Simac PHI DATA: 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.
What changed
Simac PHI DATA
NACE 46.620, Wholesale of machine tools
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€285,278
2024 · -€375,390+€90,112
Equity
€331,902
2024 · €617,181-€285,278
Cash
€982,494
2024 · €294,347+€688,147
Balance sheet total
€4.5m
2024 · €4.7m-€226,918
Largest movements
Assets
- Cash +€688,147
up €688,147 (+233.8%), from €294,347 to €982,494
mainly Receivables within one year (+€632,276) and Stocks and contracts (+€207,157)
- Receivables within one year -€632,276
down €632,276 (-19.2%), from €3.3m to €2.7m
of which Trade receivables: -€586,504
- Stocks and contracts -€207,157
down €207,157 (-50.2%), from €412,553 to €205,396
- Deferred charges and accrued income -€99,955
down €99,955 (-39.6%), from €252,564 to €152,610
- Tangible fixed assets +€47,979
up €47,979 (+51.5%), from €93,183 to €141,163
of which Furniture and vehicles: +€29,611
Equity and liabilities
- Profit (loss) carried forward -€285,278
down €285,278, from €7,092 to -€278,186
- Advances received +€177,821
up €177,821 (+18.0%), from €986,931 to €1.2m
- Accrued charges and deferred income -€163,534
down €163,534 (-100.0%), from €163,534 to €0
- Tax, wage and social debts +€78,595
up €78,595 (+9.2%), from €855,075 to €933,670
of which Taxes: +€65,613
Income statement
- Write-downs -€522,463
down €522,463, from €40,500 to -€481,963
- Goods and materials +€496,276
up €496,276 (+5.8%), from €8.5m to €9.0m
of which Change in stocks: decrease (increase): +€591,495
- Turnover -€194,706
down €194,706 (-1.4%), from €13.9m to €13.7m
- Staff costs -€179,695
down €179,695 (-4.9%), from €3.7m to €3.5m
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
-€375,390
Turnover
-€194,706
Other operating income
-€55,219
Goods and materials
-€496,276
Services and other goods
+€52,655
Staff costs
+€179,695
Depreciation
-€11,620
Write-downs
+€522,463
Other operating charges
+€13,531
Other operating items
+€75,255
Financial income
-€5,579
Financial charges
-€8,930
Taxes
+€18,843
Result 2025
-€285,278
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.
From operations
+€850,285
Investment
-€162,138
Financing
€0
Cash 2024
€294,347
From operations (derived)
+€850,285
Net result for the year
-€285,278
Depreciation
+€137,815
Stocks and contracts
+€207,157
Receivables within one year
+€632,276
Deferred charges and accrued income
+€99,955
Trade debts
-€34,523
Tax, wage and social debts
+€78,595
Advances received
+€177,821
Accrued charges and deferred income
-€163,534
Investment (derived)
-€162,138
Investment in fixed assets (net)
-€162,138
Cash 2025
€982,494
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,727,703 | €4,500,785 | -€226,918 | -4.8% |
| Fixed assets | 21/28 | €375,381 | €399,704 | +€24,323 | +6.5% |
| Intangible fixed assets | 21 | €248,232 | €224,575 | -€23,657 | -9.5% |
| Tangible fixed assets | 22/27 | €93,183 | €141,163 | +€47,979 | +51.5% |
| Plant, machinery and equipment | 23 | €596 | €0 | -€596 | -100.0% |
| Furniture and vehicles | 24 | €48,848 | €78,458 | +€29,611 | +60.6% |
| Other tangible fixed assets | 26 | €43,740 | €62,705 | +€18,965 | +43.4% |
| Financial fixed assets | 28 | €33,966 | €33,966 | = | 0.0% |
| Other financial fixed assets | 284/8 | €33,966 | €33,966 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €33,966 | €33,966 | = | 0.0% |
| Current assets | 29/58 | €4,352,322 | €4,101,082 | -€251,241 | -5.8% |
| Stocks and contracts in progress | 3 | €412,553 | €205,396 | -€207,157 | -50.2% |
| Stocks | 30/36 | €412,553 | €205,396 | -€207,157 | -50.2% |
| Raw materials and consumables | 30/31 | €359,853 | €205,396 | -€154,457 | -42.9% |
| Advance payments | 36 | €52,700 | €0 | -€52,700 | -100.0% |
| Amounts receivable within one year | 40/41 | €3,291,506 | €2,659,230 | -€632,276 | -19.2% |
| Trade receivables | 40 | €3,234,781 | €2,648,276 | -€586,504 | -18.1% |
| Other amounts receivable | 41 | €56,725 | €10,954 | -€45,772 | -80.7% |
| Current investments | 50/53 | €101,352 | €101,352 | = | 0.0% |
| Other investments | 51/53 | €101,352 | €101,352 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €294,347 | €982,494 | +€688,147 | +233.8% |
| Deferred charges and accrued income | 490/1 | €252,564 | €152,610 | -€99,955 | -39.6% |
| Total equity and liabilities | 10/49 | €4,727,703 | €4,500,785 | -€226,918 | -4.8% |
| Equity | 10/15 | €617,181 | €331,902 | -€285,278 | -46.2% |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Capital | 10 | €136,341 | €136,341 | = | 0.0% |
| Issued capital | 100 | €136,341 | €136,341 | = | 0.0% |
| Reserves | 13 | €473,747 | €473,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,099 | €35,099 | = | 0.0% |
| Legal reserve | 130 | €13,949 | €13,949 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,150 | €21,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €438,648 | €438,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,092 | -€278,186 | -€285,278 | |
| Amounts payable | 17/49 | €4,110,522 | €4,168,883 | +€58,360 | +1.4% |
| Amounts payable within one year | 42/48 | €3,946,989 | €4,168,883 | +€221,894 | +5.6% |
| Trade debts | 44 | €2,104,983 | €2,070,461 | -€34,523 | -1.6% |
| Suppliers | 440/4 | €2,104,983 | €2,070,461 | -€34,523 | -1.6% |
| Advances received on contracts in progress | 46 | €986,931 | €1,164,752 | +€177,821 | +18.0% |
| Taxes, remuneration and social security | 45 | €855,075 | €933,670 | +€78,595 | +9.2% |
| Taxes | 450/3 | €343,724 | €409,337 | +€65,613 | +19.1% |
| Remuneration and social security | 454/9 | €511,351 | €524,333 | +€12,981 | +2.5% |
| Accrued charges and deferred income | 492/3 | €163,534 | €0 | -€163,534 | -100.0% |
| Operating income | 70/76A | €14,060,068 | €13,811,111 | -€248,957 | -1.8% |
| Turnover | 70 | €13,929,397 | €13,734,690 | -€194,706 | -1.4% |
| Other operating income | 74 | €122,290 | €67,071 | -€55,219 | -45.2% |
| Non-recurring operating income | 76A | €8,382 | €9,350 | +€968 | +11.6% |
| Operating charges | 60/66A | €14,268,280 | €13,933,544 | -€334,736 | -2.3% |
| Goods for resale, raw materials and consumables | 60 | €8,534,101 | €9,030,377 | +€496,276 | +5.8% |
| Purchases | 600/8 | €8,496,996 | €8,401,777 | -€95,218 | -1.1% |
| Change in stocks: decrease (increase) | 609 | €37,105 | €628,600 | +€591,495 | +1594.1% |
| Services and other goods | 61 | €1,644,732 | €1,592,077 | -€52,655 | -3.2% |
| Remuneration, social security and pensions | 62 | €3,652,627 | €3,472,932 | -€179,695 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,195 | €137,815 | +€11,620 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,500 | -€481,963 | -€522,463 | |
| Other operating charges | 640/8 | €127,874 | €114,343 | -€13,531 | -10.6% |
| Non-recurring operating charges | 66A | €142,251 | €67,964 | -€74,287 | -52.2% |
| Operating profit (loss) | 9901 | -€208,212 | -€122,433 | +€85,778 | +41.2% |
| Financial income | 75/76B | €7,741 | €2,162 | -€5,579 | -72.1% |
| Recurring financial income | 75 | €7,741 | €2,162 | -€5,579 | -72.1% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €7,741 | €2,162 | -€5,579 | -72.1% |
| Financial charges | 65/66B | €31,600 | €40,530 | +€8,930 | +28.3% |
| Recurring financial charges | 65 | €31,600 | €40,530 | +€8,930 | +28.3% |
| Debt charges | 650 | €18,248 | €26,912 | +€8,663 | +47.5% |
| Other financial charges | 652/9 | €13,352 | €13,618 | +€267 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€232,071 | -€160,801 | +€71,269 | +30.7% |
| Income taxes | 67/77 | €143,319 | €124,477 | -€18,843 | -13.1% |
| Taxes | 670/3 | €143,319 | €124,477 | -€18,843 | -13.1% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€375,390 | -€285,278 | +€90,112 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€375,390 | -€285,278 | +€90,112 | +24.0% |
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 6 October 2026 via checked.be.