SIMFIL: 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.
SIMFIL
Largest movements
- Tangible fixed assets -€28,771
down €28,771 (-19.9%), from €144,750 to €115,978
- Receivables within one year +€7,816
up €7,816 (+20.0%), from €39,159 to €46,975
of which Other amounts receivable: +€15,000
- Cash +€5,185
up €5,185 (+19.4%), from €26,681 to €31,866
mainly Depreciation (+€28,771) and Tax, wage and social debts (+€1,310)
- Profit (loss) carried forward -€17,080
down €17,080 (-4.2%), from -€411,327 to -€428,407
- Gross operating margin -€5,550
down €5,550 (-19.8%), from €28,072 to €22,522
- Taxes -€1,554
down €1,554 (-28.0%), from €5,558 to €4,004
- Turnover -€1,220
down €1,220 (-3.2%), from €38,332 to €37,112
- Depreciation -€1,220
down €1,220 (-4.1%), from €29,992 to €28,771
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 | €215,092 | €199,321 | -€15,771 | -7.3% |
| Fixed assets | 21/28 | €144,750 | €115,978 | -€28,771 | -19.9% |
| Tangible fixed assets | 22/27 | €144,750 | €115,978 | -€28,771 | -19.9% |
| Land and buildings | 22 | €144,750 | €115,978 | -€28,771 | -19.9% |
| Current assets | 29/58 | €70,342 | €83,343 | +€13,001 | +18.5% |
| Amounts receivable within one year | 40/41 | €39,159 | €46,975 | +€7,816 | +20.0% |
| Trade receivables | 40 | €9,159 | €1,975 | -€7,184 | -78.4% |
| Other amounts receivable | 41 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €26,681 | €31,866 | +€5,185 | +19.4% |
| Deferred charges and accrued income | 490/1 | €4,501 | €4,501 | = | 0.0% |
| Total equity and liabilities | 10/49 | €215,092 | €199,321 | -€15,771 | -7.3% |
| Equity | 10/15 | €198,624 | €181,543 | -€17,080 | -8.6% |
| Revaluation surpluses | 12 | €560,000 | €560,000 | = | 0.0% |
| Reserves | 13 | €49,951 | €49,951 | = | 0.0% |
| Non-distributable reserves | 130/1 | €49,951 | €49,951 | = | 0.0% |
| Other | 1319 | €49,951 | €49,951 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€411,327 | -€428,407 | -€17,080 | -4.2% |
| Amounts payable | 17/49 | €16,468 | €17,778 | +€1,310 | +8.0% |
| Amounts payable after more than one year | 17 | €8,471 | €8,471 | = | 0.0% |
| Other amounts payable | 178/9 | €8,471 | €8,471 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,998 | €9,307 | +€1,310 | +16.4% |
| Taxes, remuneration and social security | 45 | €7,998 | €9,307 | +€1,310 | +16.4% |
| Taxes | 450/3 | €7,998 | €9,307 | +€1,310 | +16.4% |
| Turnover | 70 | €38,332 | €37,112 | -€1,220 | -3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,992 | €28,771 | -€1,220 | -4.1% |
| Other operating charges | 640/8 | €6,561 | €6,767 | +€206 | +3.1% |
| Gross operating margin | 9900 | €28,072 | €22,522 | -€5,550 | -19.8% |
| Operating profit (loss) | 9901 | -€8,480 | -€13,016 | -€4,536 | -53.5% |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,540 | -€13,076 | -€4,536 | -53.1% |
| Income taxes | 67/77 | €5,558 | €4,004 | -€1,554 | -28.0% |
| Profit (loss) for the period | 9904 | -€14,099 | -€17,080 | -€2,982 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,099 | -€17,080 | -€2,982 | -21.1% |
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 6 October 2026 via checked.be.