Siemons-Proost: 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.
Siemons-Proost
Largest movements
- Tangible fixed assets +€52,824
up €52,824 (+279.7%), from €18,884 to €71,707
of which Land and buildings: +€37,112
- Cash -€34,463
down €34,463 (-46.2%), from €74,578 to €40,115
mainly Investment in fixed assets (net) (-€60,703) and Contributions, distributions and other (-€30,000)
- Receivables within one year +€15,483
up €15,483 (+64.2%), from €24,115 to €39,598
of which Trade receivables: +€13,875
- Other debts +€24,691
up €24,691 (+229.8%), from €10,743 to €35,434
- Profit (loss) carried forward +€8,576
up €8,576 (+11.3%), from €75,760 to €84,336
- Tax, wage and social debts +€5,183
up €5,183 (+58.1%), from €8,920 to €14,103
of which Taxes: +€2,883
- Trade debts -€4,607
down €4,607 (-28.5%), from €16,153 to €11,547
- Gross operating margin +€10,868
up €10,868 (+23.6%), from €46,012 to €56,880
- Depreciation +€4,549
up €4,549 (+136.6%), from €3,331 to €7,879
- Taxes +€1,173
up €1,173 (+13.1%), from €8,937 to €10,110
- Other operating charges -€769
down €769 (-60.6%), from €1,269 to €500
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 | €117,577 | €151,420 | +€33,843 | +28.8% |
| Fixed assets | 21/28 | €18,884 | €71,707 | +€52,824 | +279.7% |
| Tangible fixed assets | 22/27 | €18,884 | €71,707 | +€52,824 | +279.7% |
| Land and buildings | 22 | €4,809 | €41,922 | +€37,112 | +771.7% |
| Plant, machinery and equipment | 23 | €5,565 | €6,823 | +€1,259 | +22.6% |
| Furniture and vehicles | 24 | €8,510 | €21,175 | +€12,665 | +148.8% |
| Other tangible fixed assets | 26 | - | €1,787 | +€1,787 | |
| Current assets | 29/58 | €98,693 | €79,712 | -€18,980 | -19.2% |
| Amounts receivable within one year | 40/41 | €24,115 | €39,598 | +€15,483 | +64.2% |
| Trade receivables | 40 | €19,960 | €33,834 | +€13,875 | +69.5% |
| Other amounts receivable | 41 | €4,155 | €5,763 | +€1,608 | +38.7% |
| Cash at bank and in hand | 54/58 | €74,578 | €40,115 | -€34,463 | -46.2% |
| Total equity and liabilities | 10/49 | €117,577 | €151,420 | +€33,843 | +28.8% |
| Equity | 10/15 | €81,760 | €90,336 | +€8,576 | +10.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,760 | €84,336 | +€8,576 | +11.3% |
| Amounts payable | 17/49 | €35,817 | €61,084 | +€25,267 | +70.5% |
| Amounts payable within one year | 42/48 | €35,817 | €61,084 | +€25,267 | +70.5% |
| Trade debts | 44 | €16,153 | €11,547 | -€4,607 | -28.5% |
| Suppliers | 440/4 | €16,153 | €11,547 | -€4,607 | -28.5% |
| Taxes, remuneration and social security | 45 | €8,920 | €14,103 | +€5,183 | +58.1% |
| Taxes | 450/3 | €6,620 | €9,503 | +€2,883 | +43.6% |
| Remuneration and social security | 454/9 | €2,300 | €4,600 | +€2,300 | +100.0% |
| Other amounts payable | 47/48 | €10,743 | €35,434 | +€24,691 | +229.8% |
| Non-recurring operating income | 76A | - | €2,487 | +€2,487 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,331 | €7,879 | +€4,549 | +136.6% |
| Other operating charges | 640/8 | €1,269 | €500 | -€769 | -60.6% |
| Gross operating margin | 9900 | €46,012 | €56,880 | +€10,868 | +23.6% |
| Operating profit (loss) | 9901 | €41,412 | €48,500 | +€7,089 | +17.1% |
| Financial income | 75/76B | €414 | €298 | -€116 | -28.0% |
| Recurring financial income | 75 | €414 | €298 | -€116 | -28.0% |
| Financial charges | 65/66B | €204 | €113 | -€91 | -44.8% |
| Recurring financial charges | 65 | €204 | €113 | -€91 | -44.8% |
| Profit (loss) for the period before taxes | 9903 | €41,622 | €48,686 | +€7,064 | +17.0% |
| Income taxes | 67/77 | €8,937 | €10,110 | +€1,173 | +13.1% |
| Profit (loss) for the period | 9904 | €32,685 | €38,576 | +€5,891 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,685 | €38,576 | +€5,891 | +18.0% |
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 6 October 2026 via checked.be.