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SIMAS SUPERMARKT: 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.

What changed

SIMAS SUPERMARKT

BE 0474.469.164
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€105,090
2024 · €168,198-€273,288
Equity
€500,700
2024 · €605,790-€105,090
Cash
€107,651
2024 · €293,555-€185,904
Balance sheet total
€3.4m
2024 · €1.5m+€1.9m

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€1.9m

    up €1.9m (+230.2%), from €840,354 to €2.8m

    of which Land and buildings: +€1.9m

  • Cash -€185,904

    down €185,904 (-63.3%), from €293,555 to €107,651

    mainly Investment in fixed assets (net) (-€2.3m) and Stocks and contracts (-€139,765)

  • Stocks and contracts +€139,765

    up €139,765 (+46.5%), from €300,720 to €440,485

Equity and liabilities
  • Debts after one year +€1.5m

    up €1.5m (+257.0%), from €567,469 to €2.0m

    of which Financial debts: +€1.5m

  • Other debts +€522,500

    up €522,500 (+371.9%), from €140,479 to €662,979

  • Profit (loss) carried forward -€103,230

    down €103,230, from €62,079 to -€41,150

  • Current portion of long-term debt +€53,941

    up €53,941 (+137.0%), from €39,386 to €93,328

Income statement
  • Depreciation +€309,750

    up €309,750 (+577.9%), from €53,598 to €363,349

  • Gross operating margin +€81,992

    up €81,992 (+14.6%), from €561,407 to €643,399

  • Financial charges +€58,285

    up €58,285 (+132.1%), from €44,127 to €102,413

  • Taxes -€55,394

    down €55,394 (-98.9%), from €56,032 to €638

  • Staff costs +€44,243

    up €44,243 (+18.4%), from €240,048 to €284,291

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €168,198
Gross operating margin +€81,992
Staff costs -€44,243
Depreciation -€309,750
Other operating charges -€1,396
Other operating items +€414
Financial income +€2,586
Financial charges -€58,285
Taxes +€55,394
Result 2025 -€105,090

Cash bridge derived

cash 2024 to 2025

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.

From operations +€599,608
Investment -€2.3m
Financing +€1.5m
Cash 2024 €293,555
Net result for the year -€105,090
Depreciation +€363,349
Stocks and contracts -€139,765
Receivables within one year -€11,032
Deferred charges and accrued income -€26,033
Trade debts -€33,176
Tax, wage and social debts +€8,858
Other debts +€522,500
Accrued charges and deferred income +€19,997
Investment in fixed assets (net) -€2.3m
Debts after one year +€1.5m
Current portion of long-term debt +€53,941
Cash 2025 €107,651
Every line side by side 51 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,485,267 €3,410,974 +€1.9m +129.7%
Fixed assets 21/28 €840,614 €2,775,395 +€1.9m +230.2%
Tangible fixed assets 22/27 €840,354 €2,775,135 +€1.9m +230.2%
Land and buildings 22 €724,070 €2,621,563 +€1.9m +262.1%
Plant, machinery and equipment 23 €110,751 €97,176 -€13,575 -12.3%
Furniture and vehicles 24 €5,533 €56,397 +€50,864 +919.3%
Financial fixed assets 28 €260 €260 = 0.0%
Current assets 29/58 €644,653 €635,579 -€9,074 -1.4%
Stocks and contracts in progress 3 €300,720 €440,485 +€139,765 +46.5%
Stocks 30/36 €300,720 €440,485 +€139,765 +46.5%
Amounts receivable within one year 40/41 €38,888 €49,921 +€11,032 +28.4%
Trade receivables 40 €35,004 €49,759 +€14,755 +42.2%
Other amounts receivable 41 €3,884 €162 -€3,722 -95.8%
Cash at bank and in hand 54/58 €293,555 €107,651 -€185,904 -63.3%
Deferred charges and accrued income 490/1 €11,490 €37,523 +€26,033 +226.6%
Total equity and liabilities 10/49 €1,485,267 €3,410,974 +€1.9m +129.7%
Equity 10/15 €605,790 €500,700 -€105,090 -17.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €525,110 €523,250 -€1,860 -0.4%
Non-distributable reserves 130/1 €1,860 - -€1,860
Reserves not available under the articles 1311 €1,860 - -€1,860
Distributable reserves 133 €523,250 €523,250 = 0.0%
Profit (loss) carried forward 14 €62,079 -€41,150 -€103,230
Amounts payable 17/49 €879,477 €2,910,275 +€2.0m +230.9%
Amounts payable after more than one year 17 €567,469 €2,026,145 +€1.5m +257.0%
Financial debts 170/4 €567,469 €2,023,745 +€1.5m +256.6%
Other amounts payable 178/9 - €2,400 +€2,400
Amounts payable within one year 42/48 €296,771 €848,895 +€552,124 +186.0%
Current portion of amounts payable after more than one year 42 €39,386 €93,328 +€53,941 +137.0%
Trade debts 44 €74,271 €41,096 -€33,176 -44.7%
Suppliers 440/4 €74,271 €41,096 -€33,176 -44.7%
Taxes, remuneration and social security 45 €42,635 €51,493 +€8,858 +20.8%
Taxes 450/3 €24,532 €31,083 +€6,550 +26.7%
Remuneration and social security 454/9 €18,102 €20,410 +€2,308 +12.7%
Other amounts payable 47/48 €140,479 €662,979 +€522,500 +371.9%
Accrued charges and deferred income 492/3 €15,237 €35,235 +€19,997 +131.2%
Remuneration, social security and pensions 62 €240,048 €284,291 +€44,243 +18.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €53,598 €363,349 +€309,750 +577.9%
Other operating charges 640/8 €8,628 €10,024 +€1,396 +16.2%
Non-recurring operating charges 66A €564 €150 -€414 -73.4%
Gross operating margin 9900 €561,407 €643,399 +€81,992 +14.6%
Operating profit (loss) 9901 €258,569 -€14,414 -€272,983
Financial income 75/76B €9,788 €12,375 +€2,586 +26.4%
Recurring financial income 75 €1,246 €4,058 +€2,811 +225.5%
Non-recurring financial income 76B €8,542 €8,317 -€225 -2.6%
Financial charges 65/66B €44,127 €102,413 +€58,285 +132.1%
Recurring financial charges 65 €44,127 €102,413 +€58,285 +132.1%
Profit (loss) for the period before taxes 9903 €224,230 -€104,452 -€328,682
Income taxes 67/77 €56,032 €638 -€55,394 -98.9%
Profit (loss) for the period 9904 €168,198 -€105,090 -€273,288
Profit (loss) for the period to be appropriated 9905 €168,198 -€105,090 -€273,288

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 29 September 2026 via checked.be.