BEN SIMONS: 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.
BEN SIMONS
Largest movements
- Receivables within one year +€9,205
up €9,205 (+1.8%), from €503,369 to €512,574
of which Other amounts receivable: +€236,489
- Other debts -€23,671
down €23,671 (-9.8%), from €242,016 to €218,345
- Profit (loss) carried forward +€19,270
up €19,270 (+11.5%), from €167,570 to €186,840
- Accrued charges and deferred income +€19,200
up €19,200 (+49.5%), from €38,787 to €57,987
- Trade debts -€10,678
down €10,678 (-30.9%), from €34,540 to €23,863
- Financial charges -€2,281
down €2,281 (-23.1%), from €9,857 to €7,576
- Gross operating margin -€1,274
down €1,274 (-3.5%), from €36,692 to €35,419
- Other operating charges -€857
down €857 (-46.2%), from €1,855 to €998
- Taxes +€393
up €393 (+5.9%), from €6,645 to €7,038
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 | €512,917 | €517,468 | +€4,551 | +0.9% |
| Fixed assets | 21/28 | €4,475 | €3,881 | -€594 | -13.3% |
| Tangible fixed assets | 22/27 | €4,475 | €3,881 | -€594 | -13.3% |
| Land and buildings | 22 | €2,492 | €2,492 | = | 0.0% |
| Furniture and vehicles | 24 | €1,983 | €1,389 | -€594 | -30.0% |
| Current assets | 29/58 | €508,442 | €513,587 | +€5,146 | +1.0% |
| Amounts receivable within one year | 40/41 | €503,369 | €512,574 | +€9,205 | +1.8% |
| Trade receivables | 40 | €227,284 | €0 | -€227,284 | -100% |
| Other amounts receivable | 41 | €276,085 | €512,574 | +€236,489 | +85.7% |
| Cash at bank and in hand | 54/58 | €5,072 | €1,013 | -€4,059 | -80.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €512,917 | €517,468 | +€4,551 | +0.9% |
| Equity | 10/15 | €188,030 | €207,300 | +€19,270 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €167,570 | €186,840 | +€19,270 | +11.5% |
| Amounts payable | 17/49 | €324,887 | €310,169 | -€14,718 | -4.5% |
| Amounts payable within one year | 42/48 | €286,099 | €252,181 | -€33,918 | -11.9% |
| Trade debts | 44 | €34,540 | €23,863 | -€10,678 | -30.9% |
| Suppliers | 440/4 | €34,540 | €23,863 | -€10,678 | -30.9% |
| Taxes, remuneration and social security | 45 | €9,543 | €9,974 | +€431 | +4.5% |
| Taxes | 450/3 | €9,543 | €9,974 | +€431 | +4.5% |
| Other amounts payable | 47/48 | €242,016 | €218,345 | -€23,671 | -9.8% |
| Accrued charges and deferred income | 492/3 | €38,787 | €57,987 | +€19,200 | +49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €594 | = | 0.0% |
| Other operating charges | 640/8 | €1,855 | €998 | -€857 | -46.2% |
| Gross operating margin | 9900 | €36,692 | €35,419 | -€1,274 | -3.5% |
| Operating profit (loss) | 9901 | €34,243 | €33,826 | -€417 | -1.2% |
| Financial income | 75/76B | €0 | €58 | +€58 | |
| Recurring financial income | 75 | €0 | €58 | +€58 | |
| Financial charges | 65/66B | €9,857 | €7,576 | -€2,281 | -23.1% |
| Recurring financial charges | 65 | €9,857 | €7,576 | -€2,281 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €24,386 | €26,308 | +€1,922 | +7.9% |
| Income taxes | 67/77 | €6,645 | €7,038 | +€393 | +5.9% |
| Profit (loss) for the period | 9904 | €17,741 | €19,270 | +€1,529 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,741 | €19,270 | +€1,529 | +8.6% |
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 24 October 2026 via checked.be.