SHANI TARAR: 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 TARAR
Largest movements
- Receivables within one year +€38,644
up €38,644 (+507%), from €7,629 to €46,273
of which Trade receivables: +€29,344
- Cash -€7,235
down €7,235 (-69.1%), from €10,464 to €3,229
mainly Receivables within one year (-€38,644) and Investment in fixed assets (net) (-€3,265)
- Stocks and contracts -€1,181
down €1,181 (-2.2%), from €53,874 to €52,693
- Tax, wage and social debts +€10,077
up €10,077 (+65.5%), from €15,389 to €25,466
of which Taxes: +€5,756
- Trade debts +€9,108
up €9,108 (+36.3%), from €25,080 to €34,189
- Contributions +€6,600
up €6,600 (+103%), from €6,400 to €13,000
- Short-term financial debts +€2,258
up €2,258 (+82.5%), from €2,737 to €4,995
- Profit (loss) carried forward +€1,919
up €1,919 (+6.6%), from €29,282 to €31,201
- Purchases and services +€9,327
up €9,327 (+1.1%), from €824,088 to €833,415
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 | €78,888 | €109,450 | +€30,562 | +38.7% |
| Fixed assets | 21/28 | €6,531 | €7,254 | +€723 | +11.1% |
| Tangible fixed assets | 22/27 | €6,531 | €7,254 | +€723 | +11.1% |
| Furniture and vehicles | 24 | €6,531 | €7,254 | +€723 | +11.1% |
| Current assets | 29/58 | €72,357 | €102,196 | +€29,839 | +41.2% |
| Stocks and contracts in progress | 3 | €53,874 | €52,693 | -€1,181 | -2.2% |
| Stocks | 30/36 | €53,874 | €52,693 | -€1,181 | -2.2% |
| Amounts receivable within one year | 40/41 | €7,629 | €46,273 | +€38,644 | +507% |
| Trade receivables | 40 | €6,949 | €36,294 | +€29,344 | +422% |
| Other amounts receivable | 41 | €680 | €9,980 | +€9,300 | +1,368% |
| Cash at bank and in hand | 54/58 | €10,464 | €3,229 | -€7,235 | -69.1% |
| Deferred charges and accrued income | 490/1 | €389 | - | -€389 | |
| Total equity and liabilities | 10/49 | €78,888 | €109,450 | +€30,562 | +38.7% |
| Equity | 10/15 | €35,682 | €44,201 | +€8,519 | +23.9% |
| Contributions | 10/11 | €6,400 | €13,000 | +€6,600 | +103% |
| Profit (loss) carried forward | 14 | €29,282 | €31,201 | +€1,919 | +6.6% |
| Amounts payable | 17/49 | €43,206 | €65,249 | +€22,043 | +51.0% |
| Amounts payable within one year | 42/48 | €43,206 | €65,249 | +€22,043 | +51.0% |
| Financial debts | 43 | €2,737 | €4,995 | +€2,258 | +82.5% |
| Credit institutions | 430/8 | €2,737 | €4,995 | +€2,258 | +82.5% |
| Trade debts | 44 | €25,080 | €34,189 | +€9,108 | +36.3% |
| Suppliers | 440/4 | €25,080 | €34,189 | +€9,108 | +36.3% |
| Taxes, remuneration and social security | 45 | €15,389 | €25,466 | +€10,077 | +65.5% |
| Taxes | 450/3 | €10,446 | €16,202 | +€5,756 | +55.1% |
| Remuneration and social security | 454/9 | €4,943 | €9,264 | +€4,321 | +87.4% |
| Other amounts payable | 47/48 | - | €600 | +€600 | |
| Turnover | 70 | €882,323 | €885,233 | +€2,910 | +0.3% |
| Non-recurring operating income | 76A | €1,532 | - | -€1,532 | |
| Goods, raw materials, services and sundry goods | 60/61 | €824,088 | €833,415 | +€9,327 | +1.1% |
| Remuneration, social security and pensions | 62 | €49,172 | €49,918 | +€746 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,852 | €2,542 | -€311 | -10.9% |
| Other operating charges | 640/8 | €4,180 | €7,965 | +€3,786 | +90.6% |
| Gross operating margin | 9900 | €64,315 | €66,364 | +€2,049 | +3.2% |
| Operating profit (loss) | 9901 | €8,111 | €5,938 | -€2,172 | -26.8% |
| Financial income | 75/76B | - | €507 | +€507 | |
| Recurring financial income | 75 | - | €507 | +€507 | |
| Financial charges | 65/66B | €1,867 | €2,213 | +€346 | +18.5% |
| Recurring financial charges | 65 | €1,867 | €2,213 | +€346 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €6,244 | €4,233 | -€2,010 | -32.2% |
| Income taxes | 67/77 | €2,446 | €2,314 | -€132 | -5.4% |
| Profit (loss) for the period | 9904 | €3,798 | €1,919 | -€1,879 | -49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,798 | €1,919 | -€1,879 | -49.5% |
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 23 October 2026 via checked.be.