SIMOB: 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.
What changed
SIMOB
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€482,244
2023 · €126,896+€355,348
Equity
€1.9m
2023 · €1.4m+€482,244
Cash
€157,305
2023 · €176,743-€19,438
Balance sheet total
€8.1m
2023 · €8.4m-€364,146
Largest movements
Assets
- Stocks and contracts -€781,880
down €781,880 (-33.3%), from €2.4m to €1.6m
- Tangible fixed assets +€360,212
up €360,212 (+9.2%), from €3.9m to €4.3m
Equity and liabilities
- Short-term financial debts -€1.3m
down €1.3m (-71.8%), from €1.8m to €500,000
- Reserves +€482,244
up €482,244 (+66.5%), from €725,571 to €1.2m
of which Distributable reserves: +€494,569
- Trade debts +€301,660
up €301,660 (+1265.7%), from €23,833 to €325,493
Income statement
- Gross operating margin +€268,084
up €268,084 (+48.3%), from €555,223 to €823,307
- Financial income +€224,470
up €224,470 (+609.7%), from €36,815 to €261,285
- Taxes +€93,677
up €93,677 (+177.8%), from €52,697 to €146,374
- Depreciation +€26,599
up €26,599 (+9.9%), from €267,595 to €294,194
- Financial charges +€20,279
up €20,279 (+14.0%), from €144,642 to €164,921
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.
Result 2023
€126,896
Gross operating margin
+€268,084
Depreciation
-€26,599
Other operating charges
+€2,246
Financial income
+€224,470
Financial charges
-€20,279
Taxes
-€93,677
Deferred taxes and other
+€1,103
Result 2024
€482,244
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.
From operations
+€1.9m
Investment
-€654,406
Financing
-€1.2m
Cash 2023
€176,743
From operations (derived)
+€1.9m
Net result for the year
+€482,244
Depreciation
+€294,194
Stocks and contracts
+€781,880
Receivables within one year
-€74,805
Deferred charges and accrued income
-€2,155
Provisions
-€4,108
Trade debts
+€301,660
Tax, wage and social debts
+€4,924
Other debts
+€68,380
Accrued charges and deferred income
+€18,984
Investment (derived)
-€654,406
Investment in fixed assets (net)
-€654,406
Financing
-€1.2m
Debts after one year
-€5,894
Current portion of long-term debt
+€39,665
Short-term financial debts
-€1.3m
Cash 2024
€157,305
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,429,157 | €8,065,012 | -€364,146 | -4.3% |
| Fixed assets | 21/28 | €5,883,937 | €6,244,149 | +€360,212 | +6.1% |
| Tangible fixed assets | 22/27 | €3,933,720 | €4,293,932 | +€360,212 | +9.2% |
| Land and buildings | 22 | €3,933,720 | €4,293,932 | +€360,212 | +9.2% |
| Financial fixed assets | 28 | €1,950,217 | €1,950,217 | = | 0.0% |
| Current assets | 29/58 | €2,545,221 | €1,820,863 | -€724,358 | -28.5% |
| Stocks and contracts in progress | 3 | €2,351,411 | €1,569,531 | -€781,880 | -33.3% |
| Stocks | 30/36 | €2,351,411 | €1,569,531 | -€781,880 | -33.3% |
| Amounts receivable within one year | 40/41 | €12,056 | €86,861 | +€74,805 | +620.5% |
| Trade receivables | 40 | - | €33,235 | +€33,235 | |
| Other amounts receivable | 41 | €12,056 | €53,626 | +€41,570 | +344.8% |
| Current investments | 50/53 | €1 | €1 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €176,743 | €157,305 | -€19,438 | -11.0% |
| Deferred charges and accrued income | 490/1 | €5,010 | €7,165 | +€2,155 | +43.0% |
| Total equity and liabilities | 10/49 | €8,429,157 | €8,065,012 | -€364,146 | -4.3% |
| Equity | 10/15 | €1,421,475 | €1,903,720 | +€482,244 | +33.9% |
| Contributions | 10/11 | €495,787 | €495,787 | = | 0.0% |
| Capital | 10 | €495,787 | €495,787 | = | 0.0% |
| Issued capital | 100 | €495,787 | €495,787 | = | 0.0% |
| Revaluation surpluses | 12 | €2,806 | €2,806 | = | 0.0% |
| Reserves | 13 | €725,571 | €1,207,815 | +€482,244 | +66.5% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Legal reserve | 130 | €49,579 | €49,579 | = | 0.0% |
| Tax-exempt reserves | 132 | €386,532 | €374,207 | -€12,325 | -3.2% |
| Distributable reserves | 133 | €289,460 | €784,030 | +€494,569 | +170.9% |
| Profit (loss) carried forward | 14 | €197,312 | €197,312 | = | 0.0% |
| Provisions and deferred taxes | 16 | €128,443 | €124,335 | -€4,108 | -3.2% |
| Deferred taxes | 168 | €128,443 | €124,335 | -€4,108 | -3.2% |
| Amounts payable | 17/49 | €6,879,239 | €6,036,957 | -€842,282 | -12.2% |
| Amounts payable after more than one year | 17 | €4,217,412 | €4,211,518 | -€5,894 | -0.1% |
| Financial debts | 170/4 | €4,217,412 | €4,211,518 | -€5,894 | -0.1% |
| Amounts payable within one year | 42/48 | €2,530,567 | €1,675,195 | -€855,371 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €303,874 | €343,539 | +€39,665 | +13.1% |
| Financial debts | 43 | €1,770,000 | €500,000 | -€1.3m | -71.8% |
| Credit institutions | 430/8 | €1,770,000 | €500,000 | -€1.3m | -71.8% |
| Trade debts | 44 | €23,833 | €325,493 | +€301,660 | +1265.7% |
| Suppliers | 440/4 | €23,833 | €325,493 | +€301,660 | +1265.7% |
| Taxes, remuneration and social security | 45 | €39,090 | €44,014 | +€4,924 | +12.6% |
| Taxes | 450/3 | €39,090 | €44,014 | +€4,924 | +12.6% |
| Other amounts payable | 47/48 | €393,769 | €462,149 | +€68,380 | +17.4% |
| Accrued charges and deferred income | 492/3 | €131,260 | €150,244 | +€18,984 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267,595 | €294,194 | +€26,599 | +9.9% |
| Other operating charges | 640/8 | €3,214 | €968 | -€2,246 | -69.9% |
| Gross operating margin | 9900 | €555,223 | €823,307 | +€268,084 | +48.3% |
| Operating profit (loss) | 9901 | €284,414 | €528,146 | +€243,732 | +85.7% |
| Financial income | 75/76B | €36,815 | €261,285 | +€224,470 | +609.7% |
| Recurring financial income | 75 | €36,815 | €261,285 | +€224,470 | +609.7% |
| Financial charges | 65/66B | €144,642 | €164,921 | +€20,279 | +14.0% |
| Recurring financial charges | 65 | €144,642 | €164,921 | +€20,279 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €176,587 | €624,510 | +€447,922 | +253.7% |
| Transfer from deferred taxes | 780 | €3,006 | €4,108 | +€1,103 | +36.7% |
| Income taxes | 67/77 | €52,697 | €146,374 | +€93,677 | +177.8% |
| Profit (loss) for the period | 9904 | €126,896 | €482,244 | +€355,348 | +280.0% |
| Transfer from tax-exempt reserves | 789 | €9,016 | €12,325 | +€3,308 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €135,913 | €494,569 | +€358,657 | +263.9% |
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 1 October 2026 via checked.be.