SIMON DEVRIES: 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 DEVRIES
Largest movements
- Receivables within one year +€7,229
up €7,229 (+130.7%), from €5,532 to €12,761
of which Other amounts receivable: +€7,130
- Tangible fixed assets -€1,236
down €1,236 (-35.2%), from €3,510 to €2,274
of which Plant, machinery and equipment: -€762
- Cash +€467
up €467 (+20.0%), from €2,332 to €2,799
mainly Trade debts (+€3,227) and Tax, wage and social debts (+€3,080)
- Deferred charges and accrued income -€194
down €194 (-16.4%), from €1,184 to €990
- Trade debts +€3,227
up €3,227 (+198.9%), from €1,622 to €4,849
- Tax, wage and social debts +€3,080
up €3,080 (+119.6%), from €2,576 to €5,656
- Gross operating margin -€3,957
down €3,957 (-50.8%), from €7,787 to €3,830
- Taxes -€1,070
down €1,070 (-100.0%), from €1,070 to €0
- Other operating charges +€965
up €965 (+301.5%), from €320 to €1,286
- Financial income +€214
up €214 (+313.5%), from €68 to €282
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 | €12,558 | €18,824 | +€6,266 | +49.9% |
| Fixed assets | 21/28 | €3,510 | €2,274 | -€1,236 | -35.2% |
| Tangible fixed assets | 22/27 | €3,510 | €2,274 | -€1,236 | -35.2% |
| Plant, machinery and equipment | 23 | €1,350 | €587 | -€762 | -56.5% |
| Furniture and vehicles | 24 | €2,160 | €1,686 | -€474 | -21.9% |
| Current assets | 29/58 | €9,049 | €16,551 | +€7,502 | +82.9% |
| Amounts receivable within one year | 40/41 | €5,532 | €12,761 | +€7,229 | +130.7% |
| Trade receivables | 40 | €2,227 | €2,326 | +€99 | +4.5% |
| Other amounts receivable | 41 | €3,305 | €10,435 | +€7,130 | +215.7% |
| Cash at bank and in hand | 54/58 | €2,332 | €2,799 | +€467 | +20.0% |
| Deferred charges and accrued income | 490/1 | €1,184 | €990 | -€194 | -16.4% |
| Total equity and liabilities | 10/49 | €12,558 | €18,824 | +€6,266 | +49.9% |
| Equity | 10/15 | €8,360 | €8,319 | -€41 | -0.5% |
| Profit (loss) carried forward | 14 | €8,360 | €8,319 | -€41 | -0.5% |
| Amounts payable | 17/49 | €4,198 | €10,505 | +€6,307 | +150.2% |
| Amounts payable within one year | 42/48 | €4,198 | €10,505 | +€6,307 | +150.2% |
| Trade debts | 44 | €1,622 | €4,849 | +€3,227 | +198.9% |
| Suppliers | 440/4 | €1,622 | €4,849 | +€3,227 | +198.9% |
| Taxes, remuneration and social security | 45 | €2,576 | €5,656 | +€3,080 | +119.6% |
| Taxes | 450/3 | €2,576 | €5,656 | +€3,080 | +119.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,398 | €2,355 | -€43 | -1.8% |
| Other operating charges | 640/8 | €320 | €1,286 | +€965 | +301.5% |
| Gross operating margin | 9900 | €7,787 | €3,830 | -€3,957 | -50.8% |
| Operating profit (loss) | 9901 | €5,069 | €190 | -€4,879 | -96.3% |
| Financial income | 75/76B | €68 | €282 | +€214 | +313.5% |
| Recurring financial income | 75 | €68 | €282 | +€214 | +313.5% |
| Financial charges | 65/66B | €495 | €513 | +€18 | +3.7% |
| Recurring financial charges | 65 | €495 | €513 | +€18 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €4,643 | -€41 | -€4,684 | |
| Income taxes | 67/77 | €1,070 | €0 | -€1,070 | -100.0% |
| Profit (loss) for the period | 9904 | €3,573 | -€41 | -€3,614 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,573 | -€41 | -€3,614 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.