SYMONS: 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.
What changed
SYMONS
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€191,446
2024 · €720,490-€911,936
Equity
€3.5m
2024 · €3.7m-€191,446
Cash
€75,560
2024 · €101,568-€26,008
Balance sheet total
€13.2m
2024 · €14.6m-€1.5m
Largest movements
Assets
- Tangible fixed assets -€1.2m
down €1.2m (-10.6%), from €10.9m to €9.7m
of which Land and buildings: -€1.1m
- Financial fixed assets -€149,544
down €149,544 (-99.9%), from €149,697 to €153
Equity and liabilities
- Other debts -€902,059
down €902,059 (-90.8%), from €993,775 to €91,716
- Debts after one year -€461,923
down €461,923 (-5.3%), from €8.8m to €8.3m
of which Financial debts: -€351,923
- Reserves -€191,446
down €191,446 (-8.4%), from €2.3m to €2.1m
of which Tax-exempt reserves: -€265,313
Income statement
- Gross operating margin -€1.0m
down €1.0m (-61.5%), from €1.7m to €649,297
- Financial charges +€72,904
up €72,904 (+21.4%), from €341,044 to €413,949
- Taxes +€57,195
up €57,195 (+429%), from €13,326 to €70,520
- Depreciation -€29,130
down €29,130 (-8.4%), from €346,880 to €317,750
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.
Result 2024
€720,490
Gross operating margin
-€1.0m
Depreciation
+€29,130
Other operating charges
+€5,453
Other operating items
-€91,427
Financial income
-€8,101
Financial charges
-€72,904
Taxes
-€57,195
Deferred taxes and other
+€321,900
Result 2025
-€191,446
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€613,494
Investment
+€982,130
Financing
-€394,644
Cash 2024
€101,568
From operations (derived)
-€613,494
Net result for the year
-€191,446
Depreciation
+€317,750
Stocks and contracts
-€48,921
Receivables within one year
+€60,014
Deferred charges and accrued income
+€122,638
Provisions
-€88,048
Trade debts
-€44,263
Tax, wage and social debts
+€45,275
Other debts
-€902,059
Accrued charges and deferred income
+€115,564
Investment (derived)
+€982,130
Investment in fixed assets (net)
+€982,132
Current investments
-€2
Financing
-€394,644
Debts after one year
-€461,923
Current portion of long-term debt
+€108,530
Short-term financial debts
-€41,250
Cash 2025
€75,560
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,632,657 | €13,173,038 | -€1.5m | -10.0% |
| Fixed assets | 21/28 | €11,047,125 | €9,747,243 | -€1.3m | -11.8% |
| Tangible fixed assets | 22/27 | €10,897,427 | €9,747,090 | -€1.2m | -10.6% |
| Land and buildings | 22 | €10,728,507 | €9,653,456 | -€1.1m | -10.0% |
| Plant, machinery and equipment | 23 | €60,739 | €60,739 | = | 0.0% |
| Furniture and vehicles | 24 | €108,181 | €32,895 | -€75,286 | -69.6% |
| Financial fixed assets | 28 | €149,697 | €153 | -€149,544 | -99.9% |
| Current assets | 29/58 | €3,585,533 | €3,425,794 | -€159,738 | -4.5% |
| Stocks and contracts in progress | 3 | €2,032,222 | €2,081,143 | +€48,921 | +2.4% |
| Stocks | 30/36 | €2,032,222 | €2,081,143 | +€48,921 | +2.4% |
| Amounts receivable within one year | 40/41 | €1,321,855 | €1,261,841 | -€60,014 | -4.5% |
| Trade receivables | 40 | €49,224 | €7,789 | -€41,434 | -84.2% |
| Other amounts receivable | 41 | €1,272,632 | €1,254,052 | -€18,580 | -1.5% |
| Current investments | 50/53 | €525 | €527 | +€2 | +0.3% |
| Cash at bank and in hand | 54/58 | €101,568 | €75,560 | -€26,008 | -25.6% |
| Deferred charges and accrued income | 490/1 | €129,363 | €6,725 | -€122,638 | -94.8% |
| Total equity and liabilities | 10/49 | €14,632,657 | €13,173,038 | -€1.5m | -10.0% |
| Equity | 10/15 | €3,736,087 | €3,544,641 | -€191,446 | -5.1% |
| Contributions | 10/11 | €1,449,813 | €1,449,813 | = | 0.0% |
| Reserves | 13 | €2,286,274 | €2,094,828 | -€191,446 | -8.4% |
| Tax-exempt reserves | 132 | €1,351,276 | €1,085,964 | -€265,313 | -19.6% |
| Distributable reserves | 133 | €934,997 | €1,008,864 | +€73,867 | +7.9% |
| Provisions and deferred taxes | 16 | €449,425 | €361,378 | -€88,048 | -19.6% |
| Deferred taxes | 168 | €449,425 | €361,378 | -€88,048 | -19.6% |
| Amounts payable | 17/49 | €10,447,145 | €9,267,019 | -€1.2m | -11.3% |
| Amounts payable after more than one year | 17 | €8,767,303 | €8,305,380 | -€461,923 | -5.3% |
| Financial debts | 170/4 | €5,957,303 | €5,605,380 | -€351,923 | -5.9% |
| Other amounts payable | 178/9 | €2,810,000 | €2,700,000 | -€110,000 | -3.9% |
| Amounts payable within one year | 42/48 | €1,570,332 | €736,565 | -€833,767 | -53.1% |
| Current portion of amounts payable after more than one year | 42 | €141,003 | €249,533 | +€108,530 | +77.0% |
| Financial debts | 43 | €268,750 | €227,500 | -€41,250 | -15.3% |
| Credit institutions | 430/8 | €268,750 | €227,500 | -€41,250 | -15.3% |
| Trade debts | 44 | €138,397 | €94,134 | -€44,263 | -32.0% |
| Suppliers | 440/4 | €138,397 | €94,134 | -€44,263 | -32.0% |
| Taxes, remuneration and social security | 45 | €28,407 | €73,682 | +€45,275 | +159% |
| Taxes | 450/3 | €26,924 | €72,082 | +€45,158 | +168% |
| Remuneration and social security | 454/9 | €1,483 | €1,600 | +€117 | +7.9% |
| Other amounts payable | 47/48 | €993,775 | €91,716 | -€902,059 | -90.8% |
| Accrued charges and deferred income | 492/3 | €109,510 | €225,075 | +€115,564 | +106% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €346,880 | €317,750 | -€29,130 | -8.4% |
| Other operating charges | 640/8 | €41,320 | €35,866 | -€5,453 | -13.2% |
| Non-recurring operating charges | 66A | - | €91,427 | +€91,427 | |
| Gross operating margin | 9900 | €1,688,088 | €649,297 | -€1.0m | -61.5% |
| Operating profit (loss) | 9901 | €1,299,889 | €204,253 | -€1.1m | -84.3% |
| Financial income | 75/76B | €8,824 | €722 | -€8,101 | -91.8% |
| Recurring financial income | 75 | €8,824 | €722 | -€8,101 | -91.8% |
| Financial charges | 65/66B | €341,044 | €413,949 | +€72,904 | +21.4% |
| Recurring financial charges | 65 | €341,044 | €413,949 | +€72,904 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €967,668 | -€208,973 | -€1.2m | |
| Transfer from deferred taxes | 780 | €7,421 | €179,876 | +€172,455 | +2,324% |
| Transfer to deferred taxes | 680 | €241,273 | €91,829 | -€149,444 | -61.9% |
| Income taxes | 67/77 | €13,326 | €70,520 | +€57,195 | +429% |
| Profit (loss) for the period | 9904 | €720,490 | -€191,446 | -€911,936 | |
| Transfer from tax-exempt reserves | 789 | €22,263 | €540,798 | +€518,536 | +2,329% |
| Transfer to tax-exempt reserves | 689 | €723,819 | €275,486 | -€448,333 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,935 | €73,867 | +€54,932 | +290% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.