SIMPSON: 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.
SIMPSON
Largest movements
- Tangible fixed assets -€4,886
down €4,886 (-37.4%), from €13,075 to €8,189
- Cash +€1,250
up €1,250 (+8.6%), from €14,493 to €15,743
mainly Depreciation (+€4,886) and Receivables within one year (+€1,201)
- Receivables within one year -€1,201
down €1,201 (-12.6%), from €9,529 to €8,328
of which Trade receivables: -€3,215
- Profit (loss) carried forward -€4,152
down €4,152 (-26.6%), from €15,591 to €11,439
- Tax, wage and social debts -€708
no longer reported in 2023 (was €708)
- Turnover -€18,586
down €18,586 (-60.2%), from €30,876 to €12,290
- Purchases and services -€11,243
down €11,243 (-50.9%), from €22,110 to €10,867
- Gross operating margin -€7,344
down €7,344 (-83.8%), from €8,767 to €1,423
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,097 | €32,260 | -€4,837 | -13.0% |
| Fixed assets | 21/28 | €13,075 | €8,189 | -€4,886 | -37.4% |
| Tangible fixed assets | 22/27 | €13,075 | €8,189 | -€4,886 | -37.4% |
| Furniture and vehicles | 24 | €13,075 | €8,189 | -€4,886 | -37.4% |
| Current assets | 29/58 | €24,022 | €24,071 | +€49 | +0.2% |
| Amounts receivable within one year | 40/41 | €9,529 | €8,328 | -€1,201 | -12.6% |
| Trade receivables | 40 | €3,215 | - | -€3,215 | |
| Other amounts receivable | 41 | €6,314 | €8,328 | +€2,014 | +31.9% |
| Cash at bank and in hand | 54/58 | €14,493 | €15,743 | +€1,250 | +8.6% |
| Total equity and liabilities | 10/49 | €37,097 | €32,260 | -€4,837 | -13.0% |
| Equity | 10/15 | €36,387 | €32,235 | -€4,152 | -11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | - | €18,592 | +€18,592 | |
| Issued capital | 100 | - | €18,592 | +€18,592 | |
| Reserves | 13 | €2,204 | €2,204 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €344 | €344 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,591 | €11,439 | -€4,152 | -26.6% |
| Amounts payable | 17/49 | €710 | €25 | -€685 | -96.5% |
| Amounts payable within one year | 42/48 | €708 | €22 | -€686 | -96.9% |
| Trade debts | 44 | - | €22 | +€22 | |
| Suppliers | 440/4 | - | €22 | +€22 | |
| Taxes, remuneration and social security | 45 | €708 | - | -€708 | |
| Taxes | 450/3 | €708 | - | -€708 | |
| Accrued charges and deferred income | 492/3 | €2 | €3 | +€1 | +50.0% |
| Turnover | 70 | €30,876 | €12,290 | -€18,586 | -60.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €22,110 | €10,867 | -€11,243 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,886 | €4,886 | = | 0.0% |
| Other operating charges | 640/8 | €425 | €616 | +€191 | +44.9% |
| Gross operating margin | 9900 | €8,767 | €1,423 | -€7,344 | -83.8% |
| Operating profit (loss) | 9901 | €3,456 | -€4,079 | -€7,535 | |
| Financial charges | 65/66B | €74 | €73 | -€1 | -1.4% |
| Recurring financial charges | 65 | €74 | €73 | -€1 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €3,382 | -€4,152 | -€7,534 | |
| Profit (loss) for the period | 9904 | €3,382 | -€4,152 | -€7,534 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,382 | -€4,152 | -€7,534 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.