SIMOENS Thomas: 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.
SIMOENS Thomas
Largest movements
- Tangible fixed assets +€18,289
up €18,289 (+722.2%), from €2,532 to €20,821
of which Other tangible fixed assets: +€9,667
- Cash +€3,086
up €3,086 (+8.4%), from €36,809 to €39,895
mainly Other debts (+€65,141) and Net result for the year (+€10,859)
- Receivables within one year +€2,929
up €2,929 (+15.5%), from €18,882 to €21,811
of which Other amounts receivable: +€3,785
- Other debts +€65,141
up €65,141 (+3682.0%), from €1,769 to €66,910
- Profit (loss) carried forward -€43,807
down €43,807 (-81.9%), from €53,508 to €9,702
- Tax, wage and social debts +€2,500
new in 2025: €2,500
- Gross operating margin -€15,444
down €15,444 (-42.0%), from €36,807 to €21,363
- Depreciation +€4,296
up €4,296 (+496.0%), from €866 to €5,161
- Taxes -€3,785
down €3,785 (-54.8%), from €6,911 to €3,125
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 | €59,328 | €83,637 | +€24,309 | +41.0% |
| Fixed assets | 21/28 | €2,532 | €20,821 | +€18,289 | +722.2% |
| Tangible fixed assets | 22/27 | €2,532 | €20,821 | +€18,289 | +722.2% |
| Plant, machinery and equipment | 23 | €1,975 | €9,931 | +€7,956 | +402.8% |
| Furniture and vehicles | 24 | €557 | €1,223 | +€666 | +119.5% |
| Other tangible fixed assets | 26 | - | €9,667 | +€9,667 | |
| Current assets | 29/58 | €56,795 | €62,816 | +€6,021 | +10.6% |
| Amounts receivable within one year | 40/41 | €18,882 | €21,811 | +€2,929 | +15.5% |
| Trade receivables | 40 | €15,793 | €14,936 | -€857 | -5.4% |
| Other amounts receivable | 41 | €3,089 | €6,875 | +€3,785 | +122.5% |
| Cash at bank and in hand | 54/58 | €36,809 | €39,895 | +€3,086 | +8.4% |
| Deferred charges and accrued income | 490/1 | €1,104 | €1,110 | +€6 | +0.5% |
| Total equity and liabilities | 10/49 | €59,328 | €83,637 | +€24,309 | +41.0% |
| Equity | 10/15 | €57,508 | €13,702 | -€43,807 | -76.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,508 | €9,702 | -€43,807 | -81.9% |
| Amounts payable | 17/49 | €1,819 | €69,935 | +€68,116 | +3744.3% |
| Amounts payable within one year | 42/48 | €1,819 | €69,935 | +€68,116 | +3744.3% |
| Trade debts | 44 | €50 | €525 | +€475 | +950.1% |
| Suppliers | 440/4 | €50 | €525 | +€475 | +950.1% |
| Taxes, remuneration and social security | 45 | - | €2,500 | +€2,500 | |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €1,769 | €66,910 | +€65,141 | +3682.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €866 | €5,161 | +€4,296 | +496.0% |
| Other operating charges | 640/8 | €1,896 | €1,840 | -€56 | -2.9% |
| Gross operating margin | 9900 | €36,807 | €21,363 | -€15,444 | -42.0% |
| Operating profit (loss) | 9901 | €34,046 | €14,362 | -€19,684 | -57.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €473 | €377 | -€96 | -20.3% |
| Recurring financial charges | 65 | €473 | €377 | -€96 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €33,573 | €13,984 | -€19,588 | -58.3% |
| Income taxes | 67/77 | €6,911 | €3,125 | -€3,785 | -54.8% |
| Profit (loss) for the period | 9904 | €26,662 | €10,859 | -€15,803 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,662 | €10,859 | -€15,803 | -59.3% |
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 2 October 2026 via checked.be.