S.H.C.: 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.
S.H.C.
Largest movements
- Cash -€900
down €900 (-53.3%), from €1,688 to €788
mainly Net result for the year (-€900)
- Profit (loss) carried forward -€900
down €900 (-3.8%), from -€23,726 to -€24,626
- Gross operating margin -€27
down €27 (-42.1%), from -€64 to -€91
- Other operating charges +€16
up €16 (+2.5%), from €638 to €654
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,688 | €788 | -€900 | -53.3% |
| Current assets | 29/58 | €1,688 | €788 | -€900 | -53.3% |
| Cash at bank and in hand | 54/58 | €1,688 | €788 | -€900 | -53.3% |
| Total equity and liabilities | 10/49 | €1,688 | €788 | -€900 | -53.3% |
| Equity | 10/15 | €1,688 | €788 | -€900 | -53.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,414 | €5,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,414 | €5,414 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,414 | €5,414 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,726 | -€24,626 | -€900 | -3.8% |
| Other operating charges | 640/8 | €638 | €654 | +€16 | +2.5% |
| Gross operating margin | 9900 | -€64 | -€91 | -€27 | -42.1% |
| Operating profit (loss) | 9901 | -€702 | -€744 | -€43 | -6.1% |
| Financial charges | 65/66B | €156 | €155 | -€1 | -0.6% |
| Recurring financial charges | 65 | €156 | €155 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€858 | -€900 | -€42 | -4.9% |
| Profit (loss) for the period | 9904 | -€858 | -€900 | -€42 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€858 | -€900 | -€42 | -4.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.