SIMPLY: 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.
SIMPLY
Largest movements
- Tangible fixed assets +€87,205
up €87,205 (+9.1%), from €953,902 to €1.0m
of which Land and buildings: +€82,097
- Receivables within one year -€21,529
down €21,529 (-27.3%), from €78,881 to €57,351
of which Trade receivables: -€15,343
- Other debts +€102,319
up €102,319 (+57.3%), from €178,429 to €280,748
- Debts after one year -€40,479
down €40,479 (-6.6%), from €608,764 to €568,285
- Gross operating margin -€31,621
down €31,621 (-63.2%), from €50,007 to €18,386
- Depreciation -€22,831
down €22,831 (-96.3%), from €23,706 to €875
- Financial charges -€6,593
down €6,593 (-33.2%), from €19,875 to €13,281
- Taxes -€551
down €551 (-37.0%), from €1,487 to €936
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 | €1,040,494 | €1,111,992 | +€71,498 | +6.9% |
| Fixed assets | 21/28 | €953,902 | €1,041,107 | +€87,205 | +9.1% |
| Tangible fixed assets | 22/27 | €953,902 | €1,041,107 | +€87,205 | +9.1% |
| Land and buildings | 22 | €953,221 | €1,035,317 | +€82,097 | +8.6% |
| Plant, machinery and equipment | 23 | €681 | €227 | -€454 | -66.7% |
| Furniture and vehicles | 24 | - | €5,563 | +€5,563 | |
| Current assets | 29/58 | €86,592 | €70,885 | -€15,707 | -18.1% |
| Amounts receivable within one year | 40/41 | €78,881 | €57,351 | -€21,529 | -27.3% |
| Trade receivables | 40 | €21,408 | €6,066 | -€15,343 | -71.7% |
| Other amounts receivable | 41 | €57,472 | €51,286 | -€6,187 | -10.8% |
| Cash at bank and in hand | 54/58 | €4,395 | €2,881 | -€1,514 | -34.5% |
| Deferred charges and accrued income | 490/1 | €3,316 | €10,653 | +€7,336 | +221.2% |
| Total equity and liabilities | 10/49 | €1,040,494 | €1,111,992 | +€71,498 | +6.9% |
| Equity | 10/15 | €136,289 | €138,592 | +€2,303 | +1.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €38,779 | €41,081 | +€2,303 | +5.9% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €35,779 | €38,081 | +€2,303 | +6.4% |
| Profit (loss) carried forward | 14 | €67,510 | €67,510 | = | 0.0% |
| Amounts payable | 17/49 | €904,205 | €973,400 | +€69,196 | +7.7% |
| Amounts payable after more than one year | 17 | €608,764 | €568,285 | -€40,479 | -6.6% |
| Financial debts | 170/4 | €608,764 | €568,285 | -€40,479 | -6.6% |
| Amounts payable within one year | 42/48 | €295,441 | €405,116 | +€109,675 | +37.1% |
| Current portion of amounts payable after more than one year | 42 | €109,960 | €110,479 | +€519 | +0.5% |
| Trade debts | 44 | €4,608 | €9,614 | +€5,006 | +108.6% |
| Suppliers | 440/4 | €4,608 | €9,614 | +€5,006 | +108.6% |
| Taxes, remuneration and social security | 45 | €2,443 | €4,275 | +€1,831 | +74.9% |
| Taxes | 450/3 | €2,443 | €4,275 | +€1,831 | +74.9% |
| Other amounts payable | 47/48 | €178,429 | €280,748 | +€102,319 | +57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,706 | €875 | -€22,831 | -96.3% |
| Other operating charges | 640/8 | €1,016 | €991 | -€26 | -2.5% |
| Gross operating margin | 9900 | €50,007 | €18,386 | -€31,621 | -63.2% |
| Operating profit (loss) | 9901 | €25,285 | €16,520 | -€8,764 | -34.7% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €19,875 | €13,281 | -€6,593 | -33.2% |
| Recurring financial charges | 65 | €19,875 | €13,281 | -€6,593 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €5,411 | €3,239 | -€2,172 | -40.1% |
| Income taxes | 67/77 | €1,487 | €936 | -€551 | -37.0% |
| Profit (loss) for the period | 9904 | €3,924 | €2,303 | -€1,621 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,924 | €2,303 | -€1,621 | -41.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.