L&S & CO - BUREAU SIMON: 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.
L&S & CO - BUREAU SIMON
Largest movements
- Receivables within one year -€45,312
down €45,312 (-46.1%), from €98,279 to €52,967
of which Trade receivables: -€47,545
- Tangible fixed assets +€27,361
up €27,361 (+12.0%), from €227,271 to €254,633
of which Other tangible fixed assets: +€34,466
- Cash +€19,705
up €19,705 (+136%), from €14,444 to €34,149
mainly Receivables within one year (+€45,312) and Trade debts (+€15,793)
- Current investments +€13,927
up €13,927 (+224%), from €6,228 to €20,155
- Deferred charges and accrued income -€9,093
down €9,093 (-14.4%), from €62,952 to €53,859
- Trade debts +€15,793
up €15,793 (+109%), from €14,499 to €30,292
- Tax, wage and social debts -€13,091
down €13,091 (-27.5%), from €47,557 to €34,466
of which Remuneration and social security: -€11,679
- Other debts -€10,000
down €10,000 (-88.4%), from €11,310 to €1,310
- Reserves +€5,715
up €5,715 (+3.5%), from €163,500 to €169,215
of which Distributable reserves: +€5,715
- Debts after one year +€5,110
up €5,110 (+3.9%), from €131,761 to €136,871
- Purchases and services +€32,768
up €32,768 (+14.7%), from €223,330 to €256,098
- Gross operating margin -€31,922
down €31,922 (-11.8%), from €271,208 to €239,286
- Depreciation -€13,683
down €13,683 (-47.3%), from €28,949 to €15,265
- Turnover +€11,124
up €11,124 (+2.6%), from €435,656 to €446,780
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 | €409,316 | €415,903 | +€6,587 | +1.6% |
| Fixed assets | 21/28 | €227,412 | €254,773 | +€27,361 | +12.0% |
| Tangible fixed assets | 22/27 | €227,271 | €254,633 | +€27,361 | +12.0% |
| Land and buildings | 22 | €219,115 | €211,390 | -€7,725 | -3.5% |
| Plant, machinery and equipment | 23 | - | €1,832 | +€1,832 | |
| Furniture and vehicles | 24 | €2,348 | €2,497 | +€149 | +6.4% |
| Leasing and similar rights | 25 | €1,584 | €223 | -€1,361 | -85.9% |
| Other tangible fixed assets | 26 | €4,225 | €38,691 | +€34,466 | +816% |
| Financial fixed assets | 28 | €141 | €141 | = | 0.0% |
| Current assets | 29/58 | €181,904 | €161,130 | -€20,774 | -11.4% |
| Amounts receivable within one year | 40/41 | €98,279 | €52,967 | -€45,312 | -46.1% |
| Trade receivables | 40 | €88,834 | €41,289 | -€47,545 | -53.5% |
| Other amounts receivable | 41 | €9,445 | €11,678 | +€2,233 | +23.6% |
| Current investments | 50/53 | €6,228 | €20,155 | +€13,927 | +224% |
| Cash at bank and in hand | 54/58 | €14,444 | €34,149 | +€19,705 | +136% |
| Deferred charges and accrued income | 490/1 | €62,952 | €53,859 | -€9,093 | -14.4% |
| Total equity and liabilities | 10/49 | €409,316 | €415,903 | +€6,587 | +1.6% |
| Equity | 10/15 | €183,521 | €189,812 | +€6,291 | +3.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €163,500 | €169,215 | +€5,715 | +3.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €161,500 | €167,215 | +€5,715 | +3.5% |
| Profit (loss) carried forward | 14 | €21 | €597 | +€576 | +2,765% |
| Amounts payable | 17/49 | €225,795 | €226,092 | +€296 | +0.1% |
| Amounts payable after more than one year | 17 | €131,761 | €136,871 | +€5,110 | +3.9% |
| Financial debts | 170/4 | €131,761 | €136,871 | +€5,110 | +3.9% |
| Amounts payable within one year | 42/48 | €94,034 | €89,220 | -€4,813 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €20,667 | €23,152 | +€2,485 | +12.0% |
| Trade debts | 44 | €14,499 | €30,292 | +€15,793 | +109% |
| Suppliers | 440/4 | €14,499 | €30,292 | +€15,793 | +109% |
| Taxes, remuneration and social security | 45 | €47,557 | €34,466 | -€13,091 | -27.5% |
| Taxes | 450/3 | €20,393 | €18,981 | -€1,412 | -6.9% |
| Remuneration and social security | 454/9 | €27,165 | €15,485 | -€11,679 | -43.0% |
| Other amounts payable | 47/48 | €11,310 | €1,310 | -€10,000 | -88.4% |
| Turnover | 70 | €435,656 | €446,780 | +€11,124 | +2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €223,330 | €256,098 | +€32,768 | +14.7% |
| Remuneration, social security and pensions | 62 | €192,464 | €189,907 | -€2,558 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,949 | €15,265 | -€13,683 | -47.3% |
| Other operating charges | 640/8 | €5,822 | €5,391 | -€431 | -7.4% |
| Non-recurring operating charges | 66A | €4,312 | €9,909 | +€5,597 | +130% |
| Gross operating margin | 9900 | €271,208 | €239,286 | -€31,922 | -11.8% |
| Operating profit (loss) | 9901 | €39,661 | €18,814 | -€20,847 | -52.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,316 | €5,024 | +€2,708 | +117% |
| Recurring financial charges | 65 | €2,316 | €5,024 | +€2,708 | +117% |
| Profit (loss) for the period before taxes | 9903 | €37,345 | €13,791 | -€23,554 | -63.1% |
| Income taxes | 67/77 | €10,000 | €7,500 | -€2,500 | -25.0% |
| Profit (loss) for the period | 9904 | €27,345 | €6,291 | -€21,054 | -77.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,345 | €6,291 | -€21,054 | -77.0% |
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 25 October 2026 via checked.be.