TILTING SHELVES SYSTEMS: what changed
TILTING SHELVES SYSTEMS
Largest movements
- Receivables within one year +€10,498
up €10,498 (+65.4%), from €16,050 to €26,548
of which Other amounts receivable: +€22,998
- Cash +€9,302
up €9,302 (+1,825%), from €510 to €9,811
mainly Trade debts (+€119,369) and Debts after one year (+€33,260)
- Tangible fixed assets -€8,773
down €8,773 (-25.0%), from €35,094 to €26,320
- Intangible fixed assets -€7,500
down €7,500 (-7.1%), from €105,000 to €97,500
- Profit (loss) carried forward -€152,682
down €152,682 (-25.0%), from -€611,441 to -€764,123
- Trade debts +€119,369
up €119,369 (+1,016%), from €11,746 to €131,115
- Debts after one year +€33,260
up €33,260 (+4.8%), from €696,000 to €729,260
- Accrued charges and deferred income +€3,580
up €3,580 (+8.9%), from €40,348 to €43,928
- Services and other goods +€59,238
up €59,238 (+87.4%), from €67,773 to €127,011
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,653 | €160,180 | +€3,527 | +2.3% |
| Fixed assets | 21/28 | €140,094 | €123,820 | -€16,273 | -11.6% |
| Intangible fixed assets | 21 | €105,000 | €97,500 | -€7,500 | -7.1% |
| Tangible fixed assets | 22/27 | €35,094 | €26,320 | -€8,773 | -25.0% |
| Plant, machinery and equipment | 23 | €35,094 | €26,320 | -€8,773 | -25.0% |
| Current assets | 29/58 | €16,560 | €36,360 | +€19,800 | +120% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €16,050 | €26,548 | +€10,498 | +65.4% |
| Trade receivables | 40 | €12,500 | €0 | -€12,500 | -100% |
| Other amounts receivable | 41 | €3,550 | €26,548 | +€22,998 | +648% |
| Cash at bank and in hand | 54/58 | €510 | €9,811 | +€9,302 | +1,825% |
| Total equity and liabilities | 10/49 | €156,653 | €160,180 | +€3,527 | +2.3% |
| Equity | 10/15 | -€591,441 | -€744,123 | -€152,682 | -25.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€611,441 | -€764,123 | -€152,682 | -25.0% |
| Amounts payable | 17/49 | €748,094 | €904,303 | +€156,209 | +20.9% |
| Amounts payable after more than one year | 17 | €696,000 | €729,260 | +€33,260 | +4.8% |
| Financial debts | 170/4 | €696,000 | €729,260 | +€33,260 | +4.8% |
| Other loans | 174 | €696,000 | €729,260 | +€33,260 | +4.8% |
| Amounts payable within one year | 42/48 | €11,746 | €131,115 | +€119,369 | +1,016% |
| Trade debts | 44 | €11,746 | €131,115 | +€119,369 | +1,016% |
| Suppliers | 440/4 | €11,746 | €131,115 | +€119,369 | +1,016% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €40,348 | €43,928 | +€3,580 | +8.9% |
| Operating charges | 60/66A | €85,027 | €144,287 | +€59,260 | +69.7% |
| Services and other goods | 61 | €67,773 | €127,011 | +€59,238 | +87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,273 | €16,273 | = | 0.0% |
| Other operating charges | 640/8 | €980 | €1,002 | +€22 | +2.2% |
| Operating profit (loss) | 9901 | -€85,027 | -€144,287 | -€59,260 | -69.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €7,301 | €8,396 | +€1,095 | +15.0% |
| Recurring financial charges | 65 | €7,301 | €8,396 | +€1,095 | +15.0% |
| Debt charges | 650 | €6,763 | €7,762 | +€1,000 | +14.8% |
| Other financial charges | 652/9 | €538 | €633 | +€95 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | -€92,328 | -€152,682 | -€60,354 | -65.4% |
| Profit (loss) for the period | 9904 | -€92,328 | -€152,682 | -€60,354 | -65.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€92,328 | -€152,682 | -€60,354 | -65.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.