Sharpe-Mortier: what changed
Sharpe-Mortier
Largest movements
- Cash +€72,258
up €72,258 (+280%), from €25,842 to €98,100
mainly Net result for the year (+€57,966) and Tax, wage and social debts (+€21,714)
- Tangible fixed assets +€3,797
up €3,797 (+264%), from €1,439 to €5,236
- Deferred charges and accrued income +€2,671
up €2,671 (+19.9%), from €13,423 to €16,094
- Reserves +€57,000
up €57,000 (+300%), from €19,015 to €76,015
- Tax, wage and social debts +€21,714
up €21,714 (+168%), from €12,941 to €34,655
of which Taxes: +€19,774
- Gross operating margin +€43,897
up €43,897 (+149%), from €29,546 to €73,443
- Taxes +€7,305
up €7,305 (+101%), from €7,220 to €14,524
- Depreciation -€2,383
down €2,383 (-76.1%), from €3,132 to €749
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,704 | €119,431 | +€78,726 | +193% |
| Fixed assets | 21/28 | €1,439 | €5,236 | +€3,797 | +264% |
| Tangible fixed assets | 22/27 | €1,439 | €5,236 | +€3,797 | +264% |
| Plant, machinery and equipment | 23 | €1,439 | €5,236 | +€3,797 | +264% |
| Current assets | 29/58 | €39,265 | €114,194 | +€74,929 | +191% |
| Cash at bank and in hand | 54/58 | €25,842 | €98,100 | +€72,258 | +280% |
| Deferred charges and accrued income | 490/1 | €13,423 | €16,094 | +€2,671 | +19.9% |
| Total equity and liabilities | 10/49 | €40,704 | €119,431 | +€78,726 | +193% |
| Equity | 10/15 | €24,015 | €81,981 | +€57,966 | +241% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,015 | €76,015 | +€57,000 | +300% |
| Distributable reserves | 133 | €19,015 | €76,015 | +€57,000 | +300% |
| Profit (loss) carried forward | 14 | - | €966 | +€966 | |
| Amounts payable | 17/49 | €16,690 | €37,450 | +€20,761 | +124% |
| Amounts payable within one year | 42/48 | €16,690 | €37,450 | +€20,761 | +124% |
| Trade debts | 44 | €3,749 | €2,795 | -€954 | -25.4% |
| Suppliers | 440/4 | €3,749 | €2,795 | -€954 | -25.4% |
| Taxes, remuneration and social security | 45 | €12,941 | €34,655 | +€21,714 | +168% |
| Taxes | 450/3 | €7,220 | €26,994 | +€19,774 | +274% |
| Remuneration and social security | 454/9 | €5,721 | €7,661 | +€1,940 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,132 | €749 | -€2,383 | -76.1% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €29,546 | €73,443 | +€43,897 | +149% |
| Operating profit (loss) | 9901 | €26,274 | €72,550 | +€46,276 | +176% |
| Financial charges | 65/66B | €39 | €60 | +€21 | +53.8% |
| Recurring financial charges | 65 | €39 | €60 | +€21 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €26,235 | €72,490 | +€46,255 | +176% |
| Income taxes | 67/77 | €7,220 | €14,524 | +€7,305 | +101% |
| Profit (loss) for the period | 9904 | €19,015 | €57,966 | +€38,951 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €19,015 | €57,966 | +€38,951 | +205% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.