SIM'Z: what changed
SIM'Z
Largest movements
- Receivables after one year -€305,759
down €305,759 (-100%), from €305,759 to €0
- Receivables within one year +€63,088
up €63,088 (+990%), from €6,370 to €69,458
of which Trade receivables: +€67,015
- Cash +€59,144
up €59,144 (+1,213%), from €4,876 to €64,020
mainly Receivables after one year (+€305,759) and Debts after one year (+€38,630)
- Deferred charges and accrued income -€8,574
down €8,574 (-61.2%), from €14,020 to €5,446
- Tangible fixed assets +€3,879
up €3,879 (+15.8%), from €24,503 to €28,382
of which Plant, machinery and equipment: +€9,035
- Other debts -€268,713
down €268,713 (-54.5%), from €492,666 to €223,953
- Debts after one year +€38,630
up €38,630, from €0 to €38,630
- Profit (loss) carried forward +€37,341
up €37,341 (+22.8%), from -€163,498 to -€126,157
- Gross operating margin +€65,267
up €65,267, from -€22,906 to €42,361
- Financial income -€8,496
down €8,496 (-63.1%), from €13,460 to €4,964
of which Financial income: -€8,496
- Depreciation +€4,677
up €4,677 (+365%), from €1,280 to €5,958
- Staff costs +€2,562
up €2,562, from -€12 to €2,550
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,528 | €172,305 | -€188,223 | -52.2% |
| Fixed assets | 21/28 | €29,503 | €33,382 | +€3,879 | +13.1% |
| Tangible fixed assets | 22/27 | €24,503 | €28,382 | +€3,879 | +15.8% |
| Plant, machinery and equipment | 23 | - | €9,035 | +€9,035 | |
| Furniture and vehicles | 24 | €24,503 | €19,346 | -€5,157 | -21.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €331,025 | €138,924 | -€192,101 | -58.0% |
| Amounts receivable after more than one year | 29 | €305,759 | €0 | -€305,759 | -100% |
| Other amounts receivable | 291 | €305,759 | €0 | -€305,759 | -100% |
| Amounts receivable within one year | 40/41 | €6,370 | €69,458 | +€63,088 | +990% |
| Trade receivables | 40 | €2,443 | €69,458 | +€67,015 | +2,743% |
| Other amounts receivable | 41 | €3,927 | €0 | -€3,927 | -100% |
| Cash at bank and in hand | 54/58 | €4,876 | €64,020 | +€59,144 | +1,213% |
| Deferred charges and accrued income | 490/1 | €14,020 | €5,446 | -€8,574 | -61.2% |
| Total equity and liabilities | 10/49 | €360,528 | €172,305 | -€188,223 | -52.2% |
| Equity | 10/15 | -€143,498 | -€106,157 | +€37,341 | +26.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€163,498 | -€126,157 | +€37,341 | +22.8% |
| Amounts payable | 17/49 | €504,026 | €278,462 | -€225,564 | -44.8% |
| Amounts payable after more than one year | 17 | €0 | €38,630 | +€38,630 | |
| Other amounts payable | 178/9 | €0 | €38,630 | +€38,630 | |
| Amounts payable within one year | 42/48 | €504,026 | €239,832 | -€264,194 | -52.4% |
| Trade debts | 44 | €6,128 | €5,649 | -€480 | -7.8% |
| Suppliers | 440/4 | €6,128 | €5,649 | -€480 | -7.8% |
| Advances received on contracts in progress | 46 | - | €2,575 | +€2,575 | |
| Taxes, remuneration and social security | 45 | €5,231 | €7,655 | +€2,424 | +46.3% |
| Taxes | 450/3 | €3,482 | €6,155 | +€2,673 | +76.8% |
| Remuneration and social security | 454/9 | €1,749 | €1,500 | -€249 | -14.3% |
| Other amounts payable | 47/48 | €492,666 | €223,953 | -€268,713 | -54.5% |
| Non-recurring operating income | 76A | €1,946 | €0 | -€1,946 | -100% |
| Remuneration, social security and pensions | 62 | -€12 | €2,550 | +€2,562 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,280 | €5,958 | +€4,677 | +365% |
| Other operating charges | 640/8 | €1,181 | €1,077 | -€105 | -8.9% |
| Gross operating margin | 9900 | -€22,906 | €42,361 | +€65,267 | |
| Operating profit (loss) | 9901 | -€25,355 | €32,777 | +€58,132 | |
| Financial income | 75/76B | €13,460 | €4,964 | -€8,496 | -63.1% |
| Recurring financial income | 75 | €13,460 | €4,964 | -€8,496 | -63.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €118 | €145 | +€27 | +22.7% |
| Recurring financial charges | 65 | €118 | €145 | +€27 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,013 | €37,596 | +€49,609 | |
| Income taxes | 67/77 | €489 | €255 | -€234 | -47.9% |
| Profit (loss) for the period | 9904 | -€12,503 | €37,341 | +€49,844 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,503 | €37,341 | +€49,844 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.