Shiny Shakers: 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.
Shiny Shakers
Largest movements
- Receivables within one year +€31,311
up €31,311 (+60.4%), from €51,822 to €83,133
of which Other amounts receivable: +€33,781
- Cash -€3,863
down €3,863 (-73.3%), from €5,273 to €1,411
mainly Receivables within one year (-€31,311) and Tax, wage and social debts (-€4,937)
- Reserves +€33,379
up €33,379 (+72.3%), from €46,139 to €79,518
- Tax, wage and social debts -€4,937
down €4,937 (-65.2%), from €7,573 to €2,636
- Trade debts -€1,449
down €1,449 (-79.2%), from €1,828 to €380
- Gross operating margin -€22,724
down €22,724 (-35.8%), from €63,456 to €40,732
- Taxes -€7,189
down €7,189 (-45.6%), from €15,775 to €8,586
- Financial income +€3,031
up €3,031 (+30,313,400%), from €0 to €3,031
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 | €59,900 | €86,866 | +€26,967 | +45.0% |
| Fixed assets | 21/28 | €2,777 | €2,295 | -€482 | -17.4% |
| Tangible fixed assets | 22/27 | €1,277 | €795 | -€482 | -37.7% |
| Furniture and vehicles | 24 | €1,277 | €795 | -€482 | -37.7% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €57,123 | €84,572 | +€27,449 | +48.1% |
| Amounts receivable within one year | 40/41 | €51,822 | €83,133 | +€31,311 | +60.4% |
| Trade receivables | 40 | €16,820 | €14,350 | -€2,470 | -14.7% |
| Other amounts receivable | 41 | €35,002 | €68,783 | +€33,781 | +96.5% |
| Cash at bank and in hand | 54/58 | €5,273 | €1,411 | -€3,863 | -73.3% |
| Deferred charges and accrued income | 490/1 | €28 | €28 | = | 0.0% |
| Total equity and liabilities | 10/49 | €59,900 | €86,866 | +€26,967 | +45.0% |
| Equity | 10/15 | €48,139 | €81,518 | +€33,379 | +69.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,139 | €79,518 | +€33,379 | +72.3% |
| Distributable reserves | 133 | €46,139 | €79,518 | +€33,379 | +72.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €11,761 | €5,349 | -€6,412 | -54.5% |
| Amounts payable within one year | 42/48 | €11,761 | €5,349 | -€6,412 | -54.5% |
| Trade debts | 44 | €1,828 | €380 | -€1,449 | -79.2% |
| Suppliers | 440/4 | €1,828 | €380 | -€1,449 | -79.2% |
| Taxes, remuneration and social security | 45 | €7,573 | €2,636 | -€4,937 | -65.2% |
| Taxes | 450/3 | €7,573 | €2,636 | -€4,937 | -65.2% |
| Other amounts payable | 47/48 | €2,359 | €2,333 | -€26 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169 | €482 | +€313 | +185% |
| Other operating charges | 640/8 | €437 | €411 | -€26 | -5.9% |
| Gross operating margin | 9900 | €63,456 | €40,732 | -€22,724 | -35.8% |
| Operating profit (loss) | 9901 | €62,850 | €39,839 | -€23,011 | -36.6% |
| Financial income | 75/76B | €0 | €3,031 | +€3,031 | +30,313,400% |
| Recurring financial income | 75 | €0 | €3,031 | +€3,031 | +30,313,400% |
| Financial charges | 65/66B | €77 | €72 | -€5 | -6.0% |
| Recurring financial charges | 65 | €77 | €72 | -€5 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €62,773 | €42,798 | -€19,975 | -31.8% |
| Income taxes | 67/77 | €15,775 | €8,586 | -€7,189 | -45.6% |
| Profit (loss) for the period | 9904 | €46,998 | €34,212 | -€12,786 | -27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,998 | €34,212 | -€12,786 | -27.2% |
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.