Shilla: 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.
Shilla
Largest movements
- Cash -€146,573
down €146,573 (-35.9%), from €408,132 to €261,559
mainly Receivables within one year (-€84,270) and Trade debts (-€70,773)
- Receivables within one year +€84,270
up €84,270 (+63.0%), from €133,745 to €218,015
of which Trade receivables: +€45,454
- Tangible fixed assets +€28,540
up €28,540 (+75.1%), from €38,005 to €66,545
of which Furniture and vehicles: +€38,609
- Trade debts -€70,773
down €70,773 (-42.0%), from €168,519 to €97,746
- Reserves +€68,500
up €68,500 (+28.9%), from €236,860 to €305,360
- Tax, wage and social debts -€27,022
down €27,022 (-28.5%), from €94,651 to €67,629
of which Taxes: -€20,759
- Gross operating margin +€70,838
up €70,838 (+15.6%), from €453,706 to €524,544
- Taxes +€19,250
up €19,250 (+124.6%), from €15,445 to €34,695
- Depreciation +€9,973
up €9,973 (+82.7%), from €12,060 to €22,033
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €784,774 | €755,842 | -€28,932 | -3.7% |
| Fixed assets | 21/28 | €46,283 | €73,754 | +€27,471 | +59.4% |
| Tangible fixed assets | 22/27 | €38,005 | €66,545 | +€28,540 | +75.1% |
| Plant, machinery and equipment | 23 | €11,902 | €5,167 | -€6,735 | -56.6% |
| Furniture and vehicles | 24 | €15,274 | €53,883 | +€38,609 | +252.8% |
| Other tangible fixed assets | 26 | €10,829 | €7,495 | -€3,334 | -30.8% |
| Financial fixed assets | 28 | €8,278 | €7,209 | -€1,069 | -12.9% |
| Current assets | 29/58 | €738,491 | €682,088 | -€56,403 | -7.6% |
| Amounts receivable after more than one year | 29 | €173,000 | €173,000 | = | 0.0% |
| Other amounts receivable | 291 | €173,000 | €173,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €19,164 | €18,592 | -€572 | -3.0% |
| Stocks | 30/36 | €19,164 | €18,592 | -€572 | -3.0% |
| Amounts receivable within one year | 40/41 | €133,745 | €218,015 | +€84,270 | +63.0% |
| Trade receivables | 40 | €58,158 | €103,612 | +€45,454 | +78.2% |
| Other amounts receivable | 41 | €75,587 | €114,403 | +€38,816 | +51.4% |
| Cash at bank and in hand | 54/58 | €408,132 | €261,559 | -€146,573 | -35.9% |
| Deferred charges and accrued income | 490/1 | €4,450 | €10,922 | +€6,472 | +145.4% |
| Total equity and liabilities | 10/49 | €784,774 | €755,842 | -€28,932 | -3.7% |
| Equity | 10/15 | €521,604 | €590,467 | +€68,863 | +13.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €236,860 | €305,360 | +€68,500 | +28.9% |
| Distributable reserves | 133 | €236,860 | €305,360 | +€68,500 | +28.9% |
| Profit (loss) carried forward | 14 | €277,244 | €277,607 | +€363 | +0.1% |
| Amounts payable | 17/49 | €263,170 | €165,375 | -€97,795 | -37.2% |
| Amounts payable within one year | 42/48 | €263,170 | €165,375 | -€97,795 | -37.2% |
| Trade debts | 44 | €168,519 | €97,746 | -€70,773 | -42.0% |
| Suppliers | 440/4 | €168,519 | €97,746 | -€70,773 | -42.0% |
| Taxes, remuneration and social security | 45 | €94,651 | €67,629 | -€27,022 | -28.5% |
| Taxes | 450/3 | €70,877 | €50,118 | -€20,759 | -29.3% |
| Remuneration and social security | 454/9 | €23,774 | €17,511 | -€6,263 | -26.3% |
| Remuneration, social security and pensions | 62 | €375,269 | €371,922 | -€3,347 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,060 | €22,033 | +€9,973 | +82.7% |
| Other operating charges | 640/8 | €6,023 | €7,278 | +€1,255 | +20.8% |
| Gross operating margin | 9900 | €453,706 | €524,544 | +€70,838 | +15.6% |
| Operating profit (loss) | 9901 | €60,354 | €123,311 | +€62,957 | +104.3% |
| Financial income | 75/76B | €2,621 | - | -€2,621 | |
| Recurring financial income | 75 | €2,621 | - | -€2,621 | |
| Financial charges | 65/66B | €18,970 | €19,753 | +€783 | +4.1% |
| Recurring financial charges | 65 | €18,970 | €19,753 | +€783 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €44,005 | €103,558 | +€59,553 | +135.3% |
| Income taxes | 67/77 | €15,445 | €34,695 | +€19,250 | +124.6% |
| Profit (loss) for the period | 9904 | €28,560 | €68,863 | +€40,303 | +141.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,560 | €68,863 | +€40,303 | +141.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.