SHENG YI: 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.
SHENG YI
Largest movements
- Cash -€42,104
down €42,104 (-74.2%), from €56,710 to €14,607
mainly Other debts (-€27,614) and Receivables within one year (-€17,756)
- Receivables within one year +€17,756
up €17,756 (+96.1%), from €18,484 to €36,240
of which Other amounts receivable: +€18,212
- Tangible fixed assets -€1,312
down €1,312 (-26.1%), from €5,033 to €3,721
- Other debts -€27,614
down €27,614 (-100.0%), from €27,614 to €0
- Tax, wage and social debts +€1,502
up €1,502 (+230.9%), from €650 to €2,152
- Profit (loss) carried forward +€1,358
up €1,358 (+5.1%), from -€26,644 to -€25,286
- Taxes +€1,835
up €1,835, from -€49 to €1,786
- Gross operating margin +€562
up €562 (+12.7%), from €4,433 to €4,995
- Other operating charges -€116
down €116 (-23.3%), from €497 to €381
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 | €80,739 | €55,796 | -€24,943 | -30.9% |
| Fixed assets | 21/28 | €5,033 | €3,721 | -€1,312 | -26.1% |
| Tangible fixed assets | 22/27 | €5,033 | €3,721 | -€1,312 | -26.1% |
| Other tangible fixed assets | 26 | €5,033 | €3,721 | -€1,312 | -26.1% |
| Current assets | 29/58 | €75,706 | €52,075 | -€23,632 | -31.2% |
| Amounts receivable within one year | 40/41 | €18,484 | €36,240 | +€17,756 | +96.1% |
| Trade receivables | 40 | €1,170 | €714 | -€456 | -39.0% |
| Other amounts receivable | 41 | €17,315 | €35,526 | +€18,212 | +105.2% |
| Cash at bank and in hand | 54/58 | €56,710 | €14,607 | -€42,104 | -74.2% |
| Deferred charges and accrued income | 490/1 | €512 | €1,228 | +€716 | +139.9% |
| Total equity and liabilities | 10/49 | €80,739 | €55,796 | -€24,943 | -30.9% |
| Equity | 10/15 | €42,594 | €43,952 | +€1,358 | +3.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €44,238 | €44,238 | = | 0.0% |
| Distributable reserves | 133 | €44,238 | €44,238 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,644 | -€25,286 | +€1,358 | +5.1% |
| Amounts payable | 17/49 | €38,145 | €11,844 | -€26,301 | -69.0% |
| Amounts payable within one year | 42/48 | €38,145 | €11,844 | -€26,301 | -69.0% |
| Trade debts | 44 | €9,880 | €9,692 | -€188 | -1.9% |
| Suppliers | 440/4 | €9,880 | €9,692 | -€188 | -1.9% |
| Taxes, remuneration and social security | 45 | €650 | €2,152 | +€1,502 | +230.9% |
| Taxes | 450/3 | €650 | €2,152 | +€1,502 | +230.9% |
| Other amounts payable | 47/48 | €27,614 | €0 | -€27,614 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,312 | €1,312 | = | 0.0% |
| Other operating charges | 640/8 | €497 | €381 | -€116 | -23.3% |
| Gross operating margin | 9900 | €4,433 | €4,995 | +€562 | +12.7% |
| Operating profit (loss) | 9901 | €2,624 | €3,301 | +€678 | +25.8% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €160 | €158 | -€3 | -1.8% |
| Recurring financial charges | 65 | €160 | €158 | -€3 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €2,473 | €3,144 | +€671 | +27.1% |
| Income taxes | 67/77 | -€49 | €1,786 | +€1,835 | |
| Profit (loss) for the period | 9904 | €2,522 | €1,358 | -€1,164 | -46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,522 | €1,358 | -€1,164 | -46.2% |
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 10 October 2026 via checked.be.