SIMOEN: 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.
SIMOEN
Largest movements
- Receivables within one year +€21,031
up €21,031 (+86.0%), from €24,451 to €45,483
of which Trade receivables: +€19,137
- Current investments -€14,124
down €14,124 (-6.6%), from €214,534 to €200,411
- Tangible fixed assets +€6,900
up €6,900 (+6.9%), from €100,399 to €107,299
of which Furniture and vehicles: +€11,427
- Other debts +€11,344
up €11,344 (+15.1%), from €75,335 to €86,679
- Tax, wage and social debts -€7,985
down €7,985 (-49.9%), from €16,013 to €8,028
- Trade debts +€6,661
up €6,661 (+96.9%), from €6,874 to €13,536
- Debts after one year +€4,238
up €4,238 (+36.5%), from €11,597 to €15,835
- Gross operating margin -€16,620
down €16,620 (-26.6%), from €62,500 to €45,880
- Taxes -€4,846
down €4,846 (-44.4%), from €10,908 to €6,062
- Depreciation +€3,773
up €3,773 (+16.0%), from €23,556 to €27,329
- Financial income +€1,132
up €1,132 (+23.8%), from €4,756 to €5,887
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 | €359,788 | €374,694 | +€14,905 | +4.1% |
| Fixed assets | 21/28 | €101,479 | €108,379 | +€6,900 | +6.8% |
| Tangible fixed assets | 22/27 | €100,399 | €107,299 | +€6,900 | +6.9% |
| Land and buildings | 22 | €59,199 | €55,399 | -€3,800 | -6.4% |
| Plant, machinery and equipment | 23 | €2,822 | €2,095 | -€727 | -25.8% |
| Furniture and vehicles | 24 | €38,378 | €49,805 | +€11,427 | +29.8% |
| Financial fixed assets | 28 | €1,080 | €1,080 | = | 0.0% |
| Current assets | 29/58 | €258,309 | €266,314 | +€8,005 | +3.1% |
| Amounts receivable within one year | 40/41 | €24,451 | €45,483 | +€21,031 | +86.0% |
| Trade receivables | 40 | €24,451 | €43,588 | +€19,137 | +78.3% |
| Other amounts receivable | 41 | €0 | €1,894 | +€1,894 | |
| Current investments | 50/53 | €214,534 | €200,411 | -€14,124 | -6.6% |
| Cash at bank and in hand | 54/58 | €13,248 | €14,892 | +€1,644 | +12.4% |
| Deferred charges and accrued income | 490/1 | €6,075 | €5,529 | -€546 | -9.0% |
| Total equity and liabilities | 10/49 | €359,788 | €374,694 | +€14,905 | +4.1% |
| Equity | 10/15 | €236,650 | €235,959 | -€690 | -0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €224,250 | €223,559 | -€690 | -0.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €215,750 | €215,059 | -€690 | -0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,138 | €138,734 | +€15,596 | +12.7% |
| Amounts payable after more than one year | 17 | €11,597 | €15,835 | +€4,238 | +36.5% |
| Financial debts | 170/4 | €11,597 | €15,835 | +€4,238 | +36.5% |
| Amounts payable within one year | 42/48 | €110,042 | €122,695 | +€12,653 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €11,820 | €14,453 | +€2,633 | +22.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,874 | €13,536 | +€6,661 | +96.9% |
| Suppliers | 440/4 | €6,874 | €13,536 | +€6,661 | +96.9% |
| Taxes, remuneration and social security | 45 | €16,013 | €8,028 | -€7,985 | -49.9% |
| Taxes | 450/3 | €16,013 | €8,028 | -€7,985 | -49.9% |
| Other amounts payable | 47/48 | €75,335 | €86,679 | +€11,344 | +15.1% |
| Accrued charges and deferred income | 492/3 | €1,499 | €205 | -€1,295 | -86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,556 | €27,329 | +€3,773 | +16.0% |
| Other operating charges | 640/8 | €1,971 | €1,787 | -€184 | -9.3% |
| Gross operating margin | 9900 | €62,500 | €45,880 | -€16,620 | -26.6% |
| Operating profit (loss) | 9901 | €36,973 | €16,764 | -€20,209 | -54.7% |
| Financial income | 75/76B | €4,756 | €5,887 | +€1,132 | +23.8% |
| Recurring financial income | 75 | €4,756 | €5,887 | +€1,132 | +23.8% |
| Financial charges | 65/66B | €1,412 | €1,267 | -€145 | -10.3% |
| Recurring financial charges | 65 | €1,412 | €1,267 | -€145 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €40,316 | €21,385 | -€18,932 | -47.0% |
| Income taxes | 67/77 | €10,908 | €6,062 | -€4,846 | -44.4% |
| Profit (loss) for the period | 9904 | €29,409 | €15,323 | -€14,086 | -47.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,409 | €15,323 | -€14,086 | -47.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.