SIMPLY CHAIN: 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 CHAIN
Largest movements
- Receivables within one year -€172,947
down €172,947 (-87.1%), from €198,600 to €25,653
- Cash -€49,795
down €49,795 (-45.1%), from €110,403 to €60,607
mainly Other debts (-€195,629) and Net result for the year (-€23,201)
- Tangible fixed assets -€6,341
down €6,341 (-42.9%), from €14,775 to €8,434
of which Furniture and vehicles: -€6,341
- Other debts -€195,629
no longer reported in 2025 (was €195,629)
- Profit (loss) carried forward -€23,201
new in 2025: -€23,201
- Tax, wage and social debts -€13,252
down €13,252 (-27.6%), from €47,989 to €34,737
- Gross operating margin -€90,422
down €90,422, from €69,296 to -€21,126
- Taxes -€14,855
down €14,855 (-97.9%), from €15,167 to €312
- Financial income -€4,515
down €4,515 (-46.4%), from €9,728 to €5,213
- Depreciation -€757
down €757 (-10.7%), from €7,098 to €6,341
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 | €323,778 | €94,695 | -€229,083 | -70.8% |
| Fixed assets | 21/28 | €14,775 | €8,434 | -€6,341 | -42.9% |
| Tangible fixed assets | 22/27 | €14,775 | €8,434 | -€6,341 | -42.9% |
| Furniture and vehicles | 24 | €12,875 | €6,534 | -€6,341 | -49.2% |
| Other tangible fixed assets | 26 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €309,003 | €86,261 | -€222,742 | -72.1% |
| Amounts receivable within one year | 40/41 | €198,600 | €25,653 | -€172,947 | -87.1% |
| Other amounts receivable | 41 | €198,600 | €25,653 | -€172,947 | -87.1% |
| Cash at bank and in hand | 54/58 | €110,403 | €60,607 | -€49,795 | -45.1% |
| Total equity and liabilities | 10/49 | €323,778 | €94,695 | -€229,083 | -70.8% |
| Equity | 10/15 | €56,000 | €32,799 | -€23,201 | -41.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,201 | -€23,201 | |
| Amounts payable | 17/49 | €267,778 | €61,896 | -€205,882 | -76.9% |
| Amounts payable within one year | 42/48 | €267,778 | €61,896 | -€205,882 | -76.9% |
| Trade debts | 44 | €24,160 | €27,158 | +€2,998 | +12.4% |
| Suppliers | 440/4 | €24,160 | €27,158 | +€2,998 | +12.4% |
| Taxes, remuneration and social security | 45 | €47,989 | €34,737 | -€13,252 | -27.6% |
| Taxes | 450/3 | €47,989 | €34,737 | -€13,252 | -27.6% |
| Other amounts payable | 47/48 | €195,629 | - | -€195,629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,098 | €6,341 | -€757 | -10.7% |
| Other operating charges | 640/8 | €740 | €460 | -€280 | -37.9% |
| Non-recurring operating charges | 66A | €256 | - | -€256 | |
| Gross operating margin | 9900 | €69,296 | -€21,126 | -€90,422 | |
| Operating profit (loss) | 9901 | €61,203 | -€27,926 | -€89,129 | |
| Financial income | 75/76B | €9,728 | €5,213 | -€4,515 | -46.4% |
| Recurring financial income | 75 | €9,728 | €5,213 | -€4,515 | -46.4% |
| Financial charges | 65/66B | €44 | €175 | +€132 | +303.2% |
| Recurring financial charges | 65 | €44 | €175 | +€132 | +303.2% |
| Profit (loss) for the period before taxes | 9903 | €70,887 | -€22,889 | -€93,776 | |
| Income taxes | 67/77 | €15,167 | €312 | -€14,855 | -97.9% |
| Profit (loss) for the period | 9904 | €55,720 | -€23,201 | -€78,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €55,720 | -€23,201 | -€78,921 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.