SIMON DELVOYE: 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 DELVOYE
Largest movements
- Receivables within one year -€12,952
down €12,952 (-79.9%), from €16,202 to €3,250
of which Other amounts receivable: -€7,823
- Cash -€11,205
down €11,205 (-90.6%), from €12,369 to €1,165
mainly Accrued charges and deferred income (-€16,000) and Net result for the year (-€8,236)
- Tangible fixed assets -€1,552
down €1,552 (-14.9%), from €10,406 to €8,854
of which Furniture and vehicles: -€1,344
- Accrued charges and deferred income -€16,000
down €16,000 (-65.3%), from €24,500 to €8,500
- Profit (loss) carried forward -€8,236
down €8,236, from €1,344 to -€6,892
- Tax, wage and social debts -€4,962
no longer reported in 2025 (was €4,962)
- Trade debts +€3,489
up €3,489 (+83.7%), from €4,171 to €7,660
- Gross operating margin -€9,039
down €9,039, from €3,375 to -€5,664
- Other operating charges -€716
no longer reported in 2025 (was €716)
- Taxes -€559
down €559 (-55.9%), from €1,000 to €441
- Financial charges +€450
up €450 (+348.0%), from €129 to €580
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 | €38,977 | €13,268 | -€25,709 | -66.0% |
| Fixed assets | 21/28 | €10,406 | €8,854 | -€1,552 | -14.9% |
| Tangible fixed assets | 22/27 | €10,406 | €8,854 | -€1,552 | -14.9% |
| Land and buildings | 22 | €6,322 | €6,115 | -€208 | -3.3% |
| Furniture and vehicles | 24 | €4,084 | €2,740 | -€1,344 | -32.9% |
| Current assets | 29/58 | €28,571 | €4,414 | -€24,157 | -84.5% |
| Amounts receivable within one year | 40/41 | €16,202 | €3,250 | -€12,952 | -79.9% |
| Trade receivables | 40 | €8,378 | €3,250 | -€5,129 | -61.2% |
| Other amounts receivable | 41 | €7,823 | - | -€7,823 | |
| Cash at bank and in hand | 54/58 | €12,369 | €1,165 | -€11,205 | -90.6% |
| Total equity and liabilities | 10/49 | €38,977 | €13,268 | -€25,709 | -66.0% |
| Equity | 10/15 | €5,344 | -€2,892 | -€8,236 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,344 | -€6,892 | -€8,236 | |
| Amounts payable | 17/49 | €33,633 | €16,160 | -€17,473 | -52.0% |
| Amounts payable within one year | 42/48 | €9,133 | €7,660 | -€1,473 | -16.1% |
| Trade debts | 44 | €4,171 | €7,660 | +€3,489 | +83.7% |
| Suppliers | 440/4 | €4,171 | €7,660 | +€3,489 | +83.7% |
| Taxes, remuneration and social security | 45 | €4,962 | - | -€4,962 | |
| Taxes | 450/3 | €4,962 | - | -€4,962 | |
| Accrued charges and deferred income | 492/3 | €24,500 | €8,500 | -€16,000 | -65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,525 | €1,552 | +€27 | +1.7% |
| Other operating charges | 640/8 | €716 | - | -€716 | |
| Gross operating margin | 9900 | €3,375 | -€5,664 | -€9,039 | |
| Operating profit (loss) | 9901 | €1,134 | -€7,216 | -€8,350 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €129 | €580 | +€450 | +348.0% |
| Recurring financial charges | 65 | €129 | €580 | +€450 | +348.0% |
| Profit (loss) for the period before taxes | 9903 | €1,005 | -€7,795 | -€8,801 | |
| Income taxes | 67/77 | €1,000 | €441 | -€559 | -55.9% |
| Profit (loss) for the period | 9904 | €5 | -€8,236 | -€8,241 | |
| Profit (loss) for the period to be appropriated | 9905 | €5 | -€8,236 | -€8,241 |
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 9 October 2026 via checked.be.