SHOUF: 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.
SHOUF
Largest movements
- Receivables within one year -€5,341
down €5,341 (-65.9%), from €8,104 to €2,763
of which Other amounts receivable: -€4,978
- Deferred charges and accrued income -€892
no longer reported in 2025 (was €892)
- Cash +€691
up €691 (+275.9%), from €251 to €942
- Trade debts -€3,275
no longer reported in 2025 (was €3,275)
- Profit (loss) carried forward -€2,245
down €2,245 (-15.5%), from -€14,510 to -€16,755
- Gross operating margin +€6,365
up €6,365, from -€6,365 to €0
- Financial charges -€660
no longer reported in 2025 (was €660)
- Other operating charges -€653
down €653 (-78.6%), from €831 to €178
- Purchases and services +€178
new in 2025: €178
- Financial income -€155
down €155 (-97.5%), from €159 to €4
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,247 | €3,705 | -€5,542 | -59.9% |
| Current assets | 29/58 | €9,247 | €3,705 | -€5,542 | -59.9% |
| Amounts receivable within one year | 40/41 | €8,104 | €2,763 | -€5,341 | -65.9% |
| Trade receivables | 40 | €363 | - | -€363 | |
| Other amounts receivable | 41 | €7,741 | €2,763 | -€4,978 | -64.3% |
| Cash at bank and in hand | 54/58 | €251 | €942 | +€691 | +275.9% |
| Deferred charges and accrued income | 490/1 | €892 | - | -€892 | |
| Total equity and liabilities | 10/49 | €9,247 | €3,705 | -€5,542 | -59.9% |
| Equity | 10/15 | €5,950 | €3,705 | -€2,245 | -37.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,510 | -€16,755 | -€2,245 | -15.5% |
| Amounts payable | 17/49 | €3,296 | - | -€3,296 | |
| Amounts payable within one year | 42/48 | €3,296 | - | -€3,296 | |
| Trade debts | 44 | €3,275 | - | -€3,275 | |
| Suppliers | 440/4 | €3,275 | - | -€3,275 | |
| Taxes, remuneration and social security | 45 | €21 | - | -€21 | |
| Taxes | 450/3 | €21 | - | -€21 | |
| Non-recurring operating income | 76A | €639 | - | -€639 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €178 | +€178 | |
| Other operating charges | 640/8 | €831 | €178 | -€653 | -78.6% |
| Gross operating margin | 9900 | -€6,365 | €0 | +€6,365 | |
| Operating profit (loss) | 9901 | -€7,196 | -€178 | +€7,018 | +97.5% |
| Financial income | 75/76B | €159 | €4 | -€155 | -97.5% |
| Recurring financial income | 75 | €159 | €4 | -€155 | -97.5% |
| Financial charges | 65/66B | €660 | - | -€660 | |
| Recurring financial charges | 65 | €660 | - | -€660 | |
| Profit (loss) for the period before taxes | 9903 | -€7,697 | -€174 | +€7,523 | +97.7% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€7,699 | -€174 | +€7,525 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,699 | -€174 | +€7,525 | +97.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.