SHINRAI: 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.
SHINRAI
Largest movements
- Cash -€103,257
down €103,257 (-30.7%), from €336,701 to €233,445
mainly Contributions, distributions and other (-€72,568) and Net result for the year (-€31,148)
- Receivables within one year -€15,499
down €15,499 (-89.7%), from €17,288 to €1,789
of which Trade receivables: -€16,200
- Reserves -€98,564
down €98,564 (-31.0%), from €318,048 to €219,484
- Tax, wage and social debts -€16,030
down €16,030 (-92.4%), from €17,343 to €1,313
- Profit (loss) carried forward -€5,152
new in 2025: -€5,152
- Gross operating margin -€105,468
down €105,468, from €75,051 to -€30,417
- Taxes -€13,084
down €13,084 (-96.6%), from €13,542 to €459
- Financial income +€1,504
up €1,504 (+228%), from €659 to €2,163
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 | €355,669 | €236,913 | -€118,756 | -33.4% |
| Current assets | 29/58 | €355,669 | €236,913 | -€118,756 | -33.4% |
| Amounts receivable within one year | 40/41 | €17,288 | €1,789 | -€15,499 | -89.7% |
| Trade receivables | 40 | €16,200 | - | -€16,200 | |
| Other amounts receivable | 41 | €1,088 | €1,789 | +€701 | +64.4% |
| Cash at bank and in hand | 54/58 | €336,701 | €233,445 | -€103,257 | -30.7% |
| Deferred charges and accrued income | 490/1 | €1,680 | €1,680 | = | 0.0% |
| Total equity and liabilities | 10/49 | €355,669 | €236,913 | -€118,756 | -33.4% |
| Equity | 10/15 | €336,648 | €232,932 | -€103,716 | -30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €318,048 | €219,484 | -€98,564 | -31.0% |
| Distributable reserves | 133 | €318,048 | €219,484 | -€98,564 | -31.0% |
| Profit (loss) carried forward | 14 | - | -€5,152 | -€5,152 | |
| Amounts payable | 17/49 | €19,021 | €3,981 | -€15,040 | -79.1% |
| Amounts payable within one year | 42/48 | €19,021 | €3,981 | -€15,040 | -79.1% |
| Trade debts | 44 | €1,666 | €2,450 | +€784 | +47.1% |
| Suppliers | 440/4 | €1,666 | €2,450 | +€784 | +47.1% |
| Taxes, remuneration and social security | 45 | €17,343 | €1,313 | -€16,030 | -92.4% |
| Taxes | 450/3 | €17,343 | €1,313 | -€16,030 | -92.4% |
| Other amounts payable | 47/48 | €12 | €218 | +€206 | +1,668% |
| Other operating charges | 640/8 | €749 | €783 | +€34 | +4.5% |
| Gross operating margin | 9900 | €75,051 | -€30,417 | -€105,468 | |
| Operating profit (loss) | 9901 | €74,302 | -€31,199 | -€105,502 | |
| Financial income | 75/76B | €659 | €2,163 | +€1,504 | +228% |
| Recurring financial income | 75 | €659 | €2,163 | +€1,504 | +228% |
| Financial charges | 65/66B | €1,849 | €1,653 | -€196 | -10.6% |
| Recurring financial charges | 65 | €1,849 | €1,653 | -€196 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €73,112 | -€30,689 | -€103,801 | |
| Income taxes | 67/77 | €13,542 | €459 | -€13,084 | -96.6% |
| Profit (loss) for the period | 9904 | €59,570 | -€31,148 | -€90,718 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,570 | -€31,148 | -€90,718 |
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 25 October 2026 via checked.be.