SHOUCA: what changed
Two fiscal 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.
SHOUCA
Largest movements
- Tangible fixed assets +€194,454
up €194,454 (+285.4%), from €68,128 to €262,582
of which Land and buildings: +€207,362
- Cash -€69,235
down €69,235 (-21.0%), from €329,313 to €260,079
mainly Investment in fixed assets (net) (-€241,361) and Tax, wage and social debts (-€20,504)
- Reserves +€156,369
up €156,369 (+33.2%), from €471,176 to €627,545
- Tax, wage and social debts -€20,504
down €20,504 (-50.8%), from €40,355 to €19,851
of which Taxes: -€20,503
- Depreciation +€41,540
up €41,540 (+774.1%), from €5,366 to €46,906
- Other operating charges -€8,837
down €8,837 (-73.8%), from €11,974 to €3,137
- Taxes -€8,598
down €8,598 (-10.6%), from €81,199 to €72,601
- Gross operating margin +€5,214
up €5,214 (+1.8%), from €283,082 to €288,296
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €531,053 | €663,475 | +€132,422 | +24.9% |
| Fixed assets | 21/28 | €68,153 | €262,607 | +€194,454 | +285.3% |
| Tangible fixed assets | 22/27 | €68,128 | €262,582 | +€194,454 | +285.4% |
| Land and buildings | 22 | - | €207,362 | +€207,362 | |
| Furniture and vehicles | 24 | €68,128 | €55,220 | -€12,908 | -18.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €462,900 | €400,868 | -€62,033 | -13.4% |
| Amounts receivable within one year | 40/41 | €29,246 | €34,751 | +€5,505 | +18.8% |
| Other amounts receivable | 41 | €29,246 | €34,751 | +€5,505 | +18.8% |
| Cash at bank and in hand | 54/58 | €329,313 | €260,079 | -€69,235 | -21.0% |
| Deferred charges and accrued income | 490/1 | €104,341 | €106,038 | +€1,697 | +1.6% |
| Total equity and liabilities | 10/49 | €531,053 | €663,475 | +€132,422 | +24.9% |
| Equity | 10/15 | €483,576 | €639,945 | +€156,369 | +32.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €471,176 | €627,545 | +€156,369 | +33.2% |
| Distributable reserves | 133 | €471,176 | €627,545 | +€156,369 | +33.2% |
| Amounts payable | 17/49 | €47,477 | €23,530 | -€23,947 | -50.4% |
| Amounts payable within one year | 42/48 | €45,739 | €23,530 | -€22,209 | -48.6% |
| Trade debts | 44 | €5,146 | €3,480 | -€1,666 | -32.4% |
| Suppliers | 440/4 | €5,146 | €3,480 | -€1,666 | -32.4% |
| Taxes, remuneration and social security | 45 | €40,355 | €19,851 | -€20,504 | -50.8% |
| Taxes | 450/3 | €37,055 | €16,552 | -€20,503 | -55.3% |
| Remuneration and social security | 454/9 | €3,300 | €3,299 | -€1 | 0.0% |
| Other amounts payable | 47/48 | €238 | €199 | -€39 | -16.3% |
| Accrued charges and deferred income | 492/3 | €1,738 | - | -€1,738 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,366 | €46,906 | +€41,540 | +774.1% |
| Other operating charges | 640/8 | €11,974 | €3,137 | -€8,837 | -73.8% |
| Gross operating margin | 9900 | €283,082 | €288,296 | +€5,214 | +1.8% |
| Operating profit (loss) | 9901 | €265,741 | €238,253 | -€27,489 | -10.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €90 | €134 | +€44 | +49.4% |
| Recurring financial charges | 65 | €90 | €134 | +€44 | +49.4% |
| Profit (loss) for the period before taxes | 9903 | €265,655 | €238,118 | -€27,537 | -10.4% |
| Income taxes | 67/77 | €81,199 | €72,601 | -€8,598 | -10.6% |
| Profit (loss) for the period | 9904 | €184,456 | €165,517 | -€18,939 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €184,456 | €165,517 | -€18,939 | -10.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.