SIMCA INVEST: 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.
SIMCA INVEST
Largest movements
- Current investments +€150,000
up €150,000, from €0 to €150,000
- Cash -€77,673
down €77,673 (-52.8%), from €146,972 to €69,299
mainly Current investments (-€150,000) and Contributions, distributions and other (-€12,135)
- Receivables within one year -€15,310
down €15,310 (-52.5%), from €29,176 to €13,866
of which Other amounts receivable: -€14,800
- Other debts +€48,741
up €48,741 (+323.1%), from €15,085 to €63,826
- Reserves +€5,740
up €5,740 (+4.0%), from €142,475 to €148,215
- Trade debts +€3,620
up €3,620 (+289.6%), from €1,250 to €4,870
- Gross operating margin -€38,942
down €38,942 (-53.2%), from €73,200 to €34,258
- Taxes -€8,733
down €8,733 (-38.1%), from €22,926 to €14,193
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 | €180,648 | €237,826 | +€57,178 | +31.7% |
| Fixed assets | 21/28 | €4,500 | €4,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,500 | €4,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €176,148 | €233,326 | +€57,178 | +32.5% |
| Amounts receivable within one year | 40/41 | €29,176 | €13,866 | -€15,310 | -52.5% |
| Trade receivables | 40 | €10,510 | €10,000 | -€510 | -4.9% |
| Other amounts receivable | 41 | €18,666 | €3,866 | -€14,800 | -79.3% |
| Current investments | 50/53 | €0 | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €146,972 | €69,299 | -€77,673 | -52.8% |
| Deferred charges and accrued income | 490/1 | €0 | €160 | +€160 | |
| Total equity and liabilities | 10/49 | €180,648 | €237,826 | +€57,178 | +31.7% |
| Equity | 10/15 | €162,475 | €168,215 | +€5,740 | +3.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €142,475 | €148,215 | +€5,740 | +4.0% |
| Distributable reserves | 133 | €142,475 | €148,215 | +€5,740 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,173 | €69,611 | +€51,438 | +283.1% |
| Amounts payable within one year | 42/48 | €18,173 | €69,611 | +€51,438 | +283.1% |
| Trade debts | 44 | €1,250 | €4,870 | +€3,620 | +289.6% |
| Suppliers | 440/4 | €1,250 | €4,870 | +€3,620 | +289.6% |
| Taxes, remuneration and social security | 45 | €1,838 | €915 | -€923 | -50.2% |
| Taxes | 450/3 | €1,838 | €915 | -€923 | -50.2% |
| Other amounts payable | 47/48 | €15,085 | €63,826 | +€48,741 | +323.1% |
| Other operating charges | 640/8 | €513 | €1,180 | +€667 | +129.9% |
| Gross operating margin | 9900 | €73,200 | €34,258 | -€38,942 | -53.2% |
| Operating profit (loss) | 9901 | €72,687 | €33,078 | -€39,609 | -54.5% |
| Financial income | 75/76B | €1,804 | €1,481 | -€323 | -17.9% |
| Recurring financial income | 75 | €1,804 | €1,481 | -€323 | -17.9% |
| Financial charges | 65/66B | €2,544 | €2,491 | -€53 | -2.1% |
| Recurring financial charges | 65 | €2,544 | €2,491 | -€53 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €71,947 | €32,068 | -€39,879 | -55.4% |
| Income taxes | 67/77 | €22,926 | €14,193 | -€8,733 | -38.1% |
| Profit (loss) for the period | 9904 | €49,021 | €17,875 | -€31,146 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €49,021 | €17,875 | -€31,146 | -63.5% |
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 12 October 2026 via checked.be.