Shape Tomorrow: 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.
Shape Tomorrow
Largest movements
- Cash +€42,849
up €42,849 (+173.7%), from €24,664 to €67,514
mainly Net result for the year (+€68,407) and Other debts (+€23,159)
- Tangible fixed assets -€5,002
down €5,002 (-22.4%), from €22,372 to €17,370
of which Furniture and vehicles: -€3,606
- Other debts +€23,159
up €23,159 (+49.9%), from €46,437 to €69,595
- Trade debts +€8,309
up €8,309 (+115.9%), from €7,170 to €15,479
- Tax, wage and social debts +€5,420
up €5,420 (+77.9%), from €6,960 to €12,380
- Gross operating margin +€28,482
up €28,482 (+44.2%), from €64,501 to €92,983
- Taxes +€5,829
up €5,829 (+44.2%), from €13,202 to €19,031
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 | €83,567 | €120,455 | +€36,888 | +44.1% |
| Fixed assets | 21/28 | €22,372 | €17,370 | -€5,002 | -22.4% |
| Tangible fixed assets | 22/27 | €22,372 | €17,370 | -€5,002 | -22.4% |
| Furniture and vehicles | 24 | €10,223 | €6,616 | -€3,606 | -35.3% |
| Other tangible fixed assets | 26 | €12,149 | €10,753 | -€1,396 | -11.5% |
| Current assets | 29/58 | €61,196 | €103,085 | +€41,890 | +68.5% |
| Amounts receivable within one year | 40/41 | €35,777 | €35,572 | -€206 | -0.6% |
| Trade receivables | 40 | €31,808 | €34,729 | +€2,921 | +9.2% |
| Other amounts receivable | 41 | €3,969 | €843 | -€3,126 | -78.8% |
| Cash at bank and in hand | 54/58 | €24,664 | €67,514 | +€42,849 | +173.7% |
| Deferred charges and accrued income | 490/1 | €754 | - | -€754 | |
| Total equity and liabilities | 10/49 | €83,567 | €120,455 | +€36,888 | +44.1% |
| Equity | 10/15 | €23,000 | €23,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,567 | €97,455 | +€36,888 | +60.9% |
| Amounts payable within one year | 42/48 | €60,567 | €97,455 | +€36,888 | +60.9% |
| Trade debts | 44 | €7,170 | €15,479 | +€8,309 | +115.9% |
| Suppliers | 440/4 | €7,170 | €15,479 | +€8,309 | +115.9% |
| Taxes, remuneration and social security | 45 | €6,960 | €12,380 | +€5,420 | +77.9% |
| Taxes | 450/3 | €6,960 | €12,380 | +€5,420 | +77.9% |
| Other amounts payable | 47/48 | €46,437 | €69,595 | +€23,159 | +49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,625 | €5,002 | +€377 | +8.2% |
| Other operating charges | 640/8 | €387 | €414 | +€26 | +6.8% |
| Gross operating margin | 9900 | €64,501 | €92,983 | +€28,482 | +44.2% |
| Operating profit (loss) | 9901 | €59,489 | €87,567 | +€28,078 | +47.2% |
| Financial income | 75/76B | €365 | €1 | -€364 | -99.8% |
| Recurring financial income | 75 | €365 | €1 | -€364 | -99.8% |
| Financial charges | 65/66B | €215 | €130 | -€85 | -39.6% |
| Recurring financial charges | 65 | €215 | €130 | -€85 | -39.6% |
| Profit (loss) for the period before taxes | 9903 | €59,638 | €87,438 | +€27,799 | +46.6% |
| Income taxes | 67/77 | €13,202 | €19,031 | +€5,829 | +44.2% |
| Profit (loss) for the period | 9904 | €46,437 | €68,407 | +€21,970 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,437 | €68,407 | +€21,970 | +47.3% |
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 6 October 2026 via checked.be.