SIMON JEAN-PHILIPPE: 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 JEAN-PHILIPPE
Largest movements
- Receivables within one year -€1,831
down €1,831 (-78.2%), from €2,341 to €510
of which Trade receivables: -€2,203
- Cash +€326
up €326, from €0 to €326
mainly Other debts (+€12,052) and Receivables within one year (+€1,831)
- Other debts +€12,052
up €12,052 (+63.9%), from €18,870 to €30,922
- Short-term financial debts -€9,941
down €9,941 (-100%), from €9,941 to €0
- Trade debts -€2,869
down €2,869 (-31.1%), from €9,221 to €6,352
- Accrued charges and deferred income -€384
down €384 (-100%), from €384 to €0
- Profit (loss) carried forward -€363
down €363 (-0.7%), from -€55,163 to -€55,526
- Gross operating margin +€2,674
up €2,674, from -€1,408 to €1,267
- Financial income -€1,150
no longer reported in 2025 (was €1,150)
- Financial charges -€352
down €352 (-19.7%), from €1,789 to €1,437
- Other operating charges +€37
up €37 (+23.7%), from €156 to €193
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 | €3,700 | €2,195 | -€1,505 | -40.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €3,700 | €2,195 | -€1,505 | -40.7% |
| Stocks and contracts in progress | 3 | €1,359 | €1,359 | = | 0.0% |
| Stocks | 30/36 | €1,359 | €1,359 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,341 | €510 | -€1,831 | -78.2% |
| Trade receivables | 40 | €2,203 | €0 | -€2,203 | -100% |
| Other amounts receivable | 41 | €138 | €510 | +€372 | +269% |
| Cash at bank and in hand | 54/58 | €0 | €326 | +€326 | |
| Total equity and liabilities | 10/49 | €3,700 | €2,195 | -€1,505 | -40.7% |
| Equity | 10/15 | -€34,716 | -€35,079 | -€363 | -1.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,897 | €1,897 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,897 | €1,897 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,897 | €1,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,163 | -€55,526 | -€363 | -0.7% |
| Amounts payable | 17/49 | €38,416 | €37,274 | -€1,142 | -3.0% |
| Amounts payable within one year | 42/48 | €38,032 | €37,274 | -€758 | -2.0% |
| Financial debts | 43 | €9,941 | €0 | -€9,941 | -100% |
| Credit institutions | 430/8 | €9,941 | €0 | -€9,941 | -100% |
| Trade debts | 44 | €9,221 | €6,352 | -€2,869 | -31.1% |
| Suppliers | 440/4 | €9,221 | €6,352 | -€2,869 | -31.1% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €18,870 | €30,922 | +€12,052 | +63.9% |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100% |
| Other operating charges | 640/8 | €156 | €193 | +€37 | +23.7% |
| Gross operating margin | 9900 | -€1,408 | €1,267 | +€2,674 | |
| Operating profit (loss) | 9901 | -€1,564 | €1,074 | +€2,637 | |
| Financial income | 75/76B | €1,150 | - | -€1,150 | |
| Recurring financial income | 75 | €1,150 | - | -€1,150 | |
| Financial charges | 65/66B | €1,789 | €1,437 | -€352 | -19.7% |
| Recurring financial charges | 65 | €1,789 | €1,437 | -€352 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,203 | -€363 | +€1,840 | +83.5% |
| Profit (loss) for the period | 9904 | -€2,203 | -€363 | +€1,840 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,203 | -€363 | +€1,840 | +83.5% |
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.