ALL ROUND SHOE EXPRESS: 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.
ALL ROUND SHOE EXPRESS
Largest movements
- Tangible fixed assets -€5,056
down €5,056 (-5.8%), from €86,529 to €81,472
of which Land and buildings: -€3,089
- Debts after one year -€14,107
down €14,107 (-25.6%), from €55,042 to €40,934
- Reserves +€6,046
up €6,046 (+36.5%), from €16,566 to €22,612
- Tax, wage and social debts +€2,130
up €2,130 (+16.7%), from €12,788 to €14,919
- Trade debts -€1,795
down €1,795 (-33.0%), from €5,430 to €3,636
- Gross operating margin -€6,164
down €6,164 (-23.0%), from €26,796 to €20,632
- Taxes -€3,144
down €3,144 (-45.2%), from €6,950 to €3,806
- Financial charges -€650
down €650 (-15.8%), from €4,118 to €3,468
- Other operating charges +€358
up €358 (+20.7%), from €1,732 to €2,090
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 | €149,360 | €142,586 | -€6,774 | -4.5% |
| Fixed assets | 21/28 | €86,569 | €81,512 | -€5,056 | -5.8% |
| Tangible fixed assets | 22/27 | €86,529 | €81,472 | -€5,056 | -5.8% |
| Land and buildings | 22 | €80,152 | €77,063 | -€3,089 | -3.9% |
| Leasing and similar rights | 25 | €6,377 | €4,409 | -€1,967 | -30.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €62,791 | €61,073 | -€1,718 | -2.7% |
| Stocks and contracts in progress | 3 | €11,936 | €11,540 | -€397 | -3.3% |
| Stocks | 30/36 | €11,936 | €11,540 | -€397 | -3.3% |
| Amounts receivable within one year | 40/41 | €33,552 | €32,209 | -€1,343 | -4.0% |
| Trade receivables | 40 | €852 | €804 | -€47 | -5.5% |
| Other amounts receivable | 41 | €32,700 | €31,405 | -€1,295 | -4.0% |
| Cash at bank and in hand | 54/58 | €17,303 | €17,324 | +€21 | +0.1% |
| Total equity and liabilities | 10/49 | €149,360 | €142,586 | -€6,774 | -4.5% |
| Equity | 10/15 | €62,514 | €68,560 | +€6,046 | +9.7% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €16,566 | €22,612 | +€6,046 | +36.5% |
| Distributable reserves | 133 | €16,566 | €22,612 | +€6,046 | +36.5% |
| Profit (loss) carried forward | 14 | €34,793 | €34,793 | = | 0.0% |
| Amounts payable | 17/49 | €86,846 | €74,026 | -€12,820 | -14.8% |
| Amounts payable after more than one year | 17 | €55,042 | €40,934 | -€14,107 | -25.6% |
| Financial debts | 170/4 | €55,042 | €40,934 | -€14,107 | -25.6% |
| Amounts payable within one year | 42/48 | €31,805 | €33,091 | +€1,287 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €13,586 | €14,337 | +€751 | +5.5% |
| Trade debts | 44 | €5,430 | €3,636 | -€1,795 | -33.0% |
| Suppliers | 440/4 | €5,430 | €3,636 | -€1,795 | -33.0% |
| Taxes, remuneration and social security | 45 | €12,788 | €14,919 | +€2,130 | +16.7% |
| Taxes | 450/3 | €12,788 | €14,919 | +€2,130 | +16.7% |
| Other amounts payable | 47/48 | - | €200 | +€200 | |
| Non-recurring operating income | 76A | €11,987 | - | -€11,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,056 | €5,056 | = | 0.0% |
| Other operating charges | 640/8 | €1,732 | €2,090 | +€358 | +20.7% |
| Non-recurring operating charges | 66A | - | €200 | +€200 | |
| Gross operating margin | 9900 | €26,796 | €20,632 | -€6,164 | -23.0% |
| Operating profit (loss) | 9901 | €20,007 | €13,286 | -€6,722 | -33.6% |
| Financial income | 75/76B | €75 | €35 | -€40 | -53.2% |
| Recurring financial income | 75 | €75 | €35 | -€40 | -53.2% |
| Financial charges | 65/66B | €4,118 | €3,468 | -€650 | -15.8% |
| Recurring financial charges | 65 | €4,118 | €3,468 | -€650 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €15,964 | €9,853 | -€6,111 | -38.3% |
| Income taxes | 67/77 | €6,950 | €3,806 | -€3,144 | -45.2% |
| Profit (loss) for the period | 9904 | €9,014 | €6,046 | -€2,968 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,014 | €6,046 | -€2,968 | -32.9% |
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 31 October 2026 via checked.be.