SHENKIRA: 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.
SHENKIRA
Largest movements
- Cash +€24,484
up €24,484 (+225.8%), from €10,844 to €35,328
mainly Other debts (+€17,275) and Depreciation (+€13,295)
- Tangible fixed assets -€10,689
down €10,689 (-16.4%), from €65,302 to €54,613
of which Furniture and vehicles: -€33,816
- Deferred charges and accrued income -€5,000
down €5,000 (-57.1%), from €8,750 to €3,750
- Trade debts -€24,709
down €24,709 (-36.3%), from €68,003 to €43,293
- Other debts +€17,275
up €17,275 (+35.1%), from €49,158 to €66,433
- Tax, wage and social debts +€11,259
up €11,259 (+4895.3%), from €230 to €11,489
of which Taxes: +€6,967
- Profit (loss) carried forward +€8,371
up €8,371 (+19.2%), from -€43,588 to -€35,216
- Depreciation -€34,014
down €34,014 (-71.9%), from €47,309 to €13,295
- Gross operating margin +€33,931
up €33,931 (+48.5%), from €69,957 to €103,888
- Financial income +€28,025
up €28,025 (+216412.7%), from €13 to €28,038
of which Non-recurring financial income: +€28,017
- Staff costs +€6,193
up €6,193 (+6.5%), from €95,598 to €101,791
- Other operating charges +€2,210
up €2,210 (+386.3%), from €572 to €2,783
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.
Cash bridge derived
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 | €369,208 | €381,405 | +€12,196 | +3.3% |
| Fixed assets | 21/28 | €65,466 | €54,777 | -€10,689 | -16.3% |
| Tangible fixed assets | 22/27 | €65,302 | €54,613 | -€10,689 | -16.4% |
| Furniture and vehicles | 24 | €65,302 | €31,486 | -€33,816 | -51.8% |
| Other tangible fixed assets | 26 | - | €23,127 | +€23,127 | |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €303,742 | €326,627 | +€22,885 | +7.5% |
| Amounts receivable within one year | 40/41 | €284,148 | €287,549 | +€3,401 | +1.2% |
| Trade receivables | 40 | €13,393 | €12,143 | -€1,250 | -9.3% |
| Other amounts receivable | 41 | €270,755 | €275,406 | +€4,651 | +1.7% |
| Cash at bank and in hand | 54/58 | €10,844 | €35,328 | +€24,484 | +225.8% |
| Deferred charges and accrued income | 490/1 | €8,750 | €3,750 | -€5,000 | -57.1% |
| Total equity and liabilities | 10/49 | €369,208 | €381,405 | +€12,196 | +3.3% |
| Equity | 10/15 | -€23,183 | -€14,811 | +€8,371 | +36.1% |
| Contributions | 10/11 | €18,550 | €20,405 | +€1,855 | +10.0% |
| Reserves | 13 | €1,855 | - | -€1,855 | |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Profit (loss) carried forward | 14 | -€43,588 | -€35,216 | +€8,371 | +19.2% |
| Provisions and deferred taxes | 16 | €275,000 | €275,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €275,000 | €275,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €275,000 | €275,000 | = | 0.0% |
| Amounts payable | 17/49 | €117,391 | €121,216 | +€3,825 | +3.3% |
| Amounts payable within one year | 42/48 | €117,391 | €121,216 | +€3,825 | +3.3% |
| Trade debts | 44 | €68,003 | €43,293 | -€24,709 | -36.3% |
| Suppliers | 440/4 | €68,003 | €43,293 | -€24,709 | -36.3% |
| Taxes, remuneration and social security | 45 | €230 | €11,489 | +€11,259 | +4895.3% |
| Taxes | 450/3 | €230 | €7,197 | +€6,967 | +3029.1% |
| Remuneration and social security | 454/9 | - | €4,292 | +€4,292 | |
| Other amounts payable | 47/48 | €49,158 | €66,433 | +€17,275 | +35.1% |
| Remuneration, social security and pensions | 62 | €95,598 | €101,791 | +€6,193 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,309 | €13,295 | -€34,014 | -71.9% |
| Other operating charges | 640/8 | €572 | €2,783 | +€2,210 | +386.3% |
| Gross operating margin | 9900 | €69,957 | €103,888 | +€33,931 | +48.5% |
| Operating profit (loss) | 9901 | -€73,522 | -€13,981 | +€59,541 | +81.0% |
| Financial income | 75/76B | €13 | €28,038 | +€28,025 | +216412.7% |
| Recurring financial income | 75 | €13 | €21 | +€8 | +61.9% |
| Non-recurring financial income | 76B | - | €28,017 | +€28,017 | |
| Financial charges | 65/66B | €3,288 | €3,227 | -€61 | -1.8% |
| Recurring financial charges | 65 | €3,288 | €3,227 | -€61 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | -€76,797 | €10,830 | +€87,627 | |
| Income taxes | 67/77 | €230 | - | -€230 | |
| Profit (loss) for the period | 9904 | -€77,027 | €10,830 | +€87,857 | |
| Transfer to tax-exempt reserves | 689 | - | €2,459 | +€2,459 | |
| Profit (loss) for the period to be appropriated | 9905 | -€77,027 | €8,371 | +€85,398 |
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 11 October 2026 via checked.be.