SHAIMA: 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.
SHAIMA
Largest movements
- Cash -€220
down €220 (-11.0%), from €2,007 to €1,787
mainly Other debts (-€2,629) and Tax, wage and social debts (-€1,512)
- Other debts -€2,629
no longer reported in 2025 (was €2,629)
- Profit (loss) carried forward +€2,434
up €2,434 (+15.4%), from -€15,834 to -€13,400
- Tax, wage and social debts -€1,512
no longer reported in 2025 (was €1,512)
- Trade debts +€1,487
new in 2025: €1,487
- Gross operating margin +€1,373
up €1,373 (+129.4%), from €1,061 to €2,434
- Other operating charges -€63
no longer reported in 2025 (was €63)
- Financial charges -€53
no longer reported in 2025 (was €53)
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 | €2,907 | €2,687 | -€220 | -7.6% |
| Fixed assets | 21/28 | €900 | €900 | = | 0.0% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €2,007 | €1,787 | -€220 | -11.0% |
| Cash at bank and in hand | 54/58 | €2,007 | €1,787 | -€220 | -11.0% |
| Total equity and liabilities | 10/49 | €2,907 | €2,687 | -€220 | -7.6% |
| Equity | 10/15 | -€1,234 | €1,200 | +€2,434 | |
| Contributions | 10/11 | €14,600 | €14,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,834 | -€13,400 | +€2,434 | +15.4% |
| Amounts payable | 17/49 | €4,141 | €1,487 | -€2,653 | -64.1% |
| Amounts payable within one year | 42/48 | €4,141 | €1,487 | -€2,653 | -64.1% |
| Trade debts | 44 | - | €1,487 | +€1,487 | |
| Bills of exchange payable | 441 | - | €1,487 | +€1,487 | |
| Taxes, remuneration and social security | 45 | €1,512 | - | -€1,512 | |
| Taxes | 450/3 | €1,512 | - | -€1,512 | |
| Other amounts payable | 47/48 | €2,629 | - | -€2,629 | |
| Other operating charges | 640/8 | €63 | - | -€63 | |
| Gross operating margin | 9900 | €1,061 | €2,434 | +€1,373 | +129.4% |
| Operating profit (loss) | 9901 | €998 | €2,434 | +€1,436 | +143.9% |
| Financial charges | 65/66B | €53 | - | -€53 | |
| Recurring financial charges | 65 | €53 | - | -€53 | |
| Profit (loss) for the period before taxes | 9903 | €945 | €2,434 | +€1,488 | +157.4% |
| Profit (loss) for the period | 9904 | €945 | €2,434 | +€1,488 | +157.4% |
| Profit (loss) for the period to be appropriated | 9905 | €945 | €2,434 | +€1,488 | +157.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.