SHADE DTC: 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.
SHADE DTC
Largest movements
- Receivables within one year +€1,227
up €1,227 (+8.8%), from €13,933 to €15,159
of which Trade receivables: +€1,726
- Cash -€591
no longer reported in 2025 (was €591)
mainly Net result for the year (-€1,388) and Receivables within one year (-€1,227)
- Profit (loss) carried forward -€1,388
down €1,388 (-26.9%), from -€5,156 to -€6,544
- Trade debts +€1,279
up €1,279 (+8.4%), from €15,236 to €16,516
- Other debts +€474
up €474 (+12.4%), from €3,838 to €4,312
- Short-term financial debts +€171
new in 2025: €171
- Gross operating margin +€4,211
up €4,211 (+89.5%), from -€4,704 to -€493
- Financial charges +€728
up €728 (+1089.5%), from €67 to €795
- Other operating charges -€284
down €284 (-74.0%), from €384 to €100
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 | €14,523 | €15,159 | +€636 | +4.4% |
| Current assets | 29/58 | €14,523 | €15,159 | +€636 | +4.4% |
| Amounts receivable within one year | 40/41 | €13,933 | €15,159 | +€1,227 | +8.8% |
| Trade receivables | 40 | €13,433 | €15,159 | +€1,726 | +12.8% |
| Other amounts receivable | 41 | €499 | - | -€499 | |
| Cash at bank and in hand | 54/58 | €591 | - | -€591 | |
| Total equity and liabilities | 10/49 | €14,523 | €15,159 | +€636 | +4.4% |
| Equity | 10/15 | -€5,156 | -€6,544 | -€1,388 | -26.9% |
| Profit (loss) carried forward | 14 | -€5,156 | -€6,544 | -€1,388 | -26.9% |
| Amounts payable | 17/49 | €19,679 | €21,703 | +€2,024 | +10.3% |
| Amounts payable within one year | 42/48 | €19,679 | €21,703 | +€2,024 | +10.3% |
| Financial debts | 43 | - | €171 | +€171 | |
| Credit institutions | 430/8 | - | €171 | +€171 | |
| Trade debts | 44 | €15,236 | €16,516 | +€1,279 | +8.4% |
| Suppliers | 440/4 | €15,236 | €16,516 | +€1,279 | +8.4% |
| Taxes, remuneration and social security | 45 | €605 | €705 | +€100 | +16.5% |
| Taxes | 450/3 | €605 | €705 | +€100 | +16.5% |
| Other amounts payable | 47/48 | €3,838 | €4,312 | +€474 | +12.4% |
| Other operating charges | 640/8 | €384 | €100 | -€284 | -74.0% |
| Gross operating margin | 9900 | -€4,704 | -€493 | +€4,211 | +89.5% |
| Operating profit (loss) | 9901 | -€5,089 | -€593 | +€4,496 | +88.3% |
| Financial charges | 65/66B | €67 | €795 | +€728 | +1089.5% |
| Recurring financial charges | 65 | €67 | €795 | +€728 | +1089.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,156 | -€1,388 | +€3,768 | +73.1% |
| Profit (loss) for the period | 9904 | -€5,156 | -€1,388 | +€3,768 | +73.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,156 | -€1,388 | +€3,768 | +73.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.