SIMMCO: 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.
SIMMCO
Largest movements
- Cash +€304,816
up €304,816 (+689.9%), from €44,183 to €348,999
mainly Other debts (+€503,524) and Current investments (+€251,495)
- Current investments -€251,495
down €251,495 (-38.7%), from €650,000 to €398,505
- Receivables within one year +€37,353
up €37,353 (+9.7%), from €383,167 to €420,519
of which Other amounts receivable: +€57,519
- Other debts +€503,524
up €503,524 (+1459.5%), from €34,500 to €538,024
- Reserves -€399,059
down €399,059 (-46.8%), from €853,527 to €454,468
- Tax, wage and social debts -€35,428
down €35,428 (-15.4%), from €230,148 to €194,720
of which Taxes: -€33,590
- Gross operating margin -€300,635
down €300,635 (-65.6%), from €458,226 to €157,590
- Taxes -€76,366
down €76,366 (-68.9%), from €110,871 to €34,505
- Financial charges +€6,400
up €6,400 (+8591.6%), from €74 to €6,474
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 | €1,124,807 | €1,208,258 | +€83,451 | +7.4% |
| Fixed assets | 21/28 | €46,390 | €38,748 | -€7,642 | -16.5% |
| Tangible fixed assets | 22/27 | €46,390 | €38,748 | -€7,642 | -16.5% |
| Plant, machinery and equipment | 23 | - | €8,053 | +€8,053 | |
| Furniture and vehicles | 24 | €46,390 | €30,696 | -€15,694 | -33.8% |
| Current assets | 29/58 | €1,078,416 | €1,169,510 | +€91,093 | +8.4% |
| Amounts receivable within one year | 40/41 | €383,167 | €420,519 | +€37,353 | +9.7% |
| Trade receivables | 40 | €383,167 | €363,000 | -€20,167 | -5.3% |
| Other amounts receivable | 41 | - | €57,519 | +€57,519 | |
| Current investments | 50/53 | €650,000 | €398,505 | -€251,495 | -38.7% |
| Cash at bank and in hand | 54/58 | €44,183 | €348,999 | +€304,816 | +689.9% |
| Deferred charges and accrued income | 490/1 | €1,067 | €1,486 | +€419 | +39.3% |
| Total equity and liabilities | 10/49 | €1,124,807 | €1,208,258 | +€83,451 | +7.4% |
| Equity | 10/15 | €858,527 | €459,468 | -€399,059 | -46.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €853,527 | €454,468 | -€399,059 | -46.8% |
| Distributable reserves | 133 | €853,527 | €454,468 | -€399,059 | -46.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €266,279 | €748,790 | +€482,510 | +181.2% |
| Amounts payable within one year | 42/48 | €266,279 | €744,343 | +€478,064 | +179.5% |
| Trade debts | 44 | €1,632 | €11,599 | +€9,967 | +610.9% |
| Suppliers | 440/4 | €1,632 | €11,599 | +€9,967 | +610.9% |
| Taxes, remuneration and social security | 45 | €230,148 | €194,720 | -€35,428 | -15.4% |
| Taxes | 450/3 | €228,310 | €194,720 | -€33,590 | -14.7% |
| Remuneration and social security | 454/9 | €1,838 | €0 | -€1,838 | -100.0% |
| Other amounts payable | 47/48 | €34,500 | €538,024 | +€503,524 | +1459.5% |
| Accrued charges and deferred income | 492/3 | - | €4,447 | +€4,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,602 | €19,848 | +€246 | +1.3% |
| Other operating charges | 640/8 | €2,026 | €1,620 | -€406 | -20.0% |
| Gross operating margin | 9900 | €458,226 | €157,590 | -€300,635 | -65.6% |
| Operating profit (loss) | 9901 | €436,598 | €136,123 | -€300,475 | -68.8% |
| Financial income | 75/76B | €1,763 | €5,798 | +€4,035 | +228.9% |
| Recurring financial income | 75 | €1,763 | €5,798 | +€4,035 | +228.9% |
| Financial charges | 65/66B | €74 | €6,474 | +€6,400 | +8591.6% |
| Recurring financial charges | 65 | €74 | €6,474 | +€6,400 | +8591.6% |
| Profit (loss) for the period before taxes | 9903 | €438,286 | €135,446 | -€302,840 | -69.1% |
| Income taxes | 67/77 | €110,871 | €34,505 | -€76,366 | -68.9% |
| Profit (loss) for the period | 9904 | €327,415 | €100,941 | -€226,474 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €327,415 | €100,941 | -€226,474 | -69.2% |
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 3 October 2026 via checked.be.