SIMATRA: 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.
SIMATRA
Largest movements
- Receivables within one year -€16,557
down €16,557 (-29.1%), from €56,854 to €40,297
of which Trade receivables: -€22,594
- Cash +€9,522
up €9,522 (+207.1%), from €4,598 to €14,121
mainly Receivables within one year (+€16,557) and Net result for the year (+€14,657)
- Tangible fixed assets -€2,246
down €2,246 (-72.3%), from €3,108 to €862
- Profit (loss) carried forward +€14,657
up €14,657 (+59.9%), from €24,478 to €39,135
- Advances received -€11,058
no longer reported in 2025 (was €11,058)
- Trade debts -€7,442
down €7,442 (-99.8%), from €7,460 to €18
- Tax, wage and social debts -€3,507
down €3,507 (-27.1%), from €12,931 to €9,424
of which Remuneration and social security: -€2,000
- Other debts -€1,929
no longer reported in 2025 (was €1,929)
- Gross operating margin +€10,734
up €10,734 (+38.2%), from €28,128 to €38,863
- Taxes +€2,795
up €2,795 (+108.6%), from €2,573 to €5,368
- Other operating charges -€1,162
down €1,162 (-8.2%), from €14,157 to €12,995
- Staff costs +€706
up €706 (+49.4%), from €1,429 to €2,135
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 | €65,788 | €56,508 | -€9,280 | -14.1% |
| Fixed assets | 21/28 | €4,336 | €2,091 | -€2,246 | -51.8% |
| Tangible fixed assets | 22/27 | €3,108 | €862 | -€2,246 | -72.3% |
| Furniture and vehicles | 24 | €3,108 | €862 | -€2,246 | -72.3% |
| Financial fixed assets | 28 | €1,229 | €1,229 | = | 0.0% |
| Current assets | 29/58 | €61,452 | €54,418 | -€7,034 | -11.4% |
| Amounts receivable within one year | 40/41 | €56,854 | €40,297 | -€16,557 | -29.1% |
| Trade receivables | 40 | €46,796 | €24,203 | -€22,594 | -48.3% |
| Other amounts receivable | 41 | €10,057 | €16,094 | +€6,037 | +60.0% |
| Cash at bank and in hand | 54/58 | €4,598 | €14,121 | +€9,522 | +207.1% |
| Total equity and liabilities | 10/49 | €65,788 | €56,508 | -€9,280 | -14.1% |
| Equity | 10/15 | €32,410 | €47,067 | +€14,657 | +45.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €6,200 | -€12,400 | -66.7% |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,731 | €1,731 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,731 | €1,731 | = | 0.0% |
| Legal reserve | 130 | €1,731 | €1,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,478 | €39,135 | +€14,657 | +59.9% |
| Amounts payable | 17/49 | €33,379 | €9,442 | -€23,937 | -71.7% |
| Amounts payable within one year | 42/48 | €33,379 | €9,442 | -€23,937 | -71.7% |
| Trade debts | 44 | €7,460 | €18 | -€7,442 | -99.8% |
| Suppliers | 440/4 | €7,460 | €18 | -€7,442 | -99.8% |
| Advances received on contracts in progress | 46 | €11,058 | - | -€11,058 | |
| Taxes, remuneration and social security | 45 | €12,931 | €9,424 | -€3,507 | -27.1% |
| Taxes | 450/3 | €10,431 | €8,924 | -€1,507 | -14.4% |
| Remuneration and social security | 454/9 | €2,500 | €500 | -€2,000 | -80.0% |
| Other amounts payable | 47/48 | €1,929 | - | -€1,929 | |
| Remuneration, social security and pensions | 62 | €1,429 | €2,135 | +€706 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,929 | €3,270 | +€342 | +11.7% |
| Other operating charges | 640/8 | €14,157 | €12,995 | -€1,162 | -8.2% |
| Gross operating margin | 9900 | €28,128 | €38,863 | +€10,734 | +38.2% |
| Operating profit (loss) | 9901 | €9,613 | €20,462 | +€10,849 | +112.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €482 | €438 | -€44 | -9.1% |
| Recurring financial charges | 65 | €482 | €438 | -€44 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €9,132 | €20,025 | +€10,893 | +119.3% |
| Income taxes | 67/77 | €2,573 | €5,368 | +€2,795 | +108.6% |
| Profit (loss) for the period | 9904 | €6,559 | €14,657 | +€8,098 | +123.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,559 | €14,657 | +€8,098 | +123.5% |
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 28 September 2026 via checked.be.