SHAMANKA: 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.
SHAMANKA
Largest movements
- Tangible fixed assets +€28,214
up €28,214 (+4567.8%), from €618 to €28,832
of which Furniture and vehicles: +€27,211
- Cash +€3,524
up €3,524 (+28.3%), from €12,445 to €15,968
mainly Other debts (+€34,247) and Net result for the year (+€14,149)
- Receivables within one year -€2,966
no longer reported in 2025 (was €2,966)
- Stocks and contracts -€1,500
down €1,500 (-50.0%), from €3,000 to €1,500
- Other debts +€34,247
up €34,247 (+54.2%), from €63,165 to €97,412
- Trade debts -€28,364
down €28,364 (-94.8%), from €29,912 to €1,548
- Profit (loss) carried forward +€14,149
up €14,149 (+14.0%), from -€101,394 to -€87,245
- Tax, wage and social debts +€7,241
up €7,241 (+228.1%), from €3,174 to €10,415
- Gross operating margin +€30,500
up €30,500, from -€507 to €29,992
- Financial charges -€6,021
down €6,021 (-99.0%), from €6,079 to €58
of which Non-recurring financial charges: -€6,000
- Depreciation +€5,650
up €5,650 (+2221.0%), from €254 to €5,905
- Taxes +€5,324
new in 2025: €5,324
- Other operating charges +€2,183
up €2,183 (+110.5%), from €1,975 to €4,157
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 | €19,028 | €46,301 | +€27,272 | +143.3% |
| Fixed assets | 21/28 | €618 | €28,832 | +€28,214 | +4567.8% |
| Tangible fixed assets | 22/27 | €618 | €28,832 | +€28,214 | +4567.8% |
| Plant, machinery and equipment | 23 | €327 | €1,330 | +€1,003 | +306.7% |
| Furniture and vehicles | 24 | €291 | €27,502 | +€27,211 | +9363.5% |
| Current assets | 29/58 | €18,411 | €17,468 | -€942 | -5.1% |
| Stocks and contracts in progress | 3 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Stocks | 30/36 | €3,000 | €1,500 | -€1,500 | -50.0% |
| Amounts receivable within one year | 40/41 | €2,966 | - | -€2,966 | |
| Trade receivables | 40 | €2,966 | - | -€2,966 | |
| Cash at bank and in hand | 54/58 | €12,445 | €15,968 | +€3,524 | +28.3% |
| Total equity and liabilities | 10/49 | €19,028 | €46,301 | +€27,272 | +143.3% |
| Equity | 10/15 | -€77,223 | -€63,075 | +€14,149 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,570 | €5,570 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,710 | €3,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,394 | -€87,245 | +€14,149 | +14.0% |
| Amounts payable | 17/49 | €96,252 | €109,375 | +€13,124 | +13.6% |
| Amounts payable within one year | 42/48 | €96,252 | €109,375 | +€13,124 | +13.6% |
| Trade debts | 44 | €29,912 | €1,548 | -€28,364 | -94.8% |
| Suppliers | 440/4 | €29,912 | €1,548 | -€28,364 | -94.8% |
| Taxes, remuneration and social security | 45 | €3,174 | €10,415 | +€7,241 | +228.1% |
| Taxes | 450/3 | €3,174 | €10,415 | +€7,241 | +228.1% |
| Other amounts payable | 47/48 | €63,165 | €97,412 | +€34,247 | +54.2% |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €5,905 | +€5,650 | +2221.0% |
| Other operating charges | 640/8 | €1,975 | €4,157 | +€2,183 | +110.5% |
| Gross operating margin | 9900 | -€507 | €29,992 | +€30,500 | |
| Operating profit (loss) | 9901 | -€2,737 | €19,530 | +€22,267 | |
| Financial charges | 65/66B | €6,079 | €58 | -€6,021 | -99.0% |
| Recurring financial charges | 65 | €79 | €58 | -€21 | -26.3% |
| Non-recurring financial charges | 66B | €6,000 | - | -€6,000 | |
| Profit (loss) for the period before taxes | 9903 | -€8,816 | €19,472 | +€28,288 | |
| Income taxes | 67/77 | - | €5,324 | +€5,324 | |
| Profit (loss) for the period | 9904 | -€8,816 | €14,149 | +€22,964 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,816 | €14,149 | +€22,964 |
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 8 October 2026 via checked.be.