SIMAC Solutions: 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.
SIMAC Solutions
Largest movements
- Cash -€201,597
down €201,597 (-66.5%), from €303,066 to €101,469
mainly Other debts (-€154,680) and Contributions, distributions and other (-€147,336)
- Tangible fixed assets +€26,261
up €26,261 (+3.9%), from €681,135 to €707,397
of which Land and buildings: +€33,857
- Receivables within one year -€19,080
down €19,080 (-44.6%), from €42,753 to €23,673
of which Trade receivables: -€19,080
- Other debts -€154,680
down €154,680 (-75.2%), from €205,599 to €50,920
- Debts after one year -€69,766
down €69,766 (-37.2%), from €187,503 to €117,737
- Tax, wage and social debts +€23,477
up €23,477 (+43.5%), from €53,990 to €77,467
- Taxes -€17,849
down €17,849 (-25.4%), from €70,133 to €52,284
- Gross operating margin -€14,263
down €14,263 (-4.6%), from €306,804 to €292,541
- Depreciation +€4,037
up €4,037 (+4.9%), from €82,405 to €86,442
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,031,950 | €837,534 | -€194,416 | -18.8% |
| Fixed assets | 21/28 | €681,135 | €707,397 | +€26,261 | +3.9% |
| Tangible fixed assets | 22/27 | €681,135 | €707,397 | +€26,261 | +3.9% |
| Land and buildings | 22 | €612,711 | €646,568 | +€33,857 | +5.5% |
| Plant, machinery and equipment | 23 | €5,332 | - | -€5,332 | |
| Furniture and vehicles | 24 | €63,092 | €60,828 | -€2,264 | -3.6% |
| Current assets | 29/58 | €350,814 | €130,137 | -€220,677 | -62.9% |
| Amounts receivable within one year | 40/41 | €42,753 | €23,673 | -€19,080 | -44.6% |
| Trade receivables | 40 | €27,753 | €8,673 | -€19,080 | -68.8% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Current investments | 50/53 | €4,995 | €4,995 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €303,066 | €101,469 | -€201,597 | -66.5% |
| Total equity and liabilities | 10/49 | €1,031,950 | €837,534 | -€194,416 | -18.8% |
| Equity | 10/15 | €584,857 | €588,252 | +€3,395 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €566,257 | €569,652 | +€3,395 | +0.6% |
| Distributable reserves | 133 | €566,257 | €569,652 | +€3,395 | +0.6% |
| Amounts payable | 17/49 | €447,093 | €249,282 | -€197,811 | -44.2% |
| Amounts payable after more than one year | 17 | €187,503 | €117,737 | -€69,766 | -37.2% |
| Financial debts | 170/4 | €187,503 | €117,737 | -€69,766 | -37.2% |
| Amounts payable within one year | 42/48 | €259,589 | €131,544 | -€128,045 | -49.3% |
| Trade debts | 44 | - | €3,157 | +€3,157 | |
| Suppliers | 440/4 | - | €3,157 | +€3,157 | |
| Taxes, remuneration and social security | 45 | €53,990 | €77,467 | +€23,477 | +43.5% |
| Taxes | 450/3 | €53,990 | €77,467 | +€23,477 | +43.5% |
| Other amounts payable | 47/48 | €205,599 | €50,920 | -€154,680 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,405 | €86,442 | +€4,037 | +4.9% |
| Other operating charges | 640/8 | €3,493 | €2,597 | -€896 | -25.6% |
| Gross operating margin | 9900 | €306,804 | €292,541 | -€14,263 | -4.6% |
| Operating profit (loss) | 9901 | €220,905 | €203,502 | -€17,404 | -7.9% |
| Financial income | 75/76B | €729 | €2,383 | +€1,654 | +227% |
| Recurring financial income | 75 | €729 | €2,383 | +€1,654 | +227% |
| Financial charges | 65/66B | €5,253 | €2,870 | -€2,384 | -45.4% |
| Recurring financial charges | 65 | €5,253 | €2,870 | -€2,384 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €216,381 | €203,015 | -€13,366 | -6.2% |
| Income taxes | 67/77 | €70,133 | €52,284 | -€17,849 | -25.4% |
| Profit (loss) for the period | 9904 | €146,248 | €150,731 | +€4,483 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €146,248 | €150,731 | +€4,483 | +3.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.