SimEngineering: 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.
SimEngineering
Largest movements
- Cash +€89,132
up €89,132 (+188.6%), from €47,249 to €136,381
mainly Net result for the year (+€72,098) and Tax, wage and social debts (+€17,571)
- Tangible fixed assets +€8,444
up €8,444 (+404.3%), from €2,089 to €10,533
- Receivables within one year -€7,723
down €7,723 (-25.2%), from €30,628 to €22,904
of which Trade receivables: -€17,379
- Reserves +€72,098
up €72,098 (+135.5%), from €53,214 to €125,313
- Tax, wage and social debts +€17,571
up €17,571 (+78.5%), from €22,389 to €39,960
- Gross operating margin +€24,018
up €24,018 (+33.1%), from €72,579 to €96,597
- Taxes +€5,096
up €5,096 (+35.6%), from €14,332 to €19,428
- Other operating charges -€1,717
down €1,717 (-76.5%), from €2,246 to €528
- Depreciation +€1,241
up €1,241 (+122.0%), from €1,017 to €2,259
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.
Cash bridge derived
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 | €80,880 | €170,533 | +€89,653 | +110.8% |
| Formation expenses | 20 | €335 | - | -€335 | |
| Fixed assets | 21/28 | €2,089 | €10,533 | +€8,444 | +404.3% |
| Tangible fixed assets | 22/27 | €2,089 | €10,533 | +€8,444 | +404.3% |
| Furniture and vehicles | 24 | €2,089 | €10,533 | +€8,444 | +404.3% |
| Current assets | 29/58 | €78,456 | €160,000 | +€81,543 | +103.9% |
| Amounts receivable within one year | 40/41 | €30,628 | €22,904 | -€7,723 | -25.2% |
| Trade receivables | 40 | €30,628 | €13,249 | -€17,379 | -56.7% |
| Other amounts receivable | 41 | - | €9,656 | +€9,656 | |
| Cash at bank and in hand | 54/58 | €47,249 | €136,381 | +€89,132 | +188.6% |
| Deferred charges and accrued income | 490/1 | €580 | €715 | +€135 | +23.2% |
| Total equity and liabilities | 10/49 | €80,880 | €170,533 | +€89,653 | +110.8% |
| Equity | 10/15 | €58,214 | €130,313 | +€72,098 | +123.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €53,214 | €125,313 | +€72,098 | +135.5% |
| Distributable reserves | 133 | €53,214 | €125,313 | +€72,098 | +135.5% |
| Amounts payable | 17/49 | €22,666 | €40,220 | +€17,554 | +77.4% |
| Amounts payable within one year | 42/48 | €22,666 | €40,220 | +€17,554 | +77.4% |
| Trade debts | 44 | - | €260 | +€260 | |
| Suppliers | 440/4 | - | €260 | +€260 | |
| Taxes, remuneration and social security | 45 | €22,389 | €39,960 | +€17,571 | +78.5% |
| Taxes | 450/3 | €22,389 | €39,960 | +€17,571 | +78.5% |
| Other amounts payable | 47/48 | €277 | - | -€277 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,017 | €2,259 | +€1,241 | +122.0% |
| Other operating charges | 640/8 | €2,246 | €528 | -€1,717 | -76.5% |
| Gross operating margin | 9900 | €72,579 | €96,597 | +€24,018 | +33.1% |
| Operating profit (loss) | 9901 | €69,316 | €93,810 | +€24,494 | +35.3% |
| Financial income | 75/76B | - | €109 | +€109 | |
| Recurring financial income | 75 | - | €109 | +€109 | |
| Financial charges | 65/66B | €1,769 | €2,392 | +€623 | +35.2% |
| Recurring financial charges | 65 | €1,769 | €2,392 | +€623 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €67,546 | €91,526 | +€23,980 | +35.5% |
| Income taxes | 67/77 | €14,332 | €19,428 | +€5,096 | +35.6% |
| Profit (loss) for the period | 9904 | €53,214 | €72,098 | +€18,884 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €53,214 | €72,098 | +€18,884 | +35.5% |
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 7 October 2026 via checked.be.