Simon De Roo: 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 De Roo
Largest movements
- Cash +€34,359
up €34,359 (+41.7%), from €82,411 to €116,770
mainly Net result for the year (+€41,551) and Receivables within one year (+€5,960)
- Receivables within one year -€5,960
down €5,960 (-45.5%), from €13,105 to €7,145
of which Trade receivables: -€5,663
- Profit (loss) carried forward +€41,551
up €41,551 (+71.9%), from €57,825 to €99,376
- Trade debts -€8,296
down €8,296 (-84.5%), from €9,823 to €1,527
- Tax, wage and social debts -€5,878
down €5,878 (-24.8%), from €23,723 to €17,845
of which Taxes: -€4,378
- Gross operating margin +€9,316
up €9,316 (+21.2%), from €43,956 to €53,272
- Taxes -€897
down €897 (-7.3%), from €12,255 to €11,358
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 | €96,371 | €124,404 | +€28,033 | +29.1% |
| Fixed assets | 21/28 | €855 | €489 | -€366 | -42.9% |
| Tangible fixed assets | 22/27 | €815 | €449 | -€366 | -45.0% |
| Furniture and vehicles | 24 | €815 | €449 | -€366 | -45.0% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €95,516 | €123,915 | +€28,399 | +29.7% |
| Amounts receivable within one year | 40/41 | €13,105 | €7,145 | -€5,960 | -45.5% |
| Trade receivables | 40 | €5,708 | €45 | -€5,663 | -99.2% |
| Other amounts receivable | 41 | €7,397 | €7,101 | -€296 | -4.0% |
| Cash at bank and in hand | 54/58 | €82,411 | €116,770 | +€34,359 | +41.7% |
| Total equity and liabilities | 10/49 | €96,371 | €124,404 | +€28,033 | +29.1% |
| Equity | 10/15 | €62,825 | €104,376 | +€41,551 | +66.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,825 | €99,376 | +€41,551 | +71.9% |
| Amounts payable | 17/49 | €33,546 | €20,028 | -€13,518 | -40.3% |
| Amounts payable within one year | 42/48 | €33,546 | €19,372 | -€14,174 | -42.3% |
| Trade debts | 44 | €9,823 | €1,527 | -€8,296 | -84.5% |
| Suppliers | 440/4 | €9,823 | €1,527 | -€8,296 | -84.5% |
| Taxes, remuneration and social security | 45 | €23,723 | €17,845 | -€5,878 | -24.8% |
| Taxes | 450/3 | €22,223 | €17,845 | -€4,378 | -19.7% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €656 | +€656 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €284 | €366 | +€82 | +28.9% |
| Other operating charges | 640/8 | €13 | €136 | +€123 | +948.9% |
| Gross operating margin | 9900 | €43,956 | €53,272 | +€9,316 | +21.2% |
| Operating profit (loss) | 9901 | €43,659 | €52,769 | +€9,110 | +20.9% |
| Financial income | 75/76B | €520 | €392 | -€128 | -24.5% |
| Recurring financial income | 75 | €520 | €392 | -€128 | -24.5% |
| Financial charges | 65/66B | €373 | €253 | -€120 | -32.2% |
| Recurring financial charges | 65 | €373 | €253 | -€120 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €43,806 | €52,908 | +€9,103 | +20.8% |
| Income taxes | 67/77 | €12,255 | €11,358 | -€897 | -7.3% |
| Profit (loss) for the period | 9904 | €31,551 | €41,551 | +€10,000 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,551 | €41,551 | +€10,000 | +31.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.