SH.ToMoon: 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.
SH.ToMoon
Largest movements
- Receivables within one year +€12,009
up €12,009 (+82.0%), from €14,650 to €26,659
of which Other amounts receivable: +€14,668
- Tangible fixed assets -€8,619
down €8,619 (-44.9%), from €19,202 to €10,584
of which Furniture and vehicles: -€7,633
- Intangible fixed assets -€8,000
down €8,000 (-37.5%), from €21,342 to €13,342
- Stocks and contracts -€2,020
down €2,020 (-24.5%), from €8,243 to €6,223
- Cash +€1,622
up €1,622 (+8.3%), from €19,612 to €21,233
mainly Depreciation (+€16,619) and Net result for the year (+€11,009)
- Other debts -€15,382
no longer reported in 2025 (was €15,382)
- Profit (loss) carried forward +€11,009
up €11,009 (+64.8%), from €16,987 to €27,996
- Debts after one year -€3,083
down €3,083 (-35.7%), from €8,630 to €5,547
- Current portion of long-term debt +€2,536
up €2,536 (+46.2%), from €5,486 to €8,022
- Gross operating margin +€11,366
up €11,366 (+15.2%), from €74,612 to €85,978
- Write-downs +€7,229
new in 2025: €7,229
- Staff costs +€4,803
up €4,803 (+12.4%), from €38,631 to €43,434
- Taxes +€2,768
new in 2025: €2,768
- Depreciation -€1,773
down €1,773 (-9.6%), from €18,392 to €16,619
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 | €93,501 | €88,116 | -€5,385 | -5.8% |
| Fixed assets | 21/28 | €50,620 | €34,001 | -€16,619 | -32.8% |
| Intangible fixed assets | 21 | €21,342 | €13,342 | -€8,000 | -37.5% |
| Tangible fixed assets | 22/27 | €19,202 | €10,584 | -€8,619 | -44.9% |
| Plant, machinery and equipment | 23 | €3,084 | €2,098 | -€985 | -32.0% |
| Furniture and vehicles | 24 | €16,119 | €8,485 | -€7,633 | -47.4% |
| Financial fixed assets | 28 | €10,075 | €10,075 | = | 0.0% |
| Current assets | 29/58 | €42,881 | €54,115 | +€11,234 | +26.2% |
| Stocks and contracts in progress | 3 | €8,243 | €6,223 | -€2,020 | -24.5% |
| Stocks | 30/36 | €8,243 | €6,223 | -€2,020 | -24.5% |
| Amounts receivable within one year | 40/41 | €14,650 | €26,659 | +€12,009 | +82.0% |
| Trade receivables | 40 | €14,650 | €11,992 | -€2,658 | -18.1% |
| Other amounts receivable | 41 | - | €14,668 | +€14,668 | |
| Cash at bank and in hand | 54/58 | €19,612 | €21,233 | +€1,622 | +8.3% |
| Deferred charges and accrued income | 490/1 | €377 | - | -€377 | |
| Total equity and liabilities | 10/49 | €93,501 | €88,116 | -€5,385 | -5.8% |
| Equity | 10/15 | €29,387 | €40,396 | +€11,009 | +37.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,987 | €27,996 | +€11,009 | +64.8% |
| Amounts payable | 17/49 | €64,114 | €47,720 | -€16,394 | -25.6% |
| Amounts payable after more than one year | 17 | €8,630 | €5,547 | -€3,083 | -35.7% |
| Financial debts | 170/4 | €8,630 | €5,547 | -€3,083 | -35.7% |
| Amounts payable within one year | 42/48 | €55,484 | €42,173 | -€13,310 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €5,486 | €8,022 | +€2,536 | +46.2% |
| Trade debts | 44 | €27,862 | €27,433 | -€429 | -1.5% |
| Suppliers | 440/4 | €27,862 | €27,433 | -€429 | -1.5% |
| Taxes, remuneration and social security | 45 | €6,753 | €6,718 | -€35 | -0.5% |
| Taxes | 450/3 | €3,640 | €4,768 | +€1,128 | +31.0% |
| Remuneration and social security | 454/9 | €3,113 | €1,950 | -€1,163 | -37.4% |
| Other amounts payable | 47/48 | €15,382 | - | -€15,382 | |
| Remuneration, social security and pensions | 62 | €38,631 | €43,434 | +€4,803 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,392 | €16,619 | -€1,773 | -9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,229 | +€7,229 | |
| Other operating charges | 640/8 | €1,353 | €1,640 | +€287 | +21.2% |
| Gross operating margin | 9900 | €74,612 | €85,978 | +€11,366 | +15.2% |
| Operating profit (loss) | 9901 | €16,236 | €17,056 | +€820 | +5.1% |
| Financial income | 75/76B | €129 | €35 | -€94 | -72.9% |
| Recurring financial income | 75 | €129 | €35 | -€94 | -72.9% |
| Financial charges | 65/66B | €3,080 | €3,314 | +€234 | +7.6% |
| Recurring financial charges | 65 | €3,080 | €3,314 | +€234 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €13,285 | €13,777 | +€492 | +3.7% |
| Income taxes | 67/77 | - | €2,768 | +€2,768 | |
| Profit (loss) for the period | 9904 | €13,285 | €11,009 | -€2,276 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,285 | €11,009 | -€2,276 | -17.1% |
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 11 October 2026 via checked.be.