SHAOKE Logistics: 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.
SHAOKE Logistics
Largest movements
- Receivables within one year +€1.6m
up €1.6m (+166.9%), from €965,168 to €2.6m
of which Trade receivables: +€1.4m
- Cash +€899,916
up €899,916 (+5036.9%), from €17,866 to €917,783
mainly Trade debts (+€2.4m) and Tax, wage and social debts (+€99,255)
- Financial fixed assets +€60,000
up €60,000 (+498.3%), from €12,040 to €72,040
- Trade debts +€2.4m
up €2.4m (+256.8%), from €954,030 to €3.4m
- Tax, wage and social debts +€99,255
up €99,255 (+2965.3%), from €3,347 to €102,602
of which Remuneration and social security: +€60,004
- Purchases and services +€6.6m
up €6.6m (+450.1%), from €1.5m to €8.1m
- Turnover -€1.5m
no longer reported in 2025 (was €1.5m)
- Gross operating margin +€334,200
up €334,200 (+1226.6%), from €27,247 to €361,447
- Staff costs +€293,954
up €293,954 (+2156.6%), from €13,630 to €307,584
- Taxes +€20,654
up €20,654 (+992.9%), from €2,080 to €22,734
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 | €995,074 | €3,569,516 | +€2.6m | +258.7% |
| Fixed assets | 21/28 | €12,040 | €74,939 | +€62,899 | +522.4% |
| Tangible fixed assets | 22/27 | - | €2,899 | +€2,899 | |
| Furniture and vehicles | 24 | - | €2,899 | +€2,899 | |
| Financial fixed assets | 28 | €12,040 | €72,040 | +€60,000 | +498.3% |
| Current assets | 29/58 | €983,034 | €3,494,577 | +€2.5m | +255.5% |
| Amounts receivable within one year | 40/41 | €965,168 | €2,575,910 | +€1.6m | +166.9% |
| Trade receivables | 40 | €802,492 | €2,159,204 | +€1.4m | +169.1% |
| Other amounts receivable | 41 | €162,676 | €416,706 | +€254,030 | +156.2% |
| Cash at bank and in hand | 54/58 | €17,866 | €917,783 | +€899,916 | +5036.9% |
| Deferred charges and accrued income | 490/1 | - | €884 | +€884 | |
| Total equity and liabilities | 10/49 | €995,074 | €3,569,516 | +€2.6m | +258.7% |
| Equity | 10/15 | €17,616 | €42,301 | +€24,685 | +140.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,616 | €32,301 | +€24,685 | +324.1% |
| Amounts payable | 17/49 | €977,459 | €3,527,215 | +€2.5m | +260.9% |
| Amounts payable after more than one year | 17 | €20,081 | €20,899 | +€818 | +4.1% |
| Financial debts | 170/4 | €20,081 | €20,899 | +€818 | +4.1% |
| Amounts payable within one year | 42/48 | €957,377 | €3,506,316 | +€2.5m | +266.2% |
| Trade debts | 44 | €954,030 | €3,403,714 | +€2.4m | +256.8% |
| Suppliers | 440/4 | €954,030 | €3,403,714 | +€2.4m | +256.8% |
| Taxes, remuneration and social security | 45 | €3,347 | €102,602 | +€99,255 | +2965.3% |
| Taxes | 450/3 | €2,907 | €42,158 | +€39,251 | +1350.0% |
| Remuneration and social security | 454/9 | €440 | €60,444 | +€60,004 | +13647.3% |
| Turnover | 70 | €1,492,309 | - | -€1.5m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,468,097 | €8,075,563 | +€6.6m | +450.1% |
| Remuneration, social security and pensions | 62 | €13,630 | €307,584 | +€293,954 | +2156.6% |
| Other operating charges | 640/8 | €3,769 | €4,865 | +€1,096 | +29.1% |
| Gross operating margin | 9900 | €27,247 | €361,447 | +€334,200 | +1226.6% |
| Operating profit (loss) | 9901 | €9,847 | €48,997 | +€39,150 | +397.6% |
| Financial charges | 65/66B | €151 | €1,579 | +€1,428 | +944.6% |
| Recurring financial charges | 65 | €151 | €1,579 | +€1,428 | +944.6% |
| Profit (loss) for the period before taxes | 9903 | €9,696 | €47,418 | +€37,722 | +389.0% |
| Income taxes | 67/77 | €2,080 | €22,734 | +€20,654 | +992.9% |
| Profit (loss) for the period | 9904 | €7,616 | €24,685 | +€17,069 | +224.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,616 | €24,685 | +€17,069 | +224.1% |
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 7 October 2026 via checked.be.