SHOE KID'S: what changed
SHOE KID'S
Largest movements
- Cash +€82,961
up €82,961 (+23.4%), from €355,288 to €438,249
mainly Net result for the year (+€56,282) and Tax, wage and social debts (+€26,799)
- Stocks and contracts -€15,800
down €15,800 (-8.0%), from €197,351 to €181,551
- Reserves +€50,000
up €50,000 (+16.7%), from €298,847 to €348,847
- Trade debts -€37,467
down €37,467 (-74.8%), from €50,112 to €12,645
- Tax, wage and social debts +€26,799
up €26,799 (+64.9%), from €41,317 to €68,115
of which Remuneration and social security: +€50,421
- Other debts +€13,896
up €13,896 (+28.1%), from €49,530 to €63,427
- Gross operating margin -€5,970
down €5,970 (-3.1%), from €189,975 to €184,005
- Staff costs -€3,807
down €3,807 (-3.5%), from €107,554 to €103,748
- Taxes -€2,617
down €2,617 (-8.5%), from €30,626 to €28,010
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €581,555 | €641,065 | +€59,510 | +10.2% |
| Fixed assets | 21/28 | €6,063 | €3,792 | -€2,271 | -37.5% |
| Tangible fixed assets | 22/27 | €6,063 | €3,792 | -€2,271 | -37.5% |
| Furniture and vehicles | 24 | €6,063 | €3,792 | -€2,271 | -37.5% |
| Current assets | 29/58 | €575,492 | €637,273 | +€61,781 | +10.7% |
| Stocks and contracts in progress | 3 | €197,351 | €181,551 | -€15,800 | -8.0% |
| Stocks | 30/36 | €197,351 | €181,551 | -€15,800 | -8.0% |
| Amounts receivable within one year | 40/41 | €22,853 | €17,474 | -€5,380 | -23.5% |
| Trade receivables | 40 | €14,447 | €9,068 | -€5,380 | -37.2% |
| Other amounts receivable | 41 | €8,406 | €8,406 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €355,288 | €438,249 | +€82,961 | +23.4% |
| Total equity and liabilities | 10/49 | €581,555 | €641,065 | +€59,510 | +10.2% |
| Equity | 10/15 | €440,596 | €496,879 | +€56,282 | +12.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €298,847 | €348,847 | +€50,000 | +16.7% |
| Distributable reserves | 133 | €298,847 | €348,847 | +€50,000 | +16.7% |
| Profit (loss) carried forward | 14 | €123,157 | €129,440 | +€6,282 | +5.1% |
| Amounts payable | 17/49 | €140,959 | €144,187 | +€3,228 | +2.3% |
| Amounts payable within one year | 42/48 | €140,959 | €144,187 | +€3,228 | +2.3% |
| Trade debts | 44 | €50,112 | €12,645 | -€37,467 | -74.8% |
| Suppliers | 440/4 | €50,112 | €12,645 | -€37,467 | -74.8% |
| Taxes, remuneration and social security | 45 | €41,317 | €68,115 | +€26,799 | +64.9% |
| Taxes | 450/3 | €32,998 | €9,375 | -€23,622 | -71.6% |
| Remuneration and social security | 454/9 | €8,319 | €58,740 | +€50,421 | +606% |
| Other amounts payable | 47/48 | €49,530 | €63,427 | +€13,896 | +28.1% |
| Remuneration, social security and pensions | 62 | €107,554 | €103,748 | -€3,807 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,500 | €2,271 | +€771 | +51.4% |
| Other operating charges | 640/8 | €2,299 | €1,237 | -€1,062 | -46.2% |
| Gross operating margin | 9900 | €189,975 | €184,005 | -€5,970 | -3.1% |
| Operating profit (loss) | 9901 | €78,622 | €76,750 | -€1,873 | -2.4% |
| Financial income | 75/76B | €8,717 | €8,572 | -€145 | -1.7% |
| Recurring financial income | 75 | €8,717 | €8,572 | -€145 | -1.7% |
| Financial charges | 65/66B | €570 | €1,030 | +€460 | +80.6% |
| Recurring financial charges | 65 | €570 | €1,030 | +€460 | +80.6% |
| Profit (loss) for the period before taxes | 9903 | €86,770 | €84,292 | -€2,478 | -2.9% |
| Income taxes | 67/77 | €30,626 | €28,010 | -€2,617 | -8.5% |
| Profit (loss) for the period | 9904 | €56,143 | €56,282 | +€139 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,143 | €56,282 | +€139 | +0.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.