LONG SHUN: 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.
LONG SHUN
Largest movements
- Cash +€66,871
up €66,871 (+97.9%), from €68,297 to €135,168
mainly Tax, wage and social debts (+€56,247) and Depreciation (+€20,860)
- Tangible fixed assets -€9,145
down €9,145 (-30.4%), from €30,066 to €20,921
of which Furniture and vehicles: -€6,998
- Stocks and contracts +€6,908
up €6,908 (+77.2%), from €8,945 to €15,853
- Intangible fixed assets -€3,500
down €3,500 (-14.0%), from €25,066 to €21,566
- Deferred charges and accrued income -€2,786
down €2,786 (-61.9%), from €4,500 to €1,714
- Tax, wage and social debts +€56,247
up €56,247 (+96.0%), from €58,592 to €114,839
of which Remuneration and social security: +€39,580
- Reserves +€12,313
up €12,313 (+44.8%), from €27,507 to €39,820
- Debts after one year -€7,385
down €7,385 (-53.8%), from €13,739 to €6,354
- Trade debts -€2,823
down €2,823 (-23.4%), from €12,067 to €9,244
- Gross operating margin +€102,898
up €102,898 (+24.6%), from €417,715 to €520,613
- Staff costs +€98,949
up €98,949 (+26.7%), from €370,379 to €469,328
- Financial charges -€5,323
down €5,323 (-88.9%), from €5,985 to €662
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 | €139,580 | €197,932 | +€58,352 | +41.8% |
| Fixed assets | 21/28 | €55,132 | €42,486 | -€12,645 | -22.9% |
| Intangible fixed assets | 21 | €25,066 | €21,566 | -€3,500 | -14.0% |
| Tangible fixed assets | 22/27 | €30,066 | €20,921 | -€9,145 | -30.4% |
| Plant, machinery and equipment | 23 | €22,534 | €20,386 | -€2,148 | -9.5% |
| Furniture and vehicles | 24 | €7,532 | €534 | -€6,998 | -92.9% |
| Current assets | 29/58 | €84,449 | €155,446 | +€70,997 | +84.1% |
| Stocks and contracts in progress | 3 | €8,945 | €15,853 | +€6,908 | +77.2% |
| Stocks | 30/36 | €8,945 | €15,853 | +€6,908 | +77.2% |
| Amounts receivable within one year | 40/41 | €2,706 | €2,711 | +€5 | +0.2% |
| Trade receivables | 40 | €528 | €528 | = | 0.0% |
| Other amounts receivable | 41 | €2,178 | €2,183 | +€5 | +0.2% |
| Cash at bank and in hand | 54/58 | €68,297 | €135,168 | +€66,871 | +97.9% |
| Deferred charges and accrued income | 490/1 | €4,500 | €1,714 | -€2,786 | -61.9% |
| Total equity and liabilities | 10/49 | €139,580 | €197,932 | +€58,352 | +41.8% |
| Equity | 10/15 | €37,507 | €49,820 | +€12,313 | +32.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,507 | €39,820 | +€12,313 | +44.8% |
| Distributable reserves | 133 | €27,507 | €39,820 | +€12,313 | +44.8% |
| Amounts payable | 17/49 | €102,073 | €148,112 | +€46,039 | +45.1% |
| Amounts payable after more than one year | 17 | €13,739 | €6,354 | -€7,385 | -53.8% |
| Financial debts | 170/4 | €13,739 | €6,354 | -€7,385 | -53.8% |
| Amounts payable within one year | 42/48 | €88,334 | €141,758 | +€53,425 | +60.5% |
| Trade debts | 44 | €12,067 | €9,244 | -€2,823 | -23.4% |
| Suppliers | 440/4 | €12,067 | €9,244 | -€2,823 | -23.4% |
| Taxes, remuneration and social security | 45 | €58,592 | €114,839 | +€56,247 | +96.0% |
| Taxes | 450/3 | €29,422 | €46,089 | +€16,667 | +56.6% |
| Remuneration and social security | 454/9 | €29,170 | €68,750 | +€39,580 | +136% |
| Other amounts payable | 47/48 | €17,675 | €17,675 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €370,379 | €469,328 | +€98,949 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,584 | €20,860 | -€724 | -3.4% |
| Other operating charges | 640/8 | €11,697 | €12,169 | +€472 | +4.0% |
| Gross operating margin | 9900 | €417,715 | €520,613 | +€102,898 | +24.6% |
| Operating profit (loss) | 9901 | €14,055 | €18,256 | +€4,201 | +29.9% |
| Financial income | 75/76B | €75 | €2 | -€73 | -97.6% |
| Recurring financial income | 75 | €75 | €2 | -€73 | -97.6% |
| Financial charges | 65/66B | €5,985 | €662 | -€5,323 | -88.9% |
| Recurring financial charges | 65 | €5,985 | €662 | -€5,323 | -88.9% |
| Profit (loss) for the period before taxes | 9903 | €8,144 | €17,596 | +€9,452 | +116% |
| Income taxes | 67/77 | €2,602 | €5,284 | +€2,682 | +103% |
| Profit (loss) for the period | 9904 | €5,542 | €12,313 | +€6,770 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €5,542 | €12,313 | +€6,770 | +122% |
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 27 October 2026 via checked.be.