SHANKE: 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.
SHANKE
Largest movements
- Receivables within one year -€11,700
down €11,700 (-19.7%), from €59,400 to €47,700
- Cash -€10,099
down €10,099 (-93.0%), from €10,865 to €766
mainly Net result for the year (-€21,338) and Deferred charges and accrued income (-€7,649)
- Deferred charges and accrued income +€7,649
up €7,649, from €0 to €7,649
- Tangible fixed assets -€2,676
down €2,676 (-75.1%), from €3,561 to €885
of which Furniture and vehicles: -€2,507
- Profit (loss) carried forward -€21,338
down €21,338, from €0 to -€21,338
- Trade debts +€5,134
up €5,134 (+1824.8%), from €281 to €5,415
- Gross operating margin -€33,078
down €33,078, from €11,641 to -€21,438
- Taxes -€3,768
down €3,768 (-100.0%), from €3,768 to €0
- Depreciation -€307
down €307 (-10.3%), from €2,983 to €2,676
- Other operating charges -€256
down €256 (-45.1%), from €568 to €312
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.
Cash bridge derived
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 | €76,601 | €59,775 | -€16,826 | -22.0% |
| Fixed assets | 21/28 | €6,337 | €3,661 | -€2,676 | -42.2% |
| Tangible fixed assets | 22/27 | €3,561 | €885 | -€2,676 | -75.1% |
| Plant, machinery and equipment | 23 | €306 | €138 | -€169 | -55.1% |
| Furniture and vehicles | 24 | €3,255 | €748 | -€2,507 | -77.0% |
| Financial fixed assets | 28 | €2,776 | €2,776 | = | 0.0% |
| Current assets | 29/58 | €70,264 | €56,114 | -€14,150 | -20.1% |
| Amounts receivable within one year | 40/41 | €59,400 | €47,700 | -€11,700 | -19.7% |
| Other amounts receivable | 41 | €59,400 | €47,700 | -€11,700 | -19.7% |
| Cash at bank and in hand | 54/58 | €10,865 | €766 | -€10,099 | -93.0% |
| Deferred charges and accrued income | 490/1 | €0 | €7,649 | +€7,649 | |
| Total equity and liabilities | 10/49 | €76,601 | €59,775 | -€16,826 | -22.0% |
| Equity | 10/15 | €70,429 | €49,092 | -€21,338 | -30.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,829 | €51,829 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,419 | €1,419 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,419 | €1,419 | = | 0.0% |
| Distributable reserves | 133 | €50,411 | €50,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€21,338 | -€21,338 | |
| Amounts payable | 17/49 | €6,172 | €10,683 | +€4,511 | +73.1% |
| Amounts payable within one year | 42/48 | €4,672 | €9,183 | +€4,511 | +96.6% |
| Trade debts | 44 | €281 | €5,415 | +€5,134 | +1824.8% |
| Suppliers | 440/4 | €281 | €5,415 | +€5,134 | +1824.8% |
| Taxes, remuneration and social security | 45 | €4,391 | €3,768 | -€623 | -14.2% |
| Taxes | 450/3 | €4,391 | €3,768 | -€623 | -14.2% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,983 | €2,676 | -€307 | -10.3% |
| Other operating charges | 640/8 | €568 | €312 | -€256 | -45.1% |
| Gross operating margin | 9900 | €11,641 | -€21,438 | -€33,078 | |
| Operating profit (loss) | 9901 | €8,090 | -€24,425 | -€32,516 | |
| Financial income | 75/76B | €3,321 | €3,173 | -€148 | -4.5% |
| Recurring financial income | 75 | €3,321 | €3,173 | -€148 | -4.5% |
| Financial charges | 65/66B | €67 | €86 | +€18 | +27.1% |
| Recurring financial charges | 65 | €67 | €86 | +€18 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €11,344 | -€21,338 | -€32,682 | |
| Income taxes | 67/77 | €3,768 | €0 | -€3,768 | -100.0% |
| Profit (loss) for the period | 9904 | €7,576 | -€21,338 | -€28,914 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,576 | -€21,338 | -€28,914 |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.