SANT 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.
SANT SIMON
Largest movements
- Receivables within one year -€3,135
down €3,135 (-41.7%), from €7,515 to €4,380
of which Other amounts receivable: -€7,515
- Tangible fixed assets -€2,258
down €2,258 (-7.7%), from €29,191 to €26,933
of which Plant, machinery and equipment: -€2,093
- Stocks and contracts -€2,234
no longer reported in 2025 (was €2,234)
- Cash +€624
up €624 (+172.8%), from €361 to €986
mainly Depreciation (+€3,568) and Receivables within one year (+€3,135)
- Profit (loss) carried forward -€4,689
new in 2025: -€4,689
- Reserves -€2,394
down €2,394 (-15.7%), from €15,272 to €12,878
of which Non-distributable reserves: -€1,860
- Other debts +€1,719
new in 2025: €1,719
- Trade debts -€1,037
down €1,037 (-20.6%), from €5,032 to €3,995
- Tax, wage and social debts -€602
down €602 (-32.0%), from €1,880 to €1,278
of which Taxes: -€590
- Gross operating margin -€9,455
down €9,455, from €8,528 to -€927
- Other operating charges +€469
up €469 (+53.7%), from €873 to €1,343
- Taxes -€287
no longer reported in 2025 (was €287)
- Staff costs +€169
up €169 (+38.4%), from €439 to €608
- Depreciation +€90
up €90 (+2.6%), from €3,478 to €3,568
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 | €40,784 | €33,782 | -€7,002 | -17.2% |
| Fixed assets | 21/28 | €29,191 | €26,933 | -€2,258 | -7.7% |
| Tangible fixed assets | 22/27 | €29,191 | €26,933 | -€2,258 | -7.7% |
| Land and buildings | 22 | €1,185 | €1,020 | -€165 | -13.9% |
| Plant, machinery and equipment | 23 | €28,005 | €25,913 | -€2,093 | -7.5% |
| Current assets | 29/58 | €11,594 | €6,849 | -€4,745 | -40.9% |
| Stocks and contracts in progress | 3 | €2,234 | - | -€2,234 | |
| Stocks | 30/36 | €2,234 | - | -€2,234 | |
| Amounts receivable within one year | 40/41 | €7,515 | €4,380 | -€3,135 | -41.7% |
| Trade receivables | 40 | - | €4,380 | +€4,380 | |
| Other amounts receivable | 41 | €7,515 | - | -€7,515 | |
| Cash at bank and in hand | 54/58 | €361 | €986 | +€624 | +172.8% |
| Deferred charges and accrued income | 490/1 | €1,483 | €1,483 | = | 0.0% |
| Total equity and liabilities | 10/49 | €40,784 | €33,782 | -€7,002 | -17.2% |
| Equity | 10/15 | €33,872 | €26,790 | -€7,083 | -20.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,272 | €12,878 | -€2,394 | -15.7% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €13,412 | €12,878 | -€534 | -4.0% |
| Profit (loss) carried forward | 14 | - | -€4,689 | -€4,689 | |
| Amounts payable | 17/49 | €6,912 | €6,992 | +€80 | +1.2% |
| Amounts payable within one year | 42/48 | €6,912 | €6,992 | +€80 | +1.2% |
| Trade debts | 44 | €5,032 | €3,995 | -€1,037 | -20.6% |
| Suppliers | 440/4 | €5,032 | €3,995 | -€1,037 | -20.6% |
| Taxes, remuneration and social security | 45 | €1,880 | €1,278 | -€602 | -32.0% |
| Taxes | 450/3 | €1,868 | €1,278 | -€590 | -31.6% |
| Remuneration and social security | 454/9 | €12 | - | -€12 | |
| Other amounts payable | 47/48 | - | €1,719 | +€1,719 | |
| Remuneration, social security and pensions | 62 | €439 | €608 | +€169 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,478 | €3,568 | +€90 | +2.6% |
| Other operating charges | 640/8 | €873 | €1,343 | +€469 | +53.7% |
| Gross operating margin | 9900 | €8,528 | -€927 | -€9,455 | |
| Operating profit (loss) | 9901 | €3,737 | -€6,446 | -€10,183 | |
| Financial charges | 65/66B | €582 | €636 | +€54 | +9.3% |
| Recurring financial charges | 65 | €582 | €636 | +€54 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €3,155 | -€7,083 | -€10,238 | |
| Income taxes | 67/77 | €287 | - | -€287 | |
| Profit (loss) for the period | 9904 | €2,868 | -€7,083 | -€9,951 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,868 | -€7,083 | -€9,951 |
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 3 October 2026 via checked.be.