SIMMOL: 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.
SIMMOL
Largest movements
- Tangible fixed assets +€782,490
up €782,490 (+20.7%), from €3.8m to €4.6m
of which Land and buildings: +€813,724
- Cash +€82,571
up €82,571 (+399.2%), from €20,684 to €103,255
mainly Debts after one year (+€1.2m) and Net result for the year (+€217,285)
- Debts after one year +€1.2m
up €1.2m (+43.8%), from €2.6m to €3.8m
- Short-term financial debts -€500,000
down €500,000 (-52.6%), from €950,000 to €450,000
- Reserves +€217,285
up €217,285 (+162.8%), from €133,473 to €350,758
- Current portion of long-term debt +€47,787
up €47,787 (+40.3%), from €118,538 to €166,325
- Gross operating margin +€177,199
up €177,199 (+55.3%), from €320,332 to €497,531
- Financial charges +€64,531
up €64,531 (+154.8%), from €41,682 to €106,213
- Depreciation +€22,113
up €22,113 (+19.0%), from €116,244 to €138,357
- Other operating charges -€11,007
down €11,007 (-24.5%), from €44,876 to €33,869
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 | €3,857,830 | €4,775,944 | +€918,115 | +23.8% |
| Fixed assets | 21/28 | €3,784,582 | €4,581,714 | +€797,133 | +21.1% |
| Intangible fixed assets | 21 | €2,973 | €17,615 | +€14,642 | +492.5% |
| Tangible fixed assets | 22/27 | €3,781,609 | €4,564,099 | +€782,490 | +20.7% |
| Land and buildings | 22 | €3,679,024 | €4,492,748 | +€813,724 | +22.1% |
| Plant, machinery and equipment | 23 | €3,822 | €3,179 | -€642 | -16.8% |
| Furniture and vehicles | 24 | €98,763 | €68,172 | -€30,591 | -31.0% |
| Current assets | 29/58 | €73,248 | €194,230 | +€120,982 | +165.2% |
| Amounts receivable within one year | 40/41 | €49,153 | €50,166 | +€1,012 | +2.1% |
| Trade receivables | 40 | €32,108 | €42,493 | +€10,385 | +32.3% |
| Other amounts receivable | 41 | €17,046 | €7,673 | -€9,373 | -55.0% |
| Cash at bank and in hand | 54/58 | €20,684 | €103,255 | +€82,571 | +399.2% |
| Deferred charges and accrued income | 490/1 | €3,410 | €40,809 | +€37,399 | +1096.6% |
| Total equity and liabilities | 10/49 | €3,857,830 | €4,775,944 | +€918,115 | +23.8% |
| Equity | 10/15 | €135,356 | €352,642 | +€217,285 | +160.5% |
| Contributions | 10/11 | €1,884 | €1,884 | = | 0.0% |
| Reserves | 13 | €133,473 | €350,758 | +€217,285 | +162.8% |
| Distributable reserves | 133 | €133,473 | €350,758 | +€217,285 | +162.8% |
| Amounts payable | 17/49 | €3,722,473 | €4,423,303 | +€700,829 | +18.8% |
| Amounts payable after more than one year | 17 | €2,632,592 | €3,786,739 | +€1.2m | +43.8% |
| Financial debts | 170/4 | €2,632,592 | €3,786,739 | +€1.2m | +43.8% |
| Amounts payable within one year | 42/48 | €1,071,037 | €634,860 | -€436,177 | -40.7% |
| Current portion of amounts payable after more than one year | 42 | €118,538 | €166,325 | +€47,787 | +40.3% |
| Financial debts | 43 | €950,000 | €450,000 | -€500,000 | -52.6% |
| Credit institutions | 430/8 | €950,000 | €450,000 | -€500,000 | -52.6% |
| Trade debts | 44 | €1,117 | €763 | -€354 | -31.7% |
| Suppliers | 440/4 | €1,117 | €763 | -€354 | -31.7% |
| Taxes, remuneration and social security | 45 | €1,382 | €17,771 | +€16,389 | +1185.7% |
| Taxes | 450/3 | €182 | €16,005 | +€15,823 | +8684.4% |
| Remuneration and social security | 454/9 | €1,200 | €1,766 | +€566 | +47.2% |
| Accrued charges and deferred income | 492/3 | €18,844 | €1,704 | -€17,140 | -91.0% |
| Remuneration, social security and pensions | 62 | - | €3,640 | +€3,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,244 | €138,357 | +€22,113 | +19.0% |
| Other operating charges | 640/8 | €44,876 | €33,869 | -€11,007 | -24.5% |
| Gross operating margin | 9900 | €320,332 | €497,531 | +€177,199 | +55.3% |
| Operating profit (loss) | 9901 | €159,211 | €321,664 | +€162,453 | +102.0% |
| Financial income | 75/76B | €19 | €2,043 | +€2,024 | +10459.4% |
| Recurring financial income | 75 | €19 | €2,043 | +€2,024 | +10459.4% |
| Financial charges | 65/66B | €41,682 | €106,213 | +€64,531 | +154.8% |
| Recurring financial charges | 65 | €41,682 | €106,213 | +€64,531 | +154.8% |
| Profit (loss) for the period before taxes | 9903 | €117,548 | €217,494 | +€99,946 | +85.0% |
| Income taxes | 67/77 | €182 | €209 | +€27 | +14.7% |
| Profit (loss) for the period | 9904 | €117,366 | €217,285 | +€99,919 | +85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €117,366 | €217,285 | +€99,919 | +85.1% |
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 11 October 2026 via checked.be.