SIMAGUI: 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.
SIMAGUI
Largest movements
- Receivables within one year -€42,295
down €42,295 (-25.2%), from €167,829 to €125,534
of which Other amounts receivable: -€32,827
- Tangible fixed assets +€24,738
up €24,738 (+1.3%), from €1.9m to €1.9m
of which Plant, machinery and equipment: +€63,794
- Debts after one year -€58,384
down €58,384 (-3.9%), from €1.5m to €1.5m
- Current portion of long-term debt +€32,617
up €32,617 (+127%), from €25,767 to €58,384
- Profit (loss) carried forward +€20,859
up €20,859 (+69.6%), from €29,960 to €50,820
- Turnover -€227,163
no longer reported in 2025 (was €227,163)
- Purchases and services -€167,094
no longer reported in 2025 (was €167,094)
- Gross operating margin +€88,905
up €88,905 (+134%), from €66,167 to €155,072
- Depreciation -€19,190
down €19,190 (-23.9%), from €80,325 to €61,135
- Financial charges -€11,570
down €11,570 (-16.0%), from €72,304 to €60,734
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 | €2,043,788 | €2,037,945 | -€5,843 | -0.3% |
| Fixed assets | 21/28 | €1,863,568 | €1,888,306 | +€24,738 | +1.3% |
| Tangible fixed assets | 22/27 | €1,863,568 | €1,888,306 | +€24,738 | +1.3% |
| Land and buildings | 22 | €1,474,256 | €1,434,033 | -€40,223 | -2.7% |
| Plant, machinery and equipment | 23 | €381,443 | €445,236 | +€63,794 | +16.7% |
| Furniture and vehicles | 24 | €6,500 | €7,953 | +€1,453 | +22.4% |
| Other tangible fixed assets | 26 | €1,369 | €1,084 | -€285 | -20.8% |
| Current assets | 29/58 | €180,220 | €149,638 | -€30,582 | -17.0% |
| Amounts receivable within one year | 40/41 | €167,829 | €125,534 | -€42,295 | -25.2% |
| Trade receivables | 40 | €13,055 | €3,587 | -€9,469 | -72.5% |
| Other amounts receivable | 41 | €154,774 | €121,947 | -€32,827 | -21.2% |
| Cash at bank and in hand | 54/58 | €7,039 | €9,686 | +€2,647 | +37.6% |
| Deferred charges and accrued income | 490/1 | €5,352 | €14,419 | +€9,067 | +169% |
| Total equity and liabilities | 10/49 | €2,043,788 | €2,037,945 | -€5,843 | -0.3% |
| Equity | 10/15 | €32,920 | €53,780 | +€20,859 | +63.4% |
| Contributions | 10/11 | €2,960 | €2,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,960 | €50,820 | +€20,859 | +69.6% |
| Amounts payable | 17/49 | €2,010,868 | €1,984,165 | -€26,702 | -1.3% |
| Amounts payable after more than one year | 17 | €1,513,611 | €1,455,227 | -€58,384 | -3.9% |
| Financial debts | 170/4 | €1,513,611 | €1,455,227 | -€58,384 | -3.9% |
| Amounts payable within one year | 42/48 | €493,456 | €511,866 | +€18,409 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €25,767 | €58,384 | +€32,617 | +127% |
| Trade debts | 44 | €19,174 | €5,983 | -€13,191 | -68.8% |
| Suppliers | 440/4 | €19,174 | €5,983 | -€13,191 | -68.8% |
| Taxes, remuneration and social security | 45 | €6,956 | €1,199 | -€5,757 | -82.8% |
| Taxes | 450/3 | €6,956 | €1,199 | -€5,757 | -82.8% |
| Other amounts payable | 47/48 | €441,559 | €446,300 | +€4,740 | +1.1% |
| Accrued charges and deferred income | 492/3 | €3,800 | €17,072 | +€13,272 | +349% |
| Turnover | 70 | €227,163 | - | -€227,163 | |
| Goods, raw materials, services and sundry goods | 60/61 | €167,094 | - | -€167,094 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,325 | €61,135 | -€19,190 | -23.9% |
| Other operating charges | 640/8 | €11,466 | €11,300 | -€167 | -1.5% |
| Non-recurring operating charges | 66A | €609 | €544 | -€65 | -10.6% |
| Gross operating margin | 9900 | €66,167 | €155,072 | +€88,905 | +134% |
| Operating profit (loss) | 9901 | -€26,234 | €82,093 | +€108,327 | |
| Financial charges | 65/66B | €72,304 | €60,734 | -€11,570 | -16.0% |
| Recurring financial charges | 65 | €72,304 | €60,734 | -€11,570 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€98,538 | €21,359 | +€119,897 | |
| Income taxes | 67/77 | €516 | €500 | -€16 | -3.1% |
| Profit (loss) for the period | 9904 | -€99,054 | €20,859 | +€119,913 | |
| Profit (loss) for the period to be appropriated | 9905 | -€99,054 | €20,859 | +€119,913 |
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 16 October 2026 via checked.be.