Balance sheet
The balance sheet (balans) is a snapshot of your organisation's financial position at a specific date. It answers: what do we own, what do we owe, and what is left over for the owners?
The fundamental equation
Assets = Liabilities + Equity
The balance sheet always balances — both sides are equal by definition.
| Section | Dutch | What it means |
|---|---|---|
| Assets | Activa | What the organisation owns or is owed |
| Liabilities | Passiva / Vreemd vermogen | What the organisation owes to others |
| Equity | Eigen vermogen | Assets minus liabilities — the owners' stake |
Reading the balance sheet in Shillinq
Assets (left column)
| Category | Examples |
|---|---|
| Current assets | Bank accounts, accounts receivable, inventory |
| Fixed assets | Buildings, machinery, vehicles, intangibles |
Liabilities and equity (right column)
| Category | Examples |
|---|---|
| Short-term liabilities | Accounts payable, VAT payable, short-term loans |
| Long-term liabilities | Long-term loans, lease obligations |
| Equity | Share capital, retained earnings, result for the year |
Set the reporting date
Use the date selector at the top of the page to choose the balance date. Shillinq recalculates all balances for that date from posted transactions.
Common choices:
- End of the current month (interim balance)
- 31 December (year-end statutory balance)
- Any date during the year for management reporting
Comparison periods
Click Compare to show two periods side by side — for example, balance on 31 Dec 2025 vs 31 Dec 2024. The difference column shows the movement.
Export
Click Export to download the balance sheet as:
- PDF — formatted for inclusion in annual accounts
- CSV — for further analysis in a spreadsheet
- XBRL — for SBR submission to the Dutch tax authority (Belastingdienst)
Related
- Trial balance — detailed view of every account balance
- General ledger — the transactions behind each balance
- SBR/XBRL Filings — submitting financial statements