SIMIACON: 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.
SIMIACON
Largest movements
- Receivables within one year +€184,965
up €184,965 (+131%), from €140,795 to €325,760
of which Trade receivables: +€190,240
- Tangible fixed assets -€8,025
down €8,025 (-31.9%), from €25,195 to €17,170
- Cash -€7,887
down €7,887 (-67.0%), from €11,774 to €3,887
mainly Receivables within one year (-€184,965) and Tax, wage and social debts (-€31,297)
- Other debts +€113,148
up €113,148 (+349%), from €32,416 to €145,564
- Reserves +€92,506
up €92,506 (+83.5%), from €110,769 to €203,274
- Tax, wage and social debts -€31,297
down €31,297 (-44.7%), from €69,976 to €38,678
of which Taxes: -€23,482
- Current portion of long-term debt -€10,642
down €10,642 (-100%), from €10,642 to €0
- Accrued charges and deferred income +€5,378
up €5,378 (+332%), from €1,620 to €6,998
- Financial charges +€5,140
up €5,140 (+362%), from €1,422 to €6,561
- Gross operating margin +€2,283
up €2,283 (+1.6%), from €142,874 to €145,157
- Taxes -€1,766
down €1,766 (-4.7%), from €37,384 to €35,618
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €281,969 | €450,502 | +€168,534 | +59.8% |
| Fixed assets | 21/28 | €127,149 | €118,555 | -€8,593 | -6.8% |
| Tangible fixed assets | 22/27 | €25,195 | €17,170 | -€8,025 | -31.9% |
| Furniture and vehicles | 24 | €25,195 | €17,170 | -€8,025 | -31.9% |
| Financial fixed assets | 28 | €101,954 | €101,386 | -€568 | -0.6% |
| Current assets | 29/58 | €154,820 | €331,947 | +€177,127 | +114% |
| Amounts receivable within one year | 40/41 | €140,795 | €325,760 | +€184,965 | +131% |
| Trade receivables | 40 | €135,520 | €325,760 | +€190,240 | +140% |
| Other amounts receivable | 41 | €5,275 | €0 | -€5,275 | -100% |
| Cash at bank and in hand | 54/58 | €11,774 | €3,887 | -€7,887 | -67.0% |
| Deferred charges and accrued income | 490/1 | €2,251 | €2,300 | +€49 | +2.2% |
| Total equity and liabilities | 10/49 | €281,969 | €450,502 | +€168,534 | +59.8% |
| Equity | 10/15 | €160,569 | €253,074 | +€92,506 | +57.6% |
| Contributions | 10/11 | €49,800 | €49,800 | = | 0.0% |
| Reserves | 13 | €110,769 | €203,274 | +€92,506 | +83.5% |
| Distributable reserves | 133 | €110,769 | €203,274 | +€92,506 | +83.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €121,400 | €197,428 | +€76,028 | +62.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €119,780 | €190,430 | +€70,650 | +59.0% |
| Current portion of amounts payable after more than one year | 42 | €10,642 | €0 | -€10,642 | -100% |
| Financial debts | 43 | €31 | €1,782 | +€1,751 | +5,631% |
| Credit institutions | 430/8 | €31 | €1,782 | +€1,751 | +5,631% |
| Trade debts | 44 | €6,716 | €4,406 | -€2,310 | -34.4% |
| Suppliers | 440/4 | €6,716 | €4,406 | -€2,310 | -34.4% |
| Taxes, remuneration and social security | 45 | €69,976 | €38,678 | -€31,297 | -44.7% |
| Taxes | 450/3 | €62,161 | €38,678 | -€23,482 | -37.8% |
| Remuneration and social security | 454/9 | €7,815 | €0 | -€7,815 | -100% |
| Other amounts payable | 47/48 | €32,416 | €145,564 | +€113,148 | +349% |
| Accrued charges and deferred income | 492/3 | €1,620 | €6,998 | +€5,378 | +332% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,676 | €8,750 | +€74 | +0.9% |
| Other operating charges | 640/8 | €1,641 | €1,722 | +€81 | +4.9% |
| Gross operating margin | 9900 | €142,874 | €145,157 | +€2,283 | +1.6% |
| Operating profit (loss) | 9901 | €132,557 | €134,685 | +€2,128 | +1.6% |
| Financial income | 75/76B | €667 | €0 | -€667 | -100% |
| Recurring financial income | 75 | €667 | €0 | -€667 | -100% |
| Financial charges | 65/66B | €1,422 | €6,561 | +€5,140 | +362% |
| Recurring financial charges | 65 | €1,422 | €6,561 | +€5,140 | +362% |
| Profit (loss) for the period before taxes | 9903 | €131,802 | €128,124 | -€3,678 | -2.8% |
| Income taxes | 67/77 | €37,384 | €35,618 | -€1,766 | -4.7% |
| Profit (loss) for the period | 9904 | €94,418 | €92,506 | -€1,912 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,418 | €92,506 | -€1,912 | -2.0% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.