SIM WOOD: 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 WOOD
Largest movements
- Receivables within one year +€33,676
up €33,676 (+17.1%), from €196,482 to €230,159
of which Trade receivables: +€34,119
- Tangible fixed assets -€18,611
down €18,611 (-55.7%), from €33,390 to €14,779
- Deferred charges and accrued income -€12,553
down €12,553 (-96.9%), from €12,953 to €400
- Profit (loss) carried forward +€18,987
up €18,987 (+9.2%), from €205,263 to €224,250
- Trade debts -€12,736
down €12,736 (-82.6%), from €15,422 to €2,686
- Debts after one year -€10,921
no longer reported in 2025 (was €10,921)
- Tax, wage and social debts +€6,622
up €6,622 (+1,907%), from €347 to €6,969
- Gross operating margin +€43,685
up €43,685 (+111%), from €39,484 to €83,169
- Financial charges +€33,797
up €33,797 (+1,054%), from €3,205 to €37,002
- Other operating charges -€22,197
down €22,197 (-91.8%), from €24,189 to €1,992
- Taxes +€5,998
up €5,998 (+617%), from €971 to €6,969
- Depreciation +€1,793
up €1,793 (+10.9%), from €16,427 to €18,220
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.
Derived cash bridge
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 | €252,186 | €254,883 | +€2,697 | +1.1% |
| Fixed assets | 21/28 | €33,390 | €14,779 | -€18,611 | -55.7% |
| Tangible fixed assets | 22/27 | €33,390 | €14,779 | -€18,611 | -55.7% |
| Furniture and vehicles | 24 | €33,390 | €14,779 | -€18,611 | -55.7% |
| Current assets | 29/58 | €218,796 | €240,104 | +€21,308 | +9.7% |
| Amounts receivable within one year | 40/41 | €196,482 | €230,159 | +€33,676 | +17.1% |
| Trade receivables | 40 | €195,004 | €229,123 | +€34,119 | +17.5% |
| Other amounts receivable | 41 | €1,478 | €1,035 | -€443 | -30.0% |
| Cash at bank and in hand | 54/58 | €9,360 | €9,545 | +€185 | +2.0% |
| Deferred charges and accrued income | 490/1 | €12,953 | €400 | -€12,553 | -96.9% |
| Total equity and liabilities | 10/49 | €252,186 | €254,883 | +€2,697 | +1.1% |
| Equity | 10/15 | €213,323 | €232,310 | +€18,987 | +8.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €205,263 | €224,250 | +€18,987 | +9.2% |
| Amounts payable | 17/49 | €38,862 | €22,573 | -€16,290 | -41.9% |
| Amounts payable after more than one year | 17 | €10,921 | - | -€10,921 | |
| Financial debts | 170/4 | €10,921 | - | -€10,921 | |
| Amounts payable within one year | 42/48 | €27,941 | €22,573 | -€5,369 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €11,852 | €12,469 | +€617 | +5.2% |
| Financial debts | 43 | €320 | - | -€320 | |
| Credit institutions | 430/8 | €320 | - | -€320 | |
| Trade debts | 44 | €15,422 | €2,686 | -€12,736 | -82.6% |
| Suppliers | 440/4 | €15,422 | €2,686 | -€12,736 | -82.6% |
| Taxes, remuneration and social security | 45 | €347 | €6,969 | +€6,622 | +1,907% |
| Taxes | 450/3 | €347 | €6,969 | +€6,622 | +1,907% |
| Other amounts payable | 47/48 | - | €449 | +€449 | |
| Non-recurring operating income | 76A | - | €4,469 | +€4,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,427 | €18,220 | +€1,793 | +10.9% |
| Other operating charges | 640/8 | €24,189 | €1,992 | -€22,197 | -91.8% |
| Gross operating margin | 9900 | €39,484 | €83,169 | +€43,685 | +111% |
| Operating profit (loss) | 9901 | -€1,132 | €62,958 | +€64,090 | |
| Financial charges | 65/66B | €3,205 | €37,002 | +€33,797 | +1,054% |
| Recurring financial charges | 65 | €3,205 | €37,002 | +€33,797 | +1,054% |
| Profit (loss) for the period before taxes | 9903 | -€4,337 | €25,956 | +€30,293 | |
| Income taxes | 67/77 | €971 | €6,969 | +€5,998 | +617% |
| Profit (loss) for the period | 9904 | -€5,309 | €18,987 | +€24,295 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,309 | €18,987 | +€24,295 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.