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SIM@CONSULTING: 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.

What changed

SIM@CONSULTING

BE 0899.648.670
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€20,203
2023 · €17,450+€2,753
Equity
€301,553
2023 · €281,351+€20,203
Cash
€59,825
2023 · €23,659+€36,165
Balance sheet total
€357,013
2023 · €335,306+€21,707

Largest movements

2023 to 2024
Assets
  • Cash +€36,165

    up €36,165 (+152.9%), from €23,659 to €59,825

    mainly Depreciation (+€25,220) and Net result for the year (+€20,203)

  • Tangible fixed assets -€24,824

    down €24,824 (-8.7%), from €284,717 to €259,893

    of which Furniture and vehicles: -€14,750

  • Receivables within one year +€10,227

    up €10,227 (+40.6%), from €25,181 to €35,409

    of which Trade receivables: +€12,562

Equity and liabilities
  • Reserves +€20,000

    up €20,000 (+20.2%), from €98,860 to €118,860

    of which Distributable reserves: +€20,000

  • Debts after one year +€10,749

    up €10,749 (+38.4%), from €27,994 to €38,742

    of which Other amounts payable: +€16,497

  • Current portion of long-term debt -€5,791

    down €5,791 (-50.8%), from €11,390 to €5,600

Income statement
  • Gross operating margin +€4,356

    up €4,356 (+8.2%), from €53,407 to €57,763

  • Taxes +€1,105

    up €1,105 (+15.3%), from €7,215 to €8,321

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €17,450
Gross operating margin +€4,356
Depreciation -€248
Other operating charges -€52
Financial income +€0
Financial charges -€198
Taxes -€1,105
Result 2024 €20,203

Cash bridge derived

cash 2023 to 2024

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.

From operations +€31,603
Investment -€396
Financing +€4,958
Cash 2023 €23,659
Net result for the year +€20,203
Depreciation +€25,220
Receivables within one year -€10,227
Deferred charges and accrued income -€138
Trade debts -€2,756
Tax, wage and social debts -€398
Accrued charges and deferred income -€300
Investment in fixed assets (net) -€396
Debts after one year +€10,749
Current portion of long-term debt -€5,791
Cash 2024 €59,825
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €335,306 €357,013 +€21,707 +6.5%
Fixed assets 21/28 €284,784 €259,960 -€24,824 -8.7%
Tangible fixed assets 22/27 €284,717 €259,893 -€24,824 -8.7%
Land and buildings 22 €241,861 €232,735 -€9,126 -3.8%
Plant, machinery and equipment 23 €6,095 €5,148 -€948 -15.5%
Furniture and vehicles 24 €36,761 €22,011 -€14,750 -40.1%
Financial fixed assets 28 €67 €67 = 0.0%
Current assets 29/58 €50,522 €97,053 +€46,531 +92.1%
Amounts receivable within one year 40/41 €25,181 €35,409 +€10,227 +40.6%
Trade receivables 40 €22,790 €35,352 +€12,562 +55.1%
Other amounts receivable 41 €2,391 €56 -€2,335 -97.7%
Cash at bank and in hand 54/58 €23,659 €59,825 +€36,165 +152.9%
Deferred charges and accrued income 490/1 €1,682 €1,820 +€138 +8.2%
Total equity and liabilities 10/49 €335,306 €357,013 +€21,707 +6.5%
Equity 10/15 €281,351 €301,553 +€20,203 +7.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €98,860 €118,860 +€20,000 +20.2%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €97,000 €117,000 +€20,000 +20.6%
Profit (loss) carried forward 14 €163,891 €164,093 +€203 +0.1%
Amounts payable 17/49 €53,956 €55,460 +€1,504 +2.8%
Amounts payable after more than one year 17 €27,994 €38,742 +€10,749 +38.4%
Financial debts 170/4 €5,749 - -€5,749
Other amounts payable 178/9 €22,245 €38,742 +€16,497 +74.2%
Amounts payable within one year 42/48 €25,448 €16,504 -€8,944 -35.1%
Current portion of amounts payable after more than one year 42 €11,390 €5,600 -€5,791 -50.8%
Trade debts 44 €4,405 €1,649 -€2,756 -62.6%
Suppliers 440/4 €4,405 €1,649 -€2,756 -62.6%
Taxes, remuneration and social security 45 €9,653 €9,255 -€398 -4.1%
Taxes 450/3 €9,653 €9,255 -€398 -4.1%
Accrued charges and deferred income 492/3 €514 €214 -€300 -58.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €24,971 €25,220 +€248 +1.0%
Other operating charges 640/8 €2,227 €2,279 +€52 +2.3%
Gross operating margin 9900 €53,407 €57,763 +€4,356 +8.2%
Operating profit (loss) 9901 €26,208 €30,264 +€4,056 +15.5%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €1,543 €1,741 +€198 +12.8%
Recurring financial charges 65 €1,543 €1,741 +€198 +12.8%
Profit (loss) for the period before taxes 9903 €24,665 €28,523 +€3,858 +15.6%
Income taxes 67/77 €7,215 €8,321 +€1,105 +15.3%
Profit (loss) for the period 9904 €17,450 €20,203 +€2,753 +15.8%
Profit (loss) for the period to be appropriated 9905 €17,450 €20,203 +€2,753 +15.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.