Simon Maréchal Electricité: 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 Maréchal Electricité
Largest movements
- Cash +€65,956
up €65,956 (+46.1%), from €142,924 to €208,880
mainly Net result for the year (+€70,214) and Stocks and contracts (+€32,582)
- Receivables within one year +€45,896
up €45,896 (+144.3%), from €31,814 to €77,710
of which Trade receivables: +€41,265
- Stocks and contracts -€32,582
down €32,582 (-22.7%), from €143,425 to €110,843
- Tangible fixed assets -€19,525
down €19,525 (-39.5%), from €49,387 to €29,862
of which Furniture and vehicles: -€12,002
- Reserves +€50,214
up €50,214 (+12.4%), from €404,251 to €454,465
- Trade debts +€16,876
up €16,876 (+229.8%), from €7,343 to €24,219
- Debts after one year -€11,232
down €11,232 (-86.4%), from €12,995 to €1,762
- Gross operating margin -€60,199
down €60,199 (-19.2%), from €312,992 to €252,793
- Purchases and services +€30,212
up €30,212 (+6.5%), from €463,407 to €493,619
- Staff costs -€18,965
down €18,965 (-11.8%), from €160,171 to €141,206
- Depreciation -€10,083
down €10,083 (-28.7%), from €35,154 to €25,071
- Taxes -€9,419
down €9,419 (-35.0%), from €26,922 to €17,503
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 | €473,000 | €532,440 | +€59,440 | +12.6% |
| Fixed assets | 21/28 | €150,387 | €130,897 | -€19,490 | -13.0% |
| Tangible fixed assets | 22/27 | €49,387 | €29,862 | -€19,525 | -39.5% |
| Land and buildings | 22 | €0 | €0 | = | 0.0% |
| Plant, machinery and equipment | 23 | €20,603 | €13,080 | -€7,522 | -36.5% |
| Furniture and vehicles | 24 | €28,784 | €16,782 | -€12,002 | -41.7% |
| Financial fixed assets | 28 | €101,000 | €101,035 | +€35 | 0.0% |
| Current assets | 29/58 | €322,613 | €401,544 | +€78,930 | +24.5% |
| Stocks and contracts in progress | 3 | €143,425 | €110,843 | -€32,582 | -22.7% |
| Stocks | 30/36 | €143,425 | €110,843 | -€32,582 | -22.7% |
| Amounts receivable within one year | 40/41 | €31,814 | €77,710 | +€45,896 | +144.3% |
| Trade receivables | 40 | €9,336 | €50,601 | +€41,265 | +442.0% |
| Other amounts receivable | 41 | €22,478 | €27,109 | +€4,631 | +20.6% |
| Cash at bank and in hand | 54/58 | €142,924 | €208,880 | +€65,956 | +46.1% |
| Deferred charges and accrued income | 490/1 | €4,450 | €4,110 | -€340 | -7.6% |
| Total equity and liabilities | 10/49 | €473,000 | €532,440 | +€59,440 | +12.6% |
| Equity | 10/15 | €429,151 | €479,365 | +€50,214 | +11.7% |
| Contributions | 10/11 | €24,900 | €24,900 | = | 0.0% |
| Capital | 10 | €24,900 | €24,900 | = | 0.0% |
| Issued capital | 100 | €24,900 | €24,900 | = | 0.0% |
| Reserves | 13 | €404,251 | €454,465 | +€50,214 | +12.4% |
| Distributable reserves | 133 | €404,251 | €454,465 | +€50,214 | +12.4% |
| Amounts payable | 17/49 | €43,849 | €53,075 | +€9,226 | +21.0% |
| Amounts payable after more than one year | 17 | €12,995 | €1,762 | -€11,232 | -86.4% |
| Financial debts | 170/4 | €12,995 | €1,762 | -€11,232 | -86.4% |
| Amounts payable within one year | 42/48 | €30,855 | €51,313 | +€20,458 | +66.3% |
| Current portion of amounts payable after more than one year | 42 | €11,724 | €11,232 | -€491 | -4.2% |
| Trade debts | 44 | €7,343 | €24,219 | +€16,876 | +229.8% |
| Suppliers | 440/4 | €7,343 | €24,219 | +€16,876 | +229.8% |
| Taxes, remuneration and social security | 45 | €11,345 | €13,751 | +€2,406 | +21.2% |
| Taxes | 450/3 | - | €13,751 | +€13,751 | |
| Remuneration and social security | 454/9 | €11,345 | - | -€11,345 | |
| Other amounts payable | 47/48 | €443 | €2,110 | +€1,667 | +376.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €463,407 | €493,619 | +€30,212 | +6.5% |
| Remuneration, social security and pensions | 62 | €160,171 | €141,206 | -€18,965 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,154 | €25,071 | -€10,083 | -28.7% |
| Other operating charges | 640/8 | €3,132 | €1,388 | -€1,743 | -55.7% |
| Gross operating margin | 9900 | €312,992 | €252,793 | -€60,199 | -19.2% |
| Operating profit (loss) | 9901 | €114,535 | €85,127 | -€29,408 | -25.7% |
| Financial income | 75/76B | €13,267 | €4,179 | -€9,088 | -68.5% |
| Recurring financial income | 75 | €5,622 | €4,179 | -€1,443 | -25.7% |
| Non-recurring financial income | 76B | €7,645 | - | -€7,645 | |
| Financial charges | 65/66B | €2,310 | €1,589 | -€721 | -31.2% |
| Recurring financial charges | 65 | €2,310 | €1,589 | -€721 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €125,492 | €87,718 | -€37,775 | -30.1% |
| Income taxes | 67/77 | €26,922 | €17,503 | -€9,419 | -35.0% |
| Profit (loss) for the period | 9904 | €98,570 | €70,214 | -€28,356 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €98,570 | €70,214 | -€28,356 | -28.8% |
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 9 October 2026 via checked.be.