S.I.M.P.: what changed
S.I.M.P.
Largest movements
- Receivables within one year +€69,353
up €69,353 (+208%), from €33,393 to €102,746
of which Trade receivables: +€74,187
- Cash +€12,576
up €12,576 (+9.0%), from €139,162 to €151,739
mainly Other debts (+€73,045) and Net result for the year (+€70,962)
- Other debts +€73,045
new in 2025: €73,045
- Tax, wage and social debts +€17,338
up €17,338 (+99.8%), from €17,380 to €34,718
- Reserves -€9,622
down €9,622 (-6.8%), from €140,504 to €130,882
of which Distributable reserves: -€9,622
- Trade debts +€2,970
up €2,970 (+262%), from €1,133 to €4,102
- Gross operating margin +€62,104
up €62,104 (+142%), from €43,688 to €105,791
- Taxes +€16,855
up €16,855 (+135%), from €12,450 to €29,306
- Other operating charges +€2,780
up €2,780 (+249%), from €1,117 to €3,897
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 | €177,617 | €261,347 | +€83,730 | +47.1% |
| Fixed assets | 21/28 | €3,936 | €6,050 | +€2,115 | +53.7% |
| Tangible fixed assets | 22/27 | €3,936 | €6,050 | +€2,115 | +53.7% |
| Furniture and vehicles | 24 | €3,936 | €6,050 | +€2,115 | +53.7% |
| Current assets | 29/58 | €173,681 | €255,297 | +€81,616 | +47.0% |
| Amounts receivable within one year | 40/41 | €33,393 | €102,746 | +€69,353 | +208% |
| Trade receivables | 40 | €28,526 | €102,712 | +€74,187 | +260% |
| Other amounts receivable | 41 | €4,867 | €34 | -€4,834 | -99.3% |
| Cash at bank and in hand | 54/58 | €139,162 | €151,739 | +€12,576 | +9.0% |
| Deferred charges and accrued income | 490/1 | €1,126 | €812 | -€314 | -27.9% |
| Total equity and liabilities | 10/49 | €177,617 | €261,347 | +€83,730 | +47.1% |
| Equity | 10/15 | €159,104 | €149,482 | -€9,622 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €140,504 | €130,882 | -€9,622 | -6.8% |
| Non-distributable reserves | 130/1 | €1,395 | €1,395 | = | 0.0% |
| Other | 1319 | €1,395 | €1,395 | = | 0.0% |
| Distributable reserves | 133 | €139,109 | €129,487 | -€9,622 | -6.9% |
| Amounts payable | 17/49 | €18,513 | €111,865 | +€93,352 | +504% |
| Amounts payable within one year | 42/48 | €18,513 | €111,865 | +€93,352 | +504% |
| Trade debts | 44 | €1,133 | €4,102 | +€2,970 | +262% |
| Suppliers | 440/4 | €1,133 | €4,102 | +€2,970 | +262% |
| Taxes, remuneration and social security | 45 | €17,380 | €34,718 | +€17,338 | +99.8% |
| Taxes | 450/3 | €17,380 | €34,718 | +€17,338 | +99.8% |
| Other amounts payable | 47/48 | - | €73,045 | +€73,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €261 | €493 | +€232 | +89.2% |
| Other operating charges | 640/8 | €1,117 | €3,897 | +€2,780 | +249% |
| Gross operating margin | 9900 | €43,688 | €105,791 | +€62,104 | +142% |
| Operating profit (loss) | 9901 | €42,310 | €101,401 | +€59,091 | +140% |
| Financial income | 75/76B | €231 | - | -€231 | |
| Recurring financial income | 75 | €231 | - | -€231 | |
| Financial charges | 65/66B | €1,433 | €1,134 | -€299 | -20.9% |
| Recurring financial charges | 65 | €1,433 | €1,134 | -€299 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €41,108 | €100,267 | +€59,159 | +144% |
| Income taxes | 67/77 | €12,450 | €29,306 | +€16,855 | +135% |
| Profit (loss) for the period | 9904 | €28,658 | €70,962 | +€42,304 | +148% |
| Profit (loss) for the period to be appropriated | 9905 | €28,658 | €70,962 | +€42,304 | +148% |
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 4 November 2026 via checked.be.