SIMINVEST: 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.
SIMINVEST
Largest movements
- Cash -€737
no longer reported in 2024 (was €737)
mainly Net result for the year (-€22,704) and Trade debts (-€3,477)
- Other debts +€25,400
up €25,400 (+16.5%), from €153,500 to €178,900
- Profit (loss) carried forward -€22,704
down €22,704 (-7.7%), from -€293,833 to -€316,537
- Trade debts -€3,477
no longer reported in 2024 (was €3,477)
- Taxes +€14,797
new in 2024: €14,797
- Purchases and services -€6,279
no longer reported in 2024 (was €6,279)
- Gross operating margin +€2,967
up €2,967 (+47.2%), from -€6,279 to -€3,312
- Financial charges -€171
down €171 (-47.7%), from €358 to €187
of which Non-recurring financial charges: -€125
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,479 | €3,742 | -€737 | -16.5% |
| Fixed assets | 21/28 | €3,742 | €3,742 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,742 | €3,742 | = | 0.0% |
| Furniture and vehicles | 24 | €3,742 | €3,742 | = | 0.0% |
| Current assets | 29/58 | €737 | - | -€737 | |
| Cash at bank and in hand | 54/58 | €737 | - | -€737 | |
| Total equity and liabilities | 10/49 | €4,479 | €3,742 | -€737 | -16.5% |
| Equity | 10/15 | -€190,734 | -€213,438 | -€22,704 | -11.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€293,833 | -€316,537 | -€22,704 | -7.7% |
| Provisions and deferred taxes | 16 | €38,236 | €38,236 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €38,236 | €38,236 | = | 0.0% |
| Other liabilities and charges | 164/5 | €38,236 | €38,236 | = | 0.0% |
| Amounts payable | 17/49 | €156,977 | €178,944 | +€21,967 | +14.0% |
| Amounts payable within one year | 42/48 | €156,977 | €178,944 | +€21,967 | +14.0% |
| Financial debts | 43 | - | €44 | +€44 | |
| Credit institutions | 430/8 | - | €44 | +€44 | |
| Trade debts | 44 | €3,477 | - | -€3,477 | |
| Bills of exchange payable | 441 | €3,477 | - | -€3,477 | |
| Other amounts payable | 47/48 | €153,500 | €178,900 | +€25,400 | +16.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,279 | - | -€6,279 | |
| Other operating charges | 640/8 | €4,386 | €4,407 | +€22 | +0.5% |
| Gross operating margin | 9900 | -€6,279 | -€3,312 | +€2,967 | +47.2% |
| Operating profit (loss) | 9901 | -€10,664 | -€7,719 | +€2,945 | +27.6% |
| Financial charges | 65/66B | €358 | €187 | -€171 | -47.7% |
| Recurring financial charges | 65 | €233 | €187 | -€46 | -19.7% |
| Non-recurring financial charges | 66B | €125 | - | -€125 | |
| Profit (loss) for the period before taxes | 9903 | -€11,022 | -€7,907 | +€3,116 | +28.3% |
| Income taxes | 67/77 | - | €14,797 | +€14,797 | |
| Profit (loss) for the period | 9904 | -€11,022 | -€22,704 | -€11,682 | -106% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,022 | -€22,704 | -€11,682 | -106% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.