SIMCO SYNDIC: 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 SYNDIC
Largest movements
- Financial fixed assets +€6,000
new in 2025: €6,000
- Deferred charges and accrued income +€5,850
up €5,850 (+721%), from €811 to €6,661
- Intangible fixed assets +€1,054
new in 2025: €1,054
- Cash -€925
down €925 (-10.6%), from €8,708 to €7,783
mainly Investment in fixed assets (net) (-€7,200) and Deferred charges and accrued income (-€5,850)
- Receivables within one year -€845
down €845 (-8.5%), from €9,901 to €9,056
of which Trade receivables: -€845
- Profit (loss) carried forward +€6,455
up €6,455 (+43.9%), from €14,703 to €21,158
- Tax, wage and social debts +€2,833
up €2,833 (+94.3%), from €3,005 to €5,838
of which Taxes: +€2,699
- Trade debts +€1,280
new in 2025: €1,280
- Gross operating margin -€7,424
down €7,424 (-33.7%), from €22,041 to €14,617
- Financial charges +€2,340
up €2,340 (+458,829%), from €1 to €2,341
- Taxes -€1,054
down €1,054 (-23.4%), from €4,509 to €3,455
- Depreciation -€587
down €587 (-55.4%), from €1,059 to €472
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 | €20,168 | €30,976 | +€10,808 | +53.6% |
| Fixed assets | 21/28 | €748 | €7,476 | +€6,728 | +899% |
| Intangible fixed assets | 21 | - | €1,054 | +€1,054 | |
| Tangible fixed assets | 22/27 | €748 | €422 | -€326 | -43.6% |
| Furniture and vehicles | 24 | €748 | €422 | -€326 | -43.6% |
| Financial fixed assets | 28 | - | €6,000 | +€6,000 | |
| Current assets | 29/58 | €19,420 | €23,500 | +€4,080 | +21.0% |
| Amounts receivable within one year | 40/41 | €9,901 | €9,056 | -€845 | -8.5% |
| Trade receivables | 40 | €9,610 | €8,765 | -€845 | -8.8% |
| Other amounts receivable | 41 | €291 | €291 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,708 | €7,783 | -€925 | -10.6% |
| Deferred charges and accrued income | 490/1 | €811 | €6,661 | +€5,850 | +721% |
| Total equity and liabilities | 10/49 | €20,168 | €30,976 | +€10,808 | +53.6% |
| Equity | 10/15 | €16,203 | €22,658 | +€6,455 | +39.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Contributions outside capital | 11 | €1,500 | - | -€1,500 | |
| Other | 1109/19 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | €14,703 | €21,158 | +€6,455 | +43.9% |
| Amounts payable | 17/49 | €3,965 | €8,318 | +€4,353 | +110% |
| Amounts payable within one year | 42/48 | €3,961 | €8,318 | +€4,357 | +110% |
| Trade debts | 44 | - | €1,280 | +€1,280 | |
| Suppliers | 440/4 | - | €1,280 | +€1,280 | |
| Taxes, remuneration and social security | 45 | €3,005 | €5,838 | +€2,833 | +94.3% |
| Taxes | 450/3 | €1,439 | €4,138 | +€2,699 | +188% |
| Remuneration and social security | 454/9 | €1,566 | €1,700 | +€134 | +8.6% |
| Other amounts payable | 47/48 | €956 | €1,200 | +€245 | +25.6% |
| Accrued charges and deferred income | 492/3 | €4 | - | -€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,059 | €472 | -€587 | -55.4% |
| Other operating charges | 640/8 | €1,770 | €1,895 | +€126 | +7.1% |
| Gross operating margin | 9900 | €22,041 | €14,617 | -€7,424 | -33.7% |
| Operating profit (loss) | 9901 | €19,213 | €12,250 | -€6,962 | -36.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €1 | €2,341 | +€2,340 | +458,829% |
| Recurring financial charges | 65 | €1 | €2,341 | +€2,340 | +458,829% |
| Profit (loss) for the period before taxes | 9903 | €19,212 | €9,910 | -€9,302 | -48.4% |
| Income taxes | 67/77 | €4,509 | €3,455 | -€1,054 | -23.4% |
| Profit (loss) for the period | 9904 | €14,703 | €6,455 | -€8,248 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,703 | €6,455 | -€8,248 | -56.1% |
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 15 October 2026 via checked.be.