SHIFTY SHEEP: 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.
SHIFTY SHEEP
Largest movements
- Tangible fixed assets +€2,699
up €2,699, from €0 to €2,699
- Current investments -€2,517
down €2,517 (-8.2%), from €30,535 to €28,018
- Receivables within one year -€1,791
down €1,791 (-25.2%), from €7,102 to €5,311
of which Other amounts receivable: -€1,918
- Other debts -€1,962
down €1,962 (-17.5%), from €11,212 to €9,250
- Tax, wage and social debts +€1,313
up €1,313 (+99.1%), from €1,325 to €2,639
of which Taxes: +€1,313
- Trade debts -€632
down €632 (-60.2%), from €1,050 to €417
- Gross operating margin +€3,444
up €3,444 (+73.1%), from €4,710 to €8,154
- Other operating charges -€464
down €464 (-54.5%), from €851 to €387
- Taxes +€311
up €311 (+17.2%), from €1,807 to €2,119
- Depreciation +€140
new in 2025: €140
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 | €37,773 | €36,426 | -€1,347 | -3.6% |
| Fixed assets | 21/28 | €0 | €2,699 | +€2,699 | |
| Tangible fixed assets | 22/27 | €0 | €2,699 | +€2,699 | |
| Furniture and vehicles | 24 | €0 | €2,699 | +€2,699 | |
| Current assets | 29/58 | €37,773 | €33,727 | -€4,046 | -10.7% |
| Amounts receivable within one year | 40/41 | €7,102 | €5,311 | -€1,791 | -25.2% |
| Trade receivables | 40 | €5,184 | €5,311 | +€126 | +2.4% |
| Other amounts receivable | 41 | €1,918 | €0 | -€1,918 | -100% |
| Current investments | 50/53 | €30,535 | €28,018 | -€2,517 | -8.2% |
| Cash at bank and in hand | 54/58 | €135 | €398 | +€262 | +194% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €37,773 | €36,426 | -€1,347 | -3.6% |
| Equity | 10/15 | €24,186 | €24,120 | -€66 | -0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,986 | €17,920 | -€66 | -0.4% |
| Distributable reserves | 133 | €17,986 | €17,920 | -€66 | -0.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €13,587 | €12,306 | -€1,281 | -9.4% |
| Amounts payable within one year | 42/48 | €13,587 | €12,306 | -€1,281 | -9.4% |
| Trade debts | 44 | €1,050 | €417 | -€632 | -60.2% |
| Suppliers | 440/4 | €1,050 | €417 | -€632 | -60.2% |
| Taxes, remuneration and social security | 45 | €1,325 | €2,639 | +€1,313 | +99.1% |
| Taxes | 450/3 | €1,325 | €2,639 | +€1,313 | +99.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €11,212 | €9,250 | -€1,962 | -17.5% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €140 | +€140 | |
| Other operating charges | 640/8 | €851 | €387 | -€464 | -54.5% |
| Gross operating margin | 9900 | €4,710 | €8,154 | +€3,444 | +73.1% |
| Operating profit (loss) | 9901 | €3,859 | €7,627 | +€3,768 | +97.6% |
| Financial income | 75/76B | €94 | €172 | +€78 | +83.4% |
| Recurring financial income | 75 | €94 | €172 | +€78 | +83.4% |
| Financial charges | 65/66B | €144 | €197 | +€53 | +36.7% |
| Recurring financial charges | 65 | €144 | €197 | +€53 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €3,809 | €7,603 | +€3,794 | +99.6% |
| Income taxes | 67/77 | €1,807 | €2,119 | +€311 | +17.2% |
| Profit (loss) for the period | 9904 | €2,002 | €5,484 | +€3,483 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €2,002 | €5,484 | +€3,483 | +174% |
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 20 October 2026 via checked.be.