SHANI ENTERPRISES: 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.
SHANI ENTERPRISES
Largest movements
- Cash -€10,404
down €10,404 (-51.4%), from €20,244 to €9,840
mainly Other debts (-€12,684) and Stocks and contracts (-€7,976)
- Stocks and contracts +€7,976
up €7,976 (+20.4%), from €39,092 to €47,068
- Deferred charges and accrued income +€4,200
new in 2025: €4,200
- Receivables within one year +€1,173
up €1,173 (+156%), from €753 to €1,926
- Tangible fixed assets -€730
down €730 (-40.1%), from €1,820 to €1,090
- Trade debts +€13,261
up €13,261 (+39.1%), from €33,937 to €47,197
- Other debts -€12,684
down €12,684 (-94.4%), from €13,440 to €756
- Tax, wage and social debts +€1,426
up €1,426 (+1,928%), from €74 to €1,500
of which Remuneration and social security: +€1,500
- Gross operating margin +€15,671
up €15,671, from -€4,200 to €11,471
- Other operating charges -€1,056
down €1,056 (-11.3%), from €9,310 to €8,255
- Financial charges -€903
down €903 (-28.4%), from €3,178 to €2,275
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 | €68,609 | €70,824 | +€2,215 | +3.2% |
| Fixed assets | 21/28 | €8,520 | €7,790 | -€730 | -8.6% |
| Tangible fixed assets | 22/27 | €1,820 | €1,090 | -€730 | -40.1% |
| Other tangible fixed assets | 26 | €1,820 | €1,090 | -€730 | -40.1% |
| Financial fixed assets | 28 | €6,700 | €6,700 | = | 0.0% |
| Current assets | 29/58 | €60,089 | €63,034 | +€2,945 | +4.9% |
| Stocks and contracts in progress | 3 | €39,092 | €47,068 | +€7,976 | +20.4% |
| Stocks | 30/36 | €39,092 | €47,068 | +€7,976 | +20.4% |
| Amounts receivable within one year | 40/41 | €753 | €1,926 | +€1,173 | +156% |
| Other amounts receivable | 41 | €753 | €1,926 | +€1,173 | +156% |
| Cash at bank and in hand | 54/58 | €20,244 | €9,840 | -€10,404 | -51.4% |
| Deferred charges and accrued income | 490/1 | - | €4,200 | +€4,200 | |
| Total equity and liabilities | 10/49 | €68,609 | €70,824 | +€2,215 | +3.2% |
| Equity | 10/15 | €21,159 | €21,371 | +€212 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58,748 | €58,748 | = | 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 | €56,888 | €56,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,189 | -€55,977 | +€212 | +0.4% |
| Amounts payable | 17/49 | €47,450 | €49,453 | +€2,003 | +4.2% |
| Amounts payable within one year | 42/48 | €47,450 | €49,453 | +€2,003 | +4.2% |
| Trade debts | 44 | €33,937 | €47,197 | +€13,261 | +39.1% |
| Suppliers | 440/4 | €33,937 | €47,197 | +€13,261 | +39.1% |
| Taxes, remuneration and social security | 45 | €74 | €1,500 | +€1,426 | +1,928% |
| Taxes | 450/3 | €74 | - | -€74 | |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €13,440 | €756 | -€12,684 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €740 | €730 | -€10 | -1.3% |
| Other operating charges | 640/8 | €9,310 | €8,255 | -€1,056 | -11.3% |
| Gross operating margin | 9900 | -€4,200 | €11,471 | +€15,671 | |
| Operating profit (loss) | 9901 | -€14,250 | €2,487 | +€16,737 | |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €3,178 | €2,275 | -€903 | -28.4% |
| Recurring financial charges | 65 | €3,178 | €2,275 | -€903 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€17,393 | €212 | +€17,605 | |
| Profit (loss) for the period | 9904 | -€17,393 | €212 | +€17,605 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,393 | €212 | +€17,605 |
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 30 October 2026 via checked.be.