SIMON & PARTNERS: 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 & PARTNERS
Largest movements
- Receivables within one year -€156,248
down €156,248 (-45.2%), from €346,045 to €189,797
of which Trade receivables: -€167,267
- Intangible fixed assets -€97,000
down €97,000 (-15.8%), from €613,625 to €516,625
- Debts after one year -€196,658
down €196,658 (-36.3%), from €542,366 to €345,708
of which Financial debts: -€101,658
- Trade debts -€98,255
down €98,255 (-85.8%), from €114,458 to €16,203
of which Suppliers: -€67,309
- Profit (loss) carried forward +€26,972
up €26,972, from -€26,835 to €137
- Other debts -€20,984
down €20,984 (-48.2%), from €43,508 to €22,524
- Tax, wage and social debts +€20,539
up €20,539 (+69.6%), from €29,522 to €50,061
- Gross operating margin +€27,308
up €27,308 (+23.5%), from €116,039 to €143,347
- Taxes +€2,500
new in 2024: €2,500
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 | €1,008,879 | €748,636 | -€260,243 | -25.8% |
| Fixed assets | 21/28 | €613,625 | €516,625 | -€97,000 | -15.8% |
| Intangible fixed assets | 21 | €613,625 | €516,625 | -€97,000 | -15.8% |
| Current assets | 29/58 | €395,255 | €232,012 | -€163,243 | -41.3% |
| Amounts receivable within one year | 40/41 | €346,045 | €189,797 | -€156,248 | -45.2% |
| Trade receivables | 40 | €343,140 | €175,872 | -€167,267 | -48.7% |
| Other amounts receivable | 41 | €2,906 | €13,925 | +€11,019 | +379.2% |
| Cash at bank and in hand | 54/58 | €46,444 | €39,542 | -€6,902 | -14.9% |
| Deferred charges and accrued income | 490/1 | €2,765 | €2,673 | -€93 | -3.3% |
| Total equity and liabilities | 10/49 | €1,008,879 | €748,636 | -€260,243 | -25.8% |
| Equity | 10/15 | €63,165 | €90,137 | +€26,972 | +42.7% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,835 | €137 | +€26,972 | |
| Amounts payable | 17/49 | €945,714 | €658,500 | -€287,214 | -30.4% |
| Amounts payable after more than one year | 17 | €542,366 | €345,708 | -€196,658 | -36.3% |
| Financial debts | 170/4 | €247,366 | €145,708 | -€101,658 | -41.1% |
| Other amounts payable | 178/9 | €295,000 | €200,000 | -€95,000 | -32.2% |
| Amounts payable within one year | 42/48 | €388,081 | €290,447 | -€97,635 | -25.2% |
| Current portion of amounts payable after more than one year | 42 | €100,594 | €101,658 | +€1,064 | +1.1% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €114,458 | €16,203 | -€98,255 | -85.8% |
| Suppliers | 440/4 | €83,512 | €16,203 | -€67,309 | -80.6% |
| Bills of exchange payable | 441 | €30,946 | - | -€30,946 | |
| Taxes, remuneration and social security | 45 | €29,522 | €50,061 | +€20,539 | +69.6% |
| Taxes | 450/3 | €29,522 | €50,061 | +€20,539 | +69.6% |
| Other amounts payable | 47/48 | €43,508 | €22,524 | -€20,984 | -48.2% |
| Accrued charges and deferred income | 492/3 | €15,266 | €22,345 | +€7,078 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,000 | €97,000 | = | 0.0% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | €116,039 | €143,347 | +€27,308 | +23.5% |
| Operating profit (loss) | 9901 | €18,079 | €45,380 | +€27,300 | +151.0% |
| Financial income | 75/76B | €367 | €640 | +€273 | +74.4% |
| Recurring financial income | 75 | €367 | €640 | +€273 | +74.4% |
| Financial charges | 65/66B | €16,259 | €16,548 | +€289 | +1.8% |
| Recurring financial charges | 65 | €16,259 | €16,548 | +€289 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €2,187 | €29,472 | +€27,285 | +1247.6% |
| Income taxes | 67/77 | - | €2,500 | +€2,500 | |
| Profit (loss) for the period | 9904 | €2,187 | €26,972 | +€24,785 | +1133.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,187 | €26,972 | +€24,785 | +1133.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.