SHINE RONNY: 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 RONNY
Largest movements
- Stocks and contracts -€17,411
down €17,411 (-65.2%), from €26,694 to €9,283
- Receivables within one year -€4,759
down €4,759 (-57.1%), from €8,335 to €3,576
of which Trade receivables: -€7,388
- Cash -€1,360
down €1,360 (-95.0%), from €1,432 to €72
mainly Trade debts (-€30,470)
- Trade debts -€30,470
down €30,470 (-98.7%), from €30,877 to €407
- Profit (loss) carried forward +€4,224
up €4,224 (+6.9%), from -€61,330 to -€57,107
- Debts after one year +€2,716
up €2,716 (+5.3%), from €51,314 to €54,031
- Gross operating margin +€15,364
up €15,364 (+1338.5%), from €1,148 to €16,512
- Staff costs +€7,378
new in 2025: €7,378
- Other operating charges +€1,639
up €1,639 (+90.2%), from €1,817 to €3,456
- Financial charges +€760
up €760 (+103.9%), from €732 to €1,492
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.
Cash bridge derived
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 | €40,861 | €17,331 | -€23,530 | -57.6% |
| Fixed assets | 21/28 | €4,400 | €4,400 | = | 0.0% |
| Financial fixed assets | 28 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €36,461 | €12,931 | -€23,530 | -64.5% |
| Stocks and contracts in progress | 3 | €26,694 | €9,283 | -€17,411 | -65.2% |
| Stocks | 30/36 | €26,694 | €9,283 | -€17,411 | -65.2% |
| Amounts receivable within one year | 40/41 | €8,335 | €3,576 | -€4,759 | -57.1% |
| Trade receivables | 40 | €7,388 | - | -€7,388 | |
| Other amounts receivable | 41 | €948 | €3,576 | +€2,628 | +277.3% |
| Cash at bank and in hand | 54/58 | €1,432 | €72 | -€1,360 | -95.0% |
| Total equity and liabilities | 10/49 | €40,861 | €17,331 | -€23,530 | -57.6% |
| Equity | 10/15 | -€41,330 | -€37,107 | +€4,224 | +10.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,330 | -€57,107 | +€4,224 | +6.9% |
| Amounts payable | 17/49 | €82,191 | €54,437 | -€27,754 | -33.8% |
| Amounts payable after more than one year | 17 | €51,314 | €54,031 | +€2,716 | +5.3% |
| Other amounts payable | 178/9 | €51,314 | €54,031 | +€2,716 | +5.3% |
| Amounts payable within one year | 42/48 | €30,877 | €407 | -€30,470 | -98.7% |
| Trade debts | 44 | €30,877 | €407 | -€30,470 | -98.7% |
| Suppliers | 440/4 | €30,877 | €407 | -€30,470 | -98.7% |
| Remuneration, social security and pensions | 62 | - | €7,378 | +€7,378 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | -€0 | |
| Other operating charges | 640/8 | €1,817 | €3,456 | +€1,639 | +90.2% |
| Gross operating margin | 9900 | €1,148 | €16,512 | +€15,364 | +1338.5% |
| Operating profit (loss) | 9901 | -€669 | €5,677 | +€6,346 | |
| Financial income | 75/76B | €0 | €39 | +€38 | +15352.0% |
| Recurring financial income | 75 | €0 | €39 | +€38 | +15352.0% |
| Financial charges | 65/66B | €732 | €1,492 | +€760 | +103.9% |
| Recurring financial charges | 65 | €732 | €1,492 | +€760 | +103.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,401 | €4,224 | +€5,624 | |
| Profit (loss) for the period | 9904 | -€1,401 | €4,224 | +€5,624 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,401 | €4,224 | +€5,624 |
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 10 October 2026 via checked.be.