Simon K: 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 K
Largest movements
- Financial fixed assets +€170,642
up €170,642 (+130.8%), from €130,485 to €301,127
- Cash -€105,273
down €105,273 (-50.5%), from €208,401 to €103,128
mainly Investment in fixed assets (net) (-€170,642) and Receivables within one year (-€33,327)
- Receivables within one year +€33,327
up €33,327 (+173.9%), from €19,159 to €52,487
of which Trade receivables: +€33,268
- Profit (loss) carried forward +€95,085
up €95,085 (+27.6%), from €344,322 to €439,406
- Gross operating margin -€24,150
down €24,150 (-16.5%), from €146,417 to €122,267
- Purchases and services +€11,689
new in 2024: €11,689
- Taxes -€3,845
down €3,845 (-12.2%), from €31,568 to €27,723
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €358,506 | €456,946 | +€98,441 | +27.5% |
| Fixed assets | 21/28 | €130,658 | €301,127 | +€170,469 | +130.5% |
| Tangible fixed assets | 22/27 | €172 | €0 | -€172 | -100.0% |
| Furniture and vehicles | 24 | €172 | €0 | -€172 | -100.0% |
| Financial fixed assets | 28 | €130,485 | €301,127 | +€170,642 | +130.8% |
| Current assets | 29/58 | €227,848 | €155,820 | -€72,028 | -31.6% |
| Amounts receivable within one year | 40/41 | €19,159 | €52,487 | +€33,327 | +173.9% |
| Trade receivables | 40 | €15,468 | €48,735 | +€33,268 | +215.1% |
| Other amounts receivable | 41 | €3,692 | €3,751 | +€59 | +1.6% |
| Cash at bank and in hand | 54/58 | €208,401 | €103,128 | -€105,273 | -50.5% |
| Deferred charges and accrued income | 490/1 | €288 | €205 | -€83 | -28.8% |
| Total equity and liabilities | 10/49 | €358,506 | €456,946 | +€98,441 | +27.5% |
| Equity | 10/15 | €349,322 | €444,406 | +€95,085 | +27.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €344,322 | €439,406 | +€95,085 | +27.6% |
| Amounts payable | 17/49 | €9,184 | €12,540 | +€3,356 | +36.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,184 | €12,540 | +€3,356 | +36.5% |
| Trade debts | 44 | €0 | €633 | +€633 | |
| Suppliers | 440/4 | €0 | €633 | +€633 | |
| Taxes, remuneration and social security | 45 | €8,939 | €11,662 | +€2,723 | +30.5% |
| Taxes | 450/3 | €8,939 | €11,662 | +€2,723 | +30.5% |
| Other amounts payable | 47/48 | €245 | €245 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €11,689 | +€11,689 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €500 | €172 | -€327 | -65.5% |
| Other operating charges | 640/8 | €384 | €451 | +€67 | +17.3% |
| Gross operating margin | 9900 | €146,417 | €122,267 | -€24,150 | -16.5% |
| Operating profit (loss) | 9901 | €145,533 | €121,644 | -€23,889 | -16.4% |
| Financial income | 75/76B | €1,767 | €1,708 | -€59 | -3.3% |
| Recurring financial income | 75 | €1,767 | €1,708 | -€59 | -3.3% |
| Financial charges | 65/66B | €24 | €545 | +€520 | +2150.0% |
| Recurring financial charges | 65 | €24 | €545 | +€520 | +2150.0% |
| Profit (loss) for the period before taxes | 9903 | €147,275 | €122,807 | -€24,468 | -16.6% |
| Income taxes | 67/77 | €31,568 | €27,723 | -€3,845 | -12.2% |
| Profit (loss) for the period | 9904 | €115,707 | €95,085 | -€20,623 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €115,707 | €95,085 | -€20,623 | -17.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.