SIMES CONSULT: 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.
SIMES CONSULT
Largest movements
- Receivables within one year +€15,482
up €15,482 (+75.9%), from €20,396 to €35,878
of which Trade receivables: +€15,539
- Cash -€12,211
down €12,211 (-31.9%), from €38,314 to €26,103
mainly Contributions, distributions and other (-€127,000) and Receivables within one year (-€15,482)
- Tax, wage and social debts +€5,426
up €5,426 (+16.9%), from €32,186 to €37,611
- Other debts -€911
down €911 (-13.6%), from €6,721 to €5,810
- Trade debts -€678
no longer reported in 2025 (was €678)
- Gross operating margin -€15,691
down €15,691 (-8.3%), from €188,656 to €172,965
- Taxes -€3,436
down €3,436 (-7.0%), from €48,890 to €45,454
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.
Derived cash bridge
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 | €61,216 | €64,728 | +€3,512 | +5.7% |
| Current assets | 29/58 | €61,216 | €64,728 | +€3,512 | +5.7% |
| Amounts receivable within one year | 40/41 | €20,396 | €35,878 | +€15,482 | +75.9% |
| Trade receivables | 40 | €17,247 | €32,786 | +€15,539 | +90.1% |
| Other amounts receivable | 41 | €3,149 | €3,092 | -€57 | -1.8% |
| Cash at bank and in hand | 54/58 | €38,314 | €26,103 | -€12,211 | -31.9% |
| Deferred charges and accrued income | 490/1 | €2,506 | €2,747 | +€242 | +9.6% |
| Total equity and liabilities | 10/49 | €61,216 | €64,728 | +€3,512 | +5.7% |
| Equity | 10/15 | €21,631 | €21,307 | -€324 | -1.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,171 | €847 | -€324 | -27.7% |
| Amounts payable | 17/49 | €39,585 | €43,421 | +€3,836 | +9.7% |
| Amounts payable within one year | 42/48 | €39,585 | €43,421 | +€3,836 | +9.7% |
| Trade debts | 44 | €678 | - | -€678 | |
| Suppliers | 440/4 | €678 | - | -€678 | |
| Taxes, remuneration and social security | 45 | €32,186 | €37,611 | +€5,426 | +16.9% |
| Taxes | 450/3 | €32,186 | €37,611 | +€5,426 | +16.9% |
| Other amounts payable | 47/48 | €6,721 | €5,810 | -€911 | -13.6% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €188,656 | €172,965 | -€15,691 | -8.3% |
| Operating profit (loss) | 9901 | €188,143 | €172,437 | -€15,706 | -8.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €225 | €307 | +€82 | +36.6% |
| Recurring financial charges | 65 | €225 | €307 | +€82 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €187,918 | €172,130 | -€15,788 | -8.4% |
| Income taxes | 67/77 | €48,890 | €45,454 | -€3,436 | -7.0% |
| Profit (loss) for the period | 9904 | €139,029 | €126,676 | -€12,353 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €139,029 | €126,676 | -€12,353 | -8.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.