SIMON DEMEYERE: 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 DEMEYERE
Largest movements
- Cash +€89,248
up €89,248 (+72.2%), from €123,649 to €212,897
mainly Net result for the year (+€85,452) and Tax, wage and social debts (+€21,424)
- Receivables within one year +€9,211
new in 2025: €9,211
- Reserves +€85,452
up €85,452 (+102%), from €83,505 to €168,956
- Tax, wage and social debts +€21,424
up €21,424 (+80.7%), from €26,561 to €47,986
- Trade debts -€4,468
down €4,468 (-83.5%), from €5,353 to €885
- Other debts -€3,890
down €3,890 (-96.0%), from €4,054 to €164
- Taxes +€1,351
up €1,351 (+6.1%), from €21,978 to €23,329
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 | €124,472 | €222,991 | +€98,518 | +79.1% |
| Fixed assets | 21/28 | €750 | €750 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €123,722 | €222,241 | +€98,518 | +79.6% |
| Amounts receivable within one year | 40/41 | - | €9,211 | +€9,211 | |
| Other amounts receivable | 41 | - | €9,211 | +€9,211 | |
| Cash at bank and in hand | 54/58 | €123,649 | €212,897 | +€89,248 | +72.2% |
| Deferred charges and accrued income | 490/1 | €74 | €133 | +€59 | +80.5% |
| Total equity and liabilities | 10/49 | €124,472 | €222,991 | +€98,518 | +79.1% |
| Equity | 10/15 | €88,505 | €173,956 | +€85,452 | +96.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €83,505 | €168,956 | +€85,452 | +102% |
| Distributable reserves | 133 | €83,505 | €168,956 | +€85,452 | +102% |
| Amounts payable | 17/49 | €35,968 | €49,034 | +€13,067 | +36.3% |
| Amounts payable within one year | 42/48 | €35,968 | €49,034 | +€13,067 | +36.3% |
| Trade debts | 44 | €5,353 | €885 | -€4,468 | -83.5% |
| Suppliers | 440/4 | €5,353 | €885 | -€4,468 | -83.5% |
| Taxes, remuneration and social security | 45 | €26,561 | €47,986 | +€21,424 | +80.7% |
| Taxes | 450/3 | €26,561 | €47,986 | +€21,424 | +80.7% |
| Other amounts payable | 47/48 | €4,054 | €164 | -€3,890 | -96.0% |
| Other operating charges | 640/8 | €204 | €128 | -€76 | -37.3% |
| Gross operating margin | 9900 | €109,233 | €108,271 | -€962 | -0.9% |
| Operating profit (loss) | 9901 | €109,029 | €108,143 | -€886 | -0.8% |
| Financial income | 75/76B | - | €763 | +€763 | |
| Recurring financial income | 75 | - | €763 | +€763 | |
| Financial charges | 65/66B | €140 | €124 | -€16 | -11.3% |
| Recurring financial charges | 65 | €140 | €124 | -€16 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €108,889 | €108,781 | -€108 | -0.1% |
| Income taxes | 67/77 | €21,978 | €23,329 | +€1,351 | +6.1% |
| Profit (loss) for the period | 9904 | €86,911 | €85,452 | -€1,459 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,911 | €85,452 | -€1,459 | -1.7% |
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 26 October 2026 via checked.be.