SIMON et Cie: what changed
What changed
SIMON et Cie
NACE 46.820, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€36,606
2024 · -€107,607+€71,001
Equity
€2.0m
2024 · €2.0m-€42,155
Cash
€139,100
2024 · €26,353+€112,747
Balance sheet total
€3.0m
2024 · €3.0m+€67,225
Largest movements
Assets
- Cash +€112,747
up €112,747 (+428%), from €26,353 to €139,100
mainly Depreciation (+€162,370) and Trade debts (+€143,711)
- Tangible fixed assets -€70,664
down €70,664 (-3.9%), from €1.8m to €1.8m
of which Furniture and vehicles: -€40,894
- Receivables within one year +€65,778
up €65,778 (+84.6%), from €77,735 to €143,512
of which Trade receivables: +€65,477
- Intangible fixed assets -€52,015
down €52,015 (-42.7%), from €121,843 to €69,828
Equity and liabilities
- Trade debts +€143,711
up €143,711 (+46.8%), from €306,968 to €450,679
- Short-term financial debts -€50,000
no longer reported in 2025 (was €50,000)
- Profit (loss) carried forward -€36,606
down €36,606 (-34.9%), from -€104,776 to -€141,382
Income statement
- Gross operating margin +€121,029
up €121,029 (+35.5%), from €340,953 to €461,982
- Staff costs +€60,414
up €60,414 (+27.1%), from €222,693 to €283,107
- Depreciation -€6,463
down €6,463 (-3.8%), from €168,833 to €162,370
- Financial charges -€4,758
down €4,758 (-11.2%), from €42,536 to €37,778
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€107,607
Gross operating margin
+€121,029
Staff costs
-€60,414
Depreciation
+€6,463
Other operating charges
+€79
Financial income
-€1,000
Financial charges
+€4,758
Taxes
+€86
Result 2025
-€36,606
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€200,238
Investment
-€39,690
Financing
-€47,800
Cash 2024
€26,353
From operations (derived)
+€200,238
Net result for the year
-€36,606
Depreciation
+€162,370
Stocks and contracts
-€8,402
Receivables within one year
-€65,778
Deferred charges and accrued income
-€2,977
Trade debts
+€143,711
Tax, wage and social debts
+€13,958
Other debts
-€4,760
Accrued charges and deferred income
-€1,279
Investment (derived)
-€39,690
Investment in fixed assets (net)
-€39,690
Financing
-€47,800
Debts after one year
-€7,467
Current portion of long-term debt
+€15,216
Short-term financial debts
-€50,000
Contributions, distributions and other
-€5,549
Cash 2025
€139,100
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,967,741 | €3,034,965 | +€67,225 | +2.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,955,490 | €1,832,811 | -€122,680 | -6.3% |
| Intangible fixed assets | 21 | €121,843 | €69,828 | -€52,015 | -42.7% |
| Tangible fixed assets | 22/27 | €1,832,447 | €1,761,783 | -€70,664 | -3.9% |
| Land and buildings | 22 | €1,516,333 | €1,489,450 | -€26,882 | -1.8% |
| Plant, machinery and equipment | 23 | €203,651 | €200,762 | -€2,888 | -1.4% |
| Furniture and vehicles | 24 | €112,464 | €71,570 | -€40,894 | -36.4% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €1,012,250 | €1,202,155 | +€189,904 | +18.8% |
| Stocks and contracts in progress | 3 | €896,626 | €905,028 | +€8,402 | +0.9% |
| Stocks | 30/36 | €896,626 | €905,028 | +€8,402 | +0.9% |
| Amounts receivable within one year | 40/41 | €77,735 | €143,512 | +€65,778 | +84.6% |
| Trade receivables | 40 | €71,075 | €136,552 | +€65,477 | +92.1% |
| Other amounts receivable | 41 | €6,660 | €6,961 | +€301 | +4.5% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €26,353 | €139,100 | +€112,747 | +428% |
| Deferred charges and accrued income | 490/1 | €11,536 | €14,513 | +€2,977 | +25.8% |
| Total equity and liabilities | 10/49 | €2,967,741 | €3,034,965 | +€67,225 | +2.3% |
| Equity | 10/15 | €2,044,371 | €2,002,216 | -€42,155 | -2.1% |
| Contributions | 10/11 | €516,790 | €516,790 | = | 0.0% |
| Revaluation surpluses | 12 | €1,398,666 | €1,384,058 | -€14,608 | -1.0% |
| Reserves | 13 | €222,359 | €236,967 | +€14,608 | +6.6% |
| Non-distributable reserves | 130/1 | €39,200 | €39,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €39,200 | €39,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,719 | €21,719 | = | 0.0% |
| Distributable reserves | 133 | €161,440 | €176,048 | +€14,608 | +9.0% |
| Profit (loss) carried forward | 14 | -€104,776 | -€141,382 | -€36,606 | -34.9% |
| Investment grants | 15 | €11,333 | €5,783 | -€5,549 | -49.0% |
| Amounts payable | 17/49 | €923,370 | €1,032,750 | +€109,380 | +11.8% |
| Amounts payable after more than one year | 17 | €463,207 | €455,740 | -€7,467 | -1.6% |
| Financial debts | 170/4 | €288,207 | €280,740 | -€7,467 | -2.6% |
| Other amounts payable | 178/9 | €175,000 | €175,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €453,642 | €571,768 | +€118,125 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €65,112 | €80,329 | +€15,216 | +23.4% |
| Financial debts | 43 | €50,000 | - | -€50,000 | |
| Credit institutions | 430/8 | €50,000 | - | -€50,000 | |
| Trade debts | 44 | €306,968 | €450,679 | +€143,711 | +46.8% |
| Suppliers | 440/4 | €306,968 | €450,679 | +€143,711 | +46.8% |
| Taxes, remuneration and social security | 45 | €25,202 | €39,160 | +€13,958 | +55.4% |
| Taxes | 450/3 | €8,241 | €10,456 | +€2,215 | +26.9% |
| Remuneration and social security | 454/9 | €16,961 | €28,704 | +€11,743 | +69.2% |
| Other amounts payable | 47/48 | €6,361 | €1,601 | -€4,760 | -74.8% |
| Accrued charges and deferred income | 492/3 | €6,521 | €5,242 | -€1,279 | -19.6% |
| Remuneration, social security and pensions | 62 | €222,693 | €283,107 | +€60,414 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €168,833 | €162,370 | -€6,463 | -3.8% |
| Other operating charges | 640/8 | €20,326 | €20,247 | -€79 | -0.4% |
| Gross operating margin | 9900 | €340,953 | €461,982 | +€121,029 | +35.5% |
| Operating profit (loss) | 9901 | -€70,899 | -€3,742 | +€67,158 | +94.7% |
| Financial income | 75/76B | €6,549 | €5,549 | -€1,000 | -15.3% |
| Recurring financial income | 75 | €6,549 | €5,549 | -€1,000 | -15.3% |
| Financial charges | 65/66B | €42,536 | €37,778 | -€4,758 | -11.2% |
| Recurring financial charges | 65 | €42,536 | €37,778 | -€4,758 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | -€106,886 | -€35,970 | +€70,915 | +66.3% |
| Income taxes | 67/77 | €721 | €636 | -€86 | -11.9% |
| Profit (loss) for the period | 9904 | -€107,607 | -€36,606 | +€71,001 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€107,607 | -€36,606 | +€71,001 | +66.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.