SIMATIM: 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.
SIMATIM
Largest movements
- Tangible fixed assets -€60,159
down €60,159 (-8.5%), from €711,428 to €651,269
of which Land and buildings: -€51,347
- Cash -€21,324
down €21,324 (-74.1%), from €28,783 to €7,459
mainly Net result for the year (-€67,792) and Other debts (-€10,248)
- Profit (loss) carried forward -€67,792
down €67,792 (-8.0%), from -€847,357 to -€915,150
- Other debts -€10,248
down €10,248 (-21.5%), from €47,644 to €37,396
- Gross operating margin -€12,925
down €12,925 (-84.3%), from €15,335 to €2,410
- Staff costs +€4,134
up €4,134, from -€4,075 to €59
- Depreciation -€1,535
down €1,535 (-2.5%), from €61,694 to €60,159
- Other operating charges +€367
up €367 (+3.6%), from €10,251 to €10,618
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 | €809,526 | €733,151 | -€76,374 | -9.4% |
| Fixed assets | 21/28 | €711,428 | €651,269 | -€60,159 | -8.5% |
| Tangible fixed assets | 22/27 | €711,428 | €651,269 | -€60,159 | -8.5% |
| Land and buildings | 22 | €694,664 | €643,317 | -€51,347 | -7.4% |
| Plant, machinery and equipment | 23 | €16,763 | €7,951 | -€8,812 | -52.6% |
| Current assets | 29/58 | €98,098 | €81,882 | -€16,216 | -16.5% |
| Amounts receivable after more than one year | 29 | €44,300 | €44,300 | = | 0.0% |
| Other amounts receivable | 291 | €44,300 | €44,300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €28,783 | €7,459 | -€21,324 | -74.1% |
| Deferred charges and accrued income | 490/1 | €25,015 | €30,124 | +€5,109 | +20.4% |
| Total equity and liabilities | 10/49 | €809,526 | €733,151 | -€76,374 | -9.4% |
| Equity | 10/15 | €755,954 | €688,162 | -€67,792 | -9.0% |
| Contributions | 10/11 | €1,580,100 | €1,580,100 | = | 0.0% |
| Reserves | 13 | €23,212 | €23,212 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,136 | €23,136 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €23,136 | +€23,136 | |
| Other | 1319 | €23,136 | - | -€23,136 | |
| Tax-exempt reserves | 132 | €76 | €76 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€847,357 | -€915,150 | -€67,792 | -8.0% |
| Amounts payable | 17/49 | €53,571 | €44,989 | -€8,582 | -16.0% |
| Amounts payable within one year | 42/48 | €53,571 | €44,989 | -€8,582 | -16.0% |
| Trade debts | 44 | €5,927 | €7,593 | +€1,666 | +28.1% |
| Suppliers | 440/4 | €5,927 | €7,593 | +€1,666 | +28.1% |
| Other amounts payable | 47/48 | €47,644 | €37,396 | -€10,248 | -21.5% |
| Remuneration, social security and pensions | 62 | -€4,075 | €59 | +€4,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,694 | €60,159 | -€1,535 | -2.5% |
| Other operating charges | 640/8 | €10,251 | €10,618 | +€367 | +3.6% |
| Gross operating margin | 9900 | €15,335 | €2,410 | -€12,925 | -84.3% |
| Operating profit (loss) | 9901 | -€52,536 | -€68,426 | -€15,890 | -30.2% |
| Financial income | 75/76B | €707 | €663 | -€44 | -6.3% |
| Recurring financial income | 75 | €707 | €663 | -€44 | -6.3% |
| Financial charges | 65/66B | €42 | €29 | -€13 | -31.4% |
| Recurring financial charges | 65 | €42 | €29 | -€13 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€51,871 | -€67,792 | -€15,921 | -30.7% |
| Profit (loss) for the period | 9904 | -€51,871 | -€67,792 | -€15,921 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,871 | -€67,792 | -€15,921 | -30.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.