Simply Electric: 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 Electric
Largest movements
- Intangible fixed assets -€5,931
down €5,931 (-26.3%), from €22,517 to €16,586
- Cash -€3,223
down €3,223 (-39.0%), from €8,267 to €5,045
mainly Net result for the year (-€4,785) and Tax, wage and social debts (-€2,851)
- Tangible fixed assets -€1,048
down €1,048 (-78.4%), from €1,338 to €289
- Receivables within one year +€601
up €601 (+85.3%), from €705 to €1,306
of which Other amounts receivable: +€507
- Profit (loss) carried forward -€4,785
down €4,785 (-22.4%), from -€21,339 to -€26,124
- Tax, wage and social debts -€2,851
no longer reported in 2025 (was €2,851)
- Debts after one year -€1,900
down €1,900 (-5.8%), from €32,633 to €30,733
- Gross operating margin +€3,375
up €3,375 (+222%), from €1,520 to €4,895
- Other operating charges -€2,156
down €2,156 (-63.9%), from €3,376 to €1,220
- Depreciation -€306
down €306 (-4.2%), from €7,286 to €6,979
- Financial income +€151
up €151 (+732%), from €21 to €172
- Taxes -€130
down €130 (-39.1%), from €332 to €203
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.
Derived cash bridge
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 | €34,574 | €24,939 | -€9,635 | -27.9% |
| Fixed assets | 21/28 | €24,055 | €17,075 | -€6,979 | -29.0% |
| Intangible fixed assets | 21 | €22,517 | €16,586 | -€5,931 | -26.3% |
| Tangible fixed assets | 22/27 | €1,338 | €289 | -€1,048 | -78.4% |
| Furniture and vehicles | 24 | €1,338 | €289 | -€1,048 | -78.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €10,520 | €7,864 | -€2,656 | -25.3% |
| Amounts receivable within one year | 40/41 | €705 | €1,306 | +€601 | +85.3% |
| Trade receivables | 40 | €701 | €795 | +€94 | +13.4% |
| Other amounts receivable | 41 | €3 | €511 | +€507 | +14,699% |
| Cash at bank and in hand | 54/58 | €8,267 | €5,045 | -€3,223 | -39.0% |
| Deferred charges and accrued income | 490/1 | €1,548 | €1,514 | -€35 | -2.2% |
| Total equity and liabilities | 10/49 | €34,574 | €24,939 | -€9,635 | -27.9% |
| Equity | 10/15 | -€2,739 | -€7,524 | -€4,785 | -175% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,339 | -€26,124 | -€4,785 | -22.4% |
| Amounts payable | 17/49 | €37,314 | €32,463 | -€4,851 | -13.0% |
| Amounts payable after more than one year | 17 | €32,633 | €30,733 | -€1,900 | -5.8% |
| Other amounts payable | 178/9 | €32,633 | €30,733 | -€1,900 | -5.8% |
| Amounts payable within one year | 42/48 | €4,681 | €1,730 | -€2,951 | -63.0% |
| Financial debts | 43 | €169 | - | -€169 | |
| Credit institutions | 430/8 | €169 | - | -€169 | |
| Trade debts | 44 | €1,661 | €1,730 | +€69 | +4.2% |
| Suppliers | 440/4 | €1,661 | €1,730 | +€69 | +4.2% |
| Taxes, remuneration and social security | 45 | €2,851 | - | -€2,851 | |
| Taxes | 450/3 | €2,851 | - | -€2,851 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,286 | €6,979 | -€306 | -4.2% |
| Other operating charges | 640/8 | €3,376 | €1,220 | -€2,156 | -63.9% |
| Gross operating margin | 9900 | €1,520 | €4,895 | +€3,375 | +222% |
| Operating profit (loss) | 9901 | -€9,141 | -€3,304 | +€5,838 | +63.9% |
| Financial income | 75/76B | €21 | €172 | +€151 | +732% |
| Recurring financial income | 75 | €21 | €172 | +€151 | +732% |
| Financial charges | 65/66B | €1,506 | €1,450 | -€56 | -3.7% |
| Recurring financial charges | 65 | €1,506 | €1,450 | -€56 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,626 | -€4,582 | +€6,044 | +56.9% |
| Income taxes | 67/77 | €332 | €203 | -€130 | -39.1% |
| Profit (loss) for the period | 9904 | -€10,959 | -€4,785 | +€6,174 | +56.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,959 | -€4,785 | +€6,174 | +56.3% |
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 22 October 2026 via checked.be.