SQUARE FEET: 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 FEET
Largest movements
- Receivables within one year +€116,795
up €116,795 (+23.5%), from €496,852 to €613,647
- Cash +€25,096
up €25,096 (+42,037%), from €60 to €25,156
mainly Other debts (+€144,850) and Depreciation (+€4,069)
- Other debts +€144,850
up €144,850 (+12.1%), from €1.2m to €1.3m
- Financial charges -€35,871
down €35,871 (-98.6%), from €36,396 to €525
- Gross operating margin -€1,274
down €1,274 (-32.3%), from -€3,940 to -€5,214
- Financial income -€372
down €372 (-9.7%), from €3,834 to €3,462
- Depreciation -€306
down €306 (-7.0%), from €4,375 to €4,069
- Taxes -€80
no longer reported in 2025 (was €80)
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.
Derived cash bridge
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 | €2,336,413 | €2,473,873 | +€137,459 | +5.9% |
| Fixed assets | 21/28 | €1,839,502 | €1,835,070 | -€4,432 | -0.2% |
| Tangible fixed assets | 22/27 | €81,414 | €77,345 | -€4,069 | -5.0% |
| Land and buildings | 22 | €78,114 | €74,745 | -€3,369 | -4.3% |
| Furniture and vehicles | 24 | €1,750 | €1,050 | -€700 | -40.0% |
| Other tangible fixed assets | 26 | €1,550 | €1,550 | = | 0.0% |
| Financial fixed assets | 28 | €1,758,088 | €1,757,725 | -€363 | 0.0% |
| Current assets | 29/58 | €496,911 | €638,803 | +€141,891 | +28.6% |
| Amounts receivable within one year | 40/41 | €496,852 | €613,647 | +€116,795 | +23.5% |
| Other amounts receivable | 41 | €496,852 | €613,647 | +€116,795 | +23.5% |
| Cash at bank and in hand | 54/58 | €60 | €25,156 | +€25,096 | +42,037% |
| Total equity and liabilities | 10/49 | €2,336,413 | €2,473,873 | +€137,459 | +5.9% |
| Equity | 10/15 | €950,751 | €943,399 | -€7,352 | -0.8% |
| Contributions | 10/11 | €523,400 | €523,400 | = | 0.0% |
| Reserves | 13 | €63,000 | €63,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,000 | €43,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €43,000 | €43,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €364,351 | €356,999 | -€7,352 | -2.0% |
| Amounts payable | 17/49 | €1,385,662 | €1,530,474 | +€144,811 | +10.5% |
| Amounts payable within one year | 42/48 | €1,200,786 | €1,345,598 | +€144,811 | +12.1% |
| Trade debts | 44 | €2,832 | €3,313 | +€481 | +17.0% |
| Suppliers | 440/4 | €2,832 | €3,313 | +€481 | +17.0% |
| Taxes, remuneration and social security | 45 | €630 | €110 | -€519 | -82.5% |
| Taxes | 450/3 | €630 | €110 | -€519 | -82.5% |
| Other amounts payable | 47/48 | €1,197,325 | €1,342,175 | +€144,850 | +12.1% |
| Accrued charges and deferred income | 492/3 | €184,876 | €184,876 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,375 | €4,069 | -€306 | -7.0% |
| Other operating charges | 640/8 | €997 | €1,006 | +€9 | +0.9% |
| Non-recurring operating charges | 66A | €1,784 | - | -€1,784 | |
| Gross operating margin | 9900 | -€3,940 | -€5,214 | -€1,274 | -32.3% |
| Operating profit (loss) | 9901 | -€11,096 | -€10,289 | +€807 | +7.3% |
| Financial income | 75/76B | €3,834 | €3,462 | -€372 | -9.7% |
| Recurring financial income | 75 | €3,834 | €3,462 | -€372 | -9.7% |
| Financial charges | 65/66B | €36,396 | €525 | -€35,871 | -98.6% |
| Recurring financial charges | 65 | €36,396 | €525 | -€35,871 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,658 | -€7,352 | +€36,306 | +83.2% |
| Income taxes | 67/77 | €80 | - | -€80 | |
| Profit (loss) for the period | 9904 | -€43,738 | -€7,352 | +€36,386 | +83.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,738 | -€7,352 | +€36,386 | +83.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.