SIMSERVE: 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.
SIMSERVE
Largest movements
- Cash -€19,647
down €19,647 (-13.8%), from €142,532 to €122,886
mainly Contributions, distributions and other (-€135,540) and Deferred charges and accrued income (-€2,163)
- Tangible fixed assets -€17,185
down €17,185 (-2.7%), from €645,731 to €628,546
of which Land and buildings: -€16,696
- Profit (loss) carried forward -€107,548
down €107,548 (-100.0%), from €107,593 to €46
- Other debts +€69,484
up €69,484 (+10.3%), from €674,000 to €743,484
- Taxes +€6,877
new in 2025: €6,877
- Financial charges -€2,008
down €2,008 (-97.8%), from €2,053 to €45
- Gross operating margin +€1,026
up €1,026 (+1.9%), from €53,624 to €54,650
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 | €788,263 | €753,595 | -€34,669 | -4.4% |
| Fixed assets | 21/28 | €645,731 | €628,546 | -€17,185 | -2.7% |
| Tangible fixed assets | 22/27 | €645,731 | €628,546 | -€17,185 | -2.7% |
| Land and buildings | 22 | €643,772 | €627,075 | -€16,696 | -2.6% |
| Plant, machinery and equipment | 23 | €1,959 | €1,471 | -€489 | -24.9% |
| Current assets | 29/58 | €142,532 | €125,049 | -€17,484 | -12.3% |
| Cash at bank and in hand | 54/58 | €142,532 | €122,886 | -€19,647 | -13.8% |
| Deferred charges and accrued income | 490/1 | - | €2,163 | +€2,163 | |
| Total equity and liabilities | 10/49 | €788,263 | €753,595 | -€34,669 | -4.4% |
| Equity | 10/15 | €110,593 | €3,046 | -€107,548 | -97.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,593 | €46 | -€107,548 | -100.0% |
| Amounts payable | 17/49 | €677,670 | €750,549 | +€72,879 | +10.8% |
| Amounts payable within one year | 42/48 | €677,670 | €748,386 | +€70,716 | +10.4% |
| Trade debts | 44 | €481 | €914 | +€433 | +89.9% |
| Suppliers | 440/4 | €481 | €914 | +€433 | +89.9% |
| Taxes, remuneration and social security | 45 | €3,189 | €3,988 | +€799 | +25.1% |
| Taxes | 450/3 | €3,189 | €3,988 | +€799 | +25.1% |
| Other amounts payable | 47/48 | €674,000 | €743,484 | +€69,484 | +10.3% |
| Accrued charges and deferred income | 492/3 | €0 | €2,163 | +€2,163 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,179 | €17,185 | +€6 | 0.0% |
| Other operating charges | 640/8 | €2,481 | €2,551 | +€70 | +2.8% |
| Gross operating margin | 9900 | €53,624 | €54,650 | +€1,026 | +1.9% |
| Operating profit (loss) | 9901 | €33,964 | €34,914 | +€950 | +2.8% |
| Financial charges | 65/66B | €2,053 | €45 | -€2,008 | -97.8% |
| Recurring financial charges | 65 | €2,053 | €45 | -€2,008 | -97.8% |
| Profit (loss) for the period before taxes | 9903 | €31,911 | €34,869 | +€2,958 | +9.3% |
| Income taxes | 67/77 | - | €6,877 | +€6,877 | |
| Profit (loss) for the period | 9904 | €31,911 | €27,992 | -€3,919 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,911 | €27,992 | -€3,919 | -12.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.