SIM OFFICE: 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.
SIM OFFICE
Largest movements
- Receivables within one year -€18,429
down €18,429 (-60.7%), from €30,348 to €11,919
of which Trade receivables: -€18,400
- Tangible fixed assets -€6,497
down €6,497 (-24.3%), from €26,712 to €20,215
of which Furniture and vehicles: -€6,497
- Cash +€2,003
up €2,003 (+64.7%), from €3,094 to €5,096
mainly Receivables within one year (+€18,429) and Other debts (+€8,381)
- Trade debts -€16,066
down €16,066 (-67.0%), from €23,967 to €7,901
- Reserves -€10,155
down €10,155 (-13.8%), from €73,610 to €63,456
of which Distributable reserves: -€10,155
- Other debts +€8,381
up €8,381 (+38.3%), from €21,876 to €30,258
- Tax, wage and social debts -€5,553
down €5,553 (-25.0%), from €22,220 to €16,667
- Gross operating margin -€5,935
down €5,935 (-22.6%), from €26,271 to €20,336
- Depreciation +€5,219
up €5,219 (+408.4%), from €1,278 to €6,497
- Other operating charges -€2,785
down €2,785 (-43.5%), from €6,405 to €3,620
- Financial charges -€2,459
down €2,459 (-70.8%), from €3,471 to €1,012
- Taxes -€1,250
down €1,250 (-15.0%), from €8,329 to €7,079
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 | €181,456 | €158,402 | -€23,055 | -12.7% |
| Fixed assets | 21/28 | €26,712 | €20,215 | -€6,497 | -24.3% |
| Tangible fixed assets | 22/27 | €26,712 | €20,215 | -€6,497 | -24.3% |
| Furniture and vehicles | 24 | €18,212 | €11,715 | -€6,497 | -35.7% |
| Other tangible fixed assets | 26 | €8,500 | €8,500 | = | 0.0% |
| Current assets | 29/58 | €154,744 | €138,186 | -€16,558 | -10.7% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,348 | €11,919 | -€18,429 | -60.7% |
| Trade receivables | 40 | €30,288 | €11,887 | -€18,400 | -60.8% |
| Other amounts receivable | 41 | €60 | €32 | -€28 | -47.4% |
| Cash at bank and in hand | 54/58 | €3,094 | €5,096 | +€2,003 | +64.7% |
| Deferred charges and accrued income | 490/1 | €1,303 | €1,171 | -€132 | -10.1% |
| Total equity and liabilities | 10/49 | €181,456 | €158,402 | -€23,055 | -12.7% |
| Equity | 10/15 | €113,264 | €103,110 | -€10,155 | -9.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,610 | €63,456 | -€10,155 | -13.8% |
| 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 | €71,750 | €61,596 | -€10,155 | -14.2% |
| Profit (loss) carried forward | 14 | €27,254 | €27,254 | = | 0.0% |
| Amounts payable | 17/49 | €68,192 | €55,292 | -€12,900 | -18.9% |
| Amounts payable within one year | 42/48 | €68,062 | €54,825 | -€13,237 | -19.4% |
| Trade debts | 44 | €23,967 | €7,901 | -€16,066 | -67.0% |
| Suppliers | 440/4 | €23,967 | €7,901 | -€16,066 | -67.0% |
| Taxes, remuneration and social security | 45 | €22,220 | €16,667 | -€5,553 | -25.0% |
| Taxes | 450/3 | €22,220 | €16,667 | -€5,553 | -25.0% |
| Other amounts payable | 47/48 | €21,876 | €30,258 | +€8,381 | +38.3% |
| Accrued charges and deferred income | 492/3 | €130 | €467 | +€337 | +260.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,278 | €6,497 | +€5,219 | +408.4% |
| Other operating charges | 640/8 | €6,405 | €3,620 | -€2,785 | -43.5% |
| Gross operating margin | 9900 | €26,271 | €20,336 | -€5,935 | -22.6% |
| Operating profit (loss) | 9901 | €18,588 | €10,219 | -€8,370 | -45.0% |
| Financial income | 75/76B | €112 | €0 | -€112 | -100.0% |
| Recurring financial income | 75 | €112 | €0 | -€112 | -100.0% |
| Financial charges | 65/66B | €3,471 | €1,012 | -€2,459 | -70.8% |
| Recurring financial charges | 65 | €3,471 | €1,012 | -€2,459 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €15,230 | €9,207 | -€6,023 | -39.5% |
| Income taxes | 67/77 | €8,329 | €7,079 | -€1,250 | -15.0% |
| Profit (loss) for the period | 9904 | €6,901 | €2,128 | -€4,773 | -69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,901 | €2,128 | -€4,773 | -69.2% |
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.