NEW SIMA: what changed
Two financial 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.
NEW SIMA
Largest movements
- Tangible fixed assets -€16,023
down €16,023 (-16.9%), from €94,732 to €78,710
of which Plant, machinery and equipment: -€16,023
- Cash +€12,218
up €12,218 (+291%), from €4,204 to €16,422
mainly Depreciation (+€16,023) and Accrued charges and deferred income (+€2,784)
- Reserves -€6,589
down €6,589 (-33.6%), from €19,606 to €13,017
of which Distributable reserves: -€6,589
- Accrued charges and deferred income +€2,784
up €2,784 (+69.8%), from €3,988 to €6,773
- Gross operating margin +€5,378
up €5,378 (+72.8%), from €7,387 to €12,764
- Depreciation +€5,172
up €5,172 (+47.7%), from €10,850 to €16,023
- Other operating charges +€189
up €189 (+6.4%), from €2,961 to €3,150
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,936 | €95,132 | -€3,805 | -3.8% |
| Fixed assets | 21/28 | €94,732 | €78,710 | -€16,023 | -16.9% |
| Tangible fixed assets | 22/27 | €94,732 | €78,710 | -€16,023 | -16.9% |
| Land and buildings | 22 | €30,518 | €30,518 | = | 0.0% |
| Plant, machinery and equipment | 23 | €64,215 | €48,192 | -€16,023 | -25.0% |
| Current assets | 29/58 | €4,204 | €16,422 | +€12,218 | +291% |
| Cash at bank and in hand | 54/58 | €4,204 | €16,422 | +€12,218 | +291% |
| Total equity and liabilities | 10/49 | €98,936 | €95,132 | -€3,805 | -3.8% |
| Equity | 10/15 | €81,606 | €75,017 | -€6,589 | -8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €19,606 | €13,017 | -€6,589 | -33.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €13,406 | €6,817 | -€6,589 | -49.1% |
| Amounts payable | 17/49 | €17,331 | €20,115 | +€2,784 | +16.1% |
| Amounts payable within one year | 42/48 | €13,342 | €13,342 | = | 0.0% |
| Other amounts payable | 47/48 | €13,342 | €13,342 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,988 | €6,773 | +€2,784 | +69.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,850 | €16,023 | +€5,172 | +47.7% |
| Other operating charges | 640/8 | €2,961 | €3,150 | +€189 | +6.4% |
| Gross operating margin | 9900 | €7,387 | €12,764 | +€5,378 | +72.8% |
| Operating profit (loss) | 9901 | -€6,425 | -€6,409 | +€16 | +0.3% |
| Financial charges | 65/66B | €233 | €180 | -€53 | -22.6% |
| Recurring financial charges | 65 | €233 | €180 | -€53 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,658 | -€6,589 | +€69 | +1.0% |
| Profit (loss) for the period | 9904 | -€6,658 | -€6,589 | +€69 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,658 | -€6,589 | +€69 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.