SHOOTERS: 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.
SHOOTERS
Largest movements
- Tangible fixed assets -€33,610
down €33,610 (-16.5%), from €203,373 to €169,763
of which Land and buildings: -€19,947
- Cash -€6,397
down €6,397 (-5.8%), from €110,378 to €103,980
mainly Contributions, distributions and other (-€34,734) and Debts after one year (-€22,232)
- Receivables within one year +€5,110
up €5,110 (+17.3%), from €29,612 to €34,722
of which Other amounts receivable: +€5,217
- Debts after one year -€22,232
down €22,232 (-15.4%), from €144,711 to €122,479
- Reserves -€17,345
down €17,345 (-18.2%), from €95,217 to €77,872
of which Distributable reserves: -€17,345
- Trade debts +€5,592
up €5,592 (+20.1%), from €27,783 to €33,375
- Gross operating margin +€14,042
up €14,042 (+7.1%), from €199,032 to €213,074
- Staff costs +€11,780
up €11,780 (+9.2%), from €127,712 to €139,491
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 | €349,751 | €317,695 | -€32,057 | -9.2% |
| Fixed assets | 21/28 | €205,211 | €171,601 | -€33,610 | -16.4% |
| Tangible fixed assets | 22/27 | €203,373 | €169,763 | -€33,610 | -16.5% |
| Land and buildings | 22 | €136,935 | €116,989 | -€19,947 | -14.6% |
| Plant, machinery and equipment | 23 | €36,564 | €26,416 | -€10,148 | -27.8% |
| Furniture and vehicles | 24 | €29,874 | €26,359 | -€3,516 | -11.8% |
| Financial fixed assets | 28 | €1,837 | €1,837 | = | 0.0% |
| Current assets | 29/58 | €144,541 | €146,094 | +€1,554 | +1.1% |
| Stocks and contracts in progress | 3 | €3,695 | €6,135 | +€2,439 | +66.0% |
| Stocks | 30/36 | €3,695 | €6,135 | +€2,439 | +66.0% |
| Amounts receivable within one year | 40/41 | €29,612 | €34,722 | +€5,110 | +17.3% |
| Trade receivables | 40 | €4,464 | €4,357 | -€107 | -2.4% |
| Other amounts receivable | 41 | €25,148 | €30,365 | +€5,217 | +20.7% |
| Cash at bank and in hand | 54/58 | €110,378 | €103,980 | -€6,397 | -5.8% |
| Deferred charges and accrued income | 490/1 | €855 | €1,257 | +€402 | +47.0% |
| Total equity and liabilities | 10/49 | €349,751 | €317,695 | -€32,057 | -9.2% |
| Equity | 10/15 | €132,717 | €115,372 | -€17,345 | -13.1% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €95,217 | €77,872 | -€17,345 | -18.2% |
| Non-distributable reserves | 130/1 | €480 | €480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €480 | €480 | = | 0.0% |
| Distributable reserves | 133 | €94,737 | €77,391 | -€17,345 | -18.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €217,034 | €202,323 | -€14,711 | -6.8% |
| Amounts payable after more than one year | 17 | €144,711 | €122,479 | -€22,232 | -15.4% |
| Financial debts | 170/4 | €144,711 | €122,479 | -€22,232 | -15.4% |
| Amounts payable within one year | 42/48 | €71,955 | €79,844 | +€7,889 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €21,208 | €22,232 | +€1,024 | +4.8% |
| Trade debts | 44 | €27,783 | €33,375 | +€5,592 | +20.1% |
| Suppliers | 440/4 | €27,783 | €33,375 | +€5,592 | +20.1% |
| Advances received on contracts in progress | 46 | €0 | €826 | +€826 | |
| Taxes, remuneration and social security | 45 | €22,964 | €21,181 | -€1,783 | -7.8% |
| Taxes | 450/3 | €10,130 | €11,546 | +€1,416 | +14.0% |
| Remuneration and social security | 454/9 | €12,834 | €9,635 | -€3,199 | -24.9% |
| Other amounts payable | 47/48 | - | €2,230 | +€2,230 | |
| Accrued charges and deferred income | 492/3 | €368 | €0 | -€368 | -100% |
| Remuneration, social security and pensions | 62 | €127,712 | €139,491 | +€11,780 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,744 | €38,693 | -€2,051 | -5.0% |
| Other operating charges | 640/8 | €1,977 | €1,899 | -€78 | -3.9% |
| Gross operating margin | 9900 | €199,032 | €213,074 | +€14,042 | +7.1% |
| Operating profit (loss) | 9901 | €28,600 | €32,991 | +€4,391 | +15.4% |
| Financial income | 75/76B | €622 | €228 | -€395 | -63.4% |
| Recurring financial income | 75 | €622 | €228 | -€395 | -63.4% |
| Financial charges | 65/66B | €8,932 | €7,957 | -€975 | -10.9% |
| Recurring financial charges | 65 | €8,932 | €7,957 | -€975 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €20,290 | €25,261 | +€4,971 | +24.5% |
| Income taxes | 67/77 | €6,006 | €7,873 | +€1,866 | +31.1% |
| Profit (loss) for the period | 9904 | €14,284 | €17,389 | +€3,105 | +21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,284 | €17,389 | +€3,105 | +21.7% |
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 14 October 2026 via checked.be.