Simak: 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.
Simak
Largest movements
- Receivables within one year -€4,727
down €4,727 (-91.5%), from €5,168 to €441
of which Other amounts receivable: -€4,732
- Cash -€3,632
down €3,632 (-1.7%), from €211,686 to €208,054
mainly Contributions, distributions and other (-€105,000) and Investment in fixed assets (net) (-€3,969)
- Reserves -€9,726
down €9,726 (-5.3%), from €185,108 to €175,381
- Tax, wage and social debts +€5,697
up €5,697 (+26.3%), from €21,636 to €27,333
of which Taxes: +€5,592
No income-statement line moved by more than 1% of the activity.
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €224,352 | €218,218 | -€6,134 | -2.7% |
| Fixed assets | 21/28 | €7,498 | €9,483 | +€1,985 | +26.5% |
| Tangible fixed assets | 22/27 | €7,498 | €9,483 | +€1,985 | +26.5% |
| Plant, machinery and equipment | 23 | €516 | €876 | +€360 | +69.7% |
| Furniture and vehicles | 24 | €734 | €3,166 | +€2,432 | +331.2% |
| Other tangible fixed assets | 26 | €6,247 | €5,441 | -€807 | -12.9% |
| Current assets | 29/58 | €216,854 | €208,735 | -€8,119 | -3.7% |
| Amounts receivable within one year | 40/41 | €5,168 | €441 | -€4,727 | -91.5% |
| Trade receivables | 40 | €436 | €441 | +€5 | +1.2% |
| Other amounts receivable | 41 | €4,732 | €0 | -€4,732 | -100.0% |
| Cash at bank and in hand | 54/58 | €211,686 | €208,054 | -€3,632 | -1.7% |
| Deferred charges and accrued income | 490/1 | - | €240 | +€240 | |
| Total equity and liabilities | 10/49 | €224,352 | €218,218 | -€6,134 | -2.7% |
| Equity | 10/15 | €197,108 | €187,381 | -€9,726 | -4.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €185,108 | €175,381 | -€9,726 | -5.3% |
| Distributable reserves | 133 | €185,108 | €175,381 | -€9,726 | -5.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,244 | €30,837 | +€3,593 | +13.2% |
| Amounts payable within one year | 42/48 | €27,244 | €30,837 | +€3,593 | +13.2% |
| Trade debts | 44 | €2,358 | €1,387 | -€970 | -41.2% |
| Suppliers | 440/4 | €2,358 | €1,387 | -€970 | -41.2% |
| Taxes, remuneration and social security | 45 | €21,636 | €27,333 | +€5,697 | +26.3% |
| Taxes | 450/3 | €21,636 | €27,228 | +€5,592 | +25.8% |
| Remuneration and social security | 454/9 | - | €104 | +€104 | |
| Other amounts payable | 47/48 | €3,251 | €2,117 | -€1,134 | -34.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,422 | €1,984 | +€562 | +39.5% |
| Other operating charges | 640/8 | €861 | €1,120 | +€259 | +30.1% |
| Gross operating margin | 9900 | €124,516 | €125,754 | +€1,238 | +1.0% |
| Operating profit (loss) | 9901 | €122,233 | €122,650 | +€417 | +0.3% |
| Financial income | 75/76B | €21 | €409 | +€388 | +1880.8% |
| Recurring financial income | 75 | €21 | €409 | +€388 | +1880.8% |
| Financial charges | 65/66B | €124 | €162 | +€38 | +30.9% |
| Recurring financial charges | 65 | €124 | €162 | +€38 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €122,130 | €122,897 | +€767 | +0.6% |
| Income taxes | 67/77 | €27,706 | €27,623 | -€82 | -0.3% |
| Profit (loss) for the period | 9904 | €94,424 | €95,274 | +€850 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €94,424 | €95,274 | +€850 | +0.9% |
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 8 October 2026 via checked.be.