SIMS ACCOUNT: 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.
SIMS ACCOUNT
Largest movements
- Cash +€29,922
up €29,922 (+748,050%), from €4 to €29,926
mainly Net result for the year (+€50,292) and Tax, wage and social debts (+€17,155)
- Receivables within one year -€15,720
down €15,720 (-19.5%), from €80,757 to €65,037
of which Other amounts receivable: -€40,028
- Tangible fixed assets +€4,168
up €4,168 (+8.3%), from €50,268 to €54,436
of which Other tangible fixed assets: +€4,294
- Other debts -€69,000
no longer reported in 2025 (was €69,000)
- Profit (loss) carried forward +€50,292
up €50,292 (+9,507%), from €529 to €50,821
- Tax, wage and social debts +€17,155
up €17,155 (+78.3%), from €21,896 to €39,051
- Current portion of long-term debt +€10,259
up €10,259 (+33.4%), from €30,736 to €40,995
- Debts after one year +€8,572
up €8,572 (+10.0%), from €85,819 to €94,391
- Gross operating margin +€43,912
up €43,912 (+75.8%), from €57,949 to €101,861
- Financial charges +€14,037
up €14,037 (+223%), from €6,304 to €20,341
of which Non-recurring financial charges: +€13,510
- Taxes +€9,681
up €9,681 (+74.3%), from €13,022 to €22,703
- Financial income +€3,047
up €3,047 (+90.4%), from €3,370 to €6,417
of which Non-recurring financial income: +€1,898
- Depreciation -€2,568
down €2,568 (-15.1%), from €17,047 to €14,479
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.
Derived cash bridge
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 | €232,647 | €251,684 | +€19,037 | +8.2% |
| Fixed assets | 21/28 | €151,268 | €155,436 | +€4,168 | +2.8% |
| Tangible fixed assets | 22/27 | €50,268 | €54,436 | +€4,168 | +8.3% |
| Furniture and vehicles | 24 | €50,268 | €50,142 | -€126 | -0.3% |
| Other tangible fixed assets | 26 | - | €4,294 | +€4,294 | |
| Financial fixed assets | 28 | €101,000 | €101,000 | = | 0.0% |
| Current assets | 29/58 | €81,379 | €96,248 | +€14,869 | +18.3% |
| Amounts receivable within one year | 40/41 | €80,757 | €65,037 | -€15,720 | -19.5% |
| Trade receivables | 40 | €17,230 | €41,538 | +€24,308 | +141% |
| Other amounts receivable | 41 | €63,527 | €23,499 | -€40,028 | -63.0% |
| Cash at bank and in hand | 54/58 | €4 | €29,926 | +€29,922 | +748,050% |
| Deferred charges and accrued income | 490/1 | €618 | €1,285 | +€667 | +108% |
| Total equity and liabilities | 10/49 | €232,647 | €251,684 | +€19,037 | +8.2% |
| Equity | 10/15 | €2,529 | €52,821 | +€50,292 | +1,989% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €529 | €50,821 | +€50,292 | +9,507% |
| Amounts payable | 17/49 | €230,118 | €198,863 | -€31,255 | -13.6% |
| Amounts payable after more than one year | 17 | €85,819 | €94,391 | +€8,572 | +10.0% |
| Financial debts | 170/4 | €85,819 | €94,391 | +€8,572 | +10.0% |
| Amounts payable within one year | 42/48 | €144,076 | €103,553 | -€40,523 | -28.1% |
| Current portion of amounts payable after more than one year | 42 | €30,736 | €40,995 | +€10,259 | +33.4% |
| Financial debts | 43 | €17,465 | €18,000 | +€535 | +3.1% |
| Credit institutions | 430/8 | €17,465 | €18,000 | +€535 | +3.1% |
| Trade debts | 44 | €4,979 | €5,507 | +€528 | +10.6% |
| Suppliers | 440/4 | €4,979 | €5,507 | +€528 | +10.6% |
| Taxes, remuneration and social security | 45 | €21,896 | €39,051 | +€17,155 | +78.3% |
| Taxes | 450/3 | €21,896 | €39,051 | +€17,155 | +78.3% |
| Other amounts payable | 47/48 | €69,000 | - | -€69,000 | |
| Accrued charges and deferred income | 492/3 | €223 | €919 | +€696 | +312% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,047 | €14,479 | -€2,568 | -15.1% |
| Other operating charges | 640/8 | €387 | €463 | +€76 | +19.6% |
| Gross operating margin | 9900 | €57,949 | €101,861 | +€43,912 | +75.8% |
| Operating profit (loss) | 9901 | €40,515 | €86,919 | +€46,404 | +115% |
| Financial income | 75/76B | €3,370 | €6,417 | +€3,047 | +90.4% |
| Recurring financial income | 75 | €3,370 | €4,519 | +€1,149 | +34.1% |
| Non-recurring financial income | 76B | - | €1,898 | +€1,898 | |
| Financial charges | 65/66B | €6,304 | €20,341 | +€14,037 | +223% |
| Recurring financial charges | 65 | €6,304 | €6,831 | +€527 | +8.4% |
| Non-recurring financial charges | 66B | - | €13,510 | +€13,510 | |
| Profit (loss) for the period before taxes | 9903 | €37,581 | €72,995 | +€35,414 | +94.2% |
| Income taxes | 67/77 | €13,022 | €22,703 | +€9,681 | +74.3% |
| Profit (loss) for the period | 9904 | €24,559 | €50,292 | +€25,733 | +105% |
| Profit (loss) for the period to be appropriated | 9905 | €24,559 | €50,292 | +€25,733 | +105% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.