Simpato: 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.
Simpato
Largest movements
- Receivables after one year +€298,293
up €298,293 (+97.9%), from €304,736 to €603,029
- Cash +€171,744
up €171,744 (+1901.7%), from €9,031 to €180,775
mainly Net result for the year (+€580,756) and Depreciation (+€9,711)
- Financial fixed assets +€10,732
up €10,732 (+6.2%), from €174,314 to €185,046
- Reserves +€540,756
up €540,756 (+133.5%), from €405,181 to €945,937
of which Distributable reserves: +€540,756
- Other debts -€55,250
no longer reported in 2025 (was €55,250)
- Tax, wage and social debts -€17,941
down €17,941 (-51.8%), from €34,666 to €16,725
- Gross operating margin +€431,222
up €431,222 (+274.8%), from €156,941 to €588,163
- Financial charges -€31,094
down €31,094 (-95.7%), from €32,494 to €1,400
of which Non-recurring financial charges: -€30,952
- Financial income +€6,272
up €6,272 (+117.3%), from €5,345 to €11,617
- Taxes -€6,048
down €6,048 (-51.1%), from €11,830 to €5,782
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 | €534,422 | €998,200 | +€463,778 | +86.8% |
| Fixed assets | 21/28 | €199,507 | €201,326 | +€1,819 | +0.9% |
| Tangible fixed assets | 22/27 | €25,193 | €16,280 | -€8,913 | -35.4% |
| Plant, machinery and equipment | 23 | €4,052 | €2,196 | -€1,856 | -45.8% |
| Furniture and vehicles | 24 | €2,835 | €2,445 | -€390 | -13.8% |
| Other tangible fixed assets | 26 | €18,306 | €11,639 | -€6,667 | -36.4% |
| Financial fixed assets | 28 | €174,314 | €185,046 | +€10,732 | +6.2% |
| Current assets | 29/58 | €334,915 | €796,874 | +€461,959 | +137.9% |
| Amounts receivable after more than one year | 29 | €304,736 | €603,029 | +€298,293 | +97.9% |
| Other amounts receivable | 291 | €304,736 | €603,029 | +€298,293 | +97.9% |
| Amounts receivable within one year | 40/41 | €21,148 | €12,425 | -€8,723 | -41.2% |
| Trade receivables | 40 | €21,148 | €12,425 | -€8,723 | -41.2% |
| Cash at bank and in hand | 54/58 | €9,031 | €180,775 | +€171,744 | +1901.7% |
| Deferred charges and accrued income | 490/1 | - | €645 | +€645 | |
| Total equity and liabilities | 10/49 | €534,422 | €998,200 | +€463,778 | +86.8% |
| Equity | 10/15 | €415,181 | €955,937 | +€540,756 | +130.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €405,181 | €945,937 | +€540,756 | +133.5% |
| Tax-exempt reserves | 132 | €16,502 | €16,502 | = | 0.0% |
| Distributable reserves | 133 | €388,679 | €929,435 | +€540,756 | +139.1% |
| Amounts payable | 17/49 | €119,241 | €42,263 | -€76,978 | -64.6% |
| Amounts payable after more than one year | 17 | €17,676 | €13,269 | -€4,407 | -24.9% |
| Financial debts | 170/4 | €17,676 | €7,564 | -€10,112 | -57.2% |
| Other amounts payable | 178/9 | - | €5,705 | +€5,705 | |
| Amounts payable within one year | 42/48 | €101,565 | €28,994 | -€72,571 | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €10,037 | €10,112 | +€75 | +0.7% |
| Trade debts | 44 | €1,612 | €2,157 | +€545 | +33.8% |
| Suppliers | 440/4 | €1,612 | €2,157 | +€545 | +33.8% |
| Taxes, remuneration and social security | 45 | €34,666 | €16,725 | -€17,941 | -51.8% |
| Taxes | 450/3 | €34,666 | €16,725 | -€17,941 | -51.8% |
| Other amounts payable | 47/48 | €55,250 | - | -€55,250 | |
| Non-recurring operating income | 76A | €88,271 | €563,869 | +€475,598 | +538.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,403 | €9,711 | +€5,308 | +120.6% |
| Other operating charges | 640/8 | €958 | €1,547 | +€589 | +61.5% |
| Non-recurring operating charges | 66A | €708 | €584 | -€124 | -17.5% |
| Gross operating margin | 9900 | €156,941 | €588,163 | +€431,222 | +274.8% |
| Operating profit (loss) | 9901 | €150,872 | €576,321 | +€425,449 | +282.0% |
| Financial income | 75/76B | €5,345 | €11,617 | +€6,272 | +117.3% |
| Recurring financial income | 75 | €5,345 | €11,617 | +€6,272 | +117.3% |
| Financial charges | 65/66B | €32,494 | €1,400 | -€31,094 | -95.7% |
| Recurring financial charges | 65 | €1,542 | €1,400 | -€142 | -9.2% |
| Non-recurring financial charges | 66B | €30,952 | - | -€30,952 | |
| Profit (loss) for the period before taxes | 9903 | €123,723 | €586,538 | +€462,815 | +374.1% |
| Income taxes | 67/77 | €11,830 | €5,782 | -€6,048 | -51.1% |
| Profit (loss) for the period | 9904 | €111,893 | €580,756 | +€468,863 | +419.0% |
| Profit (loss) for the period to be appropriated | 9905 | €111,893 | €580,756 | +€468,863 | +419.0% |
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 11 October 2026 via checked.be.