Skip to content

SIMON - DECAESTECKER: 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.

What changed

SIMON - DECAESTECKER

BE 0459.414.566
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€98
2023 · €1,522-€1,620
Equity
€71,417
2023 · €71,515-€98
Cash
€63,298
2023 · €62,012+€1,286
Balance sheet total
€78,191
2023 · €77,277+€914

Largest movements

2023 to 2024
Assets
  • Cash +€1,286

    up €1,286 (+2.1%), from €62,012 to €63,298

    mainly Trade debts (+€743) and Depreciation (+€625)

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin -€2,483

      down €2,483 (-35.7%), from €6,949 to €4,466

    • Taxes -€668

      down €668 (-71.8%), from €930 to €262

    • Depreciation -€244

      down €244 (-28.0%), from €869 to €625

    • Financial charges +€141

      up €141 (+45.2%), from €312 to €453

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 €1,522
    Gross operating margin -€2,483
    Depreciation +€244
    Other operating charges +€32
    Financial income +€60
    Financial charges -€141
    Taxes +€668
    Result 2024 -€98

    Cash bridge derived

    cash 2023 to 2024

    Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations +€1,286
    Investment €0
    Financing €0
    Cash 2023 €62,012
    Net result for the year -€98
    Depreciation +€625
    Receivables within one year -€113
    Deferred charges and accrued income -€140
    Trade debts +€743
    Other debts +€246
    Accrued charges and deferred income +€23
    Cash 2024 €63,298
    Every line side by side 36 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €77,277 €78,191 +€914 +1.2%
    Fixed assets 21/28 €14,347 €13,722 -€625 -4.4%
    Tangible fixed assets 22/27 €14,347 €13,722 -€625 -4.4%
    Land and buildings 22 €12,758 €12,758 = 0.0%
    Furniture and vehicles 24 €1,080 €666 -€414 -38.3%
    Other tangible fixed assets 26 €509 €298 -€211 -41.5%
    Current assets 29/58 €62,929 €64,469 +€1,540 +2.4%
    Amounts receivable within one year 40/41 €598 €711 +€113 +19.0%
    Other amounts receivable 41 €598 €711 +€113 +19.0%
    Cash at bank and in hand 54/58 €62,012 €63,298 +€1,286 +2.1%
    Deferred charges and accrued income 490/1 €320 €460 +€140 +43.9%
    Total equity and liabilities 10/49 €77,277 €78,191 +€914 +1.2%
    Equity 10/15 €71,515 €71,417 -€98 -0.1%
    Contributions 10/11 €18,600 €18,600 = 0.0%
    Reserves 13 €52,915 €52,817 -€98 -0.2%
    Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
    Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
    Distributable reserves 133 €51,055 €50,957 -€98 -0.2%
    Amounts payable 17/49 €5,762 €6,774 +€1,012 +17.6%
    Amounts payable within one year 42/48 €5,168 €6,158 +€990 +19.2%
    Trade debts 44 €157 €900 +€743 +473.5%
    Suppliers 440/4 €157 €900 +€743 +473.5%
    Other amounts payable 47/48 €5,011 €5,257 +€246 +4.9%
    Accrued charges and deferred income 492/3 €594 €616 +€23 +3.8%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €869 €625 -€244 -28.0%
    Other operating charges 640/8 €3,540 €3,508 -€32 -0.9%
    Gross operating margin 9900 €6,949 €4,466 -€2,483 -35.7%
    Operating profit (loss) 9901 €2,540 €333 -€2,207 -86.9%
    Financial income 75/76B €225 €285 +€60 +26.6%
    Recurring financial income 75 €225 €285 +€60 +26.6%
    Financial charges 65/66B €312 €453 +€141 +45.2%
    Recurring financial charges 65 €312 €453 +€141 +45.2%
    Profit (loss) for the period before taxes 9903 €2,452 €164 -€2,288 -93.3%
    Income taxes 67/77 €930 €262 -€668 -71.8%
    Profit (loss) for the period 9904 €1,522 -€98 -€1,620
    Profit (loss) for the period to be appropriated 9905 €1,522 -€98 -€1,620

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.