JEAN SIMONS: 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.
JEAN SIMONS
Largest movements
- Receivables within one year -€48,308
down €48,308 (-94.6%), from €51,053 to €2,745
of which Trade receivables: -€35,620
- Stocks and contracts -€40,955
down €40,955 (-7.3%), from €562,210 to €521,255
- Trade debts -€58,070
down €58,070 (-97.8%), from €59,390 to €1,320
of which Bills of exchange payable: -€55,100
- Other debts -€57,570
down €57,570 (-7.8%), from €735,019 to €677,449
- Profit (loss) carried forward +€20,700
up €20,700 (+15.0%), from -€138,019 to -€117,319
- Gross operating margin +€11,808
up €11,808 (+49.6%), from €23,820 to €35,627
- Other operating charges -€1,960
down €1,960 (-19.7%), from €9,952 to €7,993
- Financial income -€884
down €884 (-98.8%), from €895 to €10
- Financial charges +€476
up €476 (+32.7%), from €1,453 to €1,928
- Depreciation -€444
down €444 (-24.8%), from €1,793 to €1,349
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €682,304 | €586,903 | -€95,401 | -14.0% |
| Fixed assets | 21/28 | €5,168 | €2,805 | -€2,364 | -45.7% |
| Tangible fixed assets | 22/27 | €4,658 | €2,595 | -€2,064 | -44.3% |
| Plant, machinery and equipment | 23 | €4,140 | €392 | -€3,748 | -90.5% |
| Furniture and vehicles | 24 | €519 | €2,203 | +€1,684 | +324.8% |
| Financial fixed assets | 28 | €510 | €210 | -€300 | -58.8% |
| Current assets | 29/58 | €677,136 | €584,098 | -€93,037 | -13.7% |
| Stocks and contracts in progress | 3 | €562,210 | €521,255 | -€40,955 | -7.3% |
| Stocks | 30/36 | €562,210 | €521,255 | -€40,955 | -7.3% |
| Amounts receivable within one year | 40/41 | €51,053 | €2,745 | -€48,308 | -94.6% |
| Trade receivables | 40 | €36,220 | €600 | -€35,620 | -98.3% |
| Other amounts receivable | 41 | €14,833 | €2,145 | -€12,688 | -85.5% |
| Cash at bank and in hand | 54/58 | €59,609 | €56,583 | -€3,025 | -5.1% |
| Deferred charges and accrued income | 490/1 | €4,264 | €3,515 | -€748 | -17.6% |
| Total equity and liabilities | 10/49 | €682,304 | €586,903 | -€95,401 | -14.0% |
| Equity | 10/15 | -€112,902 | -€92,202 | +€20,700 | +18.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,525 | €6,525 | = | 0.0% |
| Distributable reserves | 133 | €6,525 | €6,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€138,019 | -€117,319 | +€20,700 | +15.0% |
| Amounts payable | 17/49 | €795,206 | €679,105 | -€116,101 | -14.6% |
| Amounts payable within one year | 42/48 | €795,206 | €679,105 | -€116,101 | -14.6% |
| Trade debts | 44 | €59,390 | €1,320 | -€58,070 | -97.8% |
| Suppliers | 440/4 | €4,290 | €1,320 | -€2,970 | -69.2% |
| Bills of exchange payable | 441 | €55,100 | €0 | -€55,100 | -100.0% |
| Taxes, remuneration and social security | 45 | €797 | €336 | -€460 | -57.8% |
| Taxes | 450/3 | €797 | €336 | -€460 | -57.8% |
| Other amounts payable | 47/48 | €735,019 | €677,449 | -€57,570 | -7.8% |
| Non-recurring operating income | 76A | €3,939 | €6,000 | +€2,061 | +52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,793 | €1,349 | -€444 | -24.8% |
| Other operating charges | 640/8 | €9,952 | €7,993 | -€1,960 | -19.7% |
| Non-recurring operating charges | 66A | - | €3,162 | +€3,162 | |
| Gross operating margin | 9900 | €23,820 | €35,627 | +€11,808 | +49.6% |
| Operating profit (loss) | 9901 | €12,075 | €23,123 | +€11,049 | +91.5% |
| Financial income | 75/76B | €895 | €10 | -€884 | -98.8% |
| Recurring financial income | 75 | €895 | €10 | -€884 | -98.8% |
| Financial charges | 65/66B | €1,453 | €1,928 | +€476 | +32.7% |
| Recurring financial charges | 65 | €1,453 | €1,928 | +€476 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €11,516 | €21,206 | +€9,689 | +84.1% |
| Income taxes | 67/77 | €264 | €506 | +€242 | +91.6% |
| Profit (loss) for the period | 9904 | €11,252 | €20,700 | +€9,447 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,252 | €20,700 | +€9,447 | +84.0% |
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 8 October 2026 via checked.be.