Simultas: 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.
Simultas
Largest movements
- Cash -€12,180
down €12,180 (-95.1%), from €12,806 to €625
mainly Debts after one year (-€11,692) and Trade debts (-€7,829)
- Receivables within one year -€3,023
down €3,023 (-56.7%), from €5,334 to €2,311
- Deferred charges and accrued income +€1,935
up €1,935 (+845.9%), from €229 to €2,164
- Intangible fixed assets -€1,404
down €1,404 (-27.1%), from €5,178 to €3,774
- Debts after one year -€11,692
down €11,692 (-58.2%), from €20,088 to €8,396
- Tax, wage and social debts +€9,216
up €9,216 (+124.0%), from €7,431 to €16,647
of which Remuneration and social security: +€9,716
- Trade debts -€7,829
down €7,829 (-91.0%), from €8,601 to €772
- Other debts -€4,444
down €4,444 (-36.2%), from €12,271 to €7,827
- Gross operating margin +€63,592
up €63,592 (+154.6%), from €41,122 to €104,714
- Staff costs +€63,316
up €63,316 (+175.0%), from €36,177 to €99,493
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,980 | €29,050 | -€14,931 | -33.9% |
| Fixed assets | 21/28 | €25,612 | €23,949 | -€1,662 | -6.5% |
| Intangible fixed assets | 21 | €5,178 | €3,774 | -€1,404 | -27.1% |
| Tangible fixed assets | 22/27 | €15,594 | €15,336 | -€258 | -1.7% |
| Furniture and vehicles | 24 | €3,836 | €4,997 | +€1,161 | +30.2% |
| Other tangible fixed assets | 26 | €11,758 | €10,339 | -€1,419 | -12.1% |
| Financial fixed assets | 28 | €4,840 | €4,840 | = | 0.0% |
| Current assets | 29/58 | €18,369 | €5,100 | -€13,269 | -72.2% |
| Amounts receivable within one year | 40/41 | €5,334 | €2,311 | -€3,023 | -56.7% |
| Trade receivables | 40 | €5,334 | €2,311 | -€3,023 | -56.7% |
| Cash at bank and in hand | 54/58 | €12,806 | €625 | -€12,180 | -95.1% |
| Deferred charges and accrued income | 490/1 | €229 | €2,164 | +€1,935 | +845.9% |
| Total equity and liabilities | 10/49 | €43,980 | €29,050 | -€14,931 | -33.9% |
| Equity | 10/15 | -€16,277 | -€16,085 | +€193 | +1.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,277 | -€26,085 | +€193 | +0.7% |
| Amounts payable | 17/49 | €60,258 | €45,134 | -€15,123 | -25.1% |
| Amounts payable after more than one year | 17 | €20,088 | €8,396 | -€11,692 | -58.2% |
| Financial debts | 170/4 | €20,088 | €8,396 | -€11,692 | -58.2% |
| Amounts payable within one year | 42/48 | €40,169 | €36,738 | -€3,431 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €11,866 | €11,492 | -€374 | -3.2% |
| Trade debts | 44 | €8,601 | €772 | -€7,829 | -91.0% |
| Suppliers | 440/4 | €8,601 | €772 | -€7,829 | -91.0% |
| Taxes, remuneration and social security | 45 | €7,431 | €16,647 | +€9,216 | +124.0% |
| Taxes | 450/3 | €3,200 | €2,700 | -€500 | -15.6% |
| Remuneration and social security | 454/9 | €4,231 | €13,947 | +€9,716 | +229.6% |
| Other amounts payable | 47/48 | €12,271 | €7,827 | -€4,444 | -36.2% |
| Remuneration, social security and pensions | 62 | €36,177 | €99,493 | +€63,316 | +175.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,273 | €3,850 | +€577 | +17.6% |
| Other operating charges | 640/8 | €788 | €410 | -€378 | -47.9% |
| Gross operating margin | 9900 | €41,122 | €104,714 | +€63,592 | +154.6% |
| Operating profit (loss) | 9901 | €885 | €962 | +€77 | +8.7% |
| Financial income | 75/76B | €17 | €30 | +€13 | +76.2% |
| Recurring financial income | 75 | €17 | €30 | +€13 | +76.2% |
| Financial charges | 65/66B | €820 | €799 | -€21 | -2.6% |
| Recurring financial charges | 65 | €820 | €799 | -€21 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €82 | €193 | +€111 | +135.9% |
| Profit (loss) for the period | 9904 | €82 | €193 | +€111 | +135.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82 | €193 | +€111 | +135.9% |
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 29 September 2026 via checked.be.