SIMIKO: 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.
SIMIKO
Largest movements
- Current investments -€30,000
down €30,000 (-42.9%), from €70,000 to €40,000
- Cash +€10,301
up €10,301 (+31.9%), from €32,338 to €42,640
mainly Net result for the year (+€41,412) and Current investments (+€30,000)
- Receivables within one year +€3,093
up €3,093 (+21.4%), from €14,474 to €17,567
of which Trade receivables: +€3,116
- Tax, wage and social debts -€12,237
down €12,237 (-64.7%), from €18,913 to €6,676
- Reserves -€4,265
down €4,265 (-4.5%), from €93,974 to €89,709
- Gross operating margin -€3,864
down €3,864 (-6.6%), from €58,442 to €54,578
- Other operating charges +€2,255
up €2,255 (+471.8%), from €478 to €2,733
- Taxes -€1,220
down €1,220 (-10.2%), from €11,983 to €10,764
- Financial income +€868
up €868 (+1532.4%), from €57 to €925
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 | €118,168 | €101,938 | -€16,230 | -13.7% |
| Fixed assets | 21/28 | €431 | €636 | +€205 | +47.5% |
| Tangible fixed assets | 22/27 | €431 | €636 | +€205 | +47.5% |
| Furniture and vehicles | 24 | €431 | €636 | +€205 | +47.5% |
| Current assets | 29/58 | €117,736 | €101,302 | -€16,434 | -14.0% |
| Amounts receivable within one year | 40/41 | €14,474 | €17,567 | +€3,093 | +21.4% |
| Trade receivables | 40 | €12,145 | €15,262 | +€3,116 | +25.7% |
| Other amounts receivable | 41 | €2,329 | €2,305 | -€23 | -1.0% |
| Current investments | 50/53 | €70,000 | €40,000 | -€30,000 | -42.9% |
| Cash at bank and in hand | 54/58 | €32,338 | €42,640 | +€10,301 | +31.9% |
| Deferred charges and accrued income | 490/1 | €924 | €1,095 | +€171 | +18.5% |
| Total equity and liabilities | 10/49 | €118,168 | €101,938 | -€16,230 | -13.7% |
| Equity | 10/15 | €98,974 | €94,709 | -€4,265 | -4.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €93,974 | €89,709 | -€4,265 | -4.5% |
| Distributable reserves | 133 | €93,974 | €89,709 | -€4,265 | -4.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,194 | €7,229 | -€11,965 | -62.3% |
| Amounts payable within one year | 42/48 | €19,194 | €7,183 | -€12,011 | -62.6% |
| Financial debts | 43 | €0 | €42 | +€42 | |
| Credit institutions | 430/8 | €0 | €42 | +€42 | |
| Trade debts | 44 | €281 | €465 | +€184 | +65.6% |
| Suppliers | 440/4 | €281 | €465 | +€184 | +65.6% |
| Taxes, remuneration and social security | 45 | €18,913 | €6,676 | -€12,237 | -64.7% |
| Taxes | 450/3 | €18,913 | €6,676 | -€12,237 | -64.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €289 | €85 | -€204 | -70.6% |
| Other operating charges | 640/8 | €478 | €2,733 | +€2,255 | +471.8% |
| Non-recurring operating charges | 66A | - | €431 | +€431 | |
| Gross operating margin | 9900 | €58,442 | €54,578 | -€3,864 | -6.6% |
| Operating profit (loss) | 9901 | €57,675 | €51,329 | -€6,346 | -11.0% |
| Financial income | 75/76B | €57 | €925 | +€868 | +1532.4% |
| Recurring financial income | 75 | €57 | €925 | +€868 | +1532.4% |
| Financial charges | 65/66B | €72 | €79 | +€7 | +9.9% |
| Recurring financial charges | 65 | €72 | €79 | +€7 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €57,659 | €52,175 | -€5,484 | -9.5% |
| Income taxes | 67/77 | €11,983 | €10,764 | -€1,220 | -10.2% |
| Profit (loss) for the period | 9904 | €45,676 | €41,412 | -€4,265 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,676 | €41,412 | -€4,265 | -9.3% |
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 8 October 2026 via checked.be.