SIMON PIERRE: 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 PIERRE
Largest movements
- Financial fixed assets +€615,777
new in 2025: €615,777
- Receivables within one year +€60,909
up €60,909 (+49.6%), from €122,683 to €183,592
of which Trade receivables: +€35,048
- Debts after one year +€480,671
new in 2025: €480,671
- Profit (loss) carried forward +€118,017
up €118,017 (+273%), from €43,288 to €161,304
- Current portion of long-term debt +€57,443
new in 2025: €57,443
- Trade debts +€16,477
up €16,477 (+24.8%), from €66,512 to €82,989
- Purchases and services -€137,044
down €137,044 (-43.8%), from €312,684 to €175,640
- Turnover -€130,081
down €130,081 (-41.1%), from €316,529 to €186,449
- Financial income +€120,038
up €120,038 (+1,179,159%), from €10 to €120,049
- Financial charges +€7,991
up €7,991 (+468%), from €1,709 to €9,699
- Gross operating margin +€6,963
up €6,963 (+181%), from €3,846 to €10,808
From the 31-01-2025 result to the 31-12-2025 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 31-01-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-01-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,788 | €807,733 | +€673,945 | +504% |
| Fixed assets | 21/28 | €957 | €616,038 | +€615,081 | +64,299% |
| Tangible fixed assets | 22/27 | €957 | €261 | -€696 | -72.7% |
| Plant, machinery and equipment | 23 | €957 | €261 | -€696 | -72.7% |
| Financial fixed assets | 28 | - | €615,777 | +€615,777 | |
| Current assets | 29/58 | €132,831 | €191,695 | +€58,864 | +44.3% |
| Amounts receivable within one year | 40/41 | €122,683 | €183,592 | +€60,909 | +49.6% |
| Trade receivables | 40 | €66,981 | €102,029 | +€35,048 | +52.3% |
| Other amounts receivable | 41 | €55,702 | €81,563 | +€25,861 | +46.4% |
| Cash at bank and in hand | 54/58 | €10,148 | €8,103 | -€2,045 | -20.2% |
| Total equity and liabilities | 10/49 | €133,788 | €807,733 | +€673,945 | +504% |
| Equity | 10/15 | €66,348 | €184,364 | +€118,017 | +178% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,288 | €161,304 | +€118,017 | +273% |
| Amounts payable | 17/49 | €67,440 | €623,369 | +€555,929 | +824% |
| Amounts payable after more than one year | 17 | - | €480,671 | +€480,671 | |
| Financial debts | 170/4 | - | €480,671 | +€480,671 | |
| Amounts payable within one year | 42/48 | €67,440 | €142,698 | +€75,258 | +112% |
| Current portion of amounts payable after more than one year | 42 | - | €57,443 | +€57,443 | |
| Trade debts | 44 | €66,512 | €82,989 | +€16,477 | +24.8% |
| Suppliers | 440/4 | €66,512 | €82,989 | +€16,477 | +24.8% |
| Taxes, remuneration and social security | 45 | €928 | €2,266 | +€1,338 | +144% |
| Taxes | 450/3 | €928 | €2,266 | +€1,338 | +144% |
| Turnover | 70 | €316,529 | €186,449 | -€130,081 | -41.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €312,684 | €175,640 | -€137,044 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €696 | €696 | = | 0.0% |
| Other operating charges | 640/8 | €319 | €179 | -€140 | -43.8% |
| Gross operating margin | 9900 | €3,846 | €10,808 | +€6,963 | +181% |
| Operating profit (loss) | 9901 | €2,831 | €9,933 | +€7,102 | +251% |
| Financial income | 75/76B | €10 | €120,049 | +€120,038 | +1,179,159% |
| Recurring financial income | 75 | €10 | €120,049 | +€120,038 | +1,179,159% |
| Financial charges | 65/66B | €1,709 | €9,699 | +€7,991 | +468% |
| Recurring financial charges | 65 | €1,709 | €9,699 | +€7,991 | +468% |
| Profit (loss) for the period before taxes | 9903 | €1,133 | €120,283 | +€119,150 | +10,520% |
| Income taxes | 67/77 | - | €2,266 | +€2,266 | |
| Profit (loss) for the period | 9904 | €1,133 | €118,017 | +€116,884 | +10,320% |
| Profit (loss) for the period to be appropriated | 9905 | €1,133 | €118,017 | +€116,884 | +10,320% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.