SHARKY: 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.
SHARKY
Largest movements
- Cash -€27,840
down €27,840 (-71.1%), from €39,146 to €11,306
mainly Other debts (-€83,496) and Investment in fixed assets (net) (-€24,007)
- Receivables within one year +€12,189
up €12,189 (+92.0%), from €13,246 to €25,435
of which Other amounts receivable: +€8,516
- Tangible fixed assets -€5,800
down €5,800 (-1.4%), from €412,320 to €406,520
of which Land and buildings: -€4,881
- Other debts -€83,496
down €83,496 (-31.3%), from €266,798 to €183,302
- Reserves +€75,971
up €75,971 (+85.1%), from €89,278 to €165,248
- Debts after one year -€19,000
down €19,000 (-27.3%), from €69,666 to €50,666
- Accrued charges and deferred income +€7,818
up €7,818 (+144%), from €5,445 to €13,262
- Tax, wage and social debts -€5,429
down €5,429 (-60.5%), from €8,979 to €3,550
of which Taxes: -€6,429
- Gross operating margin +€47,117
up €47,117 (+54.6%), from €86,359 to €133,476
- Depreciation -€45,149
down €45,149 (-60.2%), from €74,957 to €29,808
- Taxes +€21,863
new in 2025: €21,863
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 | €479,335 | €457,884 | -€21,451 | -4.5% |
| Fixed assets | 21/28 | €426,270 | €420,470 | -€5,800 | -1.4% |
| Tangible fixed assets | 22/27 | €412,320 | €406,520 | -€5,800 | -1.4% |
| Land and buildings | 22 | €409,811 | €404,929 | -€4,881 | -1.2% |
| Plant, machinery and equipment | 23 | €688 | €1,590 | +€902 | +131% |
| Furniture and vehicles | 24 | €1,821 | - | -€1,821 | |
| Financial fixed assets | 28 | €13,950 | €13,950 | = | 0.0% |
| Current assets | 29/58 | €53,065 | €37,415 | -€15,650 | -29.5% |
| Amounts receivable within one year | 40/41 | €13,246 | €25,435 | +€12,189 | +92.0% |
| Trade receivables | 40 | €6,212 | €9,884 | +€3,673 | +59.1% |
| Other amounts receivable | 41 | €7,035 | €15,551 | +€8,516 | +121% |
| Cash at bank and in hand | 54/58 | €39,146 | €11,306 | -€27,840 | -71.1% |
| Deferred charges and accrued income | 490/1 | €673 | €674 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €479,335 | €457,884 | -€21,451 | -4.5% |
| Equity | 10/15 | €107,878 | €183,848 | +€75,971 | +70.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,278 | €165,248 | +€75,971 | +85.1% |
| Distributable reserves | 133 | €89,278 | €165,248 | +€75,971 | +85.1% |
| Amounts payable | 17/49 | €371,458 | €274,036 | -€97,421 | -26.2% |
| Amounts payable after more than one year | 17 | €69,666 | €50,666 | -€19,000 | -27.3% |
| Financial debts | 170/4 | €69,666 | €50,666 | -€19,000 | -27.3% |
| Amounts payable within one year | 42/48 | €296,347 | €210,108 | -€86,239 | -29.1% |
| Current portion of amounts payable after more than one year | 42 | €19,000 | €19,000 | = | 0.0% |
| Trade debts | 44 | €1,570 | €2,656 | +€1,086 | +69.2% |
| Suppliers | 440/4 | €1,570 | €2,656 | +€1,086 | +69.2% |
| Advances received on contracts in progress | 46 | - | €1,600 | +€1,600 | |
| Taxes, remuneration and social security | 45 | €8,979 | €3,550 | -€5,429 | -60.5% |
| Taxes | 450/3 | €8,979 | €2,550 | -€6,429 | -71.6% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €266,798 | €183,302 | -€83,496 | -31.3% |
| Accrued charges and deferred income | 492/3 | €5,445 | €13,262 | +€7,818 | +144% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,957 | €29,808 | -€45,149 | -60.2% |
| Other operating charges | 640/8 | €3,982 | €4,177 | +€195 | +4.9% |
| Gross operating margin | 9900 | €86,359 | €133,476 | +€47,117 | +54.6% |
| Operating profit (loss) | 9901 | €7,421 | €99,492 | +€92,071 | +1,241% |
| Financial income | 75/76B | €103 | €3 | -€100 | -97.3% |
| Recurring financial income | 75 | €103 | €3 | -€100 | -97.3% |
| Financial charges | 65/66B | €2,535 | €1,661 | -€874 | -34.5% |
| Recurring financial charges | 65 | €2,535 | €1,661 | -€874 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €4,988 | €97,834 | +€92,845 | +1,861% |
| Income taxes | 67/77 | - | €21,863 | +€21,863 | |
| Profit (loss) for the period | 9904 | €4,988 | €75,971 | +€70,982 | +1,423% |
| Profit (loss) for the period to be appropriated | 9905 | €4,988 | €75,971 | +€70,982 | +1,423% |
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 19 October 2026 via checked.be.