SHELLBERRY: 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.
SHELLBERRY
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year +€8,952
up €8,952 (+4.1%), from €220,368 to €229,320
- Profit (loss) carried forward -€6,464
down €6,464 (-34.8%), from €18,550 to €12,086
- Trade debts -€4,040
down €4,040 (-86.3%), from €4,682 to €643
- Gross operating margin +€3,718
up €3,718 (+21.3%), from €17,480 to €21,199
- Depreciation +€774
up €774 (+3.4%), from €22,605 to €23,379
- Other operating charges -€379
down €379 (-9.0%), from €4,230 to €3,851
- Financial charges -€239
down €239 (-35.6%), from €671 to €432
of which Financial charges: -€236
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 | €399,034 | €397,483 | -€1,552 | -0.4% |
| Fixed assets | 21/28 | €390,389 | €388,041 | -€2,348 | -0.6% |
| Tangible fixed assets | 22/27 | €390,387 | €388,039 | -€2,348 | -0.6% |
| Land and buildings | 22 | €335,289 | €351,147 | +€15,859 | +4.7% |
| Other tangible fixed assets | 26 | €55,098 | €36,892 | -€18,206 | -33.0% |
| Financial fixed assets | 28 | €2 | €2 | = | 0.0% |
| Current assets | 29/58 | €8,645 | €9,441 | +€796 | +9.2% |
| Amounts receivable within one year | 40/41 | €5,939 | €3,180 | -€2,758 | -46.4% |
| Trade receivables | 40 | €3,967 | - | -€3,967 | |
| Other amounts receivable | 41 | €1,971 | €3,180 | +€1,209 | +61.3% |
| Cash at bank and in hand | 54/58 | €2,706 | €6,261 | +€3,555 | +131% |
| Total equity and liabilities | 10/49 | €399,034 | €397,483 | -€1,552 | -0.4% |
| Equity | 10/15 | €170,984 | €164,520 | -€6,464 | -3.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €132,434 | €132,434 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €130,434 | €130,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,550 | €12,086 | -€6,464 | -34.8% |
| Amounts payable | 17/49 | €228,050 | €232,963 | +€4,913 | +2.2% |
| Amounts payable after more than one year | 17 | €220,368 | €229,320 | +€8,952 | +4.1% |
| Other amounts payable | 178/9 | €220,368 | €229,320 | +€8,952 | +4.1% |
| Amounts payable within one year | 42/48 | €4,682 | €643 | -€4,040 | -86.3% |
| Trade debts | 44 | €4,682 | €643 | -€4,040 | -86.3% |
| Suppliers | 440/4 | €4,682 | €643 | -€4,040 | -86.3% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,605 | €23,379 | +€774 | +3.4% |
| Other operating charges | 640/8 | €4,230 | €3,851 | -€379 | -9.0% |
| Non-recurring operating charges | 66A | €6,000 | - | -€6,000 | |
| Gross operating margin | 9900 | €17,480 | €21,199 | +€3,718 | +21.3% |
| Operating profit (loss) | 9901 | -€15,355 | -€6,032 | +€9,323 | +60.7% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €671 | €432 | -€239 | -35.6% |
| Recurring financial charges | 65 | €668 | €432 | -€236 | -35.3% |
| Non-recurring financial charges | 66B | €3 | - | -€3 | |
| Profit (loss) for the period before taxes | 9903 | -€16,022 | -€6,464 | +€9,557 | +59.7% |
| Income taxes | 67/77 | €1 | - | -€1 | |
| Profit (loss) for the period | 9904 | -€16,023 | -€6,464 | +€9,559 | +59.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,023 | -€6,464 | +€9,559 | +59.7% |
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 18 October 2026 via checked.be.