Simberg: 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.
Simberg
Largest movements
- Tangible fixed assets +€2.2m
up €2.2m (+705.0%), from €313,263 to €2.5m
- Receivables within one year +€30,241
up €30,241 (+41.9%), from €72,185 to €102,426
of which Trade receivables: +€60,151
- Current portion of long-term debt +€2.4m
new in 2025: €2.4m
- Other debts -€238,094
no longer reported in 2025 (was €238,094)
- Profit (loss) carried forward +€45,268
up €45,268 (+9.4%), from -€482,035 to -€436,768
- Other operating charges -€371,503
down €371,503 (-96.0%), from €386,859 to €15,356
- Gross operating margin -€84,013
down €84,013 (-15.7%), from €533,525 to €449,512
- Financial charges +€61,261
up €61,261 (+23.3%), from €262,895 to €324,156
- Depreciation +€55,158
up €55,158 (+588.2%), from €9,377 to €64,535
- Taxes -€12,502
no longer reported in 2025 (was €12,502)
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 | €415,724 | €2,653,828 | +€2.2m | +538.4% |
| Fixed assets | 21/28 | €313,263 | €2,521,763 | +€2.2m | +705.0% |
| Tangible fixed assets | 22/27 | €313,263 | €2,521,763 | +€2.2m | +705.0% |
| Land and buildings | 22 | €313,263 | €2,521,763 | +€2.2m | +705.0% |
| Current assets | 29/58 | €102,460 | €132,065 | +€29,605 | +28.9% |
| Amounts receivable within one year | 40/41 | €72,185 | €102,426 | +€30,241 | +41.9% |
| Trade receivables | 40 | - | €60,151 | +€60,151 | |
| Other amounts receivable | 41 | €72,185 | €42,275 | -€29,910 | -41.4% |
| Cash at bank and in hand | 54/58 | €5,141 | €4,505 | -€636 | -12.4% |
| Deferred charges and accrued income | 490/1 | €25,135 | €25,135 | = | 0.0% |
| Total equity and liabilities | 10/49 | €415,724 | €2,653,828 | +€2.2m | +538.4% |
| Equity | 10/15 | €129,465 | €174,732 | +€45,268 | +35.0% |
| Contributions | 10/11 | €611,500 | €611,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Outside capital | 11 | €550,000 | €550,000 | = | 0.0% |
| Other | 1109/19 | €550,000 | €550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€482,035 | -€436,768 | +€45,268 | +9.4% |
| Amounts payable | 17/49 | €286,259 | €2,479,096 | +€2.2m | +766.0% |
| Amounts payable within one year | 42/48 | €286,259 | €2,479,096 | +€2.2m | +766.0% |
| Current portion of amounts payable after more than one year | 42 | - | €2,430,864 | +€2.4m | |
| Trade debts | 44 | €40,765 | €48,232 | +€7,467 | +18.3% |
| Suppliers | 440/4 | €40,765 | €48,232 | +€7,467 | +18.3% |
| Advances received on contracts in progress | 46 | €7,400 | - | -€7,400 | |
| Other amounts payable | 47/48 | €238,094 | - | -€238,094 | |
| Non-recurring operating income | 76A | - | €75,026 | +€75,026 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,377 | €64,535 | +€55,158 | +588.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €197 | +€197 | |
| Other operating charges | 640/8 | €386,859 | €15,356 | -€371,503 | -96.0% |
| Gross operating margin | 9900 | €533,525 | €449,512 | -€84,013 | -15.7% |
| Operating profit (loss) | 9901 | €137,289 | €369,424 | +€232,135 | +169.1% |
| Financial charges | 65/66B | €262,895 | €324,156 | +€61,261 | +23.3% |
| Recurring financial charges | 65 | €262,895 | €324,156 | +€61,261 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€125,606 | €45,268 | +€170,874 | |
| Income taxes | 67/77 | €12,502 | - | -€12,502 | |
| Profit (loss) for the period | 9904 | -€138,108 | €45,268 | +€183,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€138,108 | €45,268 | +€183,376 |
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 28 September 2026 via checked.be.