Simay: 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.
Simay
Largest movements
- Cash -€4,090
down €4,090 (-14.3%), from €28,630 to €24,539
mainly Investment in fixed assets (net) (-€7,601) and Other debts (-€7,206)
- Tangible fixed assets +€3,866
up €3,866 (+21.5%), from €17,969 to €21,835
of which Furniture and vehicles: +€3,602
- Intangible fixed assets -€1,000
down €1,000 (-13.5%), from €7,414 to €6,414
- Other debts -€7,206
down €7,206 (-41.7%), from €17,295 to €10,089
- Tax, wage and social debts +€4,762
up €4,762 (+49.9%), from €9,544 to €14,306
of which Remuneration and social security: +€5,531
- Trade debts -€3,474
down €3,474 (-25.9%), from €13,414 to €9,940
- Accrued charges and deferred income +€2,357
new in 2025: €2,357
- Reserves +€2,182
up €2,182 (+13.1%), from €16,612 to €18,794
- Staff costs +€13,242
up €13,242 (+69.6%), from €19,025 to €32,267
- Gross operating margin +€2,982
up €2,982 (+7.0%), from €42,749 to €45,732
- Taxes -€2,039
down €2,039 (-59.5%), from €3,424 to €1,386
- Other operating charges +€1,792
up €1,792 (+119.0%), from €1,507 to €3,299
- Depreciation +€1,629
up €1,629 (+52.4%), from €3,107 to €4,735
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 | €61,865 | €60,486 | -€1,379 | -2.2% |
| Fixed assets | 21/28 | €30,843 | €33,708 | +€2,866 | +9.3% |
| Intangible fixed assets | 21 | €7,414 | €6,414 | -€1,000 | -13.5% |
| Tangible fixed assets | 22/27 | €17,969 | €21,835 | +€3,866 | +21.5% |
| Plant, machinery and equipment | 23 | €17,969 | €18,233 | +€264 | +1.5% |
| Furniture and vehicles | 24 | - | €3,602 | +€3,602 | |
| Financial fixed assets | 28 | €5,460 | €5,460 | = | 0.0% |
| Current assets | 29/58 | €31,022 | €26,778 | -€4,245 | -13.7% |
| Stocks and contracts in progress | 3 | €1,750 | €1,750 | = | 0.0% |
| Stocks | 30/36 | €1,750 | €1,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150 | - | -€150 | |
| Other amounts receivable | 41 | €150 | - | -€150 | |
| Cash at bank and in hand | 54/58 | €28,630 | €24,539 | -€4,090 | -14.3% |
| Deferred charges and accrued income | 490/1 | €493 | €488 | -€4 | -0.9% |
| Total equity and liabilities | 10/49 | €61,865 | €60,486 | -€1,379 | -2.2% |
| Equity | 10/15 | €21,612 | €23,794 | +€2,182 | +10.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,612 | €18,794 | +€2,182 | +13.1% |
| Distributable reserves | 133 | €16,612 | €18,794 | +€2,182 | +13.1% |
| Amounts payable | 17/49 | €40,253 | €36,692 | -€3,561 | -8.8% |
| Amounts payable within one year | 42/48 | €40,253 | €34,335 | -€5,918 | -14.7% |
| Trade debts | 44 | €13,414 | €9,940 | -€3,474 | -25.9% |
| Suppliers | 440/4 | €13,414 | €9,940 | -€3,474 | -25.9% |
| Taxes, remuneration and social security | 45 | €9,544 | €14,306 | +€4,762 | +49.9% |
| Taxes | 450/3 | €6,562 | €5,794 | -€769 | -11.7% |
| Remuneration and social security | 454/9 | €2,982 | €8,512 | +€5,531 | +185.5% |
| Other amounts payable | 47/48 | €17,295 | €10,089 | -€7,206 | -41.7% |
| Accrued charges and deferred income | 492/3 | - | €2,357 | +€2,357 | |
| Remuneration, social security and pensions | 62 | €19,025 | €32,267 | +€13,242 | +69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,107 | €4,735 | +€1,629 | +52.4% |
| Other operating charges | 640/8 | €1,507 | €3,299 | +€1,792 | +119.0% |
| Gross operating margin | 9900 | €42,749 | €45,732 | +€2,982 | +7.0% |
| Operating profit (loss) | 9901 | €19,111 | €5,430 | -€13,681 | -71.6% |
| Financial income | 75/76B | €6 | €4 | -€2 | -28.2% |
| Recurring financial income | 75 | €6 | €4 | -€2 | -28.2% |
| Financial charges | 65/66B | €1,639 | €1,867 | +€228 | +13.9% |
| Recurring financial charges | 65 | €1,639 | €1,867 | +€228 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €17,478 | €3,568 | -€13,910 | -79.6% |
| Income taxes | 67/77 | €3,424 | €1,386 | -€2,039 | -59.5% |
| Profit (loss) for the period | 9904 | €14,053 | €2,182 | -€11,871 | -84.5% |
| Profit (loss) for the period to be appropriated | 9905 | €14,053 | €2,182 | -€11,871 | -84.5% |
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 11 October 2026 via checked.be.