SIMPLEXIFY: 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.
SIMPLEXIFY
Largest movements
- Tangible fixed assets -€22,343
down €22,343 (-6.1%), from €369,185 to €346,842
of which Land and buildings: -€21,932
- Debts after one year -€90,191
down €90,191 (-10.2%), from €881,206 to €791,015
of which Other amounts payable: -€61,379
- Other debts +€28,399
up €28,399 (+295.8%), from €9,601 to €38,000
- Reserves +€26,104
up €26,104 (+11.1%), from €236,071 to €262,175
of which Distributable reserves: +€26,104
- Financial income -€138,425
down €138,425 (-89.6%), from €154,500 to €16,075
of which Financial income: -€144,743
- Financial charges +€13,014
up €13,014 (+78.2%), from €16,634 to €29,647
of which Financial charges: +€13,764
- Gross operating margin +€1,904
up €1,904 (+2.4%), from €78,467 to €80,371
- Other operating charges -€1,721
down €1,721 (-23.6%), from €7,300 to €5,579
- Taxes -€1,391
down €1,391 (-22.9%), from €6,073 to €4,682
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 | €1,189,051 | €1,160,892 | -€28,159 | -2.4% |
| Fixed assets | 21/28 | €1,140,507 | €1,118,165 | -€22,343 | -2.0% |
| Tangible fixed assets | 22/27 | €369,185 | €346,842 | -€22,343 | -6.1% |
| Land and buildings | 22 | €364,546 | €342,614 | -€21,932 | -6.0% |
| Plant, machinery and equipment | 23 | €790 | €3,813 | +€3,023 | +382.5% |
| Furniture and vehicles | 24 | €3,849 | €416 | -€3,433 | -89.2% |
| Financial fixed assets | 28 | €771,322 | €771,322 | = | 0.0% |
| Current assets | 29/58 | €48,544 | €42,727 | -€5,817 | -12.0% |
| Amounts receivable within one year | 40/41 | €13,975 | €15,572 | +€1,598 | +11.4% |
| Trade receivables | 40 | €13,915 | €12,709 | -€1,206 | -8.7% |
| Other amounts receivable | 41 | €60 | €2,863 | +€2,803 | +4708.2% |
| Cash at bank and in hand | 54/58 | €32,897 | €24,710 | -€8,187 | -24.9% |
| Deferred charges and accrued income | 490/1 | €1,672 | €2,445 | +€772 | +46.2% |
| Total equity and liabilities | 10/49 | €1,189,051 | €1,160,892 | -€28,159 | -2.4% |
| Equity | 10/15 | €254,671 | €280,775 | +€26,104 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,071 | €262,175 | +€26,104 | +11.1% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €231,071 | €257,175 | +€26,104 | +11.3% |
| Amounts payable | 17/49 | €934,380 | €880,117 | -€54,263 | -5.8% |
| Amounts payable after more than one year | 17 | €881,206 | €791,015 | -€90,191 | -10.2% |
| Financial debts | 170/4 | €321,239 | €292,427 | -€28,812 | -9.0% |
| Other amounts payable | 178/9 | €559,967 | €498,588 | -€61,379 | -11.0% |
| Amounts payable within one year | 42/48 | €53,174 | €89,101 | +€35,927 | +67.6% |
| Current portion of amounts payable after more than one year | 42 | €27,946 | €28,812 | +€866 | +3.1% |
| Trade debts | 44 | €1,306 | €7,406 | +€6,100 | +466.9% |
| Suppliers | 440/4 | €1,306 | €7,406 | +€6,100 | +466.9% |
| Taxes, remuneration and social security | 45 | €14,320 | €14,883 | +€563 | +3.9% |
| Taxes | 450/3 | €14,320 | €14,883 | +€563 | +3.9% |
| Other amounts payable | 47/48 | €9,601 | €38,000 | +€28,399 | +295.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,396 | €29,601 | -€795 | -2.6% |
| Other operating charges | 640/8 | €7,300 | €5,579 | -€1,721 | -23.6% |
| Gross operating margin | 9900 | €78,467 | €80,371 | +€1,904 | +2.4% |
| Operating profit (loss) | 9901 | €40,770 | €45,191 | +€4,421 | +10.8% |
| Financial income | 75/76B | €154,500 | €16,075 | -€138,425 | -89.6% |
| Recurring financial income | 75 | €154,500 | €9,757 | -€144,743 | -93.7% |
| Non-recurring financial income | 76B | - | €6,318 | +€6,318 | |
| Financial charges | 65/66B | €16,634 | €29,647 | +€13,014 | +78.2% |
| Recurring financial charges | 65 | €15,884 | €29,647 | +€13,764 | +86.7% |
| Non-recurring financial charges | 66B | €750 | - | -€750 | |
| Profit (loss) for the period before taxes | 9903 | €178,637 | €31,619 | -€147,018 | -82.3% |
| Income taxes | 67/77 | €6,073 | €4,682 | -€1,391 | -22.9% |
| Profit (loss) for the period | 9904 | €172,564 | €26,937 | -€145,627 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €172,564 | €26,937 | -€145,627 | -84.4% |
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 9 October 2026 via checked.be.