SHIFA ASSIST: 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.
SHIFA ASSIST
Largest movements
- Cash +€68,220
up €68,220 (+148.5%), from €45,934 to €114,154
mainly Net result for the year (+€47,050) and Deferred charges and accrued income (+€9,087)
- Deferred charges and accrued income -€9,087
no longer reported in 2025 (was €9,087)
- Receivables within one year +€2,573
new in 2025: €2,573
- Profit (loss) carried forward +€47,050
up €47,050 (+120.2%), from €39,148 to €86,197
- Tax, wage and social debts +€8,611
up €8,611 (+104.3%), from €8,258 to €16,869
- Other debts +€4,162
up €4,162 (+52.4%), from €7,942 to €12,104
- Gross operating margin +€34,980
up €34,980 (+113.6%), from €30,785 to €65,765
- Taxes +€8,607
up €8,607 (+104.2%), from €8,258 to €16,865
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 | €56,893 | €118,073 | +€61,180 | +107.5% |
| Fixed assets | 21/28 | €1,872 | €1,346 | -€526 | -28.1% |
| Tangible fixed assets | 22/27 | €1,872 | €1,346 | -€526 | -28.1% |
| Furniture and vehicles | 24 | €1,872 | €1,346 | -€526 | -28.1% |
| Current assets | 29/58 | €55,020 | €116,727 | +€61,706 | +112.2% |
| Amounts receivable within one year | 40/41 | - | €2,573 | +€2,573 | |
| Trade receivables | 40 | - | €2,573 | +€2,573 | |
| Cash at bank and in hand | 54/58 | €45,934 | €114,154 | +€68,220 | +148.5% |
| Deferred charges and accrued income | 490/1 | €9,087 | - | -€9,087 | |
| Total equity and liabilities | 10/49 | €56,893 | €118,073 | +€61,180 | +107.5% |
| Equity | 10/15 | €39,148 | €86,197 | +€47,050 | +120.2% |
| Profit (loss) carried forward | 14 | €39,148 | €86,197 | +€47,050 | +120.2% |
| Amounts payable | 17/49 | €17,745 | €31,876 | +€14,131 | +79.6% |
| Amounts payable within one year | 42/48 | €17,745 | €31,376 | +€13,631 | +76.8% |
| Trade debts | 44 | €1,545 | €2,403 | +€858 | +55.6% |
| Suppliers | 440/4 | €1,545 | €2,403 | +€858 | +55.6% |
| Taxes, remuneration and social security | 45 | €8,258 | €16,869 | +€8,611 | +104.3% |
| Taxes | 450/3 | €8,258 | €16,869 | +€8,611 | +104.3% |
| Other amounts payable | 47/48 | €7,942 | €12,104 | +€4,162 | +52.4% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €911 | €1,099 | +€188 | +20.6% |
| Other operating charges | 640/8 | €505 | €656 | +€151 | +30.0% |
| Gross operating margin | 9900 | €30,785 | €65,765 | +€34,980 | +113.6% |
| Operating profit (loss) | 9901 | €29,369 | €64,010 | +€34,641 | +117.9% |
| Financial charges | 65/66B | €16 | €96 | +€80 | +500.0% |
| Recurring financial charges | 65 | €16 | €96 | +€80 | +500.0% |
| Profit (loss) for the period before taxes | 9903 | €29,353 | €63,914 | +€34,561 | +117.7% |
| Income taxes | 67/77 | €8,258 | €16,865 | +€8,607 | +104.2% |
| Profit (loss) for the period | 9904 | €21,095 | €47,050 | +€25,954 | +123.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,095 | €47,050 | +€25,954 | +123.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.