SIMA SERVICES: 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 SERVICES
Largest movements
- Cash +€52,623
up €52,623 (+280.9%), from €18,731 to €71,354
mainly Trade debts (+€34,961) and Tax, wage and social debts (+€29,770)
- Receivables within one year +€14,092
up €14,092 (+20.6%), from €68,308 to €82,400
of which Other amounts receivable: +€14,092
- Tangible fixed assets -€2,830
down €2,830 (-47.4%), from €5,970 to €3,140
of which Furniture and vehicles: -€2,761
- Trade debts +€34,961
new in 2024: €34,961
- Tax, wage and social debts +€29,770
up €29,770 (+35.2%), from €84,647 to €114,417
of which Remuneration and social security: +€29,102
- Other debts -€2,802
no longer reported in 2024 (was €2,802)
- Profit (loss) carried forward +€1,957
up €1,957 (+125.6%), from €1,558 to €3,515
- Turnover +€453,564
up €453,564 (+121.6%), from €372,853 to €826,417
- Gross operating margin +€403,428
up €403,428 (+122.3%), from €329,737 to €733,166
- Staff costs +€398,249
up €398,249 (+122.7%), from €324,454 to €722,703
- Purchases and services +€50,136
up €50,136 (+116.3%), from €43,116 to €93,251
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 | €93,008 | €156,893 | +€63,885 | +68.7% |
| Fixed assets | 21/28 | €5,970 | €3,140 | -€2,830 | -47.4% |
| Tangible fixed assets | 22/27 | €5,970 | €3,140 | -€2,830 | -47.4% |
| Plant, machinery and equipment | 23 | €3,208 | €3,140 | -€69 | -2.1% |
| Furniture and vehicles | 24 | €2,761 | - | -€2,761 | |
| Current assets | 29/58 | €87,038 | €153,754 | +€66,715 | +76.7% |
| Amounts receivable within one year | 40/41 | €68,308 | €82,400 | +€14,092 | +20.6% |
| Trade receivables | 40 | €63,278 | €63,278 | = | 0.0% |
| Other amounts receivable | 41 | €5,030 | €19,122 | +€14,092 | +280.2% |
| Cash at bank and in hand | 54/58 | €18,731 | €71,354 | +€52,623 | +280.9% |
| Total equity and liabilities | 10/49 | €93,008 | €156,893 | +€63,885 | +68.7% |
| Equity | 10/15 | €5,558 | €7,515 | +€1,957 | +35.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,558 | €3,515 | +€1,957 | +125.6% |
| Amounts payable | 17/49 | €87,450 | €149,378 | +€61,928 | +70.8% |
| Amounts payable within one year | 42/48 | €87,450 | €149,378 | +€61,928 | +70.8% |
| Trade debts | 44 | - | €34,961 | +€34,961 | |
| Suppliers | 440/4 | - | €34,961 | +€34,961 | |
| Taxes, remuneration and social security | 45 | €84,647 | €114,417 | +€29,770 | +35.2% |
| Taxes | 450/3 | €1,676 | €2,344 | +€668 | +39.8% |
| Remuneration and social security | 454/9 | €82,971 | €112,074 | +€29,102 | +35.1% |
| Other amounts payable | 47/48 | €2,802 | - | -€2,802 | |
| Turnover | 70 | €372,853 | €826,417 | +€453,564 | +121.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €43,116 | €93,251 | +€50,136 | +116.3% |
| Remuneration, social security and pensions | 62 | €324,454 | €722,703 | +€398,249 | +122.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,889 | €3,928 | +€39 | +1.0% |
| Other operating charges | 640/8 | €891 | €3,506 | +€2,614 | +293.4% |
| Gross operating margin | 9900 | €329,737 | €733,166 | +€403,428 | +122.3% |
| Operating profit (loss) | 9901 | €504 | €3,029 | +€2,525 | +501.4% |
| Financial charges | 65/66B | €196 | €413 | +€217 | +111.0% |
| Recurring financial charges | 65 | €196 | €413 | +€217 | +111.0% |
| Profit (loss) for the period before taxes | 9903 | €308 | €2,616 | +€2,308 | +749.6% |
| Income taxes | 67/77 | - | €659 | +€659 | |
| Profit (loss) for the period | 9904 | €308 | €1,957 | +€1,649 | +535.4% |
| Profit (loss) for the period to be appropriated | 9905 | €308 | €1,957 | +€1,649 | +535.4% |
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 11 October 2026 via checked.be.