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SIMCARE: 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.

What changed

SIMCARE

BE 0788.711.453
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€77,992
2024 · €70,365+€7,627
Equity
€2,000
2024 · €152,306-€150,306
Cash
€79,315
2024 · €123,853-€44,538
Balance sheet total
€102,056
2024 · €153,565-€51,509

Largest movements

2024 to 2025
Assets
  • Cash -€44,538

    down €44,538 (-36.0%), from €123,853 to €79,315

    mainly Contributions, distributions and other (-€228,298)

  • Tangible fixed assets -€5,729

    down €5,729 (-82.7%), from €6,925 to €1,196

    of which Furniture and vehicles: -€5,519

Equity and liabilities
  • Profit (loss) carried forward -€150,306

    no longer reported in 2025 (was €150,306)

  • Other debts +€64,251

    up €64,251 (+8636.4%), from €744 to €64,995

  • Tax, wage and social debts +€34,245

    up €34,245 (+11659.8%), from €294 to €34,538

Income statement
  • Gross operating margin +€15,361

    up €15,361 (+15.9%), from €96,441 to €111,802

  • Taxes +€7,951

    up €7,951 (+40.9%), from €19,455 to €27,406

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €70,365
Gross operating margin +€15,361
Depreciation +€210
Other operating charges -€20
Financial charges +€27
Taxes -€7,951
Result 2025 €77,992

Cash bridge derived

cash 2024 to 2025

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.

From operations +€183,760
Investment €0
Financing -€228,298
Cash 2024 €123,853
Net result for the year +€77,992
Depreciation +€5,729
Receivables within one year +€1,056
Smaller working-capital items +€487
Tax, wage and social debts +€34,245
Other debts +€64,251
Contributions, distributions and other -€228,298
Cash 2025 €79,315
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €153,565 €102,056 -€51,509 -33.5%
Fixed assets 21/28 €6,925 €1,196 -€5,729 -82.7%
Tangible fixed assets 22/27 €6,925 €1,196 -€5,729 -82.7%
Plant, machinery and equipment 23 €210 - -€210
Furniture and vehicles 24 €6,715 €1,196 -€5,519 -82.2%
Current assets 29/58 €146,639 €100,859 -€45,780 -31.2%
Amounts receivable within one year 40/41 €22,600 €21,544 -€1,056 -4.7%
Trade receivables 40 €15,100 €3,050 -€12,050 -79.8%
Other amounts receivable 41 €7,500 €18,494 +€10,994 +146.6%
Cash at bank and in hand 54/58 €123,853 €79,315 -€44,538 -36.0%
Deferred charges and accrued income 490/1 €186 - -€186
Total equity and liabilities 10/49 €153,565 €102,056 -€51,509 -33.5%
Equity 10/15 €152,306 €2,000 -€150,306 -98.7%
Contributions 10/11 €2,000 €2,000 = 0.0%
Profit (loss) carried forward 14 €150,306 - -€150,306
Amounts payable 17/49 €1,258 €100,056 +€98,797 +7852.2%
Amounts payable within one year 42/48 €1,258 €100,056 +€98,797 +7852.2%
Trade debts 44 €221 €522 +€301 +136.6%
Suppliers 440/4 €221 €522 +€301 +136.6%
Taxes, remuneration and social security 45 €294 €34,538 +€34,245 +11659.8%
Taxes 450/3 €294 €34,538 +€34,245 +11659.8%
Other amounts payable 47/48 €744 €64,995 +€64,251 +8636.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,939 €5,729 -€210 -3.5%
Other operating charges 640/8 €609 €629 +€20 +3.3%
Gross operating margin 9900 €96,441 €111,802 +€15,361 +15.9%
Operating profit (loss) 9901 €89,893 €105,444 +€15,551 +17.3%
Financial charges 65/66B €73 €46 -€27 -36.9%
Recurring financial charges 65 €73 €46 -€27 -36.9%
Profit (loss) for the period before taxes 9903 €89,820 €105,397 +€15,578 +17.3%
Income taxes 67/77 €19,455 €27,406 +€7,951 +40.9%
Profit (loss) for the period 9904 €70,365 €77,992 +€7,627 +10.8%
Profit (loss) for the period to be appropriated 9905 €70,365 €77,992 +€7,627 +10.8%

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 29 September 2026 via checked.be.