ETABLISSEMENTS DE SIMONE: what changed
What changed
ETABLISSEMENTS DE SIMONE
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
filed annual accounts (NBB)
Net result for the year
€305,995
2024 · €303,489+€2,506
Equity
€2.3m
2024 · €2.2m+€105,995
Cash
€1.3m
2024 · €1.8m-€451,707
Balance sheet total
€11.1m
2024 · €8.9m+€2.1m
Largest movements
Assets
- Stocks and contracts +€2.5m
up €2.5m (+64.1%), from €3.9m to €6.3m
- Current investments +€872,488
new in 2025: €872,488
- Receivables within one year -€534,616
down €534,616 (-26.8%), from €2.0m to €1.5m
of which Trade receivables: -€807,938
- Cash -€451,707
down €451,707 (-25.5%), from €1.8m to €1.3m
mainly Stocks and contracts (-€2.5m) and Current investments (-€872,488)
- Intangible fixed assets -€132,487
down €132,487 (-43.3%), from €306,296 to €173,809
Equity and liabilities
- Advances received +€2.0m
up €2.0m (+47.3%), from €4.2m to €6.2m
- Trade debts +€712,828
up €712,828 (+55.0%), from €1.3m to €2.0m
- Tax, wage and social debts -€301,514
down €301,514 (-69.2%), from €436,025 to €134,511
of which Remuneration and social security: -€165,214
- Profit (loss) carried forward +€155,995
up €155,995 (+22.4%), from €697,513 to €853,508
- Other debts -€150,000
no longer reported in 2025 (was €150,000)
Income statement
- Gross operating margin -€476,262
down €476,262 (-16.8%), from €2.8m to €2.4m
- Staff costs -€451,223
down €451,223 (-22.0%), from €2.0m to €1.6m
- Other operating charges -€33,863
down €33,863 (-67.7%), from €50,047 to €16,184
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
€303,489
Gross operating margin
-€476,262
Staff costs
+€451,223
Depreciation
-€9,968
Write-downs
+€2,629
Other operating charges
+€33,863
Financial income
-€14,913
Financial charges
+€4,813
Taxes
+€11,121
Result 2025
€305,995
raises the resultlowers the result
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
+€899,889
Investment
-€948,356
Financing
-€403,240
Cash 2024
€1.8m
From operations (derived)
+€899,889
Net result for the year
+€305,995
Depreciation
+€314,023
Stocks and contracts
-€2.5m
Receivables within one year
+€534,616
Deferred charges and accrued income
-€19,792
Trade debts
+€712,828
Tax, wage and social debts
-€301,514
Advances received
+€2.0m
Other debts
-€150,000
Accrued charges and deferred income
+€1,598
Investment (derived)
-€948,356
Investment in fixed assets (net)
-€75,868
Current investments
-€872,488
Financing
-€403,240
Debts after one year
-€144,540
Current portion of long-term debt
-€58,700
Contributions, distributions and other
-€200,000
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,926,708 | €11,072,293 | +€2.1m | +24.0% |
| Fixed assets | 21/28 | €1,248,225 | €1,010,070 | -€238,155 | -19.1% |
| Intangible fixed assets | 21 | €306,296 | €173,809 | -€132,487 | -43.3% |
| Tangible fixed assets | 22/27 | €941,929 | €836,262 | -€105,667 | -11.2% |
| Land and buildings | 22 | €631,284 | €566,479 | -€64,805 | -10.3% |
| Plant, machinery and equipment | 23 | €72,083 | €60,041 | -€12,042 | -16.7% |
| Furniture and vehicles | 24 | €63,183 | €62,054 | -€1,129 | -1.8% |
| Leasing and similar rights | 25 | €45,665 | €16,320 | -€29,344 | -64.3% |
| Other tangible fixed assets | 26 | €129,714 | €131,366 | +€1,652 | +1.3% |
| Current assets | 29/58 | €7,678,482 | €10,062,223 | +€2.4m | +31.0% |
| Stocks and contracts in progress | 3 | €3,867,882 | €6,345,666 | +€2.5m | +64.1% |
| Stocks | 30/36 | €3,867,882 | €6,345,666 | +€2.5m | +64.1% |
| Amounts receivable within one year | 40/41 | €1,994,191 | €1,459,576 | -€534,616 | -26.8% |
| Trade receivables | 40 | €1,985,795 | €1,177,857 | -€807,938 | -40.7% |
| Other amounts receivable | 41 | €8,396 | €281,718 | +€273,322 | +3,255% |
| Current investments | 50/53 | - | €872,488 | +€872,488 | |
| Cash at bank and in hand | 54/58 | €1,768,658 | €1,316,951 | -€451,707 | -25.5% |
| Deferred charges and accrued income | 490/1 | €47,751 | €67,543 | +€19,792 | +41.4% |
| Total equity and liabilities | 10/49 | €8,926,708 | €11,072,293 | +€2.1m | +24.0% |
| Equity | 10/15 | €2,156,962 | €2,262,957 | +€105,995 | +4.9% |
| Contributions | 10/11 | €199,000 | €199,000 | = | 0.0% |
| Capital | 10 | €199,000 | €199,000 | = | 0.0% |
| Issued capital | 100 | €199,000 | €199,000 | = | 0.0% |
| Reserves | 13 | €1,160,449 | €1,160,449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,900 | €19,900 | = | 0.0% |
| Legal reserve | 130 | €19,900 | €19,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,549 | €1,549 | = | 0.0% |
| Distributable reserves | 133 | €1,139,000 | €1,139,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €697,513 | €853,508 | +€155,995 | +22.4% |
| Investment grants | 15 | €100,000 | €50,000 | -€50,000 | -50.0% |
| Amounts payable | 17/49 | €6,769,746 | €8,809,337 | +€2.0m | +30.1% |
| Amounts payable after more than one year | 17 | €500,828 | €356,288 | -€144,540 | -28.9% |
| Financial debts | 170/4 | €500,828 | €356,288 | -€144,540 | -28.9% |
| Amounts payable within one year | 42/48 | €6,268,918 | €8,451,450 | +€2.2m | +34.8% |
| Current portion of amounts payable after more than one year | 42 | €202,992 | €144,293 | -€58,700 | -28.9% |
| Trade debts | 44 | €1,296,291 | €2,009,119 | +€712,828 | +55.0% |
| Suppliers | 440/4 | €1,296,291 | €2,009,119 | +€712,828 | +55.0% |
| Advances received on contracts in progress | 46 | €4,183,610 | €6,163,528 | +€2.0m | +47.3% |
| Taxes, remuneration and social security | 45 | €436,025 | €134,511 | -€301,514 | -69.2% |
| Taxes | 450/3 | €138,197 | €1,897 | -€136,300 | -98.6% |
| Remuneration and social security | 454/9 | €297,828 | €132,614 | -€165,214 | -55.5% |
| Other amounts payable | 47/48 | €150,000 | - | -€150,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,598 | +€1,598 | |
| Remuneration, social security and pensions | 62 | €2,049,879 | €1,598,656 | -€451,223 | -22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304,055 | €314,023 | +€9,968 | +3.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,629 | - | -€2,629 | |
| Other operating charges | 640/8 | €50,047 | €16,184 | -€33,863 | -67.7% |
| Gross operating margin | 9900 | €2,833,587 | €2,357,325 | -€476,262 | -16.8% |
| Operating profit (loss) | 9901 | €426,978 | €428,463 | +€1,485 | +0.3% |
| Financial income | 75/76B | €70,923 | €56,010 | -€14,913 | -21.0% |
| Recurring financial income | 75 | €70,923 | €56,010 | -€14,913 | -21.0% |
| Financial charges | 65/66B | €49,513 | €44,700 | -€4,813 | -9.7% |
| Recurring financial charges | 65 | €49,513 | €44,700 | -€4,813 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €448,388 | €439,773 | -€8,615 | -1.9% |
| Income taxes | 67/77 | €144,900 | €133,778 | -€11,121 | -7.7% |
| Profit (loss) for the period | 9904 | €303,489 | €305,995 | +€2,506 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €303,489 | €305,995 | +€2,506 | +0.8% |
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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 4 November 2026 via checked.be.