SIMI: 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.
SIMI
Largest movements
- Intangible fixed assets +€34,250
up €34,250 (+93.6%), from €36,596 to €70,846
- Receivables within one year +€27,383
up €27,383 (+2,364%), from €1,158 to €28,541
- Other debts +€77,833
up €77,833 (+86.5%), from €90,002 to €167,835
- Profit (loss) carried forward -€18,784
down €18,784 (-30.1%), from -€62,424 to -€81,208
- Trade debts +€2,409
up €2,409 (+84.0%), from €2,869 to €5,278
- Depreciation +€7,750
up €7,750 (+310%), from €2,500 to €10,250
- Gross operating margin +€7,716
up €7,716 (+48.2%), from -€16,017 to -€8,301
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 | €37,947 | €99,405 | +€61,458 | +162% |
| Fixed assets | 21/28 | €36,596 | €70,846 | +€34,250 | +93.6% |
| Intangible fixed assets | 21 | €36,596 | €70,846 | +€34,250 | +93.6% |
| Current assets | 29/58 | €1,351 | €28,559 | +€27,208 | +2,014% |
| Amounts receivable within one year | 40/41 | €1,158 | €28,541 | +€27,383 | +2,364% |
| Other amounts receivable | 41 | €1,158 | €28,541 | +€27,383 | +2,364% |
| Cash at bank and in hand | 54/58 | €193 | €18 | -€175 | -90.7% |
| Total equity and liabilities | 10/49 | €37,947 | €99,405 | +€61,458 | +162% |
| Equity | 10/15 | -€54,924 | -€73,708 | -€18,784 | -34.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,424 | -€81,208 | -€18,784 | -30.1% |
| Amounts payable | 17/49 | €92,870 | €173,113 | +€80,242 | +86.4% |
| Amounts payable within one year | 42/48 | €92,870 | €173,113 | +€80,242 | +86.4% |
| Trade debts | 44 | €2,869 | €5,278 | +€2,409 | +84.0% |
| Suppliers | 440/4 | €2,869 | €5,278 | +€2,409 | +84.0% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €90,002 | €167,835 | +€77,833 | +86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €10,250 | +€7,750 | +310% |
| Gross operating margin | 9900 | -€16,017 | -€8,301 | +€7,716 | +48.2% |
| Operating profit (loss) | 9901 | -€18,517 | -€18,551 | -€34 | -0.2% |
| Financial charges | 65/66B | €362 | €234 | -€128 | -35.4% |
| Recurring financial charges | 65 | €362 | €234 | -€128 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,878 | -€18,784 | +€94 | +0.5% |
| Profit (loss) for the period | 9904 | -€18,878 | -€18,784 | +€94 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,878 | -€18,784 | +€94 | +0.5% |
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 14 October 2026 via checked.be.