SHAOLIN: 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.
SHAOLIN
Largest movements
- Receivables within one year -€46,626
down €46,626 (-80.3%), from €58,082 to €11,455
- Tangible fixed assets -€2,060
down €2,060 (-60.2%), from €3,422 to €1,362
of which Furniture and vehicles: -€1,086
- Profit (loss) carried forward -€48,117
down €48,117, from €26,264 to -€21,854
- Current portion of long-term debt -€1,845
no longer reported in 2025 (was €1,845)
- Short-term financial debts +€1,275
up €1,275 (+23.5%), from €5,416 to €6,692
of which Other loans: +€6,692
- Turnover -€95,069
down €95,069 (-95.6%), from €99,439 to €4,370
- Purchases and services -€61,320
down €61,320 (-57.1%), from €107,371 to €46,051
- Gross operating margin -€33,750
down €33,750 (-425.5%), from -€7,932 to -€41,681
- Taxes +€1,046
new in 2025: €1,046
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,976 | €17,289 | -€48,687 | -73.8% |
| Fixed assets | 21/28 | €3,422 | €1,362 | -€2,060 | -60.2% |
| Tangible fixed assets | 22/27 | €3,422 | €1,362 | -€2,060 | -60.2% |
| Plant, machinery and equipment | 23 | €1,250 | €276 | -€974 | -77.9% |
| Furniture and vehicles | 24 | €2,172 | €1,086 | -€1,086 | -50.0% |
| Current assets | 29/58 | €62,554 | €15,927 | -€46,626 | -74.5% |
| Stocks and contracts in progress | 3 | €4,472 | €4,472 | = | 0.0% |
| Stocks | 30/36 | €4,472 | €4,472 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,082 | €11,455 | -€46,626 | -80.3% |
| Other amounts receivable | 41 | €58,082 | €11,455 | -€46,626 | -80.3% |
| Total equity and liabilities | 10/49 | €65,976 | €17,289 | -€48,687 | -73.8% |
| Equity | 10/15 | €58,715 | €10,597 | -€48,117 | -82.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,859 | €13,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,264 | -€21,854 | -€48,117 | |
| Amounts payable | 17/49 | €7,261 | €6,692 | -€569 | -7.8% |
| Amounts payable within one year | 42/48 | €7,261 | €6,692 | -€569 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €1,845 | - | -€1,845 | |
| Financial debts | 43 | €5,416 | €6,692 | +€1,275 | +23.5% |
| Credit institutions | 430/8 | €5,416 | - | -€5,416 | |
| Other loans | 439 | - | €6,692 | +€6,692 | |
| Turnover | 70 | €99,439 | €4,370 | -€95,069 | -95.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €107,371 | €46,051 | -€61,320 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,060 | €2,060 | = | 0.0% |
| Other operating charges | 640/8 | €727 | €836 | +€109 | +15.0% |
| Gross operating margin | 9900 | -€7,932 | -€41,681 | -€33,750 | -425.5% |
| Operating profit (loss) | 9901 | -€10,719 | -€44,577 | -€33,858 | -315.9% |
| Financial charges | 65/66B | €2,307 | €2,494 | +€187 | +8.1% |
| Recurring financial charges | 65 | €2,307 | €2,494 | +€187 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,026 | -€47,071 | -€34,045 | -261.4% |
| Income taxes | 67/77 | - | €1,046 | +€1,046 | |
| Profit (loss) for the period | 9904 | -€13,026 | -€48,117 | -€35,092 | -269.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,026 | -€48,117 | -€35,092 | -269.4% |
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.