EURO SIM: 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.
EURO SIM
Largest movements
- Receivables within one year -€17,540
no longer reported in 2025 (was €17,540)
- Cash +€8,206
up €8,206 (+23.0%), from €35,607 to €43,813
mainly Receivables within one year (+€17,540) and Depreciation (+€7,320)
- Tangible fixed assets -€3,320
down €3,320 (-9.0%), from €37,012 to €33,692
of which Other tangible fixed assets: -€3,768
- Deferred charges and accrued income -€1,011
down €1,011 (-62.2%), from €1,626 to €615
- Stocks and contracts +€1,004
up €1,004 (+79.1%), from €1,269 to €2,274
- Tax, wage and social debts -€5,336
down €5,336 (-65.4%), from €8,153 to €2,817
of which Remuneration and social security: -€2,904
- Debts after one year -€4,028
no longer reported in 2025 (was €4,028)
- Trade debts -€3,538
down €3,538 (-73.0%), from €4,845 to €1,307
- Staff costs +€18,471
up €18,471 (+76.2%), from €24,255 to €42,726
- Gross operating margin +€13,066
up €13,066 (+31.9%), from €40,899 to €53,965
- Turnover +€5,689
up €5,689 (+3.5%), from €162,075 to €167,763
- Purchases and services +€3,977
up €3,977 (+3.2%), from €124,697 to €128,674
- Taxes -€3,616
down €3,616 (-98.4%), from €3,676 to €60
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 | €94,413 | €81,752 | -€12,661 | -13.4% |
| Fixed assets | 21/28 | €38,371 | €35,051 | -€3,320 | -8.7% |
| Tangible fixed assets | 22/27 | €37,012 | €33,692 | -€3,320 | -9.0% |
| Plant, machinery and equipment | 23 | €31,429 | €29,460 | -€1,968 | -6.3% |
| Furniture and vehicles | 24 | €586 | €3,002 | +€2,416 | +412.4% |
| Other tangible fixed assets | 26 | €4,997 | €1,229 | -€3,768 | -75.4% |
| Financial fixed assets | 28 | €1,359 | €1,359 | = | 0.0% |
| Current assets | 29/58 | €56,042 | €46,701 | -€9,341 | -16.7% |
| Stocks and contracts in progress | 3 | €1,269 | €2,274 | +€1,004 | +79.1% |
| Stocks | 30/36 | €1,269 | €2,274 | +€1,004 | +79.1% |
| Amounts receivable within one year | 40/41 | €17,540 | - | -€17,540 | |
| Other amounts receivable | 41 | €17,540 | - | -€17,540 | |
| Cash at bank and in hand | 54/58 | €35,607 | €43,813 | +€8,206 | +23.0% |
| Deferred charges and accrued income | 490/1 | €1,626 | €615 | -€1,011 | -62.2% |
| Total equity and liabilities | 10/49 | €94,413 | €81,752 | -€12,661 | -13.4% |
| Equity | 10/15 | €77,387 | €77,627 | +€240 | +0.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,084 | €1,084 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,084 | €1,084 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,084 | €1,084 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,904 | €64,144 | +€240 | +0.4% |
| Amounts payable | 17/49 | €17,026 | €4,124 | -€12,901 | -75.8% |
| Amounts payable after more than one year | 17 | €4,028 | - | -€4,028 | |
| Financial debts | 170/4 | €4,028 | - | -€4,028 | |
| Amounts payable within one year | 42/48 | €12,997 | €4,124 | -€8,873 | -68.3% |
| Trade debts | 44 | €4,845 | €1,307 | -€3,538 | -73.0% |
| Suppliers | 440/4 | €4,845 | €1,307 | -€3,538 | -73.0% |
| Taxes, remuneration and social security | 45 | €8,153 | €2,817 | -€5,336 | -65.4% |
| Taxes | 450/3 | €4,920 | €2,488 | -€2,432 | -49.4% |
| Remuneration and social security | 454/9 | €3,233 | €329 | -€2,904 | -89.8% |
| Turnover | 70 | €162,075 | €167,763 | +€5,689 | +3.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €124,697 | €128,674 | +€3,977 | +3.2% |
| Remuneration, social security and pensions | 62 | €24,255 | €42,726 | +€18,471 | +76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,542 | €7,320 | +€778 | +11.9% |
| Other operating charges | 640/8 | €3,332 | €3,436 | +€104 | +3.1% |
| Gross operating margin | 9900 | €40,899 | €53,965 | +€13,066 | +31.9% |
| Operating profit (loss) | 9901 | €6,770 | €482 | -€6,287 | -92.9% |
| Financial income | 75/76B | €1,115 | - | -€1,115 | |
| Recurring financial income | 75 | €1,115 | - | -€1,115 | |
| Financial charges | 65/66B | €182 | €182 | +€0 | +0.2% |
| Recurring financial charges | 65 | €182 | €182 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €7,703 | €300 | -€7,403 | -96.1% |
| Income taxes | 67/77 | €3,676 | €60 | -€3,616 | -98.4% |
| Profit (loss) for the period | 9904 | €4,027 | €240 | -€3,787 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,027 | €240 | -€3,787 | -94.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.