SIMARFI COPILOT: 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.
SIMARFI COPILOT
Largest movements
- Receivables within one year +€21,441
up €21,441 (+113%), from €19,022 to €40,463
of which Trade receivables: +€21,407
- Debts after one year -€78,813
down €78,813 (-18.4%), from €428,452 to €349,639
- Trade debts +€63,759
up €63,759 (+159%), from €40,130 to €103,889
- Profit (loss) carried forward +€21,972
up €21,972 (+11.8%), from €185,493 to €207,465
- Other debts +€13,230
up €13,230 (+24.8%), from €53,382 to €66,612
- Gross operating margin -€40,262
down €40,262 (-48.9%), from €82,344 to €42,082
- Financial charges -€1,834
down €1,834 (-22.7%), from €8,092 to €6,258
- Taxes -€1,125
down €1,125 (-8.2%), from €13,778 to €12,653
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 | €969,408 | €990,472 | +€21,063 | +2.2% |
| Fixed assets | 21/28 | €950,000 | €950,000 | = | 0.0% |
| Financial fixed assets | 28 | €950,000 | €950,000 | = | 0.0% |
| Current assets | 29/58 | €19,408 | €40,472 | +€21,063 | +109% |
| Amounts receivable within one year | 40/41 | €19,022 | €40,463 | +€21,441 | +113% |
| Trade receivables | 40 | €17,817 | €39,224 | +€21,407 | +120% |
| Other amounts receivable | 41 | €1,205 | €1,239 | +€35 | +2.9% |
| Cash at bank and in hand | 54/58 | €386 | €8 | -€378 | -97.8% |
| Total equity and liabilities | 10/49 | €969,408 | €990,472 | +€21,063 | +2.2% |
| Equity | 10/15 | €335,493 | €357,465 | +€21,972 | +6.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,493 | €207,465 | +€21,972 | +11.8% |
| Amounts payable | 17/49 | €633,915 | €633,007 | -€908 | -0.1% |
| Amounts payable after more than one year | 17 | €428,452 | €349,639 | -€78,813 | -18.4% |
| Financial debts | 170/4 | €428,452 | €349,639 | -€78,813 | -18.4% |
| Amounts payable within one year | 42/48 | €205,463 | €283,367 | +€77,905 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €77,868 | €78,813 | +€946 | +1.2% |
| Trade debts | 44 | €40,130 | €103,889 | +€63,759 | +159% |
| Suppliers | 440/4 | €40,130 | €103,889 | +€63,759 | +159% |
| Taxes, remuneration and social security | 45 | €34,083 | €34,053 | -€29 | -0.1% |
| Taxes | 450/3 | €34,083 | €34,053 | -€29 | -0.1% |
| Other amounts payable | 47/48 | €53,382 | €66,612 | +€13,230 | +24.8% |
| Non-recurring operating charges | 66A | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | €82,344 | €42,082 | -€40,262 | -48.9% |
| Operating profit (loss) | 9901 | €82,344 | €40,882 | -€41,462 | -50.4% |
| Financial charges | 65/66B | €8,092 | €6,258 | -€1,834 | -22.7% |
| Recurring financial charges | 65 | €8,092 | €6,258 | -€1,834 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €74,252 | €34,624 | -€39,628 | -53.4% |
| Income taxes | 67/77 | €13,778 | €12,653 | -€1,125 | -8.2% |
| Profit (loss) for the period | 9904 | €60,475 | €21,972 | -€38,503 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,475 | €21,972 | -€38,503 | -63.7% |
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 17 October 2026 via checked.be.