s1mpl1fy²: 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.
s1mpl1fy²
Largest movements
- Cash +€27,554
up €27,554 (+40.9%), from €67,324 to €94,879
mainly Net result for the year (+€55,613) and Depreciation (+€4,205)
- Receivables within one year +€10,245
up €10,245 (+65.3%), from €15,693 to €25,938
of which Other amounts receivable: +€25,863
- Reserves +€55,613
up €55,613 (+28.6%), from €194,600 to €250,214
- Current portion of long-term debt -€8,805
no longer reported in 2025 (was €8,805)
- Tax, wage and social debts -€7,695
down €7,695 (-20.6%), from €37,271 to €29,575
of which Taxes: -€7,695
- Gross operating margin -€40,294
down €40,294 (-34.0%), from €118,682 to €78,388
- Taxes -€8,373
down €8,373 (-32.7%), from €25,576 to €17,203
- Depreciation +€1,304
up €1,304 (+44.9%), from €2,902 to €4,205
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 | €247,711 | €284,749 | +€37,038 | +15.0% |
| Fixed assets | 21/28 | €15,969 | €15,207 | -€762 | -4.8% |
| Tangible fixed assets | 22/27 | €15,969 | €15,207 | -€762 | -4.8% |
| Furniture and vehicles | 24 | €7,627 | €4,870 | -€2,757 | -36.1% |
| Other tangible fixed assets | 26 | €8,342 | €10,337 | +€1,995 | +23.9% |
| Current assets | 29/58 | €231,742 | €269,542 | +€37,800 | +16.3% |
| Amounts receivable after more than one year | 29 | €92,610 | €92,610 | = | 0.0% |
| Other amounts receivable | 291 | €92,610 | €92,610 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,693 | €25,938 | +€10,245 | +65.3% |
| Trade receivables | 40 | €15,618 | - | -€15,618 | |
| Other amounts receivable | 41 | €75 | €25,938 | +€25,863 | +34,535% |
| Current investments | 50/53 | €55,134 | €55,134 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,324 | €94,879 | +€27,554 | +40.9% |
| Deferred charges and accrued income | 490/1 | €981 | €981 | = | 0.0% |
| Total equity and liabilities | 10/49 | €247,711 | €284,749 | +€37,038 | +15.0% |
| Equity | 10/15 | €198,600 | €254,214 | +€55,613 | +28.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €194,600 | €250,214 | +€55,613 | +28.6% |
| Distributable reserves | 133 | €194,600 | €250,214 | +€55,613 | +28.6% |
| Amounts payable | 17/49 | €49,111 | €30,535 | -€18,575 | -37.8% |
| Amounts payable within one year | 42/48 | €49,111 | €30,535 | -€18,575 | -37.8% |
| Current portion of amounts payable after more than one year | 42 | €8,805 | - | -€8,805 | |
| Trade debts | 44 | €2,158 | €960 | -€1,198 | -55.5% |
| Suppliers | 440/4 | €2,158 | €960 | -€1,198 | -55.5% |
| Taxes, remuneration and social security | 45 | €37,271 | €29,575 | -€7,695 | -20.6% |
| Taxes | 450/3 | €37,071 | €29,375 | -€7,695 | -20.8% |
| Remuneration and social security | 454/9 | €200 | €200 | = | 0.0% |
| Other amounts payable | 47/48 | €878 | - | -€878 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,902 | €4,205 | +€1,304 | +44.9% |
| Other operating charges | 640/8 | €135 | €679 | +€544 | +403% |
| Gross operating margin | 9900 | €118,682 | €78,388 | -€40,294 | -34.0% |
| Operating profit (loss) | 9901 | €115,646 | €73,503 | -€42,142 | -36.4% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.2% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.2% |
| Financial charges | 65/66B | €1,477 | €687 | -€790 | -53.5% |
| Recurring financial charges | 65 | €1,477 | €687 | -€790 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €114,173 | €72,816 | -€41,357 | -36.2% |
| Income taxes | 67/77 | €25,576 | €17,203 | -€8,373 | -32.7% |
| Profit (loss) for the period | 9904 | €88,597 | €55,613 | -€32,984 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €88,597 | €55,613 | -€32,984 | -37.2% |
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 22 October 2026 via checked.be.