SIMAVENI: 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.
SIMAVENI
Largest movements
- Tangible fixed assets -€21,642
down €21,642 (-19.7%), from €109,589 to €87,946
of which Land and buildings: -€11,182
- Cash -€16,654
down €16,654 (-24.6%), from €67,728 to €51,074
mainly Net result for the year (-€33,707) and Debts after one year (-€14,215)
- Receivables within one year +€11,944
up €11,944 (+213%), from €5,606 to €17,551
- Profit (loss) carried forward -€33,707
down €33,707 (-72.9%), from €46,267 to €12,560
- Trade debts +€31,060
new in 2025: €31,060
- Debts after one year -€14,215
down €14,215 (-24.3%), from €58,382 to €44,168
- Current portion of long-term debt -€8,727
down €8,727 (-18.4%), from €47,515 to €38,788
- Gross operating margin -€41,419
down €41,419 (-26.3%), from €157,344 to €115,925
- Depreciation -€7,681
down €7,681 (-25.0%), from €30,747 to €23,066
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 | €197,190 | €170,837 | -€26,352 | -13.4% |
| Fixed assets | 21/28 | €112,376 | €90,733 | -€21,642 | -19.3% |
| Tangible fixed assets | 22/27 | €109,589 | €87,946 | -€21,642 | -19.7% |
| Land and buildings | 22 | €53,411 | €42,229 | -€11,182 | -20.9% |
| Plant, machinery and equipment | 23 | €50,592 | €42,387 | -€8,205 | -16.2% |
| Furniture and vehicles | 24 | €5,585 | €3,331 | -€2,255 | -40.4% |
| Financial fixed assets | 28 | €2,787 | €2,787 | = | 0.0% |
| Current assets | 29/58 | €84,814 | €80,104 | -€4,710 | -5.6% |
| Stocks and contracts in progress | 3 | €11,480 | €11,480 | = | 0.0% |
| Stocks | 30/36 | €11,480 | €11,480 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,606 | €17,551 | +€11,944 | +213% |
| Trade receivables | 40 | €5,606 | €17,551 | +€11,944 | +213% |
| Cash at bank and in hand | 54/58 | €67,728 | €51,074 | -€16,654 | -24.6% |
| Total equity and liabilities | 10/49 | €197,190 | €170,837 | -€26,352 | -13.4% |
| Equity | 10/15 | €81,927 | €48,220 | -€33,707 | -41.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €17,060 | €17,060 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,200 | €15,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,267 | €12,560 | -€33,707 | -72.9% |
| Amounts payable | 17/49 | €115,263 | €122,618 | +€7,355 | +6.4% |
| Amounts payable after more than one year | 17 | €58,382 | €44,168 | -€14,215 | -24.3% |
| Financial debts | 170/4 | €58,382 | €44,168 | -€14,215 | -24.3% |
| Amounts payable within one year | 42/48 | €56,880 | €78,450 | +€21,570 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €47,515 | €38,788 | -€8,727 | -18.4% |
| Trade debts | 44 | - | €31,060 | +€31,060 | |
| Suppliers | 440/4 | - | €31,060 | +€31,060 | |
| Taxes, remuneration and social security | 45 | €9,365 | €7,724 | -€1,642 | -17.5% |
| Taxes | 450/3 | €5,464 | €3,758 | -€1,706 | -31.2% |
| Remuneration and social security | 454/9 | €3,901 | €3,966 | +€65 | +1.7% |
| Other amounts payable | 47/48 | - | €878 | +€878 | |
| Remuneration, social security and pensions | 62 | €120,682 | €121,048 | +€366 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,747 | €23,066 | -€7,681 | -25.0% |
| Other operating charges | 640/8 | €3,085 | €3,073 | -€13 | -0.4% |
| Gross operating margin | 9900 | €157,344 | €115,925 | -€41,419 | -26.3% |
| Operating profit (loss) | 9901 | €2,829 | -€31,263 | -€34,091 | |
| Financial income | 75/76B | €27 | €37 | +€10 | +37.6% |
| Recurring financial income | 75 | €27 | €37 | +€10 | +37.6% |
| Financial charges | 65/66B | €2,969 | €2,481 | -€488 | -16.4% |
| Recurring financial charges | 65 | €2,969 | €2,481 | -€488 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€114 | -€33,707 | -€33,593 | -29,431% |
| Profit (loss) for the period | 9904 | -€114 | -€33,707 | -€33,593 | -29,431% |
| Profit (loss) for the period to be appropriated | 9905 | -€114 | -€33,707 | -€33,593 | -29,431% |
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 15 October 2026 via checked.be.