SHTS: 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.
SHTS
Largest movements
- Cash -€9
down €9 (-52.5%), from €16 to €8
mainly Net result for the year (-€1,937) and Trade debts (-€1,008)
- Receivables within one year +€4
up €4 (+1.7%), from €247 to €251
- Other debts +€2,940
up €2,940 (+43.5%), from €6,766 to €9,706
- Profit (loss) carried forward -€1,937
down €1,937 (-7.8%), from -€24,911 to -€26,847
- Trade debts -€1,008
no longer reported in 2024 (was €1,008)
- Depreciation -€1,055
no longer reported in 2024 (was €1,055)
- Gross operating margin -€857
down €857 (-80.9%), from -€1,059 to -€1,917
- Financial charges -€91
down €91 (-99.5%), from €91 to €0
- Other operating charges +€20
new in 2024: €20
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 | €263 | €259 | -€4 | -1.7% |
| Current assets | 29/58 | €263 | €259 | -€4 | -1.7% |
| Amounts receivable within one year | 40/41 | €247 | €251 | +€4 | +1.7% |
| Other amounts receivable | 41 | €247 | €251 | +€4 | +1.7% |
| Cash at bank and in hand | 54/58 | €16 | €8 | -€9 | -52.5% |
| Total equity and liabilities | 10/49 | €263 | €259 | -€4 | -1.7% |
| Equity | 10/15 | -€7,511 | -€9,447 | -€1,937 | -25.8% |
| Contributions | 10/11 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,911 | -€26,847 | -€1,937 | -7.8% |
| Amounts payable | 17/49 | €7,774 | €9,706 | +€1,932 | +24.9% |
| Amounts payable within one year | 42/48 | €7,774 | €9,706 | +€1,932 | +24.9% |
| Trade debts | 44 | €1,008 | - | -€1,008 | |
| Suppliers | 440/4 | €1,008 | - | -€1,008 | |
| Other amounts payable | 47/48 | €6,766 | €9,706 | +€2,940 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | - | -€1,055 | |
| Other operating charges | 640/8 | - | €20 | +€20 | |
| Gross operating margin | 9900 | -€1,059 | -€1,917 | -€857 | -80.9% |
| Operating profit (loss) | 9901 | -€2,114 | -€1,936 | +€178 | +8.4% |
| Financial charges | 65/66B | €91 | €0 | -€91 | -99.5% |
| Recurring financial charges | 65 | €91 | €0 | -€91 | -99.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,205 | -€1,937 | +€269 | +12.2% |
| Profit (loss) for the period | 9904 | -€2,205 | -€1,937 | +€269 | +12.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,205 | -€1,937 | +€269 | +12.2% |
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 29 September 2026 via checked.be.