Simosan: 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.
Simosan
Largest movements
- Tangible fixed assets +€18,581
up €18,581 (+27.0%), from €68,715 to €87,296
of which Land and buildings: +€27,642
- Cash +€4,092
up €4,092 (+11.9%), from €34,282 to €38,374
mainly Net result for the year (+€35,538) and Depreciation (+€14,727)
- Reserves +€35,538
up €35,538 (+40.1%), from €88,710 to €124,248
- Tax, wage and social debts -€15,191
down €15,191 (-48.3%), from €31,447 to €16,256
of which Taxes: -€15,132
- Other debts +€2,880
up €2,880 (+1,451%), from €199 to €3,079
- Gross operating margin -€65,271
down €65,271 (-52.1%), from €125,352 to €60,080
- Taxes -€14,150
down €14,150 (-61.8%), from €22,900 to €8,750
- Depreciation +€2,766
up €2,766 (+23.1%), from €11,961 to €14,727
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 | €131,802 | €154,488 | +€22,686 | +17.2% |
| Fixed assets | 21/28 | €97,215 | €115,796 | +€18,581 | +19.1% |
| Tangible fixed assets | 22/27 | €68,715 | €87,296 | +€18,581 | +27.0% |
| Land and buildings | 22 | €14,440 | €42,083 | +€27,642 | +191% |
| Plant, machinery and equipment | 23 | - | €3,959 | +€3,959 | |
| Furniture and vehicles | 24 | €54,275 | €41,254 | -€13,021 | -24.0% |
| Financial fixed assets | 28 | €28,500 | €28,500 | = | 0.0% |
| Current assets | 29/58 | €34,586 | €38,692 | +€4,105 | +11.9% |
| Amounts receivable within one year | 40/41 | €15 | €0 | -€15 | -100% |
| Other amounts receivable | 41 | €15 | €0 | -€15 | -100% |
| Cash at bank and in hand | 54/58 | €34,282 | €38,374 | +€4,092 | +11.9% |
| Deferred charges and accrued income | 490/1 | €289 | €318 | +€29 | +10.0% |
| Total equity and liabilities | 10/49 | €131,802 | €154,488 | +€22,686 | +17.2% |
| Equity | 10/15 | €98,710 | €134,248 | +€35,538 | +36.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €88,710 | €124,248 | +€35,538 | +40.1% |
| Distributable reserves | 133 | €88,710 | €124,248 | +€35,538 | +40.1% |
| Amounts payable | 17/49 | €33,092 | €20,240 | -€12,852 | -38.8% |
| Amounts payable within one year | 42/48 | €33,092 | €20,240 | -€12,852 | -38.8% |
| Trade debts | 44 | €1,447 | €905 | -€541 | -37.4% |
| Suppliers | 440/4 | €1,447 | €905 | -€541 | -37.4% |
| Taxes, remuneration and social security | 45 | €31,447 | €16,256 | -€15,191 | -48.3% |
| Taxes | 450/3 | €29,042 | €13,911 | -€15,132 | -52.1% |
| Remuneration and social security | 454/9 | €2,404 | €2,345 | -€59 | -2.5% |
| Other amounts payable | 47/48 | €199 | €3,079 | +€2,880 | +1,451% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,961 | €14,727 | +€2,766 | +23.1% |
| Other operating charges | 640/8 | €1,657 | €849 | -€808 | -48.8% |
| Gross operating margin | 9900 | €125,352 | €60,080 | -€65,271 | -52.1% |
| Operating profit (loss) | 9901 | €111,734 | €44,505 | -€67,229 | -60.2% |
| Financial charges | 65/66B | €124 | €217 | +€93 | +75.3% |
| Recurring financial charges | 65 | €124 | €217 | +€93 | +75.3% |
| Profit (loss) for the period before taxes | 9903 | €111,610 | €44,288 | -€67,322 | -60.3% |
| Income taxes | 67/77 | €22,900 | €8,750 | -€14,150 | -61.8% |
| Profit (loss) for the period | 9904 | €88,710 | €35,538 | -€53,172 | -59.9% |
| Profit (loss) for the period to be appropriated | 9905 | €88,710 | €35,538 | -€53,172 | -59.9% |
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 24 October 2026 via checked.be.