JULIA SIMBA: 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.
JULIA SIMBA
Largest movements
- Receivables within one year -€19,777
down €19,777 (-44.0%), from €44,950 to €25,173
of which Other amounts receivable: -€13,637
- Tangible fixed assets +€5,303
new in 2025: €5,303
- Cash -€1,901
down €1,901 (-12.6%), from €15,066 to €13,165
mainly Contributions, distributions and other (-€83,000) and Investment in fixed assets (net) (-€6,705)
- Profit (loss) carried forward -€50,920
down €50,920 (-99.7%), from €51,095 to €175
- Other debts +€32,000
new in 2025: €32,000
- Tax, wage and social debts +€10,765
new in 2025: €10,765
- Trade debts -€5,030
down €5,030 (-96.9%), from €5,190 to €160
- Short-term financial debts -€2,732
no longer reported in 2025 (was €2,732)
- Gross operating margin +€21,299
up €21,299 (+96.4%), from €22,086 to €43,385
- Taxes +€4,242
up €4,242 (+88.9%), from €4,772 to €9,014
- Depreciation +€1,402
new in 2025: €1,402
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 | €60,016 | €44,101 | -€15,915 | -26.5% |
| Fixed assets | 21/28 | - | €5,303 | +€5,303 | |
| Tangible fixed assets | 22/27 | - | €5,303 | +€5,303 | |
| Furniture and vehicles | 24 | - | €5,303 | +€5,303 | |
| Current assets | 29/58 | €60,016 | €38,798 | -€21,218 | -35.4% |
| Amounts receivable within one year | 40/41 | €44,950 | €25,173 | -€19,777 | -44.0% |
| Trade receivables | 40 | €8,503 | €2,363 | -€6,140 | -72.2% |
| Other amounts receivable | 41 | €36,447 | €22,810 | -€13,637 | -37.4% |
| Cash at bank and in hand | 54/58 | €15,066 | €13,165 | -€1,901 | -12.6% |
| Deferred charges and accrued income | 490/1 | - | €460 | +€460 | |
| Total equity and liabilities | 10/49 | €60,016 | €44,101 | -€15,915 | -26.5% |
| Equity | 10/15 | €52,095 | €1,175 | -€50,920 | -97.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,095 | €175 | -€50,920 | -99.7% |
| Amounts payable | 17/49 | €7,921 | €42,926 | +€35,004 | +441.9% |
| Amounts payable within one year | 42/48 | €7,921 | €42,926 | +€35,004 | +441.9% |
| Financial debts | 43 | €2,732 | - | -€2,732 | |
| Credit institutions | 430/8 | €2,732 | - | -€2,732 | |
| Trade debts | 44 | €5,190 | €160 | -€5,030 | -96.9% |
| Suppliers | 440/4 | €5,190 | €160 | -€5,030 | -96.9% |
| Taxes, remuneration and social security | 45 | - | €10,765 | +€10,765 | |
| Taxes | 450/3 | - | €10,765 | +€10,765 | |
| Other amounts payable | 47/48 | - | €32,000 | +€32,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,402 | +€1,402 | |
| Other operating charges | 640/8 | €618 | €648 | +€30 | +4.8% |
| Gross operating margin | 9900 | €22,086 | €43,385 | +€21,299 | +96.4% |
| Operating profit (loss) | 9901 | €21,468 | €41,335 | +€19,867 | +92.5% |
| Financial charges | 65/66B | €426 | €240 | -€186 | -43.7% |
| Recurring financial charges | 65 | €426 | €240 | -€186 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €21,041 | €41,094 | +€20,053 | +95.3% |
| Transfer to deferred taxes | 680 | €114 | - | -€114 | |
| Income taxes | 67/77 | €4,772 | €9,014 | +€4,242 | +88.9% |
| Profit (loss) for the period | 9904 | €16,155 | €32,080 | +€15,925 | +98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,155 | €32,080 | +€15,925 | +98.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.