SIMPLEX: 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.
SIMPLEX
Largest movements
- Cash +€62,973
up €62,973 (+76.5%), from €82,292 to €145,266
mainly Depreciation (+€51,334) and Current investments (+€50,000)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Tangible fixed assets -€44,964
down €44,964 (-3.0%), from €1.5m to €1.5m
of which Land and buildings: -€37,726
- Debts after one year -€50,929
down €50,929 (-3.6%), from €1.4m to €1.4m
- Gross operating margin -€33,995
down €33,995 (-28.2%), from €120,599 to €86,605
- Financial charges +€1,775
up €1,775 (+17.2%), from €10,348 to €12,122
- Other operating charges +€1,458
up €1,458 (+22.5%), from €6,481 to €7,939
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 | €1,639,267 | €1,604,581 | -€34,686 | -2.1% |
| Fixed assets | 21/28 | €1,498,736 | €1,453,772 | -€44,964 | -3.0% |
| Tangible fixed assets | 22/27 | €1,498,736 | €1,453,772 | -€44,964 | -3.0% |
| Land and buildings | 22 | €1,489,214 | €1,451,488 | -€37,726 | -2.5% |
| Furniture and vehicles | 24 | €9,521 | €2,284 | -€7,237 | -76.0% |
| Current assets | 29/58 | €140,531 | €150,809 | +€10,278 | +7.3% |
| Amounts receivable within one year | 40/41 | €6,104 | €3,315 | -€2,789 | -45.7% |
| Trade receivables | 40 | €5,254 | €2,656 | -€2,598 | -49.5% |
| Other amounts receivable | 41 | €850 | €659 | -€191 | -22.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €82,292 | €145,266 | +€62,973 | +76.5% |
| Deferred charges and accrued income | 490/1 | €2,135 | €2,229 | +€94 | +4.4% |
| Total equity and liabilities | 10/49 | €1,639,267 | €1,604,581 | -€34,686 | -2.1% |
| Equity | 10/15 | €156,421 | €172,143 | +€15,721 | +10.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €125,200 | €125,200 | = | 0.0% |
| Distributable reserves | 133 | €125,200 | €125,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,779 | -€15,057 | +€15,721 | +51.1% |
| Amounts payable | 17/49 | €1,482,846 | €1,432,439 | -€50,407 | -3.4% |
| Amounts payable after more than one year | 17 | €1,415,134 | €1,364,205 | -€50,929 | -3.6% |
| Financial debts | 170/4 | €1,415,134 | €1,364,205 | -€50,929 | -3.6% |
| Amounts payable within one year | 42/48 | €64,602 | €63,938 | -€664 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €50,237 | €50,929 | +€692 | +1.4% |
| Trade debts | 44 | €1,927 | €1,884 | -€42 | -2.2% |
| Suppliers | 440/4 | €1,927 | €1,884 | -€42 | -2.2% |
| Taxes, remuneration and social security | 45 | €3,677 | €2,289 | -€1,387 | -37.7% |
| Taxes | 450/3 | €3,677 | €2,289 | -€1,387 | -37.7% |
| Other amounts payable | 47/48 | €8,762 | €8,836 | +€74 | +0.8% |
| Accrued charges and deferred income | 492/3 | €3,109 | €4,296 | +€1,186 | +38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,601 | €51,334 | -€267 | -0.5% |
| Other operating charges | 640/8 | €6,481 | €7,939 | +€1,458 | +22.5% |
| Gross operating margin | 9900 | €120,599 | €86,605 | -€33,995 | -28.2% |
| Operating profit (loss) | 9901 | €62,517 | €27,332 | -€35,186 | -56.3% |
| Financial income | 75/76B | €1,081 | €1,055 | -€25 | -2.3% |
| Recurring financial income | 75 | €1,081 | €1,055 | -€25 | -2.3% |
| Financial charges | 65/66B | €10,348 | €12,122 | +€1,775 | +17.2% |
| Recurring financial charges | 65 | €10,348 | €12,122 | +€1,775 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | €53,250 | €16,265 | -€36,986 | -69.5% |
| Income taxes | 67/77 | €330 | €543 | +€213 | +64.6% |
| Profit (loss) for the period | 9904 | €52,920 | €15,721 | -€37,199 | -70.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,920 | €15,721 | -€37,199 | -70.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.