SQUADRA SOLUTIONS: 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.
SQUADRA SOLUTIONS
Largest movements
- Receivables within one year +€5,079
up €5,079 (+22.6%), from €22,511 to €27,590
of which Other amounts receivable: +€6,289
- Deferred charges and accrued income +€967
up €967 (+1478.8%), from €65 to €1,032
- Tangible fixed assets -€428
down €428 (-17.0%), from €2,515 to €2,087
of which Furniture and vehicles: -€428
- Profit (loss) carried forward +€7,161
up €7,161 (+29.4%), from -€24,335 to -€17,174
- Tax, wage and social debts -€2,736
down €2,736 (-92.2%), from €2,968 to €232
- Reserves -€1,859
down €1,859 (-100.0%), from €1,859 to €0
- Other debts +€1,500
up €1,500 (+8.3%), from €18,113 to €19,613
- Trade debts +€1,273
up €1,273 (+97.1%), from €1,312 to €2,585
- Gross operating margin -€14,095
down €14,095 (-67.8%), from €20,789 to €6,694
- Financial income +€967
up €967 (+1478.8%), from €65 to €1,032
- Financial charges +€323
up €323 (+25.4%), from €1,273 to €1,597
- Depreciation -€218
down €218 (-33.8%), from €646 to €428
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 | €25,456 | €31,064 | +€5,608 | +22.0% |
| Fixed assets | 21/28 | €2,515 | €2,087 | -€428 | -17.0% |
| Tangible fixed assets | 22/27 | €2,515 | €2,087 | -€428 | -17.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,515 | €2,087 | -€428 | -17.0% |
| Current assets | 29/58 | €22,940 | €28,977 | +€6,036 | +26.3% |
| Amounts receivable within one year | 40/41 | €22,511 | €27,590 | +€5,079 | +22.6% |
| Trade receivables | 40 | €1,210 | €0 | -€1,210 | -100.0% |
| Other amounts receivable | 41 | €21,301 | €27,590 | +€6,289 | +29.5% |
| Cash at bank and in hand | 54/58 | €364 | €355 | -€9 | -2.5% |
| Deferred charges and accrued income | 490/1 | €65 | €1,032 | +€967 | +1478.8% |
| Total equity and liabilities | 10/49 | €25,456 | €31,064 | +€5,608 | +22.0% |
| Equity | 10/15 | -€3,884 | €1,418 | +€5,302 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €0 | -€1,859 | -100.0% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100.0% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100.0% |
| Profit (loss) carried forward | 14 | -€24,335 | -€17,174 | +€7,161 | +29.4% |
| Amounts payable | 17/49 | €29,339 | €29,646 | +€306 | +1.0% |
| Amounts payable within one year | 42/48 | €29,339 | €29,646 | +€306 | +1.0% |
| Financial debts | 43 | €6,947 | €7,216 | +€269 | +3.9% |
| Credit institutions | 430/8 | €6,947 | €7,216 | +€269 | +3.9% |
| Trade debts | 44 | €1,312 | €2,585 | +€1,273 | +97.1% |
| Suppliers | 440/4 | €1,312 | €2,585 | +€1,273 | +97.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,968 | €232 | -€2,736 | -92.2% |
| Taxes | 450/3 | €2,968 | €232 | -€2,736 | -92.2% |
| Other amounts payable | 47/48 | €18,113 | €19,613 | +€1,500 | +8.3% |
| Non-recurring operating income | 76A | €12,030 | €0 | -€12,030 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €646 | €428 | -€218 | -33.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €12,172 | €0 | -€12,172 | -100.0% |
| Gross operating margin | 9900 | €20,789 | €6,694 | -€14,095 | -67.8% |
| Operating profit (loss) | 9901 | €7,584 | €5,867 | -€1,717 | -22.6% |
| Financial income | 75/76B | €65 | €1,032 | +€967 | +1478.8% |
| Recurring financial income | 75 | €65 | €1,032 | +€967 | +1478.8% |
| Financial charges | 65/66B | €1,273 | €1,597 | +€323 | +25.4% |
| Recurring financial charges | 65 | €1,273 | €1,597 | +€323 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €6,376 | €5,302 | -€1,074 | -16.8% |
| Profit (loss) for the period | 9904 | €6,376 | €5,302 | -€1,074 | -16.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €6,376 | €5,302 | -€1,074 | -16.8% |
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 4 October 2026 via checked.be.