SIMULATRIX: what changed
Two fiscal 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.
SIMULATRIX
Largest movements
- Tangible fixed assets -€18,227
down €18,227 (-11.3%), from €161,454 to €143,227
of which Plant, machinery and equipment: -€10,445
- Receivables within one year -€2,950
down €2,950 (-48.7%), from €6,062 to €3,112
of which Trade receivables: -€5,583
- Cash -€1,725
down €1,725 (-63.5%), from €2,718 to €992
mainly Net result for the year (-€39,418) and Trade debts (-€4,354)
- Profit (loss) carried forward -€39,460
down €39,460 (-71.6%), from -€55,144 to -€94,604
- Other debts +€20,794
up €20,794 (+9.9%), from €210,665 to €231,459
- Trade debts -€4,354
down €4,354 (-73.6%), from €5,916 to €1,562
- Gross operating margin +€17,675
up €17,675 (+47.2%), from -€37,467 to -€19,791
- Depreciation +€1,361
up €1,361 (+8.0%), from €17,104 to €18,464
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 | €171,437 | €148,417 | -€23,020 | -13.4% |
| Fixed assets | 21/28 | €162,626 | €144,119 | -€18,507 | -11.4% |
| Intangible fixed assets | 21 | €1,172 | €892 | -€280 | -23.9% |
| Tangible fixed assets | 22/27 | €161,454 | €143,227 | -€18,227 | -11.3% |
| Plant, machinery and equipment | 23 | €90,198 | €79,753 | -€10,445 | -11.6% |
| Furniture and vehicles | 24 | €71,256 | €63,474 | -€7,781 | -10.9% |
| Current assets | 29/58 | €8,812 | €4,298 | -€4,514 | -51.2% |
| Amounts receivable within one year | 40/41 | €6,062 | €3,112 | -€2,950 | -48.7% |
| Trade receivables | 40 | €5,583 | - | -€5,583 | |
| Other amounts receivable | 41 | €479 | €3,112 | +€2,633 | +550.0% |
| Cash at bank and in hand | 54/58 | €2,718 | €992 | -€1,725 | -63.5% |
| Deferred charges and accrued income | 490/1 | €32 | €194 | +€162 | +505.5% |
| Total equity and liabilities | 10/49 | €171,437 | €148,417 | -€23,020 | -13.4% |
| Equity | 10/15 | -€45,144 | -€84,604 | -€39,460 | -87.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,144 | -€94,604 | -€39,460 | -71.6% |
| Amounts payable | 17/49 | €216,581 | €233,021 | +€16,440 | +7.6% |
| Amounts payable within one year | 42/48 | €216,581 | €233,021 | +€16,440 | +7.6% |
| Trade debts | 44 | €5,916 | €1,562 | -€4,354 | -73.6% |
| Suppliers | 440/4 | €5,916 | €1,562 | -€4,354 | -73.6% |
| Other amounts payable | 47/48 | €210,665 | €231,459 | +€20,794 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,104 | €18,464 | +€1,361 | +8.0% |
| Other operating charges | 640/8 | €635 | €1,008 | +€373 | +58.7% |
| Gross operating margin | 9900 | -€37,467 | -€19,791 | +€17,675 | +47.2% |
| Operating profit (loss) | 9901 | -€55,206 | -€39,264 | +€15,941 | +28.9% |
| Financial income | 75/76B | €95 | - | -€95 | |
| Recurring financial income | 75 | €95 | - | -€95 | |
| Financial charges | 65/66B | €33 | €154 | +€121 | +365.6% |
| Recurring financial charges | 65 | €33 | €154 | +€121 | +365.6% |
| Profit (loss) for the period before taxes | 9903 | -€55,144 | -€39,418 | +€15,726 | +28.5% |
| Profit (loss) for the period | 9904 | -€55,144 | -€39,418 | +€15,726 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,144 | -€39,418 | +€15,726 | +28.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.