SIMKINE: 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.
SIMKINE
Largest movements
- Cash +€23,915
up €23,915 (+15.8%), from €151,193 to €175,108
mainly Other debts (+€255,483) and Net result for the year (+€64,288)
- Tangible fixed assets +€9,595
up €9,595 (+201.2%), from €4,770 to €14,365
of which Furniture and vehicles: +€10,196
- Other debts +€255,483
up €255,483 (+845.1%), from €30,230 to €285,713
- Profit (loss) carried forward -€212,964
no longer reported in 2025 (was €212,964)
- Current portion of long-term debt -€6,951
down €6,951 (-60.6%), from €11,468 to €4,517
- Debts after one year +€5,454
new in 2025: €5,454
- Depreciation -€12,176
down €12,176 (-72.8%), from €16,736 to €4,560
- Gross operating margin +€911
up €911 (+1.0%), from €87,180 to €88,091
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 | €285,908 | €324,726 | +€38,818 | +13.6% |
| Fixed assets | 21/28 | €4,770 | €14,365 | +€9,595 | +201.2% |
| Tangible fixed assets | 22/27 | €4,770 | €14,365 | +€9,595 | +201.2% |
| Plant, machinery and equipment | 23 | €602 | €1 | -€601 | -99.8% |
| Furniture and vehicles | 24 | €4,168 | €14,364 | +€10,196 | +244.6% |
| Current assets | 29/58 | €281,138 | €310,361 | +€29,223 | +10.4% |
| Amounts receivable within one year | 40/41 | €18,726 | €21,283 | +€2,557 | +13.7% |
| Trade receivables | 40 | €17,038 | €19,820 | +€2,782 | +16.3% |
| Other amounts receivable | 41 | €1,688 | €1,463 | -€225 | -13.3% |
| Current investments | 50/53 | €108,404 | €111,211 | +€2,807 | +2.6% |
| Cash at bank and in hand | 54/58 | €151,193 | €175,108 | +€23,915 | +15.8% |
| Deferred charges and accrued income | 490/1 | €2,815 | €2,759 | -€56 | -2.0% |
| Total equity and liabilities | 10/49 | €285,908 | €324,726 | +€38,818 | +13.6% |
| Equity | 10/15 | €233,424 | €20,460 | -€212,964 | -91.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €212,964 | - | -€212,964 | |
| Amounts payable | 17/49 | €52,484 | €304,266 | +€251,782 | +479.7% |
| Amounts payable after more than one year | 17 | - | €5,454 | +€5,454 | |
| Financial debts | 170/4 | - | €5,454 | +€5,454 | |
| Amounts payable within one year | 42/48 | €52,484 | €298,812 | +€246,328 | +469.3% |
| Current portion of amounts payable after more than one year | 42 | €11,468 | €4,517 | -€6,951 | -60.6% |
| Trade debts | 44 | €1,986 | €1,172 | -€814 | -41.0% |
| Suppliers | 440/4 | €1,986 | €1,172 | -€814 | -41.0% |
| Taxes, remuneration and social security | 45 | €8,800 | €7,410 | -€1,390 | -15.8% |
| Taxes | 450/3 | €8,800 | €7,410 | -€1,390 | -15.8% |
| Other amounts payable | 47/48 | €30,230 | €285,713 | +€255,483 | +845.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,736 | €4,560 | -€12,176 | -72.8% |
| Other operating charges | 640/8 | €1,442 | €1,639 | +€197 | +13.7% |
| Non-recurring operating charges | 66A | - | €462 | +€462 | |
| Gross operating margin | 9900 | €87,180 | €88,091 | +€911 | +1.0% |
| Operating profit (loss) | 9901 | €69,002 | €81,430 | +€12,428 | +18.0% |
| Financial income | 75/76B | €1,035 | €1,598 | +€563 | +54.4% |
| Recurring financial income | 75 | €1,035 | €1,598 | +€563 | +54.4% |
| Financial charges | 65/66B | €545 | €931 | +€386 | +70.8% |
| Recurring financial charges | 65 | €545 | €931 | +€386 | +70.8% |
| Profit (loss) for the period before taxes | 9903 | €69,492 | €82,097 | +€12,605 | +18.1% |
| Income taxes | 67/77 | €17,725 | €17,809 | +€84 | +0.5% |
| Profit (loss) for the period | 9904 | €51,767 | €64,288 | +€12,521 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,767 | €64,288 | +€12,521 | +24.2% |
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 4 October 2026 via checked.be.