SIMUSI: 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.
SIMUSI
Largest movements
- Cash +€141,479
up €141,479 (+96.6%), from €146,499 to €287,978
mainly Other debts (+€214,549) and Net result for the year (+€176,053)
- Receivables within one year +€62,727
up €62,727 (+88.9%), from €70,586 to €133,313
- Tangible fixed assets -€6,922
down €6,922 (-59.8%), from €11,573 to €4,651
- Other debts +€214,549
up €214,549 (+12705.4%), from €1,689 to €216,237
- Profit (loss) carried forward -€76,947
down €76,947 (-35.4%), from €217,142 to €140,195
- Tax, wage and social debts +€59,824
up €59,824 (+1261.3%), from €4,743 to €64,567
- Gross operating margin +€98,236
up €98,236 (+67.9%), from €144,595 to €242,831
- Taxes +€26,001
up €26,001 (+84.9%), from €30,616 to €56,617
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 | €229,643 | €426,916 | +€197,273 | +85.9% |
| Fixed assets | 21/28 | €11,573 | €4,651 | -€6,922 | -59.8% |
| Tangible fixed assets | 22/27 | €11,573 | €4,651 | -€6,922 | -59.8% |
| Furniture and vehicles | 24 | €11,573 | €4,651 | -€6,922 | -59.8% |
| Current assets | 29/58 | €218,070 | €422,265 | +€204,195 | +93.6% |
| Amounts receivable within one year | 40/41 | €70,586 | €133,313 | +€62,727 | +88.9% |
| Trade receivables | 40 | €70,586 | €133,313 | +€62,727 | +88.9% |
| Cash at bank and in hand | 54/58 | €146,499 | €287,978 | +€141,479 | +96.6% |
| Deferred charges and accrued income | 490/1 | €985 | €974 | -€11 | -1.1% |
| Total equity and liabilities | 10/49 | €229,643 | €426,916 | +€197,273 | +85.9% |
| Equity | 10/15 | €222,142 | €145,195 | -€76,947 | -34.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €217,142 | €140,195 | -€76,947 | -35.4% |
| Amounts payable | 17/49 | €7,501 | €281,721 | +€274,220 | +3655.9% |
| Amounts payable within one year | 42/48 | €7,501 | €281,721 | +€274,220 | +3655.9% |
| Trade debts | 44 | €1,069 | €917 | -€152 | -14.3% |
| Suppliers | 440/4 | €1,069 | €917 | -€152 | -14.3% |
| Taxes, remuneration and social security | 45 | €4,743 | €64,567 | +€59,824 | +1261.3% |
| Taxes | 450/3 | €4,743 | €64,567 | +€59,824 | +1261.3% |
| Other amounts payable | 47/48 | €1,689 | €216,237 | +€214,549 | +12705.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,798 | €9,514 | -€284 | -2.9% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €144,595 | €242,831 | +€98,236 | +67.9% |
| Operating profit (loss) | 9901 | €134,345 | €232,851 | +€98,506 | +73.3% |
| Financial charges | 65/66B | €27 | €182 | +€155 | +570.3% |
| Recurring financial charges | 65 | €27 | €182 | +€155 | +570.3% |
| Profit (loss) for the period before taxes | 9903 | €134,318 | €232,669 | +€98,351 | +73.2% |
| Income taxes | 67/77 | €30,616 | €56,617 | +€26,001 | +84.9% |
| Profit (loss) for the period | 9904 | €103,702 | €176,053 | +€72,350 | +69.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,702 | €176,053 | +€72,350 | +69.8% |
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 10 October 2026 via checked.be.