SHATOI: 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.
SHATOI
Largest movements
- Cash +€10,003
up €10,003 (+45.8%), from €21,853 to €31,856
mainly Other debts (+€9,203) and Depreciation (+€3,629)
- Tangible fixed assets -€2,406
down €2,406 (-12.2%), from €19,661 to €17,254
of which Other tangible fixed assets: -€2,273
- Other debts +€9,203
up €9,203 (+51.4%), from €17,888 to €27,090
- Reserves -€1,751
down €1,751 (-12.5%), from €13,995 to €12,244
- Trade debts -€802
down €802 (-84.3%), from €951 to €149
- Tax, wage and social debts +€728
up €728 (+16.2%), from €4,504 to €5,232
of which Taxes: +€728
- Gross operating margin +€7,546
up €7,546 (+975.1%), from €774 to €8,320
- Taxes +€222
up €222, from -€0 to €222
- Depreciation +€208
up €208 (+6.1%), from €3,421 to €3,629
- Other operating charges +€204
up €204 (+39.5%), from €517 to €721
- Financial charges -€100
down €100 (-6.3%), from €1,583 to €1,484
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 | €44,975 | €52,792 | +€7,818 | +17.4% |
| Fixed assets | 21/28 | €19,661 | €17,254 | -€2,406 | -12.2% |
| Tangible fixed assets | 22/27 | €19,661 | €17,254 | -€2,406 | -12.2% |
| Plant, machinery and equipment | 23 | €31 | €0 | -€31 | -100.0% |
| Furniture and vehicles | 24 | €3,406 | €3,304 | -€102 | -3.0% |
| Other tangible fixed assets | 26 | €16,223 | €13,951 | -€2,273 | -14.0% |
| Current assets | 29/58 | €25,314 | €35,538 | +€10,224 | +40.4% |
| Stocks and contracts in progress | 3 | €1,321 | €1,583 | +€262 | +19.9% |
| Stocks | 30/36 | €1,321 | €1,583 | +€262 | +19.9% |
| Amounts receivable within one year | 40/41 | €529 | €529 | = | 0.0% |
| Other amounts receivable | 41 | €529 | €529 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €21,853 | €31,856 | +€10,003 | +45.8% |
| Deferred charges and accrued income | 490/1 | €1,612 | €1,570 | -€42 | -2.6% |
| Total equity and liabilities | 10/49 | €44,975 | €52,792 | +€7,818 | +17.4% |
| Equity | 10/15 | €20,035 | €18,444 | -€1,591 | -7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,995 | €12,244 | -€1,751 | -12.5% |
| Distributable reserves | 133 | €13,995 | €12,244 | -€1,751 | -12.5% |
| Profit (loss) carried forward | 14 | -€161 | €0 | +€161 | |
| Amounts payable | 17/49 | €24,940 | €34,348 | +€9,408 | +37.7% |
| Amounts payable within one year | 42/48 | €23,343 | €32,471 | +€9,129 | +39.1% |
| Trade debts | 44 | €951 | €149 | -€802 | -84.3% |
| Suppliers | 440/4 | €951 | €149 | -€802 | -84.3% |
| Taxes, remuneration and social security | 45 | €4,504 | €5,232 | +€728 | +16.2% |
| Taxes | 450/3 | €2,754 | €3,482 | +€728 | +26.5% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €17,888 | €27,090 | +€9,203 | +51.4% |
| Accrued charges and deferred income | 492/3 | €1,597 | €1,877 | +€279 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,421 | €3,629 | +€208 | +6.1% |
| Other operating charges | 640/8 | €517 | €721 | +€204 | +39.5% |
| Gross operating margin | 9900 | €774 | €8,320 | +€7,546 | +975.1% |
| Operating profit (loss) | 9901 | -€3,164 | €3,971 | +€7,135 | |
| Financial income | 75/76B | €95 | €113 | +€18 | +18.9% |
| Recurring financial income | 75 | €95 | €113 | +€18 | +18.9% |
| Financial charges | 65/66B | €1,583 | €1,484 | -€100 | -6.3% |
| Recurring financial charges | 65 | €1,583 | €1,484 | -€100 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,653 | €2,599 | +€7,252 | |
| Income taxes | 67/77 | -€0 | €222 | +€222 | |
| Profit (loss) for the period | 9904 | -€4,652 | €2,378 | +€7,030 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,652 | €2,378 | +€7,030 |
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 9 October 2026 via checked.be.