SHILAN: 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.
SHILAN
Largest movements
- Receivables within one year -€5,263
down €5,263 (-24.1%), from €21,801 to €16,538
- Debts after one year -€5,913
down €5,913 (-51.1%), from €11,578 to €5,665
- Trade debts +€707
up €707 (+1478.0%), from €48 to €754
- Turnover -€42,451
no longer reported in 2025 (was €42,451)
- Purchases and services -€40,798
no longer reported in 2025 (was €40,798)
- Gross operating margin -€1,944
down €1,944 (-57.2%), from €3,398 to €1,455
- Financial charges -€1,121
down €1,121 (-86.2%), from €1,302 to €180
- Other operating charges -€820
down €820 (-44.7%), from €1,834 to €1,014
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,629 | €49,384 | -€5,245 | -9.6% |
| Fixed assets | 21/28 | €32,333 | €32,333 | = | 0.0% |
| Tangible fixed assets | 22/27 | €32,183 | €32,183 | = | 0.0% |
| Furniture and vehicles | 24 | €32,183 | €32,183 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €22,296 | €17,051 | -€5,245 | -23.5% |
| Amounts receivable within one year | 40/41 | €21,801 | €16,538 | -€5,263 | -24.1% |
| Other amounts receivable | 41 | €21,801 | €16,538 | -€5,263 | -24.1% |
| Cash at bank and in hand | 54/58 | €495 | €513 | +€18 | +3.7% |
| Total equity and liabilities | 10/49 | €54,629 | €49,384 | -€5,245 | -9.6% |
| Equity | 10/15 | €37,788 | €37,788 | = | 0.0% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €309 | €309 | = | 0.0% |
| Non-distributable reserves | 130/1 | €309 | €309 | = | 0.0% |
| Reserves not available under the articles | 1311 | €309 | €309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,879 | €36,879 | = | 0.0% |
| Amounts payable | 17/49 | €16,841 | €11,596 | -€5,245 | -31.1% |
| Amounts payable after more than one year | 17 | €11,578 | €5,665 | -€5,913 | -51.1% |
| Financial debts | 170/4 | €11,578 | €5,665 | -€5,913 | -51.1% |
| Amounts payable within one year | 42/48 | €5,263 | €5,931 | +€668 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €5,081 | €5,081 | = | 0.0% |
| Trade debts | 44 | €48 | €754 | +€707 | +1478.0% |
| Suppliers | 440/4 | €48 | €754 | +€707 | +1478.0% |
| Taxes, remuneration and social security | 45 | €134 | €95 | -€39 | -28.8% |
| Taxes | 450/3 | €134 | €95 | -€39 | -28.8% |
| Turnover | 70 | €42,451 | - | -€42,451 | |
| Goods, raw materials, services and sundry goods | 60/61 | €40,798 | - | -€40,798 | |
| Other operating charges | 640/8 | €1,834 | €1,014 | -€820 | -44.7% |
| Gross operating margin | 9900 | €3,398 | €1,455 | -€1,944 | -57.2% |
| Operating profit (loss) | 9901 | €1,564 | €441 | -€1,124 | -71.8% |
| Financial charges | 65/66B | €1,302 | €180 | -€1,121 | -86.2% |
| Recurring financial charges | 65 | €1,302 | €180 | -€1,121 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | €263 | €260 | -€2 | -0.9% |
| Income taxes | 67/77 | €234 | €260 | +€26 | +11.1% |
| Profit (loss) for the period | 9904 | €28 | - | -€28 | |
| Profit (loss) for the period to be appropriated | 9905 | €28 | - | -€28 |
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.