SHKUMBIN: 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.
SHKUMBIN
Largest movements
- Receivables within one year +€1,092
up €1,092 (+223%), from €490 to €1,582
of which Trade receivables: +€1,176
- Cash +€642
up €642 (+45.4%), from €1,413 to €2,054
mainly Tax, wage and social debts (+€24,959) and Other debts (+€8,770)
- Profit (loss) carried forward -€36,039
down €36,039 (-325%), from -€11,073 to -€47,112
- Tax, wage and social debts +€24,959
up €24,959 (+681%), from €3,667 to €28,625
of which Taxes: +€17,737
- Other debts +€8,770
up €8,770 (+29.5%), from €29,685 to €38,455
- Trade debts +€4,175
up €4,175 (+261%), from €1,602 to €5,776
- Staff costs +€22,291
up €22,291 (+74.6%), from €29,893 to €52,184
- Gross operating margin +€5,536
up €5,536 (+17.8%), from €31,161 to €36,697
- Other operating charges +€1,467
up €1,467 (+25.2%), from €5,820 to €7,287
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 | €26,881 | €28,745 | +€1,864 | +6.9% |
| Fixed assets | 21/28 | €24,978 | €25,108 | +€130 | +0.5% |
| Tangible fixed assets | 22/27 | €9,228 | €9,358 | +€130 | +1.4% |
| Plant, machinery and equipment | 23 | €9,161 | €5,255 | -€3,906 | -42.6% |
| Furniture and vehicles | 24 | €67 | €4,104 | +€4,036 | +5,984% |
| Financial fixed assets | 28 | €15,750 | €15,750 | = | 0.0% |
| Current assets | 29/58 | €1,903 | €3,636 | +€1,734 | +91.1% |
| Amounts receivable within one year | 40/41 | €490 | €1,582 | +€1,092 | +223% |
| Trade receivables | 40 | - | €1,176 | +€1,176 | |
| Other amounts receivable | 41 | €490 | €406 | -€85 | -17.2% |
| Cash at bank and in hand | 54/58 | €1,413 | €2,054 | +€642 | +45.4% |
| Total equity and liabilities | 10/49 | €26,881 | €28,745 | +€1,864 | +6.9% |
| Equity | 10/15 | -€8,073 | -€44,112 | -€36,039 | -446% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,073 | -€47,112 | -€36,039 | -325% |
| Amounts payable | 17/49 | €34,954 | €72,857 | +€37,903 | +108% |
| Amounts payable within one year | 42/48 | €34,954 | €72,857 | +€37,903 | +108% |
| Trade debts | 44 | €1,602 | €5,776 | +€4,175 | +261% |
| Suppliers | 440/4 | €1,602 | €5,776 | +€4,175 | +261% |
| Taxes, remuneration and social security | 45 | €3,667 | €28,625 | +€24,959 | +681% |
| Taxes | 450/3 | €466 | €18,203 | +€17,737 | +3,805% |
| Remuneration and social security | 454/9 | €3,201 | €10,422 | +€7,222 | +226% |
| Other amounts payable | 47/48 | €29,685 | €38,455 | +€8,770 | +29.5% |
| Non-recurring operating income | 76A | €5,318 | €9,504 | +€4,186 | +78.7% |
| Remuneration, social security and pensions | 62 | €29,893 | €52,184 | +€22,291 | +74.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,030 | €4,152 | +€122 | +3.0% |
| Other operating charges | 640/8 | €5,820 | €7,287 | +€1,467 | +25.2% |
| Non-recurring operating charges | 66A | €3,369 | €4,834 | +€1,465 | +43.5% |
| Gross operating margin | 9900 | €31,161 | €36,697 | +€5,536 | +17.8% |
| Operating profit (loss) | 9901 | -€11,951 | -€31,761 | -€19,809 | -166% |
| Financial income | 75/76B | €351 | €25 | -€326 | -92.9% |
| Recurring financial income | 75 | €351 | €25 | -€326 | -92.9% |
| Financial charges | 65/66B | €4,174 | €4,304 | +€130 | +3.1% |
| Recurring financial charges | 65 | €4,174 | €4,304 | +€130 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,774 | -€36,039 | -€20,265 | -128% |
| Profit (loss) for the period | 9904 | -€15,774 | -€36,039 | -€20,265 | -128% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,774 | -€36,039 | -€20,265 | -128% |
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 23 October 2026 via checked.be.