SIMON VERRYT: 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 VERRYT
Largest movements
- Receivables within one year -€32,683
down €32,683 (-45.4%), from €71,932 to €39,249
of which Trade receivables: -€31,662
- Tangible fixed assets +€31,899
up €31,899 (+6.6%), from €482,811 to €514,710
of which Land and buildings: +€55,733
- Debts after one year +€44,277
up €44,277 (+12.0%), from €369,098 to €413,374
- Trade debts -€40,837
down €40,837 (-51.9%), from €78,654 to €37,816
- Tax, wage and social debts -€9,366
down €9,366 (-46.1%), from €20,304 to €10,938
of which Taxes: -€7,355
- Gross operating margin -€27,856
down €27,856 (-28.7%), from €96,941 to €69,085
- Staff costs -€10,310
down €10,310 (-39.5%), from €26,122 to €15,811
- Financial charges +€3,721
up €3,721 (+19.4%), from €19,186 to €22,907
- Taxes -€3,362
down €3,362 (-69.4%), from €4,846 to €1,483
- Depreciation -€3,077
down €3,077 (-11.3%), from €27,348 to €24,271
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 | €584,938 | €580,471 | -€4,468 | -0.8% |
| Fixed assets | 21/28 | €496,571 | €523,970 | +€27,399 | +5.5% |
| Intangible fixed assets | 21 | €13,500 | €9,000 | -€4,500 | -33.3% |
| Tangible fixed assets | 22/27 | €482,811 | €514,710 | +€31,899 | +6.6% |
| Land and buildings | 22 | €449,686 | €505,418 | +€55,733 | +12.4% |
| Plant, machinery and equipment | 23 | €6,338 | €3,772 | -€2,566 | -40.5% |
| Furniture and vehicles | 24 | €26,097 | €3,109 | -€22,989 | -88.1% |
| Other tangible fixed assets | 26 | €690 | €2,411 | +€1,721 | +249% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €260 | €260 | = | 0.0% |
| Current assets | 29/58 | €88,367 | €56,500 | -€31,867 | -36.1% |
| Amounts receivable within one year | 40/41 | €71,932 | €39,249 | -€32,683 | -45.4% |
| Trade receivables | 40 | €70,833 | €39,172 | -€31,662 | -44.7% |
| Other amounts receivable | 41 | €1,099 | €78 | -€1,021 | -92.9% |
| Cash at bank and in hand | 54/58 | €11,989 | €11,379 | -€609 | -5.1% |
| Deferred charges and accrued income | 490/1 | €4,447 | €5,872 | +€1,425 | +32.1% |
| Total equity and liabilities | 10/49 | €584,938 | €580,471 | -€4,468 | -0.8% |
| Equity | 10/15 | €64,199 | €64,170 | -€29 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,599 | €45,570 | -€29 | -0.1% |
| Amounts payable | 17/49 | €520,740 | €516,301 | -€4,439 | -0.9% |
| Amounts payable after more than one year | 17 | €369,098 | €413,374 | +€44,277 | +12.0% |
| Financial debts | 170/4 | €369,098 | €413,374 | +€44,277 | +12.0% |
| Amounts payable within one year | 42/48 | €148,498 | €95,181 | -€53,316 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €18,783 | €16,567 | -€2,216 | -11.8% |
| Trade debts | 44 | €78,654 | €37,816 | -€40,837 | -51.9% |
| Suppliers | 440/4 | €78,654 | €37,816 | -€40,837 | -51.9% |
| Taxes, remuneration and social security | 45 | €20,304 | €10,938 | -€9,366 | -46.1% |
| Taxes | 450/3 | €17,321 | €9,966 | -€7,355 | -42.5% |
| Remuneration and social security | 454/9 | €2,983 | €972 | -€2,011 | -67.4% |
| Other amounts payable | 47/48 | €30,758 | €29,861 | -€897 | -2.9% |
| Accrued charges and deferred income | 492/3 | €3,145 | €7,745 | +€4,601 | +146% |
| Non-recurring operating income | 76A | - | €4,078 | +€4,078 | |
| Remuneration, social security and pensions | 62 | €26,122 | €15,811 | -€10,310 | -39.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,348 | €24,271 | -€3,077 | -11.3% |
| Other operating charges | 640/8 | €2,846 | €2,953 | +€108 | +3.8% |
| Non-recurring operating charges | 66A | €275 | €1,688 | +€1,413 | +514% |
| Gross operating margin | 9900 | €96,941 | €69,085 | -€27,856 | -28.7% |
| Operating profit (loss) | 9901 | €40,352 | €24,362 | -€15,990 | -39.6% |
| Financial income | 75/76B | €54 | €0 | -€54 | -100% |
| Recurring financial income | 75 | €54 | €0 | -€54 | -100% |
| Financial charges | 65/66B | €19,186 | €22,907 | +€3,721 | +19.4% |
| Recurring financial charges | 65 | €19,186 | €22,907 | +€3,721 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €21,220 | €1,454 | -€19,765 | -93.1% |
| Income taxes | 67/77 | €4,846 | €1,483 | -€3,362 | -69.4% |
| Profit (loss) for the period | 9904 | €16,374 | -€29 | -€16,403 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,374 | -€29 | -€16,403 |
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 15 October 2026 via checked.be.