SIMOTECH: 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.
SIMOTECH
Largest movements
- Tangible fixed assets -€25,131
down €25,131 (-21.5%), from €117,123 to €91,992
of which Furniture and vehicles: -€23,388
- Cash +€4,941
up €4,941 (+39.9%), from €12,394 to €17,335
mainly Other debts (+€25,000) and Net result for the year (+€23,825)
- Receivables within one year +€4,146
up €4,146 (+7.5%), from €55,176 to €59,322
of which Trade receivables: +€2,565
- Reserves -€27,200
down €27,200 (-20.0%), from €136,270 to €109,070
- Other debts +€25,000
new in 2025: €25,000
- Current portion of long-term debt -€9,712
down €9,712 (-83.1%), from €11,680 to €1,968
- Debts after one year -€1,968
down €1,968 (-100%), from €1,968 to €0
- Turnover +€130,129
new in 2025: €130,129
- Purchases and services +€86,157
new in 2025: €86,157
- Gross operating margin -€10,717
down €10,717 (-18.8%), from €56,875 to €46,158
- Taxes -€5,602
down €5,602 (-45.8%), from €12,223 to €6,621
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 | €186,334 | €169,636 | -€16,697 | -9.0% |
| Fixed assets | 21/28 | €117,123 | €91,992 | -€25,131 | -21.5% |
| Tangible fixed assets | 22/27 | €117,123 | €91,992 | -€25,131 | -21.5% |
| Land and buildings | 22 | €14,850 | €14,850 | = | 0.0% |
| Plant, machinery and equipment | 23 | €407 | €0 | -€407 | -100% |
| Furniture and vehicles | 24 | €87,952 | €64,564 | -€23,388 | -26.6% |
| Other tangible fixed assets | 26 | €13,914 | €12,577 | -€1,337 | -9.6% |
| Current assets | 29/58 | €69,211 | €77,645 | +€8,434 | +12.2% |
| Amounts receivable within one year | 40/41 | €55,176 | €59,322 | +€4,146 | +7.5% |
| Trade receivables | 40 | €12,042 | €14,607 | +€2,565 | +21.3% |
| Other amounts receivable | 41 | €43,134 | €44,716 | +€1,581 | +3.7% |
| Cash at bank and in hand | 54/58 | €12,394 | €17,335 | +€4,941 | +39.9% |
| Deferred charges and accrued income | 490/1 | €1,640 | €987 | -€653 | -39.8% |
| Total equity and liabilities | 10/49 | €186,334 | €169,636 | -€16,697 | -9.0% |
| Equity | 10/15 | €156,149 | €127,774 | -€28,375 | -18.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,270 | €109,070 | -€27,200 | -20.0% |
| Distributable reserves | 133 | €136,270 | €109,070 | -€27,200 | -20.0% |
| Profit (loss) carried forward | 14 | €1,279 | €104 | -€1,175 | -91.9% |
| Amounts payable | 17/49 | €30,185 | €41,863 | +€11,678 | +38.7% |
| Amounts payable after more than one year | 17 | €1,968 | €0 | -€1,968 | -100% |
| Financial debts | 170/4 | €1,968 | €0 | -€1,968 | -100% |
| Amounts payable within one year | 42/48 | €27,829 | €41,463 | +€13,634 | +49.0% |
| Current portion of amounts payable after more than one year | 42 | €11,680 | €1,968 | -€9,712 | -83.1% |
| Trade debts | 44 | €5,047 | €4,501 | -€546 | -10.8% |
| Suppliers | 440/4 | €5,047 | €4,501 | -€546 | -10.8% |
| Taxes, remuneration and social security | 45 | €11,102 | €9,994 | -€1,108 | -10.0% |
| Taxes | 450/3 | €11,102 | €9,994 | -€1,108 | -10.0% |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Turnover | 70 | - | €130,129 | +€130,129 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €86,157 | +€86,157 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,383 | €12,991 | +€608 | +4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,500 | €600 | -€900 | -60.0% |
| Non-recurring operating charges | 66A | €3,073 | €4,671 | +€1,598 | +52.0% |
| Gross operating margin | 9900 | €56,875 | €46,158 | -€10,717 | -18.8% |
| Operating profit (loss) | 9901 | €39,919 | €27,895 | -€12,023 | -30.1% |
| Financial income | 75/76B | €1,883 | €2,879 | +€996 | +52.9% |
| Recurring financial income | 75 | €1,883 | €2,879 | +€996 | +52.9% |
| Financial charges | 65/66B | €557 | €328 | -€229 | -41.1% |
| Recurring financial charges | 65 | €557 | €328 | -€229 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €41,245 | €30,446 | -€10,799 | -26.2% |
| Income taxes | 67/77 | €12,223 | €6,621 | -€5,602 | -45.8% |
| Profit (loss) for the period | 9904 | €29,021 | €23,825 | -€5,196 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €29,021 | €23,825 | -€5,196 | -17.9% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.