SIMTECH FINANCE: 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 FINANCE
Largest movements
- Receivables after one year -€28,163
down €28,163 (-25.0%), from €112,788 to €84,626
of which Other amounts receivable: -€28,163
- Receivables within one year +€25,957
up €25,957 (+67.4%), from €38,496 to €64,454
of which Trade receivables: +€26,918
- Cash -€7,771
down €7,771 (-7.0%), from €110,575 to €102,804
mainly Contributions, distributions and other (-€36,000) and Receivables within one year (-€25,957)
- Trade debts -€6,166
down €6,166 (-45.2%), from €13,650 to €7,484
- Tax, wage and social debts -€6,010
down €6,010 (-90.7%), from €6,623 to €613
- Other operating charges -€6,870
down €6,870 (-31.3%), from €21,976 to €15,107
- Depreciation +€2,337
up €2,337 (+46.0%), from €5,080 to €7,417
- Taxes +€894
up €894 (+8.1%), from €11,024 to €11,917
- Gross operating margin -€845
down €845 (-1.2%), from €70,666 to €69,821
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 | €396,407 | €383,982 | -€12,424 | -3.1% |
| Fixed assets | 21/28 | €134,197 | €131,820 | -€2,377 | -1.8% |
| Tangible fixed assets | 22/27 | €134,197 | €131,820 | -€2,377 | -1.8% |
| Land and buildings | 22 | €77,438 | €77,438 | = | 0.0% |
| Plant, machinery and equipment | 23 | €56,758 | €54,382 | -€2,377 | -4.2% |
| Current assets | 29/58 | €262,210 | €252,162 | -€10,048 | -3.8% |
| Amounts receivable after more than one year | 29 | €112,788 | €84,626 | -€28,163 | -25.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €112,788 | €84,626 | -€28,163 | -25.0% |
| Amounts receivable within one year | 40/41 | €38,496 | €64,454 | +€25,957 | +67.4% |
| Trade receivables | 40 | €36,884 | €63,801 | +€26,918 | +73.0% |
| Other amounts receivable | 41 | €1,613 | €652 | -€961 | -59.6% |
| Cash at bank and in hand | 54/58 | €110,575 | €102,804 | -€7,771 | -7.0% |
| Deferred charges and accrued income | 490/1 | €350 | €279 | -€71 | -20.4% |
| Total equity and liabilities | 10/49 | €396,407 | €383,982 | -€12,424 | -3.1% |
| Equity | 10/15 | €340,088 | €339,840 | -€248 | -0.1% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €295,088 | €294,840 | -€248 | -0.1% |
| Distributable reserves | 133 | €295,088 | €294,840 | -€248 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,319 | €44,143 | -€12,176 | -21.6% |
| Amounts payable within one year | 42/48 | €56,274 | €44,098 | -€12,176 | -21.6% |
| Trade debts | 44 | €13,650 | €7,484 | -€6,166 | -45.2% |
| Suppliers | 440/4 | €13,650 | €7,484 | -€6,166 | -45.2% |
| Taxes, remuneration and social security | 45 | €6,623 | €613 | -€6,010 | -90.7% |
| Taxes | 450/3 | €6,623 | €613 | -€6,010 | -90.7% |
| Other amounts payable | 47/48 | €36,000 | €36,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €45 | €45 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,080 | €7,417 | +€2,337 | +46.0% |
| Other operating charges | 640/8 | €21,976 | €15,107 | -€6,870 | -31.3% |
| Gross operating margin | 9900 | €70,666 | €69,821 | -€845 | -1.2% |
| Operating profit (loss) | 9901 | €43,610 | €47,298 | +€3,688 | +8.5% |
| Financial income | 75/76B | €642 | €551 | -€92 | -14.2% |
| Recurring financial income | 75 | €642 | €551 | -€92 | -14.2% |
| Financial charges | 65/66B | €158 | €180 | +€23 | +14.3% |
| Recurring financial charges | 65 | €158 | €180 | +€23 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €44,095 | €47,669 | +€3,574 | +8.1% |
| Income taxes | 67/77 | €11,024 | €11,917 | +€894 | +8.1% |
| Profit (loss) for the period | 9904 | €33,071 | €35,752 | +€2,681 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,071 | €35,752 | +€2,681 | +8.1% |
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.