SIMONS HUBERT: 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 HUBERT
Largest movements
- Cash +€883,547
up €883,547 (+2008.7%), from €43,986 to €927,533
mainly Net result for the year (+€480,459) and Receivables within one year (+€308,153)
- Receivables within one year -€308,153
down €308,153 (-55.4%), from €556,268 to €248,115
of which Trade receivables: -€308,260
- Stocks and contracts -€218,669
down €218,669 (-10.1%), from €2.2m to €1.9m
- Tangible fixed assets -€56,721
down €56,721 (-12.0%), from €471,172 to €414,451
of which Furniture and vehicles: -€47,662
- Other debts +€254,813
up €254,813 (+17.4%), from €1.5m to €1.7m
- Gross operating margin +€20,563
up €20,563 (+2.7%), from €772,028 to €792,591
- Depreciation -€9,622
down €9,622 (-30.8%), from €31,275 to €21,653
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 | €3,237,053 | €3,537,057 | +€300,003 | +9.3% |
| Fixed assets | 21/28 | €471,172 | €414,451 | -€56,721 | -12.0% |
| Tangible fixed assets | 22/27 | €471,172 | €414,451 | -€56,721 | -12.0% |
| Land and buildings | 22 | €417,925 | €409,381 | -€8,545 | -2.0% |
| Plant, machinery and equipment | 23 | €5,051 | €4,537 | -€514 | -10.2% |
| Furniture and vehicles | 24 | €48,196 | €534 | -€47,662 | -98.9% |
| Current assets | 29/58 | €2,765,881 | €3,122,605 | +€356,724 | +12.9% |
| Stocks and contracts in progress | 3 | €2,165,627 | €1,946,957 | -€218,669 | -10.1% |
| Stocks | 30/36 | €2,165,627 | €1,946,957 | -€218,669 | -10.1% |
| Amounts receivable within one year | 40/41 | €556,268 | €248,115 | -€308,153 | -55.4% |
| Trade receivables | 40 | €556,268 | €248,008 | -€308,260 | -55.4% |
| Other amounts receivable | 41 | - | €106 | +€106 | |
| Cash at bank and in hand | 54/58 | €43,986 | €927,533 | +€883,547 | +2008.7% |
| Total equity and liabilities | 10/49 | €3,237,053 | €3,537,057 | +€300,003 | +9.3% |
| Equity | 10/15 | €1,512,641 | €1,513,100 | +€459 | 0.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €425,000 | €425,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €415,000 | €415,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €987,641 | €988,100 | +€459 | 0.0% |
| Amounts payable | 17/49 | €1,724,413 | €2,023,957 | +€299,544 | +17.4% |
| Amounts payable within one year | 42/48 | €1,668,369 | €1,960,570 | +€292,201 | +17.5% |
| Trade debts | 44 | €2,857 | €5,048 | +€2,191 | +76.7% |
| Suppliers | 440/4 | €2,857 | €5,048 | +€2,191 | +76.7% |
| Taxes, remuneration and social security | 45 | €199,489 | €234,686 | +€35,197 | +17.6% |
| Taxes | 450/3 | €199,489 | €234,686 | +€35,197 | +17.6% |
| Other amounts payable | 47/48 | €1,466,023 | €1,720,836 | +€254,813 | +17.4% |
| Accrued charges and deferred income | 492/3 | €56,044 | €63,387 | +€7,343 | +13.1% |
| Non-recurring operating income | 76A | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,275 | €21,653 | -€9,622 | -30.8% |
| Other operating charges | 640/8 | €8,568 | €10,336 | +€1,768 | +20.6% |
| Non-recurring operating charges | 66A | - | €35,066 | +€35,066 | |
| Gross operating margin | 9900 | €772,028 | €792,591 | +€20,563 | +2.7% |
| Operating profit (loss) | 9901 | €732,184 | €725,536 | -€6,649 | -0.9% |
| Financial income | 75/76B | €90 | - | -€90 | |
| Recurring financial income | 75 | €90 | - | -€90 | |
| Financial charges | 65/66B | €56,263 | €63,544 | +€7,280 | +12.9% |
| Recurring financial charges | 65 | €56,263 | €63,544 | +€7,280 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €676,011 | €661,992 | -€14,019 | -2.1% |
| Income taxes | 67/77 | €186,600 | €181,533 | -€5,068 | -2.7% |
| Profit (loss) for the period | 9904 | €489,411 | €480,459 | -€8,952 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €489,411 | €480,459 | -€8,952 | -1.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.