Sqón: 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.
Sqón
Largest movements
- Cash +€21,397
up €21,397 (+831.0%), from €2,575 to €23,972
mainly Net result for the year (+€25,705) and Other debts (+€6,036)
- Receivables within one year +€13,407
up €13,407 (+406.5%), from €3,298 to €16,706
- Tangible fixed assets +€2,554
new in 2025: €2,554
- Stocks and contracts -€1,731
no longer reported in 2025 (was €1,731)
- Profit (loss) carried forward +€25,079
no longer reported in 2025 (was -€25,079)
- Other debts +€6,036
up €6,036 (+47.8%), from €12,637 to €18,673
- Tax, wage and social debts +€3,015
up €3,015 (+420.7%), from €717 to €3,732
- Trade debts +€1,218
up €1,218 (+167.1%), from €729 to €1,947
- Reserves +€626
new in 2025: €626
- Gross operating margin +€30,636
up €30,636, from -€1,478 to €29,158
- Write-downs +€1,473
new in 2025: €1,473
- Taxes +€673
new in 2025: €673
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 | €7,604 | €43,477 | +€35,873 | +471.8% |
| Fixed assets | 21/28 | - | €2,554 | +€2,554 | |
| Tangible fixed assets | 22/27 | - | €2,554 | +€2,554 | |
| Other tangible fixed assets | 26 | - | €2,554 | +€2,554 | |
| Current assets | 29/58 | €7,604 | €40,923 | +€33,319 | +438.2% |
| Stocks and contracts in progress | 3 | €1,731 | - | -€1,731 | |
| Stocks | 30/36 | €1,731 | - | -€1,731 | |
| Amounts receivable within one year | 40/41 | €3,298 | €16,706 | +€13,407 | +406.5% |
| Trade receivables | 40 | €3,298 | €16,706 | +€13,407 | +406.5% |
| Cash at bank and in hand | 54/58 | €2,575 | €23,972 | +€21,397 | +831.0% |
| Deferred charges and accrued income | 490/1 | - | €246 | +€246 | |
| Total equity and liabilities | 10/49 | €7,604 | €43,477 | +€35,873 | +471.8% |
| Equity | 10/15 | -€6,579 | €19,126 | +€25,705 | |
| Contributions | 10/11 | €18,500 | €18,500 | = | 0.0% |
| Reserves | 13 | - | €626 | +€626 | |
| Distributable reserves | 133 | - | €626 | +€626 | |
| Profit (loss) carried forward | 14 | -€25,079 | - | +€25,079 | |
| Amounts payable | 17/49 | €14,183 | €24,352 | +€10,168 | +71.7% |
| Amounts payable within one year | 42/48 | €14,083 | €24,352 | +€10,269 | +72.9% |
| Trade debts | 44 | €729 | €1,947 | +€1,218 | +167.1% |
| Suppliers | 440/4 | €729 | €1,947 | +€1,218 | +167.1% |
| Taxes, remuneration and social security | 45 | €717 | €3,732 | +€3,015 | +420.7% |
| Taxes | 450/3 | €717 | €3,732 | +€3,015 | +420.7% |
| Other amounts payable | 47/48 | €12,637 | €18,673 | +€6,036 | +47.8% |
| Accrued charges and deferred income | 492/3 | €101 | - | -€101 | |
| Non-recurring operating income | 76A | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €93 | +€93 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,473 | +€1,473 | |
| Other operating charges | 640/8 | €1,159 | €1,078 | -€81 | -7.0% |
| Gross operating margin | 9900 | -€1,478 | €29,158 | +€30,636 | |
| Operating profit (loss) | 9901 | -€2,637 | €26,514 | +€29,151 | |
| Financial income | 75/76B | €3 | €39 | +€36 | +1097.2% |
| Recurring financial income | 75 | €3 | €39 | +€36 | +1097.2% |
| Financial charges | 65/66B | €132 | €175 | +€43 | +33.0% |
| Recurring financial charges | 65 | €132 | €175 | +€43 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,765 | €26,378 | +€29,143 | |
| Income taxes | 67/77 | - | €673 | +€673 | |
| Profit (loss) for the period | 9904 | -€2,765 | €25,705 | +€28,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,765 | €25,705 | +€28,470 |
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.