SIMATEX: 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.
SIMATEX
Largest movements
- Cash +€4,272
up €4,272 (+65.9%), from €6,481 to €10,752
mainly Depreciation (+€3,644) and Trade debts (+€1,691)
- Tangible fixed assets -€3,644
down €3,644 (-12.9%), from €28,251 to €24,607
of which Land and buildings: -€1,971
- Trade debts +€1,691
up €1,691 (+1118.0%), from €151 to €1,842
- Profit (loss) carried forward -€1,089
down €1,089 (-26.5%), from -€4,110 to -€5,199
- Gross operating margin -€518
down €518 (-10.4%), from €4,988 to €4,469
- Financial charges +€405
up €405 (+275.8%), from €147 to €552
- Depreciation +€158
up €158 (+4.5%), from €3,486 to €3,644
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,983 | €35,821 | +€838 | +2.4% |
| Fixed assets | 21/28 | €28,315 | €24,671 | -€3,644 | -12.9% |
| Tangible fixed assets | 22/27 | €28,251 | €24,607 | -€3,644 | -12.9% |
| Land and buildings | 22 | €22,874 | €20,904 | -€1,971 | -8.6% |
| Plant, machinery and equipment | 23 | €5,376 | €3,703 | -€1,673 | -31.1% |
| Financial fixed assets | 28 | €64 | €64 | = | 0.0% |
| Current assets | 29/58 | €6,668 | €11,149 | +€4,482 | +67.2% |
| Amounts receivable within one year | 40/41 | €187 | €128 | -€58 | -31.3% |
| Trade receivables | 40 | €187 | €128 | -€58 | -31.3% |
| Cash at bank and in hand | 54/58 | €6,481 | €10,752 | +€4,272 | +65.9% |
| Deferred charges and accrued income | 490/1 | - | €269 | +€269 | |
| Total equity and liabilities | 10/49 | €34,983 | €35,821 | +€838 | +2.4% |
| Equity | 10/15 | €27,937 | €26,848 | -€1,089 | -3.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,456 | €13,456 | = | 0.0% |
| Non-distributable reserves | 130/1 | €977 | €977 | = | 0.0% |
| Reserves not available under the articles | 1311 | €977 | €977 | = | 0.0% |
| Distributable reserves | 133 | €12,478 | €12,478 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,110 | -€5,199 | -€1,089 | -26.5% |
| Amounts payable | 17/49 | €7,045 | €8,972 | +€1,927 | +27.4% |
| Amounts payable within one year | 42/48 | €5,354 | €7,037 | +€1,682 | +31.4% |
| Trade debts | 44 | €151 | €1,842 | +€1,691 | +1118.0% |
| Suppliers | 440/4 | €151 | €1,842 | +€1,691 | +1118.0% |
| Taxes, remuneration and social security | 45 | - | €120 | +€120 | |
| Taxes | 450/3 | - | €120 | +€120 | |
| Other amounts payable | 47/48 | €5,203 | €5,074 | -€129 | -2.5% |
| Accrued charges and deferred income | 492/3 | €1,691 | €1,936 | +€245 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,486 | €3,644 | +€158 | +4.5% |
| Other operating charges | 640/8 | €1,324 | €1,365 | +€41 | +3.1% |
| Gross operating margin | 9900 | €4,988 | €4,469 | -€518 | -10.4% |
| Operating profit (loss) | 9901 | €178 | -€540 | -€717 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +5066.7% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +5066.7% |
| Financial charges | 65/66B | €147 | €552 | +€405 | +275.8% |
| Recurring financial charges | 65 | €147 | €552 | +€405 | +275.8% |
| Profit (loss) for the period before taxes | 9903 | €31 | -€1,089 | -€1,119 | |
| Profit (loss) for the period | 9904 | €31 | -€1,089 | -€1,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €31 | -€1,089 | -€1,119 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.