Simon Verhamme: 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.
What changed
Simon Verhamme
NACE 96.210, Hairdressing and barber services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,404
2024 · €2,951-€1,547
Equity
€6,354
2024 · €4,951+€1,404
Cash
€10,798
2024 · €14,824-€4,025
Balance sheet total
€407,389
2024 · €24,900+€382,490
Largest movements
Assets
- Tangible fixed assets +€384,132
up €384,132 (+5198.8%), from €7,389 to €391,520
of which Land and buildings: +€377,552
Equity and liabilities
- Debts after one year +€285,338
new in 2025: €285,338
- Other debts +€84,044
up €84,044 (+828.6%), from €10,143 to €94,187
- Current portion of long-term debt +€11,246
new in 2025: €11,246
Income statement
- Gross operating margin +€20,875
up €20,875 (+503.3%), from €4,148 to €25,023
- Other operating charges +€10,953
new in 2025: €10,953
- Depreciation +€7,419
up €7,419 (+2325.6%), from €319 to €7,738
- Financial charges +€4,234
up €4,234 (+48165.1%), from €9 to €4,243
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.
Result 2024
€2,951
Gross operating margin
+€20,875
Depreciation
-€7,419
Other operating charges
-€10,953
Financial income
+€0
Financial charges
-€4,234
Taxes
+€183
Result 2025
€1,404
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.
From operations
+€90,930
Investment
-€391,540
Financing
+€296,584
Cash 2024
€14,824
From operations (derived)
+€90,930
Net result for the year
+€1,404
Depreciation
+€7,738
Receivables within one year
-€2,252
Smaller working-capital items
-€735
Tax, wage and social debts
+€2,515
Other debts
+€84,044
Accrued charges and deferred income
-€1,783
Investment (derived)
-€391,540
Investment in fixed assets (net)
-€391,540
Financing
+€296,584
Debts after one year
+€285,338
Current portion of long-term debt
+€11,246
Cash 2025
€10,798
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,900 | €407,389 | +€382,490 | +1536.1% |
| Fixed assets | 21/28 | €9,681 | €393,483 | +€383,802 | +3964.5% |
| Intangible fixed assets | 21 | €2,292 | €1,812 | -€480 | -20.9% |
| Tangible fixed assets | 22/27 | €7,389 | €391,520 | +€384,132 | +5198.8% |
| Land and buildings | 22 | €5,670 | €383,222 | +€377,552 | +6659.1% |
| Plant, machinery and equipment | 23 | €382 | €7,241 | +€6,859 | +1795.5% |
| Furniture and vehicles | 24 | €1,337 | €1,057 | -€280 | -20.9% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €15,219 | €13,907 | -€1,312 | -8.6% |
| Amounts receivable within one year | 40/41 | €395 | €2,647 | +€2,252 | +570.2% |
| Trade receivables | 40 | €395 | €2,645 | +€2,250 | +569.5% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €14,824 | €10,798 | -€4,025 | -27.2% |
| Deferred charges and accrued income | 490/1 | - | €461 | +€461 | |
| Total equity and liabilities | 10/49 | €24,900 | €407,389 | +€382,490 | +1536.1% |
| Equity | 10/15 | €4,951 | €6,354 | +€1,404 | +28.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,951 | €4,354 | +€1,404 | +47.6% |
| Distributable reserves | 133 | €2,951 | €4,354 | +€1,404 | +47.6% |
| Amounts payable | 17/49 | €19,949 | €401,035 | +€381,086 | +1910.3% |
| Amounts payable after more than one year | 17 | - | €285,338 | +€285,338 | |
| Financial debts | 170/4 | - | €285,338 | +€285,338 | |
| Amounts payable within one year | 42/48 | €18,166 | €115,697 | +€97,531 | +536.9% |
| Current portion of amounts payable after more than one year | 42 | - | €11,246 | +€11,246 | |
| Trade debts | 44 | €2,513 | €2,239 | -€273 | -10.9% |
| Suppliers | 440/4 | €2,513 | €2,239 | -€273 | -10.9% |
| Taxes, remuneration and social security | 45 | €5,510 | €8,025 | +€2,515 | +45.6% |
| Taxes | 450/3 | €4,035 | €8,025 | +€3,990 | +98.9% |
| Remuneration and social security | 454/9 | €1,475 | - | -€1,475 | |
| Other amounts payable | 47/48 | €10,143 | €94,187 | +€84,044 | +828.6% |
| Accrued charges and deferred income | 492/3 | €1,783 | - | -€1,783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €7,738 | +€7,419 | +2325.6% |
| Other operating charges | 640/8 | - | €10,953 | +€10,953 | |
| Gross operating margin | 9900 | €4,148 | €25,023 | +€20,875 | +503.3% |
| Operating profit (loss) | 9901 | €3,829 | €6,332 | +€2,503 | +65.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €9 | €4,243 | +€4,234 | +48165.1% |
| Recurring financial charges | 65 | €9 | €4,243 | +€4,234 | +48165.1% |
| Profit (loss) for the period before taxes | 9903 | €3,820 | €2,089 | -€1,731 | -45.3% |
| Income taxes | 67/77 | €869 | €686 | -€183 | -21.1% |
| Profit (loss) for the period | 9904 | €2,951 | €1,404 | -€1,547 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,951 | €1,404 | -€1,547 | -52.4% |
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.