SIMBABEL: 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.
SIMBABEL
Largest movements
- Stocks and contracts -€23,997
down €23,997 (-78.6%), from €30,549 to €6,552
- Receivables within one year -€4,984
down €4,984 (-46.3%), from €10,755 to €5,772
of which Other amounts receivable: -€2,925
- Cash -€3,888
down €3,888 (-94.1%), from €4,134 to €245
mainly Net result for the year (-€16,156) and Other debts (-€12,017)
- Profit (loss) carried forward -€16,156
down €16,156 (-9.6%), from -€167,642 to -€183,798
- Other debts -€12,017
down €12,017 (-80.0%), from €15,017 to €3,000
- Trade debts -€5,366
down €5,366 (-62.7%), from €8,563 to €3,197
- Tax, wage and social debts +€1,120
new in 2025: €1,120
- Gross operating margin -€5,795
down €5,795 (-76.3%), from -€7,598 to -€13,392
- Financial charges -€821
down €821 (-93.5%), from €879 to €57
- Other operating charges -€761
down €761 (-54.4%), from €1,398 to €637
- Depreciation -€536
no longer reported in 2025 (was €536)
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 | €45,438 | €13,019 | -€32,419 | -71.3% |
| Current assets | 29/58 | €45,438 | €13,019 | -€32,419 | -71.3% |
| Stocks and contracts in progress | 3 | €30,549 | €6,552 | -€23,997 | -78.6% |
| Stocks | 30/36 | €30,549 | €6,552 | -€23,997 | -78.6% |
| Amounts receivable within one year | 40/41 | €10,755 | €5,772 | -€4,984 | -46.3% |
| Trade receivables | 40 | €7,831 | €5,772 | -€2,059 | -26.3% |
| Other amounts receivable | 41 | €2,925 | - | -€2,925 | |
| Cash at bank and in hand | 54/58 | €4,134 | €245 | -€3,888 | -94.1% |
| Deferred charges and accrued income | 490/1 | - | €450 | +€450 | |
| Total equity and liabilities | 10/49 | €45,438 | €13,019 | -€32,419 | -71.3% |
| Equity | 10/15 | €21,858 | €5,702 | -€16,156 | -73.9% |
| Contributions | 10/11 | €189,500 | €189,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,642 | -€183,798 | -€16,156 | -9.6% |
| Amounts payable | 17/49 | €23,580 | €7,317 | -€16,263 | -69.0% |
| Amounts payable within one year | 42/48 | €23,580 | €7,317 | -€16,263 | -69.0% |
| Trade debts | 44 | €8,563 | €3,197 | -€5,366 | -62.7% |
| Suppliers | 440/4 | €8,563 | €3,197 | -€5,366 | -62.7% |
| Taxes, remuneration and social security | 45 | - | €1,120 | +€1,120 | |
| Taxes | 450/3 | - | €1,120 | +€1,120 | |
| Other amounts payable | 47/48 | €15,017 | €3,000 | -€12,017 | -80.0% |
| Non-recurring operating income | 76A | - | €6,693 | +€6,693 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €536 | - | -€536 | |
| Other operating charges | 640/8 | €1,398 | €637 | -€761 | -54.4% |
| Non-recurring operating charges | 66A | - | €2,070 | +€2,070 | |
| Gross operating margin | 9900 | -€7,598 | -€13,392 | -€5,795 | -76.3% |
| Operating profit (loss) | 9901 | -€9,531 | -€16,099 | -€6,568 | -68.9% |
| Financial charges | 65/66B | €879 | €57 | -€821 | -93.5% |
| Recurring financial charges | 65 | €879 | €57 | -€821 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,409 | -€16,156 | -€5,747 | -55.2% |
| Profit (loss) for the period | 9904 | -€10,409 | -€16,156 | -€5,747 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,409 | -€16,156 | -€5,747 | -55.2% |
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 3 October 2026 via checked.be.