SIMPLE ASIA: 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.
SIMPLE ASIA
Largest movements
- Tangible fixed assets -€41,135
down €41,135 (-28.6%), from €143,784 to €102,649
of which Furniture and vehicles: -€29,281
- Cash -€36,699
down €36,699 (-47.5%), from €77,314 to €40,615
mainly Other debts (-€60,050) and Trade debts (-€21,134)
- Stocks and contracts +€5,378
up €5,378 (+468.9%), from €1,147 to €6,525
- Other debts -€60,050
down €60,050 (-98.2%), from €61,143 to €1,093
- Trade debts -€21,134
down €21,134 (-22.8%), from €92,813 to €71,679
- Reserves +€16,000
up €16,000 (+862.5%), from €1,855 to €17,855
of which Distributable reserves: +€16,000
- Profit (loss) carried forward -€15,479
down €15,479 (-81.9%), from €18,899 to €3,420
- Tax, wage and social debts +€11,412
up €11,412 (+38.1%), from €29,979 to €41,391
of which Remuneration and social security: +€10,129
- Staff costs +€38,268
up €38,268 (+20.3%), from €188,216 to €226,484
- Gross operating margin -€3,294
down €3,294 (-1.2%), from €277,585 to €274,291
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 | €233,200 | €160,665 | -€72,535 | -31.1% |
| Fixed assets | 21/28 | €143,784 | €102,649 | -€41,135 | -28.6% |
| Tangible fixed assets | 22/27 | €143,784 | €102,649 | -€41,135 | -28.6% |
| Plant, machinery and equipment | 23 | €9,488 | €6,127 | -€3,361 | -35.4% |
| Furniture and vehicles | 24 | €93,209 | €63,928 | -€29,281 | -31.4% |
| Other tangible fixed assets | 26 | €41,087 | €32,594 | -€8,493 | -20.7% |
| Current assets | 29/58 | €89,416 | €58,016 | -€31,400 | -35.1% |
| Stocks and contracts in progress | 3 | €1,147 | €6,525 | +€5,378 | +468.9% |
| Stocks | 30/36 | €1,147 | €6,525 | +€5,378 | +468.9% |
| Amounts receivable within one year | 40/41 | €10,085 | €8,643 | -€1,442 | -14.3% |
| Trade receivables | 40 | €7,889 | €3 | -€7,886 | -100.0% |
| Other amounts receivable | 41 | €2,196 | €8,640 | +€6,444 | +293.4% |
| Cash at bank and in hand | 54/58 | €77,314 | €40,615 | -€36,699 | -47.5% |
| Deferred charges and accrued income | 490/1 | €870 | €2,233 | +€1,363 | +156.7% |
| Total equity and liabilities | 10/49 | €233,200 | €160,665 | -€72,535 | -31.1% |
| Equity | 10/15 | €26,954 | €27,475 | +€521 | +1.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €17,855 | +€16,000 | +862.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | - | €16,000 | +€16,000 | |
| Profit (loss) carried forward | 14 | €18,899 | €3,420 | -€15,479 | -81.9% |
| Amounts payable | 17/49 | €206,246 | €133,190 | -€73,056 | -35.4% |
| Amounts payable after more than one year | 17 | €6,987 | - | -€6,987 | |
| Financial debts | 170/4 | €6,987 | - | -€6,987 | |
| Amounts payable within one year | 42/48 | €197,517 | €121,150 | -€76,367 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €13,582 | €6,987 | -€6,595 | -48.6% |
| Trade debts | 44 | €92,813 | €71,679 | -€21,134 | -22.8% |
| Suppliers | 440/4 | €92,813 | €71,679 | -€21,134 | -22.8% |
| Taxes, remuneration and social security | 45 | €29,979 | €41,391 | +€11,412 | +38.1% |
| Taxes | 450/3 | €3,340 | €4,623 | +€1,283 | +38.4% |
| Remuneration and social security | 454/9 | €26,639 | €36,768 | +€10,129 | +38.0% |
| Other amounts payable | 47/48 | €61,143 | €1,093 | -€60,050 | -98.2% |
| Accrued charges and deferred income | 492/3 | €1,742 | €12,040 | +€10,298 | +591.2% |
| Remuneration, social security and pensions | 62 | €188,216 | €226,484 | +€38,268 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,289 | €42,275 | +€1,986 | +4.9% |
| Other operating charges | 640/8 | €1,697 | €1,413 | -€284 | -16.7% |
| Gross operating margin | 9900 | €277,585 | €274,291 | -€3,294 | -1.2% |
| Operating profit (loss) | 9901 | €47,383 | €4,119 | -€43,264 | -91.3% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €1,252 | €859 | -€393 | -31.4% |
| Recurring financial charges | 65 | €1,252 | €859 | -€393 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €46,131 | €3,266 | -€42,865 | -92.9% |
| Income taxes | 67/77 | €2,862 | €1,569 | -€1,293 | -45.2% |
| Profit (loss) for the period | 9904 | €43,269 | €1,697 | -€41,572 | -96.1% |
| Profit (loss) for the period to be appropriated | 9905 | €43,269 | €1,697 | -€41,572 | -96.1% |
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 10 October 2026 via checked.be.