SIMMO II: 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.
SIMMO II
Largest movements
- Cash -€148,427
down €148,427 (-84.0%), from €176,652 to €28,226
mainly Investment in fixed assets (net) (-€282,473) and Other debts (-€78,716)
- Tangible fixed assets +€133,619
up €133,619 (+3.0%), from €4.4m to €4.5m
of which Land and buildings: +€148,334
- Other debts -€78,716
down €78,716 (-3.6%), from €2.2m to €2.1m
- Gross operating margin -€128,003
down €128,003 (-38.3%), from €334,153 to €206,150
- Financial income -€79,500
no longer reported in 2025 (was €79,500)
of which Financial income: -€79,500
- Depreciation +€23,146
up €23,146 (+18.4%), from €125,708 to €148,853
- Taxes +€9,318
up €9,318 (+580%), from €1,608 to €10,926
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 | €4,581,092 | €4,561,049 | -€20,043 | -0.4% |
| Fixed assets | 21/28 | €4,398,917 | €4,532,536 | +€133,619 | +3.0% |
| Tangible fixed assets | 22/27 | €4,398,917 | €4,532,536 | +€133,619 | +3.0% |
| Land and buildings | 22 | €4,357,181 | €4,505,515 | +€148,334 | +3.4% |
| Furniture and vehicles | 24 | €41,736 | €27,021 | -€14,715 | -35.3% |
| Current assets | 29/58 | €182,176 | €28,513 | -€153,662 | -84.3% |
| Amounts receivable within one year | 40/41 | €5,523 | €288 | -€5,236 | -94.8% |
| Other amounts receivable | 41 | €5,523 | €288 | -€5,236 | -94.8% |
| Cash at bank and in hand | 54/58 | €176,652 | €28,226 | -€148,427 | -84.0% |
| Total equity and liabilities | 10/49 | €4,581,092 | €4,561,049 | -€20,043 | -0.4% |
| Equity | 10/15 | €2,278,499 | €2,309,785 | +€31,286 | +1.4% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €289,267 | €282,971 | -€6,296 | -2.2% |
| Non-distributable reserves | 130/1 | €55,387 | €57,365 | +€1,978 | +3.6% |
| Legal reserve | 130 | €55,387 | €57,365 | +€1,978 | +3.6% |
| Tax-exempt reserves | 132 | €233,174 | €224,900 | -€8,274 | -3.5% |
| Distributable reserves | 133 | €707 | €707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,768 | €26,814 | +€37,582 | |
| Provisions and deferred taxes | 16 | €85,614 | €82,290 | -€3,325 | -3.9% |
| Deferred taxes | 168 | €85,614 | €82,290 | -€3,325 | -3.9% |
| Amounts payable | 17/49 | €2,216,979 | €2,168,974 | -€48,005 | -2.2% |
| Amounts payable within one year | 42/48 | €2,213,941 | €2,165,345 | -€48,596 | -2.2% |
| Trade debts | 44 | €4,306 | €26,108 | +€21,801 | +506% |
| Suppliers | 440/4 | €4,306 | €26,108 | +€21,801 | +506% |
| Taxes, remuneration and social security | 45 | €608 | €8,926 | +€8,318 | +1,368% |
| Taxes | 450/3 | €608 | €8,926 | +€8,318 | +1,368% |
| Other amounts payable | 47/48 | €2,209,027 | €2,130,311 | -€78,716 | -3.6% |
| Accrued charges and deferred income | 492/3 | €3,037 | €3,629 | +€592 | +19.5% |
| Non-recurring operating income | 76A | €397,888 | - | -€397,888 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,708 | €148,853 | +€23,146 | +18.4% |
| Other operating charges | 640/8 | €16,149 | €18,281 | +€2,133 | +13.2% |
| Gross operating margin | 9900 | €334,153 | €206,150 | -€128,003 | -38.3% |
| Operating profit (loss) | 9901 | €192,296 | €39,015 | -€153,282 | -79.7% |
| Financial income | 75/76B | €79,500 | - | -€79,500 | |
| Recurring financial income | 75 | €79,500 | - | -€79,500 | |
| Non-recurring financial income | 76B | €79,500 | - | -€79,500 | |
| Financial charges | 65/66B | €164 | €127 | -€37 | -22.4% |
| Recurring financial charges | 65 | €164 | €127 | -€37 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €271,633 | €38,888 | -€232,745 | -85.7% |
| Transfer from deferred taxes | 780 | €5,222 | €3,325 | -€1,898 | -36.3% |
| Transfer to deferred taxes | 680 | €63,242 | - | -€63,242 | |
| Income taxes | 67/77 | €1,608 | €10,926 | +€9,318 | +580% |
| Profit (loss) for the period | 9904 | €212,006 | €31,286 | -€180,719 | -85.2% |
| Transfer from tax-exempt reserves | 789 | €10,142 | €8,274 | -€1,869 | -18.4% |
| Transfer to tax-exempt reserves | 689 | €189,725 | - | -€189,725 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,423 | €39,560 | +€7,137 | +22.0% |
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 14 October 2026 via checked.be.