SHATTAT: 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.
SHATTAT
Largest movements
- Cash +€32,254
up €32,254 (+283%), from €11,397 to €43,651
mainly Net result for the year (+€26,432) and Stocks and contracts (+€11,657)
- Stocks and contracts -€11,657
down €11,657 (-33.0%), from €35,293 to €23,636
- Receivables within one year +€11,649
up €11,649 (+2,249%), from €518 to €12,167
of which Trade receivables: +€11,095
- Tangible fixed assets +€9,189
new in 2024: €9,189
- Profit (loss) carried forward +€26,432
up €26,432 (+142%), from €18,669 to €45,100
- Trade debts +€5,601
up €5,601 (+70.0%), from €8,006 to €13,607
- Tax, wage and social debts +€5,020
up €5,020 (+34.5%), from €14,534 to €19,554
of which Taxes: +€6,720
- Other debts +€4,383
new in 2024: €4,383
- Other operating charges -€20,819
down €20,819 (-85.0%), from €24,485 to €3,666
- Gross operating margin -€17,891
down €17,891 (-27.8%), from €64,359 to €46,468
- Financial charges -€6,011
down €6,011 (-48.2%), from €12,465 to €6,454
- Taxes -€1,845
down €1,845 (-17.7%), from €10,410 to €8,564
- Depreciation +€1,361
new in 2024: €1,361
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,209 | €88,644 | +€41,436 | +87.8% |
| Fixed assets | 21/28 | - | €9,189 | +€9,189 | |
| Tangible fixed assets | 22/27 | - | €9,189 | +€9,189 | |
| Furniture and vehicles | 24 | - | €9,189 | +€9,189 | |
| Current assets | 29/58 | €47,209 | €79,455 | +€32,246 | +68.3% |
| Stocks and contracts in progress | 3 | €35,293 | €23,636 | -€11,657 | -33.0% |
| Stocks | 30/36 | €35,293 | €23,636 | -€11,657 | -33.0% |
| Amounts receivable within one year | 40/41 | €518 | €12,167 | +€11,649 | +2,249% |
| Trade receivables | 40 | - | €11,095 | +€11,095 | |
| Other amounts receivable | 41 | €518 | €1,073 | +€555 | +107% |
| Cash at bank and in hand | 54/58 | €11,397 | €43,651 | +€32,254 | +283% |
| Total equity and liabilities | 10/49 | €47,209 | €88,644 | +€41,436 | +87.8% |
| Equity | 10/15 | €24,669 | €51,100 | +€26,432 | +107% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Other | 1109/19 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,669 | €45,100 | +€26,432 | +142% |
| Amounts payable | 17/49 | €22,540 | €37,544 | +€15,004 | +66.6% |
| Amounts payable within one year | 42/48 | €22,540 | €37,544 | +€15,004 | +66.6% |
| Trade debts | 44 | €8,006 | €13,607 | +€5,601 | +70.0% |
| Suppliers | 440/4 | €8,006 | €13,607 | +€5,601 | +70.0% |
| Taxes, remuneration and social security | 45 | €14,534 | €19,554 | +€5,020 | +34.5% |
| Taxes | 450/3 | €12,834 | €19,554 | +€6,720 | +52.4% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Other amounts payable | 47/48 | - | €4,383 | +€4,383 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,361 | +€1,361 | |
| Other operating charges | 640/8 | €24,485 | €3,666 | -€20,819 | -85.0% |
| Gross operating margin | 9900 | €64,359 | €46,468 | -€17,891 | -27.8% |
| Operating profit (loss) | 9901 | €39,874 | €41,441 | +€1,568 | +3.9% |
| Financial income | 75/76B | €12 | €9 | -€2 | -20.6% |
| Recurring financial income | 75 | €12 | €9 | -€2 | -20.6% |
| Financial charges | 65/66B | €12,465 | €6,454 | -€6,011 | -48.2% |
| Recurring financial charges | 65 | €12,465 | €6,454 | -€6,011 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €27,420 | €34,996 | +€7,576 | +27.6% |
| Income taxes | 67/77 | €10,410 | €8,564 | -€1,845 | -17.7% |
| Profit (loss) for the period | 9904 | €17,011 | €26,432 | +€9,421 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,011 | €26,432 | +€9,421 | +55.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.