SHAMROCK TECHNOLOGIES: what changed
What changed
SHAMROCK TECHNOLOGIES
NACE 20.590, Manufacture of chemicals and chemical products
filed annual accounts (NBB)
Net result for the year
€2.2m
31-12-2024 · €1.4m+€867,271
Equity
€18.3m
31-12-2024 · €22.6m-€4.3m
Cash
€16.3m
31-12-2024 · €13.1m+€3.2m
Balance sheet total
€28.7m
31-12-2024 · €29.7m-€982,855
Largest movements
Assets
- Cash +€3.2m
up €3.2m (+24.1%), from €13.1m to €16.3m
mainly Other debts (+€6.4m) and Stocks and contracts (+€2.9m)
- Stocks and contracts -€2.9m
down €2.9m (-32.2%), from €9.0m to €6.1m
- Receivables within one year -€998,777
down €998,777 (-30.7%), from €3.3m to €2.3m
of which Trade receivables: -€908,367
Equity and liabilities
- Other debts +€6.4m
up €6.4m (+5,859%), from €108,998 to €6.5m
- Trade debts -€4.6m
down €4.6m (-68.8%), from €6.7m to €2.1m
- Reserves -€4.5m
down €4.5m (-19.9%), from €22.6m to €18.1m
of which Tax-exempt reserves: -€2.5m
- Accrued charges and deferred income +€1.2m
up €1.2m (+140,024%), from €848 to €1.2m
- Tax, wage and social debts +€301,727
up €301,727 (+93.6%), from €322,468 to €624,195
of which Taxes: +€276,231
Income statement
- Goods and materials -€5.7m
down €5.7m (-37.3%), from €15.4m to €9.7m
of which Purchases: -€5.8m
- Services and other goods +€1.5m
up €1.5m (+63.4%), from €2.4m to €3.9m
- Taxes +€272,536
up €272,536 (+58.3%), from €467,464 to €740,000
of which Taxes: +€272,000
- Staff costs +€251,710
up €251,710 (+11.0%), from €2.3m to €2.5m
Change in the result, 31-12-2024 to 31-12-2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 31-12-2024
€1.4m
Turnover
+€108,725
Other operating income
-€28,762
Goods and materials
+€5.7m
Services and other goods
-€1.5m
Staff costs
-€251,710
Depreciation
-€44,285
Other operating charges
-€4,414
Other operating items
-€3.2m
Financial income
+€207,418
Financial charges
+€117,152
Taxes
-€272,536
Result 31-12-2025
€2.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€9.9m
Investment
-€209,736
Financing
-€6.5m
Cash 31-12-2024
€13.1m
From operations (derived)
+€9.9m
Net result for the year
+€2.2m
Depreciation
+€438,095
Stocks and contracts
+€2.9m
Receivables within one year
+€998,777
Deferred charges and accrued income
+€8,544
Trade debts
-€4.6m
Tax, wage and social debts
+€301,727
Other debts
+€6.4m
Accrued charges and deferred income
+€1.2m
Investment (derived)
-€209,736
Investment in fixed assets (net)
-€209,736
Financing
-€6.5m
Contributions, distributions and other
-€6.5m
Cash 31-12-2025
€16.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,684,351 | €28,701,496 | -€982,855 | -3.3% |
| Fixed assets | 21/28 | €4,244,301 | €4,015,942 | -€228,359 | -5.4% |
| Tangible fixed assets | 22/27 | €4,240,047 | €4,015,821 | -€224,226 | -5.3% |
| Land and buildings | 22 | €3,049,535 | €2,832,224 | -€217,311 | -7.1% |
| Plant, machinery and equipment | 23 | €1,141,031 | €1,127,264 | -€13,767 | -1.2% |
| Furniture and vehicles | 24 | €49,349 | €56,200 | +€6,851 | +13.9% |
| Assets under construction and advance payments | 27 | €132 | €132 | = | 0.0% |
| Financial fixed assets | 28 | €4,255 | €122 | -€4,133 | -97.1% |
| Other financial fixed assets | 284/8 | €4,255 | €122 | -€4,133 | -97.1% |
| Amounts receivable and cash guarantees | 285/8 | €4,255 | €122 | -€4,133 | -97.1% |
| Current assets | 29/58 | €25,440,050 | €24,685,554 | -€754,496 | -3.0% |
| Stocks and contracts in progress | 3 | €9,031,039 | €6,122,382 | -€2.9m | -32.2% |
| Stocks | 30/36 | €9,031,039 | €6,122,382 | -€2.9m | -32.2% |
| Raw materials and consumables | 30/31 | €3,091,268 | €2,191,195 | -€900,073 | -29.1% |
| Work in progress | 32 | €3,165,758 | €1,147,263 | -€2.0m | -63.8% |
| Goods purchased for resale | 34 | €2,774,013 | €2,783,924 | +€9,911 | +0.4% |
| Amounts receivable within one year | 40/41 | €3,253,630 | €2,254,853 | -€998,777 | -30.7% |
| Trade receivables | 40 | €2,989,116 | €2,080,749 | -€908,367 | -30.4% |
| Other amounts receivable | 41 | €264,514 | €174,104 | -€90,410 | -34.2% |
| Cash at bank and in hand | 54/58 | €13,097,433 | €16,258,914 | +€3.2m | +24.1% |
| Deferred charges and accrued income | 490/1 | €57,949 | €49,405 | -€8,544 | -14.7% |
| Total equity and liabilities | 10/49 | €29,684,351 | €28,701,496 | -€982,855 | -3.3% |
| Equity | 10/15 | €22,573,998 | €18,308,134 | -€4.3m | -18.9% |
| Contributions | 10/11 | - | €228,840 | +€228,840 | |
| Reserves | 13 | €22,553,998 | €18,059,294 | -€4.5m | -19.9% |
| Tax-exempt reserves | 132 | €2,629,145 | €155,770 | -€2.5m | -94.1% |
| Distributable reserves | 133 | €19,924,853 | €17,903,524 | -€2.0m | -10.1% |
| Investment grants | 15 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €7,110,354 | €10,393,362 | +€3.3m | +46.2% |
| Amounts payable within one year | 42/48 | €7,109,505 | €9,204,848 | +€2.1m | +29.5% |
| Trade debts | 44 | €6,678,039 | €2,085,933 | -€4.6m | -68.8% |
| Suppliers | 440/4 | €6,678,039 | €2,085,933 | -€4.6m | -68.8% |
| Taxes, remuneration and social security | 45 | €322,468 | €624,195 | +€301,727 | +93.6% |
| Taxes | 450/3 | €84,571 | €360,801 | +€276,231 | +327% |
| Remuneration and social security | 454/9 | €237,897 | €263,393 | +€25,496 | +10.7% |
| Other amounts payable | 47/48 | €108,998 | €6,494,720 | +€6.4m | +5,859% |
| Accrued charges and deferred income | 492/3 | €848 | €1,188,514 | +€1.2m | +140,024% |
| Operating income | 70/76A | €22,435,647 | €19,325,573 | -€3.1m | -13.9% |
| Turnover | 70 | €21,174,216 | €21,282,941 | +€108,725 | +0.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,180,074 | -€2,009,963 | -€3.2m | |
| Other operating income | 74 | €81,357 | €52,595 | -€28,762 | -35.4% |
| Operating charges | 60/66A | €20,515,959 | €16,590,647 | -€3.9m | -19.1% |
| Goods for resale, raw materials and consumables | 60 | €15,400,320 | €9,655,173 | -€5.7m | -37.3% |
| Purchases | 600/8 | €14,589,107 | €8,756,479 | -€5.8m | -40.0% |
| Change in stocks: decrease (increase) | 609 | €811,214 | €898,694 | +€87,480 | +10.8% |
| Services and other goods | 61 | €2,396,695 | €3,916,121 | +€1.5m | +63.4% |
| Remuneration, social security and pensions | 62 | €2,290,555 | €2,542,265 | +€251,710 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393,810 | €438,095 | +€44,285 | +11.2% |
| Other operating charges | 640/8 | €34,578 | €38,992 | +€4,414 | +12.8% |
| Operating profit (loss) | 9901 | €1,919,688 | €2,734,927 | +€815,238 | +42.5% |
| Financial income | 75/76B | €266,064 | €473,481 | +€207,418 | +78.0% |
| Recurring financial income | 75 | €266,064 | €473,481 | +€207,418 | +78.0% |
| Income from current assets | 751 | €22,854 | €0 | -€22,854 | -100% |
| Other financial income | 752/9 | €243,210 | €473,481 | +€230,272 | +94.7% |
| Financial charges | 65/66B | €357,190 | €240,038 | -€117,152 | -32.8% |
| Recurring financial charges | 65 | €357,190 | €240,038 | -€117,152 | -32.8% |
| Debt charges | 650 | €6,584 | €6,780 | +€196 | +3.0% |
| Other financial charges | 652/9 | €350,606 | €233,259 | -€117,348 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €1,828,562 | €2,968,370 | +€1.1m | +62.3% |
| Income taxes | 67/77 | €467,464 | €740,000 | +€272,536 | +58.3% |
| Taxes | 670/3 | €468,000 | €740,000 | +€272,000 | +58.1% |
| Tax adjustments and reversals of tax provisions | 77 | €536 | €0 | -€536 | -100% |
| Profit (loss) for the period | 9904 | €1,361,098 | €2,228,370 | +€867,271 | +63.7% |
| Transfer from tax-exempt reserves | 789 | €235,760 | €2,473,375 | +€2.2m | +949% |
| Profit (loss) for the period to be appropriated | 9905 | €1,596,858 | €4,701,745 | +€3.1m | +194% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.