Simon en Zonen: 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.
What changed
Simon en Zonen
NACE 46.832, Wholesale of timber
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6.6m
2024 · €6.1m+€466,727
Equity
€76.6m
2024 · €70.0m+€6.6m
Cash
€34.8m
2024 · €29.1m+€5.7m
Balance sheet total
€79.5m
2024 · €72.9m+€6.5m
Largest movements
Assets
- Cash +€5.7m
up €5.7m (+19.6%), from €29.1m to €34.8m
mainly Net result for the year (+€6.6m) and Receivables within one year (+€1.5m)
- Stocks and contracts +€3.3m
up €3.3m (+35.0%), from €9.4m to €12.7m
- Receivables within one year -€1.5m
down €1.5m (-13.7%), from €11.1m to €9.6m
of which Other amounts receivable: -€1.0m
- Tangible fixed assets -€827,334
down €827,334 (-15.4%), from €5.4m to €4.5m
of which Plant, machinery and equipment: -€669,311
Equity and liabilities
- Reserves +€6.6m
up €6.6m (+9.4%), from €69.9m to €76.5m
of which Distributable reserves: +€6.6m
Income statement
- Turnover +€11.5m
up €11.5m (+17.3%), from €66.5m to €78.0m
- Goods and materials +€10.4m
up €10.4m (+19.0%), from €54.9m to €65.4m
of which Purchases: +€11.3m
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.
Result 2024
€6.1m
Turnover
+€11.5m
Other operating income
+€38,180
Goods and materials
-€10.4m
Services and other goods
-€139,279
Staff costs
-€174,473
Depreciation
+€21,156
Write-downs
-€560,612
Provisions
+€620,375
Other operating charges
-€12,450
Financial income
-€126,583
Financial charges
-€133,555
Taxes
-€156,727
Result 2025
€6.6m
raises the resultlowers the result
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.
From operations
+€5.8m
Investment
-€114,650
Financing
+€25,742
Cash 2024
€29.1m
From operations (derived)
+€5.8m
Net result for the year
+€6.6m
Depreciation
+€991,984
Stocks and contracts
-€3.3m
Receivables within one year
+€1.5m
Deferred charges and accrued income
+€55,067
Provisions
-€620,375
Trade debts
-€35,463
Tax, wage and social debts
+€545,086
Accrued charges and deferred income
-€2,385
Investment (derived)
-€114,650
Investment in fixed assets (net)
-€164,650
Current investments
+€50,000
Financing
+€25,742
Debts after one year
+€25,742
Cash 2025
€34.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,944,385 | €79,462,921 | +€6.5m | +8.9% |
| Fixed assets | 21/28 | €16,667,688 | €15,840,354 | -€827,334 | -5.0% |
| Tangible fixed assets | 22/27 | €5,366,746 | €4,539,412 | -€827,334 | -15.4% |
| Land and buildings | 22 | €3,581,425 | €3,350,837 | -€230,588 | -6.4% |
| Plant, machinery and equipment | 23 | €1,521,857 | €852,546 | -€669,311 | -44.0% |
| Furniture and vehicles | 24 | €263,464 | €336,029 | +€72,565 | +27.5% |
| Financial fixed assets | 28 | €11,300,942 | €11,300,942 | = | 0.0% |
| Other financial fixed assets | 284/8 | €11,300,942 | €11,300,942 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €11,300,942 | €11,300,942 | = | 0.0% |
| Current assets | 29/58 | €56,276,697 | €63,622,567 | +€7.3m | +13.1% |
| Stocks and contracts in progress | 3 | €9,377,707 | €12,664,294 | +€3.3m | +35.0% |
| Stocks | 30/36 | €9,377,707 | €12,664,294 | +€3.3m | +35.0% |
| Goods purchased for resale | 34 | €9,377,707 | €12,664,294 | +€3.3m | +35.0% |
| Amounts receivable within one year | 40/41 | €11,116,349 | €9,589,668 | -€1.5m | -13.7% |
| Trade receivables | 40 | €9,927,911 | €9,406,985 | -€520,927 | -5.2% |
| Other amounts receivable | 41 | €1,188,438 | €182,683 | -€1.0m | -84.6% |
| Current investments | 50/53 | €5,575,000 | €5,525,000 | -€50,000 | -0.9% |
| Own shares | 50 | €3,175,000 | €3,175,000 | = | 0.0% |
| Other investments | 51/53 | €2,400,000 | €2,350,000 | -€50,000 | -2.1% |
| Cash at bank and in hand | 54/58 | €29,100,006 | €34,791,037 | +€5.7m | +19.6% |
| Deferred charges and accrued income | 490/1 | €1,107,634 | €1,052,568 | -€55,067 | -5.0% |
| Total equity and liabilities | 10/49 | €72,944,385 | €79,462,921 | +€6.5m | +8.9% |
| Equity | 10/15 | €69,967,498 | €76,573,428 | +€6.6m | +9.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €69,905,998 | €76,511,928 | +€6.6m | +9.4% |
| Non-distributable reserves | 130/1 | €3,181,150 | €3,181,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Own shares acquired | 1312 | €3,175,000 | €3,175,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,700,000 | €11,700,000 | = | 0.0% |
| Distributable reserves | 133 | €55,024,848 | €61,630,778 | +€6.6m | +12.0% |
| Provisions and deferred taxes | 16 | €620,375 | €0 | -€620,375 | -100% |
| Provisions for liabilities and charges | 160/5 | €620,375 | €0 | -€620,375 | -100% |
| Other liabilities and charges | 164/5 | €620,375 | €0 | -€620,375 | -100% |
| Amounts payable | 17/49 | €2,356,512 | €2,889,493 | +€532,980 | +22.6% |
| Amounts payable after more than one year | 17 | €441,915 | €467,657 | +€25,742 | +5.8% |
| Financial debts | 170/4 | €441,915 | €467,657 | +€25,742 | +5.8% |
| Other loans | 174 | €441,915 | €467,657 | +€25,742 | +5.8% |
| Amounts payable within one year | 42/48 | €1,880,049 | €2,389,673 | +€509,624 | +27.1% |
| Trade debts | 44 | €1,605,504 | €1,570,042 | -€35,463 | -2.2% |
| Suppliers | 440/4 | €1,605,504 | €1,570,042 | -€35,463 | -2.2% |
| Taxes, remuneration and social security | 45 | €274,545 | €819,631 | +€545,086 | +199% |
| Taxes | 450/3 | €28,059 | €617,827 | +€589,768 | +2,102% |
| Remuneration and social security | 454/9 | €246,486 | €201,804 | -€44,682 | -18.1% |
| Accrued charges and deferred income | 492/3 | €34,548 | €32,163 | -€2,385 | -6.9% |
| Operating income | 70/76A | €66,551,202 | €78,093,986 | +€11.5m | +17.3% |
| Turnover | 70 | €66,523,667 | €78,028,272 | +€11.5m | +17.3% |
| Other operating income | 74 | €27,534 | €65,715 | +€38,180 | +139% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €59,795,866 | €70,455,060 | +€10.7m | +17.8% |
| Goods for resale, raw materials and consumables | 60 | €54,939,275 | €65,353,186 | +€10.4m | +19.0% |
| Purchases | 600/8 | €57,309,973 | €68,639,773 | +€11.3m | +19.8% |
| Change in stocks: decrease (increase) | 609 | -€2,370,698 | -€3,286,587 | -€915,889 | -38.6% |
| Services and other goods | 61 | €1,919,931 | €2,059,211 | +€139,279 | +7.3% |
| Remuneration, social security and pensions | 62 | €1,665,351 | €1,839,824 | +€174,473 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013,140 | €991,984 | -€21,156 | -2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €170,620 | €731,231 | +€560,612 | +329% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€620,375 | -€620,375 | |
| Other operating charges | 640/8 | €87,549 | €99,998 | +€12,450 | +14.2% |
| Operating profit (loss) | 9901 | €6,755,335 | €7,638,927 | +€883,591 | +13.1% |
| Financial income | 75/76B | €2,030,894 | €1,904,310 | -€126,583 | -6.2% |
| Recurring financial income | 75 | €2,030,894 | €1,904,310 | -€126,583 | -6.2% |
| Income from current assets | 751 | €995,240 | €656,525 | -€338,715 | -34.0% |
| Other financial income | 752/9 | €1,035,653 | €1,247,786 | +€212,132 | +20.5% |
| Financial charges | 65/66B | €585,814 | €719,369 | +€133,555 | +22.8% |
| Recurring financial charges | 65 | €585,814 | €719,369 | +€133,555 | +22.8% |
| Debt charges | 650 | €34,548 | €32,163 | -€2,385 | -6.9% |
| Other financial charges | 652/9 | €551,266 | €687,206 | +€135,940 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €8,200,415 | €8,823,868 | +€623,453 | +7.6% |
| Income taxes | 67/77 | €2,061,211 | €2,217,938 | +€156,727 | +7.6% |
| Taxes | 670/3 | €2,061,211 | €2,217,938 | +€156,727 | +7.6% |
| Profit (loss) for the period | 9904 | €6,139,204 | €6,605,931 | +€466,727 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,139,204 | €6,605,931 | +€466,727 | +7.6% |
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 27 October 2026 via checked.be.