SIMMIC: 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.
SIMMIC
Largest movements
- Receivables after one year +€67,299
up €67,299 (+18.1%), from €371,161 to €438,460
- Cash +€22,350
up €22,350 (+79.1%), from €28,255 to €50,605
mainly Net result for the year (+€128,233) and Depreciation (+€52,674)
- Reserves +€128,233
up €128,233 (+57.2%), from €224,261 to €352,494
- Debts after one year -€36,136
down €36,136 (-14.5%), from €250,000 to €213,864
- Taxes +€33,423
up €33,423 (+272%), from €12,291 to €45,714
- Gross operating margin +€25,850
up €25,850 (+12.3%), from €209,823 to €235,672
- Financial charges -€10,911
down €10,911 (-54.3%), from €20,092 to €9,181
- Depreciation -€3,520
down €3,520 (-6.3%), from €56,194 to €52,674
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.
Derived cash bridge
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 | €1,076,725 | €1,169,059 | +€92,334 | +8.6% |
| Fixed assets | 21/28 | €644,975 | €641,956 | -€3,019 | -0.5% |
| Tangible fixed assets | 22/27 | €644,975 | €641,956 | -€3,019 | -0.5% |
| Land and buildings | 22 | €596,166 | €555,653 | -€40,513 | -6.8% |
| Plant, machinery and equipment | 23 | €2,441 | €0 | -€2,441 | -100% |
| Furniture and vehicles | 24 | €46,368 | €86,303 | +€39,935 | +86.1% |
| Current assets | 29/58 | €431,751 | €527,103 | +€95,352 | +22.1% |
| Amounts receivable after more than one year | 29 | €371,161 | €438,460 | +€67,299 | +18.1% |
| Trade receivables | 290 | €371,161 | €438,460 | +€67,299 | +18.1% |
| Amounts receivable within one year | 40/41 | €32,335 | €38,038 | +€5,704 | +17.6% |
| Trade receivables | 40 | €12,542 | €29,649 | +€17,107 | +136% |
| Other amounts receivable | 41 | €19,792 | €8,389 | -€11,403 | -57.6% |
| Cash at bank and in hand | 54/58 | €28,255 | €50,605 | +€22,350 | +79.1% |
| Total equity and liabilities | 10/49 | €1,076,725 | €1,169,059 | +€92,334 | +8.6% |
| Equity | 10/15 | €727,107 | €855,340 | +€128,233 | +17.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €224,261 | €352,494 | +€128,233 | +57.2% |
| Distributable reserves | 133 | €224,261 | €352,494 | +€128,233 | +57.2% |
| Profit (loss) carried forward | 14 | €490,446 | €490,446 | = | 0.0% |
| Amounts payable | 17/49 | €349,618 | €313,719 | -€35,899 | -10.3% |
| Amounts payable after more than one year | 17 | €250,000 | €213,864 | -€36,136 | -14.5% |
| Financial debts | 170/4 | €250,000 | €213,864 | -€36,136 | -14.5% |
| Amounts payable within one year | 42/48 | €99,618 | €99,855 | +€236 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €65,459 | €72,283 | +€6,824 | +10.4% |
| Trade debts | 44 | €9,987 | €0 | -€9,987 | -100% |
| Suppliers | 440/4 | €9,987 | €0 | -€9,987 | -100% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €24,171 | €27,571 | +€3,400 | +14.1% |
| Taxes | 450/3 | €24,171 | €27,571 | +€3,400 | +14.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €27 | €0 | -€27 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,194 | €52,674 | -€3,520 | -6.3% |
| Other operating charges | 640/8 | €5,926 | €4,738 | -€1,188 | -20.0% |
| Non-recurring operating charges | 66A | - | €691 | +€691 | |
| Gross operating margin | 9900 | €209,823 | €235,672 | +€25,850 | +12.3% |
| Operating profit (loss) | 9901 | €147,675 | €177,569 | +€29,893 | +20.2% |
| Financial income | 75/76B | €4,829 | €5,559 | +€730 | +15.1% |
| Recurring financial income | 75 | €4,829 | €5,559 | +€730 | +15.1% |
| Financial charges | 65/66B | €20,092 | €9,181 | -€10,911 | -54.3% |
| Recurring financial charges | 65 | €20,092 | €9,181 | -€10,911 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | €132,413 | €173,947 | +€41,534 | +31.4% |
| Income taxes | 67/77 | €12,291 | €45,714 | +€33,423 | +272% |
| Profit (loss) for the period | 9904 | €120,121 | €128,233 | +€8,112 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €120,121 | €128,233 | +€8,112 | +6.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.