2B-SQUARE: 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.
2B-SQUARE
Largest movements
- Stocks and contracts +€13,603
up €13,603 (+4.6%), from €295,075 to €308,678
- Profit (loss) carried forward -€51,021
down €51,021 (-21.3%), from -€239,212 to -€290,233
- Other debts +€42,895
up €42,895 (+7.8%), from €546,600 to €589,495
- Trade debts +€17,453
up €17,453 (+47.6%), from €36,685 to €54,138
- Financial charges +€5,022
up €5,022 (+11.9%), from €42,055 to €47,077
- Gross operating margin -€806
down €806 (-32.7%), from -€2,461 to -€3,266
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €627,909 | €637,236 | +€9,327 | +1.5% |
| Current assets | 29/58 | €627,909 | €637,236 | +€9,327 | +1.5% |
| Stocks and contracts in progress | 3 | €295,075 | €308,678 | +€13,603 | +4.6% |
| Contracts in progress | 37 | €295,075 | €308,678 | +€13,603 | +4.6% |
| Amounts receivable within one year | 40/41 | €332,405 | €328,367 | -€4,038 | -1.2% |
| Trade receivables | 40 | €331,632 | €327,936 | -€3,696 | -1.1% |
| Other amounts receivable | 41 | €773 | €431 | -€342 | -44.2% |
| Cash at bank and in hand | 54/58 | €393 | €155 | -€238 | -60.6% |
| Deferred charges and accrued income | 490/1 | €37 | €37 | = | 0.0% |
| Total equity and liabilities | 10/49 | €627,909 | €637,236 | +€9,327 | +1.5% |
| Equity | 10/15 | -€219,212 | -€270,233 | -€51,021 | -23.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,212 | -€290,233 | -€51,021 | -21.3% |
| Amounts payable | 17/49 | €847,120 | €907,469 | +€60,348 | +7.1% |
| Amounts payable within one year | 42/48 | €833,285 | €893,633 | +€60,348 | +7.2% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €36,685 | €54,138 | +€17,453 | +47.6% |
| Suppliers | 440/4 | €36,685 | €54,138 | +€17,453 | +47.6% |
| Other amounts payable | 47/48 | €546,600 | €589,495 | +€42,895 | +7.8% |
| Accrued charges and deferred income | 492/3 | €13,835 | €13,835 | = | 0.0% |
| Other operating charges | 640/8 | €666 | €678 | +€12 | +1.8% |
| Gross operating margin | 9900 | -€2,461 | -€3,266 | -€806 | -32.7% |
| Operating profit (loss) | 9901 | -€3,127 | -€3,944 | -€817 | -26.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €42,055 | €47,077 | +€5,022 | +11.9% |
| Recurring financial charges | 65 | €42,055 | €47,077 | +€5,022 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | -€45,181 | -€51,021 | -€5,840 | -12.9% |
| Profit (loss) for the period | 9904 | -€45,181 | -€51,021 | -€5,840 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,181 | -€51,021 | -€5,840 | -12.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.