SIMONET ASSURANCES: 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.
SIMONET ASSURANCES
Largest movements
- Current investments +€15,060
up €15,060 (+174.0%), from €8,657 to €23,717
- Cash +€9,021
up €9,021 (+4.2%), from €214,341 to €223,362
mainly Net result for the year (+€45,394) and Deferred charges and accrued income (+€4,393)
- Deferred charges and accrued income -€4,393
down €4,393 (-47.7%), from €9,209 to €4,816
- Tangible fixed assets +€4,313
up €4,313 (+720.0%), from €599 to €4,912
of which Other tangible fixed assets: +€3,188
- Reserves +€20,300
up €20,300 (+111.5%), from €18,205 to €38,505
of which Distributable reserves: +€20,300
- Gross operating margin -€3,524
down €3,524 (-4.9%), from €72,056 to €68,532
- Financial charges -€922
down €922 (-16.8%), from €5,489 to €4,567
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 | €232,992 | €256,993 | +€24,001 | +10.3% |
| Fixed assets | 21/28 | €785 | €5,098 | +€4,313 | +549.4% |
| Tangible fixed assets | 22/27 | €599 | €4,912 | +€4,313 | +720.0% |
| Furniture and vehicles | 24 | €599 | €1,724 | +€1,125 | +187.8% |
| Other tangible fixed assets | 26 | - | €3,188 | +€3,188 | |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €232,207 | €251,895 | +€19,688 | +8.5% |
| Current investments | 50/53 | €8,657 | €23,717 | +€15,060 | +174.0% |
| Cash at bank and in hand | 54/58 | €214,341 | €223,362 | +€9,021 | +4.2% |
| Deferred charges and accrued income | 490/1 | €9,209 | €4,816 | -€4,393 | -47.7% |
| Total equity and liabilities | 10/49 | €232,992 | €256,993 | +€24,001 | +10.3% |
| Equity | 10/15 | €186,421 | €206,815 | +€20,394 | +10.9% |
| Contributions | 10/11 | €25,750 | €25,750 | = | 0.0% |
| Reserves | 13 | €18,205 | €38,505 | +€20,300 | +111.5% |
| Tax-exempt reserves | 132 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €10,205 | €30,505 | +€20,300 | +198.9% |
| Profit (loss) carried forward | 14 | €142,466 | €142,560 | +€94 | +0.1% |
| Amounts payable | 17/49 | €46,571 | €50,178 | +€3,607 | +7.7% |
| Amounts payable within one year | 42/48 | €46,274 | €50,178 | +€3,904 | +8.4% |
| Trade debts | 44 | €5,211 | €7,444 | +€2,233 | +42.9% |
| Suppliers | 440/4 | €5,211 | €7,444 | +€2,233 | +42.9% |
| Taxes, remuneration and social security | 45 | €16,054 | €17,235 | +€1,181 | +7.4% |
| Taxes | 450/3 | €16,054 | €17,235 | +€1,181 | +7.4% |
| Other amounts payable | 47/48 | €25,009 | €25,499 | +€490 | +2.0% |
| Accrued charges and deferred income | 492/3 | €297 | - | -€297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €717 | €1,163 | +€446 | +62.2% |
| Other operating charges | 640/8 | €1,488 | €2,016 | +€528 | +35.5% |
| Gross operating margin | 9900 | €72,056 | €68,532 | -€3,524 | -4.9% |
| Operating profit (loss) | 9901 | €69,851 | €65,353 | -€4,498 | -6.4% |
| Financial income | 75/76B | €1,511 | €1,109 | -€402 | -26.6% |
| Recurring financial income | 75 | €1,511 | €1,109 | -€402 | -26.6% |
| Financial charges | 65/66B | €5,489 | €4,567 | -€922 | -16.8% |
| Recurring financial charges | 65 | €5,489 | €4,567 | -€922 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | €65,873 | €61,895 | -€3,978 | -6.0% |
| Income taxes | 67/77 | €16,421 | €16,501 | +€80 | +0.5% |
| Profit (loss) for the period | 9904 | €49,452 | €45,394 | -€4,058 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,452 | €45,394 | -€4,058 | -8.2% |
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.