Simon: 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.
Simon
Largest movements
- Cash +€38,224
up €38,224 (+79.9%), from €47,866 to €86,090
mainly Net result for the year (+€87,767) and Depreciation (+€61,891)
- Tangible fixed assets +€31,675
up €31,675 (+2.4%), from €1.3m to €1.4m
of which Land and buildings: +€40,841
- Reserves +€87,760
up €87,760 (+493%), from €17,800 to €105,560
of which Distributable reserves: +€95,260
- Debts after one year -€19,166
down €19,166 (-3.4%), from €566,995 to €547,829
- Tax, wage and social debts +€17,292
up €17,292 (+160%), from €10,817 to €28,109
- Other operating charges -€81,326
down €81,326 (-98.3%), from €82,728 to €1,403
- Gross operating margin +€50,215
up €50,215 (+26.7%), from €188,032 to €238,248
- Taxes +€33,445
up €33,445 (+397%), from €8,429 to €41,874
- Financial charges +€12,383
up €12,383 (+37.6%), from €32,930 to €45,313
- Depreciation +€8,248
up €8,248 (+15.4%), from €53,643 to €61,891
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 | €1,391,039 | €1,460,938 | +€69,899 | +5.0% |
| Fixed assets | 21/28 | €1,343,174 | €1,374,848 | +€31,675 | +2.4% |
| Tangible fixed assets | 22/27 | €1,342,530 | €1,374,205 | +€31,675 | +2.4% |
| Land and buildings | 22 | €1,288,046 | €1,328,887 | +€40,841 | +3.2% |
| Plant, machinery and equipment | 23 | €50,484 | €43,318 | -€7,166 | -14.2% |
| Other tangible fixed assets | 26 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Financial fixed assets | 28 | €643 | €643 | = | 0.0% |
| Current assets | 29/58 | €47,866 | €86,090 | +€38,224 | +79.9% |
| Cash at bank and in hand | 54/58 | €47,866 | €86,090 | +€38,224 | +79.9% |
| Total equity and liabilities | 10/49 | €1,391,039 | €1,460,938 | +€69,899 | +5.0% |
| Equity | 10/15 | €404,674 | €492,442 | +€87,767 | +21.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €17,800 | €105,560 | +€87,760 | +493% |
| Non-distributable reserves | 130/1 | €7,500 | - | -€7,500 | |
| Reserves not available under the articles | 1311 | €7,500 | - | -€7,500 | |
| Distributable reserves | 133 | €10,300 | €105,560 | +€95,260 | +925% |
| Profit (loss) carried forward | 14 | €311,874 | €311,882 | +€7 | 0.0% |
| Amounts payable | 17/49 | €986,365 | €968,496 | -€17,869 | -1.8% |
| Amounts payable after more than one year | 17 | €566,995 | €547,829 | -€19,166 | -3.4% |
| Financial debts | 170/4 | €566,995 | €547,829 | -€19,166 | -3.4% |
| Amounts payable within one year | 42/48 | €419,370 | €420,667 | +€1,297 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €24,956 | €20,871 | -€4,084 | -16.4% |
| Trade debts | 44 | €6,891 | €4,565 | -€2,326 | -33.8% |
| Suppliers | 440/4 | €6,891 | €4,565 | -€2,326 | -33.8% |
| Taxes, remuneration and social security | 45 | €10,817 | €28,109 | +€17,292 | +160% |
| Taxes | 450/3 | €10,817 | €28,109 | +€17,292 | +160% |
| Other amounts payable | 47/48 | €376,707 | €367,121 | -€9,586 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,643 | €61,891 | +€8,248 | +15.4% |
| Other operating charges | 640/8 | €82,728 | €1,403 | -€81,326 | -98.3% |
| Gross operating margin | 9900 | €188,032 | €238,248 | +€50,215 | +26.7% |
| Operating profit (loss) | 9901 | €51,661 | €174,954 | +€123,293 | +239% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €32,930 | €45,313 | +€12,383 | +37.6% |
| Recurring financial charges | 65 | €32,930 | €45,313 | +€12,383 | +37.6% |
| Profit (loss) for the period before taxes | 9903 | €18,732 | €129,642 | +€110,910 | +592% |
| Income taxes | 67/77 | €8,429 | €41,874 | +€33,445 | +397% |
| Profit (loss) for the period | 9904 | €10,303 | €87,767 | +€77,465 | +752% |
| Profit (loss) for the period to be appropriated | 9905 | €10,303 | €87,767 | +€77,465 | +752% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.