Simply.Q: 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.Q
Largest movements
- Cash -€34,548
down €34,548 (-24.4%), from €141,615 to €107,067
mainly Contributions, distributions and other (-€57,500) and Other debts (-€26,397)
- Tangible fixed assets -€12,142
down €12,142 (-22.5%), from €53,998 to €41,856
of which Furniture and vehicles: -€13,041
- Receivables within one year +€3,972
up €3,972 (+27.4%), from €14,480 to €18,451
of which Trade receivables: +€2,026
- Other debts -€26,397
down €26,397 (-31.1%), from €84,821 to €58,424
- Reserves -€9,888
down €9,888 (-10.1%), from €97,500 to €87,612
- Tax, wage and social debts -€7,026
down €7,026 (-67.4%), from €10,425 to €3,399
- Gross operating margin -€28,078
down €28,078 (-26.9%), from €104,455 to €76,377
- Taxes -€4,962
down €4,962 (-26.1%), from €19,017 to €14,054
- Depreciation +€1,051
up €1,051 (+8.1%), from €12,920 to €13,970
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 | €212,016 | €169,398 | -€42,618 | -20.1% |
| Fixed assets | 21/28 | €54,298 | €42,156 | -€12,142 | -22.4% |
| Tangible fixed assets | 22/27 | €53,998 | €41,856 | -€12,142 | -22.5% |
| Plant, machinery and equipment | 23 | €902 | €1,801 | +€899 | +99.7% |
| Furniture and vehicles | 24 | €53,096 | €40,055 | -€13,041 | -24.6% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €157,718 | €127,242 | -€30,476 | -19.3% |
| Amounts receivable within one year | 40/41 | €14,480 | €18,451 | +€3,972 | +27.4% |
| Trade receivables | 40 | €14,480 | €16,506 | +€2,026 | +14.0% |
| Other amounts receivable | 41 | - | €1,946 | +€1,946 | |
| Cash at bank and in hand | 54/58 | €141,615 | €107,067 | -€34,548 | -24.4% |
| Deferred charges and accrued income | 490/1 | €1,624 | €1,724 | +€100 | +6.1% |
| Total equity and liabilities | 10/49 | €212,016 | €169,398 | -€42,618 | -20.1% |
| Equity | 10/15 | €116,100 | €106,212 | -€9,888 | -8.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €97,500 | €87,612 | -€9,888 | -10.1% |
| Distributable reserves | 133 | €97,500 | €87,612 | -€9,888 | -10.1% |
| Amounts payable | 17/49 | €95,916 | €63,186 | -€32,730 | -34.1% |
| Amounts payable within one year | 42/48 | €95,916 | €63,186 | -€32,730 | -34.1% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | €670 | €1,346 | +€675 | +101% |
| Suppliers | 440/4 | €670 | €1,346 | +€675 | +101% |
| Taxes, remuneration and social security | 45 | €10,425 | €3,399 | -€7,026 | -67.4% |
| Taxes | 450/3 | €10,425 | €3,399 | -€7,026 | -67.4% |
| Other amounts payable | 47/48 | €84,821 | €58,424 | -€26,397 | -31.1% |
| Non-recurring operating income | 76A | €18,699 | - | -€18,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,920 | €13,970 | +€1,051 | +8.1% |
| Other operating charges | 640/8 | €609 | €666 | +€56 | +9.2% |
| Non-recurring operating charges | 66A | - | €2 | +€2 | |
| Gross operating margin | 9900 | €104,455 | €76,377 | -€28,078 | -26.9% |
| Operating profit (loss) | 9901 | €90,926 | €61,739 | -€29,187 | -32.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -80.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | €27 | €72 | +€46 | +172% |
| Recurring financial charges | 65 | €27 | €72 | +€46 | +172% |
| Profit (loss) for the period before taxes | 9903 | €90,899 | €61,666 | -€29,233 | -32.2% |
| Income taxes | 67/77 | €19,017 | €14,054 | -€4,962 | -26.1% |
| Profit (loss) for the period | 9904 | €71,882 | €47,612 | -€24,271 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,882 | €47,612 | -€24,271 | -33.8% |
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 19 October 2026 via checked.be.