SIMARGEST: 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.
SIMARGEST
Largest movements
- Tangible fixed assets -€10,989
down €10,989 (-45.2%), from €24,300 to €13,311
- Cash +€7,496
up €7,496 (+9.6%), from €77,887 to €85,383
mainly Depreciation (+€10,990) and Other debts (+€2,281)
- Receivables within one year +€6,927
up €6,927 (+36.7%), from €18,883 to €25,810
of which Other amounts receivable: +€3,717
- Other debts +€2,281
new in 2025: €2,281
- Gross operating margin -€10,171
down €10,171 (-46.6%), from €21,838 to €11,667
- Taxes -€2,649
down €2,649 (-87.3%), from €3,034 to €385
- Depreciation -€1,784
down €1,784 (-14.0%), from €12,774 to €10,990
- Other operating charges -€225
down €225 (-52.7%), from €427 to €202
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 | €121,070 | €124,504 | +€3,434 | +2.8% |
| Fixed assets | 21/28 | €24,300 | €13,311 | -€10,989 | -45.2% |
| Tangible fixed assets | 22/27 | €24,300 | €13,311 | -€10,989 | -45.2% |
| Furniture and vehicles | 24 | €24,300 | €13,311 | -€10,989 | -45.2% |
| Current assets | 29/58 | €96,770 | €111,193 | +€14,423 | +14.9% |
| Amounts receivable within one year | 40/41 | €18,883 | €25,810 | +€6,927 | +36.7% |
| Trade receivables | 40 | €15,548 | €18,758 | +€3,210 | +20.6% |
| Other amounts receivable | 41 | €3,335 | €7,052 | +€3,717 | +111.5% |
| Cash at bank and in hand | 54/58 | €77,887 | €85,383 | +€7,496 | +9.6% |
| Total equity and liabilities | 10/49 | €121,070 | €124,504 | +€3,434 | +2.8% |
| Equity | 10/15 | €120,897 | €120,734 | -€163 | -0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,697 | €114,534 | -€163 | -0.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €112,837 | €114,534 | +€1,697 | +1.5% |
| Amounts payable | 17/49 | €173 | €3,770 | +€3,597 | +2079.2% |
| Amounts payable within one year | 42/48 | €173 | €3,770 | +€3,597 | +2079.2% |
| Trade debts | 44 | €173 | €1,179 | +€1,006 | +581.5% |
| Suppliers | 440/4 | €173 | €1,179 | +€1,006 | +581.5% |
| Taxes, remuneration and social security | 45 | - | €310 | +€310 | |
| Taxes | 450/3 | - | €310 | +€310 | |
| Other amounts payable | 47/48 | - | €2,281 | +€2,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,774 | €10,990 | -€1,784 | -14.0% |
| Other operating charges | 640/8 | €427 | €202 | -€225 | -52.7% |
| Gross operating margin | 9900 | €21,838 | €11,667 | -€10,171 | -46.6% |
| Operating profit (loss) | 9901 | €8,637 | €475 | -€8,162 | -94.5% |
| Financial income | 75/76B | €132 | - | -€132 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Non-recurring financial income | 76B | €127 | - | -€127 | |
| Financial charges | 65/66B | €290 | €253 | -€37 | -12.8% |
| Recurring financial charges | 65 | €290 | €253 | -€37 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €8,479 | €222 | -€8,257 | -97.4% |
| Income taxes | 67/77 | €3,034 | €385 | -€2,649 | -87.3% |
| Profit (loss) for the period | 9904 | €5,445 | -€163 | -€5,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,445 | -€163 | -€5,608 |
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 7 October 2026 via checked.be.