ADVOCAAT ERWIN SIMONS: what changed
What changed
ADVOCAAT ERWIN SIMONS
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€565,287
2024 · €264,376+€300,911
Equity
€1.5m
2024 · €1.3m+€141,586
Cash
€73,593
2024 · €224,571-€150,978
Balance sheet total
€2.4m
2024 · €2.0m+€397,742
Largest movements
Assets
- Current investments +€349,467
up €349,467 (+128%), from €272,549 to €622,016
- Tangible fixed assets +€185,796
up €185,796 (+14.0%), from €1.3m to €1.5m
of which Land and buildings: +€170,060
- Cash -€150,978
down €150,978 (-67.2%), from €224,571 to €73,593
mainly Contributions, distributions and other (-€423,701) and Current investments (-€349,467)
Equity and liabilities
- Other debts +€312,232
up €312,232 (+280%), from €111,469 to €423,701
- Reserves +€141,586
up €141,586 (+10.9%), from €1.3m to €1.4m
- Debts after one year -€59,770
down €59,770 (-14.7%), from €406,588 to €346,818
Income statement
- Gross operating margin +€409,485
up €409,485 (+94.3%), from €434,424 to €843,909
- Taxes +€140,501
up €140,501 (+116%), from €120,627 to €261,128
- Financial income +€18,918
up €18,918 (+149%), from €12,659 to €31,577
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€264,376
Gross operating margin
+€409,485
Depreciation
+€311
Other operating charges
+€3,064
Other operating items
+€8,125
Financial income
+€18,918
Financial charges
+€1,509
Taxes
-€140,501
Result 2025
€565,287
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€899,734
Investment
-€569,443
Financing
-€481,269
Cash 2024
€224,571
From operations (derived)
+€899,734
Net result for the year
+€565,287
Depreciation
+€34,181
Receivables within one year
-€16,361
Deferred charges and accrued income
+€2,903
Trade debts
-€15,098
Tax, wage and social debts
+€18,200
Advances received
+€11,075
Other debts
+€312,232
Accrued charges and deferred income
-€12,686
Investment (derived)
-€569,443
Investment in fixed assets (net)
-€219,977
Current investments
-€349,467
Financing
-€481,269
Debts after one year
-€59,770
Current portion of long-term debt
+€628
Short-term financial debts
+€1,573
Contributions, distributions and other
-€423,701
Cash 2025
€73,593
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,035,013 | €2,432,755 | +€397,742 | +19.5% |
| Fixed assets | 21/28 | €1,331,171 | €1,516,967 | +€185,796 | +14.0% |
| Tangible fixed assets | 22/27 | €1,331,171 | €1,516,967 | +€185,796 | +14.0% |
| Land and buildings | 22 | €1,130,959 | €1,301,019 | +€170,060 | +15.0% |
| Furniture and vehicles | 24 | €200,212 | €215,948 | +€15,736 | +7.9% |
| Current assets | 29/58 | €703,842 | €915,788 | +€211,946 | +30.1% |
| Amounts receivable within one year | 40/41 | €200,884 | €217,245 | +€16,361 | +8.1% |
| Trade receivables | 40 | €79,526 | €92,121 | +€12,595 | +15.8% |
| Other amounts receivable | 41 | €121,358 | €125,124 | +€3,766 | +3.1% |
| Current investments | 50/53 | €272,549 | €622,016 | +€349,467 | +128% |
| Cash at bank and in hand | 54/58 | €224,571 | €73,593 | -€150,978 | -67.2% |
| Deferred charges and accrued income | 490/1 | €5,838 | €2,935 | -€2,903 | -49.7% |
| Total equity and liabilities | 10/49 | €2,035,013 | €2,432,755 | +€397,742 | +19.5% |
| Equity | 10/15 | €1,313,487 | €1,455,073 | +€141,586 | +10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,294,887 | €1,436,473 | +€141,586 | +10.9% |
| Distributable reserves | 133 | €1,294,887 | €1,436,473 | +€141,586 | +10.9% |
| Amounts payable | 17/49 | €721,526 | €977,682 | +€256,156 | +35.5% |
| Amounts payable after more than one year | 17 | €406,588 | €346,818 | -€59,770 | -14.7% |
| Financial debts | 170/4 | €406,588 | €346,818 | -€59,770 | -14.7% |
| Amounts payable within one year | 42/48 | €284,686 | €613,297 | +€328,611 | +115% |
| Current portion of amounts payable after more than one year | 42 | €59,141 | €59,770 | +€628 | +1.1% |
| Financial debts | 43 | €10,265 | €11,838 | +€1,573 | +15.3% |
| Credit institutions | 430/8 | €10,265 | €11,838 | +€1,573 | +15.3% |
| Trade debts | 44 | €20,934 | €5,836 | -€15,098 | -72.1% |
| Suppliers | 440/4 | €20,934 | €5,836 | -€15,098 | -72.1% |
| Advances received on contracts in progress | 46 | - | €11,075 | +€11,075 | |
| Taxes, remuneration and social security | 45 | €82,877 | €101,077 | +€18,200 | +22.0% |
| Taxes | 450/3 | €82,877 | €101,077 | +€18,200 | +22.0% |
| Other amounts payable | 47/48 | €111,469 | €423,701 | +€312,232 | +280% |
| Accrued charges and deferred income | 492/3 | €30,252 | €17,567 | -€12,686 | -41.9% |
| Non-recurring operating income | 76A | €1,135 | - | -€1,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,492 | €34,181 | -€311 | -0.9% |
| Other operating charges | 640/8 | €8,820 | €5,756 | -€3,064 | -34.7% |
| Non-recurring operating charges | 66A | €8,125 | - | -€8,125 | |
| Gross operating margin | 9900 | €434,424 | €843,909 | +€409,485 | +94.3% |
| Operating profit (loss) | 9901 | €382,987 | €803,972 | +€420,985 | +110% |
| Financial income | 75/76B | €12,659 | €31,577 | +€18,918 | +149% |
| Recurring financial income | 75 | €12,659 | €31,577 | +€18,918 | +149% |
| Financial charges | 65/66B | €10,643 | €9,134 | -€1,509 | -14.2% |
| Recurring financial charges | 65 | €10,643 | €9,134 | -€1,509 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €385,003 | €826,415 | +€441,412 | +115% |
| Income taxes | 67/77 | €120,627 | €261,128 | +€140,501 | +116% |
| Profit (loss) for the period | 9904 | €264,376 | €565,287 | +€300,911 | +114% |
| Profit (loss) for the period to be appropriated | 9905 | €264,376 | €565,287 | +€300,911 | +114% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.