M-A Simonis: 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.
M-A Simonis
Largest movements
- Cash +€17,494
up €17,494 (+31.3%), from €55,878 to €73,372
mainly Net result for the year (+€17,705) and Depreciation (+€6,186)
- Tangible fixed assets -€6,186
down €6,186 (-26.0%), from €23,828 to €17,642
of which Furniture and vehicles: -€5,286
- Receivables within one year +€5,831
up €5,831 (+70.4%), from €8,280 to €14,111
of which Other amounts receivable: +€4,607
- Reserves +€80,005
new in 2025: €80,005
- Profit (loss) carried forward -€62,300
no longer reported in 2025 (was €62,300)
- Debts after one year -€5,314
down €5,314 (-33.9%), from €15,656 to €10,341
- Tax, wage and social debts +€3,608
up €3,608 (+141.9%), from €2,543 to €6,151
- Accrued charges and deferred income +€1,224
up €1,224 (+250.2%), from €489 to €1,713
- Gross operating margin -€54,959
down €54,959 (-64.3%), from €85,450 to €30,491
- Taxes -€11,392
down €11,392 (-64.9%), from €17,543 to €6,151
- Financial income -€2,960
down €2,960 (-83.8%), from €3,533 to €574
- Depreciation -€917
down €917 (-12.9%), from €7,104 to €6,186
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 | €95,789 | €112,524 | +€16,736 | +17.5% |
| Fixed assets | 21/28 | €23,828 | €17,642 | -€6,186 | -26.0% |
| Tangible fixed assets | 22/27 | €23,828 | €17,642 | -€6,186 | -26.0% |
| Plant, machinery and equipment | 23 | €3,593 | €2,693 | -€900 | -25.1% |
| Furniture and vehicles | 24 | €20,236 | €14,949 | -€5,286 | -26.1% |
| Current assets | 29/58 | €71,960 | €94,883 | +€22,922 | +31.9% |
| Amounts receivable within one year | 40/41 | €8,280 | €14,111 | +€5,831 | +70.4% |
| Trade receivables | 40 | - | €1,224 | +€1,224 | |
| Other amounts receivable | 41 | €8,280 | €12,887 | +€4,607 | +55.6% |
| Cash at bank and in hand | 54/58 | €55,878 | €73,372 | +€17,494 | +31.3% |
| Deferred charges and accrued income | 490/1 | €7,803 | €7,400 | -€403 | -5.2% |
| Total equity and liabilities | 10/49 | €95,789 | €112,524 | +€16,736 | +17.5% |
| Equity | 10/15 | €67,300 | €85,005 | +€17,705 | +26.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €80,005 | +€80,005 | |
| Distributable reserves | 133 | - | €80,005 | +€80,005 | |
| Profit (loss) carried forward | 14 | €62,300 | - | -€62,300 | |
| Amounts payable | 17/49 | €28,488 | €27,519 | -€969 | -3.4% |
| Amounts payable after more than one year | 17 | €15,656 | €10,341 | -€5,314 | -33.9% |
| Financial debts | 170/4 | €15,656 | €10,341 | -€5,314 | -33.9% |
| Amounts payable within one year | 42/48 | €12,343 | €15,464 | +€3,121 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €5,096 | €5,314 | +€219 | +4.3% |
| Trade debts | 44 | €4,705 | €4,000 | -€705 | -15.0% |
| Suppliers | 440/4 | €4,705 | €4,000 | -€705 | -15.0% |
| Taxes, remuneration and social security | 45 | €2,543 | €6,151 | +€3,608 | +141.9% |
| Taxes | 450/3 | €2,543 | €6,151 | +€3,608 | +141.9% |
| Accrued charges and deferred income | 492/3 | €489 | €1,713 | +€1,224 | +250.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,104 | €6,186 | -€917 | -12.9% |
| Other operating charges | 640/8 | €702 | €202 | -€500 | -71.2% |
| Gross operating margin | 9900 | €85,450 | €30,491 | -€54,959 | -64.3% |
| Operating profit (loss) | 9901 | €77,644 | €24,103 | -€53,541 | -69.0% |
| Financial income | 75/76B | €3,533 | €574 | -€2,960 | -83.8% |
| Recurring financial income | 75 | €3,533 | €574 | -€2,960 | -83.8% |
| Financial charges | 65/66B | €1,334 | €820 | -€514 | -38.5% |
| Recurring financial charges | 65 | €1,334 | €820 | -€514 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €79,843 | €23,856 | -€55,987 | -70.1% |
| Income taxes | 67/77 | €17,543 | €6,151 | -€11,392 | -64.9% |
| Profit (loss) for the period | 9904 | €62,300 | €17,705 | -€44,595 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,300 | €17,705 | -€44,595 | -71.6% |
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 28 September 2026 via checked.be.