SIMI: what changed
SIMI
Largest movements
- Intangible fixed assets +€34,250
up €34,250 (+93.6%), from €36,596 to €70,846
- Receivables within one year +€27,383
up €27,383 (+2,364%), from €1,158 to €28,541
- Other debts +€77,833
up €77,833 (+86.5%), from €90,002 to €167,835
- Profit (loss) carried forward -€18,784
down €18,784 (-30.1%), from -€62,424 to -€81,208
- Trade debts +€2,409
up €2,409 (+84.0%), from €2,869 to €5,278
- Depreciation +€7,750
up €7,750 (+310%), from €2,500 to €10,250
- Gross operating margin +€7,716
up €7,716 (+48.2%), from -€16,017 to -€8,301
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,947 | €99,405 | +€61,458 | +162% |
| Fixed assets | 21/28 | €36,596 | €70,846 | +€34,250 | +93.6% |
| Intangible fixed assets | 21 | €36,596 | €70,846 | +€34,250 | +93.6% |
| Current assets | 29/58 | €1,351 | €28,559 | +€27,208 | +2,014% |
| Amounts receivable within one year | 40/41 | €1,158 | €28,541 | +€27,383 | +2,364% |
| Other amounts receivable | 41 | €1,158 | €28,541 | +€27,383 | +2,364% |
| Cash at bank and in hand | 54/58 | €193 | €18 | -€175 | -90.7% |
| Total equity and liabilities | 10/49 | €37,947 | €99,405 | +€61,458 | +162% |
| Equity | 10/15 | -€54,924 | -€73,708 | -€18,784 | -34.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,424 | -€81,208 | -€18,784 | -30.1% |
| Amounts payable | 17/49 | €92,870 | €173,113 | +€80,242 | +86.4% |
| Amounts payable within one year | 42/48 | €92,870 | €173,113 | +€80,242 | +86.4% |
| Trade debts | 44 | €2,869 | €5,278 | +€2,409 | +84.0% |
| Suppliers | 440/4 | €2,869 | €5,278 | +€2,409 | +84.0% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €90,002 | €167,835 | +€77,833 | +86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €10,250 | +€7,750 | +310% |
| Gross operating margin | 9900 | -€16,017 | -€8,301 | +€7,716 | +48.2% |
| Operating profit (loss) | 9901 | -€18,517 | -€18,551 | -€34 | -0.2% |
| Financial charges | 65/66B | €362 | €234 | -€128 | -35.4% |
| Recurring financial charges | 65 | €362 | €234 | -€128 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,878 | -€18,784 | +€94 | +0.5% |
| Profit (loss) for the period | 9904 | -€18,878 | -€18,784 | +€94 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,878 | -€18,784 | +€94 | +0.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.