SIM'Z: 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'Z
Largest movements
- Receivables after one year +€305,759
new in 2025: €305,759
- Tangible fixed assets +€24,503
up €24,503, from €0 to €24,503
of which Furniture and vehicles: +€24,503
- Deferred charges and accrued income +€13,489
up €13,489 (+2,540%), from €531 to €14,020
- Receivables within one year +€5,213
up €5,213 (+451%), from €1,157 to €6,370
of which Other amounts receivable: +€2,770
- Cash +€4,296
up €4,296 (+741%), from €580 to €4,876
mainly Other debts (+€357,457) and Tax, wage and social debts (+€4,750)
- Other debts +€357,457
up €357,457 (+264%), from €135,209 to €492,666
- Profit (loss) carried forward -€10,503
down €10,503 (-6.9%), from -€152,995 to -€163,498
- Tax, wage and social debts +€4,750
up €4,750 (+987%), from €481 to €5,231
of which Taxes: +€3,001
- Trade debts +€4,555
up €4,555 (+290%), from €1,573 to €6,128
- Gross operating margin -€40,362
down €40,362, from €17,456 to -€22,906
- Financial income +€8,448
up €8,448 (+169%), from €5,012 to €13,460
of which Financial income: +€13,448
- Staff costs +€4,701
up €4,701 (+99.7%), from -€4,713 to -€12
- Other operating charges -€2,083
down €2,083 (-63.8%), from €3,264 to €1,181
- Depreciation +€1,280
new in 2025: €1,280
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 | €7,268 | €360,528 | +€353,260 | +4,861% |
| Fixed assets | 21/28 | €5,000 | €29,503 | +€24,503 | +490% |
| Tangible fixed assets | 22/27 | €0 | €24,503 | +€24,503 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €24,503 | +€24,503 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €2,268 | €331,025 | +€328,757 | +14,498% |
| Amounts receivable after more than one year | 29 | - | €305,759 | +€305,759 | |
| Other amounts receivable | 291 | - | €305,759 | +€305,759 | |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,157 | €6,370 | +€5,213 | +451% |
| Trade receivables | 40 | €0 | €2,443 | +€2,443 | |
| Other amounts receivable | 41 | €1,157 | €3,927 | +€2,770 | +239% |
| Cash at bank and in hand | 54/58 | €580 | €4,876 | +€4,296 | +741% |
| Deferred charges and accrued income | 490/1 | €531 | €14,020 | +€13,489 | +2,540% |
| Total equity and liabilities | 10/49 | €7,268 | €360,528 | +€353,260 | +4,861% |
| Equity | 10/15 | -€130,995 | -€143,498 | -€12,503 | -9.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €0 | -€2,000 | -100% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Profit (loss) carried forward | 14 | -€152,995 | -€163,498 | -€10,503 | -6.9% |
| Amounts payable | 17/49 | €138,263 | €504,026 | +€365,763 | +265% |
| Amounts payable after more than one year | 17 | €1,000 | €0 | -€1,000 | -100% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €1,000 | €0 | -€1,000 | -100% |
| Amounts payable within one year | 42/48 | €137,263 | €504,026 | +€366,763 | +267% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,573 | €6,128 | +€4,555 | +290% |
| Suppliers | 440/4 | €1,573 | €6,128 | +€4,555 | +290% |
| Taxes, remuneration and social security | 45 | €481 | €5,231 | +€4,750 | +987% |
| Taxes | 450/3 | €481 | €3,482 | +€3,001 | +624% |
| Remuneration and social security | 454/9 | €0 | €1,749 | +€1,749 | |
| Other amounts payable | 47/48 | €135,209 | €492,666 | +€357,457 | +264% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,605 | €1,946 | -€1,660 | -46.0% |
| Remuneration, social security and pensions | 62 | -€4,713 | -€12 | +€4,701 | +99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,280 | +€1,280 | |
| Other operating charges | 640/8 | €3,264 | €1,181 | -€2,083 | -63.8% |
| Gross operating margin | 9900 | €17,456 | -€22,906 | -€40,362 | |
| Operating profit (loss) | 9901 | €18,905 | -€25,355 | -€44,260 | |
| Financial income | 75/76B | €5,012 | €13,460 | +€8,448 | +169% |
| Recurring financial income | 75 | €12 | €13,460 | +€13,448 | +111,414% |
| Non-recurring financial income | 76B | €5,000 | €0 | -€5,000 | -100% |
| Financial charges | 65/66B | €85 | €118 | +€33 | +38.7% |
| Recurring financial charges | 65 | €85 | €118 | +€33 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €23,832 | -€12,013 | -€35,845 | |
| Income taxes | 67/77 | €481 | €489 | +€8 | +1.7% |
| Profit (loss) for the period | 9904 | €23,351 | -€12,503 | -€35,854 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,351 | -€12,503 | -€35,854 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.