SINGH EXPRESS SHOP: 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.
SINGH EXPRESS SHOP
Largest movements
- Receivables within one year -€204,719
down €204,719 (-91.5%), from €223,731 to €19,012
of which Trade receivables: -€220,381
- Cash +€47,506
up €47,506 (+755%), from €6,296 to €53,802
mainly Receivables within one year (+€204,719) and Short-term financial debts (+€19,331)
- Tangible fixed assets +€42,831
up €42,831 (+96.5%), from €44,377 to €87,208
of which Furniture and vehicles: +€45,719
- Stocks and contracts -€9,289
down €9,289 (-20.3%), from €45,681 to €36,392
- Intangible fixed assets -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Trade debts -€55,924
down €55,924 (-40.9%), from €136,617 to €80,693
- Debts after one year -€55,417
down €55,417 (-68.1%), from €81,341 to €25,924
of which Other amounts payable: -€47,000
- Profit (loss) carried forward -€20,645
down €20,645 (-26.0%), from €79,252 to €58,607
- Short-term financial debts +€19,331
new in 2025: €19,331
- Current portion of long-term debt -€15,755
no longer reported in 2025 (was €15,755)
- Purchases and services +€329,691
up €329,691 (+21.9%), from €1.5m to €1.8m
- Turnover +€327,523
up €327,523 (+21.4%), from €1.5m to €1.9m
- Gross operating margin -€26,266
down €26,266 (-29.9%), from €87,976 to €61,710
- Staff costs +€21,998
up €21,998 (+155%), from €14,208 to €36,206
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 | €339,873 | €210,709 | -€129,164 | -38.0% |
| Fixed assets | 21/28 | €62,377 | €99,208 | +€36,831 | +59.0% |
| Intangible fixed assets | 21 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Tangible fixed assets | 22/27 | €44,377 | €87,208 | +€42,831 | +96.5% |
| Plant, machinery and equipment | 23 | €44,377 | €41,489 | -€2,888 | -6.5% |
| Furniture and vehicles | 24 | - | €45,719 | +€45,719 | |
| Current assets | 29/58 | €277,496 | €111,501 | -€165,995 | -59.8% |
| Stocks and contracts in progress | 3 | €45,681 | €36,392 | -€9,289 | -20.3% |
| Stocks | 30/36 | €45,681 | €36,392 | -€9,289 | -20.3% |
| Amounts receivable within one year | 40/41 | €223,731 | €19,012 | -€204,719 | -91.5% |
| Trade receivables | 40 | €220,381 | - | -€220,381 | |
| Other amounts receivable | 41 | €3,351 | €19,012 | +€15,661 | +467% |
| Cash at bank and in hand | 54/58 | €6,296 | €53,802 | +€47,506 | +755% |
| Deferred charges and accrued income | 490/1 | €1,787 | €2,294 | +€507 | +28.4% |
| Total equity and liabilities | 10/49 | €339,873 | €210,709 | -€129,164 | -38.0% |
| Equity | 10/15 | €82,252 | €61,607 | -€20,645 | -25.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,252 | €58,607 | -€20,645 | -26.0% |
| Amounts payable | 17/49 | €257,621 | €149,102 | -€108,519 | -42.1% |
| Amounts payable after more than one year | 17 | €81,341 | €25,924 | -€55,417 | -68.1% |
| Financial debts | 170/4 | €34,341 | €25,924 | -€8,417 | -24.5% |
| Other amounts payable | 178/9 | €47,000 | - | -€47,000 | |
| Amounts payable within one year | 42/48 | €176,280 | €123,178 | -€53,102 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €15,755 | - | -€15,755 | |
| Financial debts | 43 | - | €19,331 | +€19,331 | |
| Credit institutions | 430/8 | - | €19,331 | +€19,331 | |
| Trade debts | 44 | €136,617 | €80,693 | -€55,924 | -40.9% |
| Suppliers | 440/4 | €136,617 | €80,693 | -€55,924 | -40.9% |
| Taxes, remuneration and social security | 45 | €23,902 | €23,154 | -€748 | -3.1% |
| Taxes | 450/3 | €23,533 | €20,030 | -€3,503 | -14.9% |
| Remuneration and social security | 454/9 | €369 | €3,124 | +€2,755 | +746% |
| Other amounts payable | 47/48 | €6 | - | -€6 | |
| Turnover | 70 | €1,532,295 | €1,859,819 | +€327,523 | +21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,502,381 | €1,832,073 | +€329,691 | +21.9% |
| Remuneration, social security and pensions | 62 | €14,208 | €36,206 | +€21,998 | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,424 | €13,169 | +€3,745 | +39.7% |
| Other operating charges | 640/8 | €6,224 | €11,487 | +€5,264 | +84.6% |
| Gross operating margin | 9900 | €87,976 | €61,710 | -€26,266 | -29.9% |
| Operating profit (loss) | 9901 | €58,121 | €848 | -€57,273 | -98.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,839 | €12,056 | +€6,218 | +106% |
| Recurring financial charges | 65 | €5,839 | €12,056 | +€6,218 | +106% |
| Profit (loss) for the period before taxes | 9903 | €52,282 | -€11,209 | -€63,491 | |
| Income taxes | 67/77 | €10,456 | €9,436 | -€1,020 | -9.8% |
| Profit (loss) for the period | 9904 | €41,826 | -€20,645 | -€62,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,826 | -€20,645 | -€62,471 |
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 30 October 2026 via checked.be.