SIM CONSULT: 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.
SIM CONSULT
Largest movements
- Tangible fixed assets -€14,147
down €14,147 (-15.4%), from €92,157 to €78,010
of which Furniture and vehicles: -€13,239
- Cash -€8,101
down €8,101 (-33.9%), from €23,888 to €15,787
mainly Current portion of long-term debt (-€19,805) and Trade debts (-€11,079)
- Deferred charges and accrued income +€2,503
up €2,503 (+6,814%), from €37 to €2,540
- Current portion of long-term debt -€19,805
down €19,805 (-54.6%), from €36,292 to €16,487
- Profit (loss) carried forward +€14,077
up €14,077 (+25.7%), from -€54,806 to -€40,729
- Trade debts -€11,079
no longer reported in 2024 (was €11,079)
- Debts after one year -€4,748
down €4,748 (-20.0%), from €23,746 to €18,998
- Gross operating margin +€31,378
up €31,378 (+284%), from €11,062 to €42,440
- Financial charges +€4,334
up €4,334 (+183%), from €2,362 to €6,696
- Depreciation -€2,042
down €2,042 (-8.5%), from €23,906 to €21,864
- Financial income +€936
up €936 (+9,215%), from €10 to €946
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 | €162,438 | €141,638 | -€20,801 | -12.8% |
| Fixed assets | 21/28 | €92,157 | €78,010 | -€14,147 | -15.4% |
| Tangible fixed assets | 22/27 | €92,157 | €78,010 | -€14,147 | -15.4% |
| Land and buildings | 22 | €432 | €316 | -€116 | -26.8% |
| Plant, machinery and equipment | 23 | €55,761 | €54,969 | -€792 | -1.4% |
| Furniture and vehicles | 24 | €35,964 | €22,725 | -€13,239 | -36.8% |
| Current assets | 29/58 | €70,281 | €63,627 | -€6,654 | -9.5% |
| Stocks and contracts in progress | 3 | €7,986 | €7,865 | -€121 | -1.5% |
| Stocks | 30/36 | €7,986 | €7,865 | -€121 | -1.5% |
| Amounts receivable within one year | 40/41 | €38,370 | €37,435 | -€934 | -2.4% |
| Trade receivables | 40 | €22,513 | €21,578 | -€934 | -4.2% |
| Other amounts receivable | 41 | €15,857 | €15,857 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,888 | €15,787 | -€8,101 | -33.9% |
| Deferred charges and accrued income | 490/1 | €37 | €2,540 | +€2,503 | +6,814% |
| Total equity and liabilities | 10/49 | €162,438 | €141,638 | -€20,801 | -12.8% |
| Equity | 10/15 | €75,740 | €89,817 | +€14,077 | +18.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €118,146 | €118,146 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,860 | €36,860 | = | 0.0% |
| Distributable reserves | 133 | €79,426 | €79,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,806 | -€40,729 | +€14,077 | +25.7% |
| Amounts payable | 17/49 | €86,698 | €51,820 | -€34,878 | -40.2% |
| Amounts payable after more than one year | 17 | €23,746 | €18,998 | -€4,748 | -20.0% |
| Financial debts | 170/4 | €23,746 | €18,998 | -€4,748 | -20.0% |
| Amounts payable within one year | 42/48 | €62,952 | €32,822 | -€30,130 | -47.9% |
| Current portion of amounts payable after more than one year | 42 | €36,292 | €16,487 | -€19,805 | -54.6% |
| Trade debts | 44 | €11,079 | - | -€11,079 | |
| Suppliers | 440/4 | €11,079 | - | -€11,079 | |
| Taxes, remuneration and social security | 45 | €7,476 | €7,574 | +€98 | +1.3% |
| Taxes | 450/3 | €7,476 | €7,574 | +€98 | +1.3% |
| Other amounts payable | 47/48 | €8,105 | €8,761 | +€656 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,906 | €21,864 | -€2,042 | -8.5% |
| Other operating charges | 640/8 | €802 | €569 | -€233 | -29.0% |
| Gross operating margin | 9900 | €11,062 | €42,440 | +€31,378 | +284% |
| Operating profit (loss) | 9901 | -€13,646 | €20,007 | +€33,652 | |
| Financial income | 75/76B | €10 | €946 | +€936 | +9,215% |
| Recurring financial income | 75 | €10 | €946 | +€936 | +9,215% |
| Financial charges | 65/66B | €2,362 | €6,696 | +€4,334 | +183% |
| Recurring financial charges | 65 | €2,362 | €6,696 | +€4,334 | +183% |
| Profit (loss) for the period before taxes | 9903 | -€15,998 | €14,257 | +€30,255 | |
| Income taxes | 67/77 | €176 | €180 | +€4 | +2.1% |
| Profit (loss) for the period | 9904 | -€16,174 | €14,077 | +€30,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,174 | €14,077 | +€30,251 |
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 29 October 2026 via checked.be.