SHELTER: 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.
SHELTER
Largest movements
- Receivables within one year -€5,186
down €5,186 (-4.3%), from €119,229 to €114,043
of which Other amounts receivable: -€5,186
- Deferred charges and accrued income +€1,482
up €1,482 (+126%), from €1,177 to €2,659
- Profit (loss) carried forward -€6,296
down €6,296 (-2.5%), from -€256,641 to -€262,937
- Trade debts +€3,474
up €3,474 (+26.6%), from €13,059 to €16,533
- Other debts -€1,231
down €1,231 (-0.4%), from €289,411 to €288,180
- Gross operating margin -€2,238
down €2,238 (-48.3%), from -€4,632 to -€6,870
- Financial income +€305
up €305 (+25.9%), from €1,177 to €1,482
- Other operating charges +€69
up €69 (+9.3%), from €749 to €818
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 | €121,238 | €117,186 | -€4,053 | -3.3% |
| Current assets | 29/58 | €121,238 | €117,186 | -€4,053 | -3.3% |
| Amounts receivable within one year | 40/41 | €119,229 | €114,043 | -€5,186 | -4.3% |
| Trade receivables | 40 | €33,755 | €33,755 | = | 0.0% |
| Other amounts receivable | 41 | €85,474 | €80,288 | -€5,186 | -6.1% |
| Cash at bank and in hand | 54/58 | €832 | €483 | -€349 | -41.9% |
| Deferred charges and accrued income | 490/1 | €1,177 | €2,659 | +€1,482 | +126% |
| Total equity and liabilities | 10/49 | €121,238 | €117,186 | -€4,053 | -3.3% |
| Equity | 10/15 | -€189,041 | -€195,337 | -€6,296 | -3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,000 | €49,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €47,140 | €47,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€256,641 | -€262,937 | -€6,296 | -2.5% |
| Amounts payable | 17/49 | €310,280 | €312,523 | +€2,243 | +0.7% |
| Amounts payable within one year | 42/48 | €310,280 | €312,523 | +€2,243 | +0.7% |
| Trade debts | 44 | €13,059 | €16,533 | +€3,474 | +26.6% |
| Suppliers | 440/4 | €13,059 | €16,533 | +€3,474 | +26.6% |
| Taxes, remuneration and social security | 45 | €7,810 | €7,810 | = | 0.0% |
| Taxes | 450/3 | €7,810 | €7,810 | = | 0.0% |
| Other amounts payable | 47/48 | €289,411 | €288,180 | -€1,231 | -0.4% |
| Other operating charges | 640/8 | €749 | €818 | +€69 | +9.3% |
| Gross operating margin | 9900 | -€4,632 | -€6,870 | -€2,238 | -48.3% |
| Operating profit (loss) | 9901 | -€5,381 | -€7,688 | -€2,307 | -42.9% |
| Financial income | 75/76B | €1,177 | €1,482 | +€305 | +25.9% |
| Recurring financial income | 75 | €1,177 | €1,482 | +€305 | +25.9% |
| Financial charges | 65/66B | €102 | €90 | -€12 | -11.8% |
| Recurring financial charges | 65 | €102 | €90 | -€12 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,306 | -€6,296 | -€1,990 | -46.2% |
| Profit (loss) for the period | 9904 | -€4,306 | -€6,296 | -€1,990 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,306 | -€6,296 | -€1,990 | -46.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.