SHURBAN: 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.
SHURBAN
Largest movements
- Receivables within one year -€1,937
down €1,937 (-18.2%), from €10,665 to €8,729
of which Trade receivables: -€2,877
- Tax, wage and social debts -€24,782
down €24,782 (-69.6%), from €35,618 to €10,836
of which Remuneration and social security: -€31,766
- Profit (loss) carried forward +€22,440
up €22,440, from -€12,216 to €10,224
- Trade debts +€1,015
up €1,015 (+36.7%), from €2,764 to €3,779
- Other debts -€685
no longer reported in 2025 (was €685)
- Gross operating margin +€29,451
up €29,451 (+2,467%), from €1,194 to €30,644
- Taxes +€6,471
up €6,471 (+6,824%), from €95 to €6,565
- Other operating charges +€1,179
up €1,179 (+404%), from €292 to €1,471
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 | €40,491 | €38,480 | -€2,012 | -5.0% |
| Current assets | 29/58 | €40,491 | €38,480 | -€2,012 | -5.0% |
| Amounts receivable within one year | 40/41 | €10,665 | €8,729 | -€1,937 | -18.2% |
| Trade receivables | 40 | €10,630 | €7,752 | -€2,877 | -27.1% |
| Other amounts receivable | 41 | €36 | €976 | +€941 | +2,641% |
| Cash at bank and in hand | 54/58 | €29,826 | €29,751 | -€75 | -0.3% |
| Total equity and liabilities | 10/49 | €40,491 | €38,480 | -€2,012 | -5.0% |
| Equity | 10/15 | €1,424 | €23,864 | +€22,440 | +1,576% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,240 | €1,240 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,216 | €10,224 | +€22,440 | |
| Amounts payable | 17/49 | €39,067 | €14,615 | -€24,452 | -62.6% |
| Amounts payable within one year | 42/48 | €39,067 | €14,615 | -€24,452 | -62.6% |
| Trade debts | 44 | €2,764 | €3,779 | +€1,015 | +36.7% |
| Suppliers | 440/4 | €2,764 | €3,779 | +€1,015 | +36.7% |
| Taxes, remuneration and social security | 45 | €35,618 | €10,836 | -€24,782 | -69.6% |
| Taxes | 450/3 | €3,852 | €10,836 | +€6,984 | +181% |
| Remuneration and social security | 454/9 | €31,766 | - | -€31,766 | |
| Other amounts payable | 47/48 | €685 | - | -€685 | |
| Other operating charges | 640/8 | €292 | €1,471 | +€1,179 | +404% |
| Gross operating margin | 9900 | €1,194 | €30,644 | +€29,451 | +2,467% |
| Operating profit (loss) | 9901 | €902 | €29,173 | +€28,272 | +3,135% |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €180 | €168 | -€13 | -7.1% |
| Recurring financial charges | 65 | €180 | €168 | -€13 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €722 | €29,006 | +€28,284 | +3,920% |
| Income taxes | 67/77 | €95 | €6,565 | +€6,471 | +6,824% |
| Profit (loss) for the period | 9904 | €627 | €22,440 | +€21,814 | +3,481% |
| Profit (loss) for the period to be appropriated | 9905 | €627 | €22,440 | +€21,814 | +3,481% |
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.