Simba: what changed
Simba
Largest movements
- Cash +€1.8m
up €1.8m (+147%), from €1.2m to €3.0m
mainly Net result for the year (+€1.2m) and Trade debts (+€636,992)
- Receivables within one year +€301,529
up €301,529 (+67.8%), from €444,434 to €745,963
of which Other amounts receivable: +€165,782
- Intangible fixed assets -€170,000
down €170,000 (-11.0%), from €1.5m to €1.4m
- Tangible fixed assets -€122,851
down €122,851 (-11.1%), from €1.1m to €981,556
of which Plant, machinery and equipment: -€144,488
- Stocks and contracts -€121,569
down €121,569 (-11.2%), from €1.1m to €965,155
- Reserves +€1.2m
up €1.2m (+16,435%), from €7,075 to €1.2m
of which Distributable reserves: +€615,432
- Trade debts +€636,992
up €636,992 (+30.2%), from €2.1m to €2.7m
- Debts after one year -€252,447
down €252,447 (-18.1%), from €1.4m to €1.1m
- Gross operating margin +€1.6m
up €1.6m (+50.1%), from €3.3m to €4.9m
- Taxes +€374,869
up €374,869 (+2,629%), from €14,261 to €389,130
- Staff costs +€182,066
up €182,066 (+6.7%), from €2.7m to €2.9m
- Other operating charges -€109,881
down €109,881 (-63.5%), from €173,155 to €63,274
- Depreciation +€61,481
up €61,481 (+19.8%), from €310,944 to €372,425
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,467,912 | €7,120,526 | +€1.7m | +30.2% |
| Formation expenses | 20 | €35,475 | €26,905 | -€8,570 | -24.2% |
| Fixed assets | 21/28 | €2,648,573 | €2,355,722 | -€292,851 | -11.1% |
| Intangible fixed assets | 21 | €1,544,167 | €1,374,167 | -€170,000 | -11.0% |
| Tangible fixed assets | 22/27 | €1,104,406 | €981,556 | -€122,851 | -11.1% |
| Plant, machinery and equipment | 23 | €1,104,406 | €959,918 | -€144,488 | -13.1% |
| Other tangible fixed assets | 26 | - | €21,637 | +€21,637 | |
| Current assets | 29/58 | €2,783,864 | €4,737,899 | +€2.0m | +70.2% |
| Stocks and contracts in progress | 3 | €1,086,724 | €965,155 | -€121,569 | -11.2% |
| Stocks | 30/36 | €1,086,724 | €965,155 | -€121,569 | -11.2% |
| Amounts receivable within one year | 40/41 | €444,434 | €745,963 | +€301,529 | +67.8% |
| Trade receivables | 40 | €356,602 | €492,349 | +€135,747 | +38.1% |
| Other amounts receivable | 41 | €87,831 | €253,614 | +€165,782 | +189% |
| Cash at bank and in hand | 54/58 | €1,219,785 | €3,017,649 | +€1.8m | +147% |
| Deferred charges and accrued income | 490/1 | €32,921 | €9,131 | -€23,790 | -72.3% |
| Total equity and liabilities | 10/49 | €5,467,912 | €7,120,526 | +€1.7m | +30.2% |
| Equity | 10/15 | €932,075 | €2,094,806 | +€1.2m | +125% |
| Contributions | 10/11 | €925,000 | €925,000 | = | 0.0% |
| Reserves | 13 | €7,075 | €1,169,806 | +€1.2m | +16,435% |
| Tax-exempt reserves | 132 | - | €547,300 | +€547,300 | |
| Distributable reserves | 133 | €7,075 | €622,506 | +€615,432 | +8,699% |
| Amounts payable | 17/49 | €4,535,837 | €5,025,720 | +€489,883 | +10.8% |
| Amounts payable after more than one year | 17 | €1,393,106 | €1,140,659 | -€252,447 | -18.1% |
| Financial debts | 170/4 | €1,393,106 | €1,140,659 | -€252,447 | -18.1% |
| Amounts payable within one year | 42/48 | €3,130,287 | €3,846,717 | +€716,430 | +22.9% |
| Current portion of amounts payable after more than one year | 42 | €262,480 | €273,038 | +€10,558 | +4.0% |
| Trade debts | 44 | €2,107,854 | €2,744,846 | +€636,992 | +30.2% |
| Suppliers | 440/4 | €2,107,854 | €2,744,846 | +€636,992 | +30.2% |
| Taxes, remuneration and social security | 45 | €759,953 | €828,833 | +€68,880 | +9.1% |
| Taxes | 450/3 | €32,767 | €63,443 | +€30,676 | +93.6% |
| Remuneration and social security | 454/9 | €727,186 | €765,390 | +€38,204 | +5.3% |
| Accrued charges and deferred income | 492/3 | €12,444 | €38,344 | +€25,899 | +208% |
| Remuneration, social security and pensions | 62 | €2,719,298 | €2,901,364 | +€182,066 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310,944 | €372,425 | +€61,481 | +19.8% |
| Other operating charges | 640/8 | €173,155 | €63,274 | -€109,881 | -63.5% |
| Gross operating margin | 9900 | €3,294,185 | €4,943,325 | +€1.6m | +50.1% |
| Operating profit (loss) | 9901 | €90,787 | €1,606,261 | +€1.5m | +1,669% |
| Financial income | 75/76B | - | €9,772 | +€9,772 | |
| Recurring financial income | 75 | - | €9,772 | +€9,772 | |
| Financial charges | 65/66B | €69,452 | €64,172 | -€5,280 | -7.6% |
| Recurring financial charges | 65 | €69,452 | €64,172 | -€5,280 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €21,336 | €1,551,861 | +€1.5m | +7,174% |
| Income taxes | 67/77 | €14,261 | €389,130 | +€374,869 | +2,629% |
| Profit (loss) for the period | 9904 | €7,075 | €1,162,732 | +€1.2m | +16,335% |
| Transfer to tax-exempt reserves | 689 | - | €547,300 | +€547,300 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,075 | €615,432 | +€608,357 | +8,599% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.