KeepItSimple: 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.
KeepItSimple
Largest movements
- Cash +€76,026
up €76,026 (+44.4%), from €171,130 to €247,156
mainly Other debts (+€165,961) and Net result for the year (+€69,492)
- Receivables within one year -€13,178
down €13,178 (-43.4%), from €30,349 to €17,172
of which Trade receivables: -€15,311
- Other debts +€165,961
up €165,961 (+1,551%), from €10,698 to €176,658
- Profit (loss) carried forward -€130,508
down €130,508 (-95.3%), from €136,939 to €6,431
- Tax, wage and social debts +€26,332
up €26,332 (+75.8%), from €34,726 to €61,058
of which Taxes: +€26,332
- Gross operating margin -€16,916
down €16,916 (-15.3%), from €110,609 to €93,693
- Depreciation -€7,373
down €7,373 (-65.2%), from €11,301 to €3,927
- Taxes -€3,598
down €3,598 (-16.7%), from €21,607 to €18,008
- Financial charges +€1,166
up €1,166 (+781%), from €149 to €1,315
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 | €233,344 | €295,646 | +€62,302 | +26.7% |
| Fixed assets | 21/28 | €31,809 | €30,888 | -€921 | -2.9% |
| Tangible fixed assets | 22/27 | €31,809 | €30,888 | -€921 | -2.9% |
| Furniture and vehicles | 24 | €475 | €2,951 | +€2,476 | +522% |
| Other tangible fixed assets | 26 | €31,334 | €27,937 | -€3,397 | -10.8% |
| Current assets | 29/58 | €201,534 | €264,758 | +€63,223 | +31.4% |
| Amounts receivable within one year | 40/41 | €30,349 | €17,172 | -€13,178 | -43.4% |
| Trade receivables | 40 | €30,345 | €15,034 | -€15,311 | -50.5% |
| Other amounts receivable | 41 | €4 | €2,137 | +€2,133 | +47,930% |
| Cash at bank and in hand | 54/58 | €171,130 | €247,156 | +€76,026 | +44.4% |
| Deferred charges and accrued income | 490/1 | €55 | €429 | +€374 | +678% |
| Total equity and liabilities | 10/49 | €233,344 | €295,646 | +€62,302 | +26.7% |
| Equity | 10/15 | €186,839 | €56,331 | -€130,508 | -69.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,900 | €44,900 | = | 0.0% |
| Distributable reserves | 133 | €44,900 | €44,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,939 | €6,431 | -€130,508 | -95.3% |
| Amounts payable | 17/49 | €46,505 | €239,315 | +€192,810 | +415% |
| Amounts payable within one year | 42/48 | €46,505 | €239,315 | +€192,810 | +415% |
| Financial debts | 43 | €11 | €51 | +€40 | +364% |
| Credit institutions | 430/8 | €11 | €51 | +€40 | +364% |
| Trade debts | 44 | €1,070 | €1,548 | +€477 | +44.6% |
| Suppliers | 440/4 | €1,070 | €1,548 | +€477 | +44.6% |
| Taxes, remuneration and social security | 45 | €34,726 | €61,058 | +€26,332 | +75.8% |
| Taxes | 450/3 | €32,797 | €59,129 | +€26,332 | +80.3% |
| Remuneration and social security | 454/9 | €1,929 | €1,929 | = | 0.0% |
| Other amounts payable | 47/48 | €10,698 | €176,658 | +€165,961 | +1,551% |
| Non-recurring operating income | 76A | - | €14,025 | +€14,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,301 | €3,927 | -€7,373 | -65.2% |
| Other operating charges | 640/8 | €1,121 | €950 | -€171 | -15.2% |
| Gross operating margin | 9900 | €110,609 | €93,693 | -€16,916 | -15.3% |
| Operating profit (loss) | 9901 | €98,187 | €88,816 | -€9,372 | -9.5% |
| Financial charges | 65/66B | €149 | €1,315 | +€1,166 | +781% |
| Recurring financial charges | 65 | €149 | €1,315 | +€1,166 | +781% |
| Profit (loss) for the period before taxes | 9903 | €98,038 | €87,500 | -€10,538 | -10.7% |
| Income taxes | 67/77 | €21,607 | €18,008 | -€3,598 | -16.7% |
| Profit (loss) for the period | 9904 | €76,431 | €69,492 | -€6,939 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €76,431 | €69,492 | -€6,939 | -9.1% |
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.