SQIT Consulting: 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.
SQIT Consulting
Largest movements
- Cash +€35,895
up €35,895 (+66.6%), from €53,859 to €89,755
mainly Net result for the year (+€52,783) and Tax, wage and social debts (+€4,900)
- Receivables within one year +€11,363
up €11,363 (+154.6%), from €7,351 to €18,714
- Current investments +€10,000
new in 2025: €10,000
- Reserves +€52,780
up €52,780 (+174.8%), from €30,190 to €82,970
- Tax, wage and social debts +€4,900
up €4,900 (+30.0%), from €16,308 to €21,208
of which Taxes: +€4,900
- Gross operating margin +€29,018
up €29,018 (+76.5%), from €37,930 to €66,948
- Taxes +€6,165
up €6,165 (+80.0%), from €7,708 to €13,873
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 | €61,210 | €119,486 | +€58,276 | +95.2% |
| Fixed assets | 21/28 | - | €1,018 | +€1,018 | |
| Tangible fixed assets | 22/27 | - | €1,018 | +€1,018 | |
| Furniture and vehicles | 24 | - | €1,018 | +€1,018 | |
| Current assets | 29/58 | €61,210 | €118,468 | +€57,258 | +93.5% |
| Amounts receivable within one year | 40/41 | €7,351 | €18,714 | +€11,363 | +154.6% |
| Trade receivables | 40 | €7,351 | €18,714 | +€11,363 | +154.6% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €53,859 | €89,755 | +€35,895 | +66.6% |
| Total equity and liabilities | 10/49 | €61,210 | €119,486 | +€58,276 | +95.2% |
| Equity | 10/15 | €30,692 | €83,475 | +€52,783 | +172.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €30,190 | €82,970 | +€52,780 | +174.8% |
| Distributable reserves | 133 | €30,190 | €82,970 | +€52,780 | +174.8% |
| Profit (loss) carried forward | 14 | €2 | €5 | +€3 | +151.2% |
| Amounts payable | 17/49 | €30,518 | €36,011 | +€5,493 | +18.0% |
| Amounts payable within one year | 42/48 | €30,518 | €36,011 | +€5,493 | +18.0% |
| Trade debts | 44 | €38 | €132 | +€94 | +246.0% |
| Suppliers | 440/4 | €38 | €132 | +€94 | +246.0% |
| Advances received on contracts in progress | 46 | - | €48 | +€48 | |
| Taxes, remuneration and social security | 45 | €16,308 | €21,208 | +€4,900 | +30.0% |
| Taxes | 450/3 | €14,308 | €19,208 | +€4,900 | +34.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €14,172 | €14,624 | +€452 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €179 | +€179 | |
| Other operating charges | 640/8 | - | €35 | +€35 | |
| Gross operating margin | 9900 | €37,930 | €66,948 | +€29,018 | +76.5% |
| Operating profit (loss) | 9901 | €37,930 | €66,733 | +€28,803 | +75.9% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €30 | €94 | +€65 | +218.0% |
| Recurring financial charges | 65 | €30 | €94 | +€65 | +218.0% |
| Profit (loss) for the period before taxes | 9903 | €37,900 | €66,656 | +€28,756 | +75.9% |
| Income taxes | 67/77 | €7,708 | €13,873 | +€6,165 | +80.0% |
| Profit (loss) for the period | 9904 | €30,192 | €52,783 | +€22,591 | +74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,192 | €52,783 | +€22,591 | +74.8% |
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 9 October 2026 via checked.be.