ShiLies: 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.
ShiLies
Largest movements
- Stocks and contracts +€16,422
new in 2025: €16,422
- Cash -€10,654
down €10,654 (-35.6%), from €29,955 to €19,302
mainly Stocks and contracts (-€16,422) and Trade debts (-€2,421)
- Tangible fixed assets -€805
down €805 (-21.5%), from €3,743 to €2,939
of which Furniture and vehicles: -€525
- Receivables within one year +€795
up €795 (+4.6%), from €17,238 to €18,033
of which Other amounts receivable: +€795
- Reserves +€4,485
up €4,485 (+17.3%), from €25,943 to €30,428
of which Distributable reserves: +€4,485
- Trade debts -€2,421
down €2,421 (-12.9%), from €18,698 to €16,277
- Profit (loss) carried forward +€1,985
no longer reported in 2025 (was -€1,985)
- Tax, wage and social debts +€1,982
up €1,982 (+705%), from €281 to €2,263
- Taxes +€2,263
new in 2025: €2,263
- Gross operating margin -€1,091
down €1,091 (-9.7%), from €11,256 to €10,165
- Depreciation +€174
up €174 (+27.6%), from €630 to €805
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 | €50,936 | €56,967 | +€6,031 | +11.8% |
| Fixed assets | 21/28 | €3,743 | €2,939 | -€805 | -21.5% |
| Tangible fixed assets | 22/27 | €3,743 | €2,939 | -€805 | -21.5% |
| Furniture and vehicles | 24 | €1,180 | €655 | -€525 | -44.5% |
| Other tangible fixed assets | 26 | €2,563 | €2,283 | -€280 | -10.9% |
| Current assets | 29/58 | €47,193 | €54,029 | +€6,836 | +14.5% |
| Stocks and contracts in progress | 3 | - | €16,422 | +€16,422 | |
| Stocks | 30/36 | - | €16,422 | +€16,422 | |
| Amounts receivable within one year | 40/41 | €17,238 | €18,033 | +€795 | +4.6% |
| Trade receivables | 40 | €4,128 | €4,128 | = | 0.0% |
| Other amounts receivable | 41 | €13,110 | €13,905 | +€795 | +6.1% |
| Cash at bank and in hand | 54/58 | €29,955 | €19,302 | -€10,654 | -35.6% |
| Deferred charges and accrued income | 490/1 | - | €272 | +€272 | |
| Total equity and liabilities | 10/49 | €50,936 | €56,967 | +€6,031 | +11.8% |
| Equity | 10/15 | €30,157 | €36,628 | +€6,470 | +21.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,943 | €30,428 | +€4,485 | +17.3% |
| Non-distributable reserves | 130/1 | €661 | €661 | = | 0.0% |
| Reserves not available under the articles | 1311 | €661 | €661 | = | 0.0% |
| Distributable reserves | 133 | €25,281 | €29,766 | +€4,485 | +17.7% |
| Profit (loss) carried forward | 14 | -€1,985 | - | +€1,985 | |
| Amounts payable | 17/49 | €20,779 | €20,340 | -€439 | -2.1% |
| Amounts payable within one year | 42/48 | €18,979 | €18,540 | -€439 | -2.3% |
| Trade debts | 44 | €18,698 | €16,277 | -€2,421 | -12.9% |
| Suppliers | 440/4 | €18,698 | €16,277 | -€2,421 | -12.9% |
| Taxes, remuneration and social security | 45 | €281 | €2,263 | +€1,982 | +705% |
| Taxes | 450/3 | €281 | €2,263 | +€1,982 | +705% |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €630 | €805 | +€174 | +27.6% |
| Other operating charges | 640/8 | €464 | €544 | +€80 | +17.1% |
| Gross operating margin | 9900 | €11,256 | €10,165 | -€1,091 | -9.7% |
| Operating profit (loss) | 9901 | €10,161 | €8,816 | -€1,345 | -13.2% |
| Financial charges | 65/66B | €69 | €83 | +€14 | +20.5% |
| Recurring financial charges | 65 | €69 | €83 | +€14 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | €10,092 | €8,733 | -€1,359 | -13.5% |
| Income taxes | 67/77 | - | €2,263 | +€2,263 | |
| Profit (loss) for the period | 9904 | €10,092 | €6,470 | -€3,622 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,092 | €6,470 | -€3,622 | -35.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.