SIMKA: 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.
SIMKA
Largest movements
- Receivables within one year +€28,855
up €28,855 (+96.6%), from €29,867 to €58,723
of which Other amounts receivable: +€40,603
- Cash +€23,437
up €23,437 (+47.4%), from €49,408 to €72,845
mainly Net result for the year (+€54,425) and Depreciation (+€4,099)
- Tangible fixed assets +€3,431
up €3,431 (+19.4%), from €17,681 to €21,112
of which Furniture and vehicles: +€4,888
- Profit (loss) carried forward +€54,425
up €54,425 (+95.5%), from €56,968 to €111,393
- Tax, wage and social debts +€1,886
up €1,886 (+10.9%), from €17,365 to €19,251
- Gross operating margin +€10,660
up €10,660 (+17.5%), from €61,086 to €71,747
- Taxes +€1,886
up €1,886 (+16.2%), from €11,665 to €13,551
- Depreciation +€1,319
up €1,319 (+47.5%), from €2,780 to €4,099
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 | €98,635 | €153,747 | +€55,111 | +55.9% |
| Fixed assets | 21/28 | €17,681 | €21,112 | +€3,431 | +19.4% |
| Tangible fixed assets | 22/27 | €17,681 | €21,112 | +€3,431 | +19.4% |
| Plant, machinery and equipment | 23 | €11,506 | €10,049 | -€1,457 | -12.7% |
| Furniture and vehicles | 24 | €6,175 | €11,063 | +€4,888 | +79.2% |
| Current assets | 29/58 | €80,955 | €132,635 | +€51,680 | +63.8% |
| Amounts receivable within one year | 40/41 | €29,867 | €58,723 | +€28,855 | +96.6% |
| Trade receivables | 40 | €29,867 | €18,119 | -€11,748 | -39.3% |
| Other amounts receivable | 41 | - | €40,603 | +€40,603 | |
| Cash at bank and in hand | 54/58 | €49,408 | €72,845 | +€23,437 | +47.4% |
| Deferred charges and accrued income | 490/1 | €1,679 | €1,068 | -€611 | -36.4% |
| Total equity and liabilities | 10/49 | €98,635 | €153,747 | +€55,111 | +55.9% |
| Equity | 10/15 | €79,949 | €134,374 | +€54,425 | +68.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €18,981 | €18,981 | = | 0.0% |
| Distributable reserves | 133 | €18,981 | €18,981 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,968 | €111,393 | +€54,425 | +95.5% |
| Amounts payable | 17/49 | €18,686 | €19,373 | +€687 | +3.7% |
| Amounts payable within one year | 42/48 | €17,593 | €19,373 | +€1,780 | +10.1% |
| Trade debts | 44 | €165 | €58 | -€107 | -64.8% |
| Suppliers | 440/4 | €165 | €58 | -€107 | -64.8% |
| Taxes, remuneration and social security | 45 | €17,365 | €19,251 | +€1,886 | +10.9% |
| Taxes | 450/3 | €17,365 | €19,251 | +€1,886 | +10.9% |
| Other amounts payable | 47/48 | €64 | €64 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,093 | - | -€1,093 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,780 | €4,099 | +€1,319 | +47.5% |
| Other operating charges | 640/8 | - | €150 | +€150 | |
| Gross operating margin | 9900 | €61,086 | €71,747 | +€10,660 | +17.5% |
| Operating profit (loss) | 9901 | €58,306 | €67,497 | +€9,191 | +15.8% |
| Financial income | 75/76B | - | €603 | +€603 | |
| Recurring financial income | 75 | - | €603 | +€603 | |
| Financial charges | 65/66B | €113 | €125 | +€11 | +9.9% |
| Recurring financial charges | 65 | €113 | €125 | +€11 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €58,193 | €67,976 | +€9,783 | +16.8% |
| Income taxes | 67/77 | €11,665 | €13,551 | +€1,886 | +16.2% |
| Profit (loss) for the period | 9904 | €46,528 | €54,425 | +€7,897 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,528 | €54,425 | +€7,897 | +17.0% |
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 2 October 2026 via checked.be.