SHOPCO IMMO: 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.
What changed
SHOPCO IMMO
NACE 64.210, Activities of holding companies
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€72,130
2023 · -€272,249+€344,379
Equity
-€2.9m
2023 · -€2.9m+€72,130
Cash
€11,849
2023 · €1,036+€10,813
Balance sheet total
€8.4m
2023 · €8.7m-€290,881
Largest movements
Assets
- Tangible fixed assets -€307,999
down €307,999 (-3.5%), from €8.7m to €8.4m
Equity and liabilities
- Debts after one year -€403,360
down €403,360 (-12.7%), from €3.2m to €2.8m
- Profit (loss) carried forward +€109,808
up €109,808 (+2.2%), from -€5.0m to -€4.9m
Income statement
- Depreciation -€319,219
down €319,219 (-50.9%), from €627,218 to €307,999
- Other operating charges -€14,999
down €14,999 (-16.1%), from €93,388 to €78,389
- Financial charges -€8,892
down €8,892 (-8.5%), from €105,138 to €96,245
- Gross operating margin +€6,655
up €6,655 (+1.2%), from €576,461 to €583,117
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.
Result 2023
-€272,249
Gross operating margin
+€6,655
Depreciation
+€319,219
Other operating charges
+€14,999
Financial income
-€11
Financial charges
+€8,892
Taxes
-€5,376
Result 2024
€72,130
raises the resultlowers the result
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.
From operations
+€418,312
Investment
€0
Financing
-€407,499
Cash 2023
€1,036
From operations (derived)
+€418,312
Net result for the year
+€72,130
Depreciation
+€307,999
Receivables within one year
-€6,304
Provisions
-€16,322
Trade debts
+€36,348
Tax, wage and social debts
+€3,342
Other debts
-€10,000
Accrued charges and deferred income
+€31,120
Financing
-€407,499
Debts after one year
-€403,360
Current portion of long-term debt
+€3,983
Short-term financial debts
-€8,122
Cash 2024
€11,849
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,705,857 | €8,414,976 | -€290,881 | -3.3% |
| Fixed assets | 21/28 | €8,697,618 | €8,389,620 | -€307,999 | -3.5% |
| Tangible fixed assets | 22/27 | €8,697,618 | €8,389,620 | -€307,999 | -3.5% |
| Land and buildings | 22 | €8,697,618 | €8,389,620 | -€307,999 | -3.5% |
| Current assets | 29/58 | €8,239 | €25,356 | +€17,117 | +208% |
| Amounts receivable within one year | 40/41 | €7,202 | €13,507 | +€6,304 | +87.5% |
| Trade receivables | 40 | €524 | €4,827 | +€4,303 | +821% |
| Other amounts receivable | 41 | €6,678 | €8,679 | +€2,001 | +30.0% |
| Cash at bank and in hand | 54/58 | €1,036 | €11,849 | +€10,813 | +1,043% |
| Total equity and liabilities | 10/49 | €8,705,857 | €8,414,976 | -€290,881 | -3.3% |
| Equity | 10/15 | -€2,946,290 | -€2,874,160 | +€72,130 | +2.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €2,002,899 | €1,965,221 | -€37,678 | -1.9% |
| Tax-exempt reserves | 132 | €2,002,899 | €1,965,221 | -€37,678 | -1.9% |
| Profit (loss) carried forward | 14 | -€4,999,189 | -€4,889,381 | +€109,808 | +2.2% |
| Provisions and deferred taxes | 16 | €749,153 | €732,831 | -€16,322 | -2.2% |
| Deferred taxes | 168 | €749,153 | €732,831 | -€16,322 | -2.2% |
| Amounts payable | 17/49 | €10,902,994 | €10,556,305 | -€346,689 | -3.2% |
| Amounts payable after more than one year | 17 | €3,183,727 | €2,780,367 | -€403,360 | -12.7% |
| Financial debts | 170/4 | €3,183,727 | €2,780,367 | -€403,360 | -12.7% |
| Amounts payable within one year | 42/48 | €7,152,733 | €7,178,283 | +€25,551 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €399,377 | €403,360 | +€3,983 | +1.0% |
| Financial debts | 43 | €8,122 | - | -€8,122 | |
| Credit institutions | 430/8 | €8,122 | - | -€8,122 | |
| Trade debts | 44 | €33,196 | €69,544 | +€36,348 | +109% |
| Suppliers | 440/4 | €33,196 | €69,544 | +€36,348 | +109% |
| Taxes, remuneration and social security | 45 | €35,716 | €39,058 | +€3,342 | +9.4% |
| Taxes | 450/3 | - | €39,058 | +€39,058 | |
| Remuneration and social security | 454/9 | €35,716 | - | -€35,716 | |
| Other amounts payable | 47/48 | €6,676,322 | €6,666,322 | -€10,000 | -0.1% |
| Accrued charges and deferred income | 492/3 | €566,534 | €597,654 | +€31,120 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €627,218 | €307,999 | -€319,219 | -50.9% |
| Other operating charges | 640/8 | €93,388 | €78,389 | -€14,999 | -16.1% |
| Gross operating margin | 9900 | €576,461 | €583,117 | +€6,655 | +1.2% |
| Operating profit (loss) | 9901 | -€144,145 | €196,729 | +€340,874 | |
| Financial income | 75/76B | €11 | - | -€11 | |
| Recurring financial income | 75 | €11 | - | -€11 | |
| Financial charges | 65/66B | €105,138 | €96,245 | -€8,892 | -8.5% |
| Recurring financial charges | 65 | €105,138 | €96,245 | -€8,892 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€249,272 | €100,484 | +€349,755 | |
| Transfer from deferred taxes | 780 | €16,322 | €16,322 | = | 0.0% |
| Income taxes | 67/77 | €39,300 | €44,676 | +€5,376 | +13.7% |
| Profit (loss) for the period | 9904 | -€272,249 | €72,130 | +€344,379 | |
| Transfer from tax-exempt reserves | 789 | €37,678 | €37,678 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€234,571 | €109,808 | +€344,379 |
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 29 October 2026 via checked.be.