sIMMOn: 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.
sIMMOn
Largest movements
- Receivables within one year +€56,988
up €56,988 (+99.5%), from €57,258 to €114,245
of which Other amounts receivable: +€36,738
- Cash -€12,877
down €12,877 (-3.8%), from €339,054 to €326,176
mainly Receivables within one year (-€56,988) and Tax, wage and social debts (-€35,785)
- Reserves +€79,172
up €79,172 (+25.7%), from €308,449 to €387,621
- Tax, wage and social debts -€35,785
down €35,785 (-63.1%), from €56,696 to €20,911
of which Taxes: -€26,643
- Trade debts -€25,038
down €25,038 (-86.5%), from €28,934 to €3,896
- Other debts +€23,836
up €23,836 (+1033.9%), from €2,305 to €26,142
- Write-downs -€70,313
no longer reported in 2025 (was €70,313)
- Gross operating margin -€44,178
down €44,178 (-30.0%), from €147,294 to €103,116
- Taxes +€5,006
up €5,006 (+32.5%), from €15,411 to €20,418
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 | €401,384 | €443,569 | +€42,185 | +10.5% |
| Fixed assets | 21/28 | €5,073 | €3,148 | -€1,925 | -37.9% |
| Tangible fixed assets | 22/27 | €5,073 | €3,148 | -€1,925 | -37.9% |
| Land and buildings | 22 | €195 | €169 | -€27 | -13.6% |
| Plant, machinery and equipment | 23 | €438 | €51 | -€387 | -88.4% |
| Leasing and similar rights | 25 | €4,440 | €2,928 | -€1,512 | -34.0% |
| Current assets | 29/58 | €396,312 | €440,422 | +€44,110 | +11.1% |
| Amounts receivable within one year | 40/41 | €57,258 | €114,245 | +€56,988 | +99.5% |
| Trade receivables | 40 | €7,569 | €27,819 | +€20,249 | +267.5% |
| Other amounts receivable | 41 | €49,688 | €86,427 | +€36,738 | +73.9% |
| Cash at bank and in hand | 54/58 | €339,054 | €326,176 | -€12,877 | -3.8% |
| Total equity and liabilities | 10/49 | €401,384 | €443,569 | +€42,185 | +10.5% |
| Equity | 10/15 | €313,449 | €392,621 | +€79,172 | +25.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €308,449 | €387,621 | +€79,172 | +25.7% |
| Distributable reserves | 133 | €308,449 | €387,621 | +€79,172 | +25.7% |
| Amounts payable | 17/49 | €87,936 | €50,949 | -€36,987 | -42.1% |
| Amounts payable within one year | 42/48 | €87,936 | €50,949 | -€36,987 | -42.1% |
| Trade debts | 44 | €28,934 | €3,896 | -€25,038 | -86.5% |
| Suppliers | 440/4 | €28,934 | €3,896 | -€25,038 | -86.5% |
| Taxes, remuneration and social security | 45 | €56,696 | €20,911 | -€35,785 | -63.1% |
| Taxes | 450/3 | €46,516 | €19,873 | -€26,643 | -57.3% |
| Remuneration and social security | 454/9 | €10,180 | €1,038 | -€9,142 | -89.8% |
| Other amounts payable | 47/48 | €2,305 | €26,142 | +€23,836 | +1033.9% |
| Remuneration, social security and pensions | 62 | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,974 | €1,925 | -€49 | -2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €70,313 | - | -€70,313 | |
| Other operating charges | 640/8 | €395 | €1,040 | +€645 | +163.2% |
| Gross operating margin | 9900 | €147,294 | €103,116 | -€44,178 | -30.0% |
| Operating profit (loss) | 9901 | €74,611 | €100,105 | +€25,494 | +34.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €54 | €516 | +€462 | +854.5% |
| Recurring financial charges | 65 | €54 | €516 | +€462 | +854.5% |
| Profit (loss) for the period before taxes | 9903 | €74,557 | €99,590 | +€25,033 | +33.6% |
| Income taxes | 67/77 | €15,411 | €20,418 | +€5,006 | +32.5% |
| Profit (loss) for the period | 9904 | €59,146 | €79,172 | +€20,026 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,146 | €79,172 | +€20,026 | +33.9% |
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 6 October 2026 via checked.be.