Shanga: 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.
Shanga
Largest movements
- Cash +€244,955
up €244,955 (+1,913%), from €12,805 to €257,760
mainly Debts after one year (+€204,805) and Other debts (+€141,664)
- Tangible fixed assets +€88,372
new in 2025: €88,372
of which Land and buildings: +€74,520
- Receivables within one year +€71,885
up €71,885 (+42,285%), from €170 to €72,055
of which Trade receivables: +€71,178
- Debts after one year +€204,805
new in 2025: €204,805
- Other debts +€141,664
new in 2025: €141,664
- Trade debts +€72,511
up €72,511 (+90,638,363%), from €0 to €72,511
- Profit (loss) carried forward -€13,288
down €13,288, from €7,996 to -€5,292
- Gross operating margin -€20,971
down €20,971, from €11,419 to -€9,552
- Financial charges +€2,391
up €2,391 (+239,133%), from €1 to €2,392
- Taxes -€1,999
down €1,999 (-100%), from €1,999 to €0
- Depreciation +€974
new in 2025: €974
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.
Derived cash bridge
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 | €12,975 | €418,186 | +€405,212 | +3,123% |
| Fixed assets | 21/28 | - | €88,372 | +€88,372 | |
| Tangible fixed assets | 22/27 | - | €88,372 | +€88,372 | |
| Land and buildings | 22 | - | €74,520 | +€74,520 | |
| Furniture and vehicles | 24 | - | €800 | +€800 | |
| Other tangible fixed assets | 26 | - | €13,052 | +€13,052 | |
| Current assets | 29/58 | €12,975 | €329,815 | +€316,840 | +2,442% |
| Amounts receivable within one year | 40/41 | €170 | €72,055 | +€71,885 | +42,285% |
| Trade receivables | 40 | €170 | €71,348 | +€71,178 | +41,869% |
| Other amounts receivable | 41 | - | €707 | +€707 | |
| Cash at bank and in hand | 54/58 | €12,805 | €257,760 | +€244,955 | +1,913% |
| Total equity and liabilities | 10/49 | €12,975 | €418,186 | +€405,212 | +3,123% |
| Equity | 10/15 | €10,496 | -€2,792 | -€13,288 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,996 | -€5,292 | -€13,288 | |
| Amounts payable | 17/49 | €2,479 | €420,979 | +€418,500 | +16,882% |
| Amounts payable after more than one year | 17 | - | €204,805 | +€204,805 | |
| Financial debts | 170/4 | - | €204,805 | +€204,805 | |
| Amounts payable within one year | 42/48 | €2,479 | €216,174 | +€213,695 | +8,620% |
| Trade debts | 44 | €0 | €72,511 | +€72,511 | +90,638,363% |
| Suppliers | 440/4 | €0 | €72,511 | +€72,511 | +90,638,363% |
| Advances received on contracts in progress | 46 | €480 | €0 | -€480 | -100% |
| Taxes, remuneration and social security | 45 | €1,999 | €1,999 | = | 0.0% |
| Taxes | 450/3 | €1,999 | €1,999 | = | 0.0% |
| Other amounts payable | 47/48 | - | €141,664 | +€141,664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €974 | +€974 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €11,419 | -€9,552 | -€20,971 | |
| Operating profit (loss) | 9901 | €11,031 | -€10,926 | -€21,957 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €1 | €2,392 | +€2,391 | +239,133% |
| Recurring financial charges | 65 | €1 | €2,392 | +€2,391 | +239,133% |
| Profit (loss) for the period before taxes | 9903 | €11,030 | -€13,288 | -€24,318 | |
| Income taxes | 67/77 | €1,999 | €0 | -€1,999 | -100% |
| Profit (loss) for the period | 9904 | €9,031 | -€13,288 | -€22,319 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,031 | -€13,288 | -€22,319 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.