SIMALKONE: 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.
SIMALKONE
Largest movements
- Receivables within one year +€195,021
up €195,021 (+367.2%), from €53,116 to €248,137
of which Other amounts receivable: +€195,813
- Cash -€38,029
down €38,029 (-61.4%), from €61,978 to €23,949
mainly Receivables within one year (-€195,021) and Investment in fixed assets (net) (-€31,504)
- Tangible fixed assets -€36,674
down €36,674 (-3.5%), from €1.0m to €999,029
of which Leasing and similar rights: -€326,620
- Other debts +€48,000
up €48,000 (+145.5%), from €33,000 to €81,000
- Debts after one year +€38,632
up €38,632 (+3.7%), from €1.1m to €1.1m
- Depreciation -€63,791
down €63,791 (-48.3%), from €131,969 to €68,178
- Gross operating margin -€44,008
down €44,008 (-25.1%), from €175,197 to €131,188
- Financial charges +€15,662
up €15,662 (+50.6%), from €30,965 to €46,627
- Other operating charges -€3,703
down €3,703 (-51.5%), from €7,187 to €3,484
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 | €1,154,206 | €1,273,598 | +€119,392 | +10.3% |
| Fixed assets | 21/28 | €1,035,703 | €999,029 | -€36,674 | -3.5% |
| Tangible fixed assets | 22/27 | €1,035,703 | €999,029 | -€36,674 | -3.5% |
| Land and buildings | 22 | €612,276 | €711,279 | +€99,003 | +16.2% |
| Plant, machinery and equipment | 23 | €47,259 | €250,132 | +€202,873 | +429.3% |
| Furniture and vehicles | 24 | €38,338 | €37,618 | -€720 | -1.9% |
| Leasing and similar rights | 25 | €326,620 | €0 | -€326,620 | -100.0% |
| Assets under construction and advance payments | 27 | €11,210 | €0 | -€11,210 | -100.0% |
| Current assets | 29/58 | €118,503 | €274,569 | +€156,065 | +131.7% |
| Amounts receivable within one year | 40/41 | €53,116 | €248,137 | +€195,021 | +367.2% |
| Trade receivables | 40 | €12,955 | €12,163 | -€792 | -6.1% |
| Other amounts receivable | 41 | €40,161 | €235,973 | +€195,813 | +487.6% |
| Cash at bank and in hand | 54/58 | €61,978 | €23,949 | -€38,029 | -61.4% |
| Deferred charges and accrued income | 490/1 | €3,409 | €2,483 | -€926 | -27.2% |
| Total equity and liabilities | 10/49 | €1,154,206 | €1,273,598 | +€119,392 | +10.3% |
| Equity | 10/15 | €8,923 | €20,189 | +€11,265 | +126.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,923 | €15,189 | +€11,265 | +287.1% |
| Amounts payable | 17/49 | €1,145,283 | €1,253,409 | +€108,126 | +9.4% |
| Amounts payable after more than one year | 17 | €1,050,344 | €1,088,976 | +€38,632 | +3.7% |
| Financial debts | 170/4 | €1,050,344 | €1,088,976 | +€38,632 | +3.7% |
| Amounts payable within one year | 42/48 | €92,539 | €161,051 | +€68,512 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €45,392 | €56,950 | +€11,558 | +25.5% |
| Trade debts | 44 | €4,069 | €10,146 | +€6,077 | +149.4% |
| Suppliers | 440/4 | €4,069 | €10,146 | +€6,077 | +149.4% |
| Taxes, remuneration and social security | 45 | €10,079 | €12,956 | +€2,877 | +28.5% |
| Taxes | 450/3 | €10,079 | €12,956 | +€2,877 | +28.5% |
| Other amounts payable | 47/48 | €33,000 | €81,000 | +€48,000 | +145.5% |
| Accrued charges and deferred income | 492/3 | €2,400 | €3,382 | +€982 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €131,969 | €68,178 | -€63,791 | -48.3% |
| Other operating charges | 640/8 | €7,187 | €3,484 | -€3,703 | -51.5% |
| Gross operating margin | 9900 | €175,197 | €131,188 | -€44,008 | -25.1% |
| Operating profit (loss) | 9901 | €36,041 | €59,527 | +€23,486 | +65.2% |
| Financial income | 75/76B | €1,773 | €2,459 | +€687 | +38.7% |
| Recurring financial income | 75 | €1,773 | €2,459 | +€687 | +38.7% |
| Financial charges | 65/66B | €30,965 | €46,627 | +€15,662 | +50.6% |
| Recurring financial charges | 65 | €30,965 | €46,627 | +€15,662 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €6,848 | €15,359 | +€8,511 | +124.3% |
| Income taxes | 67/77 | €2,925 | €4,094 | +€1,169 | +40.0% |
| Profit (loss) for the period | 9904 | €3,923 | €11,265 | +€7,342 | +187.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,923 | €11,265 | +€7,342 | +187.1% |
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.