VS SIMPLIFY: 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.
VS SIMPLIFY
Largest movements
- Receivables within one year +€12,690
up €12,690 (+105.9%), from €11,981 to €24,670
of which Other amounts receivable: +€7,521
- Cash +€1,505
up €1,505 (+31.3%), from €4,810 to €6,315
mainly Net result for the year (+€11,057) and Other debts (+€11,053)
- Deferred charges and accrued income +€461
up €461 (+125.6%), from €367 to €827
- Other debts +€11,053
new in 2025: €11,053
- Tax, wage and social debts +€7,500
up €7,500 (+192.6%), from €3,893 to €11,393
- Reserves -€4,732
down €4,732 (-71.8%), from €6,592 to €1,860
of which Distributable reserves: -€4,732
- Trade debts +€685
up €685 (+110.2%), from €622 to €1,307
- Gross operating margin +€4,787
up €4,787 (+46.4%), from €10,325 to €15,112
- Taxes +€2,859
up €2,859 (+596.6%), from €479 to €3,338
- Depreciation -€208
down €208 (-58.1%), from €358 to €150
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 | €17,307 | €31,813 | +€14,505 | +83.8% |
| Fixed assets | 21/28 | €150 | - | -€150 | |
| Tangible fixed assets | 22/27 | €150 | - | -€150 | |
| Furniture and vehicles | 24 | €150 | - | -€150 | |
| Current assets | 29/58 | €17,157 | €31,813 | +€14,655 | +85.4% |
| Amounts receivable within one year | 40/41 | €11,981 | €24,670 | +€12,690 | +105.9% |
| Trade receivables | 40 | €6,131 | €11,299 | +€5,168 | +84.3% |
| Other amounts receivable | 41 | €5,850 | €13,371 | +€7,521 | +128.6% |
| Cash at bank and in hand | 54/58 | €4,810 | €6,315 | +€1,505 | +31.3% |
| Deferred charges and accrued income | 490/1 | €367 | €827 | +€461 | +125.6% |
| Total equity and liabilities | 10/49 | €17,307 | €31,813 | +€14,505 | +83.8% |
| Equity | 10/15 | €12,792 | €8,060 | -€4,732 | -37.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,592 | €1,860 | -€4,732 | -71.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,732 | - | -€4,732 | |
| Amounts payable | 17/49 | €4,515 | €23,753 | +€19,238 | +426.1% |
| Amounts payable within one year | 42/48 | €4,515 | €23,753 | +€19,238 | +426.1% |
| Trade debts | 44 | €622 | €1,307 | +€685 | +110.2% |
| Suppliers | 440/4 | €622 | €1,307 | +€685 | +110.2% |
| Taxes, remuneration and social security | 45 | €3,893 | €11,393 | +€7,500 | +192.6% |
| Taxes | 450/3 | €3,893 | €11,393 | +€7,500 | +192.6% |
| Other amounts payable | 47/48 | - | €11,053 | +€11,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €150 | -€208 | -58.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €10,325 | €15,112 | +€4,787 | +46.4% |
| Operating profit (loss) | 9901 | €9,580 | €14,563 | +€4,983 | +52.0% |
| Financial income | 75/76B | €38 | €32 | -€6 | -15.7% |
| Recurring financial income | 75 | €38 | €32 | -€6 | -15.7% |
| Financial charges | 65/66B | €190 | €199 | +€9 | +4.7% |
| Recurring financial charges | 65 | €190 | €199 | +€9 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €9,428 | €14,395 | +€4,968 | +52.7% |
| Income taxes | 67/77 | €479 | €3,338 | +€2,859 | +596.6% |
| Profit (loss) for the period | 9904 | €8,948 | €11,057 | +€2,109 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,948 | €11,057 | +€2,109 | +23.6% |
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 1 October 2026 via checked.be.