Square Alfa: 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.
Square Alfa
Largest movements
- Cash +€6,528
up €6,528 (+361.4%), from €1,806 to €8,335
mainly Net result for the year (+€9,437) and Other debts (+€1,225)
- Receivables within one year +€4,046
up €4,046 (+13.4%), from €30,128 to €34,174
- Profit (loss) carried forward +€9,437
up €9,437 (+66.1%), from -€14,275 to -€4,838
- Financial income +€13,112
up €13,112 (+11623.0%), from €113 to €13,225
- Gross operating margin -€443
down €443 (-28.8%), from -€1,540 to -€1,983
- Financial charges +€27
up €27 (+1.9%), from €1,378 to €1,405
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 | €246,961 | €257,536 | +€10,575 | +4.3% |
| Fixed assets | 21/28 | €215,027 | €215,027 | = | 0.0% |
| Financial fixed assets | 28 | €215,027 | €215,027 | = | 0.0% |
| Current assets | 29/58 | €31,934 | €42,508 | +€10,575 | +33.1% |
| Amounts receivable within one year | 40/41 | €30,128 | €34,174 | +€4,046 | +13.4% |
| Other amounts receivable | 41 | €30,128 | €34,174 | +€4,046 | +13.4% |
| Cash at bank and in hand | 54/58 | €1,806 | €8,335 | +€6,528 | +361.4% |
| Total equity and liabilities | 10/49 | €246,961 | €257,536 | +€10,575 | +4.3% |
| Equity | 10/15 | -€1,875 | €7,562 | +€9,437 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,275 | -€4,838 | +€9,437 | +66.1% |
| Amounts payable | 17/49 | €248,836 | €249,973 | +€1,137 | +0.5% |
| Amounts payable within one year | 42/48 | €248,748 | €249,973 | +€1,225 | +0.5% |
| Other amounts payable | 47/48 | €248,748 | €249,973 | +€1,225 | +0.5% |
| Accrued charges and deferred income | 492/3 | €88 | - | -€88 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,540 | -€1,983 | -€443 | -28.8% |
| Operating profit (loss) | 9901 | -€1,927 | -€2,382 | -€455 | -23.6% |
| Financial income | 75/76B | €113 | €13,225 | +€13,112 | +11623.0% |
| Recurring financial income | 75 | €113 | €13,225 | +€13,112 | +11623.0% |
| Financial charges | 65/66B | €1,378 | €1,405 | +€27 | +1.9% |
| Recurring financial charges | 65 | €1,378 | €1,405 | +€27 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,193 | €9,437 | +€12,630 | |
| Profit (loss) for the period | 9904 | -€3,193 | €9,437 | +€12,630 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,193 | €9,437 | +€12,630 |
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 5 October 2026 via checked.be.