KOEN SIMONET: 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.
KOEN SIMONET
Largest movements
- Cash +€60,494
up €60,494 (+115.6%), from €52,352 to €112,846
mainly Net result for the year (+€122,405) and Other debts (+€73,049)
- Current investments +€24,000
up €24,000 (+70.6%), from €34,000 to €58,000
- Receivables within one year +€3,152
up €3,152 (+5.3%), from €59,980 to €63,132
of which Trade receivables: +€3,319
- Other debts +€73,049
up €73,049 (+192.4%), from €37,960 to €111,009
- Profit (loss) carried forward +€16,405
up €16,405 (+19.3%), from €85,000 to €101,405
- Gross operating margin +€4,295
up €4,295 (+2.8%), from €156,103 to €160,399
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 | €152,051 | €240,574 | +€88,523 | +58.2% |
| Fixed assets | 21/28 | €270 | €1,117 | +€847 | +313.6% |
| Tangible fixed assets | 22/27 | €270 | €1,117 | +€847 | +313.6% |
| Furniture and vehicles | 24 | €270 | €1,117 | +€847 | +313.6% |
| Current assets | 29/58 | €151,781 | €239,457 | +€87,676 | +57.8% |
| Amounts receivable within one year | 40/41 | €59,980 | €63,132 | +€3,152 | +5.3% |
| Trade receivables | 40 | €59,720 | €63,038 | +€3,319 | +5.6% |
| Other amounts receivable | 41 | €260 | €93 | -€166 | -64.0% |
| Current investments | 50/53 | €34,000 | €58,000 | +€24,000 | +70.6% |
| Cash at bank and in hand | 54/58 | €52,352 | €112,846 | +€60,494 | +115.6% |
| Deferred charges and accrued income | 490/1 | €5,449 | €5,479 | +€30 | +0.5% |
| Total equity and liabilities | 10/49 | €152,051 | €240,574 | +€88,523 | +58.2% |
| Equity | 10/15 | €100,000 | €116,405 | +€16,405 | +16.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,000 | €101,405 | +€16,405 | +19.3% |
| Amounts payable | 17/49 | €52,051 | €124,169 | +€72,118 | +138.6% |
| Amounts payable within one year | 42/48 | €52,051 | €124,169 | +€72,118 | +138.6% |
| Financial debts | 43 | - | €125 | +€125 | |
| Credit institutions | 430/8 | - | €125 | +€125 | |
| Trade debts | 44 | €2,715 | €2,771 | +€56 | +2.1% |
| Suppliers | 440/4 | €2,715 | €2,771 | +€56 | +2.1% |
| Taxes, remuneration and social security | 45 | €11,375 | €10,263 | -€1,112 | -9.8% |
| Taxes | 450/3 | €11,375 | €10,263 | -€1,112 | -9.8% |
| Other amounts payable | 47/48 | €37,960 | €111,009 | +€73,049 | +192.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €441 | €407 | -€33 | -7.6% |
| Other operating charges | 640/8 | €1,039 | €883 | -€156 | -15.1% |
| Gross operating margin | 9900 | €156,103 | €160,399 | +€4,295 | +2.8% |
| Operating profit (loss) | 9901 | €154,624 | €159,109 | +€4,485 | +2.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €1,879 | €1,841 | -€38 | -2.0% |
| Recurring financial charges | 65 | €1,879 | €1,841 | -€38 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €152,745 | €157,268 | +€4,523 | +3.0% |
| Income taxes | 67/77 | €34,189 | €34,863 | +€674 | +2.0% |
| Profit (loss) for the period | 9904 | €118,556 | €122,405 | +€3,849 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €118,556 | €122,405 | +€3,849 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.