SimCo 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.
SimCo Invest
Largest movements
- Tangible fixed assets +€115,917
up €115,917 (+17.6%), from €658,636 to €774,553
- Receivables within one year -€77,647
down €77,647 (-98.0%), from €79,229 to €1,582
of which Trade receivables: -€76,808
- Debts after one year +€219,481
up €219,481 (+49.6%), from €442,096 to €661,577
- Trade debts -€196,158
down €196,158 (-99.7%), from €196,782 to €623
- Current portion of long-term debt +€9,242
up €9,242 (+52.7%), from €17,545 to €26,787
- Profit (loss) carried forward +€8,091
up €8,091 (+11.0%), from €73,868 to €81,958
- Financial charges +€5,648
up €5,648 (+27.2%), from €20,750 to €26,398
- Other operating charges +€5,579
up €5,579 (+48.3%), from €11,555 to €17,135
- Taxes -€1,734
down €1,734 (-29.3%), from €5,920 to €4,185
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 | €740,859 | €785,546 | +€44,686 | +6.0% |
| Fixed assets | 21/28 | €658,636 | €774,553 | +€115,917 | +17.6% |
| Tangible fixed assets | 22/27 | €658,636 | €774,553 | +€115,917 | +17.6% |
| Land and buildings | 22 | €658,636 | €774,553 | +€115,917 | +17.6% |
| Current assets | 29/58 | €82,223 | €10,993 | -€71,230 | -86.6% |
| Amounts receivable within one year | 40/41 | €79,229 | €1,582 | -€77,647 | -98.0% |
| Trade receivables | 40 | €76,808 | €0 | -€76,808 | -100% |
| Other amounts receivable | 41 | €2,421 | €1,582 | -€839 | -34.7% |
| Cash at bank and in hand | 54/58 | €2,994 | €9,411 | +€6,417 | +214% |
| Total equity and liabilities | 10/49 | €740,859 | €785,546 | +€44,686 | +6.0% |
| Equity | 10/15 | €78,868 | €86,958 | +€8,091 | +10.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,868 | €81,958 | +€8,091 | +11.0% |
| Amounts payable | 17/49 | €661,992 | €698,587 | +€36,596 | +5.5% |
| Amounts payable after more than one year | 17 | €442,096 | €661,577 | +€219,481 | +49.6% |
| Financial debts | 170/4 | €442,096 | €661,577 | +€219,481 | +49.6% |
| Amounts payable within one year | 42/48 | €219,896 | €37,011 | -€182,885 | -83.2% |
| Current portion of amounts payable after more than one year | 42 | €17,545 | €26,787 | +€9,242 | +52.7% |
| Trade debts | 44 | €196,782 | €623 | -€196,158 | -99.7% |
| Suppliers | 440/4 | €196,782 | €623 | -€196,158 | -99.7% |
| Taxes, remuneration and social security | 45 | €160 | €1,791 | +€1,631 | +1,017% |
| Taxes | 450/3 | €160 | €1,791 | +€1,631 | +1,017% |
| Other amounts payable | 47/48 | €5,409 | €7,808 | +€2,400 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,084 | €29,083 | -€1 | 0.0% |
| Other operating charges | 640/8 | €11,555 | €17,135 | +€5,579 | +48.3% |
| Gross operating margin | 9900 | €84,764 | €84,732 | -€32 | 0.0% |
| Operating profit (loss) | 9901 | €44,125 | €38,514 | -€5,611 | -12.7% |
| Financial income | 75/76B | €0 | €160 | +€160 | |
| Recurring financial income | 75 | €0 | €160 | +€160 | |
| Financial charges | 65/66B | €20,750 | €26,398 | +€5,648 | +27.2% |
| Recurring financial charges | 65 | €20,750 | €26,398 | +€5,648 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €23,375 | €12,276 | -€11,099 | -47.5% |
| Income taxes | 67/77 | €5,920 | €4,185 | -€1,734 | -29.3% |
| Profit (loss) for the period | 9904 | €17,455 | €8,091 | -€9,365 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,455 | €8,091 | -€9,365 | -53.6% |
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 25 October 2026 via checked.be.