SIMAL: 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.
SIMAL
Largest movements
- Receivables within one year -€18,152
down €18,152 (-41.7%), from €43,530 to €25,377
of which Trade receivables: -€9,437
- Profit (loss) carried forward -€10,575
down €10,575 (-18.6%), from €56,729 to €46,154
- Tax, wage and social debts -€5,465
no longer reported in 2025 (was €5,465)
of which Taxes: -€3,160
- Short-term financial debts -€2,478
no longer reported in 2025 (was €2,478)
- Turnover -€38,363
down €38,363 (-31.9%), from €120,182 to €81,818
- Gross operating margin -€28,346
down €28,346, from €18,980 to -€9,366
- Purchases and services -€10,452
down €10,452 (-10.3%), from €101,636 to €91,184
- Taxes -€3,000
no longer reported in 2025 (was €3,000)
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 | €216,247 | €198,244 | -€18,002 | -8.3% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Current assets | 29/58 | €216,247 | €198,244 | -€18,002 | -8.3% |
| Amounts receivable after more than one year | 29 | €172,300 | €172,300 | = | 0.0% |
| Trade receivables | 290 | - | €172,300 | +€172,300 | |
| Other amounts receivable | 291 | €172,300 | - | -€172,300 | |
| Amounts receivable within one year | 40/41 | €43,530 | €25,377 | -€18,152 | -41.7% |
| Trade receivables | 40 | €9,437 | - | -€9,437 | |
| Other amounts receivable | 41 | €34,092 | €25,377 | -€8,715 | -25.6% |
| Cash at bank and in hand | 54/58 | - | €567 | +€567 | |
| Deferred charges and accrued income | 490/1 | €417 | - | -€417 | |
| Total equity and liabilities | 10/49 | €216,247 | €198,244 | -€18,002 | -8.3% |
| Equity | 10/15 | €208,304 | €197,729 | -€10,575 | -5.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Capital | 10 | - | €8,060 | +€8,060 | |
| Issued capital | 100 | - | €8,060 | +€8,060 | |
| Reserves | 13 | €143,516 | €143,516 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €143,516 | +€143,516 | |
| Legal reserve | 130 | - | €143,516 | +€143,516 | |
| Distributable reserves | 133 | €143,516 | - | -€143,516 | |
| Profit (loss) carried forward | 14 | €56,729 | €46,154 | -€10,575 | -18.6% |
| Amounts payable | 17/49 | €7,943 | €515 | -€7,427 | -93.5% |
| Amounts payable within one year | 42/48 | €7,943 | €515 | -€7,427 | -93.5% |
| Financial debts | 43 | €2,478 | - | -€2,478 | |
| Credit institutions | 430/8 | €2,478 | - | -€2,478 | |
| Trade debts | 44 | - | €515 | +€515 | |
| Suppliers | 440/4 | - | €515 | +€515 | |
| Taxes, remuneration and social security | 45 | €5,465 | - | -€5,465 | |
| Taxes | 450/3 | €3,160 | - | -€3,160 | |
| Remuneration and social security | 454/9 | €2,305 | - | -€2,305 | |
| Turnover | 70 | €120,182 | €81,818 | -€38,363 | -31.9% |
| Non-recurring operating income | 76A | €710 | - | -€710 | |
| Goods, raw materials, services and sundry goods | 60/61 | €101,636 | €91,184 | -€10,452 | -10.3% |
| Other operating charges | 640/8 | €752 | €146 | -€606 | -80.5% |
| Gross operating margin | 9900 | €18,980 | -€9,366 | -€28,346 | |
| Operating profit (loss) | 9901 | €18,228 | -€9,512 | -€27,740 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,632 | €1,063 | -€569 | -34.9% |
| Recurring financial charges | 65 | €1,632 | €1,063 | -€569 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €16,596 | -€10,575 | -€27,171 | |
| Income taxes | 67/77 | €3,000 | - | -€3,000 | |
| Profit (loss) for the period | 9904 | €13,596 | -€10,575 | -€24,171 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,596 | -€10,575 | -€24,171 |
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 10 October 2026 via checked.be.