Simon HAAN: 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 HAAN
Largest movements
- Receivables within one year +€17,560
up €17,560 (+151.1%), from €11,623 to €29,183
of which Trade receivables: +€10,531
- Cash -€8,099
down €8,099 (-15.2%), from €53,357 to €45,258
mainly Receivables within one year (-€17,560) and Net result for the year (-€12,919)
- Tangible fixed assets -€1,329
down €1,329 (-45.8%), from €2,903 to €1,573
- Profit (loss) carried forward -€12,919
down €12,919 (-20.6%), from €62,762 to €49,843
- Trade debts +€10,709
up €10,709 (+355.4%), from €3,013 to €13,722
- Other debts +€9,345
up €9,345 (+1087.9%), from €859 to €10,204
- Tax, wage and social debts +€1,051
up €1,051 (+97.7%), from €1,076 to €2,126
- Gross operating margin -€41,473
down €41,473, from €30,863 to -€10,610
- Taxes -€8,047
down €8,047 (-98.4%), from €8,179 to €132
- Other operating charges +€593
up €593 (+882.4%), from €67 to €660
- Depreciation +€457
up €457 (+52.4%), from €872 to €1,329
- Financial income -€335
down €335 (-100.0%), from €335 to €0
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 | €68,210 | €76,396 | +€8,186 | +12.0% |
| Fixed assets | 21/28 | €2,903 | €1,573 | -€1,329 | -45.8% |
| Tangible fixed assets | 22/27 | €2,903 | €1,573 | -€1,329 | -45.8% |
| Furniture and vehicles | 24 | €2,903 | €1,573 | -€1,329 | -45.8% |
| Current assets | 29/58 | €65,307 | €74,822 | +€9,515 | +14.6% |
| Amounts receivable within one year | 40/41 | €11,623 | €29,183 | +€17,560 | +151.1% |
| Trade receivables | 40 | €5,341 | €15,872 | +€10,531 | +197.2% |
| Other amounts receivable | 41 | €6,282 | €13,311 | +€7,029 | +111.9% |
| Cash at bank and in hand | 54/58 | €53,357 | €45,258 | -€8,099 | -15.2% |
| Deferred charges and accrued income | 490/1 | €327 | €381 | +€55 | +16.8% |
| Total equity and liabilities | 10/49 | €68,210 | €76,396 | +€8,186 | +12.0% |
| Equity | 10/15 | €63,262 | €50,343 | -€12,919 | -20.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,762 | €49,843 | -€12,919 | -20.6% |
| Amounts payable | 17/49 | €4,948 | €26,053 | +€21,105 | +426.5% |
| Amounts payable within one year | 42/48 | €4,948 | €26,053 | +€21,105 | +426.5% |
| Trade debts | 44 | €3,013 | €13,722 | +€10,709 | +355.4% |
| Suppliers | 440/4 | €3,013 | €13,722 | +€10,709 | +355.4% |
| Taxes, remuneration and social security | 45 | €1,076 | €2,126 | +€1,051 | +97.7% |
| Taxes | 450/3 | €1,076 | €2,126 | +€1,051 | +97.7% |
| Other amounts payable | 47/48 | €859 | €10,204 | +€9,345 | +1087.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €872 | €1,329 | +€457 | +52.4% |
| Other operating charges | 640/8 | €67 | €660 | +€593 | +882.4% |
| Gross operating margin | 9900 | €30,863 | -€10,610 | -€41,473 | |
| Operating profit (loss) | 9901 | €29,924 | -€12,600 | -€42,523 | |
| Financial income | 75/76B | €335 | €0 | -€335 | -100.0% |
| Recurring financial income | 75 | €335 | €0 | -€335 | -100.0% |
| Financial charges | 65/66B | €189 | €187 | -€1 | -0.7% |
| Recurring financial charges | 65 | €189 | €187 | -€1 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €30,071 | -€12,787 | -€42,857 | |
| Income taxes | 67/77 | €8,179 | €132 | -€8,047 | -98.4% |
| Profit (loss) for the period | 9904 | €21,891 | -€12,919 | -€34,810 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,891 | -€12,919 | -€34,810 |
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 3 October 2026 via checked.be.