SIMAV: 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.
SIMAV
Largest movements
- Cash +€5,400
new in 2023: €5,400
mainly Accrued charges and deferred income (+€8,823) and Tax, wage and social debts (+€6,261)
- Current investments -€4,854
no longer reported in 2023 (was €4,854)
- Intangible fixed assets -€900
down €900 (-50.0%), from €1,800 to €900
- Receivables within one year +€188
new in 2023: €188
- Profit (loss) carried forward -€15,757
down €15,757 (-36.7%), from -€42,915 to -€58,672
- Accrued charges and deferred income +€8,823
new in 2023: €8,823
- Tax, wage and social debts +€6,261
up €6,261 (+20.8%), from €30,117 to €36,377
of which Remuneration and social security: +€8,135
- Trade debts +€878
up €878 (+51.9%), from €1,692 to €2,569
- Other debts -€370
no longer reported in 2023 (was €370)
- Gross operating margin +€17,624
up €17,624 (+96.4%), from -€18,273 to -€649
- Staff costs +€10,098
new in 2023: €10,098
- Other operating charges +€3,068
up €3,068 (+399%), from €769 to €3,836
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,654 | €6,488 | -€166 | -2.5% |
| Fixed assets | 21/28 | €1,800 | €900 | -€900 | -50.0% |
| Intangible fixed assets | 21 | €1,800 | €900 | -€900 | -50.0% |
| Current assets | 29/58 | €4,854 | €5,588 | +€734 | +15.1% |
| Amounts receivable within one year | 40/41 | - | €188 | +€188 | |
| Other amounts receivable | 41 | - | €188 | +€188 | |
| Current investments | 50/53 | €4,854 | - | -€4,854 | |
| Cash at bank and in hand | 54/58 | - | €5,400 | +€5,400 | |
| Total equity and liabilities | 10/49 | €6,654 | €6,488 | -€166 | -2.5% |
| Equity | 10/15 | -€25,525 | -€41,282 | -€15,757 | -61.7% |
| Contributions | 10/11 | €17,390 | €17,390 | = | 0.0% |
| Capital | 10 | €17,390 | €17,390 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Uncalled capital | 101 | €1,610 | €1,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,915 | -€58,672 | -€15,757 | -36.7% |
| Amounts payable | 17/49 | €32,179 | €47,770 | +€15,591 | +48.5% |
| Amounts payable within one year | 42/48 | €32,179 | €38,947 | +€6,768 | +21.0% |
| Trade debts | 44 | €1,692 | €2,569 | +€878 | +51.9% |
| Suppliers | 440/4 | €1,692 | €2,569 | +€878 | +51.9% |
| Taxes, remuneration and social security | 45 | €30,117 | €36,377 | +€6,261 | +20.8% |
| Taxes | 450/3 | €4,887 | €3,012 | -€1,875 | -38.4% |
| Remuneration and social security | 454/9 | €25,230 | €33,365 | +€8,135 | +32.2% |
| Other amounts payable | 47/48 | €370 | - | -€370 | |
| Accrued charges and deferred income | 492/3 | - | €8,823 | +€8,823 | |
| Remuneration, social security and pensions | 62 | - | €10,098 | +€10,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €900 | = | 0.0% |
| Other operating charges | 640/8 | €769 | €3,836 | +€3,068 | +399% |
| Gross operating margin | 9900 | -€18,273 | -€649 | +€17,624 | +96.4% |
| Operating profit (loss) | 9901 | -€19,942 | -€15,484 | +€4,458 | +22.4% |
| Financial charges | 65/66B | €166 | €274 | +€108 | +65.1% |
| Recurring financial charges | 65 | €166 | €274 | +€108 | +65.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,108 | -€15,757 | +€4,350 | +21.6% |
| Profit (loss) for the period | 9904 | -€20,108 | -€15,757 | +€4,350 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,108 | -€15,757 | +€4,350 | +21.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.