SIMON EDDY: 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.
SIMON EDDY
Largest movements
- Cash -€139,684
down €139,684 (-73.3%), from €190,454 to €50,770
mainly Contributions, distributions and other (-€207,000) and Deferred charges and accrued income (-€12,500)
- Tangible fixed assets -€63,009
down €63,009 (-27.3%), from €230,672 to €167,663
of which Furniture and vehicles: -€41,284
- Receivables within one year -€13,992
down €13,992 (-31.1%), from €44,922 to €30,930
of which Trade receivables: -€13,170
- Deferred charges and accrued income +€12,500
new in 2024: €12,500
- Stocks and contracts +€11,000
up €11,000 (+275.0%), from €4,000 to €15,000
- Profit (loss) carried forward -€201,180
down €201,180 (-97.1%), from €207,096 to €5,917
- Other debts +€13,137
up €13,137 (+146.0%), from €9,000 to €22,137
- Trade debts -€5,142
down €5,142 (-38.1%), from €13,491 to €8,350
- Gross operating margin -€32,783
down €32,783 (-30.5%), from €107,401 to €74,618
- Taxes -€11,282
down €11,282 (-85.0%), from €13,273 to €1,991
- Other operating charges +€1,136
up €1,136 (+44.8%), from €2,535 to €3,671
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €470,048 | €276,863 | -€193,185 | -41.1% |
| Fixed assets | 21/28 | €230,672 | €167,663 | -€63,009 | -27.3% |
| Tangible fixed assets | 22/27 | €230,672 | €167,663 | -€63,009 | -27.3% |
| Plant, machinery and equipment | 23 | €71,424 | €52,064 | -€19,360 | -27.1% |
| Furniture and vehicles | 24 | €152,305 | €111,021 | -€41,284 | -27.1% |
| Other tangible fixed assets | 26 | €6,943 | €4,578 | -€2,365 | -34.1% |
| Current assets | 29/58 | €239,376 | €109,200 | -€130,175 | -54.4% |
| Stocks and contracts in progress | 3 | €4,000 | €15,000 | +€11,000 | +275.0% |
| Contracts in progress | 37 | €4,000 | €15,000 | +€11,000 | +275.0% |
| Amounts receivable within one year | 40/41 | €44,922 | €30,930 | -€13,992 | -31.1% |
| Trade receivables | 40 | €29,954 | €16,784 | -€13,170 | -44.0% |
| Other amounts receivable | 41 | €14,967 | €14,146 | -€822 | -5.5% |
| Cash at bank and in hand | 54/58 | €190,454 | €50,770 | -€139,684 | -73.3% |
| Deferred charges and accrued income | 490/1 | - | €12,500 | +€12,500 | |
| Total equity and liabilities | 10/49 | €470,048 | €276,863 | -€193,185 | -41.1% |
| Equity | 10/15 | €447,556 | €246,377 | -€201,180 | -45.0% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €221,860 | €220,000 | -€1,860 | -0.8% |
| Non-distributable reserves | 130/1 | €221,860 | €220,000 | -€1,860 | -0.8% |
| Reserves not available under the articles | 1311 | €221,860 | €220,000 | -€1,860 | -0.8% |
| Profit (loss) carried forward | 14 | €207,096 | €5,917 | -€201,180 | -97.1% |
| Amounts payable | 17/49 | €22,491 | €30,486 | +€7,995 | +35.5% |
| Amounts payable within one year | 42/48 | €22,491 | €30,486 | +€7,995 | +35.5% |
| Trade debts | 44 | €13,491 | €8,350 | -€5,142 | -38.1% |
| Suppliers | 440/4 | €13,491 | €8,350 | -€5,142 | -38.1% |
| Other amounts payable | 47/48 | €9,000 | €22,137 | +€13,137 | +146.0% |
| Non-recurring operating income | 76A | €7,000 | - | -€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,959 | €63,009 | -€950 | -1.5% |
| Other operating charges | 640/8 | €2,535 | €3,671 | +€1,136 | +44.8% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €107,401 | €74,618 | -€32,783 | -30.5% |
| Operating profit (loss) | 9901 | €40,843 | €7,938 | -€32,905 | -80.6% |
| Financial income | 75/76B | €234 | €119 | -€115 | -49.3% |
| Recurring financial income | 75 | €234 | €119 | -€115 | -49.3% |
| Financial charges | 65/66B | €260 | €245 | -€15 | -5.8% |
| Recurring financial charges | 65 | €260 | €245 | -€15 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €40,817 | €7,811 | -€33,006 | -80.9% |
| Income taxes | 67/77 | €13,273 | €1,991 | -€11,282 | -85.0% |
| Profit (loss) for the period | 9904 | €27,544 | €5,820 | -€21,724 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,544 | €5,820 | -€21,724 | -78.9% |
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 3 October 2026 via checked.be.