Simon's Solutions: 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's Solutions
Largest movements
- Tangible fixed assets +€35,460
up €35,460 (+63.4%), from €55,930 to €91,390
of which Furniture and vehicles: +€25,951
- Cash +€17,792
up €17,792 (+3090.7%), from €576 to €18,368
mainly Net result for the year (+€36,346) and Debts after one year (+€34,015)
- Stocks and contracts +€10,146
new in 2025: €10,146
- Receivables within one year -€3,965
down €3,965 (-9.4%), from €42,337 to €38,372
of which Trade receivables: -€5,705
- Intangible fixed assets +€2,599
new in 2025: €2,599
- Debts after one year +€34,015
up €34,015 (+1087.7%), from €3,127 to €37,142
- Profit (loss) carried forward +€32,796
up €32,796 (+1206.8%), from €2,718 to €35,513
- Other debts -€10,136
down €10,136 (-35.3%), from €28,679 to €18,543
- Tax, wage and social debts -€6,946
down €6,946 (-99.2%), from €7,005 to €59
of which Taxes: -€5,029
- Current portion of long-term debt +€3,617
up €3,617 (+43.9%), from €8,237 to €11,855
- Gross operating margin +€56,912
up €56,912 (+183.5%), from €31,010 to €87,922
- Taxes +€13,184
up €13,184 (+7601.3%), from €173 to €13,357
- Financial charges +€7,222
up €7,222 (+282.6%), from €2,556 to €9,778
of which Non-recurring financial charges: +€5,443
- Write-downs +€5,448
new in 2025: €5,448
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 | €100,600 | €161,921 | +€61,321 | +61.0% |
| Fixed assets | 21/28 | €55,930 | €93,989 | +€38,059 | +68.0% |
| Intangible fixed assets | 21 | - | €2,599 | +€2,599 | |
| Tangible fixed assets | 22/27 | €55,930 | €91,390 | +€35,460 | +63.4% |
| Plant, machinery and equipment | 23 | €26,266 | €35,775 | +€9,508 | +36.2% |
| Furniture and vehicles | 24 | €29,664 | €55,615 | +€25,951 | +87.5% |
| Current assets | 29/58 | €44,670 | €67,931 | +€23,262 | +52.1% |
| Stocks and contracts in progress | 3 | - | €10,146 | +€10,146 | |
| Stocks | 30/36 | - | €10,146 | +€10,146 | |
| Amounts receivable within one year | 40/41 | €42,337 | €38,372 | -€3,965 | -9.4% |
| Trade receivables | 40 | €42,337 | €36,632 | -€5,705 | -13.5% |
| Other amounts receivable | 41 | - | €1,740 | +€1,740 | |
| Cash at bank and in hand | 54/58 | €576 | €18,368 | +€17,792 | +3090.7% |
| Deferred charges and accrued income | 490/1 | €1,757 | €1,046 | -€711 | -40.5% |
| Total equity and liabilities | 10/49 | €100,600 | €161,921 | +€61,321 | +61.0% |
| Equity | 10/15 | €35,730 | €71,244 | +€35,513 | +99.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €23,013 | €25,730 | +€2,718 | +11.8% |
| Distributable reserves | 133 | €23,013 | €25,730 | +€2,718 | +11.8% |
| Profit (loss) carried forward | 14 | €2,718 | €35,513 | +€32,796 | +1206.8% |
| Amounts payable | 17/49 | €64,870 | €90,677 | +€25,808 | +39.8% |
| Amounts payable after more than one year | 17 | €3,127 | €37,142 | +€34,015 | +1087.7% |
| Financial debts | 170/4 | €3,127 | €37,142 | +€34,015 | +1087.7% |
| Amounts payable within one year | 42/48 | €59,464 | €49,075 | -€10,390 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €8,237 | €11,855 | +€3,617 | +43.9% |
| Trade debts | 44 | €15,544 | €18,618 | +€3,074 | +19.8% |
| Suppliers | 440/4 | €15,544 | €18,618 | +€3,074 | +19.8% |
| Taxes, remuneration and social security | 45 | €7,005 | €59 | -€6,946 | -99.2% |
| Taxes | 450/3 | €5,088 | €59 | -€5,029 | -98.8% |
| Remuneration and social security | 454/9 | €1,917 | - | -€1,917 | |
| Other amounts payable | 47/48 | €28,679 | €18,543 | -€10,136 | -35.3% |
| Accrued charges and deferred income | 492/3 | €2,278 | €4,460 | +€2,182 | +95.8% |
| Non-recurring operating income | 76A | - | €531 | +€531 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,658 | €21,640 | -€19 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,448 | +€5,448 | |
| Other operating charges | 640/8 | €1,061 | €1,361 | +€300 | +28.3% |
| Non-recurring operating charges | 66A | €148 | - | -€148 | |
| Gross operating margin | 9900 | €31,010 | €87,922 | +€56,912 | +183.5% |
| Operating profit (loss) | 9901 | €8,143 | €59,474 | +€51,330 | +630.3% |
| Financial income | 75/76B | €1 | €8 | +€7 | +1092.3% |
| Recurring financial income | 75 | €1 | €8 | +€7 | +1092.3% |
| Financial charges | 65/66B | €2,556 | €9,778 | +€7,222 | +282.6% |
| Recurring financial charges | 65 | €2,556 | €4,335 | +€1,780 | +69.6% |
| Non-recurring financial charges | 66B | - | €5,443 | +€5,443 | |
| Profit (loss) for the period before taxes | 9903 | €5,588 | €49,703 | +€44,115 | +789.4% |
| Income taxes | 67/77 | €173 | €13,357 | +€13,184 | +7601.3% |
| Profit (loss) for the period | 9904 | €5,415 | €36,346 | +€30,931 | +571.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,415 | €36,346 | +€30,931 | +571.2% |
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 6 October 2026 via checked.be.