SHIFTT: 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.
SHIFTT
Largest movements
- Deferred charges and accrued income +€793
up €793 (+396.5%), from €200 to €992
- Receivables within one year +€109
up €109 (+9042.5%), from €1 to €110
- Cash -€16
down €16 (-49.9%), from €32 to €16
mainly Net result for the year (-€7,070) and Deferred charges and accrued income (-€793)
- Tax, wage and social debts +€7,854
new in 2025: €7,854
of which Remuneration and social security: +€7,667
- Profit (loss) carried forward -€7,070
down €7,070 (-368.9%), from -€1,916 to -€8,986
- Accrued charges and deferred income +€220
new in 2025: €220
- Trade debts -€150
down €150 (-100.0%), from €150 to €0
- Other debts +€30
new in 2025: €30
- Staff costs +€74,064
new in 2025: €74,064
- Gross operating margin +€67,308
up €67,308 (+36253.4%), from €186 to €67,494
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 | €234 | €1,118 | +€885 | +378.9% |
| Current assets | 29/58 | €234 | €1,118 | +€885 | +378.9% |
| Amounts receivable within one year | 40/41 | €1 | €110 | +€109 | +9042.5% |
| Other amounts receivable | 41 | €1 | €110 | +€109 | +9042.5% |
| Cash at bank and in hand | 54/58 | €32 | €16 | -€16 | -49.9% |
| Deferred charges and accrued income | 490/1 | €200 | €992 | +€793 | +396.5% |
| Total equity and liabilities | 10/49 | €234 | €1,118 | +€885 | +378.9% |
| Equity | 10/15 | €84 | -€6,986 | -€7,070 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,916 | -€8,986 | -€7,070 | -368.9% |
| Amounts payable | 17/49 | €150 | €8,104 | +€7,954 | +5302.9% |
| Amounts payable within one year | 42/48 | €150 | €7,884 | +€7,734 | +5156.2% |
| Trade debts | 44 | €150 | €0 | -€150 | -100.0% |
| Suppliers | 440/4 | €150 | €0 | -€150 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €7,854 | +€7,854 | |
| Taxes | 450/3 | - | €188 | +€188 | |
| Remuneration and social security | 454/9 | - | €7,667 | +€7,667 | |
| Other amounts payable | 47/48 | - | €30 | +€30 | |
| Accrued charges and deferred income | 492/3 | - | €220 | +€220 | |
| Remuneration, social security and pensions | 62 | - | €74,064 | +€74,064 | |
| Other operating charges | 640/8 | €1 | €220 | +€219 | +21900.0% |
| Gross operating margin | 9900 | €186 | €67,494 | +€67,308 | +36253.4% |
| Operating profit (loss) | 9901 | €185 | -€6,790 | -€6,975 | |
| Financial charges | 65/66B | €108 | €92 | -€16 | -14.8% |
| Recurring financial charges | 65 | €108 | €92 | -€16 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €77 | -€6,882 | -€6,959 | |
| Income taxes | 67/77 | - | €188 | +€188 | |
| Profit (loss) for the period | 9904 | €77 | -€7,070 | -€7,146 | |
| Profit (loss) for the period to be appropriated | 9905 | €77 | -€7,070 | -€7,146 |
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 5 October 2026 via checked.be.