SIMMO: what changed
What changed
SIMMO
NACE 64.910, Financial service activities, except insurance and pension funding
filed annual accounts (NBB)
Net result for the year
-€17,445
2024 · -€15,921-€1,524
Equity
€151,160
2024 · €168,605-€17,445
Cash
€49
2024 · €570-€521
Balance sheet total
€308,527
2024 · €338,441-€29,914
Largest movements
Assets
- Receivables within one year -€29,454
down €29,454 (-62.2%), from €47,385 to €17,931
Equity and liabilities
- Profit (loss) carried forward -€17,445
down €17,445 (-17.6%), from -€99,045 to -€116,490
- Trade debts -€6,365
down €6,365 (-27.7%), from €22,941 to €16,576
- Other debts -€6,051
down €6,051 (-4.1%), from €146,841 to €140,790
Income statement
- Gross operating margin -€1,477
down €1,477 (-19.7%), from -€7,479 to -€8,956
- Other operating charges +€249
up €249 (+3.2%), from €7,798 to €8,047
- Financial charges -€151
down €151 (-8.2%), from €1,847 to €1,696
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€15,921
Gross operating margin
-€1,477
Other operating charges
-€249
Financial income
-€3
Financial charges
+€151
Taxes
+€54
Result 2025
-€17,445
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€521
Investment
€0
Financing
€0
Cash 2024
€570
From operations (derived)
-€521
Net result for the year
-€17,445
Receivables within one year
+€29,454
Smaller working-capital items
-€114
Trade debts
-€6,365
Other debts
-€6,051
Cash 2025
€49
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €338,441 | €308,527 | -€29,914 | -8.8% |
| Fixed assets | 21/28 | €289,481 | €289,481 | = | 0.0% |
| Tangible fixed assets | 22/27 | €289,481 | €289,481 | = | 0.0% |
| Land and buildings | 22 | €289,481 | €289,481 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €48,960 | €19,046 | -€29,914 | -61.1% |
| Amounts receivable within one year | 40/41 | €47,385 | €17,931 | -€29,454 | -62.2% |
| Other amounts receivable | 41 | €47,385 | €17,931 | -€29,454 | -62.2% |
| Cash at bank and in hand | 54/58 | €570 | €49 | -€521 | -91.5% |
| Deferred charges and accrued income | 490/1 | €1,005 | €1,066 | +€61 | +6.0% |
| Total equity and liabilities | 10/49 | €338,441 | €308,527 | -€29,914 | -8.8% |
| Equity | 10/15 | €168,605 | €151,160 | -€17,445 | -10.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,045 | -€116,490 | -€17,445 | -17.6% |
| Amounts payable | 17/49 | €169,836 | €157,366 | -€12,469 | -7.3% |
| Amounts payable within one year | 42/48 | €169,836 | €157,366 | -€12,469 | -7.3% |
| Trade debts | 44 | €22,941 | €16,576 | -€6,365 | -27.7% |
| Suppliers | 440/4 | €22,941 | €16,576 | -€6,365 | -27.7% |
| Taxes, remuneration and social security | 45 | €54 | - | -€54 | |
| Taxes | 450/3 | €54 | - | -€54 | |
| Other amounts payable | 47/48 | €146,841 | €140,790 | -€6,051 | -4.1% |
| Non-recurring operating income | 76A | €1,500 | - | -€1,500 | |
| Other operating charges | 640/8 | €7,798 | €8,047 | +€249 | +3.2% |
| Gross operating margin | 9900 | -€7,479 | -€8,956 | -€1,477 | -19.7% |
| Operating profit (loss) | 9901 | -€15,277 | -€17,003 | -€1,726 | -11.3% |
| Financial income | 75/76B | €1,257 | €1,254 | -€3 | -0.2% |
| Recurring financial income | 75 | €1,257 | €1,254 | -€3 | -0.2% |
| Financial charges | 65/66B | €1,847 | €1,696 | -€151 | -8.2% |
| Recurring financial charges | 65 | €1,847 | €1,696 | -€151 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,867 | -€17,445 | -€1,578 | -9.9% |
| Income taxes | 67/77 | €54 | - | -€54 | |
| Profit (loss) for the period | 9904 | -€15,921 | -€17,445 | -€1,524 | -9.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,921 | -€17,445 | -€1,524 | -9.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.