Simon Vanoverberghe: 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 Vanoverberghe
Largest movements
- Cash +€8,836
up €8,836 (+68.3%), from €12,938 to €21,774
mainly Trade debts (+€6,934) and Net result for the year (+€4,889)
- Receivables within one year +€3,932
up €3,932 (+30.1%), from €13,075 to €17,007
of which Trade receivables: +€3,932
- Deferred charges and accrued income +€1,249
up €1,249 (+174%), from €717 to €1,966
- Tangible fixed assets -€632
down €632 (-12.1%), from €5,238 to €4,606
of which Plant, machinery and equipment: -€531
- Trade debts +€6,934
up €6,934 (+435%), from €1,595 to €8,529
- Reserves +€4,889
up €4,889 (+35.8%), from €13,641 to €18,530
of which Distributable reserves: +€4,889
- Other debts +€1,063
up €1,063 (+163%), from €652 to €1,715
- Tax, wage and social debts +€838
up €838 (+105%), from €796 to €1,633
- Gross operating margin +€1,963
up €1,963 (+24.7%), from €7,961 to €9,924
- Taxes +€223
up €223 (+11.1%), from €2,000 to €2,223
- Financial income +€217
up €217 (+2,580%), from €8 to €225
- Other operating charges +€193
up €193 (+25.3%), from €765 to €958
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 | €35,234 | €48,957 | +€13,723 | +38.9% |
| Fixed assets | 21/28 | €5,238 | €4,606 | -€632 | -12.1% |
| Tangible fixed assets | 22/27 | €5,238 | €4,606 | -€632 | -12.1% |
| Plant, machinery and equipment | 23 | €2,354 | €1,823 | -€531 | -22.5% |
| Furniture and vehicles | 24 | €2,884 | €2,783 | -€101 | -3.5% |
| Current assets | 29/58 | €29,996 | €44,351 | +€14,355 | +47.9% |
| Stocks and contracts in progress | 3 | €3,266 | €3,604 | +€338 | +10.4% |
| Stocks | 30/36 | €3,266 | €3,604 | +€338 | +10.4% |
| Amounts receivable within one year | 40/41 | €13,075 | €17,007 | +€3,932 | +30.1% |
| Trade receivables | 40 | €13,064 | €16,996 | +€3,932 | +30.1% |
| Other amounts receivable | 41 | €11 | €11 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,938 | €21,774 | +€8,836 | +68.3% |
| Deferred charges and accrued income | 490/1 | €717 | €1,966 | +€1,249 | +174% |
| Total equity and liabilities | 10/49 | €35,234 | €48,957 | +€13,723 | +38.9% |
| Equity | 10/15 | €32,191 | €37,080 | +€4,889 | +15.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €13,641 | €18,530 | +€4,889 | +35.8% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €11,791 | €16,680 | +€4,889 | +41.5% |
| Amounts payable | 17/49 | €3,043 | €11,877 | +€8,834 | +290% |
| Amounts payable within one year | 42/48 | €3,043 | €11,877 | +€8,834 | +290% |
| Trade debts | 44 | €1,595 | €8,529 | +€6,934 | +435% |
| Suppliers | 440/4 | €1,595 | €8,529 | +€6,934 | +435% |
| Taxes, remuneration and social security | 45 | €796 | €1,633 | +€838 | +105% |
| Taxes | 450/3 | €796 | €1,633 | +€838 | +105% |
| Other amounts payable | 47/48 | €652 | €1,715 | +€1,063 | +163% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,822 | €1,873 | +€52 | +2.8% |
| Other operating charges | 640/8 | €765 | €958 | +€193 | +25.3% |
| Gross operating margin | 9900 | €7,961 | €9,924 | +€1,963 | +24.7% |
| Operating profit (loss) | 9901 | €5,374 | €7,093 | +€1,718 | +32.0% |
| Financial income | 75/76B | €8 | €225 | +€217 | +2,580% |
| Recurring financial income | 75 | €8 | €225 | +€217 | +2,580% |
| Financial charges | 65/66B | €121 | €206 | +€85 | +70.8% |
| Recurring financial charges | 65 | €121 | €206 | +€85 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €5,262 | €7,112 | +€1,850 | +35.2% |
| Income taxes | 67/77 | €2,000 | €2,223 | +€223 | +11.1% |
| Profit (loss) for the period | 9904 | €3,262 | €4,889 | +€1,627 | +49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,262 | €4,889 | +€1,627 | +49.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.