SHUTTLY: 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.
SHUTTLY
Largest movements
- Receivables within one year +€13,073
up €13,073 (+171.1%), from €7,640 to €20,713
of which Other amounts receivable: +€12,397
- Tangible fixed assets +€2,279
new in 2025: €2,279
- Cash +€2,235
up €2,235 (+27.7%), from €8,077 to €10,312
mainly Net result for the year (+€40,291) and Trade debts (+€4,141)
- Profit (loss) carried forward +€40,291
up €40,291 (+83.6%), from -€48,191 to -€7,900
- Debts after one year -€27,500
down €27,500 (-52.4%), from €52,500 to €25,000
- Trade debts +€4,141
up €4,141 (+532.4%), from €778 to €4,919
- Tax, wage and social debts +€654
up €654 (+14.1%), from €4,641 to €5,295
- Gross operating margin +€39,415
up €39,415 (+452.2%), from €8,717 to €48,132
- Financial income -€9,311
down €9,311 (-100.0%), from €9,311 to €0
of which Non-recurring financial income: -€9,152
- Taxes +€5,000
new in 2025: €5,000
- Other operating charges -€493
down €493 (-49.0%), from €1,007 to €513
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.
Cash bridge derived
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 | €15,927 | €33,514 | +€17,586 | +110.4% |
| Fixed assets | 21/28 | €210 | €2,489 | +€2,279 | +1085.0% |
| Tangible fixed assets | 22/27 | - | €2,279 | +€2,279 | |
| Plant, machinery and equipment | 23 | - | €2,279 | +€2,279 | |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €15,717 | €31,025 | +€15,308 | +97.4% |
| Amounts receivable within one year | 40/41 | €7,640 | €20,713 | +€13,073 | +171.1% |
| Trade receivables | 40 | €6,347 | €7,023 | +€676 | +10.6% |
| Other amounts receivable | 41 | €1,293 | €13,690 | +€12,397 | +959.1% |
| Cash at bank and in hand | 54/58 | €8,077 | €10,312 | +€2,235 | +27.7% |
| Total equity and liabilities | 10/49 | €15,927 | €33,514 | +€17,586 | +110.4% |
| Equity | 10/15 | -€41,991 | -€1,700 | +€40,291 | +96.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,191 | -€7,900 | +€40,291 | +83.6% |
| Amounts payable | 17/49 | €57,919 | €35,214 | -€22,705 | -39.2% |
| Amounts payable after more than one year | 17 | €52,500 | €25,000 | -€27,500 | -52.4% |
| Financial debts | 170/4 | €52,500 | €25,000 | -€27,500 | -52.4% |
| Amounts payable within one year | 42/48 | €5,419 | €10,214 | +€4,795 | +88.5% |
| Trade debts | 44 | €778 | €4,919 | +€4,141 | +532.4% |
| Suppliers | 440/4 | €778 | €4,919 | +€4,141 | +532.4% |
| Taxes, remuneration and social security | 45 | €4,641 | €5,295 | +€654 | +14.1% |
| Taxes | 450/3 | €4,641 | €5,295 | +€654 | +14.1% |
| Other operating charges | 640/8 | €1,007 | €513 | -€493 | -49.0% |
| Gross operating margin | 9900 | €8,717 | €48,132 | +€39,415 | +452.2% |
| Operating profit (loss) | 9901 | €7,710 | €47,619 | +€39,909 | +517.6% |
| Financial income | 75/76B | €9,311 | €0 | -€9,311 | -100.0% |
| Recurring financial income | 75 | €159 | €0 | -€159 | -99.9% |
| Non-recurring financial income | 76B | €9,152 | - | -€9,152 | |
| Financial charges | 65/66B | €2,217 | €2,328 | +€111 | +5.0% |
| Recurring financial charges | 65 | €1,756 | €1,794 | +€38 | +2.2% |
| Non-recurring financial charges | 66B | €461 | €534 | +€73 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €14,805 | €45,291 | +€30,487 | +205.9% |
| Income taxes | 67/77 | - | €5,000 | +€5,000 | |
| Profit (loss) for the period | 9904 | €14,805 | €40,291 | +€25,487 | +172.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,805 | €40,291 | +€25,487 | +172.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.