Stupid Simple: 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.
Stupid Simple
Largest movements
- Tangible fixed assets +€15,113
up €15,113 (+65.3%), from €23,132 to €38,246
of which Furniture and vehicles: +€13,406
- Receivables within one year +€14,450
up €14,450 (+22.0%), from €65,573 to €80,023
of which Trade receivables: +€17,718
- Cash +€7,778
up €7,778 (+71.6%), from €10,866 to €18,644
mainly Net result for the year (+€43,156) and Depreciation (+€12,373)
- Deferred charges and accrued income +€4,898
up €4,898, from €0 to €4,898
- Reserves +€43,156
up €43,156 (+149%), from €28,972 to €72,129
of which Distributable reserves: +€43,156
- Other debts -€18,194
down €18,194 (-41.5%), from €43,799 to €25,605
- Tax, wage and social debts +€10,092
up €10,092 (+136%), from €7,398 to €17,491
of which Taxes: +€10,092
- Current portion of long-term debt +€8,875
new in 2025: €8,875
- Trade debts -€2,444
down €2,444 (-38.2%), from €6,401 to €3,957
- Gross operating margin +€20,042
up €20,042 (+40.8%), from €49,079 to €69,121
- Depreciation +€10,764
up €10,764 (+669%), from €1,609 to €12,373
- Taxes +€3,670
up €3,670 (+42.0%), from €8,732 to €12,402
- Financial charges -€1,095
down €1,095 (-47.9%), from €2,288 to €1,193
- Other operating charges -€1,066
down €1,066 (-100%), from €1,066 to €0
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 | €99,571 | €141,810 | +€42,239 | +42.4% |
| Fixed assets | 21/28 | €23,132 | €38,246 | +€15,113 | +65.3% |
| Tangible fixed assets | 22/27 | €23,132 | €38,246 | +€15,113 | +65.3% |
| Plant, machinery and equipment | 23 | €1,476 | €1,163 | -€313 | -21.2% |
| Furniture and vehicles | 24 | €467 | €13,873 | +€13,406 | +2,868% |
| Other tangible fixed assets | 26 | €21,188 | €23,209 | +€2,021 | +9.5% |
| Current assets | 29/58 | €76,439 | €103,564 | +€27,126 | +35.5% |
| Amounts receivable within one year | 40/41 | €65,573 | €80,023 | +€14,450 | +22.0% |
| Trade receivables | 40 | €62,305 | €80,023 | +€17,718 | +28.4% |
| Other amounts receivable | 41 | €3,268 | €0 | -€3,268 | -100% |
| Cash at bank and in hand | 54/58 | €10,866 | €18,644 | +€7,778 | +71.6% |
| Deferred charges and accrued income | 490/1 | €0 | €4,898 | +€4,898 | |
| Total equity and liabilities | 10/49 | €99,571 | €141,810 | +€42,239 | +42.4% |
| Equity | 10/15 | €41,972 | €85,129 | +€43,156 | +103% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €28,972 | €72,129 | +€43,156 | +149% |
| Non-distributable reserves | 130/1 | €1,300 | €1,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,300 | €1,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €213 | €213 | = | 0.0% |
| Distributable reserves | 133 | €27,459 | €70,615 | +€43,156 | +157% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €57,599 | €56,681 | -€917 | -1.6% |
| Amounts payable after more than one year | 17 | - | €754 | +€754 | |
| Financial debts | 170/4 | - | €754 | +€754 | |
| Amounts payable within one year | 42/48 | €57,599 | €55,928 | -€1,671 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | - | €8,875 | +€8,875 | |
| Trade debts | 44 | €6,401 | €3,957 | -€2,444 | -38.2% |
| Suppliers | 440/4 | €6,401 | €3,957 | -€2,444 | -38.2% |
| Taxes, remuneration and social security | 45 | €7,398 | €17,491 | +€10,092 | +136% |
| Taxes | 450/3 | €7,398 | €17,491 | +€10,092 | +136% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €43,799 | €25,605 | -€18,194 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,609 | €12,373 | +€10,764 | +669% |
| Other operating charges | 640/8 | €1,066 | €0 | -€1,066 | -100% |
| Non-recurring operating charges | 66A | €1,562 | €0 | -€1,562 | -100% |
| Gross operating margin | 9900 | €49,079 | €69,121 | +€20,042 | +40.8% |
| Operating profit (loss) | 9901 | €44,842 | €56,748 | +€11,906 | +26.6% |
| Financial income | 75/76B | €101 | €4 | -€97 | -96.1% |
| Recurring financial income | 75 | €101 | €4 | -€97 | -96.1% |
| Financial charges | 65/66B | €2,288 | €1,193 | -€1,095 | -47.9% |
| Recurring financial charges | 65 | €2,288 | €1,193 | -€1,095 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | €42,655 | €55,559 | +€12,904 | +30.3% |
| Income taxes | 67/77 | €8,732 | €12,402 | +€3,670 | +42.0% |
| Profit (loss) for the period | 9904 | €33,923 | €43,156 | +€9,233 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,923 | €43,156 | +€9,233 | +27.2% |
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 21 October 2026 via checked.be.