SIMON ELECTRONICS: 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 ELECTRONICS
Largest movements
- Tangible fixed assets +€22,351
up €22,351 (+106%), from €21,113 to €43,463
of which Furniture and vehicles: +€29,857
- Cash -€18,401
down €18,401 (-34.4%), from €53,463 to €35,062
mainly Investment in fixed assets (net) (-€35,086) and Contributions, distributions and other (-€27,000)
- Receivables within one year -€11,465
down €11,465 (-16.8%), from €68,445 to €56,981
of which Trade receivables: -€11,325
- Deferred charges and accrued income -€6,594
down €6,594 (-78.5%), from €8,399 to €1,805
- Reserves -€11,104
down €11,104 (-16.2%), from €68,575 to €57,471
- Tax, wage and social debts -€10,063
down €10,063 (-74.1%), from €13,578 to €3,516
- Other debts +€7,000
up €7,000 (+35.0%), from €20,000 to €27,000
- Gross operating margin +€17,339
up €17,339 (+104%), from €16,640 to €33,980
- Depreciation +€5,159
up €5,159 (+68.1%), from €7,577 to €12,736
- Other operating charges -€2,503
down €2,503 (-72.7%), from €3,444 to €941
- Taxes +€2,353
up €2,353 (+77.0%), from €3,055 to €5,407
- Financial income -€1,909
down €1,909 (-63.8%), from €2,994 to €1,085
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 | €151,420 | €137,311 | -€14,109 | -9.3% |
| Fixed assets | 21/28 | €21,113 | €43,463 | +€22,351 | +106% |
| Tangible fixed assets | 22/27 | €21,113 | €43,463 | +€22,351 | +106% |
| Land and buildings | 22 | €10,036 | €7,527 | -€2,509 | -25.0% |
| Plant, machinery and equipment | 23 | €11,077 | €6,079 | -€4,997 | -45.1% |
| Furniture and vehicles | 24 | - | €29,857 | +€29,857 | |
| Current assets | 29/58 | €130,307 | €93,848 | -€36,460 | -28.0% |
| Amounts receivable within one year | 40/41 | €68,445 | €56,981 | -€11,465 | -16.8% |
| Trade receivables | 40 | €46,460 | €35,135 | -€11,325 | -24.4% |
| Other amounts receivable | 41 | €21,985 | €21,845 | -€140 | -0.6% |
| Cash at bank and in hand | 54/58 | €53,463 | €35,062 | -€18,401 | -34.4% |
| Deferred charges and accrued income | 490/1 | €8,399 | €1,805 | -€6,594 | -78.5% |
| Total equity and liabilities | 10/49 | €151,420 | €137,311 | -€14,109 | -9.3% |
| Equity | 10/15 | €109,651 | €98,547 | -€11,104 | -10.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €68,575 | €57,471 | -€11,104 | -16.2% |
| Distributable reserves | 133 | €68,575 | €57,471 | -€11,104 | -16.2% |
| Profit (loss) carried forward | 14 | €40,076 | €40,076 | = | 0.0% |
| Amounts payable | 17/49 | €41,769 | €38,764 | -€3,005 | -7.2% |
| Amounts payable within one year | 42/48 | €41,769 | €38,764 | -€3,005 | -7.2% |
| Trade debts | 44 | €8,190 | €8,248 | +€58 | +0.7% |
| Suppliers | 440/4 | €8,190 | €8,248 | +€58 | +0.7% |
| Taxes, remuneration and social security | 45 | €13,578 | €3,516 | -€10,063 | -74.1% |
| Taxes | 450/3 | €13,578 | €3,516 | -€10,063 | -74.1% |
| Other amounts payable | 47/48 | €20,000 | €27,000 | +€7,000 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,577 | €12,736 | +€5,159 | +68.1% |
| Other operating charges | 640/8 | €3,444 | €941 | -€2,503 | -72.7% |
| Gross operating margin | 9900 | €16,640 | €33,980 | +€17,339 | +104% |
| Operating profit (loss) | 9901 | €5,619 | €20,304 | +€14,684 | +261% |
| Financial income | 75/76B | €2,994 | €1,085 | -€1,909 | -63.8% |
| Recurring financial income | 75 | €2,994 | €1,085 | -€1,909 | -63.8% |
| Financial charges | 65/66B | €83 | €85 | +€2 | +2.8% |
| Recurring financial charges | 65 | €83 | €85 | +€2 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €8,531 | €21,303 | +€12,772 | +150% |
| Income taxes | 67/77 | €3,055 | €5,407 | +€2,353 | +77.0% |
| Profit (loss) for the period | 9904 | €5,476 | €15,896 | +€10,420 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €5,476 | €15,896 | +€10,420 | +190% |
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 16 October 2026 via checked.be.