SHAKA-CONSULT: 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.
SHAKA-CONSULT
Largest movements
- Cash +€45,315
up €45,315 (+194.4%), from €23,315 to €68,630
mainly Net result for the year (+€43,559) and Other debts (+€42,015)
- Tangible fixed assets -€9,731
down €9,731 (-63.5%), from €15,320 to €5,589
of which Furniture and vehicles: -€10,438
- Receivables within one year +€4,986
up €4,986 (+51.5%), from €9,690 to €14,676
- Stocks and contracts -€4,043
down €4,043 (-55.1%), from €7,343 to €3,300
- Other debts +€42,015
up €42,015 (+321.7%), from €13,061 to €55,075
- Current portion of long-term debt -€10,655
no longer reported in 2025 (was €10,655)
- Profit (loss) carried forward -€9,441
down €9,441 (-74.0%), from €12,764 to €3,323
- Tax, wage and social debts +€8,144
up €8,144 (+55.5%), from €14,662 to €22,806
of which Taxes: +€8,126
- Trade debts +€6,469
up €6,469 (+228.3%), from €2,834 to €9,303
- Gross operating margin +€38,018
up €38,018 (+124.5%), from €30,541 to €68,558
- Taxes +€8,067
up €8,067 (+202.0%), from €3,993 to €12,060
- Depreciation -€916
down €916 (-6.9%), from €13,299 to €12,382
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 | €56,975 | €93,507 | +€36,532 | +64.1% |
| Fixed assets | 21/28 | €15,364 | €5,633 | -€9,731 | -63.3% |
| Tangible fixed assets | 22/27 | €15,320 | €5,589 | -€9,731 | -63.5% |
| Plant, machinery and equipment | 23 | €2,921 | €1,820 | -€1,101 | -37.7% |
| Furniture and vehicles | 24 | €11,996 | €1,559 | -€10,438 | -87.0% |
| Other tangible fixed assets | 26 | €404 | €2,211 | +€1,807 | +447.8% |
| Financial fixed assets | 28 | €43 | €43 | = | 0.0% |
| Current assets | 29/58 | €41,611 | €87,874 | +€46,263 | +111.2% |
| Stocks and contracts in progress | 3 | €7,343 | €3,300 | -€4,043 | -55.1% |
| Stocks | 30/36 | €7,343 | €3,300 | -€4,043 | -55.1% |
| Amounts receivable within one year | 40/41 | €9,690 | €14,676 | +€4,986 | +51.5% |
| Trade receivables | 40 | €9,690 | €14,676 | +€4,986 | +51.5% |
| Cash at bank and in hand | 54/58 | €23,315 | €68,630 | +€45,315 | +194.4% |
| Deferred charges and accrued income | 490/1 | €1,264 | €1,268 | +€5 | +0.4% |
| Total equity and liabilities | 10/49 | €56,975 | €93,507 | +€36,532 | +64.1% |
| Equity | 10/15 | €15,764 | €6,323 | -€9,441 | -59.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,764 | €3,323 | -€9,441 | -74.0% |
| Amounts payable | 17/49 | €41,211 | €87,184 | +€45,973 | +111.6% |
| Amounts payable within one year | 42/48 | €41,211 | €87,184 | +€45,973 | +111.6% |
| Current portion of amounts payable after more than one year | 42 | €10,655 | - | -€10,655 | |
| Trade debts | 44 | €2,834 | €9,303 | +€6,469 | +228.3% |
| Suppliers | 440/4 | €2,834 | €9,303 | +€6,469 | +228.3% |
| Taxes, remuneration and social security | 45 | €14,662 | €22,806 | +€8,144 | +55.5% |
| Taxes | 450/3 | €11,468 | €19,593 | +€8,126 | +70.9% |
| Remuneration and social security | 454/9 | €3,194 | €3,212 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €13,061 | €55,075 | +€42,015 | +321.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,299 | €12,382 | -€916 | -6.9% |
| Other operating charges | 640/8 | €501 | €84 | -€417 | -83.2% |
| Gross operating margin | 9900 | €30,541 | €68,558 | +€38,018 | +124.5% |
| Operating profit (loss) | 9901 | €16,741 | €56,092 | +€39,351 | +235.1% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €594 | €508 | -€85 | -14.4% |
| Recurring financial charges | 65 | €594 | €508 | -€85 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €16,147 | €55,619 | +€39,472 | +244.5% |
| Income taxes | 67/77 | €3,993 | €12,060 | +€8,067 | +202.0% |
| Profit (loss) for the period | 9904 | €12,154 | €43,559 | +€31,405 | +258.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,154 | €43,559 | +€31,405 | +258.4% |
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 2 October 2026 via checked.be.