Skip to content

SIMERO: 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

SIMERO

BE 0839.348.720
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,634
2024 · -€2,936+€302
Equity
-€33,489
2024 · -€30,855-€2,634
Cash
€14
2024 · €675-€661
Balance sheet total
€1,118
2024 · €1,779-€661

Largest movements

2024 to 2025
Assets
  • Cash -€661

    down €661 (-97.9%), from €675 to €14

    mainly Current portion of long-term debt (-€8,486) and Net result for the year (-€2,634)

Equity and liabilities
  • Current portion of long-term debt -€8,486

    down €8,486 (-52.1%), from €16,273 to €7,787

  • Debts after one year +€8,277

    up €8,277 (+53.7%), from €15,402 to €23,680

  • Profit (loss) carried forward -€2,634

    down €2,634 (-6.9%), from -€37,959 to -€40,593

  • Trade debts +€2,182

    up €2,182 (+227.5%), from €959 to €3,141

Income statement
  • Financial charges -€363

    down €363 (-44.5%), from €816 to €453

  • Gross operating margin -€62

    down €62 (-2.9%), from -€2,120 to -€2,182

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 -€2,936
Gross operating margin -€62
Financial charges +€363
Result 2025 -€2,634

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 -€453
Investment €0
Financing -€208
Cash 2024 €675
Net result for the year -€2,634
Trade debts +€2,182
Debts after one year +€8,277
Current portion of long-term debt -€8,486
Cash 2025 €14
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,779 €1,118 -€661 -37.1%
Current assets 29/58 €1,779 €1,118 -€661 -37.1%
Amounts receivable within one year 40/41 €1,104 €1,104 = 0.0%
Other amounts receivable 41 €1,104 €1,104 = 0.0%
Cash at bank and in hand 54/58 €675 €14 -€661 -97.9%
Total equity and liabilities 10/49 €1,779 €1,118 -€661 -37.1%
Equity 10/15 -€30,855 -€33,489 -€2,634 -8.5%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €904 €904 = 0.0%
Distributable reserves 133 €904 €904 = 0.0%
Profit (loss) carried forward 14 -€37,959 -€40,593 -€2,634 -6.9%
Amounts payable 17/49 €32,634 €34,608 +€1,974 +6.0%
Amounts payable after more than one year 17 €15,402 €23,680 +€8,277 +53.7%
Financial debts 170/4 €15,402 €23,680 +€8,277 +53.7%
Amounts payable within one year 42/48 €17,232 €10,928 -€6,304 -36.6%
Current portion of amounts payable after more than one year 42 €16,273 €7,787 -€8,486 -52.1%
Trade debts 44 €959 €3,141 +€2,182 +227.5%
Suppliers 440/4 €959 €3,141 +€2,182 +227.5%
Gross operating margin 9900 -€2,120 -€2,182 -€62 -2.9%
Operating profit (loss) 9901 -€2,120 -€2,182 -€62 -2.9%
Financial charges 65/66B €816 €453 -€363 -44.5%
Recurring financial charges 65 €816 €453 -€363 -44.5%
Profit (loss) for the period before taxes 9903 -€2,936 -€2,634 +€302 +10.3%
Profit (loss) for the period 9904 -€2,936 -€2,634 +€302 +10.3%
Profit (loss) for the period to be appropriated 9905 -€2,936 -€2,634 +€302 +10.3%

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 28 September 2026 via checked.be.