Simabat: 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.
Simabat
Largest movements
- Cash -€33,469
down €33,469 (-83.0%), from €40,330 to €6,861
mainly Trade debts (-€26,873) and Accrued charges and deferred income (-€20,000)
- Receivables within one year +€19,848
up €19,848 (+45.1%), from €43,973 to €63,821
of which Other amounts receivable: +€30,351
- Stocks and contracts +€15,000
new in 2025: €15,000
- Tangible fixed assets -€2,756
down €2,756 (-33.1%), from €8,331 to €5,575
of which Plant, machinery and equipment: -€2,608
- Deferred charges and accrued income -€1,612
down €1,612 (-59.8%), from €2,695 to €1,084
- Other debts +€47,565
up €47,565 (+11,240%), from €423 to €47,988
- Trade debts -€26,873
down €26,873 (-80.1%), from €33,538 to €6,664
- Accrued charges and deferred income -€20,000
no longer reported in 2025 (was €20,000)
- Current portion of long-term debt -€2,651
no longer reported in 2025 (was €2,651)
- Profit (loss) carried forward -€1,910
down €1,910, from €1,162 to -€748
- Financial charges +€36,429
up €36,429 (+1,323%), from €2,754 to €39,183
of which Financial charges: +€31,749
- Taxes -€16,369
down €16,369 (-90.5%), from €18,080 to €1,711
- Gross operating margin -€13,347
down €13,347 (-23.8%), from €56,020 to €42,673
- Other operating charges +€2,482
new in 2025: €2,482
- Depreciation +€633
up €633 (+29.8%), from €2,123 to €2,756
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.
Derived cash bridge
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 | €133,423 | €130,341 | -€3,081 | -2.3% |
| Fixed assets | 21/28 | €8,424 | €5,575 | -€2,848 | -33.8% |
| Tangible fixed assets | 22/27 | €8,331 | €5,575 | -€2,756 | -33.1% |
| Plant, machinery and equipment | 23 | €5,528 | €2,920 | -€2,608 | -47.2% |
| Furniture and vehicles | 24 | €2,803 | €2,655 | -€148 | -5.3% |
| Financial fixed assets | 28 | €93 | - | -€93 | |
| Current assets | 29/58 | €124,999 | €124,766 | -€233 | -0.2% |
| Amounts receivable after more than one year | 29 | €38,000 | €38,000 | = | 0.0% |
| Other amounts receivable | 291 | €38,000 | €38,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €15,000 | +€15,000 | |
| Stocks | 30/36 | - | €15,000 | +€15,000 | |
| Amounts receivable within one year | 40/41 | €43,973 | €63,821 | +€19,848 | +45.1% |
| Trade receivables | 40 | €32,475 | €21,972 | -€10,503 | -32.3% |
| Other amounts receivable | 41 | €11,498 | €41,849 | +€30,351 | +264% |
| Cash at bank and in hand | 54/58 | €40,330 | €6,861 | -€33,469 | -83.0% |
| Deferred charges and accrued income | 490/1 | €2,695 | €1,084 | -€1,612 | -59.8% |
| Total equity and liabilities | 10/49 | €133,423 | €130,341 | -€3,081 | -2.3% |
| Equity | 10/15 | €57,559 | €55,649 | -€1,910 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €37,797 | €37,797 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,937 | €35,937 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,162 | -€748 | -€1,910 | |
| Amounts payable | 17/49 | €75,863 | €74,692 | -€1,171 | -1.5% |
| Amounts payable within one year | 42/48 | €55,863 | €74,692 | +€18,829 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €2,651 | - | -€2,651 | |
| Trade debts | 44 | €33,538 | €6,664 | -€26,873 | -80.1% |
| Suppliers | 440/4 | €33,538 | €6,664 | -€26,873 | -80.1% |
| Taxes, remuneration and social security | 45 | €19,251 | €20,039 | +€788 | +4.1% |
| Taxes | 450/3 | €19,251 | €20,039 | +€788 | +4.1% |
| Other amounts payable | 47/48 | €423 | €47,988 | +€47,565 | +11,240% |
| Accrued charges and deferred income | 492/3 | €20,000 | - | -€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,123 | €2,756 | +€633 | +29.8% |
| Other operating charges | 640/8 | - | €2,482 | +€2,482 | |
| Gross operating margin | 9900 | €56,020 | €42,673 | -€13,347 | -23.8% |
| Operating profit (loss) | 9901 | €53,897 | €37,435 | -€16,462 | -30.5% |
| Financial income | 75/76B | €1,436 | €1,550 | +€114 | +7.9% |
| Recurring financial income | 75 | €1,436 | €1,550 | +€114 | +7.9% |
| Financial charges | 65/66B | €2,754 | €39,183 | +€36,429 | +1,323% |
| Recurring financial charges | 65 | €2,754 | €34,503 | +€31,749 | +1,153% |
| Non-recurring financial charges | 66B | - | €4,680 | +€4,680 | |
| Profit (loss) for the period before taxes | 9903 | €52,579 | -€199 | -€52,778 | |
| Income taxes | 67/77 | €18,080 | €1,711 | -€16,369 | -90.5% |
| Profit (loss) for the period | 9904 | €34,499 | -€1,910 | -€36,409 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,499 | -€1,910 | -€36,409 |
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 16 October 2026 via checked.be.