SIMONS ROGER: 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 ROGER
Largest movements
- Cash -€779,325
down €779,325 (-52.2%), from €1.5m to €712,359
mainly Current investments (-€748,279) and Contributions, distributions and other (-€150,000)
- Current investments +€748,279
new in 2026: €748,279
- Tangible fixed assets -€101,181
down €101,181 (-21.6%), from €468,328 to €367,147
of which Plant, machinery and equipment: -€71,863
- Receivables within one year +€41,867
up €41,867 (+12.7%), from €329,874 to €371,741
of which Trade receivables: +€69,260
- Trade debts -€63,909
down €63,909 (-62.9%), from €101,571 to €37,662
- Other debts -€30,000
down €30,000 (-16.7%), from €180,000 to €150,000
- Gross operating margin -€289,292
down €289,292 (-28.9%), from €999,991 to €710,699
- Taxes -€53,965
down €53,965 (-84.4%), from €63,973 to €10,009
- Staff costs -€39,107
down €39,107 (-8.9%), from €439,209 to €400,103
- Depreciation +€30,417
up €30,417 (+38.4%), from €79,295 to €109,712
- Write-downs -€22,998
down €22,998, from €11,525 to -€11,473
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,323,293 | €2,245,738 | -€77,556 | -3.3% |
| Fixed assets | 21/28 | €468,328 | €367,147 | -€101,181 | -21.6% |
| Tangible fixed assets | 22/27 | €468,328 | €367,147 | -€101,181 | -21.6% |
| Land and buildings | 22 | €67,652 | €66,586 | -€1,067 | -1.6% |
| Plant, machinery and equipment | 23 | €347,506 | €275,643 | -€71,863 | -20.7% |
| Furniture and vehicles | 24 | €53,170 | €24,918 | -€28,252 | -53.1% |
| Current assets | 29/58 | €1,854,966 | €1,878,591 | +€23,625 | +1.3% |
| Stocks and contracts in progress | 3 | €27,081 | €38,702 | +€11,621 | +42.9% |
| Stocks | 30/36 | €16,720 | €18,511 | +€1,790 | +10.7% |
| Contracts in progress | 37 | €10,361 | €20,191 | +€9,830 | +94.9% |
| Amounts receivable within one year | 40/41 | €329,874 | €371,741 | +€41,867 | +12.7% |
| Trade receivables | 40 | €229,118 | €298,378 | +€69,260 | +30.2% |
| Other amounts receivable | 41 | €100,756 | €73,363 | -€27,393 | -27.2% |
| Current investments | 50/53 | - | €748,279 | +€748,279 | |
| Cash at bank and in hand | 54/58 | €1,491,684 | €712,359 | -€779,325 | -52.2% |
| Deferred charges and accrued income | 490/1 | €6,327 | €7,510 | +€1,183 | +18.7% |
| Total equity and liabilities | 10/49 | €2,323,293 | €2,245,738 | -€77,556 | -3.3% |
| Equity | 10/15 | €2,010,990 | €2,031,688 | +€20,698 | +1.0% |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Reserves | 13 | €551,768 | €551,768 | = | 0.0% |
| Distributable reserves | 133 | €551,768 | €551,768 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,322,881 | €1,343,579 | +€20,698 | +1.6% |
| Amounts payable | 17/49 | €312,303 | €214,050 | -€98,253 | -31.5% |
| Amounts payable within one year | 42/48 | €312,303 | €214,050 | -€98,253 | -31.5% |
| Trade debts | 44 | €101,571 | €37,662 | -€63,909 | -62.9% |
| Suppliers | 440/4 | €101,571 | €37,662 | -€63,909 | -62.9% |
| Taxes, remuneration and social security | 45 | €30,732 | €26,388 | -€4,344 | -14.1% |
| Remuneration and social security | 454/9 | €30,732 | €26,388 | -€4,344 | -14.1% |
| Other amounts payable | 47/48 | €180,000 | €150,000 | -€30,000 | -16.7% |
| Remuneration, social security and pensions | 62 | €439,209 | €400,103 | -€39,107 | -8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,295 | €109,712 | +€30,417 | +38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,525 | -€11,473 | -€22,998 | |
| Other operating charges | 640/8 | €20,245 | €30,987 | +€10,743 | +53.1% |
| Gross operating margin | 9900 | €999,991 | €710,699 | -€289,292 | -28.9% |
| Operating profit (loss) | 9901 | €449,717 | €181,370 | -€268,347 | -59.7% |
| Financial income | 75/76B | €157 | €210 | +€53 | +33.7% |
| Recurring financial income | 75 | €157 | €210 | +€53 | +33.7% |
| Financial charges | 65/66B | €731 | €874 | +€143 | +19.6% |
| Recurring financial charges | 65 | €731 | €874 | +€143 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €449,144 | €180,706 | -€268,437 | -59.8% |
| Income taxes | 67/77 | €63,973 | €10,009 | -€53,965 | -84.4% |
| Profit (loss) for the period | 9904 | €385,170 | €170,698 | -€214,472 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €385,170 | €170,698 | -€214,472 | -55.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.