SIMOC: 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.
SIMOC
Largest movements
- Receivables within one year +€58,404
up €58,404 (+418.8%), from €13,946 to €72,349
of which Trade receivables: +€56,054
- Tangible fixed assets -€16,288
down €16,288 (-100.0%), from €16,288 to €0
of which Furniture and vehicles: -€16,288
- Cash -€2,747
down €2,747 (-54.1%), from €5,075 to €2,328
mainly Receivables within one year (-€58,404) and Tax, wage and social debts (-€900)
- Profit (loss) carried forward +€24,847
up €24,847 (+29.9%), from -€83,000 to -€58,152
- Trade debts +€8,016
up €8,016 (+2737.7%), from €293 to €8,308
- Other debts +€7,564
up €7,564 (+21.3%), from €35,535 to €43,099
- Tax, wage and social debts -€900
down €900 (-100.0%), from €900 to €0
- Gross operating margin +€23,036
up €23,036 (+96.5%), from €23,864 to €46,900
- Depreciation -€12,022
down €12,022 (-41.8%), from €28,737 to €16,715
- Staff costs +€1,404
up €1,404 (+330.3%), from €425 to €1,829
- Other operating charges +€496
up €496 (+16.7%), from €2,970 to €3,466
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 | €41,728 | €81,255 | +€39,527 | +94.7% |
| Fixed assets | 21/28 | €17,143 | €428 | -€16,715 | -97.5% |
| Intangible fixed assets | 21 | €855 | €428 | -€428 | -50.0% |
| Tangible fixed assets | 22/27 | €16,288 | €0 | -€16,288 | -100.0% |
| Furniture and vehicles | 24 | €16,288 | €0 | -€16,288 | -100.0% |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €24,585 | €80,828 | +€56,243 | +228.8% |
| Amounts receivable within one year | 40/41 | €13,946 | €72,349 | +€58,404 | +418.8% |
| Trade receivables | 40 | €13,946 | €70,000 | +€56,054 | +401.9% |
| Other amounts receivable | 41 | - | €2,349 | +€2,349 | |
| Cash at bank and in hand | 54/58 | €5,075 | €2,328 | -€2,747 | -54.1% |
| Deferred charges and accrued income | 490/1 | €5,565 | €6,151 | +€586 | +10.5% |
| Total equity and liabilities | 10/49 | €41,728 | €81,255 | +€39,527 | +94.7% |
| Equity | 10/15 | €5,000 | €29,848 | +€24,847 | +496.9% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €8,000 | €8,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,000 | -€58,152 | +€24,847 | +29.9% |
| Amounts payable | 17/49 | €36,728 | €51,408 | +€14,680 | +40.0% |
| Amounts payable within one year | 42/48 | €36,728 | €51,408 | +€14,680 | +40.0% |
| Trade debts | 44 | €293 | €8,308 | +€8,016 | +2737.7% |
| Suppliers | 440/4 | €293 | €8,308 | +€8,016 | +2737.7% |
| Taxes, remuneration and social security | 45 | €900 | €0 | -€900 | -100.0% |
| Taxes | 450/3 | €900 | €0 | -€900 | -100.0% |
| Other amounts payable | 47/48 | €35,535 | €43,099 | +€7,564 | +21.3% |
| Remuneration, social security and pensions | 62 | €425 | €1,829 | +€1,404 | +330.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,737 | €16,715 | -€12,022 | -41.8% |
| Other operating charges | 640/8 | €2,970 | €3,466 | +€496 | +16.7% |
| Gross operating margin | 9900 | €23,864 | €46,900 | +€23,036 | +96.5% |
| Operating profit (loss) | 9901 | -€8,268 | €24,890 | +€33,158 | |
| Financial charges | 65/66B | €42 | €43 | +€1 | +3.2% |
| Recurring financial charges | 65 | €42 | €43 | +€1 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,309 | €24,847 | +€33,157 | |
| Profit (loss) for the period | 9904 | -€8,309 | €24,847 | +€33,157 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,309 | €24,847 | +€33,157 |
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 29 September 2026 via checked.be.