SIMONS EMMANUEL: 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.
SIMONS EMMANUEL
Largest movements
- Tangible fixed assets -€20,912
down €20,912 (-39.6%), from €52,804 to €31,892
of which Furniture and vehicles: -€19,884
- Cash +€6,758
up €6,758 (+88.1%), from €7,671 to €14,429
mainly Depreciation (+€20,912) and Trade debts (+€397)
- Receivables within one year +€1,010
up €1,010 (+18.4%), from €5,500 to €6,510
- Debts after one year -€10,191
down €10,191 (-70.6%), from €14,437 to €4,246
- Profit (loss) carried forward -€3,377
down €3,377 (-21.5%), from €15,715 to €12,338
- Gross operating margin +€795
up €795 (+4.4%), from €18,122 to €18,917
- Depreciation -€564
down €564 (-2.6%), from €21,476 to €20,912
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 | €67,654 | €54,446 | -€13,208 | -19.5% |
| Fixed assets | 21/28 | €52,804 | €31,892 | -€20,912 | -39.6% |
| Tangible fixed assets | 22/27 | €52,804 | €31,892 | -€20,912 | -39.6% |
| Land and buildings | 22 | €1,395 | €1,236 | -€159 | -11.4% |
| Plant, machinery and equipment | 23 | €5,878 | €5,009 | -€869 | -14.8% |
| Furniture and vehicles | 24 | €45,531 | €25,647 | -€19,884 | -43.7% |
| Current assets | 29/58 | €14,850 | €22,554 | +€7,704 | +51.9% |
| Amounts receivable within one year | 40/41 | €5,500 | €6,510 | +€1,010 | +18.4% |
| Other amounts receivable | 41 | €5,500 | €6,510 | +€1,010 | +18.4% |
| Cash at bank and in hand | 54/58 | €7,671 | €14,429 | +€6,758 | +88.1% |
| Deferred charges and accrued income | 490/1 | €1,679 | €1,615 | -€64 | -3.8% |
| Total equity and liabilities | 10/49 | €67,654 | €54,446 | -€13,208 | -19.5% |
| Equity | 10/15 | €42,765 | €39,388 | -€3,377 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,850 | €20,850 | = | 0.0% |
| Distributable reserves | 133 | €20,850 | €20,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,715 | €12,338 | -€3,377 | -21.5% |
| Amounts payable | 17/49 | €24,889 | €15,058 | -€9,831 | -39.5% |
| Amounts payable after more than one year | 17 | €14,437 | €4,246 | -€10,191 | -70.6% |
| Financial debts | 170/4 | €14,437 | €4,246 | -€10,191 | -70.6% |
| Amounts payable within one year | 42/48 | €10,452 | €10,812 | +€360 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €10,191 | €10,191 | = | 0.0% |
| Trade debts | 44 | €224 | €621 | +€397 | +177.2% |
| Suppliers | 440/4 | €224 | €621 | +€397 | +177.2% |
| Other amounts payable | 47/48 | €37 | - | -€37 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,476 | €20,912 | -€564 | -2.6% |
| Other operating charges | 640/8 | €470 | €489 | +€19 | +4.0% |
| Gross operating margin | 9900 | €18,122 | €18,917 | +€795 | +4.4% |
| Operating profit (loss) | 9901 | -€3,824 | -€2,484 | +€1,340 | +35.0% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €297 | €220 | -€77 | -25.9% |
| Recurring financial charges | 65 | €297 | €220 | -€77 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,121 | -€2,703 | +€1,418 | +34.4% |
| Income taxes | 67/77 | €519 | €674 | +€155 | +29.9% |
| Profit (loss) for the period | 9904 | -€4,640 | -€3,377 | +€1,263 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,640 | -€3,377 | +€1,263 | +27.2% |
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 7 October 2026 via checked.be.