SIMPLY BRITISH: 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.
SIMPLY BRITISH
Largest movements
- Tangible fixed assets +€31,241
up €31,241 (+1,235%), from €2,529 to €33,770
of which Plant, machinery and equipment: +€31,241
- Cash -€15,122
down €15,122 (-37.5%), from €40,297 to €25,175
mainly Investment in fixed assets (net) (-€32,500) and Receivables within one year (-€7,604)
- Receivables within one year +€7,604
up €7,604 (+16.3%), from €46,588 to €54,191
of which Other amounts receivable: +€5,574
- Stocks and contracts -€2,985
down €2,985 (-62.1%), from €4,805 to €1,820
- Profit (loss) carried forward +€21,950
up €21,950 (+42.5%), from €51,628 to €73,578
- Tax, wage and social debts +€4,278
up €4,278 (+97.6%), from €4,382 to €8,661
of which Taxes: +€6,685
- Trade debts -€3,651
down €3,651 (-30.9%), from €11,807 to €8,156
- Advances received -€1,985
down €1,985 (-56.7%), from €3,500 to €1,515
- Gross operating margin -€18,387
down €18,387 (-35.8%), from €51,343 to €32,956
- Taxes -€6,793
down €6,793 (-53.4%), from €12,710 to €5,917
- Other operating charges +€943
up €943 (+95.8%), from €984 to €1,928
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,351 | €115,942 | +€20,592 | +21.6% |
| Fixed assets | 21/28 | €2,559 | €33,800 | +€31,241 | +1,221% |
| Tangible fixed assets | 22/27 | €2,529 | €33,770 | +€31,241 | +1,235% |
| Plant, machinery and equipment | 23 | €363 | €31,604 | +€31,241 | +8,600% |
| Furniture and vehicles | 24 | €2,166 | €2,166 | = | 0.0% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €92,792 | €82,143 | -€10,649 | -11.5% |
| Stocks and contracts in progress | 3 | €4,805 | €1,820 | -€2,985 | -62.1% |
| Stocks | 30/36 | €4,805 | €1,820 | -€2,985 | -62.1% |
| Amounts receivable within one year | 40/41 | €46,588 | €54,191 | +€7,604 | +16.3% |
| Trade receivables | 40 | €16,598 | €18,627 | +€2,029 | +12.2% |
| Other amounts receivable | 41 | €29,990 | €35,564 | +€5,574 | +18.6% |
| Cash at bank and in hand | 54/58 | €40,297 | €25,175 | -€15,122 | -37.5% |
| Deferred charges and accrued income | 490/1 | €1,102 | €957 | -€145 | -13.2% |
| Total equity and liabilities | 10/49 | €95,351 | €115,942 | +€20,592 | +21.6% |
| Equity | 10/15 | €72,088 | €94,038 | +€21,950 | +30.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,628 | €73,578 | +€21,950 | +42.5% |
| Amounts payable | 17/49 | €23,262 | €21,904 | -€1,358 | -5.8% |
| Amounts payable within one year | 42/48 | €23,262 | €21,904 | -€1,358 | -5.8% |
| Trade debts | 44 | €11,807 | €8,156 | -€3,651 | -30.9% |
| Suppliers | 440/4 | €11,807 | €8,156 | -€3,651 | -30.9% |
| Advances received on contracts in progress | 46 | €3,500 | €1,515 | -€1,985 | -56.7% |
| Taxes, remuneration and social security | 45 | €4,382 | €8,661 | +€4,278 | +97.6% |
| Taxes | 450/3 | €1,075 | €7,760 | +€6,685 | +622% |
| Remuneration and social security | 454/9 | €3,307 | €901 | -€2,407 | -72.8% |
| Other amounts payable | 47/48 | €3,573 | €3,573 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,012 | €1,259 | +€247 | +24.4% |
| Other operating charges | 640/8 | €984 | €1,928 | +€943 | +95.8% |
| Gross operating margin | 9900 | €51,343 | €32,956 | -€18,387 | -35.8% |
| Operating profit (loss) | 9901 | €49,347 | €29,769 | -€19,578 | -39.7% |
| Financial income | 75/76B | €121 | €0 | -€121 | -100.0% |
| Recurring financial income | 75 | €121 | €0 | -€121 | -100.0% |
| Financial charges | 65/66B | €1,905 | €1,902 | -€3 | -0.2% |
| Recurring financial charges | 65 | €1,905 | €1,902 | -€3 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €47,563 | €27,867 | -€19,696 | -41.4% |
| Income taxes | 67/77 | €12,710 | €5,917 | -€6,793 | -53.4% |
| Profit (loss) for the period | 9904 | €34,853 | €21,950 | -€12,903 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,853 | €21,950 | -€12,903 | -37.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.