SIMEDIO: 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.
SIMEDIO
Largest movements
- Tangible fixed assets -€25,543
down €25,543 (-40.5%), from €63,100 to €37,557
of which Furniture and vehicles: -€24,428
- Current investments -€11,954
down €11,954 (-21.2%), from €56,304 to €44,350
- Receivables within one year -€11,423
down €11,423 (-12.4%), from €92,175 to €80,753
of which Trade receivables: -€41,933
- Cash -€8,519
down €8,519 (-35.4%), from €24,045 to €15,526
mainly Current portion of long-term debt (-€15,690) and Contributions, distributions and other (-€13,000)
- Stocks and contracts +€7,459
up €7,459 (+106%), from €7,059 to €14,518
- Current portion of long-term debt -€15,690
down €15,690 (-100%), from €15,690 to €0
- Reserves -€13,000
down €13,000 (-8.9%), from €145,500 to €132,500
- Other debts -€9,796
down €9,796 (-43.0%), from €22,796 to €13,000
- Trade debts -€3,719
down €3,719 (-26.1%), from €14,257 to €10,539
- Tax, wage and social debts -€3,241
down €3,241 (-24.0%), from €13,511 to €10,270
- Gross operating margin -€49,648
down €49,648 (-62.8%), from €79,057 to €29,410
- Taxes -€12,551
down €12,551 (-78.9%), from €15,907 to €3,356
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 | €242,707 | €195,655 | -€47,051 | -19.4% |
| Fixed assets | 21/28 | €63,100 | €38,807 | -€24,293 | -38.5% |
| Tangible fixed assets | 22/27 | €63,100 | €37,557 | -€25,543 | -40.5% |
| Furniture and vehicles | 24 | €55,033 | €30,605 | -€24,428 | -44.4% |
| Other tangible fixed assets | 26 | €8,066 | €6,952 | -€1,114 | -13.8% |
| Financial fixed assets | 28 | - | €1,250 | +€1,250 | |
| Current assets | 29/58 | €179,607 | €156,849 | -€22,758 | -12.7% |
| Stocks and contracts in progress | 3 | €7,059 | €14,518 | +€7,459 | +106% |
| Stocks | 30/36 | €7,059 | €14,518 | +€7,459 | +106% |
| Amounts receivable within one year | 40/41 | €92,175 | €80,753 | -€11,423 | -12.4% |
| Trade receivables | 40 | €92,175 | €50,242 | -€41,933 | -45.5% |
| Other amounts receivable | 41 | €0 | €30,511 | +€30,511 | |
| Current investments | 50/53 | €56,304 | €44,350 | -€11,954 | -21.2% |
| Cash at bank and in hand | 54/58 | €24,045 | €15,526 | -€8,519 | -35.4% |
| Deferred charges and accrued income | 490/1 | €23 | €1,702 | +€1,680 | +7,386% |
| Total equity and liabilities | 10/49 | €242,707 | €195,655 | -€47,051 | -19.4% |
| Equity | 10/15 | €173,827 | €158,478 | -€15,348 | -8.8% |
| Contributions | 10/11 | €8,075 | €8,075 | = | 0.0% |
| Reserves | 13 | €145,500 | €132,500 | -€13,000 | -8.9% |
| Distributable reserves | 133 | €145,500 | €132,500 | -€13,000 | -8.9% |
| Profit (loss) carried forward | 14 | €20,252 | €17,903 | -€2,348 | -11.6% |
| Amounts payable | 17/49 | €68,880 | €37,177 | -€31,703 | -46.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €68,821 | €36,367 | -€32,454 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €15,690 | €0 | -€15,690 | -100% |
| Financial debts | 43 | €2,566 | €2,558 | -€8 | -0.3% |
| Credit institutions | 430/8 | €2,566 | €2,558 | -€8 | -0.3% |
| Trade debts | 44 | €14,257 | €10,539 | -€3,719 | -26.1% |
| Suppliers | 440/4 | €14,257 | €10,539 | -€3,719 | -26.1% |
| Taxes, remuneration and social security | 45 | €13,511 | €10,270 | -€3,241 | -24.0% |
| Taxes | 450/3 | €13,511 | €10,270 | -€3,241 | -24.0% |
| Other amounts payable | 47/48 | €22,796 | €13,000 | -€9,796 | -43.0% |
| Accrued charges and deferred income | 492/3 | €59 | €811 | +€751 | +1,263% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,638 | €26,638 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,664 | €1,172 | -€492 | -29.6% |
| Non-recurring operating charges | 66A | €126 | €0 | -€126 | -100% |
| Gross operating margin | 9900 | €79,057 | €29,410 | -€49,648 | -62.8% |
| Operating profit (loss) | 9901 | €50,628 | €1,600 | -€49,028 | -96.8% |
| Financial income | 75/76B | €437 | €509 | +€72 | +16.5% |
| Recurring financial income | 75 | €437 | €509 | +€72 | +16.5% |
| Financial charges | 65/66B | €1,558 | €1,101 | -€457 | -29.3% |
| Recurring financial charges | 65 | €1,558 | €1,101 | -€457 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €49,507 | €1,008 | -€48,499 | -98.0% |
| Income taxes | 67/77 | €15,907 | €3,356 | -€12,551 | -78.9% |
| Profit (loss) for the period | 9904 | €33,600 | -€2,348 | -€35,948 | |
| Transfer from tax-exempt reserves | 789 | €17,300 | €0 | -€17,300 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €50,900 | -€2,348 | -€53,248 |
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 30 October 2026 via checked.be.