SHINE & BITE: 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.
SHINE & BITE
Largest movements
- Receivables within one year -€7,627
no longer reported in 2024 (was €7,627)
of which Trade receivables: -€5,489
- Deferred charges and accrued income +€6,621
up €6,621 (+1931.8%), from €343 to €6,964
- Tangible fixed assets -€2,951
down €2,951 (-32.6%), from €9,065 to €6,114
- Cash +€2,736
up €2,736 (+258098.1%), from €1 to €2,737
mainly Debts after one year (+€32,709) and Receivables within one year (+€7,627)
- Debts after one year +€32,709
up €32,709 (+5.1%), from €645,224 to €677,933
- Profit (loss) carried forward -€26,345
down €26,345 (-4.0%), from -€656,788 to -€683,133
- Current portion of long-term debt -€10,000
no longer reported in 2024 (was €10,000)
- Other debts +€2,415
new in 2024: €2,415
- Other operating charges -€7,603
no longer reported in 2024 (was €7,603)
- Gross operating margin -€1,658
down €1,658 (-7.7%), from -€21,434 to -€23,093
- Financial charges -€638
down €638 (-67.9%), from €939 to €301
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 | €17,036 | €15,815 | -€1,220 | -7.2% |
| Fixed assets | 21/28 | €9,065 | €6,114 | -€2,951 | -32.6% |
| Tangible fixed assets | 22/27 | €9,065 | €6,114 | -€2,951 | -32.6% |
| Plant, machinery and equipment | 23 | €9,065 | €6,114 | -€2,951 | -32.6% |
| Current assets | 29/58 | €7,971 | €9,701 | +€1,730 | +21.7% |
| Amounts receivable within one year | 40/41 | €7,627 | - | -€7,627 | |
| Trade receivables | 40 | €5,489 | - | -€5,489 | |
| Other amounts receivable | 41 | €2,137 | - | -€2,137 | |
| Cash at bank and in hand | 54/58 | €1 | €2,737 | +€2,736 | +258098.1% |
| Deferred charges and accrued income | 490/1 | €343 | €6,964 | +€6,621 | +1931.8% |
| Total equity and liabilities | 10/49 | €17,036 | €15,815 | -€1,220 | -7.2% |
| Equity | 10/15 | -€638,188 | -€664,533 | -€26,345 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€656,788 | -€683,133 | -€26,345 | -4.0% |
| Amounts payable | 17/49 | €655,224 | €680,348 | +€25,124 | +3.8% |
| Amounts payable after more than one year | 17 | €645,224 | €677,933 | +€32,709 | +5.1% |
| Financial debts | 170/4 | €645,224 | €677,933 | +€32,709 | +5.1% |
| Amounts payable within one year | 42/48 | €10,000 | €2,415 | -€7,585 | -75.9% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | - | -€10,000 | |
| Other amounts payable | 47/48 | - | €2,415 | +€2,415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,951 | €2,951 | +€0 | 0.0% |
| Other operating charges | 640/8 | €7,603 | - | -€7,603 | |
| Gross operating margin | 9900 | -€21,434 | -€23,093 | -€1,658 | -7.7% |
| Operating profit (loss) | 9901 | -€31,988 | -€26,043 | +€5,944 | +18.6% |
| Financial charges | 65/66B | €939 | €301 | -€638 | -67.9% |
| Recurring financial charges | 65 | €939 | €301 | -€638 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | -€32,927 | -€26,345 | +€6,582 | +20.0% |
| Profit (loss) for the period | 9904 | -€32,927 | -€26,345 | +€6,582 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,927 | -€26,345 | +€6,582 | +20.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.