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SIMCONSULT: what changed

Two fiscal 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.

What changed

SIMCONSULT

BE 0698.886.186
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€106,961
2024 · €26,454+€80,507
Equity
€376,645
2024 · €269,683+€106,962
Cash
€4,626
2024 · €2,215+€2,411
Balance sheet total
€719,109
2024 · €631,672+€87,437

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€83,154

    up €83,154 (+55.4%), from €149,982 to €233,136

    of which Other amounts receivable: +€172,188

Equity and liabilities
  • Reserves +€106,980

    up €106,980 (+40.6%), from €263,465 to €370,445

  • Tax, wage and social debts +€60,563

    up €60,563 (+53.3%), from €113,673 to €174,236

    of which Taxes: +€80,227

  • Other debts -€55,738

    down €55,738 (-78.2%), from €71,263 to €15,525

  • Trade debts -€48,195

    down €48,195 (-84.9%), from €56,797 to €8,602

  • Debts after one year +€47,560

    up €47,560 (+71.6%), from €66,386 to €113,946

Income statement
  • Staff costs -€93,637

    down €93,637 (-57.9%), from €161,858 to €68,221

  • Taxes +€28,236

    up €28,236 (+279.2%), from €10,112 to €38,348

  • Gross operating margin +€14,258

    up €14,258 (+6.8%), from €208,785 to €223,043

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €26,454
Gross operating margin +€14,258
Staff costs +€93,637
Depreciation +€649
Other operating charges +€229
Other operating items -€100
Financial income +€274
Financial charges -€204
Taxes -€28,236
Result 2025 €106,961

Cash bridge derived

cash 2024 to 2025

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.

From operations -€16,836
Investment -€4,365
Financing +€23,612
Cash 2024 €2,215
Net result for the year +€106,961
Depreciation +€2,076
Receivables within one year -€83,154
Deferred charges and accrued income +€417
Trade debts -€48,195
Tax, wage and social debts +€60,563
Other debts -€55,738
Accrued charges and deferred income +€234
Investment in fixed assets (net) +€640
Current investments -€5,005
Debts after one year +€47,560
Current portion of long-term debt +€10,768
Short-term financial debts -€34,717
Contributions, distributions and other +€1
Cash 2025 €4,626
Every line side by side 47 lines
Line Code 2024 2025 Change %
Total assets 20/58 €631,672 €719,109 +€87,437 +13.8%
Fixed assets 21/28 €455,712 €452,996 -€2,716 -0.6%
Tangible fixed assets 22/27 €4,997 €2,921 -€2,076 -41.5%
Plant, machinery and equipment 23 €3,956 €2,489 -€1,467 -37.1%
Furniture and vehicles 24 €1,041 €432 -€609 -58.5%
Financial fixed assets 28 €450,715 €450,075 -€640 -0.1%
Current assets 29/58 €175,960 €266,113 +€90,153 +51.2%
Amounts receivable within one year 40/41 €149,982 €233,136 +€83,154 +55.4%
Trade receivables 40 €132,986 €43,952 -€89,034 -66.9%
Other amounts receivable 41 €16,996 €189,184 +€172,188 +1013.1%
Current investments 50/53 €20,980 €25,985 +€5,005 +23.9%
Cash at bank and in hand 54/58 €2,215 €4,626 +€2,411 +108.8%
Deferred charges and accrued income 490/1 €2,783 €2,366 -€417 -15.0%
Total equity and liabilities 10/49 €631,672 €719,109 +€87,437 +13.8%
Equity 10/15 €269,683 €376,645 +€106,962 +39.7%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €263,465 €370,445 +€106,980 +40.6%
Distributable reserves 133 €263,465 €370,445 +€106,980 +40.6%
Profit (loss) carried forward 14 €18 - -€18
Amounts payable 17/49 €361,989 €342,464 -€19,525 -5.4%
Amounts payable after more than one year 17 €66,386 €113,946 +€47,560 +71.6%
Financial debts 170/4 €66,386 €113,946 +€47,560 +71.6%
Amounts payable within one year 42/48 €295,603 €228,284 -€67,319 -22.8%
Current portion of amounts payable after more than one year 42 €19,153 €29,921 +€10,768 +56.2%
Financial debts 43 €34,717 - -€34,717
Credit institutions 430/8 €34,717 - -€34,717
Trade debts 44 €56,797 €8,602 -€48,195 -84.9%
Suppliers 440/4 €56,797 €8,602 -€48,195 -84.9%
Taxes, remuneration and social security 45 €113,673 €174,236 +€60,563 +53.3%
Taxes 450/3 €94,009 €174,236 +€80,227 +85.3%
Remuneration and social security 454/9 €19,664 - -€19,664
Other amounts payable 47/48 €71,263 €15,525 -€55,738 -78.2%
Accrued charges and deferred income 492/3 - €234 +€234
Remuneration, social security and pensions 62 €161,858 €68,221 -€93,637 -57.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,725 €2,076 -€649 -23.8%
Other operating charges 640/8 €1,198 €969 -€229 -19.1%
Non-recurring operating charges 66A - €100 +€100
Gross operating margin 9900 €208,785 €223,043 +€14,258 +6.8%
Operating profit (loss) 9901 €43,004 €151,677 +€108,673 +252.7%
Financial income 75/76B €9 €283 +€274 +3044.4%
Recurring financial income 75 €9 €283 +€274 +3044.4%
Financial charges 65/66B €6,447 €6,651 +€204 +3.2%
Recurring financial charges 65 €6,447 €6,651 +€204 +3.2%
Profit (loss) for the period before taxes 9903 €36,566 €145,309 +€108,743 +297.4%
Income taxes 67/77 €10,112 €38,348 +€28,236 +279.2%
Profit (loss) for the period 9904 €26,454 €106,961 +€80,507 +304.3%
Profit (loss) for the period to be appropriated 9905 €26,454 €106,961 +€80,507 +304.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.