SIMAR Henri JR.: what changed
What changed
SIMAR Henri JR.
filed annual accounts (NBB)
Net result for the year
€22,005
2024 · €11,698+€10,308
Equity
€1.2m
2024 · €1.2m+€21,118
Cash
€4
2024 · €32-€29
Balance sheet total
€1.6m
2024 · €1.6m-€30,348
Largest movements
Assets
- Tangible fixed assets -€58,413
down €58,413 (-9.9%), from €590,921 to €532,508
of which Land and buildings: -€36,636
- Receivables within one year +€36,680
up €36,680 (+41.1%), from €89,286 to €125,966
of which Other amounts receivable: +€49,159
Equity and liabilities
- Debts after one year -€47,729
down €47,729 (-26.8%), from €178,158 to €130,429
- Reserves +€20,984
up €20,984 (+1.8%), from €1.2m to €1.2m
of which Distributable reserves: +€38,000
Income statement
- Depreciation -€8,680
down €8,680 (-11.0%), from €79,204 to €70,524
- Financial charges -€2,866
down €2,866 (-27.2%), from €10,527 to €7,661
of which Financial charges: -€2,866
- Provisions +€2,798
up €2,798 (+48.7%), from -€5,741 to -€2,943
- Financial income +€2,289
up €2,289 (+81.2%), from €2,820 to €5,110
- Taxes +€1,972
up €1,972 (+12.4%), from €15,897 to €17,869
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€11,698
Gross operating margin
+€490
Depreciation
+€8,680
Provisions
-€2,798
Other operating charges
+€1,723
Other operating items
-€343
Financial income
+€2,289
Financial charges
+€2,866
Taxes
-€1,972
Deferred taxes and other
-€628
Result 2025
€22,005
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€42,381
Investment
-€1,526
Financing
-€40,883
Cash 2024
€32
From operations (derived)
+€42,381
Net result for the year
+€22,005
Depreciation
+€70,524
Receivables within one year
-€36,680
Deferred charges and accrued income
-€1,998
Provisions
-€8,615
Trade debts
-€1,682
Tax, wage and social debts
-€1,173
Investment (derived)
-€1,526
Investment in fixed assets (net)
-€1,526
Financing
-€40,883
Debts after one year
-€47,729
Current portion of long-term debt
+€1,538
Short-term financial debts
+€6,196
Contributions, distributions and other
-€888
Cash 2025
€4
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,629,402 | €1,599,054 | -€30,348 | -1.9% |
| Fixed assets | 21/28 | €1,532,935 | €1,463,938 | -€68,997 | -4.5% |
| Intangible fixed assets | 21 | €942,014 | €931,430 | -€10,584 | -1.1% |
| Tangible fixed assets | 22/27 | €590,921 | €532,508 | -€58,413 | -9.9% |
| Land and buildings | 22 | €515,920 | €479,284 | -€36,636 | -7.1% |
| Plant, machinery and equipment | 23 | €1,525 | €788 | -€737 | -48.3% |
| Furniture and vehicles | 24 | €73,475 | €52,435 | -€21,040 | -28.6% |
| Current assets | 29/58 | €96,467 | €135,116 | +€38,649 | +40.1% |
| Amounts receivable within one year | 40/41 | €89,286 | €125,966 | +€36,680 | +41.1% |
| Trade receivables | 40 | €34,511 | €22,032 | -€12,480 | -36.2% |
| Other amounts receivable | 41 | €54,775 | €103,934 | +€49,159 | +89.7% |
| Cash at bank and in hand | 54/58 | €32 | €4 | -€29 | -89.1% |
| Deferred charges and accrued income | 490/1 | €7,149 | €9,147 | +€1,998 | +27.9% |
| Total equity and liabilities | 10/49 | €1,629,402 | €1,599,054 | -€30,348 | -1.9% |
| Equity | 10/15 | €1,215,264 | €1,236,382 | +€21,118 | +1.7% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €1,155,159 | €1,176,142 | +€20,984 | +1.8% |
| Tax-exempt reserves | 132 | €93,159 | €76,142 | -€17,016 | -18.3% |
| Distributable reserves | 133 | €1,062,000 | €1,100,000 | +€38,000 | +3.6% |
| Profit (loss) carried forward | 14 | €106 | €240 | +€134 | +127% |
| Provisions and deferred taxes | 16 | €107,560 | €98,944 | -€8,615 | -8.0% |
| Provisions for liabilities and charges | 160/5 | €76,507 | €73,564 | -€2,943 | -3.8% |
| Major repairs and maintenance | 162 | €76,507 | €73,564 | -€2,943 | -3.8% |
| Deferred taxes | 168 | €31,053 | €25,381 | -€5,672 | -18.3% |
| Amounts payable | 17/49 | €306,578 | €263,727 | -€42,850 | -14.0% |
| Amounts payable after more than one year | 17 | €178,158 | €130,429 | -€47,729 | -26.8% |
| Financial debts | 170/4 | €178,158 | €130,429 | -€47,729 | -26.8% |
| Amounts payable within one year | 42/48 | €128,419 | €133,298 | +€4,879 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €45,990 | €47,528 | +€1,538 | +3.3% |
| Financial debts | 43 | €4,124 | €10,320 | +€6,196 | +150% |
| Credit institutions | 430/8 | €4,124 | €10,320 | +€6,196 | +150% |
| Trade debts | 44 | €43,366 | €41,683 | -€1,682 | -3.9% |
| Suppliers | 440/4 | €43,366 | €41,683 | -€1,682 | -3.9% |
| Taxes, remuneration and social security | 45 | €34,940 | €33,767 | -€1,173 | -3.4% |
| Taxes | 450/3 | €34,940 | €33,767 | -€1,173 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,204 | €70,524 | -€8,680 | -11.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€5,741 | -€2,943 | +€2,798 | +48.7% |
| Other operating charges | 640/8 | €8,240 | €6,516 | -€1,723 | -20.9% |
| Non-recurring operating charges | 66A | - | €343 | +€343 | |
| Gross operating margin | 9900 | €109,816 | €110,306 | +€490 | +0.4% |
| Operating profit (loss) | 9901 | €28,114 | €35,866 | +€7,752 | +27.6% |
| Financial income | 75/76B | €2,820 | €5,110 | +€2,289 | +81.2% |
| Recurring financial income | 75 | €2,820 | €5,110 | +€2,289 | +81.2% |
| Financial charges | 65/66B | €10,527 | €7,661 | -€2,866 | -27.2% |
| Recurring financial charges | 65 | €10,527 | €7,661 | -€2,866 | -27.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €20,407 | €33,315 | +€12,907 | +63.2% |
| Transfer from deferred taxes | 780 | €7,188 | €6,560 | -€628 | -8.7% |
| Income taxes | 67/77 | €15,897 | €17,869 | +€1,972 | +12.4% |
| Profit (loss) for the period | 9904 | €11,698 | €22,005 | +€10,308 | +88.1% |
| Transfer from tax-exempt reserves | 789 | €21,563 | €16,129 | -€5,435 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,261 | €38,134 | +€4,873 | +14.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.