SIMCOMA: 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.
SIMCOMA
Largest movements
- Tangible fixed assets +€113,881
up €113,881 (+27.0%), from €421,292 to €535,174
of which Land and buildings: +€116,565
- Receivables within one year +€8,646
up €8,646 (+99.6%), from €8,683 to €17,330
- Intangible fixed assets -€8,000
down €8,000 (-44.5%), from €17,995 to €9,995
- Debts after one year +€111,410
up €111,410 (+26.1%), from €427,158 to €538,568
of which Financial debts: +€111,410
- Profit (loss) carried forward +€7,127
up €7,127 (+10.8%), from -€65,999 to -€58,872
- Gross operating margin +€77,557
up €77,557 (+272.0%), from €28,510 to €106,067
- Staff costs +€31,437
up €31,437 (+307.6%), from €10,220 to €41,657
- Depreciation +€6,200
up €6,200 (+17.3%), from €35,791 to €41,991
- Financial income -€1,482
down €1,482 (-100.0%), from €1,482 to €0
- Financial charges +€1,296
up €1,296 (+13.5%), from €9,568 to €10,864
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 | €470,009 | €587,289 | +€117,281 | +25.0% |
| Fixed assets | 21/28 | €439,287 | €545,168 | +€105,881 | +24.1% |
| Intangible fixed assets | 21 | €17,995 | €9,995 | -€8,000 | -44.5% |
| Tangible fixed assets | 22/27 | €421,292 | €535,174 | +€113,881 | +27.0% |
| Land and buildings | 22 | €361,088 | €477,653 | +€116,565 | +32.3% |
| Plant, machinery and equipment | 23 | €40,791 | €41,508 | +€716 | +1.8% |
| Furniture and vehicles | 24 | €19,413 | €16,012 | -€3,401 | -17.5% |
| Current assets | 29/58 | €30,722 | €42,121 | +€11,399 | +37.1% |
| Stocks and contracts in progress | 3 | €9,607 | €15,322 | +€5,714 | +59.5% |
| Stocks | 30/36 | €9,607 | €15,322 | +€5,714 | +59.5% |
| Amounts receivable within one year | 40/41 | €8,683 | €17,330 | +€8,646 | +99.6% |
| Trade receivables | 40 | €8,683 | €17,330 | +€8,646 | +99.6% |
| Cash at bank and in hand | 54/58 | €10,341 | €8,373 | -€1,967 | -19.0% |
| Deferred charges and accrued income | 490/1 | €2,090 | €1,096 | -€994 | -47.6% |
| Total equity and liabilities | 10/49 | €470,009 | €587,289 | +€117,281 | +25.0% |
| Equity | 10/15 | -€64,999 | -€57,872 | +€7,127 | +11.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,999 | -€58,872 | +€7,127 | +10.8% |
| Amounts payable | 17/49 | €535,007 | €645,161 | +€110,153 | +20.6% |
| Amounts payable after more than one year | 17 | €427,158 | €538,568 | +€111,410 | +26.1% |
| Financial debts | 170/4 | €384,685 | €496,095 | +€111,410 | +29.0% |
| Other amounts payable | 178/9 | €42,473 | €42,473 | = | 0.0% |
| Amounts payable within one year | 42/48 | €106,984 | €106,593 | -€392 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €53,443 | €51,057 | -€2,386 | -4.5% |
| Trade debts | 44 | €18,285 | €20,626 | +€2,341 | +12.8% |
| Suppliers | 440/4 | €18,285 | €20,626 | +€2,341 | +12.8% |
| Taxes, remuneration and social security | 45 | €2,382 | €2,443 | +€61 | +2.5% |
| Remuneration and social security | 454/9 | €2,382 | €2,443 | +€61 | +2.5% |
| Other amounts payable | 47/48 | €32,874 | €32,466 | -€408 | -1.2% |
| Accrued charges and deferred income | 492/3 | €865 | - | -€865 | |
| Remuneration, social security and pensions | 62 | €10,220 | €41,657 | +€31,437 | +307.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,791 | €41,991 | +€6,200 | +17.3% |
| Other operating charges | 640/8 | €4,168 | €4,209 | +€41 | +1.0% |
| Gross operating margin | 9900 | €28,510 | €106,067 | +€77,557 | +272.0% |
| Operating profit (loss) | 9901 | -€21,669 | €18,210 | +€39,879 | |
| Financial income | 75/76B | €1,482 | €0 | -€1,482 | -100.0% |
| Recurring financial income | 75 | €1,482 | €0 | -€1,482 | -100.0% |
| Financial charges | 65/66B | €9,568 | €10,864 | +€1,296 | +13.5% |
| Recurring financial charges | 65 | €9,568 | €10,864 | +€1,296 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | -€29,755 | €7,347 | +€37,102 | |
| Income taxes | 67/77 | €222 | €219 | -€2 | -1.1% |
| Profit (loss) for the period | 9904 | -€29,977 | €7,127 | +€37,104 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,977 | €7,127 | +€37,104 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.