SHARINGS: 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.
SHARINGS
Largest movements
- Tangible fixed assets +€731,482
up €731,482 (+314%), from €232,588 to €964,070
of which Land and buildings: +€733,418
- Receivables within one year +€85,254
up €85,254 (+98.4%), from €86,670 to €171,924
of which Other amounts receivable: +€56,254
- Debts after one year +€643,335
up €643,335 (+488%), from €131,903 to €775,238
- Profit (loss) carried forward +€74,249
up €74,249 (+309%), from €23,994 to €98,244
- Tax, wage and social debts +€66,542
up €66,542 (+5,621%), from €1,184 to €67,725
of which Taxes: +€63,736
- Other debts +€20,238
up €20,238 (+15.6%), from €130,002 to €150,239
- Current portion of long-term debt +€19,720
up €19,720 (+284%), from €6,945 to €26,665
- Gross operating margin +€179,106
up €179,106 (+738%), from €24,258 to €203,364
- Depreciation +€84,912
up €84,912 (+508%), from €16,726 to €101,638
- Taxes +€20,457
up €20,457 (+3,253%), from €629 to €21,086
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.
Derived cash bridge
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 | €323,270 | €1,142,023 | +€818,753 | +253% |
| Fixed assets | 21/28 | €233,338 | €969,820 | +€736,482 | +316% |
| Tangible fixed assets | 22/27 | €232,588 | €964,070 | +€731,482 | +314% |
| Land and buildings | 22 | €223,948 | €957,366 | +€733,418 | +327% |
| Plant, machinery and equipment | 23 | €7,732 | €6,593 | -€1,140 | -14.7% |
| Furniture and vehicles | 24 | €908 | €111 | -€796 | -87.7% |
| Financial fixed assets | 28 | €750 | €5,750 | +€5,000 | +667% |
| Current assets | 29/58 | €89,931 | €172,203 | +€82,271 | +91.5% |
| Amounts receivable within one year | 40/41 | €86,670 | €171,924 | +€85,254 | +98.4% |
| Trade receivables | 40 | €60,000 | €89,000 | +€29,000 | +48.3% |
| Other amounts receivable | 41 | €26,670 | €82,924 | +€56,254 | +211% |
| Cash at bank and in hand | 54/58 | €3,261 | €278 | -€2,983 | -91.5% |
| Total equity and liabilities | 10/49 | €323,270 | €1,142,023 | +€818,753 | +253% |
| Equity | 10/15 | €26,494 | €100,744 | +€74,249 | +280% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,994 | €98,244 | +€74,249 | +309% |
| Amounts payable | 17/49 | €296,775 | €1,041,280 | +€744,504 | +251% |
| Amounts payable after more than one year | 17 | €131,903 | €775,238 | +€643,335 | +488% |
| Financial debts | 170/4 | €131,903 | €775,238 | +€643,335 | +488% |
| Amounts payable within one year | 42/48 | €164,873 | €266,042 | +€101,169 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €6,945 | €26,665 | +€19,720 | +284% |
| Trade debts | 44 | €6,347 | €1,017 | -€5,330 | -84.0% |
| Suppliers | 440/4 | €6,347 | €1,017 | -€5,330 | -84.0% |
| Advances received on contracts in progress | 46 | €20,395 | €20,395 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,184 | €67,725 | +€66,542 | +5,621% |
| Taxes | 450/3 | €1,184 | €64,919 | +€63,736 | +5,384% |
| Remuneration and social security | 454/9 | - | €2,806 | +€2,806 | |
| Other amounts payable | 47/48 | €130,002 | €150,239 | +€20,238 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,726 | €101,638 | +€84,912 | +508% |
| Other operating charges | 640/8 | €1,686 | €1,806 | +€121 | +7.2% |
| Gross operating margin | 9900 | €24,258 | €203,364 | +€179,106 | +738% |
| Operating profit (loss) | 9901 | €5,847 | €99,920 | +€94,073 | +1,609% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €2,705 | €3,196 | +€491 | +18.2% |
| Recurring financial charges | 65 | €2,705 | €3,196 | +€491 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €3,144 | €96,723 | +€93,579 | +2,976% |
| Income taxes | 67/77 | €629 | €21,086 | +€20,457 | +3,253% |
| Profit (loss) for the period | 9904 | €2,515 | €75,638 | +€73,122 | +2,907% |
| Profit (loss) for the period to be appropriated | 9905 | €2,515 | €75,638 | +€73,122 | +2,907% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.