SHABI GROUP: 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.
SHABI GROUP
Largest movements
- Receivables within one year -€34,992
down €34,992 (-41.2%), from €84,875 to €49,882
of which Trade receivables: -€40,239
- Trade debts -€27,864
down €27,864 (-73.4%), from €37,936 to €10,073
- Accrued charges and deferred income -€13,981
no longer reported in 2024 (was €13,981)
- Profit (loss) carried forward +€6,114
up €6,114 (+33.9%), from €18,023 to €24,138
- Staff costs -€14,824
down €14,824 (-58.5%), from €25,357 to €10,533
- Gross operating margin -€13,595
down €13,595 (-39.4%), from €34,485 to €20,891
- Financial charges +€2,882
up €2,882 (+225%), from €1,282 to €4,164
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €85,254 | €50,182 | -€35,071 | -41.1% |
| Fixed assets | 21/28 | €379 | €300 | -€79 | -20.9% |
| Tangible fixed assets | 22/27 | €79 | - | -€79 | |
| Furniture and vehicles | 24 | €79 | - | -€79 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €84,875 | €49,882 | -€34,992 | -41.2% |
| Amounts receivable within one year | 40/41 | €84,875 | €49,882 | -€34,992 | -41.2% |
| Trade receivables | 40 | €57,118 | €16,878 | -€40,239 | -70.5% |
| Other amounts receivable | 41 | €27,757 | €33,004 | +€5,247 | +18.9% |
| Total equity and liabilities | 10/49 | €85,254 | €50,182 | -€35,071 | -41.1% |
| Equity | 10/15 | €18,523 | €24,638 | +€6,114 | +33.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,023 | €24,138 | +€6,114 | +33.9% |
| Amounts payable | 17/49 | €66,730 | €25,545 | -€41,186 | -61.7% |
| Amounts payable within one year | 42/48 | €52,749 | €25,545 | -€27,205 | -51.6% |
| Financial debts | 43 | €9,615 | €9,902 | +€287 | +3.0% |
| Credit institutions | 430/8 | €9,615 | €9,902 | +€287 | +3.0% |
| Trade debts | 44 | €37,936 | €10,073 | -€27,864 | -73.4% |
| Suppliers | 440/4 | €37,936 | €10,073 | -€27,864 | -73.4% |
| Taxes, remuneration and social security | 45 | €5,198 | €5,570 | +€372 | +7.1% |
| Taxes | 450/3 | €2,087 | €225 | -€1,863 | -89.2% |
| Remuneration and social security | 454/9 | €3,111 | €5,345 | +€2,234 | +71.8% |
| Accrued charges and deferred income | 492/3 | €13,981 | - | -€13,981 | |
| Remuneration, social security and pensions | 62 | €25,357 | €10,533 | -€14,824 | -58.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €406 | €79 | -€327 | -80.5% |
| Other operating charges | 640/8 | €268 | - | -€268 | |
| Gross operating margin | 9900 | €34,485 | €20,891 | -€13,595 | -39.4% |
| Operating profit (loss) | 9901 | €8,454 | €10,279 | +€1,824 | +21.6% |
| Financial charges | 65/66B | €1,282 | €4,164 | +€2,882 | +225% |
| Recurring financial charges | 65 | €1,282 | €4,164 | +€2,882 | +225% |
| Profit (loss) for the period before taxes | 9903 | €7,172 | €6,114 | -€1,058 | -14.7% |
| Profit (loss) for the period | 9904 | €7,172 | €6,114 | -€1,058 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,172 | €6,114 | -€1,058 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.