SIMKE: 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.
SIMKE
Largest movements
- Receivables within one year -€7,270
down €7,270 (-70.8%), from €10,267 to €2,997
- Tangible fixed assets -€156
no longer reported in 2018 (was €156)
- Stocks and contracts -€130
no longer reported in 2018 (was €130)
- Debts within one year -€11,987
down €11,987 (-64.3%), from €18,646 to €6,659
- Profit (loss) carried forward +€4,356
up €4,356 (+48.2%), from -€9,046 to -€4,690
- Turnover -€33,949
down €33,949 (-68.4%), from €49,628 to €15,679
- Gross operating margin +€10,495
up €10,495, from -€4,915 to €5,580
- Taxes -€2,384
no longer reported in 2018 (was €2,384)
From the 2017 result to the 2018 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 2017 and 2018 balance sheets and the 2018 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2017 | 2018 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,700 | €3,069 | -€7,631 | -71.3% |
| Fixed assets | 21/28 | €156 | - | -€156 | |
| Tangible fixed assets | 22/27 | €156 | - | -€156 | |
| Current assets | 29/58 | €10,544 | €3,069 | -€7,475 | -70.9% |
| Stocks and contracts in progress | 3 | €130 | - | -€130 | |
| Amounts receivable within one year | 40/41 | €10,267 | €2,997 | -€7,270 | -70.8% |
| Cash at bank and in hand | 54/58 | €147 | €72 | -€75 | -51.0% |
| Total equity and liabilities | 10/49 | €10,700 | €3,069 | -€7,631 | -71.3% |
| Equity | 10/15 | -€7,946 | -€3,590 | +€4,356 | +54.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,046 | -€4,690 | +€4,356 | +48.2% |
| Amounts payable | 17/49 | €18,646 | €6,659 | -€11,987 | -64.3% |
| Amounts payable within one year | 42/48 | €18,646 | €6,659 | -€11,987 | -64.3% |
| Trade debts | 44 | €8,884 | €879 | -€8,005 | -90.1% |
| Turnover | 70 | €49,628 | €15,679 | -€33,949 | -68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €156 | -€156 | -50.0% |
| Gross operating margin | 9900 | -€4,915 | €5,580 | +€10,495 | |
| Operating profit (loss) | 9901 | -€8,490 | €5,123 | +€13,613 | |
| Recurring financial charges | 65 | €390 | €767 | +€377 | +96.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,880 | €4,356 | +€13,236 | |
| Income taxes | 67/77 | €2,384 | - | -€2,384 | |
| Profit (loss) for the period | 9904 | -€11,264 | €4,356 | +€15,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,264 | €4,356 | +€15,620 |
Source: filed annual accounts (NBB), financial years ended 30 September 2017 and 30 September 2018. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.