SIMATEC: 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.
SIMATEC
Largest movements
- Cash +€85,902
up €85,902 (+126%), from €68,251 to €154,153
mainly Net result for the year (+€65,387) and Receivables within one year (+€47,259)
- Receivables within one year -€47,259
down €47,259 (-59.7%), from €79,175 to €31,917
of which Trade receivables: -€52,519
- Tangible fixed assets -€45,403
down €45,403 (-6.7%), from €673,450 to €628,047
of which Land and buildings: -€39,753
- Stocks and contracts -€15,720
down €15,720 (-74.9%), from €20,982 to €5,262
of which Contracts in progress: -€11,126
- Trade debts -€76,222
down €76,222 (-52.6%), from €144,934 to €68,713
- Profit (loss) carried forward +€65,387
up €65,387 (+84.0%), from €77,876 to €143,263
- Gross operating margin +€89,331
up €89,331 (+62.8%), from €142,151 to €231,482
- Taxes +€14,876
up €14,876 (+5,304%), from €280 to €15,157
- Financial charges -€5,706
down €5,706 (-25.8%), from €22,087 to €16,381
- Financial income +€5,463
up €5,463 (+62.9%), from €8,691 to €14,154
- Depreciation +€2,621
up €2,621 (+6.1%), from €42,782 to €45,403
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 | €848,760 | €826,363 | -€22,398 | -2.6% |
| Fixed assets | 21/28 | €673,565 | €628,162 | -€45,403 | -6.7% |
| Tangible fixed assets | 22/27 | €673,450 | €628,047 | -€45,403 | -6.7% |
| Land and buildings | 22 | €648,227 | €608,474 | -€39,753 | -6.1% |
| Furniture and vehicles | 24 | €25,223 | €19,572 | -€5,650 | -22.4% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €175,195 | €198,201 | +€23,006 | +13.1% |
| Stocks and contracts in progress | 3 | €20,982 | €5,262 | -€15,720 | -74.9% |
| Stocks | 30/36 | €9,856 | €5,262 | -€4,594 | -46.6% |
| Contracts in progress | 37 | €11,126 | - | -€11,126 | |
| Amounts receivable within one year | 40/41 | €79,175 | €31,917 | -€47,259 | -59.7% |
| Trade receivables | 40 | €68,151 | €15,632 | -€52,519 | -77.1% |
| Other amounts receivable | 41 | €11,024 | €16,285 | +€5,261 | +47.7% |
| Current investments | 50/53 | €5,769 | €5,799 | +€30 | +0.5% |
| Cash at bank and in hand | 54/58 | €68,251 | €154,153 | +€85,902 | +126% |
| Deferred charges and accrued income | 490/1 | €1,018 | €1,070 | +€52 | +5.1% |
| Total equity and liabilities | 10/49 | €848,760 | €826,363 | -€22,398 | -2.6% |
| Equity | 10/15 | €210,978 | €271,612 | +€60,634 | +28.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,876 | €143,263 | +€65,387 | +84.0% |
| Investment grants | 15 | €29,102 | €24,349 | -€4,753 | -16.3% |
| Amounts payable | 17/49 | €637,782 | €554,751 | -€83,032 | -13.0% |
| Amounts payable after more than one year | 17 | €386,813 | €386,813 | = | 0.0% |
| Financial debts | 170/4 | €386,813 | €386,813 | = | 0.0% |
| Amounts payable within one year | 42/48 | €230,220 | €151,587 | -€78,634 | -34.2% |
| Current portion of amounts payable after more than one year | 42 | €64,742 | €64,742 | = | 0.0% |
| Trade debts | 44 | €144,934 | €68,713 | -€76,222 | -52.6% |
| Suppliers | 440/4 | €144,934 | €68,713 | -€76,222 | -52.6% |
| Taxes, remuneration and social security | 45 | €20,544 | €18,132 | -€2,412 | -11.7% |
| Taxes | 450/3 | €7,621 | €4,826 | -€2,795 | -36.7% |
| Remuneration and social security | 454/9 | €12,923 | €13,306 | +€383 | +3.0% |
| Accrued charges and deferred income | 492/3 | €20,749 | €16,351 | -€4,398 | -21.2% |
| Remuneration, social security and pensions | 62 | €91,728 | €94,208 | +€2,480 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,782 | €45,403 | +€2,621 | +6.1% |
| Other operating charges | 640/8 | €8,703 | €9,100 | +€397 | +4.6% |
| Gross operating margin | 9900 | €142,151 | €231,482 | +€89,331 | +62.8% |
| Operating profit (loss) | 9901 | -€1,063 | €82,771 | +€83,833 | |
| Financial income | 75/76B | €8,691 | €14,154 | +€5,463 | +62.9% |
| Recurring financial income | 75 | €8,691 | €14,154 | +€5,463 | +62.9% |
| Financial charges | 65/66B | €22,087 | €16,381 | -€5,706 | -25.8% |
| Recurring financial charges | 65 | €22,087 | €16,381 | -€5,706 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,459 | €80,543 | +€95,003 | |
| Income taxes | 67/77 | €280 | €15,157 | +€14,876 | +5,304% |
| Profit (loss) for the period | 9904 | -€14,740 | €65,387 | +€80,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,740 | €65,387 | +€80,126 |
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 13 October 2026 via checked.be.