SHADINO: 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.
SHADINO
Largest movements
- Tangible fixed assets -€7,481
down €7,481 (-12.2%), from €61,097 to €53,616
- Debts after one year -€15,401
down €15,401 (-56.0%), from €27,502 to €12,101
- Profit (loss) carried forward +€8,438
up €8,438 (+68.4%), from -€12,331 to -€3,893
- Other debts -€1,170
down €1,170 (-10.9%), from €10,727 to €9,557
- Current portion of long-term debt +€870
up €870 (+5.5%), from €15,776 to €16,645
- Gross operating margin +€8,716
up €8,716 (+85.6%), from €10,187 to €18,903
- Financial charges -€380
down €380 (-14.7%), from €2,578 to €2,199
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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,100 | €53,616 | -€7,484 | -12.2% |
| Fixed assets | 21/28 | €61,097 | €53,616 | -€7,481 | -12.2% |
| Tangible fixed assets | 22/27 | €61,097 | €53,616 | -€7,481 | -12.2% |
| Land and buildings | 22 | €61,097 | €53,616 | -€7,481 | -12.2% |
| Current assets | 29/58 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €2 | - | -€2 | |
| Total equity and liabilities | 10/49 | €61,100 | €53,616 | -€7,484 | -12.2% |
| Equity | 10/15 | €6,269 | €14,707 | +€8,438 | +135% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,331 | -€3,893 | +€8,438 | +68.4% |
| Amounts payable | 17/49 | €54,830 | €38,909 | -€15,921 | -29.0% |
| Amounts payable after more than one year | 17 | €27,502 | €12,101 | -€15,401 | -56.0% |
| Financial debts | 170/4 | €27,502 | €12,101 | -€15,401 | -56.0% |
| Amounts payable within one year | 42/48 | €27,328 | €26,808 | -€520 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €15,776 | €16,645 | +€870 | +5.5% |
| Trade debts | 44 | €825 | €605 | -€220 | -26.7% |
| Suppliers | 440/4 | €825 | €605 | -€220 | -26.7% |
| Other amounts payable | 47/48 | €10,727 | €9,557 | -€1,170 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,481 | €7,481 | = | 0.0% |
| Other operating charges | 640/8 | €813 | €785 | -€28 | -3.4% |
| Gross operating margin | 9900 | €10,187 | €18,903 | +€8,716 | +85.6% |
| Operating profit (loss) | 9901 | €1,893 | €10,637 | +€8,744 | +462% |
| Financial charges | 65/66B | €2,578 | €2,199 | -€380 | -14.7% |
| Recurring financial charges | 65 | €2,578 | €2,199 | -€380 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€686 | €8,438 | +€9,124 | |
| Profit (loss) for the period | 9904 | -€686 | €8,438 | +€9,124 | |
| Profit (loss) for the period to be appropriated | 9905 | -€686 | €8,438 | +€9,124 |
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 28 October 2026 via checked.be.