SIMEDIC: what changed
SIMEDIC
Largest movements
- Receivables within one year -€56,151
down €56,151 (-23.7%), from €237,209 to €181,058
of which Other amounts receivable: -€36,274
- Cash +€31,495
up €31,495 (+6,427,490%), from €0 to €31,495
mainly Net result for the year (+€138,756) and Receivables within one year (+€56,151)
- Financial fixed assets -€20,604
down €20,604 (-37.3%), from €55,205 to €34,601
- Tangible fixed assets +€13,146
up €13,146 (+11.7%), from €112,025 to €125,171
of which Furniture and vehicles: +€10,570
- Provisions -€113,446
no longer reported in 2025 (was €113,446)
- Reserves +€48,750
up €48,750 (+129%), from €37,699 to €86,449
- Other debts +€21,838
up €21,838 (+23.5%), from €93,000 to €114,838
- Trade debts +€9,439
up €9,439 (+280%), from €3,367 to €12,806
- Provisions -€226,892
down €226,892, from €113,446 to -€113,446
- Financial charges +€134,061
up €134,061 (+2,769%), from €4,842 to €138,903
- Financial income -€66,187
down €66,187 (-98.4%), from €67,256 to €1,070
- Gross operating margin -€51,824
down €51,824 (-19.5%), from €265,905 to €214,082
- Taxes -€45,212
down €45,212 (-72.7%), from €62,187 to €16,974
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 | €425,086 | €389,181 | -€35,905 | -8.4% |
| Fixed assets | 21/28 | €167,230 | €159,772 | -€7,458 | -4.5% |
| Tangible fixed assets | 22/27 | €112,025 | €125,171 | +€13,146 | +11.7% |
| Furniture and vehicles | 24 | €110,545 | €121,115 | +€10,570 | +9.6% |
| Other tangible fixed assets | 26 | €1,479 | €4,055 | +€2,576 | +174% |
| Financial fixed assets | 28 | €55,205 | €34,601 | -€20,604 | -37.3% |
| Current assets | 29/58 | €257,856 | €229,409 | -€28,448 | -11.0% |
| Amounts receivable within one year | 40/41 | €237,209 | €181,058 | -€56,151 | -23.7% |
| Trade receivables | 40 | €86,260 | €66,382 | -€19,878 | -23.0% |
| Other amounts receivable | 41 | €150,949 | €114,676 | -€36,274 | -24.0% |
| Current investments | 50/53 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €31,495 | +€31,495 | +6,427,490% |
| Deferred charges and accrued income | 490/1 | €10,647 | €6,856 | -€3,791 | -35.6% |
| Total equity and liabilities | 10/49 | €425,086 | €389,181 | -€35,905 | -8.4% |
| Equity | 10/15 | €50,828 | €99,746 | +€48,918 | +96.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €37,699 | €86,449 | +€48,750 | +129% |
| Distributable reserves | 133 | €37,699 | €86,449 | +€48,750 | +129% |
| Profit (loss) carried forward | 14 | €728 | €897 | +€168 | +23.1% |
| Provisions and deferred taxes | 16 | €113,446 | - | -€113,446 | |
| Provisions for liabilities and charges | 160/5 | €113,446 | - | -€113,446 | |
| Other liabilities and charges | 164/5 | €113,446 | - | -€113,446 | |
| Amounts payable | 17/49 | €260,812 | €289,435 | +€28,622 | +11.0% |
| Amounts payable after more than one year | 17 | €82,335 | €80,991 | -€1,343 | -1.6% |
| Financial debts | 170/4 | €82,335 | €80,991 | -€1,343 | -1.6% |
| Amounts payable within one year | 42/48 | €178,153 | €208,443 | +€30,291 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €63,542 | €63,590 | +€48 | +0.1% |
| Financial debts | 43 | €1,057 | - | -€1,057 | |
| Credit institutions | 430/8 | €1,057 | - | -€1,057 | |
| Trade debts | 44 | €3,367 | €12,806 | +€9,439 | +280% |
| Suppliers | 440/4 | €3,367 | €12,806 | +€9,439 | +280% |
| Taxes, remuneration and social security | 45 | €17,187 | €17,210 | +€23 | +0.1% |
| Taxes | 450/3 | €17,187 | €17,210 | +€23 | +0.1% |
| Other amounts payable | 47/48 | €93,000 | €114,838 | +€21,838 | +23.5% |
| Accrued charges and deferred income | 492/3 | €325 | - | -€325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,170 | €31,737 | +€6,567 | +26.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €113,446 | -€113,446 | -€226,892 | |
| Other operating charges | 640/8 | €6,557 | €2,226 | -€4,331 | -66.0% |
| Gross operating margin | 9900 | €265,905 | €214,082 | -€51,824 | -19.5% |
| Operating profit (loss) | 9901 | €120,732 | €293,564 | +€172,832 | +143% |
| Financial income | 75/76B | €67,256 | €1,070 | -€66,187 | -98.4% |
| Recurring financial income | 75 | €67,256 | €1,070 | -€66,187 | -98.4% |
| Financial charges | 65/66B | €4,842 | €138,903 | +€134,061 | +2,769% |
| Recurring financial charges | 65 | €4,842 | €138,903 | +€134,061 | +2,769% |
| Profit (loss) for the period before taxes | 9903 | €183,147 | €155,731 | -€27,416 | -15.0% |
| Income taxes | 67/77 | €62,187 | €16,974 | -€45,212 | -72.7% |
| Profit (loss) for the period | 9904 | €120,960 | €138,756 | +€17,796 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €120,960 | €138,756 | +€17,796 | +14.7% |
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 2 November 2026 via checked.be.