SIMON CALLENS: 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.
SIMON CALLENS
Largest movements
- Cash +€30,492
up €30,492 (+67.0%), from €45,501 to €75,993
mainly Other debts (+€74,061) and Receivables within one year (+€26,984)
- Receivables within one year -€26,984
down €26,984 (-34.9%), from €77,428 to €50,444
of which Other amounts receivable: -€26,854
- Other debts +€74,061
up €74,061 (+1,646%), from €4,500 to €78,561
- Reserves -€68,536
down €68,536 (-73.7%), from €92,943 to €24,407
of which Distributable reserves: -€66,676
- Tax, wage and social debts -€2,952
down €2,952 (-39.5%), from €7,467 to €4,515
- Trade debts +€1,403
up €1,403 (+96.2%), from €1,459 to €2,861
- Gross operating margin -€20,791
down €20,791 (-40.0%), from €52,000 to €31,209
- Taxes -€6,915
down €6,915 (-49.6%), from €13,938 to €7,023
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 | €124,968 | €128,945 | +€3,976 | +3.2% |
| Current assets | 29/58 | €124,968 | €128,945 | +€3,976 | +3.2% |
| Amounts receivable within one year | 40/41 | €77,428 | €50,444 | -€26,984 | -34.9% |
| Trade receivables | 40 | €130 | €0 | -€130 | -100% |
| Other amounts receivable | 41 | €77,298 | €50,444 | -€26,854 | -34.7% |
| Cash at bank and in hand | 54/58 | €45,501 | €75,993 | +€30,492 | +67.0% |
| Deferred charges and accrued income | 490/1 | €2,040 | €2,508 | +€468 | +22.9% |
| Total equity and liabilities | 10/49 | €124,968 | €128,945 | +€3,976 | +3.2% |
| Equity | 10/15 | €111,543 | €43,007 | -€68,536 | -61.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €92,943 | €24,407 | -€68,536 | -73.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €91,083 | €24,407 | -€66,676 | -73.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,426 | €85,938 | +€72,512 | +540% |
| Amounts payable within one year | 42/48 | €13,426 | €85,938 | +€72,512 | +540% |
| Trade debts | 44 | €1,459 | €2,861 | +€1,403 | +96.2% |
| Suppliers | 440/4 | €1,459 | €2,861 | +€1,403 | +96.2% |
| Taxes, remuneration and social security | 45 | €7,467 | €4,515 | -€2,952 | -39.5% |
| Taxes | 450/3 | €7,467 | €4,515 | -€2,952 | -39.5% |
| Other amounts payable | 47/48 | €4,500 | €78,561 | +€74,061 | +1,646% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,590 | €1,308 | -€282 | -17.8% |
| Gross operating margin | 9900 | €52,000 | €31,209 | -€20,791 | -40.0% |
| Operating profit (loss) | 9901 | €50,410 | €29,901 | -€20,509 | -40.7% |
| Financial income | 75/76B | €124 | €1 | -€123 | -99.5% |
| Recurring financial income | 75 | €124 | €1 | -€123 | -99.5% |
| Financial charges | 65/66B | €286 | €332 | +€46 | +15.9% |
| Recurring financial charges | 65 | €286 | €332 | +€46 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €50,248 | €29,570 | -€20,678 | -41.2% |
| Income taxes | 67/77 | €13,938 | €7,023 | -€6,915 | -49.6% |
| Profit (loss) for the period | 9904 | €36,310 | €22,547 | -€13,763 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,310 | €22,547 | -€13,763 | -37.9% |
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 14 October 2026 via checked.be.