S.Q TRADING: 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.
S.Q TRADING
Largest movements
- Stocks and contracts +€110,650
up €110,650 (+835%), from €13,246 to €123,896
- Receivables within one year +€55,503
up €55,503 (+72.0%), from €77,120 to €132,624
of which Other amounts receivable: +€48,113
- Cash -€33,715
down €33,715 (-92.0%), from €36,663 to €2,948
mainly Stocks and contracts (-€110,650) and Receivables within one year (-€55,503)
- Trade debts +€73,671
up €73,671 (+235%), from €31,306 to €104,977
- Advances received +€46,534
up €46,534 (+130%), from €35,666 to €82,200
- Other debts +€4,513
new in 2024: €4,513
- Profit (loss) carried forward +€3,931
up €3,931 (+8.1%), from €48,391 to €52,322
- Tax, wage and social debts +€3,790
up €3,790 (+445%), from €853 to €4,642
of which Taxes: +€3,015
- Turnover -€91,460
down €91,460 (-41.2%), from €221,970 to €130,510
- Purchases and services -€89,292
down €89,292 (-44.1%), from €202,573 to €113,280
- Staff costs +€5,182
up €5,182 (+75.6%), from €6,853 to €12,035
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 | €136,676 | €269,114 | +€132,438 | +96.9% |
| Fixed assets | 21/28 | €9,500 | €9,500 | = | 0.0% |
| Financial fixed assets | 28 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €127,176 | €259,614 | +€132,438 | +104% |
| Stocks and contracts in progress | 3 | €13,246 | €123,896 | +€110,650 | +835% |
| Stocks | 30/36 | €13,246 | €123,896 | +€110,650 | +835% |
| Amounts receivable within one year | 40/41 | €77,120 | €132,624 | +€55,503 | +72.0% |
| Trade receivables | 40 | €50,000 | €57,390 | +€7,390 | +14.8% |
| Other amounts receivable | 41 | €27,120 | €75,234 | +€48,113 | +177% |
| Cash at bank and in hand | 54/58 | €36,663 | €2,948 | -€33,715 | -92.0% |
| Deferred charges and accrued income | 490/1 | €147 | €147 | = | 0.0% |
| Total equity and liabilities | 10/49 | €136,676 | €269,114 | +€132,438 | +96.9% |
| Equity | 10/15 | €68,851 | €72,782 | +€3,931 | +5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,391 | €52,322 | +€3,931 | +8.1% |
| Amounts payable | 17/49 | €67,825 | €196,332 | +€128,508 | +189% |
| Amounts payable within one year | 42/48 | €67,825 | €196,332 | +€128,508 | +189% |
| Trade debts | 44 | €31,306 | €104,977 | +€73,671 | +235% |
| Suppliers | 440/4 | €31,306 | €104,977 | +€73,671 | +235% |
| Advances received on contracts in progress | 46 | €35,666 | €82,200 | +€46,534 | +130% |
| Taxes, remuneration and social security | 45 | €853 | €4,642 | +€3,790 | +445% |
| Taxes | 450/3 | - | €3,015 | +€3,015 | |
| Remuneration and social security | 454/9 | €853 | €1,628 | +€775 | +90.9% |
| Other amounts payable | 47/48 | - | €4,513 | +€4,513 | |
| Turnover | 70 | €221,970 | €130,510 | -€91,460 | -41.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €202,573 | €113,280 | -€89,292 | -44.1% |
| Remuneration, social security and pensions | 62 | €6,853 | €12,035 | +€5,182 | +75.6% |
| Other operating charges | 640/8 | €2,160 | €155 | -€2,005 | -92.8% |
| Gross operating margin | 9900 | €19,397 | €17,229 | -€2,168 | -11.2% |
| Operating profit (loss) | 9901 | €10,385 | €5,040 | -€5,345 | -51.5% |
| Financial charges | 65/66B | €1,136 | €984 | -€151 | -13.3% |
| Recurring financial charges | 65 | €1,136 | €984 | -€151 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €9,249 | €4,056 | -€5,193 | -56.2% |
| Income taxes | 67/77 | €500 | €125 | -€375 | -75.0% |
| Profit (loss) for the period | 9904 | €8,749 | €3,931 | -€4,818 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,749 | €3,931 | -€4,818 | -55.1% |
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 28 October 2026 via checked.be.