SQUARE FACTORY: 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.
SQUARE FACTORY
Largest movements
- Stocks and contracts +€26,597
new in 2025: €26,597
- Cash -€10,545
down €10,545 (-61.8%), from €17,069 to €6,524
mainly Stocks and contracts (-€26,597) and Other debts (-€12,112)
- Receivables within one year +€6,761
up €6,761 (+745.0%), from €908 to €7,668
- Profit (loss) carried forward +€34,829
up €34,829 (+13.5%), from -€258,603 to -€223,774
- Other debts -€12,112
down €12,112 (-6.7%), from €181,850 to €169,738
- Turnover +€52,634
up €52,634 (+663.9%), from €7,927 to €60,561
- Purchases and services +€25,738
new in 2025: €25,738
- Gross operating margin -€24,045
down €24,045 (-40.8%), from €58,874 to €34,829
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 | €17,976 | €40,789 | +€22,813 | +126.9% |
| Current assets | 29/58 | €17,976 | €40,789 | +€22,813 | +126.9% |
| Stocks and contracts in progress | 3 | - | €26,597 | +€26,597 | |
| Stocks | 30/36 | - | €26,597 | +€26,597 | |
| Amounts receivable within one year | 40/41 | €908 | €7,668 | +€6,761 | +745.0% |
| Trade receivables | 40 | €908 | €7,668 | +€6,761 | +745.0% |
| Cash at bank and in hand | 54/58 | €17,069 | €6,524 | -€10,545 | -61.8% |
| Total equity and liabilities | 10/49 | €17,976 | €40,789 | +€22,813 | +126.9% |
| Equity | 10/15 | -€167,403 | -€132,574 | +€34,829 | +20.8% |
| Contributions | 10/11 | €91,200 | €91,200 | = | 0.0% |
| Capital | 10 | €91,200 | - | -€91,200 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Uncalled capital | 101 | €8,800 | - | -€8,800 | |
| Profit (loss) carried forward | 14 | -€258,603 | -€223,774 | +€34,829 | +13.5% |
| Amounts payable | 17/49 | €185,379 | €173,363 | -€12,016 | -6.5% |
| Amounts payable within one year | 42/48 | €185,379 | €173,363 | -€12,016 | -6.5% |
| Trade debts | 44 | - | €180 | +€180 | |
| Suppliers | 440/4 | - | €180 | +€180 | |
| Taxes, remuneration and social security | 45 | €3,529 | €3,445 | -€84 | -2.4% |
| Taxes | 450/3 | €3,529 | €3,445 | -€84 | -2.4% |
| Other amounts payable | 47/48 | €181,850 | €169,738 | -€12,112 | -6.7% |
| Turnover | 70 | €7,927 | €60,561 | +€52,634 | +663.9% |
| Non-recurring operating income | 76A | €66,802 | - | -€66,802 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €25,738 | +€25,738 | |
| Gross operating margin | 9900 | €58,874 | €34,829 | -€24,045 | -40.8% |
| Operating profit (loss) | 9901 | €58,874 | €34,829 | -€24,045 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €58,874 | €34,829 | -€24,045 | -40.8% |
| Profit (loss) for the period | 9904 | €58,874 | €34,829 | -€24,045 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,874 | €34,829 | -€24,045 | -40.8% |
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 11 October 2026 via checked.be.