Simmo: 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.
Simmo
Largest movements
- Receivables within one year -€2,926
down €2,926 (-18.6%), from €15,769 to €12,843
- Cash +€1,536
up €1,536 (+214.2%), from €717 to €2,253
mainly Receivables within one year (+€2,926) and Trade debts (+€653)
- Reserves -€1,475
down €1,475 (-51.0%), from €2,892 to €1,417
of which Tax-exempt reserves: -€1,418
- Profit (loss) carried forward +€905
up €905 (+12.7%), from -€7,126 to -€6,221
- Other debts -€818
down €818 (-16.3%), from €5,023 to €4,205
- Trade debts +€653
new in 2024: €653
- Tax, wage and social debts -€600
no longer reported in 2024 (was €600)
- Turnover +€2,633
up €2,633 (+148.8%), from €1,770 to €4,403
- Purchases and services +€2,503
up €2,503 (+107.6%), from €2,327 to €4,830
- Financial income +€1,499
new in 2024: €1,499
- Gross operating margin +€130
up €130 (+23.3%), from -€557 to -€427
- Other operating charges +€126
up €126 (+13.7%), from €918 to €1,044
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.
Cash bridge derived
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 | €21,444 | €20,054 | -€1,390 | -6.5% |
| Fixed assets | 21/28 | €4,958 | €4,958 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,958 | €4,958 | = | 0.0% |
| Land and buildings | 22 | €4,958 | €4,958 | = | 0.0% |
| Current assets | 29/58 | €16,486 | €15,096 | -€1,390 | -8.4% |
| Amounts receivable within one year | 40/41 | €15,769 | €12,843 | -€2,926 | -18.6% |
| Other amounts receivable | 41 | €15,769 | €12,843 | -€2,926 | -18.6% |
| Cash at bank and in hand | 54/58 | €717 | €2,253 | +€1,536 | +214.2% |
| Total equity and liabilities | 10/49 | €21,444 | €20,054 | -€1,390 | -6.5% |
| Equity | 10/15 | €15,766 | €15,196 | -€570 | -3.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,892 | €1,417 | -€1,475 | -51.0% |
| Non-distributable reserves | 130/1 | €1,474 | €1,417 | -€57 | -3.9% |
| Legal reserve | 130 | €1,474 | €1,417 | -€57 | -3.9% |
| Tax-exempt reserves | 132 | €1,418 | - | -€1,418 | |
| Profit (loss) carried forward | 14 | -€7,126 | -€6,221 | +€905 | +12.7% |
| Amounts payable | 17/49 | €5,678 | €4,858 | -€820 | -14.4% |
| Amounts payable within one year | 42/48 | €5,623 | €4,858 | -€765 | -13.6% |
| Trade debts | 44 | - | €653 | +€653 | |
| Suppliers | 440/4 | - | €653 | +€653 | |
| Taxes, remuneration and social security | 45 | €600 | - | -€600 | |
| Taxes | 450/3 | €600 | - | -€600 | |
| Other amounts payable | 47/48 | €5,023 | €4,205 | -€818 | -16.3% |
| Accrued charges and deferred income | 492/3 | €55 | - | -€55 | |
| Turnover | 70 | €1,770 | €4,403 | +€2,633 | +148.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,327 | €4,830 | +€2,503 | +107.6% |
| Other operating charges | 640/8 | €918 | €1,044 | +€126 | +13.7% |
| Gross operating margin | 9900 | -€557 | -€427 | +€130 | +23.3% |
| Operating profit (loss) | 9901 | -€1,475 | -€1,471 | +€4 | +0.3% |
| Financial income | 75/76B | - | €1,499 | +€1,499 | |
| Recurring financial income | 75 | - | €1,499 | +€1,499 | |
| Financial charges | 65/66B | - | €48 | +€48 | |
| Recurring financial charges | 65 | - | €48 | +€48 | |
| Profit (loss) for the period before taxes | 9903 | -€1,475 | -€20 | +€1,455 | +98.6% |
| Profit (loss) for the period | 9904 | -€1,475 | -€20 | +€1,455 | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,475 | -€20 | +€1,455 | +98.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.