BeSquare: 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.
BeSquare
Largest movements
- Cash +€26,129
up €26,129 (+185%), from €14,126 to €40,255
mainly Net result for the year (+€19,811) and Other debts (+€17,824)
- Tangible fixed assets -€6,214
down €6,214 (-24.8%), from €25,078 to €18,864
of which Other tangible fixed assets: -€4,303
- Financial fixed assets +€1,875
up €1,875 (+10.3%), from €18,200 to €20,075
- Other debts +€17,824
up €17,824 (+48,185%), from €37 to €17,861
- Tax, wage and social debts +€4,578
up €4,578 (+78.1%), from €5,865 to €10,443
- Trade debts -€2,337
down €2,337 (-60.4%), from €3,867 to €1,530
- Profit (loss) carried forward +€2,164
up €2,164 (+4.3%), from €50,196 to €52,360
- Gross operating margin +€11,128
up €11,128 (+42.9%), from €25,958 to €37,086
- Taxes +€3,806
up €3,806 (+74.3%), from €5,124 to €8,929
- Depreciation -€1,224
down €1,224 (-16.5%), from €7,438 to €6,214
- Other operating charges -€575
down €575 (-48.4%), from €1,189 to €614
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 | €71,936 | €94,164 | +€22,228 | +30.9% |
| Fixed assets | 21/28 | €43,278 | €38,939 | -€4,339 | -10.0% |
| Tangible fixed assets | 22/27 | €25,078 | €18,864 | -€6,214 | -24.8% |
| Plant, machinery and equipment | 23 | €608 | €191 | -€417 | -68.6% |
| Furniture and vehicles | 24 | €1,679 | €185 | -€1,494 | -89.0% |
| Other tangible fixed assets | 26 | €22,791 | €18,488 | -€4,303 | -18.9% |
| Financial fixed assets | 28 | €18,200 | €20,075 | +€1,875 | +10.3% |
| Current assets | 29/58 | €28,658 | €55,226 | +€26,567 | +92.7% |
| Amounts receivable within one year | 40/41 | €11,459 | €11,807 | +€348 | +3.0% |
| Trade receivables | 40 | €11,459 | €11,807 | +€348 | +3.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €14,126 | €40,255 | +€26,129 | +185% |
| Deferred charges and accrued income | 490/1 | €3,072 | €3,163 | +€91 | +2.9% |
| Total equity and liabilities | 10/49 | €71,936 | €94,164 | +€22,228 | +30.9% |
| Equity | 10/15 | €62,167 | €64,331 | +€2,164 | +3.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €11,970 | €11,970 | = | 0.0% |
| Distributable reserves | 133 | €11,970 | €11,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,196 | €52,360 | +€2,164 | +4.3% |
| Amounts payable | 17/49 | €9,769 | €29,833 | +€20,064 | +205% |
| Amounts payable within one year | 42/48 | €9,769 | €29,833 | +€20,064 | +205% |
| Trade debts | 44 | €3,867 | €1,530 | -€2,337 | -60.4% |
| Suppliers | 440/4 | €3,867 | €1,530 | -€2,337 | -60.4% |
| Taxes, remuneration and social security | 45 | €5,865 | €10,443 | +€4,578 | +78.1% |
| Taxes | 450/3 | €5,865 | €10,443 | +€4,578 | +78.1% |
| Other amounts payable | 47/48 | €37 | €17,861 | +€17,824 | +48,185% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,438 | €6,214 | -€1,224 | -16.5% |
| Other operating charges | 640/8 | €1,189 | €614 | -€575 | -48.4% |
| Gross operating margin | 9900 | €25,958 | €37,086 | +€11,128 | +42.9% |
| Operating profit (loss) | 9901 | €17,331 | €30,258 | +€12,927 | +74.6% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,780 | €1,521 | -€259 | -14.6% |
| Recurring financial charges | 65 | €1,780 | €1,521 | -€259 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €15,550 | €28,740 | +€13,190 | +84.8% |
| Income taxes | 67/77 | €5,124 | €8,929 | +€3,806 | +74.3% |
| Profit (loss) for the period | 9904 | €10,427 | €19,811 | +€9,384 | +90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,427 | €19,811 | +€9,384 | +90.0% |
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 28 October 2026 via checked.be.