SHAPE_IT: 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.
SHAPE_IT
Largest movements
- Cash -€4,174
down €4,174 (-54.7%), from €7,629 to €3,456
mainly Net result for the year (-€6,510) and Receivables within one year (-€1,551)
- Tangible fixed assets -€2,762
down €2,762 (-27.5%), from €10,057 to €7,295
of which Plant, machinery and equipment: -€2,157
- Receivables within one year +€1,551
up €1,551 (+94.2%), from €1,647 to €3,198
of which Trade receivables: +€1,001
- Profit (loss) carried forward -€6,510
down €6,510 (-16.0%), from -€40,589 to -€47,100
- Other debts +€1,487
up €1,487 (+4.4%), from €33,562 to €35,049
- Tax, wage and social debts -€486
down €486 (-48.4%), from €1,004 to €518
- Gross operating margin +€7,169
up €7,169 (+77.7%), from -€9,232 to -€2,063
- Depreciation -€984
down €984 (-26.3%), from €3,746 to €2,762
- Other operating charges -€509
down €509 (-79.1%), from €644 to €134
- Taxes -€224
down €224 (-52.9%), from €425 to €200
- Financial charges -€178
down €178 (-11.6%), from €1,528 to €1,351
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 | €19,641 | €14,290 | -€5,351 | -27.2% |
| Fixed assets | 21/28 | €10,057 | €7,295 | -€2,762 | -27.5% |
| Tangible fixed assets | 22/27 | €10,057 | €7,295 | -€2,762 | -27.5% |
| Plant, machinery and equipment | 23 | €7,405 | €5,248 | -€2,157 | -29.1% |
| Furniture and vehicles | 24 | €2,652 | €2,047 | -€605 | -22.8% |
| Current assets | 29/58 | €9,584 | €6,996 | -€2,588 | -27.0% |
| Amounts receivable within one year | 40/41 | €1,647 | €3,198 | +€1,551 | +94.2% |
| Trade receivables | 40 | €1,056 | €2,057 | +€1,001 | +94.8% |
| Other amounts receivable | 41 | €591 | €1,141 | +€550 | +93.0% |
| Cash at bank and in hand | 54/58 | €7,629 | €3,456 | -€4,174 | -54.7% |
| Deferred charges and accrued income | 490/1 | €307 | €342 | +€35 | +11.3% |
| Total equity and liabilities | 10/49 | €19,641 | €14,290 | -€5,351 | -27.2% |
| Equity | 10/15 | -€14,932 | -€21,443 | -€6,510 | -43.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,065 | €7,065 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,206 | €5,206 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,589 | -€47,100 | -€6,510 | -16.0% |
| Amounts payable | 17/49 | €34,573 | €35,733 | +€1,160 | +3.4% |
| Amounts payable within one year | 42/48 | €34,573 | €35,733 | +€1,160 | +3.4% |
| Trade debts | 44 | €7 | €166 | +€159 | +2117.4% |
| Suppliers | 440/4 | €7 | €166 | +€159 | +2117.4% |
| Taxes, remuneration and social security | 45 | €1,004 | €518 | -€486 | -48.4% |
| Taxes | 450/3 | €1,004 | €518 | -€486 | -48.4% |
| Other amounts payable | 47/48 | €33,562 | €35,049 | +€1,487 | +4.4% |
| Non-recurring operating income | 76A | €4,000 | €0 | -€4,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,746 | €2,762 | -€984 | -26.3% |
| Other operating charges | 640/8 | €644 | €134 | -€509 | -79.1% |
| Non-recurring operating charges | 66A | €10,209 | €0 | -€10,209 | -100.0% |
| Gross operating margin | 9900 | -€9,232 | -€2,063 | +€7,169 | +77.7% |
| Operating profit (loss) | 9901 | -€23,832 | -€4,960 | +€18,872 | +79.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,528 | €1,351 | -€178 | -11.6% |
| Recurring financial charges | 65 | €1,528 | €1,351 | -€178 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,360 | -€6,310 | +€19,050 | +75.1% |
| Income taxes | 67/77 | €425 | €200 | -€224 | -52.9% |
| Profit (loss) for the period | 9904 | -€25,785 | -€6,510 | +€19,274 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,785 | -€6,510 | +€19,274 | +74.8% |
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 12 October 2026 via checked.be.