SIMBO: 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.
SIMBO
Largest movements
- Stocks and contracts +€529,237
up €529,237 (+661.5%), from €80,000 to €609,237
- Cash -€64,779
down €64,779 (-84.7%), from €76,499 to €11,719
mainly Stocks and contracts (-€529,237) and Contributions, distributions and other (-€99,342)
- Deferred charges and accrued income +€12,762
up €12,762 (+648.9%), from €1,967 to €14,729
- Debts after one year +€306,000
new in 2025: €306,000
- Profit (loss) carried forward +€128,706
up €128,706, from €0 to €128,706
- Reserves -€99,342
down €99,342 (-22.2%), from €447,530 to €348,187
of which Distributable reserves: -€99,342
- Other debts +€95,736
new in 2025: €95,736
- Tax, wage and social debts +€32,837
up €32,837 (+321.0%), from €10,231 to €43,068
- Gross operating margin +€35,322
up €35,322 (+25.2%), from €140,284 to €175,606
- Financial income +€8,240
up €8,240 (+296.7%), from €2,777 to €11,017
- Financial charges +€6,766
up €6,766 (+478.4%), from €1,414 to €8,180
- Taxes +€4,529
up €4,529 (+12.5%), from €36,278 to €40,807
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 | €565,576 | €1,046,588 | +€481,012 | +85.0% |
| Fixed assets | 21/28 | €201,620 | €199,620 | -€2,001 | -1.0% |
| Tangible fixed assets | 22/27 | €14,120 | €12,120 | -€2,001 | -14.2% |
| Furniture and vehicles | 24 | €3,364 | €3,782 | +€418 | +12.4% |
| Other tangible fixed assets | 26 | €10,756 | €8,338 | -€2,418 | -22.5% |
| Financial fixed assets | 28 | €187,500 | €187,500 | = | 0.0% |
| Current assets | 29/58 | €363,956 | €846,968 | +€483,012 | +132.7% |
| Amounts receivable after more than one year | 29 | €174,547 | €174,547 | = | 0.0% |
| Other amounts receivable | 291 | €174,547 | €174,547 | = | 0.0% |
| Stocks and contracts in progress | 3 | €80,000 | €609,237 | +€529,237 | +661.5% |
| Stocks | 30/36 | €80,000 | €609,237 | +€529,237 | +661.5% |
| Amounts receivable within one year | 40/41 | €30,943 | €36,736 | +€5,792 | +18.7% |
| Trade receivables | 40 | €24,194 | €30,438 | +€6,244 | +25.8% |
| Other amounts receivable | 41 | €6,750 | €6,298 | -€452 | -6.7% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €76,499 | €11,719 | -€64,779 | -84.7% |
| Deferred charges and accrued income | 490/1 | €1,967 | €14,729 | +€12,762 | +648.9% |
| Total equity and liabilities | 10/49 | €565,576 | €1,046,588 | +€481,012 | +85.0% |
| Equity | 10/15 | €466,130 | €495,494 | +€29,364 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €447,530 | €348,187 | -€99,342 | -22.2% |
| Tax-exempt reserves | 132 | €7,510 | €7,510 | = | 0.0% |
| Distributable reserves | 133 | €440,019 | €340,677 | -€99,342 | -22.6% |
| Profit (loss) carried forward | 14 | €0 | €128,706 | +€128,706 | |
| Amounts payable | 17/49 | €99,447 | €551,094 | +€451,647 | +454.2% |
| Amounts payable after more than one year | 17 | - | €306,000 | +€306,000 | |
| Financial debts | 170/4 | - | €306,000 | +€306,000 | |
| Amounts payable within one year | 42/48 | €99,447 | €240,343 | +€140,897 | +141.7% |
| Financial debts | 43 | €9,145 | €0 | -€9,145 | -100.0% |
| Credit institutions | 430/8 | €9,145 | €0 | -€9,145 | -100.0% |
| Trade debts | 44 | €80,070 | €101,539 | +€21,469 | +26.8% |
| Suppliers | 440/4 | €80,070 | €101,539 | +€21,469 | +26.8% |
| Taxes, remuneration and social security | 45 | €10,231 | €43,068 | +€32,837 | +321.0% |
| Taxes | 450/3 | €10,231 | €43,068 | +€32,837 | +321.0% |
| Other amounts payable | 47/48 | - | €95,736 | +€95,736 | |
| Accrued charges and deferred income | 492/3 | - | €4,751 | +€4,751 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,994 | €3,830 | -€164 | -4.1% |
| Other operating charges | 640/8 | €2,032 | €1,583 | -€449 | -22.1% |
| Non-recurring operating charges | 66A | - | €3,517 | +€3,517 | |
| Gross operating margin | 9900 | €140,284 | €175,606 | +€35,322 | +25.2% |
| Operating profit (loss) | 9901 | €134,258 | €166,676 | +€32,419 | +24.1% |
| Financial income | 75/76B | €2,777 | €11,017 | +€8,240 | +296.7% |
| Recurring financial income | 75 | €2,777 | €11,017 | +€8,240 | +296.7% |
| Financial charges | 65/66B | €1,414 | €8,180 | +€6,766 | +478.4% |
| Recurring financial charges | 65 | €1,414 | €8,180 | +€6,766 | +478.4% |
| Profit (loss) for the period before taxes | 9903 | €135,621 | €169,514 | +€33,893 | +25.0% |
| Income taxes | 67/77 | €36,278 | €40,807 | +€4,529 | +12.5% |
| Profit (loss) for the period | 9904 | €99,342 | €128,706 | +€29,364 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €99,342 | €128,706 | +€29,364 | +29.6% |
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 7 October 2026 via checked.be.