Simko: 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.
Simko
Largest movements
- Tangible fixed assets +€50,258
up €50,258 (+23.6%), from €212,692 to €262,950
of which Land and buildings: +€50,796
- Cash -€12,115
down €12,115 (-62.3%), from €19,440 to €7,325
mainly Investment in fixed assets (net) (-€63,894) and Trade debts (-€18,025)
- Receivables within one year -€5,103
down €5,103 (-26.8%), from €19,030 to €13,927
of which Trade receivables: -€10,224
- Other debts +€53,951
up €53,951 (+79.1%), from €68,214 to €122,165
- Trade debts -€18,025
down €18,025 (-58.7%), from €30,711 to €12,685
- Reserves +€6,754
up €6,754 (+6.3%), from €107,750 to €114,504
of which Distributable reserves: +€6,754
- Debts after one year -€5,981
down €5,981 (-17.1%), from €35,019 to €29,038
- Gross operating margin +€18,218
up €18,218 (+426.2%), from €4,274 to €22,492
- Depreciation +€6,566
up €6,566 (+92.9%), from €7,070 to €13,636
- Taxes +€670
new in 2025: €670
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 | €254,636 | €291,244 | +€36,608 | +14.4% |
| Fixed assets | 21/28 | €212,692 | €262,950 | +€50,258 | +23.6% |
| Tangible fixed assets | 22/27 | €212,692 | €262,950 | +€50,258 | +23.6% |
| Land and buildings | 22 | €211,743 | €262,539 | +€50,796 | +24.0% |
| Plant, machinery and equipment | 23 | €949 | €411 | -€538 | -56.7% |
| Current assets | 29/58 | €41,944 | €28,294 | -€13,650 | -32.5% |
| Stocks and contracts in progress | 3 | €3,474 | €4,838 | +€1,364 | +39.3% |
| Stocks | 30/36 | €3,474 | €4,838 | +€1,364 | +39.3% |
| Amounts receivable within one year | 40/41 | €19,030 | €13,927 | -€5,103 | -26.8% |
| Trade receivables | 40 | €18,880 | €8,656 | -€10,224 | -54.2% |
| Other amounts receivable | 41 | €150 | €5,271 | +€5,121 | +3413.8% |
| Cash at bank and in hand | 54/58 | €19,440 | €7,325 | -€12,115 | -62.3% |
| Deferred charges and accrued income | 490/1 | - | €2,204 | +€2,204 | |
| Total equity and liabilities | 10/49 | €254,636 | €291,244 | +€36,608 | +14.4% |
| Equity | 10/15 | €113,950 | €120,704 | +€6,754 | +5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €107,750 | €114,504 | +€6,754 | +6.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €105,890 | €112,644 | +€6,754 | +6.4% |
| Amounts payable | 17/49 | €140,685 | €170,540 | +€29,855 | +21.2% |
| Amounts payable after more than one year | 17 | €35,019 | €29,038 | -€5,981 | -17.1% |
| Financial debts | 170/4 | €35,019 | €29,038 | -€5,981 | -17.1% |
| Amounts payable within one year | 42/48 | €105,666 | €141,502 | +€35,836 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €5,899 | €5,981 | +€82 | +1.4% |
| Trade debts | 44 | €30,711 | €12,685 | -€18,025 | -58.7% |
| Suppliers | 440/4 | €30,711 | €12,685 | -€18,025 | -58.7% |
| Taxes, remuneration and social security | 45 | €843 | €670 | -€173 | -20.5% |
| Taxes | 450/3 | €843 | €670 | -€173 | -20.5% |
| Other amounts payable | 47/48 | €68,214 | €122,165 | +€53,951 | +79.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,070 | €13,636 | +€6,566 | +92.9% |
| Other operating charges | 640/8 | €685 | €700 | +€15 | +2.2% |
| Gross operating margin | 9900 | €4,274 | €22,492 | +€18,218 | +426.2% |
| Operating profit (loss) | 9901 | -€3,481 | €8,156 | +€11,636 | |
| Financial income | 75/76B | €231 | €65 | -€166 | -72.1% |
| Recurring financial income | 75 | €231 | €65 | -€166 | -72.1% |
| Financial charges | 65/66B | €927 | €797 | -€130 | -14.0% |
| Recurring financial charges | 65 | €927 | €797 | -€130 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,176 | €7,424 | +€11,600 | |
| Income taxes | 67/77 | - | €670 | +€670 | |
| Profit (loss) for the period | 9904 | -€4,176 | €6,754 | +€10,930 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,176 | €6,754 | +€10,930 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.