SIMON DHEERE ADVOCAAT: 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 DHEERE ADVOCAAT
Largest movements
- Cash +€58,038
up €58,038 (+38.7%), from €149,928 to €207,966
mainly Net result for the year (+€36,897) and Depreciation (+€18,228)
- Tangible fixed assets -€15,103
down €15,103 (-55.1%), from €27,404 to €12,301
- Receivables within one year -€14,342
down €14,342 (-31.7%), from €45,267 to €30,925
of which Trade receivables: -€17,290
- Intangible fixed assets -€3,125
down €3,125 (-37.6%), from €8,322 to €5,197
- Reserves +€36,897
up €36,897 (+18.0%), from €205,544 to €242,441
- Debts after one year -€6,114
no longer reported in 2025 (was €6,114)
- Other debts -€3,424
no longer reported in 2025 (was €3,424)
- Gross operating margin -€9,350
down €9,350 (-11.7%), from €80,101 to €70,751
- Taxes -€1,693
down €1,693 (-9.9%), from €17,149 to €15,456
- Financial income +€870
up €870 (+8,702,900%), from €0 to €870
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 | €233,313 | €258,111 | +€24,797 | +10.6% |
| Fixed assets | 21/28 | €35,726 | €17,498 | -€18,228 | -51.0% |
| Intangible fixed assets | 21 | €8,322 | €5,197 | -€3,125 | -37.6% |
| Tangible fixed assets | 22/27 | €27,404 | €12,301 | -€15,103 | -55.1% |
| Furniture and vehicles | 24 | €27,404 | €12,301 | -€15,103 | -55.1% |
| Current assets | 29/58 | €197,588 | €240,613 | +€43,026 | +21.8% |
| Amounts receivable within one year | 40/41 | €45,267 | €30,925 | -€14,342 | -31.7% |
| Trade receivables | 40 | €29,844 | €12,553 | -€17,290 | -57.9% |
| Other amounts receivable | 41 | €15,423 | €18,371 | +€2,948 | +19.1% |
| Cash at bank and in hand | 54/58 | €149,928 | €207,966 | +€58,038 | +38.7% |
| Deferred charges and accrued income | 490/1 | €2,393 | €1,723 | -€671 | -28.0% |
| Total equity and liabilities | 10/49 | €233,313 | €258,111 | +€24,797 | +10.6% |
| Equity | 10/15 | €205,544 | €242,441 | +€36,897 | +18.0% |
| Reserves | 13 | €205,544 | €242,441 | +€36,897 | +18.0% |
| Distributable reserves | 133 | €205,544 | €242,441 | +€36,897 | +18.0% |
| Amounts payable | 17/49 | €27,770 | €15,670 | -€12,100 | -43.6% |
| Amounts payable after more than one year | 17 | €6,114 | - | -€6,114 | |
| Financial debts | 170/4 | €6,114 | - | -€6,114 | |
| Amounts payable within one year | 42/48 | €21,624 | €15,670 | -€5,954 | -27.5% |
| Current portion of amounts payable after more than one year | 42 | €8,088 | €6,114 | -€1,975 | -24.4% |
| Trade debts | 44 | €254 | €129 | -€126 | -49.5% |
| Suppliers | 440/4 | €254 | €129 | -€126 | -49.5% |
| Taxes, remuneration and social security | 45 | €9,857 | €9,428 | -€429 | -4.4% |
| Taxes | 450/3 | €9,857 | €9,428 | -€429 | -4.4% |
| Other amounts payable | 47/48 | €3,424 | - | -€3,424 | |
| Accrued charges and deferred income | 492/3 | €32 | - | -€32 | |
| Non-recurring operating income | 76A | €264 | €264 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,863 | €18,228 | -€635 | -3.4% |
| Other operating charges | 640/8 | €848 | €863 | +€15 | +1.7% |
| Gross operating margin | 9900 | €80,101 | €70,751 | -€9,350 | -11.7% |
| Operating profit (loss) | 9901 | €60,390 | €51,660 | -€8,730 | -14.5% |
| Financial income | 75/76B | €0 | €870 | +€870 | +8,702,900% |
| Recurring financial income | 75 | €0 | €870 | +€870 | +8,702,900% |
| Financial charges | 65/66B | €303 | €177 | -€126 | -41.6% |
| Recurring financial charges | 65 | €303 | €177 | -€126 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €60,087 | €52,353 | -€7,734 | -12.9% |
| Income taxes | 67/77 | €17,149 | €15,456 | -€1,693 | -9.9% |
| Profit (loss) for the period | 9904 | €42,937 | €36,897 | -€6,040 | -14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,937 | €36,897 | -€6,040 | -14.1% |
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 26 October 2026 via checked.be.