SIMIT HOUSE: 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.
SIMIT HOUSE
Largest movements
- Receivables within one year +€38,150
up €38,150 (+145.0%), from €26,309 to €64,459
of which Trade receivables: +€64,214
- Cash +€33,427
up €33,427 (+1644.8%), from €2,032 to €35,459
mainly Trade debts (+€51,300) and Net result for the year (+€32,316)
- Receivables after one year +€16,670
new in 2025: €16,670
- Tangible fixed assets -€8,700
down €8,700 (-44.2%), from €19,674 to €10,974
of which Furniture and vehicles: -€8,310
- Trade debts +€51,300
up €51,300 (+213.9%), from €23,984 to €75,284
- Tax, wage and social debts +€28,444
up €28,444 (+168.9%), from €16,845 to €45,289
of which Taxes: +€23,716
- Accrued charges and deferred income -€4,436
no longer reported in 2025 (was €4,436)
- Advances received +€4,000
new in 2025: €4,000
- Gross operating margin +€31,578
up €31,578 (+41.7%), from €75,788 to €107,366
- Taxes +€11,417
up €11,417 (+190.4%), from €5,998 to €17,415
- Depreciation -€3,015
down €3,015 (-29.6%), from €10,202 to €7,187
- Staff costs +€2,448
up €2,448 (+6.3%), from €38,819 to €41,267
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 | €49,266 | €128,574 | +€79,308 | +161.0% |
| Fixed assets | 21/28 | €20,574 | €11,874 | -€8,700 | -42.3% |
| Tangible fixed assets | 22/27 | €19,674 | €10,974 | -€8,700 | -44.2% |
| Plant, machinery and equipment | 23 | - | €1,680 | +€1,680 | |
| Furniture and vehicles | 24 | €14,282 | €5,973 | -€8,310 | -58.2% |
| Other tangible fixed assets | 26 | €5,392 | €3,322 | -€2,070 | -38.4% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €28,691 | €116,699 | +€88,008 | +306.7% |
| Amounts receivable after more than one year | 29 | - | €16,670 | +€16,670 | |
| Other amounts receivable | 291 | - | €16,670 | +€16,670 | |
| Amounts receivable within one year | 40/41 | €26,309 | €64,459 | +€38,150 | +145.0% |
| Trade receivables | 40 | - | €64,214 | +€64,214 | |
| Other amounts receivable | 41 | €26,309 | €245 | -€26,064 | -99.1% |
| Cash at bank and in hand | 54/58 | €2,032 | €35,459 | +€33,427 | +1644.8% |
| Deferred charges and accrued income | 490/1 | €350 | €111 | -€239 | -68.2% |
| Total equity and liabilities | 10/49 | €49,266 | €128,574 | +€79,308 | +161.0% |
| Equity | 10/15 | €4,000 | €4,000 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €45,266 | €124,574 | +€79,308 | +175.2% |
| Amounts payable within one year | 42/48 | €40,829 | €124,574 | +€83,744 | +205.1% |
| Trade debts | 44 | €23,984 | €75,284 | +€51,300 | +213.9% |
| Suppliers | 440/4 | €23,984 | €75,284 | +€51,300 | +213.9% |
| Advances received on contracts in progress | 46 | - | €4,000 | +€4,000 | |
| Taxes, remuneration and social security | 45 | €16,845 | €45,289 | +€28,444 | +168.9% |
| Taxes | 450/3 | €16,682 | €40,398 | +€23,716 | +142.2% |
| Remuneration and social security | 454/9 | €163 | €4,891 | +€4,728 | +2903.9% |
| Accrued charges and deferred income | 492/3 | €4,436 | - | -€4,436 | |
| Remuneration, social security and pensions | 62 | €38,819 | €41,267 | +€2,448 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,202 | €7,187 | -€3,015 | -29.6% |
| Other operating charges | 640/8 | €8,784 | €8,698 | -€86 | -1.0% |
| Gross operating margin | 9900 | €75,788 | €107,366 | +€31,578 | +41.7% |
| Operating profit (loss) | 9901 | €17,982 | €50,214 | +€32,231 | +179.2% |
| Financial income | 75/76B | €0 | €3 | +€3 | +1006.7% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1006.7% |
| Financial charges | 65/66B | €158 | €486 | +€328 | +207.4% |
| Recurring financial charges | 65 | €158 | €486 | +€328 | +207.4% |
| Profit (loss) for the period before taxes | 9903 | €17,825 | €49,731 | +€31,906 | +179.0% |
| Income taxes | 67/77 | €5,998 | €17,415 | +€11,417 | +190.4% |
| Profit (loss) for the period | 9904 | €11,827 | €32,316 | +€20,489 | +173.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,827 | €32,316 | +€20,489 | +173.2% |
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.