SIMBACON: 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.
SIMBACON
Largest movements
- Receivables within one year -€115,541
down €115,541 (-87.0%), from €132,819 to €17,278
of which Other amounts receivable: -€73,532
- Current investments +€20,000
up €20,000 (+37,879%), from €53 to €20,053
- Cash +€13,449
up €13,449 (+19.5%), from €68,887 to €82,336
mainly Receivables within one year (+€115,541) and Net result for the year (+€51,992)
- Other debts -€76,331
down €76,331 (-76.3%), from €100,000 to €23,669
- Profit (loss) carried forward +€44,796
up €44,796 (+193%), from €23,190 to €67,986
- Reserves -€37,805
down €37,805 (-55.5%), from €68,056 to €30,252
- Contributions -€18,000
down €18,000 (-96.8%), from €18,600 to €600
- Trade debts +€8,001
up €8,001 (+408%), from €1,963 to €9,965
- Gross operating margin -€36,157
down €36,157 (-32.7%), from €110,450 to €74,292
- Taxes -€11,155
down €11,155 (-38.1%), from €29,289 to €18,133
- Financial income -€1,495
down €1,495 (-43.0%), from €3,476 to €1,980
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 | €222,040 | €139,160 | -€82,880 | -37.3% |
| Fixed assets | 21/28 | €19,827 | €18,791 | -€1,036 | -5.2% |
| Tangible fixed assets | 22/27 | €19,827 | €18,791 | -€1,036 | -5.2% |
| Furniture and vehicles | 24 | €2,744 | €1,882 | -€862 | -31.4% |
| Other tangible fixed assets | 26 | €17,083 | €16,908 | -€175 | -1.0% |
| Current assets | 29/58 | €202,213 | €120,369 | -€81,844 | -40.5% |
| Amounts receivable within one year | 40/41 | €132,819 | €17,278 | -€115,541 | -87.0% |
| Trade receivables | 40 | €54,807 | €12,797 | -€42,010 | -76.7% |
| Other amounts receivable | 41 | €78,013 | €4,481 | -€73,532 | -94.3% |
| Current investments | 50/53 | €53 | €20,053 | +€20,000 | +37,879% |
| Cash at bank and in hand | 54/58 | €68,887 | €82,336 | +€13,449 | +19.5% |
| Deferred charges and accrued income | 490/1 | €454 | €703 | +€249 | +54.7% |
| Total equity and liabilities | 10/49 | €222,040 | €139,160 | -€82,880 | -37.3% |
| Equity | 10/15 | €109,846 | €98,838 | -€11,008 | -10.0% |
| Contributions | 10/11 | €18,600 | €600 | -€18,000 | -96.8% |
| Reserves | 13 | €68,056 | €30,252 | -€37,805 | -55.5% |
| Distributable reserves | 133 | €68,056 | €30,252 | -€37,805 | -55.5% |
| Profit (loss) carried forward | 14 | €23,190 | €67,986 | +€44,796 | +193% |
| Amounts payable | 17/49 | €112,194 | €40,322 | -€71,872 | -64.1% |
| Amounts payable within one year | 42/48 | €111,128 | €39,255 | -€71,873 | -64.7% |
| Trade debts | 44 | €1,963 | €9,965 | +€8,001 | +408% |
| Suppliers | 440/4 | €1,963 | €9,965 | +€8,001 | +408% |
| Taxes, remuneration and social security | 45 | €9,165 | €5,622 | -€3,543 | -38.7% |
| Taxes | 450/3 | €9,165 | €5,622 | -€3,543 | -38.7% |
| Other amounts payable | 47/48 | €100,000 | €23,669 | -€76,331 | -76.3% |
| Accrued charges and deferred income | 492/3 | €1,066 | €1,067 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,269 | €3,986 | +€717 | +21.9% |
| Other operating charges | 640/8 | €1,581 | €1,493 | -€88 | -5.6% |
| Gross operating margin | 9900 | €110,450 | €74,292 | -€36,157 | -32.7% |
| Operating profit (loss) | 9901 | €105,600 | €68,813 | -€36,786 | -34.8% |
| Financial income | 75/76B | €3,476 | €1,980 | -€1,495 | -43.0% |
| Recurring financial income | 75 | €3,476 | €1,980 | -€1,495 | -43.0% |
| Financial charges | 65/66B | €806 | €669 | -€137 | -17.0% |
| Recurring financial charges | 65 | €806 | €669 | -€137 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €108,269 | €70,125 | -€38,144 | -35.2% |
| Income taxes | 67/77 | €29,289 | €18,133 | -€11,155 | -38.1% |
| Profit (loss) for the period | 9904 | €78,980 | €51,992 | -€26,989 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,980 | €51,992 | -€26,989 | -34.2% |
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 14 October 2026 via checked.be.