade debts +€120
up €120, from €0 to €120
- Gross operating margin -€4,001
down €4,001 (-106%), from -€3,781 to -€7,782
- Depreciation +€301
up €301 (+47.6%), from €631 to €932
- Other operating charges -€170
down €170 (-32.3%), from €528 to €357
- Financial charges -€156
down €156 (-20.3%), from €769 to €612
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 | €3,321 | €4,269 | +€948 | +28.5% |
| Fixed assets | 21/28 | €1,473 | €2,793 | +€1,320 | +89.6% |
| Tangible fixed assets | 22/27 | €1,473 | €2,793 | +€1,320 | +89.6% |
| Plant, machinery and equipment | 23 | €1,473 | €2,793 | +€1,320 | +89.6% |
| Current assets | 29/58 | €1,848 | €1,475 | -€372 | -20.2% |
| Amounts receivable within one year | 40/41 | €1,069 | €482 | -€587 | -54.9% |
| Trade receivables | 40 | €1,069 | €482 | -€587 | -54.9% |
| Cash at bank and in hand | 54/58 | €69 | €264 | +€195 | +283% |
| Deferred charges and accrued income | 490/1 | €710 | €730 | +€20 | +2.8% |
| Total equity and liabilities | 10/49 | €3,321 | €4,269 | +€948 | +28.5% |
| Equity | 10/15 | -€25,357 | -€35,245 | -€9,887 | -39.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,176 | €11,176 | = | 0.0% |
| Distributable reserves | 133 | €11,176 | €11,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,533 | -€49,421 | -€9,887 | -25.0% |
| Amounts payable | 17/49 | €28,678 | €39,513 | +€10,835 | +37.8% |
| Amounts payable within one year | 42/48 | €28,678 | €39,513 | +€10,835 | +37.8% |
| Trade debts | 44 | €0 | €120 | +€120 | |
| Suppliers | 440/4 | €0 | €120 | +€120 | |
| Taxes, remuneration and social security | 45 | €860 | €419 | -€441 | -51.3% |
| Taxes | 450/3 | €860 | €419 | -€441 | -51.3% |
| Other amounts payable | 47/48 | €27,818 | €38,975 | +€11,157 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | €932 | +€301 | +47.6% |
| Other operating charges | 640/8 | €528 | €357 | -€170 | -32.3% |
| Gross operating margin | 9900 | -€3,781 | -€7,782 | -€4,001 | -106% |
| Operating profit (loss) | 9901 | -€4,940 | -€9,072 | -€4,131 | -83.6% |
| Financial income | 75/76B | €25 | €1 | -€24 | -97.9% |
| Recurring financial income | 75 | €25 | €1 | -€24 | -97.9% |
| Financial charges | 65/66B | €769 | €612 | -€156 | -20.3% |
| Recurring financial charges | 65 | €769 | €612 | -€156 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,684 | -€9,683 | -€3,999 | -70.4% |
| Income taxes | 67/77 | €207 | €204 | -€3 | -1.4% |
| Profit (loss) for the period | 9904 | -€5,891 | -€9,887 | -€3,996 | -67.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,891 | -€9,887 | -€3,996 | -67.8% |
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 28 October 2026 via checked.be.