SIMTECH: 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.
SIMTECH
Largest movements
- Cash +€5,053
up €5,053 (+48.1%), from €10,501 to €15,555
mainly Tax, wage and social debts (+€7,316) and Trade debts (+€2,129)
- Receivables within one year +€4,563
up €4,563 (+4.9%), from €93,115 to €97,678
of which Other amounts receivable: +€19,955
- Tangible fixed assets +€1,439
new in 2025: €1,439
- Tax, wage and social debts +€7,316
up €7,316 (+130%), from €5,626 to €12,943
of which Taxes: +€11,235
- Trade debts +€2,129
up €2,129 (+3.0%), from €70,576 to €72,705
- Other operating charges +€21,516
up €21,516 (+3,898%), from €552 to €22,068
- Taxes +€12,943
new in 2025: €12,943
- Staff costs -€11,244
down €11,244, from €9,314 to -€1,930
- Gross operating margin -€9,045
down €9,045 (-20.4%), from €44,425 to €35,380
- Depreciation -€1,448
down €1,448 (-95.7%), from €1,513 to €65
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 | €104,866 | €115,022 | +€10,156 | +9.7% |
| Fixed assets | 21/28 | €350 | €1,789 | +€1,439 | +411% |
| Tangible fixed assets | 22/27 | - | €1,439 | +€1,439 | |
| Plant, machinery and equipment | 23 | - | €1,439 | +€1,439 | |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €104,516 | €113,233 | +€8,717 | +8.3% |
| Amounts receivable within one year | 40/41 | €93,115 | €97,678 | +€4,563 | +4.9% |
| Trade receivables | 40 | €74,080 | €58,688 | -€15,391 | -20.8% |
| Other amounts receivable | 41 | €19,035 | €38,990 | +€19,955 | +105% |
| Cash at bank and in hand | 54/58 | €10,501 | €15,555 | +€5,053 | +48.1% |
| Deferred charges and accrued income | 490/1 | €900 | - | -€900 | |
| Total equity and liabilities | 10/49 | €104,866 | €115,022 | +€10,156 | +9.7% |
| Equity | 10/15 | €28,284 | €29,374 | +€1,091 | +3.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,024 | €15,114 | +€1,091 | +7.8% |
| Amounts payable | 17/49 | €76,583 | €85,648 | +€9,065 | +11.8% |
| Amounts payable within one year | 42/48 | €76,203 | €85,648 | +€9,445 | +12.4% |
| Trade debts | 44 | €70,576 | €72,705 | +€2,129 | +3.0% |
| Suppliers | 440/4 | €70,576 | €72,705 | +€2,129 | +3.0% |
| Taxes, remuneration and social security | 45 | €5,626 | €12,943 | +€7,316 | +130% |
| Taxes | 450/3 | €1,708 | €12,943 | +€11,235 | +658% |
| Remuneration and social security | 454/9 | €3,919 | - | -€3,919 | |
| Accrued charges and deferred income | 492/3 | €380 | - | -€380 | |
| Remuneration, social security and pensions | 62 | €9,314 | -€1,930 | -€11,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,513 | €65 | -€1,448 | -95.7% |
| Other operating charges | 640/8 | €552 | €22,068 | +€21,516 | +3,898% |
| Gross operating margin | 9900 | €44,425 | €35,380 | -€9,045 | -20.4% |
| Operating profit (loss) | 9901 | €33,046 | €15,178 | -€17,868 | -54.1% |
| Financial income | 75/76B | €0 | €3 | +€2 | +848% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +848% |
| Financial charges | 65/66B | €437 | €1,148 | +€711 | +163% |
| Recurring financial charges | 65 | €437 | €1,148 | +€711 | +163% |
| Profit (loss) for the period before taxes | 9903 | €32,609 | €14,033 | -€18,576 | -57.0% |
| Income taxes | 67/77 | - | €12,943 | +€12,943 | |
| Profit (loss) for the period | 9904 | €32,609 | €1,091 | -€31,518 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,609 | €1,091 | -€31,518 | -96.7% |
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 19 October 2026 via checked.be.