SHOCKWAVE: 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.
SHOCKWAVE
Largest movements
- Cash -€2,237
down €2,237 (-65.9%), from €3,393 to €1,155
mainly Net result for the year (-€2,196) and Receivables within one year (-€713)
- Tangible fixed assets -€810
down €810 (-11.1%), from €7,294 to €6,484
- Receivables within one year +€713
up €713 (+407%), from €175 to €889
of which Trade receivables: +€666
- Profit (loss) carried forward -€2,196
down €2,196 (-4.6%), from -€47,854 to -€50,049
- Tax, wage and social debts -€181
no longer reported in 2024 (was €181)
- Depreciation -€2,473
down €2,473 (-75.3%), from €3,283 to €810
- Gross operating margin +€837
up €837 (+50.1%), from -€1,669 to -€832
- Financial charges +€77
up €77 (+86.7%), from €89 to €166
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.
Derived cash bridge
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 | €14,046 | €11,711 | -€2,334 | -16.6% |
| Fixed assets | 21/28 | €7,294 | €6,484 | -€810 | -11.1% |
| Tangible fixed assets | 22/27 | €7,294 | €6,484 | -€810 | -11.1% |
| Plant, machinery and equipment | 23 | €7,294 | €6,484 | -€810 | -11.1% |
| Current assets | 29/58 | €6,751 | €5,228 | -€1,524 | -22.6% |
| Stocks and contracts in progress | 3 | €3,100 | €3,100 | = | 0.0% |
| Stocks | 30/36 | €3,100 | €3,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €175 | €889 | +€713 | +407% |
| Trade receivables | 40 | €175 | €841 | +€666 | +380% |
| Other amounts receivable | 41 | - | €48 | +€48 | |
| Cash at bank and in hand | 54/58 | €3,393 | €1,155 | -€2,237 | -65.9% |
| Deferred charges and accrued income | 490/1 | €84 | €84 | = | 0.0% |
| Total equity and liabilities | 10/49 | €14,046 | €11,711 | -€2,334 | -16.6% |
| Equity | 10/15 | -€41,654 | -€43,849 | -€2,196 | -5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,854 | -€50,049 | -€2,196 | -4.6% |
| Amounts payable | 17/49 | €55,699 | €55,561 | -€139 | -0.2% |
| Amounts payable within one year | 42/48 | €55,699 | €55,561 | -€139 | -0.2% |
| Trade debts | 44 | €4,558 | €4,601 | +€43 | +0.9% |
| Suppliers | 440/4 | €4,558 | €4,601 | +€43 | +0.9% |
| Taxes, remuneration and social security | 45 | €181 | - | -€181 | |
| Taxes | 450/3 | €181 | - | -€181 | |
| Other amounts payable | 47/48 | €50,960 | €50,960 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,283 | €810 | -€2,473 | -75.3% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€1,669 | -€832 | +€837 | +50.1% |
| Operating profit (loss) | 9901 | -€5,336 | -€2,030 | +€3,307 | +62.0% |
| Financial charges | 65/66B | €89 | €166 | +€77 | +86.7% |
| Recurring financial charges | 65 | €89 | €166 | +€77 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,425 | -€2,196 | +€3,230 | +59.5% |
| Profit (loss) for the period | 9904 | -€5,425 | -€2,196 | +€3,230 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,425 | -€2,196 | +€3,230 | +59.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.