SIMA CONSTRUCT: 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.
SIMA CONSTRUCT
Largest movements
- Receivables within one year +€141,364
up €141,364 (+131.6%), from €107,424 to €248,788
of which Trade receivables: +€100,636
- Cash -€5,884
down €5,884 (-42.4%), from €13,862 to €7,978
mainly Receivables within one year (-€141,364) and Contributions, distributions and other (-€1)
- Other debts +€82,446
up €82,446 (+1018.5%), from €8,095 to €90,541
- Profit (loss) carried forward +€41,964
up €41,964 (+48.6%), from €86,408 to €128,372
- Tax, wage and social debts +€10,492
up €10,492 (+47.4%), from €22,136 to €32,628
- Gross operating margin -€54,712
down €54,712 (-50.0%), from €109,346 to €54,634
- Taxes -€11,645
down €11,645 (-52.6%), from €22,136 to €10,491
- Financial charges +€1,544
up €1,544 (+367.6%), from €420 to €1,964
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.
Cash bridge derived
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 | €122,639 | €257,541 | +€134,902 | +110.0% |
| Fixed assets | 21/28 | €1,353 | €775 | -€578 | -42.7% |
| Tangible fixed assets | 22/27 | €1,353 | €775 | -€578 | -42.7% |
| Furniture and vehicles | 24 | €1,353 | €775 | -€578 | -42.7% |
| Current assets | 29/58 | €121,286 | €256,766 | +€135,480 | +111.7% |
| Amounts receivable within one year | 40/41 | €107,424 | €248,788 | +€141,364 | +131.6% |
| Trade receivables | 40 | €106,060 | €206,696 | +€100,636 | +94.9% |
| Other amounts receivable | 41 | €1,364 | €42,092 | +€40,728 | +2985.9% |
| Cash at bank and in hand | 54/58 | €13,862 | €7,978 | -€5,884 | -42.4% |
| Total equity and liabilities | 10/49 | €122,639 | €257,541 | +€134,902 | +110.0% |
| Equity | 10/15 | €92,408 | €134,372 | +€41,964 | +45.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,408 | €128,372 | +€41,964 | +48.6% |
| Amounts payable | 17/49 | €30,231 | €123,169 | +€92,938 | +307.4% |
| Amounts payable within one year | 42/48 | €30,231 | €123,169 | +€92,938 | +307.4% |
| Taxes, remuneration and social security | 45 | €22,136 | €32,628 | +€10,492 | +47.4% |
| Taxes | 450/3 | €22,136 | €32,628 | +€10,492 | +47.4% |
| Other amounts payable | 47/48 | €8,095 | €90,541 | +€82,446 | +1018.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €382 | €578 | +€196 | +51.3% |
| Gross operating margin | 9900 | €109,346 | €54,634 | -€54,712 | -50.0% |
| Operating profit (loss) | 9901 | €108,964 | €54,056 | -€54,908 | -50.4% |
| Financial income | 75/76B | - | €364 | +€364 | |
| Recurring financial income | 75 | - | €364 | +€364 | |
| Financial charges | 65/66B | €420 | €1,964 | +€1,544 | +367.6% |
| Recurring financial charges | 65 | €420 | €1,964 | +€1,544 | +367.6% |
| Profit (loss) for the period before taxes | 9903 | €108,544 | €52,456 | -€56,088 | -51.7% |
| Income taxes | 67/77 | €22,136 | €10,491 | -€11,645 | -52.6% |
| Profit (loss) for the period | 9904 | €86,408 | €41,965 | -€44,443 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,408 | €41,965 | -€44,443 | -51.4% |
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 10 October 2026 via checked.be.