Shipto: 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.
Shipto
Largest movements
- Current investments +€31,388
up €31,388 (+1.1%), from €2.9m to €3.0m
- Trade debts +€70,306
up €70,306 (+56.9%), from €123,493 to €193,798
- Profit (loss) carried forward +€38,294
up €38,294 (+8.6%), from €446,679 to €484,973
- Other debts -€37,569
down €37,569 (-31.4%), from €119,492 to €81,923
- Services and other goods -€244,608
down €244,608 (-28.0%), from €873,847 to €629,239
- Other operating income -€163,590
down €163,590 (-16.4%), from €998,008 to €834,418
- Staff costs +€87,944
up €87,944 (+31.5%), from €279,482 to €367,425
- Turnover -€78,978
down €78,978 (-32.6%), from €242,469 to €163,490
- Write-downs +€21,309
up €21,309, from -€12,197 to €9,113
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,036,779 | €3,091,216 | +€54,436 | +1.8% |
| Current assets | 29/58 | €3,036,779 | €3,091,216 | +€54,436 | +1.8% |
| Amounts receivable within one year | 40/41 | €103,458 | €124,709 | +€21,251 | +20.5% |
| Trade receivables | 40 | €82,595 | €87,704 | +€5,110 | +6.2% |
| Other amounts receivable | 41 | €20,864 | €37,005 | +€16,142 | +77.4% |
| Current investments | 50/53 | €2,932,830 | €2,964,218 | +€31,388 | +1.1% |
| Other investments | 51/53 | €2,932,830 | €2,964,218 | +€31,388 | +1.1% |
| Deferred charges and accrued income | 490/1 | €492 | €2,289 | +€1,797 | +366% |
| Total equity and liabilities | 10/49 | €3,036,779 | €3,091,216 | +€54,436 | +1.8% |
| Equity | 10/15 | €2,774,446 | €2,814,756 | +€40,309 | +1.5% |
| Contributions | 10/11 | €2,304,258 | €2,304,258 | = | 0.0% |
| Capital | 10 | €2,304,258 | €2,304,258 | = | 0.0% |
| Issued capital | 100 | €2,304,258 | €2,304,258 | = | 0.0% |
| Reserves | 13 | €23,509 | €25,525 | +€2,015 | +8.6% |
| Non-distributable reserves | 130/1 | €23,509 | €25,525 | +€2,015 | +8.6% |
| Legal reserve | 130 | €23,509 | €25,525 | +€2,015 | +8.6% |
| Profit (loss) carried forward | 14 | €446,679 | €484,973 | +€38,294 | +8.6% |
| Amounts payable | 17/49 | €262,333 | €276,460 | +€14,127 | +5.4% |
| Amounts payable within one year | 42/48 | €262,333 | €276,460 | +€14,127 | +5.4% |
| Trade debts | 44 | €123,493 | €193,798 | +€70,306 | +56.9% |
| Suppliers | 440/4 | €123,493 | €193,798 | +€70,306 | +56.9% |
| Taxes, remuneration and social security | 45 | €19,348 | €738 | -€18,610 | -96.2% |
| Taxes | 450/3 | €738 | €738 | = | 0.0% |
| Remuneration and social security | 454/9 | €18,610 | - | -€18,610 | |
| Other amounts payable | 47/48 | €119,492 | €81,923 | -€37,569 | -31.4% |
| Operating income | 70/76A | €1,574,722 | €997,908 | -€576,813 | -36.6% |
| Turnover | 70 | €242,469 | €163,490 | -€78,978 | -32.6% |
| Other operating income | 74 | €998,008 | €834,418 | -€163,590 | -16.4% |
| Non-recurring operating income | 76A | €334,245 | - | -€334,245 | |
| Operating charges | 60/66A | €1,144,955 | €1,007,101 | -€137,855 | -12.0% |
| Goods for resale, raw materials and consumables | 60 | - | €0 | = | |
| Purchases | 600/8 | - | €0 | = | |
| Services and other goods | 61 | €873,847 | €629,239 | -€244,608 | -28.0% |
| Remuneration, social security and pensions | 62 | €279,482 | €367,425 | +€87,944 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,444 | €0 | -€2,444 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€12,197 | €9,113 | +€21,309 | |
| Other operating charges | 640/8 | €1,379 | €1,323 | -€55 | -4.0% |
| Operating profit (loss) | 9901 | €429,766 | -€9,192 | -€438,958 | |
| Financial income | 75/76B | €65,339 | €65,359 | +€20 | 0.0% |
| Recurring financial income | 75 | €65,339 | €65,359 | +€20 | 0.0% |
| Income from current assets | 751 | €65,339 | €65,359 | +€20 | 0.0% |
| Financial charges | 65/66B | €24,917 | €15,857 | -€9,060 | -36.4% |
| Recurring financial charges | 65 | €24,917 | €15,857 | -€9,060 | -36.4% |
| Other financial charges | 652/9 | €24,917 | €15,857 | -€9,060 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €470,188 | €40,309 | -€429,879 | -91.4% |
| Profit (loss) for the period | 9904 | €470,188 | €40,309 | -€429,879 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €470,188 | €40,309 | -€429,879 | -91.4% |
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 22 October 2026 via checked.be.