SHALA CONSULTING: 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.
SHALA CONSULTING
Largest movements
- Tangible fixed assets -€16,238
down €16,238 (-42.7%), from €38,022 to €21,784
of which Furniture and vehicles: -€15,607
- Debts after one year -€14,994
down €14,994 (-79.8%), from €18,790 to €3,796
- Tax, wage and social debts -€10,182
down €10,182 (-50.2%), from €20,297 to €10,115
of which Taxes: -€9,546
- Profit (loss) carried forward +€7,171
up €7,171 (+39.1%), from €18,320 to €25,491
- Gross operating margin -€11,363
down €11,363 (-15.5%), from €73,485 to €62,122
- Taxes -€2,316
down €2,316 (-29.6%), from €7,812 to €5,496
- Staff costs +€1,064
up €1,064 (+3.9%), from €27,409 to €28,473
- Depreciation +€962
up €962 (+5.3%), from €18,153 to €19,116
- Other operating charges +€931
up €931 (+300%), from €310 to €1,241
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €149,585 | €131,704 | -€17,881 | -12.0% |
| Fixed assets | 21/28 | €38,022 | €21,784 | -€16,238 | -42.7% |
| Tangible fixed assets | 22/27 | €38,022 | €21,784 | -€16,238 | -42.7% |
| Plant, machinery and equipment | 23 | €3,084 | €2,454 | -€630 | -20.4% |
| Furniture and vehicles | 24 | €34,938 | €19,330 | -€15,607 | -44.7% |
| Current assets | 29/58 | €111,563 | €109,920 | -€1,643 | -1.5% |
| Amounts receivable within one year | 40/41 | €17,303 | €16,331 | -€972 | -5.6% |
| Trade receivables | 40 | €17,303 | €0 | -€17,303 | -100% |
| Other amounts receivable | 41 | - | €16,331 | +€16,331 | |
| Current investments | 50/53 | €50,713 | €50,713 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €41,533 | €40,862 | -€670 | -1.6% |
| Deferred charges and accrued income | 490/1 | €2,014 | €2,014 | = | 0.0% |
| Total equity and liabilities | 10/49 | €149,585 | €131,704 | -€17,881 | -12.0% |
| Equity | 10/15 | €94,350 | €101,520 | +€7,171 | +7.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €74,030 | €74,030 | = | 0.0% |
| Distributable reserves | 133 | €74,030 | €74,030 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,320 | €25,491 | +€7,171 | +39.1% |
| Amounts payable | 17/49 | €55,235 | €30,184 | -€25,051 | -45.4% |
| Amounts payable after more than one year | 17 | €18,790 | €3,796 | -€14,994 | -79.8% |
| Financial debts | 170/4 | €18,790 | €3,796 | -€14,994 | -79.8% |
| Amounts payable within one year | 42/48 | €36,445 | €26,388 | -€10,058 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €14,767 | €14,994 | +€227 | +1.5% |
| Trade debts | 44 | €519 | €1,279 | +€760 | +147% |
| Suppliers | 440/4 | €519 | €1,279 | +€760 | +147% |
| Taxes, remuneration and social security | 45 | €20,297 | €10,115 | -€10,182 | -50.2% |
| Taxes | 450/3 | €15,624 | €6,078 | -€9,546 | -61.1% |
| Remuneration and social security | 454/9 | €4,673 | €4,037 | -€635 | -13.6% |
| Other amounts payable | 47/48 | €863 | €0 | -€863 | -100% |
| Remuneration, social security and pensions | 62 | €27,409 | €28,473 | +€1,064 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,153 | €19,116 | +€962 | +5.3% |
| Other operating charges | 640/8 | €310 | €1,241 | +€931 | +300% |
| Gross operating margin | 9900 | €73,485 | €62,122 | -€11,363 | -15.5% |
| Operating profit (loss) | 9901 | €27,613 | €13,293 | -€14,320 | -51.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,048 | €632 | -€417 | -39.8% |
| Recurring financial charges | 65 | €1,048 | €632 | -€417 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €26,564 | €12,666 | -€13,898 | -52.3% |
| Income taxes | 67/77 | €7,812 | €5,496 | -€2,316 | -29.6% |
| Profit (loss) for the period | 9904 | €18,753 | €7,171 | -€11,582 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,753 | €7,171 | -€11,582 | -61.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.