SIMBA 5: 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 5
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+386.8%), from €320,156 to €1.6m
of which Land and buildings: +€1.2m
- Receivables after one year +€27,243
up €27,243 (+6.8%), from €401,986 to €429,229
- Revaluation surpluses +€933,405
new in 2025: €933,405
- Provisions +€311,135
new in 2025: €311,135
- Reserves +€30,289
up €30,289 (+12.7%), from €238,538 to €268,827
of which Distributable reserves: +€30,289
- Gross operating margin +€15,367
up €15,367 (+35.6%), from €43,160 to €58,526
- Taxes +€4,972
up €4,972 (+51.2%), from €9,702 to €14,674
- Depreciation +€858
up €858 (+4.9%), from €17,463 to €18,321
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 | €725,252 | €1,992,724 | +€1.3m | +174.8% |
| Fixed assets | 21/28 | €320,156 | €1,558,576 | +€1.2m | +386.8% |
| Tangible fixed assets | 22/27 | €320,156 | €1,558,576 | +€1.2m | +386.8% |
| Land and buildings | 22 | €309,814 | €1,539,000 | +€1.2m | +396.8% |
| Plant, machinery and equipment | 23 | €3,125 | €8,701 | +€5,576 | +178.5% |
| Furniture and vehicles | 24 | €7,217 | €10,875 | +€3,658 | +50.7% |
| Current assets | 29/58 | €405,096 | €434,148 | +€29,052 | +7.2% |
| Amounts receivable after more than one year | 29 | €401,986 | €429,229 | +€27,243 | +6.8% |
| Other amounts receivable | 291 | €401,986 | €429,229 | +€27,243 | +6.8% |
| Amounts receivable within one year | 40/41 | €208 | - | -€208 | |
| Other amounts receivable | 41 | €208 | - | -€208 | |
| Cash at bank and in hand | 54/58 | €2,903 | €4,919 | +€2,017 | +69.5% |
| Total equity and liabilities | 10/49 | €725,252 | €1,992,724 | +€1.3m | +174.8% |
| Equity | 10/15 | €681,723 | €1,645,417 | +€963,694 | +141.4% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €933,405 | +€933,405 | |
| Reserves | 13 | €238,538 | €268,827 | +€30,289 | +12.7% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €232,238 | €262,527 | +€30,289 | +13.0% |
| Profit (loss) carried forward | 14 | €380,185 | €380,185 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €311,135 | +€311,135 | |
| Deferred taxes | 168 | - | €311,135 | +€311,135 | |
| Amounts payable | 17/49 | €43,529 | €36,172 | -€7,357 | -16.9% |
| Amounts payable within one year | 42/48 | €43,529 | €36,172 | -€7,357 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €10,065 | - | -€10,065 | |
| Trade debts | 44 | €2,625 | €1,032 | -€1,593 | -60.7% |
| Suppliers | 440/4 | €2,625 | €1,032 | -€1,593 | -60.7% |
| Taxes, remuneration and social security | 45 | €9,702 | €8,672 | -€1,031 | -10.6% |
| Taxes | 450/3 | €9,702 | €8,672 | -€1,031 | -10.6% |
| Other amounts payable | 47/48 | €21,136 | €26,468 | +€5,332 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,463 | €18,321 | +€858 | +4.9% |
| Other operating charges | 640/8 | €4,078 | €3,832 | -€246 | -6.0% |
| Gross operating margin | 9900 | €43,160 | €58,526 | +€15,367 | +35.6% |
| Operating profit (loss) | 9901 | €21,618 | €36,373 | +€14,755 | +68.3% |
| Financial income | 75/76B | €8,341 | €8,743 | +€402 | +4.8% |
| Recurring financial income | 75 | €8,341 | €8,743 | +€402 | +4.8% |
| Financial charges | 65/66B | €725 | €152 | -€573 | -79.0% |
| Recurring financial charges | 65 | €725 | €152 | -€573 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €29,234 | €44,964 | +€15,729 | +53.8% |
| Income taxes | 67/77 | €9,702 | €14,674 | +€4,972 | +51.2% |
| Profit (loss) for the period | 9904 | €19,532 | €30,289 | +€10,757 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,532 | €30,289 | +€10,757 | +55.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.