SIMPLIFY HR: 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.
SIMPLIFY HR
Largest movements
- Cash +€42,498
up €42,498 (+82.4%), from €51,575 to €94,073
mainly Net result for the year (+€66,357) and Other debts (+€60,855)
- Current investments +€25,000
new in 2025: €25,000
- Deferred charges and accrued income +€11,544
up €11,544 (+457.4%), from €2,524 to €14,068
- Intangible fixed assets -€3,335
down €3,335 (-21.2%), from €15,727 to €12,393
- Profit (loss) carried forward -€108,342
no longer reported in 2025 (was €108,342)
- Reserves +€104,476
up €104,476 (+549.9%), from €19,000 to €123,476
- Other debts +€60,855
up €60,855 (+3481.3%), from €1,748 to €62,603
- Tax, wage and social debts +€42,527
up €42,527 (+179.1%), from €23,748 to €66,274
of which Taxes: +€27,425
- Trade debts -€23,447
down €23,447 (-80.1%), from €29,264 to €5,817
- Staff costs +€149,200
up €149,200 (+76.4%), from €195,391 to €344,591
- Gross operating margin +€129,039
up €129,039 (+40.5%), from €318,980 to €448,020
- Taxes -€5,696
down €5,696 (-20.3%), from €28,084 to €22,389
- Depreciation +€5,068
up €5,068 (+125.8%), from €4,030 to €9,097
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 | €187,174 | €265,448 | +€78,274 | +41.8% |
| Fixed assets | 21/28 | €37,403 | €36,371 | -€1,032 | -2.8% |
| Intangible fixed assets | 21 | €15,727 | €12,393 | -€3,335 | -21.2% |
| Tangible fixed assets | 22/27 | €21,676 | €22,493 | +€818 | +3.8% |
| Land and buildings | 22 | €12,495 | €13,609 | +€1,114 | +8.9% |
| Furniture and vehicles | 24 | €9,181 | €8,885 | -€296 | -3.2% |
| Financial fixed assets | 28 | - | €1,485 | +€1,485 | |
| Current assets | 29/58 | €149,771 | €229,077 | +€79,306 | +53.0% |
| Amounts receivable within one year | 40/41 | €95,673 | €95,936 | +€264 | +0.3% |
| Trade receivables | 40 | €95,583 | €94,800 | -€783 | -0.8% |
| Other amounts receivable | 41 | €89 | €1,136 | +€1,047 | +1173.1% |
| Current investments | 50/53 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €51,575 | €94,073 | +€42,498 | +82.4% |
| Deferred charges and accrued income | 490/1 | €2,524 | €14,068 | +€11,544 | +457.4% |
| Total equity and liabilities | 10/49 | €187,174 | €265,448 | +€78,274 | +41.8% |
| Equity | 10/15 | €132,342 | €128,476 | -€3,866 | -2.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €123,476 | +€104,476 | +549.9% |
| Distributable reserves | 133 | €19,000 | €123,476 | +€104,476 | +549.9% |
| Profit (loss) carried forward | 14 | €108,342 | - | -€108,342 | |
| Amounts payable | 17/49 | €54,832 | €136,972 | +€82,140 | +149.8% |
| Amounts payable within one year | 42/48 | €54,832 | €134,695 | +€79,862 | +145.6% |
| Financial debts | 43 | €72 | - | -€72 | |
| Credit institutions | 430/8 | €72 | - | -€72 | |
| Trade debts | 44 | €29,264 | €5,817 | -€23,447 | -80.1% |
| Suppliers | 440/4 | €29,264 | €5,817 | -€23,447 | -80.1% |
| Taxes, remuneration and social security | 45 | €23,748 | €66,274 | +€42,527 | +179.1% |
| Taxes | 450/3 | €20,630 | €48,055 | +€27,425 | +132.9% |
| Remuneration and social security | 454/9 | €3,117 | €18,219 | +€15,102 | +484.4% |
| Other amounts payable | 47/48 | €1,748 | €62,603 | +€60,855 | +3481.3% |
| Accrued charges and deferred income | 492/3 | - | €2,277 | +€2,277 | |
| Remuneration, social security and pensions | 62 | €195,391 | €344,591 | +€149,200 | +76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,030 | €9,097 | +€5,068 | +125.8% |
| Other operating charges | 640/8 | €978 | €1,551 | +€573 | +58.5% |
| Gross operating margin | 9900 | €318,980 | €448,020 | +€129,039 | +40.5% |
| Operating profit (loss) | 9901 | €118,581 | €92,780 | -€25,801 | -21.8% |
| Financial income | 75/76B | €26 | €51 | +€25 | +96.4% |
| Recurring financial income | 75 | €26 | €51 | +€25 | +96.4% |
| Non-recurring financial income | 76B | €26 | - | -€26 | |
| Financial charges | 65/66B | €75 | €4,085 | +€4,010 | +5319.7% |
| Recurring financial charges | 65 | €75 | €4,085 | +€4,010 | +5319.7% |
| Non-recurring financial charges | 66B | €75 | - | -€75 | |
| Profit (loss) for the period before taxes | 9903 | €118,532 | €88,746 | -€29,786 | -25.1% |
| Income taxes | 67/77 | €28,084 | €22,389 | -€5,696 | -20.3% |
| Profit (loss) for the period | 9904 | €90,447 | €66,357 | -€24,090 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €90,447 | €66,357 | -€24,090 | -26.6% |
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.