SIMONS: 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.
SIMONS
Largest movements
- Cash -€112,252
down €112,252 (-53.0%), from €211,781 to €99,529
mainly Contributions, distributions and other (-€149,087) and Current investments (-€70,000)
- Tangible fixed assets -€80,104
down €80,104 (-18.3%), from €436,932 to €356,828
of which Land and buildings: -€51,538
- Current investments +€70,000
up €70,000 (+117%), from €60,000 to €130,000
- Receivables within one year -€27,758
down €27,758 (-60.2%), from €46,123 to €18,365
of which Other amounts receivable: -€27,758
- Reserves -€108,232
down €108,232 (-16.6%), from €653,883 to €545,651
of which Distributable reserves: -€99,650
- Debts after one year -€13,812
no longer reported in 2025 (was €13,812)
- Tax, wage and social debts -€11,224
down €11,224 (-89.8%), from €12,501 to €1,277
of which Taxes: -€8,307
- Short-term financial debts -€10,172
down €10,172 (-37.2%), from €27,348 to €17,176
- Gross operating margin -€40,129
down €40,129 (-21.0%), from €190,818 to €150,689
- Depreciation +€16,664
up €16,664 (+25.3%), from €65,804 to €82,468
- Taxes -€11,228
down €11,228 (-27.8%), from €40,419 to €29,191
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.
Derived cash bridge
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 | €757,504 | €607,475 | -€150,029 | -19.8% |
| Fixed assets | 21/28 | €436,932 | €356,828 | -€80,104 | -18.3% |
| Tangible fixed assets | 22/27 | €436,932 | €356,828 | -€80,104 | -18.3% |
| Land and buildings | 22 | €333,836 | €282,298 | -€51,538 | -15.4% |
| Furniture and vehicles | 24 | €103,096 | €74,530 | -€28,566 | -27.7% |
| Current assets | 29/58 | €320,572 | €250,647 | -€69,926 | -21.8% |
| Amounts receivable within one year | 40/41 | €46,123 | €18,365 | -€27,758 | -60.2% |
| Trade receivables | 40 | €843 | €843 | = | 0.0% |
| Other amounts receivable | 41 | €45,279 | €17,522 | -€27,758 | -61.3% |
| Current investments | 50/53 | €60,000 | €130,000 | +€70,000 | +117% |
| Cash at bank and in hand | 54/58 | €211,781 | €99,529 | -€112,252 | -53.0% |
| Deferred charges and accrued income | 490/1 | €2,669 | €2,753 | +€84 | +3.1% |
| Total equity and liabilities | 10/49 | €757,504 | €607,475 | -€150,029 | -19.8% |
| Equity | 10/15 | €673,883 | €565,651 | -€108,232 | -16.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €653,883 | €545,651 | -€108,232 | -16.6% |
| Tax-exempt reserves | 132 | €68,580 | €59,997 | -€8,582 | -12.5% |
| Distributable reserves | 133 | €585,304 | €485,653 | -€99,650 | -17.0% |
| Provisions and deferred taxes | 16 | €26,515 | €22,096 | -€4,419 | -16.7% |
| Deferred taxes | 168 | €26,515 | €22,096 | -€4,419 | -16.7% |
| Amounts payable | 17/49 | €57,106 | €19,728 | -€37,378 | -65.5% |
| Amounts payable after more than one year | 17 | €13,812 | - | -€13,812 | |
| Financial debts | 170/4 | €13,812 | - | -€13,812 | |
| Amounts payable within one year | 42/48 | €43,295 | €19,728 | -€23,566 | -54.4% |
| Financial debts | 43 | €27,348 | €17,176 | -€10,172 | -37.2% |
| Credit institutions | 430/8 | €27,348 | €17,176 | -€10,172 | -37.2% |
| Trade debts | 44 | €3,446 | €134 | -€3,312 | -96.1% |
| Suppliers | 440/4 | €3,446 | €134 | -€3,312 | -96.1% |
| Taxes, remuneration and social security | 45 | €12,501 | €1,277 | -€11,224 | -89.8% |
| Taxes | 450/3 | €9,448 | €1,141 | -€8,307 | -87.9% |
| Remuneration and social security | 454/9 | €3,052 | €136 | -€2,916 | -95.5% |
| Other amounts payable | 47/48 | - | €1,141 | +€1,141 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,804 | €82,468 | +€16,664 | +25.3% |
| Other operating charges | 640/8 | €4,850 | €5,511 | +€661 | +13.6% |
| Gross operating margin | 9900 | €190,818 | €150,689 | -€40,129 | -21.0% |
| Operating profit (loss) | 9901 | €120,164 | €62,710 | -€57,454 | -47.8% |
| Financial income | 75/76B | €5,384 | €3,679 | -€1,705 | -31.7% |
| Recurring financial income | 75 | €5,384 | €3,679 | -€1,705 | -31.7% |
| Financial charges | 65/66B | €1,025 | €763 | -€262 | -25.6% |
| Recurring financial charges | 65 | €1,025 | €763 | -€262 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €124,523 | €65,626 | -€58,897 | -47.3% |
| Transfer from deferred taxes | 780 | €4,419 | €4,419 | = | 0.0% |
| Income taxes | 67/77 | €40,419 | €29,191 | -€11,228 | -27.8% |
| Profit (loss) for the period | 9904 | €88,524 | €40,855 | -€47,669 | -53.8% |
| Transfer from tax-exempt reserves | 789 | €8,582 | €8,582 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,106 | €49,437 | -€47,669 | -49.1% |
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 19 October 2026 via checked.be.