SIMPAUL: 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.
SIMPAUL
Largest movements
- Tangible fixed assets +€7,697
up €7,697 (+138.1%), from €5,572 to €13,269
of which Furniture and vehicles: +€8,250
- Receivables within one year +€7,114
up €7,114 (+548.3%), from €1,298 to €8,412
of which Trade receivables: +€5,793
- Cash +€682
up €682 (+18145.5%), from €4 to €686
mainly Debts after one year (+€44,532) and Depreciation (+€2,801)
- Debts after one year +€44,532
up €44,532 (+438.9%), from €10,147 to €54,678
- Profit (loss) carried forward -€23,702
down €23,702 (-46.0%), from -€51,512 to -€75,215
- Tax, wage and social debts -€4,624
no longer reported in 2025 (was €4,624)
- Trade debts -€616
down €616 (-30.5%), from €2,023 to €1,406
- Gross operating margin -€23,978
down €23,978, from €4,719 to -€19,259
- Depreciation +€1,298
up €1,298 (+86.4%), from €1,503 to €2,801
- Financial charges +€467
up €467 (+320.2%), from €146 to €612
- Financial income -€271
no longer reported in 2025 (was €271)
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 | €6,873 | €22,462 | +€15,589 | +226.8% |
| Fixed assets | 21/28 | €5,572 | €13,269 | +€7,697 | +138.1% |
| Tangible fixed assets | 22/27 | €5,572 | €13,269 | +€7,697 | +138.1% |
| Plant, machinery and equipment | 23 | €4,135 | €3,582 | -€553 | -13.4% |
| Furniture and vehicles | 24 | €1,437 | €9,687 | +€8,250 | +574.2% |
| Current assets | 29/58 | €1,301 | €9,193 | +€7,892 | +606.5% |
| Amounts receivable within one year | 40/41 | €1,298 | €8,412 | +€7,114 | +548.3% |
| Trade receivables | 40 | €1,298 | €7,090 | +€5,793 | +446.5% |
| Other amounts receivable | 41 | - | €1,321 | +€1,321 | |
| Cash at bank and in hand | 54/58 | €4 | €686 | +€682 | +18145.5% |
| Deferred charges and accrued income | 490/1 | - | €96 | +€96 | |
| Total equity and liabilities | 10/49 | €6,873 | €22,462 | +€15,589 | +226.8% |
| Equity | 10/15 | -€9,920 | -€33,623 | -€23,702 | -238.9% |
| Contributions | 10/11 | €41,592 | €41,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,512 | -€75,215 | -€23,702 | -46.0% |
| Amounts payable | 17/49 | €16,793 | €56,085 | +€39,291 | +234.0% |
| Amounts payable after more than one year | 17 | €10,147 | €54,678 | +€44,532 | +438.9% |
| Other amounts payable | 178/9 | €10,147 | €54,678 | +€44,532 | +438.9% |
| Amounts payable within one year | 42/48 | €6,647 | €1,406 | -€5,241 | -78.8% |
| Trade debts | 44 | €2,023 | €1,406 | -€616 | -30.5% |
| Suppliers | 440/4 | €2,023 | €1,406 | -€616 | -30.5% |
| Taxes, remuneration and social security | 45 | €4,624 | - | -€4,624 | |
| Taxes | 450/3 | €4,624 | - | -€4,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,503 | €2,801 | +€1,298 | +86.4% |
| Other operating charges | 640/8 | €987 | €1,030 | +€43 | +4.4% |
| Gross operating margin | 9900 | €4,719 | -€19,259 | -€23,978 | |
| Operating profit (loss) | 9901 | €2,229 | -€23,090 | -€25,319 | |
| Financial income | 75/76B | €271 | - | -€271 | |
| Recurring financial income | 75 | €271 | - | -€271 | |
| Financial charges | 65/66B | €146 | €612 | +€467 | +320.2% |
| Recurring financial charges | 65 | €146 | €612 | +€467 | +320.2% |
| Profit (loss) for the period before taxes | 9903 | €2,354 | -€23,702 | -€26,057 | |
| Income taxes | 67/77 | €26 | - | -€26 | |
| Profit (loss) for the period | 9904 | €2,329 | -€23,702 | -€26,031 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,329 | -€23,702 | -€26,031 |
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 9 October 2026 via checked.be.