SIMODI CONSTRUCT: 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.
SIMODI CONSTRUCT
Largest movements
- Receivables within one year -€90,509
down €90,509 (-51.3%), from €176,360 to €85,851
of which Trade receivables: -€101,959
- Cash +€26,191
up €26,191 (+196.4%), from €13,337 to €39,528
mainly Receivables within one year (+€90,509) and Depreciation (+€13,255)
- Tangible fixed assets +€5,934
up €5,934 (+23.7%), from €25,077 to €31,011
of which Furniture and vehicles: +€5,462
- Trade debts -€54,860
down €54,860 (-48.8%), from €112,501 to €57,641
- Profit (loss) carried forward +€8,877
up €8,877 (+12.9%), from €68,683 to €77,559
- Debts after one year -€7,233
down €7,233 (-47.1%), from €15,351 to €8,118
- Tax, wage and social debts -€4,461
down €4,461 (-64.1%), from €6,965 to €2,504
- Gross operating margin +€37,369
up €37,369, from -€8,899 to €28,470
- Depreciation +€3,011
up €3,011 (+29.4%), from €10,244 to €13,255
- Taxes +€1,074
up €1,074 (+628.8%), from €171 to €1,245
- Other operating charges -€363
down €363 (-22.2%), from €1,639 to €1,276
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 | €218,552 | €161,116 | -€57,437 | -26.3% |
| Fixed assets | 21/28 | €28,677 | €35,736 | +€7,059 | +24.6% |
| Tangible fixed assets | 22/27 | €25,077 | €31,011 | +€5,934 | +23.7% |
| Plant, machinery and equipment | 23 | €3,316 | €3,788 | +€472 | +14.2% |
| Furniture and vehicles | 24 | €21,761 | €27,223 | +€5,462 | +25.1% |
| Financial fixed assets | 28 | €3,600 | €4,725 | +€1,125 | +31.3% |
| Current assets | 29/58 | €189,875 | €125,379 | -€64,496 | -34.0% |
| Amounts receivable within one year | 40/41 | €176,360 | €85,851 | -€90,509 | -51.3% |
| Trade receivables | 40 | €116,307 | €14,347 | -€101,959 | -87.7% |
| Other amounts receivable | 41 | €60,053 | €71,504 | +€11,451 | +19.1% |
| Cash at bank and in hand | 54/58 | €13,337 | €39,528 | +€26,191 | +196.4% |
| Deferred charges and accrued income | 490/1 | €178 | - | -€178 | |
| Total equity and liabilities | 10/49 | €218,552 | €161,116 | -€57,437 | -26.3% |
| Equity | 10/15 | €76,743 | €85,619 | +€8,877 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,683 | €77,559 | +€8,877 | +12.9% |
| Amounts payable | 17/49 | €141,810 | €75,496 | -€66,313 | -46.8% |
| Amounts payable after more than one year | 17 | €15,351 | €8,118 | -€7,233 | -47.1% |
| Financial debts | 170/4 | €15,351 | €8,118 | -€7,233 | -47.1% |
| Amounts payable within one year | 42/48 | €126,458 | €67,378 | -€59,080 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €6,992 | €7,233 | +€241 | +3.5% |
| Trade debts | 44 | €112,501 | €57,641 | -€54,860 | -48.8% |
| Suppliers | 440/4 | €112,501 | €57,641 | -€54,860 | -48.8% |
| Taxes, remuneration and social security | 45 | €6,965 | €2,504 | -€4,461 | -64.1% |
| Taxes | 450/3 | €6,965 | €2,504 | -€4,461 | -64.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,244 | €13,255 | +€3,011 | +29.4% |
| Other operating charges | 640/8 | €1,639 | €1,276 | -€363 | -22.2% |
| Gross operating margin | 9900 | -€8,899 | €28,470 | +€37,369 | |
| Operating profit (loss) | 9901 | -€20,782 | €13,939 | +€34,721 | |
| Financial income | 75/76B | €3,948 | €4,100 | +€152 | +3.9% |
| Recurring financial income | 75 | €3,948 | €4,100 | +€152 | +3.9% |
| Financial charges | 65/66B | €8,170 | €7,917 | -€253 | -3.1% |
| Recurring financial charges | 65 | €8,170 | €7,917 | -€253 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,005 | €10,122 | +€35,127 | |
| Income taxes | 67/77 | €171 | €1,245 | +€1,074 | +628.8% |
| Profit (loss) for the period | 9904 | -€25,176 | €8,877 | +€34,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,176 | €8,877 | +€34,052 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.