SIMPLE IT: 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.
SIMPLE IT
Largest movements
- Receivables within one year -€19,098
down €19,098 (-7.0%), from €273,734 to €254,637
of which Trade receivables: -€15,670
- Cash -€5,663
down €5,663 (-25.5%), from €22,175 to €16,512
mainly Contributions, distributions and other (-€98,000) and Trade debts (-€15,013)
- Trade debts -€15,013
down €15,013 (-88.8%), from €16,897 to €1,884
of which Bills of exchange payable: -€16,680
- Profit (loss) carried forward -€7,190
down €7,190 (-2.3%), from €310,154 to €302,965
- Financial charges +€28,208
up €28,208 (+5191.1%), from €543 to €28,752
- Taxes -€10,427
down €10,427 (-35.8%), from €29,126 to €18,699
- Gross operating margin -€9,871
down €9,871 (-6.9%), from €143,257 to €133,386
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,178 | €341,648 | -€25,530 | -7.0% |
| Fixed assets | 21/28 | €1,251 | - | -€1,251 | |
| Tangible fixed assets | 22/27 | €1,251 | - | -€1,251 | |
| Furniture and vehicles | 24 | €1,251 | - | -€1,251 | |
| Current assets | 29/58 | €365,927 | €341,648 | -€24,279 | -6.6% |
| Stocks and contracts in progress | 3 | €69,143 | €70,466 | +€1,323 | +1.9% |
| Stocks | 30/36 | €69,143 | €70,466 | +€1,323 | +1.9% |
| Amounts receivable within one year | 40/41 | €273,734 | €254,637 | -€19,098 | -7.0% |
| Trade receivables | 40 | €32,526 | €16,856 | -€15,670 | -48.2% |
| Other amounts receivable | 41 | €241,208 | €237,781 | -€3,428 | -1.4% |
| Cash at bank and in hand | 54/58 | €22,175 | €16,512 | -€5,663 | -25.5% |
| Deferred charges and accrued income | 490/1 | €874 | €33 | -€841 | -96.2% |
| Total equity and liabilities | 10/49 | €367,178 | €341,648 | -€25,530 | -7.0% |
| Equity | 10/15 | €312,154 | €304,965 | -€7,190 | -2.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €310,154 | €302,965 | -€7,190 | -2.3% |
| Amounts payable | 17/49 | €55,024 | €36,683 | -€18,340 | -33.3% |
| Amounts payable within one year | 42/48 | €55,024 | €36,683 | -€18,340 | -33.3% |
| Trade debts | 44 | €16,897 | €1,884 | -€15,013 | -88.8% |
| Suppliers | 440/4 | €217 | €1,884 | +€1,667 | +766.7% |
| Bills of exchange payable | 441 | €16,680 | - | -€16,680 | |
| Taxes, remuneration and social security | 45 | €38,126 | €34,799 | -€3,327 | -8.7% |
| Taxes | 450/3 | €38,126 | €34,799 | -€3,327 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,515 | €1,251 | -€264 | -17.4% |
| Other operating charges | 640/8 | €510 | €452 | -€58 | -11.4% |
| Gross operating margin | 9900 | €143,257 | €133,386 | -€9,871 | -6.9% |
| Operating profit (loss) | 9901 | €141,231 | €131,683 | -€9,549 | -6.8% |
| Financial income | 75/76B | €5,823 | €6,578 | +€755 | +13.0% |
| Recurring financial income | 75 | €5,823 | €6,578 | +€755 | +13.0% |
| Financial charges | 65/66B | €543 | €28,752 | +€28,208 | +5191.1% |
| Recurring financial charges | 65 | €543 | €28,752 | +€28,208 | +5191.1% |
| Profit (loss) for the period before taxes | 9903 | €146,511 | €109,509 | -€37,002 | -25.3% |
| Income taxes | 67/77 | €29,126 | €18,699 | -€10,427 | -35.8% |
| Profit (loss) for the period | 9904 | €117,385 | €90,810 | -€26,574 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €117,385 | €90,810 | -€26,574 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.