Simulit: 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.
Simulit
Largest movements
- Cash -€56,500
down €56,500 (-29.0%), from €194,701 to €138,201
mainly Accrued charges and deferred income (-€107,581) and Contributions, distributions and other (-€107,200)
- Stocks and contracts +€35,611
up €35,611 (+63.2%), from €56,354 to €91,964
of which Contracts in progress: +€48,553
- Receivables within one year -€22,332
down €22,332 (-36.8%), from €60,614 to €38,282
of which Trade receivables: -€24,749
- Deferred charges and accrued income -€6,068
down €6,068 (-65.0%), from €9,333 to €3,265
- Trade debts +€145,049
up €145,049 (+1076.4%), from €13,476 to €158,524
- Reserves -€126,055
down €126,055 (-100.0%), from €126,055 to €0
- Accrued charges and deferred income -€107,581
down €107,581 (-97.8%), from €110,002 to €2,420
- Debts after one year +€52,822
up €52,822 (+151.5%), from €34,874 to €87,696
of which Financial debts: +€52,822
- Profit (loss) carried forward -€32,551
down €32,551, from €0 to -€32,551
- Gross operating margin -€231,996
down €231,996, from €193,114 to -€38,882
- Taxes -€35,519
down €35,519 (-100.0%), from €35,519 to €0
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 | €346,958 | €294,911 | -€52,047 | -15.0% |
| Fixed assets | 21/28 | €25,956 | €23,198 | -€2,758 | -10.6% |
| Intangible fixed assets | 21 | €8,649 | €6,166 | -€2,483 | -28.7% |
| Tangible fixed assets | 22/27 | €17,307 | €17,032 | -€275 | -1.6% |
| Plant, machinery and equipment | 23 | €10,319 | €12,987 | +€2,668 | +25.8% |
| Furniture and vehicles | 24 | €0 | €101 | +€101 | |
| Leasing and similar rights | 25 | €6,987 | €3,944 | -€3,043 | -43.6% |
| Current assets | 29/58 | €321,002 | €271,713 | -€49,289 | -15.4% |
| Stocks and contracts in progress | 3 | €56,354 | €91,964 | +€35,611 | +63.2% |
| Stocks | 30/36 | €12,943 | €0 | -€12,943 | -100.0% |
| Contracts in progress | 37 | €43,411 | €91,964 | +€48,553 | +111.8% |
| Amounts receivable within one year | 40/41 | €60,614 | €38,282 | -€22,332 | -36.8% |
| Trade receivables | 40 | €60,191 | €35,442 | -€24,749 | -41.1% |
| Other amounts receivable | 41 | €423 | €2,840 | +€2,417 | +571.1% |
| Cash at bank and in hand | 54/58 | €194,701 | €138,201 | -€56,500 | -29.0% |
| Deferred charges and accrued income | 490/1 | €9,333 | €3,265 | -€6,068 | -65.0% |
| Total equity and liabilities | 10/49 | €346,958 | €294,911 | -€52,047 | -15.0% |
| Equity | 10/15 | €136,055 | -€22,551 | -€158,606 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €126,055 | €0 | -€126,055 | -100.0% |
| Distributable reserves | 133 | €126,055 | €0 | -€126,055 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€32,551 | -€32,551 | |
| Amounts payable | 17/49 | €210,903 | €317,462 | +€106,559 | +50.5% |
| Amounts payable after more than one year | 17 | €34,874 | €87,696 | +€52,822 | +151.5% |
| Financial debts | 170/4 | €34,874 | €87,696 | +€52,822 | +151.5% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €66,027 | €227,346 | +€161,318 | +244.3% |
| Current portion of amounts payable after more than one year | 42 | €7,878 | €22,178 | +€14,299 | +181.5% |
| Trade debts | 44 | €13,476 | €158,524 | +€145,049 | +1076.4% |
| Suppliers | 440/4 | €13,476 | €158,524 | +€145,049 | +1076.4% |
| Taxes, remuneration and social security | 45 | €44,673 | €46,644 | +€1,970 | +4.4% |
| Taxes | 450/3 | €44,673 | €46,644 | +€1,970 | +4.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €110,002 | €2,420 | -€107,581 | -97.8% |
| Non-recurring operating income | 76A | €1,554 | €0 | -€1,554 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,660 | €9,522 | +€862 | +9.9% |
| Other operating charges | 640/8 | €1,138 | €1,376 | +€238 | +20.9% |
| Non-recurring operating charges | 66A | €4,701 | €0 | -€4,701 | -100.0% |
| Gross operating margin | 9900 | €193,114 | -€38,882 | -€231,996 | |
| Operating profit (loss) | 9901 | €178,616 | -€49,779 | -€228,395 | |
| Financial income | 75/76B | €603 | €843 | +€240 | +39.7% |
| Recurring financial income | 75 | €603 | €843 | +€240 | +39.7% |
| Financial charges | 65/66B | €884 | €2,470 | +€1,587 | +179.6% |
| Recurring financial charges | 65 | €884 | €2,470 | +€1,587 | +179.6% |
| Profit (loss) for the period before taxes | 9903 | €178,336 | -€51,406 | -€229,742 | |
| Income taxes | 67/77 | €35,519 | €0 | -€35,519 | -100.0% |
| Profit (loss) for the period | 9904 | €142,817 | -€51,406 | -€194,223 | |
| Profit (loss) for the period to be appropriated | 9905 | €142,817 | -€51,406 | -€194,223 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.