MANAGEMENT SIMON DEPREZ: what changed
MANAGEMENT SIMON DEPREZ
Largest movements
- Cash -€68,665
down €68,665 (-34.4%), from €199,749 to €131,085
mainly Contributions, distributions and other (-€317,527) and Debts after one year (-€11,768)
- Receivables within one year -€26,418
down €26,418 (-96.4%), from €27,418 to €1,000
of which Trade receivables: -€27,225
- Tangible fixed assets -€10,089
down €10,089 (-28.4%), from €35,539 to €25,450
- Profit (loss) carried forward -€218,406
no longer reported in 2025 (was €218,406)
- Other debts +€117,214
new in 2025: €117,214
- Debts after one year -€11,768
no longer reported in 2025 (was €11,768)
- Tax, wage and social debts +€8,943
up €8,943 (+51.8%), from €17,266 to €26,209
- Gross operating margin +€52,156
up €52,156 (+60.6%), from €86,041 to €138,197
- Taxes +€12,195
up €12,195 (+77.6%), from €15,718 to €27,913
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €264,655 | €159,508 | -€105,147 | -39.7% |
| Fixed assets | 21/28 | €35,539 | €25,450 | -€10,089 | -28.4% |
| Tangible fixed assets | 22/27 | €35,539 | €25,450 | -€10,089 | -28.4% |
| Furniture and vehicles | 24 | €35,539 | €25,450 | -€10,089 | -28.4% |
| Current assets | 29/58 | €229,116 | €134,058 | -€95,058 | -41.5% |
| Amounts receivable within one year | 40/41 | €27,418 | €1,000 | -€26,418 | -96.4% |
| Trade receivables | 40 | €27,225 | - | -€27,225 | |
| Other amounts receivable | 41 | €193 | €1,000 | +€807 | +418% |
| Cash at bank and in hand | 54/58 | €199,749 | €131,085 | -€68,665 | -34.4% |
| Deferred charges and accrued income | 490/1 | €1,948 | €1,973 | +€25 | +1.3% |
| Total equity and liabilities | 10/49 | €264,655 | €159,508 | -€105,147 | -39.7% |
| Equity | 10/15 | €220,406 | €2,000 | -€218,406 | -99.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218,406 | - | -€218,406 | |
| Amounts payable | 17/49 | €44,248 | €157,508 | +€113,259 | +256% |
| Amounts payable after more than one year | 17 | €11,768 | - | -€11,768 | |
| Financial debts | 170/4 | €11,768 | - | -€11,768 | |
| Amounts payable within one year | 42/48 | €32,481 | €157,320 | +€124,839 | +384% |
| Current portion of amounts payable after more than one year | 42 | €14,121 | €11,768 | -€2,354 | -16.7% |
| Trade debts | 44 | €1,093 | €2,129 | +€1,036 | +94.7% |
| Suppliers | 440/4 | €1,093 | €2,129 | +€1,036 | +94.7% |
| Taxes, remuneration and social security | 45 | €17,266 | €26,209 | +€8,943 | +51.8% |
| Taxes | 450/3 | €17,266 | €26,209 | +€8,943 | +51.8% |
| Other amounts payable | 47/48 | - | €117,214 | +€117,214 | |
| Accrued charges and deferred income | 492/3 | - | €188 | +€188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,089 | €10,089 | = | 0.0% |
| Other operating charges | 640/8 | €395 | €801 | +€406 | +103% |
| Gross operating margin | 9900 | €86,041 | €138,197 | +€52,156 | +60.6% |
| Operating profit (loss) | 9901 | €75,557 | €127,307 | +€51,750 | +68.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €273 | €273 | +€1 | +0.2% |
| Recurring financial charges | 65 | €273 | €273 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €75,285 | €127,033 | +€51,749 | +68.7% |
| Income taxes | 67/77 | €15,718 | €27,913 | +€12,195 | +77.6% |
| Profit (loss) for the period | 9904 | €59,566 | €99,121 | +€39,554 | +66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,566 | €99,121 | +€39,554 | +66.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.