Joni Simon: 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.
Joni Simon
Largest movements
- Cash +€9,112
up €9,112 (+28.7%), from €31,762 to €40,874
mainly Other debts (+€34,938) and Tax, wage and social debts (+€10,190)
- Receivables within one year +€3,211
up €3,211 (+67.7%), from €4,744 to €7,955
of which Trade receivables: +€2,119
- Tangible fixed assets -€1,024
down €1,024 (-18.2%), from €5,622 to €4,598
of which Plant, machinery and equipment: -€586
- Deferred charges and accrued income -€710
down €710 (-12.3%), from €5,775 to €5,065
- Reserves -€38,084
down €38,084 (-100.0%), from €38,084 to €0
- Other debts +€34,938
up €34,938 (+556.4%), from €6,280 to €41,218
- Tax, wage and social debts +€10,190
up €10,190 (+679.3%), from €1,500 to €11,690
- Advances received +€2,064
new in 2025: €2,064
- Trade debts +€1,481
up €1,481 (+3702.0%), from €40 to €1,521
- Gross operating margin +€14,871
up €14,871, from -€578 to €14,293
- Taxes +€1,652
up €1,652 (+645.1%), from €256 to €1,908
- Depreciation +€415
up €415 (+16.3%), from €2,543 to €2,958
- Other operating charges +€241
up €241 (+42.4%), from €569 to €811
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 | €47,903 | €58,493 | +€10,589 | +22.1% |
| Fixed assets | 21/28 | €5,622 | €4,598 | -€1,024 | -18.2% |
| Tangible fixed assets | 22/27 | €5,622 | €4,598 | -€1,024 | -18.2% |
| Plant, machinery and equipment | 23 | €620 | €34 | -€586 | -94.6% |
| Furniture and vehicles | 24 | €5,002 | €4,565 | -€437 | -8.7% |
| Current assets | 29/58 | €42,281 | €53,894 | +€11,613 | +27.5% |
| Amounts receivable within one year | 40/41 | €4,744 | €7,955 | +€3,211 | +67.7% |
| Trade receivables | 40 | €0 | €2,119 | +€2,119 | |
| Other amounts receivable | 41 | €4,744 | €5,836 | +€1,092 | +23.0% |
| Cash at bank and in hand | 54/58 | €31,762 | €40,874 | +€9,112 | +28.7% |
| Deferred charges and accrued income | 490/1 | €5,775 | €5,065 | -€710 | -12.3% |
| Total equity and liabilities | 10/49 | €47,903 | €58,493 | +€10,589 | +22.1% |
| Equity | 10/15 | €40,084 | €2,000 | -€38,084 | -95.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,084 | €0 | -€38,084 | -100.0% |
| Distributable reserves | 133 | €38,084 | €0 | -€38,084 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,820 | €56,493 | +€48,673 | +622.5% |
| Amounts payable within one year | 42/48 | €7,820 | €56,493 | +€48,673 | +622.5% |
| Trade debts | 44 | €40 | €1,521 | +€1,481 | +3702.0% |
| Suppliers | 440/4 | €40 | €1,521 | +€1,481 | +3702.0% |
| Advances received on contracts in progress | 46 | - | €2,064 | +€2,064 | |
| Taxes, remuneration and social security | 45 | €1,500 | €11,690 | +€10,190 | +679.3% |
| Taxes | 450/3 | €1,500 | €11,690 | +€10,190 | +679.3% |
| Other amounts payable | 47/48 | €6,280 | €41,218 | +€34,938 | +556.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,543 | €2,958 | +€415 | +16.3% |
| Other operating charges | 640/8 | €569 | €811 | +€241 | +42.4% |
| Gross operating margin | 9900 | -€578 | €14,293 | +€14,871 | |
| Operating profit (loss) | 9901 | -€3,690 | €10,524 | +€14,215 | |
| Financial charges | 65/66B | €145 | €226 | +€82 | +56.4% |
| Recurring financial charges | 65 | €145 | €226 | +€82 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,835 | €10,298 | +€14,133 | |
| Income taxes | 67/77 | €256 | €1,908 | +€1,652 | +645.1% |
| Profit (loss) for the period | 9904 | -€4,091 | €8,390 | +€12,481 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,091 | €8,390 | +€12,481 |
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 5 October 2026 via checked.be.