SIMON FLIES: 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 FLIES
Largest movements
- Current investments +€340,000
new in 2025: €340,000
- Cash -€233,906
down €233,906 (-49.9%), from €469,091 to €235,185
mainly Current investments (-€340,000) and Contributions, distributions and other (-€131,041)
- Deferred charges and accrued income +€11,933
up €11,933 (+92.3%), from €12,924 to €24,857
- Other debts +€112,447
up €112,447 (+90.3%), from €124,585 to €237,032
- Gross operating margin +€3,930
up €3,930 (+2.3%), from €172,561 to €176,491
- Depreciation -€1,846
down €1,846 (-41.1%), from €4,490 to €2,645
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.
Cash bridge derived
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 | €497,540 | €611,306 | +€113,766 | +22.9% |
| Fixed assets | 21/28 | €2,715 | €3,766 | +€1,051 | +38.7% |
| Tangible fixed assets | 22/27 | €2,715 | €3,766 | +€1,051 | +38.7% |
| Plant, machinery and equipment | 23 | €72 | €3,437 | +€3,365 | +4698.3% |
| Furniture and vehicles | 24 | €2,643 | €330 | -€2,314 | -87.5% |
| Current assets | 29/58 | €494,825 | €607,540 | +€112,715 | +22.8% |
| Amounts receivable within one year | 40/41 | €12,810 | €7,498 | -€5,312 | -41.5% |
| Other amounts receivable | 41 | €12,810 | €7,498 | -€5,312 | -41.5% |
| Current investments | 50/53 | - | €340,000 | +€340,000 | |
| Cash at bank and in hand | 54/58 | €469,091 | €235,185 | -€233,906 | -49.9% |
| Deferred charges and accrued income | 490/1 | €12,924 | €24,857 | +€11,933 | +92.3% |
| Total equity and liabilities | 10/49 | €497,540 | €611,306 | +€113,766 | +22.9% |
| Equity | 10/15 | €370,076 | €370,076 | = | 0.0% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €366,576 | €366,576 | = | 0.0% |
| Distributable reserves | 133 | €366,576 | €366,576 | = | 0.0% |
| Amounts payable | 17/49 | €127,464 | €241,230 | +€113,766 | +89.3% |
| Amounts payable within one year | 42/48 | €125,510 | €238,408 | +€112,899 | +90.0% |
| Trade debts | 44 | €87 | €167 | +€80 | +92.2% |
| Suppliers | 440/4 | €87 | €167 | +€80 | +92.2% |
| Taxes, remuneration and social security | 45 | €838 | €1,210 | +€372 | +44.4% |
| Taxes | 450/3 | €838 | €1,210 | +€372 | +44.4% |
| Other amounts payable | 47/48 | €124,585 | €237,032 | +€112,447 | +90.3% |
| Accrued charges and deferred income | 492/3 | €1,955 | €2,822 | +€867 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,490 | €2,645 | -€1,846 | -41.1% |
| Other operating charges | 640/8 | €1,081 | €1,171 | +€90 | +8.3% |
| Gross operating margin | 9900 | €172,561 | €176,491 | +€3,930 | +2.3% |
| Operating profit (loss) | 9901 | €166,990 | €172,676 | +€5,686 | +3.4% |
| Financial income | 75/76B | €1,783 | €358 | -€1,425 | -79.9% |
| Recurring financial income | 75 | €1,783 | €358 | -€1,425 | -79.9% |
| Financial charges | 65/66B | €3,094 | €4,077 | +€982 | +31.7% |
| Recurring financial charges | 65 | €3,094 | €4,077 | +€982 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | €165,679 | €168,957 | +€3,279 | +2.0% |
| Income taxes | 67/77 | €37,372 | €37,917 | +€545 | +1.5% |
| Profit (loss) for the period | 9904 | €128,307 | €131,041 | +€2,734 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €128,307 | €131,041 | +€2,734 | +2.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.