SHEICO: what changed
Two fiscal 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.
SHEICO
Largest movements
- Cash -€9,943
down €9,943 (-7.2%), from €137,188 to €127,245
mainly Tax, wage and social debts (-€7,471) and Net result for the year (-€1,401)
- Tax, wage and social debts -€7,471
no longer reported in 2025 (was €7,471)
- Gross operating margin -€36,930
down €36,930, from €35,811 to -€1,119
- Taxes -€7,471
down €7,471 (-100.0%), from €7,471 to €0
- Other operating charges -€373
down €373 (-61.0%), from €612 to €239
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 | €199,555 | €190,683 | -€8,872 | -4.4% |
| Current assets | 29/58 | €199,555 | €190,683 | -€8,872 | -4.4% |
| Amounts receivable within one year | 40/41 | €62,367 | €63,438 | +€1,071 | +1.7% |
| Other amounts receivable | 41 | €62,367 | €63,438 | +€1,071 | +1.7% |
| Cash at bank and in hand | 54/58 | €137,188 | €127,245 | -€9,943 | -7.2% |
| Total equity and liabilities | 10/49 | €199,555 | €190,683 | -€8,872 | -4.4% |
| Equity | 10/15 | €192,084 | €190,683 | -€1,401 | -0.7% |
| Contributions | 10/11 | €72,500 | €72,500 | = | 0.0% |
| Reserves | 13 | €119,584 | €118,183 | -€1,401 | -1.2% |
| Distributable reserves | 133 | €119,584 | €118,183 | -€1,401 | -1.2% |
| Amounts payable | 17/49 | €7,471 | - | -€7,471 | |
| Amounts payable within one year | 42/48 | €7,471 | - | -€7,471 | |
| Taxes, remuneration and social security | 45 | €7,471 | - | -€7,471 | |
| Taxes | 450/3 | €7,471 | - | -€7,471 | |
| Other operating charges | 640/8 | €612 | €239 | -€373 | -61.0% |
| Gross operating margin | 9900 | €35,811 | -€1,119 | -€36,930 | |
| Operating profit (loss) | 9901 | €35,199 | -€1,357 | -€36,556 | |
| Financial charges | 65/66B | €37 | €44 | +€7 | +19.2% |
| Recurring financial charges | 65 | €37 | €44 | +€7 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €35,163 | -€1,401 | -€36,563 | |
| Income taxes | 67/77 | €7,471 | €0 | -€7,471 | -100.0% |
| Profit (loss) for the period | 9904 | €27,691 | -€1,401 | -€29,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,691 | -€1,401 | -€29,092 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.