SIMEXPERT: 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.
SIMEXPERT
Largest movements
- Cash -€20,304
down €20,304 (-9.1%), from €222,844 to €202,540
mainly Contributions, distributions and other (-€25,226) and Receivables within one year (-€20,165)
- Receivables within one year +€20,165
up €20,165 (+65.5%), from €30,793 to €50,958
of which Trade receivables: +€20,165
- Tangible fixed assets -€9,745
down €9,745 (-26.6%), from €36,700 to €26,956
- Tax, wage and social debts -€15,871
down €15,871 (-65.1%), from €24,368 to €8,497
of which Taxes: -€7,996
- Reserves +€6,026
up €6,026 (+2.4%), from €250,252 to €256,278
- Trade debts -€3,221
down €3,221 (-76.7%), from €4,201 to €980
- Gross operating margin -€5,912
down €5,912 (-9.5%), from €61,975 to €56,063
- Taxes -€1,817
down €1,817 (-13.2%), from €13,792 to €11,975
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 | €294,544 | €281,757 | -€12,786 | -4.3% |
| Fixed assets | 21/28 | €37,825 | €28,081 | -€9,745 | -25.8% |
| Tangible fixed assets | 22/27 | €36,700 | €26,956 | -€9,745 | -26.6% |
| Furniture and vehicles | 24 | €36,700 | €26,956 | -€9,745 | -26.6% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €256,718 | €253,676 | -€3,042 | -1.2% |
| Amounts receivable within one year | 40/41 | €30,793 | €50,958 | +€20,165 | +65.5% |
| Trade receivables | 40 | €30,793 | €50,958 | +€20,165 | +65.5% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €222,844 | €202,540 | -€20,304 | -9.1% |
| Deferred charges and accrued income | 490/1 | €3,081 | €178 | -€2,903 | -94.2% |
| Total equity and liabilities | 10/49 | €294,544 | €281,757 | -€12,786 | -4.3% |
| Equity | 10/15 | €262,652 | €268,678 | +€6,026 | +2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €250,252 | €256,278 | +€6,026 | +2.4% |
| Distributable reserves | 133 | €250,252 | €256,278 | +€6,026 | +2.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,892 | €13,079 | -€18,813 | -59.0% |
| Amounts payable within one year | 42/48 | €31,892 | €13,079 | -€18,813 | -59.0% |
| Trade debts | 44 | €4,201 | €980 | -€3,221 | -76.7% |
| Suppliers | 440/4 | €4,201 | €980 | -€3,221 | -76.7% |
| Taxes, remuneration and social security | 45 | €24,368 | €8,497 | -€15,871 | -65.1% |
| Taxes | 450/3 | €16,493 | €8,497 | -€7,996 | -48.5% |
| Remuneration and social security | 454/9 | €7,875 | €0 | -€7,875 | -100% |
| Other amounts payable | 47/48 | €3,323 | €3,602 | +€279 | +8.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,540 | €12,065 | +€525 | +4.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €61,975 | €56,063 | -€5,912 | -9.5% |
| Operating profit (loss) | 9901 | €50,048 | €43,598 | -€6,450 | -12.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €171 | €371 | +€201 | +118% |
| Recurring financial charges | 65 | €171 | €371 | +€201 | +118% |
| Profit (loss) for the period before taxes | 9903 | €49,877 | €43,227 | -€6,650 | -13.3% |
| Income taxes | 67/77 | €13,792 | €11,975 | -€1,817 | -13.2% |
| Profit (loss) for the period | 9904 | €36,086 | €31,252 | -€4,834 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,086 | €31,252 | -€4,834 | -13.4% |
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 15 October 2026 via checked.be.