SIMON GOLD: 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 GOLD
Largest movements
- Receivables within one year +€2.7m
up €2.7m (+1916.2%), from €139,291 to €2.8m
of which Trade receivables: +€2.7m
- Cash +€1.2m
up €1.2m (+15481.7%), from €7,736 to €1.2m
mainly Trade debts (+€3.5m) and Debts after one year (+€568,980)
- Tangible fixed assets +€632,080
up €632,080 (+60.6%), from €1.0m to €1.7m
of which Land and buildings: +€556,455
- Stocks and contracts +€211,445
up €211,445 (+29.2%), from €723,055 to €934,500
- Trade debts +€3.5m
up €3.5m (+11779.0%), from €30,066 to €3.6m
- Debts after one year +€568,980
up €568,980 (+91.0%), from €625,451 to €1.2m
of which Financial debts: +€609,980
- Reserves +€507,189
up €507,189 (+71.0%), from €714,790 to €1.2m
of which Distributable reserves: +€359,839
- Current portion of long-term debt +€103,112
up €103,112 (+107.6%), from €95,809 to €198,921
- Gross operating margin +€671,298
up €671,298 (+141.6%), from €474,055 to €1.1m
- Taxes +€145,530
up €145,530 (+268.4%), from €54,214 to €199,743
- Other operating charges +€74,278
up €74,278 (+602.3%), from €12,333 to €86,611
- Staff costs +€64,632
up €64,632 (+46.3%), from €139,509 to €204,140
- Depreciation +€22,698
up €22,698 (+35.7%), from €63,575 to €86,273
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 | €1,912,899 | €6,639,946 | +€4.7m | +247.1% |
| Fixed assets | 21/28 | €1,042,520 | €1,674,599 | +€632,080 | +60.6% |
| Tangible fixed assets | 22/27 | €1,042,460 | €1,674,539 | +€632,080 | +60.6% |
| Land and buildings | 22 | €944,113 | €1,500,568 | +€556,455 | +58.9% |
| Plant, machinery and equipment | 23 | €34,474 | €89,183 | +€54,709 | +158.7% |
| Furniture and vehicles | 24 | €50,807 | €63,436 | +€12,629 | +24.9% |
| Other tangible fixed assets | 26 | €13,065 | €21,352 | +€8,287 | +63.4% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €870,379 | €4,965,347 | +€4.1m | +470.5% |
| Stocks and contracts in progress | 3 | €723,055 | €934,500 | +€211,445 | +29.2% |
| Stocks | 30/36 | €723,055 | €934,500 | +€211,445 | +29.2% |
| Amounts receivable within one year | 40/41 | €139,291 | €2,808,357 | +€2.7m | +1916.2% |
| Trade receivables | 40 | €34,490 | €2,694,729 | +€2.7m | +7713.0% |
| Other amounts receivable | 41 | €104,801 | €113,628 | +€8,827 | +8.4% |
| Cash at bank and in hand | 54/58 | €7,736 | €1,205,332 | +€1.2m | +15481.7% |
| Deferred charges and accrued income | 490/1 | €298 | €17,158 | +€16,860 | +5663.4% |
| Total equity and liabilities | 10/49 | €1,912,899 | €6,639,946 | +€4.7m | +247.1% |
| Equity | 10/15 | €822,790 | €1,329,979 | +€507,189 | +61.6% |
| Contributions | 10/11 | €108,000 | €108,000 | = | 0.0% |
| Reserves | 13 | €714,790 | €1,221,979 | +€507,189 | +71.0% |
| Non-distributable reserves | 130/1 | €10,800 | €10,800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,800 | €10,800 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €147,350 | +€147,350 | |
| Distributable reserves | 133 | €703,990 | €1,063,829 | +€359,839 | +51.1% |
| Amounts payable | 17/49 | €1,090,109 | €5,309,967 | +€4.2m | +387.1% |
| Amounts payable after more than one year | 17 | €625,451 | €1,194,432 | +€568,980 | +91.0% |
| Financial debts | 170/4 | €538,451 | €1,148,432 | +€609,980 | +113.3% |
| Other amounts payable | 178/9 | €87,000 | €46,000 | -€41,000 | -47.1% |
| Amounts payable within one year | 42/48 | €464,658 | €4,115,535 | +€3.7m | +785.7% |
| Current portion of amounts payable after more than one year | 42 | €95,809 | €198,921 | +€103,112 | +107.6% |
| Financial debts | 43 | €171,742 | €150,000 | -€21,742 | -12.7% |
| Credit institutions | 430/8 | €171,742 | €150,000 | -€21,742 | -12.7% |
| Trade debts | 44 | €30,066 | €3,571,571 | +€3.5m | +11779.0% |
| Suppliers | 440/4 | €30,066 | €3,571,571 | +€3.5m | +11779.0% |
| Taxes, remuneration and social security | 45 | €139,029 | €165,337 | +€26,308 | +18.9% |
| Taxes | 450/3 | €107,917 | €139,386 | +€31,470 | +29.2% |
| Remuneration and social security | 454/9 | €31,112 | €25,951 | -€5,161 | -16.6% |
| Other amounts payable | 47/48 | €28,011 | €29,705 | +€1,694 | +6.0% |
| Remuneration, social security and pensions | 62 | €139,509 | €204,140 | +€64,632 | +46.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,575 | €86,273 | +€22,698 | +35.7% |
| Other operating charges | 640/8 | €12,333 | €86,611 | +€74,278 | +602.3% |
| Gross operating margin | 9900 | €474,055 | €1,145,354 | +€671,298 | +141.6% |
| Operating profit (loss) | 9901 | €258,639 | €768,329 | +€509,690 | +197.1% |
| Financial income | 75/76B | €291 | €287 | -€4 | -1.4% |
| Recurring financial income | 75 | €291 | €287 | -€4 | -1.4% |
| Financial charges | 65/66B | €40,621 | €61,683 | +€21,062 | +51.9% |
| Recurring financial charges | 65 | €40,621 | €61,683 | +€21,062 | +51.9% |
| Profit (loss) for the period before taxes | 9903 | €218,309 | €706,933 | +€488,624 | +223.8% |
| Income taxes | 67/77 | €54,214 | €199,743 | +€145,530 | +268.4% |
| Profit (loss) for the period | 9904 | €164,095 | €507,189 | +€343,094 | +209.1% |
| Transfer to tax-exempt reserves | 689 | - | €147,350 | +€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €164,095 | €359,839 | +€195,744 | +119.3% |
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 10 October 2026 via checked.be.