SIEMONS GRONDWERKEN: 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.
SIEMONS GRONDWERKEN
Largest movements
- Cash -€23,008
down €23,008 (-48.9%), from €47,036 to €24,028
mainly Receivables within one year (-€17,090) and Net result for the year (-€11,024)
- Receivables within one year +€17,090
up €17,090 (+63.0%), from €27,118 to €44,209
of which Other amounts receivable: +€9,211
- Deferred charges and accrued income -€2,784
down €2,784 (-21.4%), from €12,981 to €10,197
- Profit (loss) carried forward -€11,024
down €11,024 (-36.2%), from -€30,459 to -€41,483
- Other debts +€1,261
up €1,261 (+2.0%), from €63,057 to €64,318
- Trade debts +€1,187
up €1,187 (+47.7%), from €2,485 to €3,672
- Gross operating margin -€11,244
down €11,244, from €7,112 to -€4,132
- Other operating charges -€649
down €649 (-25.6%), from €2,533 to €1,885
- Financial charges -€319
down €319 (-6.7%), from €4,773 to €4,454
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 | €88,183 | €79,030 | -€9,152 | -10.4% |
| Fixed assets | 21/28 | €1,047 | €597 | -€450 | -43.0% |
| Tangible fixed assets | 22/27 | €927 | €477 | -€450 | -48.5% |
| Furniture and vehicles | 24 | €927 | €477 | -€450 | -48.5% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €87,136 | €78,433 | -€8,702 | -10.0% |
| Amounts receivable within one year | 40/41 | €27,118 | €44,209 | +€17,090 | +63.0% |
| Trade receivables | 40 | €15,725 | €23,604 | +€7,879 | +50.1% |
| Other amounts receivable | 41 | €11,393 | €20,605 | +€9,211 | +80.8% |
| Cash at bank and in hand | 54/58 | €47,036 | €24,028 | -€23,008 | -48.9% |
| Deferred charges and accrued income | 490/1 | €12,981 | €10,197 | -€2,784 | -21.4% |
| Total equity and liabilities | 10/49 | €88,183 | €79,030 | -€9,152 | -10.4% |
| Equity | 10/15 | €21,813 | €10,789 | -€11,024 | -50.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,673 | €33,673 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €31,813 | €31,813 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,459 | -€41,483 | -€11,024 | -36.2% |
| Amounts payable | 17/49 | €66,369 | €68,241 | +€1,872 | +2.8% |
| Amounts payable within one year | 42/48 | €66,369 | €68,241 | +€1,872 | +2.8% |
| Trade debts | 44 | €2,485 | €3,672 | +€1,187 | +47.7% |
| Suppliers | 440/4 | €2,485 | €3,672 | +€1,187 | +47.7% |
| Taxes, remuneration and social security | 45 | €827 | €251 | -€576 | -69.7% |
| Taxes | 450/3 | €827 | €251 | -€576 | -69.7% |
| Other amounts payable | 47/48 | €63,057 | €64,318 | +€1,261 | +2.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €450 | +€27 | +6.4% |
| Other operating charges | 640/8 | €2,533 | €1,885 | -€649 | -25.6% |
| Gross operating margin | 9900 | €7,112 | -€4,132 | -€11,244 | |
| Operating profit (loss) | 9901 | €4,155 | -€6,467 | -€10,622 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,773 | €4,454 | -€319 | -6.7% |
| Recurring financial charges | 65 | €4,773 | €4,454 | -€319 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | -€618 | -€10,921 | -€10,304 | -1,668% |
| Income taxes | 67/77 | €104 | €103 | -€1 | -1.2% |
| Profit (loss) for the period | 9904 | -€722 | -€11,024 | -€10,302 | -1,428% |
| Profit (loss) for the period to be appropriated | 9905 | -€722 | -€11,024 | -€10,302 | -1,428% |
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 29 October 2026 via checked.be.