SHAMMAN: 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.
What changed
SHAMMAN
NACE 56.111, Full-service restaurants
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€197,595
2023 · €200,714-€3,119
Equity
€2.3m
2023 · €2.1m+€197,595
Cash
€63,891
2023 · €103,804-€39,913
Balance sheet total
€3.4m
2023 · €3.3m+€62,722
Largest movements
Assets
- Deferred charges and accrued income +€379,906
up €379,906 (+40.3%), from €942,136 to €1.3m
- Stocks and contracts -€165,169
down €165,169 (-15.8%), from €1.0m to €880,725
- Receivables within one year -€62,173
down €62,173 (-92.5%), from €67,247 to €5,074
- Tangible fixed assets -€49,928
down €49,928 (-4.5%), from €1.1m to €1.1m
of which Land and buildings: -€130,522
- Cash -€39,913
down €39,913 (-38.5%), from €103,804 to €63,891
mainly Trade debts (-€430,338) and Deferred charges and accrued income (-€379,906)
Equity and liabilities
- Trade debts -€430,338
down €430,338 (-63.9%), from €673,772 to €243,434
- Tax, wage and social debts +€378,766
up €378,766 (+59652.0%), from €635 to €379,401
- Profit (loss) carried forward +€197,595
up €197,595 (+11.4%), from €1.7m to €1.9m
- Debts after one year -€99,775
down €99,775 (-19.4%), from €513,674 to €413,898
Income statement
- Goods and materials -€13.9m
no longer reported in 2024 (was €13.9m)
- Gross operating margin +€938,944
new in 2024: €938,944
- Turnover -€808,465
down €808,465 (-5.7%), from €14.3m to €13.5m
- Taxes +€441,239
new in 2024: €441,239
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.
Result 2023
€200,714
Turnover
-€808,465
Goods and materials
+€13.9m
Staff costs
-€53,455
Depreciation
+€3,320
Other operating charges
-€1,453
Other operating items
-€12.5m
Financial income
+€100
Financial charges
-€64,273
Taxes
-€441,239
Result 2024
€197,595
Cash bridge derived
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.
From operations
+€50,513
Investment
+€9,349
Financing
-€99,775
Cash 2023
€103,804
From operations (derived)
+€50,513
Net result for the year
+€197,595
Depreciation
+€40,579
Stocks and contracts
+€165,169
Receivables within one year
+€62,173
Deferred charges and accrued income
-€379,906
Trade debts
-€430,338
Tax, wage and social debts
+€378,766
Other debts
+€16,474
Investment (derived)
+€9,349
Investment in fixed assets (net)
+€9,349
Financing
-€99,775
Debts after one year
-€99,775
Cash 2024
€63,891
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,321,128 | €3,383,850 | +€62,722 | +1.9% |
| Fixed assets | 21/28 | €1,162,046 | €1,112,118 | -€49,928 | -4.3% |
| Tangible fixed assets | 22/27 | €1,120,074 | €1,070,145 | -€49,928 | -4.5% |
| Land and buildings | 22 | €824,666 | €694,144 | -€130,522 | -15.8% |
| Plant, machinery and equipment | 23 | €220,093 | €305,486 | +€85,394 | +38.8% |
| Furniture and vehicles | 24 | €75,315 | €70,515 | -€4,800 | -6.4% |
| Financial fixed assets | 28 | €41,973 | €41,973 | = | 0.0% |
| Other financial fixed assets | 284/8 | €41,973 | - | -€41,973 | |
| Amounts receivable and cash guarantees | 285/8 | €41,973 | - | -€41,973 | |
| Current assets | 29/58 | €2,159,082 | €2,271,732 | +€112,650 | +5.2% |
| Stocks and contracts in progress | 3 | €1,045,894 | €880,725 | -€165,169 | -15.8% |
| Stocks | 30/36 | €1,045,894 | €880,725 | -€165,169 | -15.8% |
| Goods purchased for resale | 34 | €1,045,894 | - | -€1.0m | |
| Amounts receivable within one year | 40/41 | €67,247 | €5,074 | -€62,173 | -92.5% |
| Other amounts receivable | 41 | €67,247 | €5,074 | -€62,173 | -92.5% |
| Cash at bank and in hand | 54/58 | €103,804 | €63,891 | -€39,913 | -38.5% |
| Deferred charges and accrued income | 490/1 | €942,136 | €1,322,042 | +€379,906 | +40.3% |
| Total equity and liabilities | 10/49 | €3,321,128 | €3,383,850 | +€62,722 | +1.9% |
| Equity | 10/15 | €2,093,047 | €2,290,643 | +€197,595 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €334,534 | €334,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €72,006 | €72,006 | = | 0.0% |
| Distributable reserves | 133 | €260,668 | €260,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,739,913 | €1,937,508 | +€197,595 | +11.4% |
| Provisions and deferred taxes | 16 | €40,000 | €40,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €40,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €40,000 | €40,000 | = | 0.0% |
| Amounts payable | 17/49 | €1,188,081 | €1,053,207 | -€134,874 | -11.4% |
| Amounts payable after more than one year | 17 | €513,674 | €413,898 | -€99,775 | -19.4% |
| Financial debts | 170/4 | €513,674 | €413,898 | -€99,775 | -19.4% |
| Subordinated loans | 170 | €0 | - | = | |
| Unsubordinated bonds | 171 | €0 | - | = | |
| Leasing and similar obligations | 172 | €377,925 | - | -€377,925 | |
| Credit institutions | 173 | €0 | - | = | |
| Other loans | 174 | €135,749 | - | -€135,749 | |
| Amounts payable within one year | 42/48 | €674,407 | €639,309 | -€35,098 | -5.2% |
| Trade debts | 44 | €673,772 | €243,434 | -€430,338 | -63.9% |
| Suppliers | 440/4 | €673,772 | €243,434 | -€430,338 | -63.9% |
| Taxes, remuneration and social security | 45 | €635 | €379,401 | +€378,766 | +59652.0% |
| Taxes | 450/3 | €635 | €379,401 | +€378,766 | +59652.0% |
| Other amounts payable | 47/48 | - | €16,474 | +€16,474 | |
| Operating income | 70/76A | €14,261,031 | - | -€14.3m | |
| Turnover | 70 | €14,261,031 | €13,452,566 | -€808,465 | -5.7% |
| Operating charges | 60/66A | €13,972,391 | - | -€14.0m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €12,513,622 | +€12.5m | |
| Goods for resale, raw materials and consumables | 60 | €13,874,969 | - | -€13.9m | |
| Purchases | 600/8 | €13,874,969 | - | -€13.9m | |
| Remuneration, social security and pensions | 62 | €40,187 | €93,641 | +€53,455 | +133.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,898 | €40,579 | -€3,320 | -7.6% |
| Other operating charges | 640/8 | €12,337 | €13,790 | +€1,453 | +11.8% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | - | €938,944 | +€938,944 | |
| Operating profit (loss) | 9901 | €288,640 | €790,933 | +€502,293 | +174.0% |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €87,926 | €152,199 | +€64,273 | +73.1% |
| Recurring financial charges | 65 | €47,926 | €119,699 | +€71,773 | +149.8% |
| Debt charges | 650 | €47,926 | - | -€47,926 | |
| Non-recurring financial charges | 66B | €40,000 | €32,500 | -€7,500 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €200,714 | €638,834 | +€438,120 | +218.3% |
| Income taxes | 67/77 | - | €441,239 | +€441,239 | |
| Profit (loss) for the period | 9904 | €200,714 | €197,595 | -€3,119 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €200,714 | €197,595 | -€3,119 | -1.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.