SIMARFI COPILOT: what changed
SIMARFI COPILOT
Largest movements
- Receivables within one year +€21,441
up €21,441 (+113%), from €19,022 to €40,463
of which Trade receivables: +€21,407
- Debts after one year -€78,813
down €78,813 (-18.4%), from €428,452 to €349,639
- Trade debts +€63,759
up €63,759 (+159%), from €40,130 to €103,889
- Profit (loss) carried forward +€21,972
up €21,972 (+11.8%), from €185,493 to €207,465
- Other debts +€13,230
up €13,230 (+24.8%), from €53,382 to €66,612
- Gross operating margin -€40,262
down €40,262 (-48.9%), from €82,344 to €42,082
- Financial charges -€1,834
down €1,834 (-22.7%), from €8,092 to €6,258
- Taxes -€1,125
down €1,125 (-8.2%), from €13,778 to €12,653
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 | €969,408 | €990,472 | +€21,063 | +2.2% |
| Fixed assets | 21/28 | €950,000 | €950,000 | = | 0.0% |
| Financial fixed assets | 28 | €950,000 | €950,000 | = | 0.0% |
| Current assets | 29/58 | €19,408 | €40,472 | +€21,063 | +109% |
| Amounts receivable within one year | 40/41 | €19,022 | €40,463 | +€21,441 | +113% |
| Trade receivables | 40 | €17,817 | €39,224 | +€21,407 | +120% |
| Other amounts receivable | 41 | €1,205 | €1,239 | +€35 | +2.9% |
| Cash at bank and in hand | 54/58 | €386 | €8 | -€378 | -97.8% |
| Total equity and liabilities | 10/49 | €969,408 | €990,472 | +€21,063 | +2.2% |
| Equity | 10/15 | €335,493 | €357,465 | +€21,972 | +6.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,493 | €207,465 | +€21,972 | +11.8% |
| Amounts payable | 17/49 | €633,915 | €633,007 | -€908 | -0.1% |
| Amounts payable after more than one year | 17 | €428,452 | €349,639 | -€78,813 | -18.4% |
| Financial debts | 170/4 | €428,452 | €349,639 | -€78,813 | -18.4% |
| Amounts payable within one year | 42/48 | €205,463 | €283,367 | +€77,905 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €77,868 | €78,813 | +€946 | +1.2% |
| Trade debts | 44 | €40,130 | €103,889 | +€63,759 | +159% |
| Suppliers | 440/4 | €40,130 | €103,889 | +€63,759 | +159% |
| Taxes, remuneration and social security | 45 | €34,083 | €34,053 | -€29 | -0.1% |
| Taxes | 450/3 | €34,083 | €34,053 | -€29 | -0.1% |
| Other amounts payable | 47/48 | €53,382 | €66,612 | +€13,230 | +24.8% |
| Non-recurring operating charges | 66A | - | €1,200 | +€1,200 | |
| Gross operating margin | 9900 | €82,344 | €42,082 | -€40,262 | -48.9% |
| Operating profit (loss) | 9901 | €82,344 | €40,882 | -€41,462 | -50.4% |
| Financial charges | 65/66B | €8,092 | €6,258 | -€1,834 | -22.7% |
| Recurring financial charges | 65 | €8,092 | €6,258 | -€1,834 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €74,252 | €34,624 | -€39,628 | -53.4% |
| Income taxes | 67/77 | €13,778 | €12,653 | -€1,125 | -8.2% |
| Profit (loss) for the period | 9904 | €60,475 | €21,972 | -€38,503 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,475 | €21,972 | -€38,503 | -63.7% |
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 3 November 2026 via checked.be.