SHOE-BIZZ: 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.
SHOE-BIZZ
Largest movements
- Cash -€156,066
down €156,066 (-72.8%), from €214,234 to €58,168
mainly Current investments (-€100,000) and Other debts (-€30,706)
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets -€35,929
down €35,929 (-30.0%), from €119,649 to €83,721
of which Land and buildings: -€21,582
- Stocks and contracts -€18,342
down €18,342 (-10.5%), from €175,157 to €156,815
- Receivables within one year +€6,592
up €6,592 (+827%), from €797 to €7,389
of which Other amounts receivable: +€5,714
- Other debts -€30,706
down €30,706 (-39.0%), from €78,723 to €48,017
- Tax, wage and social debts -€24,712
down €24,712 (-49.4%), from €49,974 to €25,262
of which Taxes: -€28,541
- Debts after one year -€24,080
down €24,080 (-100%), from €24,080 to €0
- Trade debts -€13,503
down €13,503 (-51.9%), from €26,025 to €12,522
- Taxes -€34,179
down €34,179 (-98.0%), from €34,860 to €681
- Gross operating margin -€31,496
down €31,496 (-18.3%), from €172,294 to €140,798
- Write-downs +€17,828
up €17,828, from -€7,138 to €10,690
- Staff costs +€12,488
up €12,488 (+33.0%), from €37,901 to €50,389
- Financial charges -€5,764
down €5,764 (-90.8%), from €6,349 to €585
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 | €518,701 | €417,014 | -€101,687 | -19.6% |
| Fixed assets | 21/28 | €122,513 | €86,584 | -€35,929 | -29.3% |
| Tangible fixed assets | 22/27 | €119,649 | €83,721 | -€35,929 | -30.0% |
| Land and buildings | 22 | €77,360 | €55,779 | -€21,582 | -27.9% |
| Plant, machinery and equipment | 23 | €3,034 | €1,235 | -€1,800 | -59.3% |
| Furniture and vehicles | 24 | €39,254 | €26,707 | -€12,547 | -32.0% |
| Financial fixed assets | 28 | €2,863 | €2,863 | = | 0.0% |
| Current assets | 29/58 | €396,188 | €330,430 | -€65,758 | -16.6% |
| Stocks and contracts in progress | 3 | €175,157 | €156,815 | -€18,342 | -10.5% |
| Stocks | 30/36 | €175,157 | €156,815 | -€18,342 | -10.5% |
| Amounts receivable within one year | 40/41 | €797 | €7,389 | +€6,592 | +827% |
| Trade receivables | 40 | €666 | €1,544 | +€878 | +132% |
| Other amounts receivable | 41 | €131 | €5,845 | +€5,714 | +4,363% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €214,234 | €58,168 | -€156,066 | -72.8% |
| Deferred charges and accrued income | 490/1 | €6,001 | €8,058 | +€2,058 | +34.3% |
| Total equity and liabilities | 10/49 | €518,701 | €417,014 | -€101,687 | -19.6% |
| Equity | 10/15 | €335,481 | €330,867 | -€4,615 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,111 | €311,111 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €298,716 | €298,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,771 | €1,156 | -€4,615 | -80.0% |
| Amounts payable | 17/49 | €183,220 | €86,148 | -€97,072 | -53.0% |
| Amounts payable after more than one year | 17 | €24,080 | €0 | -€24,080 | -100% |
| Financial debts | 170/4 | €24,080 | €0 | -€24,080 | -100% |
| Amounts payable within one year | 42/48 | €154,743 | €85,801 | -€68,941 | -44.6% |
| Financial debts | 43 | €20 | €0 | -€20 | -100% |
| Credit institutions | 430/8 | €20 | €0 | -€20 | -100% |
| Trade debts | 44 | €26,025 | €12,522 | -€13,503 | -51.9% |
| Suppliers | 440/4 | €26,025 | €12,522 | -€13,503 | -51.9% |
| Taxes, remuneration and social security | 45 | €49,974 | €25,262 | -€24,712 | -49.4% |
| Taxes | 450/3 | €43,534 | €14,993 | -€28,541 | -65.6% |
| Remuneration and social security | 454/9 | €6,441 | €10,269 | +€3,828 | +59.4% |
| Other amounts payable | 47/48 | €78,723 | €48,017 | -€30,706 | -39.0% |
| Accrued charges and deferred income | 492/3 | €4,397 | €346 | -€4,050 | -92.1% |
| Non-recurring operating income | 76A | €622 | €634 | +€12 | +1.9% |
| Remuneration, social security and pensions | 62 | €37,901 | €50,389 | +€12,488 | +33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,852 | €35,929 | +€77 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,138 | €10,690 | +€17,828 | |
| Other operating charges | 640/8 | €1,230 | €1,479 | +€249 | +20.2% |
| Non-recurring operating charges | 66A | - | €58,460 | +€58,460 | |
| Gross operating margin | 9900 | €172,294 | €140,798 | -€31,496 | -18.3% |
| Operating profit (loss) | 9901 | €104,449 | -€16,148 | -€120,597 | |
| Financial income | 75/76B | €7,704 | €12,800 | +€5,095 | +66.1% |
| Recurring financial income | 75 | €7,704 | €12,800 | +€5,095 | +66.1% |
| Financial charges | 65/66B | €6,349 | €585 | -€5,764 | -90.8% |
| Recurring financial charges | 65 | €6,349 | €585 | -€5,764 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | €105,804 | -€3,934 | -€109,738 | |
| Income taxes | 67/77 | €34,860 | €681 | -€34,179 | -98.0% |
| Profit (loss) for the period | 9904 | €70,944 | -€4,615 | -€75,559 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,944 | -€4,615 | -€75,559 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.