Simon DEVRESSE: what changed
Two fiscal 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 DEVRESSE
Largest movements
- Intangible fixed assets -€8,574
down €8,574 (-44.5%), from €19,274 to €10,700
- Receivables after one year +€4,694
up €4,694 (+15.8%), from €29,785 to €34,479
- Cash +€2,547
up €2,547 (+90.7%), from €2,808 to €5,355
mainly Net result for the year (+€25,787) and Depreciation (+€9,565)
- Tangible fixed assets +€1,284
up €1,284 (+58.1%), from €2,209 to €3,493
of which Furniture and vehicles: +€964
- Current portion of long-term debt -€9,607
down €9,607 (-100.0%), from €9,607 to €0
- Other debts +€9,500
up €9,500, from €0 to €9,500
- Debts after one year -€2,000
down €2,000 (-13.5%), from €14,772 to €12,772
of which Financial debts: -€2,000
- Profit (loss) carried forward +€1,787
up €1,787 (+11.9%), from €15,067 to €16,855
- Gross operating margin -€9,835
down €9,835 (-19.5%), from €50,510 to €40,675
- Taxes -€2,493
down €2,493 (-62.4%), from €3,998 to €1,504
- Financial charges +€1,379
up €1,379 (+128.2%), from €1,076 to €2,455
- Depreciation +€721
up €721 (+8.2%), from €8,843 to €9,565
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,258 | €54,026 | -€231 | -0.4% |
| Fixed assets | 21/28 | €21,482 | €14,192 | -€7,290 | -33.9% |
| Intangible fixed assets | 21 | €19,274 | €10,700 | -€8,574 | -44.5% |
| Tangible fixed assets | 22/27 | €2,209 | €3,493 | +€1,284 | +58.1% |
| Plant, machinery and equipment | 23 | €0 | €319 | +€319 | |
| Furniture and vehicles | 24 | €2,209 | €3,173 | +€964 | +43.7% |
| Current assets | 29/58 | €32,775 | €39,834 | +€7,059 | +21.5% |
| Amounts receivable after more than one year | 29 | €29,785 | €34,479 | +€4,694 | +15.8% |
| Other amounts receivable | 291 | €29,785 | €34,479 | +€4,694 | +15.8% |
| Amounts receivable within one year | 40/41 | - | €0 | = | |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €2,808 | €5,355 | +€2,547 | +90.7% |
| Deferred charges and accrued income | 490/1 | €182 | €0 | -€182 | -100.0% |
| Total equity and liabilities | 10/49 | €54,258 | €54,026 | -€231 | -0.4% |
| Equity | 10/15 | €25,067 | €26,855 | +€1,787 | +7.1% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,067 | €16,855 | +€1,787 | +11.9% |
| Amounts payable | 17/49 | €29,190 | €27,172 | -€2,019 | -6.9% |
| Amounts payable after more than one year | 17 | €14,772 | €12,772 | -€2,000 | -13.5% |
| Financial debts | 170/4 | €14,772 | €12,772 | -€2,000 | -13.5% |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €14,419 | €14,400 | -€19 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €9,607 | €0 | -€9,607 | -100.0% |
| Trade debts | 44 | €812 | €900 | +€88 | +10.9% |
| Suppliers | 440/4 | €812 | €900 | +€88 | +10.9% |
| Taxes, remuneration and social security | 45 | €4,000 | €4,000 | = | 0.0% |
| Taxes | 450/3 | €4,000 | €4,000 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €9,500 | +€9,500 | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,843 | €9,565 | +€721 | +8.2% |
| Other operating charges | 640/8 | €1,117 | €1,378 | +€261 | +23.4% |
| Gross operating margin | 9900 | €50,510 | €40,675 | -€9,835 | -19.5% |
| Operating profit (loss) | 9901 | €40,550 | €29,732 | -€10,817 | -26.7% |
| Financial income | 75/76B | €3 | €15 | +€12 | +443.4% |
| Recurring financial income | 75 | €3 | €15 | +€12 | +443.4% |
| Financial charges | 65/66B | €1,076 | €2,455 | +€1,379 | +128.2% |
| Recurring financial charges | 65 | €1,076 | €2,455 | +€1,379 | +128.2% |
| Profit (loss) for the period before taxes | 9903 | €39,476 | €27,292 | -€12,184 | -30.9% |
| Income taxes | 67/77 | €3,998 | €1,504 | -€2,493 | -62.4% |
| Profit (loss) for the period | 9904 | €35,478 | €25,787 | -€9,691 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,478 | €25,787 | -€9,691 | -27.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.