SHK: what changed
Two fiscal 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.
SHK
Largest movements
- Receivables within one year -€39,803
down €39,803 (-73.8%), from €53,970 to €14,167
of which Trade receivables: -€25,596
- Cash -€5,048
down €5,048 (-94.3%), from €5,353 to €305
mainly Trade debts (-€43,823) and Net result for the year (-€1,028)
- Trade debts -€43,823
down €43,823 (-94.5%), from €46,370 to €2,547
- Profit (loss) carried forward -€1,028
down €1,028 (-11.6%), from €8,838 to €7,810
- Purchases and services -€190,156
down €190,156 (-98.7%), from €192,753 to €2,598
- Turnover -€167,443
no longer reported in 2024 (was €167,443)
- Gross operating margin +€22,713
up €22,713 (+89.7%), from -€25,310 to -€2,598
- Financial income +€1,796
new in 2024: €1,796
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 | €75,659 | €30,808 | -€44,851 | -59.3% |
| Fixed assets | 21/28 | €9,025 | €9,025 | = | 0.0% |
| Financial fixed assets | 28 | €9,025 | €9,025 | = | 0.0% |
| Current assets | 29/58 | €66,634 | €21,783 | -€44,851 | -67.3% |
| Amounts receivable within one year | 40/41 | €53,970 | €14,167 | -€39,803 | -73.8% |
| Trade receivables | 40 | €25,596 | - | -€25,596 | |
| Other amounts receivable | 41 | €28,373 | €14,167 | -€14,207 | -50.1% |
| Current investments | 50/53 | €2,812 | €2,812 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,353 | €305 | -€5,048 | -94.3% |
| Deferred charges and accrued income | 490/1 | €4,500 | €4,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €75,659 | €30,808 | -€44,851 | -59.3% |
| Equity | 10/15 | €29,289 | €28,261 | -€1,028 | -3.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,838 | €7,810 | -€1,028 | -11.6% |
| Amounts payable | 17/49 | €46,370 | €2,547 | -€43,823 | -94.5% |
| Amounts payable within one year | 42/48 | €46,370 | €2,547 | -€43,823 | -94.5% |
| Trade debts | 44 | €46,370 | €2,547 | -€43,823 | -94.5% |
| Suppliers | 440/4 | €46,370 | €2,547 | -€43,823 | -94.5% |
| Turnover | 70 | €167,443 | - | -€167,443 | |
| Goods, raw materials, services and sundry goods | 60/61 | €192,753 | €2,598 | -€190,156 | -98.7% |
| Other operating charges | 640/8 | €1,286 | - | -€1,286 | |
| Gross operating margin | 9900 | -€25,310 | -€2,598 | +€22,713 | +89.7% |
| Operating profit (loss) | 9901 | -€26,597 | -€2,598 | +€23,999 | +90.2% |
| Financial income | 75/76B | - | €1,796 | +€1,796 | |
| Recurring financial income | 75 | - | €1,796 | +€1,796 | |
| Financial charges | 65/66B | €120 | €226 | +€106 | +88.2% |
| Recurring financial charges | 65 | €120 | €226 | +€106 | +88.2% |
| Profit (loss) for the period before taxes | 9903 | -€26,717 | -€1,028 | +€25,689 | +96.2% |
| Profit (loss) for the period | 9904 | -€26,717 | -€1,028 | +€25,689 | +96.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,717 | -€1,028 | +€25,689 | +96.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.