SIMRO: 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.
SIMRO
Largest movements
- Receivables within one year +€93,980
up €93,980 (+131.2%), from €71,647 to €165,628
of which Trade receivables: +€90,396
- Cash -€9,452
down €9,452 (-93.2%), from €10,144 to €692
mainly Receivables within one year (-€93,980) and Investment in fixed assets (net) (-€12,846)
- Deferred charges and accrued income +€5,750
up €5,750 (+290.7%), from €1,978 to €7,728
- Tangible fixed assets +€3,765
up €3,765 (+23.8%), from €15,846 to €19,611
of which Furniture and vehicles: +€5,461
- Tax, wage and social debts +€42,624
up €42,624 (+220.3%), from €19,351 to €61,975
- Trade debts +€34,886
up €34,886 (+52.5%), from €66,410 to €101,296
- Other debts +€8,756
up €8,756 (+63.7%), from €13,744 to €22,500
- Profit (loss) carried forward +€7,610
up €7,610, from -€4,389 to €3,221
- Gross operating margin +€116,990
up €116,990 (+536.2%), from €21,818 to €138,808
- Staff costs +€99,510
new in 2025: €99,510
- Financial charges +€5,651
up €5,651 (+524.1%), from €1,078 to €6,730
- Write-downs +€3,440
up €3,440 (+204.3%), from €1,684 to €5,124
- Taxes +€3,124
up €3,124 (+57.8%), from €5,407 to €8,531
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 | €105,115 | €199,407 | +€94,293 | +89.7% |
| Fixed assets | 21/28 | €15,846 | €19,861 | +€4,015 | +25.3% |
| Tangible fixed assets | 22/27 | €15,846 | €19,611 | +€3,765 | +23.8% |
| Plant, machinery and equipment | 23 | €6,916 | €5,219 | -€1,697 | -24.5% |
| Furniture and vehicles | 24 | €8,930 | €14,392 | +€5,461 | +61.2% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €89,269 | €179,547 | +€90,278 | +101.1% |
| Stocks and contracts in progress | 3 | €5,500 | €5,500 | = | 0.0% |
| Stocks | 30/36 | €5,500 | €5,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €71,647 | €165,628 | +€93,980 | +131.2% |
| Trade receivables | 40 | €60,019 | €150,415 | +€90,396 | +150.6% |
| Other amounts receivable | 41 | €11,628 | €15,212 | +€3,584 | +30.8% |
| Cash at bank and in hand | 54/58 | €10,144 | €692 | -€9,452 | -93.2% |
| Deferred charges and accrued income | 490/1 | €1,978 | €7,728 | +€5,750 | +290.7% |
| Total equity and liabilities | 10/49 | €105,115 | €199,407 | +€94,293 | +89.7% |
| Equity | 10/15 | €5,611 | €13,221 | +€7,610 | +135.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,389 | €3,221 | +€7,610 | |
| Amounts payable | 17/49 | €99,504 | €186,187 | +€86,683 | +87.1% |
| Amounts payable within one year | 42/48 | €99,504 | €185,771 | +€86,267 | +86.7% |
| Trade debts | 44 | €66,410 | €101,296 | +€34,886 | +52.5% |
| Suppliers | 440/4 | €66,410 | €101,296 | +€34,886 | +52.5% |
| Taxes, remuneration and social security | 45 | €19,351 | €61,975 | +€42,624 | +220.3% |
| Taxes | 450/3 | €19,351 | €61,975 | +€42,624 | +220.3% |
| Other amounts payable | 47/48 | €13,744 | €22,500 | +€8,756 | +63.7% |
| Accrued charges and deferred income | 492/3 | - | €416 | +€416 | |
| Non-recurring operating income | 76A | €8,908 | €3,885 | -€5,023 | -56.4% |
| Remuneration, social security and pensions | 62 | - | €99,510 | +€99,510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,076 | €8,831 | +€1,755 | +24.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,684 | €5,124 | +€3,440 | +204.3% |
| Other operating charges | 640/8 | €5,382 | €2,684 | -€2,698 | -50.1% |
| Gross operating margin | 9900 | €21,818 | €138,808 | +€116,990 | +536.2% |
| Operating profit (loss) | 9901 | €7,677 | €22,660 | +€14,983 | +195.2% |
| Financial income | 75/76B | €251 | €211 | -€40 | -16.1% |
| Recurring financial income | 75 | €251 | €211 | -€40 | -16.1% |
| Financial charges | 65/66B | €1,078 | €6,730 | +€5,651 | +524.1% |
| Recurring financial charges | 65 | €1,078 | €6,730 | +€5,651 | +524.1% |
| Profit (loss) for the period before taxes | 9903 | €6,849 | €16,141 | +€9,292 | +135.7% |
| Income taxes | 67/77 | €5,407 | €8,531 | +€3,124 | +57.8% |
| Profit (loss) for the period | 9904 | €1,442 | €7,610 | +€6,168 | +427.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,442 | €7,610 | +€6,168 | +427.7% |
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 9 October 2026 via checked.be.