SQ CORP: what changed
Two fiscal 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.
SQ CORP
Largest movements
- Receivables within one year -€8,248
down €8,248 (-49.3%), from €16,718 to €8,470
- Cash -€2,865
down €2,865 (-68.4%), from €4,186 to €1,321
mainly Trade debts (-€6,506) and Net result for the year (-€5,302)
- Tangible fixed assets +€320
up €320 (+13.4%), from €2,389 to €2,709
- Trade debts -€6,506
down €6,506 (-79.8%), from €8,149 to €1,644
- Profit (loss) carried forward -€5,302
down €5,302 (-47.8%), from €11,095 to €5,793
- Accrued charges and deferred income +€1,318
up €1,318 (+295.6%), from €446 to €1,764
- Tax, wage and social debts -€368
down €368 (-13.8%), from €2,667 to €2,299
- Gross operating margin -€7,332
down €7,332, from €4,363 to -€2,970
- Taxes -€560
down €560 (-71.6%), from €782 to €222
- Financial charges +€508
up €508 (+299.3%), from €170 to €678
- Depreciation +€272
up €272 (+23.5%), from €1,160 to €1,432
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.
Cash bridge derived
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 | €23,356 | €12,500 | -€10,857 | -46.5% |
| Fixed assets | 21/28 | €2,389 | €2,709 | +€320 | +13.4% |
| Tangible fixed assets | 22/27 | €2,389 | €2,709 | +€320 | +13.4% |
| Furniture and vehicles | 24 | €2,389 | €2,709 | +€320 | +13.4% |
| Current assets | 29/58 | €20,968 | €9,791 | -€11,177 | -53.3% |
| Amounts receivable within one year | 40/41 | €16,718 | €8,470 | -€8,248 | -49.3% |
| Trade receivables | 40 | €16,718 | €8,470 | -€8,248 | -49.3% |
| Cash at bank and in hand | 54/58 | €4,186 | €1,321 | -€2,865 | -68.4% |
| Deferred charges and accrued income | 490/1 | €64 | - | -€64 | |
| Total equity and liabilities | 10/49 | €23,356 | €12,500 | -€10,857 | -46.5% |
| Equity | 10/15 | €12,095 | €6,793 | -€5,302 | -43.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,095 | €5,793 | -€5,302 | -47.8% |
| Amounts payable | 17/49 | €11,262 | €5,707 | -€5,555 | -49.3% |
| Amounts payable within one year | 42/48 | €10,816 | €3,943 | -€6,873 | -63.5% |
| Trade debts | 44 | €8,149 | €1,644 | -€6,506 | -79.8% |
| Suppliers | 440/4 | €8,149 | €1,644 | -€6,506 | -79.8% |
| Taxes, remuneration and social security | 45 | €2,667 | €2,299 | -€368 | -13.8% |
| Taxes | 450/3 | €2,667 | €2,299 | -€368 | -13.8% |
| Accrued charges and deferred income | 492/3 | €446 | €1,764 | +€1,318 | +295.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,432 | +€272 | +23.5% |
| Gross operating margin | 9900 | €4,363 | -€2,970 | -€7,332 | |
| Operating profit (loss) | 9901 | €3,203 | -€4,402 | -€7,605 | |
| Financial charges | 65/66B | €170 | €678 | +€508 | +299.3% |
| Recurring financial charges | 65 | €170 | €678 | +€508 | +299.3% |
| Profit (loss) for the period before taxes | 9903 | €3,033 | -€5,080 | -€8,113 | |
| Income taxes | 67/77 | €782 | €222 | -€560 | -71.6% |
| Profit (loss) for the period | 9904 | €2,251 | -€5,302 | -€7,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,251 | -€5,302 | -€7,553 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.