Simar: 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.
Simar
Largest movements
- Receivables within one year +€27,984
up €27,984 (+161%), from €17,425 to €45,409
of which Trade receivables: +€22,107
- Tangible fixed assets +€15,706
up €15,706 (+16.0%), from €97,998 to €113,705
of which Plant, machinery and equipment: +€17,647
- Cash +€4,566
up €4,566 (+26.9%), from €16,962 to €21,528
mainly Depreciation (+€35,794) and Other debts (+€33,000)
- Contributions -€33,000
down €33,000 (-63.5%), from €52,000 to €19,000
- Other debts +€33,000
new in 2025: €33,000
- Trade debts +€30,324
up €30,324 (+3,507%), from €865 to €31,188
- Debts after one year +€17,767
up €17,767 (+53.2%), from €33,420 to €51,187
- Profit (loss) carried forward +€3,603
up €3,603 (+14.3%), from €25,270 to €28,873
- Purchases and services +€35,678
up €35,678 (+85.8%), from €41,584 to €77,262
- Turnover +€30,308
up €30,308 (+33.8%), from €89,578 to €119,886
- Depreciation -€13,971
down €13,971 (-28.1%), from €49,764 to €35,794
- Gross operating margin -€5,136
down €5,136 (-10.8%), from €47,760 to €42,624
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 | €132,385 | €180,642 | +€48,257 | +36.5% |
| Fixed assets | 21/28 | €97,998 | €113,705 | +€15,706 | +16.0% |
| Tangible fixed assets | 22/27 | €97,998 | €113,705 | +€15,706 | +16.0% |
| Land and buildings | 22 | €1,940 | - | -€1,940 | |
| Plant, machinery and equipment | 23 | €96,058 | €113,705 | +€17,647 | +18.4% |
| Current assets | 29/58 | €34,387 | €66,938 | +€32,551 | +94.7% |
| Amounts receivable within one year | 40/41 | €17,425 | €45,409 | +€27,984 | +161% |
| Trade receivables | 40 | €15,438 | €37,545 | +€22,107 | +143% |
| Other amounts receivable | 41 | €1,987 | €7,865 | +€5,877 | +296% |
| Cash at bank and in hand | 54/58 | €16,962 | €21,528 | +€4,566 | +26.9% |
| Total equity and liabilities | 10/49 | €132,385 | €180,642 | +€48,257 | +36.5% |
| Equity | 10/15 | €77,270 | €47,873 | -€29,397 | -38.0% |
| Contributions | 10/11 | €52,000 | €19,000 | -€33,000 | -63.5% |
| Profit (loss) carried forward | 14 | €25,270 | €28,873 | +€3,603 | +14.3% |
| Amounts payable | 17/49 | €55,116 | €132,769 | +€77,654 | +141% |
| Amounts payable after more than one year | 17 | €33,420 | €51,187 | +€17,767 | +53.2% |
| Financial debts | 170/4 | €33,420 | €51,187 | +€17,767 | +53.2% |
| Amounts payable within one year | 42/48 | €21,696 | €81,582 | +€59,886 | +276% |
| Current portion of amounts payable after more than one year | 42 | €20,831 | €17,394 | -€3,438 | -16.5% |
| Trade debts | 44 | €865 | €31,188 | +€30,324 | +3,507% |
| Suppliers | 440/4 | €865 | €31,188 | +€30,324 | +3,507% |
| Other amounts payable | 47/48 | - | €33,000 | +€33,000 | |
| Turnover | 70 | €89,578 | €119,886 | +€30,308 | +33.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €41,584 | €77,262 | +€35,678 | +85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,764 | €35,794 | -€13,971 | -28.1% |
| Other operating charges | 640/8 | €361 | €254 | -€106 | -29.5% |
| Gross operating margin | 9900 | €47,760 | €42,624 | -€5,136 | -10.8% |
| Operating profit (loss) | 9901 | -€2,365 | €6,576 | +€8,941 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,407 | €2,973 | +€566 | +23.5% |
| Recurring financial charges | 65 | €2,407 | €2,758 | +€352 | +14.6% |
| Non-recurring financial charges | 66B | - | €214 | +€214 | |
| Profit (loss) for the period before taxes | 9903 | -€4,771 | €3,603 | +€8,375 | |
| Profit (loss) for the period | 9904 | -€4,771 | €3,603 | +€8,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,771 | €3,603 | +€8,375 |
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.