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.
SIMBA
Largest movements
- Current investments +€15,001
up €15,001 (+41.7%), from €36,001 to €51,002
- Tangible fixed assets -€13,759
down €13,759 (-21.3%), from €64,568 to €50,809
of which Furniture and vehicles: -€17,613
- Cash -€7,068
down €7,068 (-25.2%), from €28,080 to €21,012
mainly Contributions, distributions and other (-€57,559) and Debts after one year (-€15,579)
- Receivables within one year -€4,562
down €4,562 (-11.0%), from €41,382 to €36,820
of which Trade receivables: -€4,773
- Deferred charges and accrued income -€3,855
down €3,855 (-100.0%), from €3,855 to €0
- Debts after one year -€15,579
down €15,579 (-36.9%), from €42,201 to €26,621
- Other debts +€13,945
up €13,945 (+30.3%), from €45,957 to €59,902
- Tax, wage and social debts -€10,654
down €10,654 (-34.0%), from €31,360 to €20,706
- Trade debts -€2,845
down €2,845 (-77.3%), from €3,679 to €834
- Gross operating margin +€10,321
up €10,321 (+11.1%), from €92,957 to €103,278
- Taxes +€3,658
up €3,658 (+23.7%), from €15,417 to €19,075
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 | €174,186 | €159,943 | -€14,243 | -8.2% |
| Fixed assets | 21/28 | €64,868 | €51,109 | -€13,759 | -21.2% |
| Tangible fixed assets | 22/27 | €64,568 | €50,809 | -€13,759 | -21.3% |
| Plant, machinery and equipment | 23 | - | €4,094 | +€4,094 | |
| Furniture and vehicles | 24 | €62,901 | €45,289 | -€17,613 | -28.0% |
| Other tangible fixed assets | 26 | €1,666 | €1,427 | -€240 | -14.4% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €109,318 | €108,834 | -€484 | -0.4% |
| Amounts receivable within one year | 40/41 | €41,382 | €36,820 | -€4,562 | -11.0% |
| Trade receivables | 40 | €40,383 | €35,610 | -€4,773 | -11.8% |
| Other amounts receivable | 41 | €999 | €1,210 | +€211 | +21.2% |
| Current investments | 50/53 | €36,001 | €51,002 | +€15,001 | +41.7% |
| Cash at bank and in hand | 54/58 | €28,080 | €21,012 | -€7,068 | -25.2% |
| Deferred charges and accrued income | 490/1 | €3,855 | €0 | -€3,855 | -100.0% |
| Total equity and liabilities | 10/49 | €174,186 | €159,943 | -€14,243 | -8.2% |
| Equity | 10/15 | €36,301 | €36,301 | = | 0.0% |
| Contributions | 10/11 | €18,855 | €18,855 | = | 0.0% |
| Reserves | 13 | €17,446 | €17,446 | = | 0.0% |
| Distributable reserves | 133 | €17,446 | €17,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €137,885 | €123,642 | -€14,243 | -10.3% |
| Amounts payable after more than one year | 17 | €42,201 | €26,621 | -€15,579 | -36.9% |
| Financial debts | 170/4 | €42,201 | €26,621 | -€15,579 | -36.9% |
| Amounts payable within one year | 42/48 | €95,685 | €97,021 | +€1,336 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €14,689 | €15,579 | +€891 | +6.1% |
| Trade debts | 44 | €3,679 | €834 | -€2,845 | -77.3% |
| Suppliers | 440/4 | €3,679 | €834 | -€2,845 | -77.3% |
| Taxes, remuneration and social security | 45 | €31,360 | €20,706 | -€10,654 | -34.0% |
| Taxes | 450/3 | €31,360 | €20,706 | -€10,654 | -34.0% |
| Other amounts payable | 47/48 | €45,957 | €59,902 | +€13,945 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,848 | €21,036 | +€189 | +0.9% |
| Other operating charges | 640/8 | €1,636 | €951 | -€685 | -41.9% |
| Non-recurring operating charges | 66A | €4,525 | €0 | -€4,525 | -100.0% |
| Gross operating margin | 9900 | €92,957 | €103,278 | +€10,321 | +11.1% |
| Operating profit (loss) | 9901 | €65,948 | €81,291 | +€15,343 | +23.3% |
| Financial income | 75/76B | €0 | €1 | +€1 | |
| Recurring financial income | 75 | €0 | €1 | +€1 | |
| Financial charges | 65/66B | €4,574 | €4,658 | +€83 | +1.8% |
| Recurring financial charges | 65 | €4,574 | €4,658 | +€83 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €61,374 | €76,634 | +€15,260 | +24.9% |
| Income taxes | 67/77 | €15,417 | €19,075 | +€3,658 | +23.7% |
| Profit (loss) for the period | 9904 | €45,957 | €57,559 | +€11,603 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,957 | €57,559 | +€11,603 | +25.2% |
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 6 October 2026 via checked.be.