SIMPLIFY-IT: 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-IT
Largest movements
- Financial fixed assets +€19,500
new in 2025: €19,500
- Tangible fixed assets -€5,156
down €5,156 (-13.9%), from €37,015 to €31,859
of which Land and buildings: -€3,500
- Cash -€4,650
down €4,650 (-67.8%), from €6,856 to €2,206
mainly Investment in fixed assets (net) (-€21,142) and Net result for the year (-€7,233)
- Receivables within one year -€1,408
down €1,408 (-6.8%), from €20,583 to €19,176
- Deferred charges and accrued income +€984
up €984 (+103.3%), from €953 to €1,937
- Other debts +€13,869
up €13,869 (+47.8%), from €29,032 to €42,901
- Reserves -€7,233
down €7,233 (-34.6%), from €20,903 to €13,670
- Trade debts +€5,829
up €5,829 (+181.9%), from €3,204 to €9,033
- Tax, wage and social debts -€3,216
down €3,216 (-32.9%), from €9,769 to €6,554
- Write-downs +€12,330
new in 2025: €12,330
- Gross operating margin +€4,804
up €4,804 (+39.7%), from €12,100 to €16,904
- Depreciation +€698
up €698 (+11.4%), from €6,100 to €6,798
- Financial charges +€283
up €283 (+10.9%), from €2,593 to €2,876
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 | €65,408 | €74,678 | +€9,271 | +14.2% |
| Fixed assets | 21/28 | €37,015 | €51,359 | +€14,344 | +38.8% |
| Tangible fixed assets | 22/27 | €37,015 | €31,859 | -€5,156 | -13.9% |
| Land and buildings | 22 | €28,583 | €25,083 | -€3,500 | -12.2% |
| Plant, machinery and equipment | 23 | €1,910 | €1,128 | -€783 | -41.0% |
| Furniture and vehicles | 24 | €2,906 | €2,630 | -€276 | -9.5% |
| Other tangible fixed assets | 26 | €3,615 | €3,018 | -€597 | -16.5% |
| Financial fixed assets | 28 | - | €19,500 | +€19,500 | |
| Current assets | 29/58 | €28,392 | €23,319 | -€5,073 | -17.9% |
| Amounts receivable within one year | 40/41 | €20,583 | €19,176 | -€1,408 | -6.8% |
| Trade receivables | 40 | €20,583 | €19,176 | -€1,408 | -6.8% |
| Cash at bank and in hand | 54/58 | €6,856 | €2,206 | -€4,650 | -67.8% |
| Deferred charges and accrued income | 490/1 | €953 | €1,937 | +€984 | +103.3% |
| Total equity and liabilities | 10/49 | €65,408 | €74,678 | +€9,271 | +14.2% |
| Equity | 10/15 | €23,403 | €16,170 | -€7,233 | -30.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €20,903 | €13,670 | -€7,233 | -34.6% |
| Distributable reserves | 133 | €20,903 | €13,670 | -€7,233 | -34.6% |
| Amounts payable | 17/49 | €42,005 | €58,509 | +€16,504 | +39.3% |
| Amounts payable within one year | 42/48 | €42,005 | €58,487 | +€16,482 | +39.2% |
| Trade debts | 44 | €3,204 | €9,033 | +€5,829 | +181.9% |
| Suppliers | 440/4 | €3,204 | €9,033 | +€5,829 | +181.9% |
| Taxes, remuneration and social security | 45 | €9,769 | €6,554 | -€3,216 | -32.9% |
| Taxes | 450/3 | €9,769 | €6,554 | -€3,216 | -32.9% |
| Other amounts payable | 47/48 | €29,032 | €42,901 | +€13,869 | +47.8% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,100 | €6,798 | +€698 | +11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,330 | +€12,330 | |
| Other operating charges | 640/8 | €570 | €450 | -€120 | -21.1% |
| Gross operating margin | 9900 | €12,100 | €16,904 | +€4,804 | +39.7% |
| Operating profit (loss) | 9901 | €5,430 | -€2,674 | -€8,104 | |
| Financial income | 75/76B | €12 | €3 | -€10 | -78.6% |
| Recurring financial income | 75 | €12 | €3 | -€10 | -78.6% |
| Financial charges | 65/66B | €2,593 | €2,876 | +€283 | +10.9% |
| Recurring financial charges | 65 | €2,593 | €2,876 | +€283 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €2,848 | -€5,548 | -€8,396 | |
| Income taxes | 67/77 | €1,533 | €1,685 | +€152 | +9.9% |
| Profit (loss) for the period | 9904 | €1,315 | -€7,233 | -€8,548 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,315 | -€7,233 | -€8,548 |
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.