SHOP-PING.BE: 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.
SHOP-PING.BE
Largest movements
- Stocks and contracts +€59,898
up €59,898 (+17.5%), from €341,803 to €401,701
- Tangible fixed assets -€28,981
down €28,981 (-9.2%), from €315,179 to €286,198
of which Other tangible fixed assets: -€28,544
- Receivables within one year +€22,402
up €22,402 (+42.7%), from €52,513 to €74,915
of which Trade receivables: +€19,478
- Cash -€15,343
down €15,343 (-85.5%), from €17,948 to €2,605
mainly Stocks and contracts (-€59,898) and Debts after one year (-€34,749)
- Short-term financial debts +€36,695
up €36,695 (+1,244%), from €2,949 to €39,644
of which Credit institutions: +€37,106
- Debts after one year -€34,749
down €34,749 (-11.7%), from €296,036 to €261,287
of which Financial debts: -€34,749
- Tax, wage and social debts +€18,774
up €18,774 (+42.2%), from €44,443 to €63,216
of which Remuneration and social security: +€17,553
- Profit (loss) carried forward +€17,583
up €17,583 (+8.2%), from €213,591 to €231,174
- Staff costs +€41,879
up €41,879 (+118%), from €35,630 to €77,509
- Gross operating margin +€20,404
up €20,404 (+12.9%), from €157,864 to €178,269
- Financial charges +€6,460
up €6,460 (+23.6%), from €27,357 to €33,817
- Taxes -€5,275
down €5,275 (-61.5%), from €8,576 to €3,301
- Depreciation +€4,435
up €4,435 (+9.3%), from €47,927 to €52,362
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 | €783,604 | €828,922 | +€45,318 | +5.8% |
| Fixed assets | 21/28 | €359,374 | €334,329 | -€25,046 | -7.0% |
| Intangible fixed assets | 21 | €43,927 | €47,862 | +€3,935 | +9.0% |
| Tangible fixed assets | 22/27 | €315,179 | €286,198 | -€28,981 | -9.2% |
| Furniture and vehicles | 24 | €3,178 | €2,741 | -€437 | -13.7% |
| Other tangible fixed assets | 26 | €312,001 | €283,457 | -€28,544 | -9.1% |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €424,230 | €494,593 | +€70,364 | +16.6% |
| Stocks and contracts in progress | 3 | €341,803 | €401,701 | +€59,898 | +17.5% |
| Stocks | 30/36 | €341,803 | €401,701 | +€59,898 | +17.5% |
| Amounts receivable within one year | 40/41 | €52,513 | €74,915 | +€22,402 | +42.7% |
| Trade receivables | 40 | €46,463 | €65,941 | +€19,478 | +41.9% |
| Other amounts receivable | 41 | €6,050 | €8,974 | +€2,924 | +48.3% |
| Cash at bank and in hand | 54/58 | €17,948 | €2,605 | -€15,343 | -85.5% |
| Deferred charges and accrued income | 490/1 | €11,966 | €15,373 | +€3,407 | +28.5% |
| Total equity and liabilities | 10/49 | €783,604 | €828,922 | +€45,318 | +5.8% |
| Equity | 10/15 | €233,594 | €251,178 | +€17,583 | +7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,404 | €1,404 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,404 | €1,404 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,404 | €1,404 | = | 0.0% |
| Profit (loss) carried forward | 14 | €213,591 | €231,174 | +€17,583 | +8.2% |
| Amounts payable | 17/49 | €550,010 | €577,744 | +€27,735 | +5.0% |
| Amounts payable after more than one year | 17 | €296,036 | €261,287 | -€34,749 | -11.7% |
| Financial debts | 170/4 | €265,736 | €230,987 | -€34,749 | -13.1% |
| Other amounts payable | 178/9 | €30,300 | €30,300 | = | 0.0% |
| Amounts payable within one year | 42/48 | €250,883 | €313,753 | +€62,870 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €34,920 | €36,353 | +€1,433 | +4.1% |
| Financial debts | 43 | €2,949 | €39,644 | +€36,695 | +1,244% |
| Credit institutions | 430/8 | €0 | €37,106 | +€37,106 | |
| Other loans | 439 | €2,949 | €2,537 | -€412 | -14.0% |
| Trade debts | 44 | €61,354 | €67,462 | +€6,109 | +10.0% |
| Suppliers | 440/4 | €61,354 | €67,462 | +€6,109 | +10.0% |
| Advances received on contracts in progress | 46 | €548 | €5,089 | +€4,541 | +828% |
| Taxes, remuneration and social security | 45 | €44,443 | €63,216 | +€18,774 | +42.2% |
| Taxes | 450/3 | €41,517 | €42,737 | +€1,220 | +2.9% |
| Remuneration and social security | 454/9 | €2,926 | €20,479 | +€17,553 | +600% |
| Other amounts payable | 47/48 | €106,669 | €101,988 | -€4,681 | -4.4% |
| Accrued charges and deferred income | 492/3 | €3,091 | €2,705 | -€386 | -12.5% |
| Remuneration, social security and pensions | 62 | €35,630 | €77,509 | +€41,879 | +118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,927 | €52,362 | +€4,435 | +9.3% |
| Other operating charges | 640/8 | €228 | €128 | -€100 | -44.0% |
| Gross operating margin | 9900 | €157,864 | €178,269 | +€20,404 | +12.9% |
| Operating profit (loss) | 9901 | €74,079 | €48,270 | -€25,809 | -34.8% |
| Financial income | 75/76B | €5,222 | €6,431 | +€1,209 | +23.2% |
| Recurring financial income | 75 | €5,222 | €6,431 | +€1,209 | +23.2% |
| Financial charges | 65/66B | €27,357 | €33,817 | +€6,460 | +23.6% |
| Recurring financial charges | 65 | €27,357 | €33,817 | +€6,460 | +23.6% |
| Profit (loss) for the period before taxes | 9903 | €51,944 | €20,884 | -€31,060 | -59.8% |
| Income taxes | 67/77 | €8,576 | €3,301 | -€5,275 | -61.5% |
| Profit (loss) for the period | 9904 | €43,369 | €17,583 | -€25,785 | -59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,369 | €17,583 | -€25,785 | -59.5% |
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 22 October 2026 via checked.be.