iSHOP: 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.
iSHOP
Largest movements
- Stocks and contracts +€17,387
up €17,387 (+137.8%), from €12,619 to €30,006
- Cash -€13,135
down €13,135 (-42.8%), from €30,681 to €17,546
mainly Stocks and contracts (-€17,387) and Other debts (-€9,193)
- Tangible fixed assets -€5,015
down €5,015 (-88.0%), from €5,701 to €686
of which Other tangible fixed assets: -€3,535
- Receivables within one year -€1,527
down €1,527 (-27.6%), from €5,527 to €4,000
- Deferred charges and accrued income -€1,298
no longer reported in 2025 (was €1,298)
- Other debts -€9,193
down €9,193 (-19.0%), from €48,266 to €39,073
- Profit (loss) carried forward +€6,208
up €6,208 (+31.2%), from -€19,904 to -€13,696
- Accrued charges and deferred income +€2,400
up €2,400 (+342.9%), from €700 to €3,100
- Trade debts -€2,167
down €2,167 (-50.7%), from €4,275 to €2,107
- Investment grants -€928
no longer reported in 2025 (was €928)
- Staff costs -€10,635
down €10,635 (-99.2%), from €10,720 to €85
- Depreciation -€3,126
down €3,126 (-38.4%), from €8,141 to €5,015
- Financial income -€2,276
down €2,276 (-69.4%), from €3,278 to €1,002
- Gross operating margin +€2,143
up €2,143 (+20.3%), from €10,575 to €12,718
- Write-downs +€1,854
no longer reported in 2025 (was -€1,854)
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 | €57,919 | €54,331 | -€3,588 | -6.2% |
| Fixed assets | 21/28 | €7,795 | €2,780 | -€5,015 | -64.3% |
| Tangible fixed assets | 22/27 | €5,701 | €686 | -€5,015 | -88.0% |
| Furniture and vehicles | 24 | €2,167 | €686 | -€1,481 | -68.3% |
| Other tangible fixed assets | 26 | €3,535 | - | -€3,535 | |
| Financial fixed assets | 28 | €2,094 | €2,094 | = | 0.0% |
| Current assets | 29/58 | €50,124 | €51,551 | +€1,427 | +2.8% |
| Stocks and contracts in progress | 3 | €12,619 | €30,006 | +€17,387 | +137.8% |
| Stocks | 30/36 | €12,619 | €30,006 | +€17,387 | +137.8% |
| Amounts receivable within one year | 40/41 | €5,527 | €4,000 | -€1,527 | -27.6% |
| Trade receivables | 40 | €5,527 | €4,000 | -€1,527 | -27.6% |
| Cash at bank and in hand | 54/58 | €30,681 | €17,546 | -€13,135 | -42.8% |
| Deferred charges and accrued income | 490/1 | €1,298 | - | -€1,298 | |
| Total equity and liabilities | 10/49 | €57,919 | €54,331 | -€3,588 | -6.2% |
| Equity | 10/15 | €1,485 | €6,764 | +€5,279 | +355.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,904 | -€13,696 | +€6,208 | +31.2% |
| Investment grants | 15 | €928 | - | -€928 | |
| Amounts payable | 17/49 | €56,434 | €47,567 | -€8,867 | -15.7% |
| Amounts payable within one year | 42/48 | €55,734 | €44,467 | -€11,267 | -20.2% |
| Trade debts | 44 | €4,275 | €2,107 | -€2,167 | -50.7% |
| Suppliers | 440/4 | €4,275 | €2,107 | -€2,167 | -50.7% |
| Taxes, remuneration and social security | 45 | €3,194 | €3,287 | +€93 | +2.9% |
| Taxes | 450/3 | €2,349 | €3,287 | +€938 | +39.9% |
| Remuneration and social security | 454/9 | €845 | - | -€845 | |
| Other amounts payable | 47/48 | €48,266 | €39,073 | -€9,193 | -19.0% |
| Accrued charges and deferred income | 492/3 | €700 | €3,100 | +€2,400 | +342.9% |
| Remuneration, social security and pensions | 62 | €10,720 | €85 | -€10,635 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,141 | €5,015 | -€3,126 | -38.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,854 | - | +€1,854 | |
| Other operating charges | 640/8 | €1,459 | €1,572 | +€113 | +7.8% |
| Gross operating margin | 9900 | €10,575 | €12,718 | +€2,143 | +20.3% |
| Operating profit (loss) | 9901 | -€7,891 | €6,046 | +€13,937 | |
| Financial income | 75/76B | €3,278 | €1,002 | -€2,276 | -69.4% |
| Recurring financial income | 75 | €3,278 | €1,002 | -€2,276 | -69.4% |
| Financial charges | 65/66B | €806 | €840 | +€34 | +4.3% |
| Recurring financial charges | 65 | €806 | €840 | +€34 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,419 | €6,208 | +€11,626 | |
| Income taxes | 67/77 | -€299 | - | +€299 | |
| Profit (loss) for the period | 9904 | -€5,119 | €6,208 | +€11,327 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,119 | €6,208 | +€11,327 |
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 9 October 2026 via checked.be.