Square Invest: 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 Invest
Largest movements
- Cash +€7,021
up €7,021 (+226%), from €3,106 to €10,127
mainly Net result for the year (+€7,130) and Trade debts (+€3,760)
- Receivables within one year +€5,069
up €5,069 (+88.1%), from €5,755 to €10,824
of which Trade receivables: +€4,459
- Profit (loss) carried forward +€7,130
up €7,130 (+2.1%), from -€342,431 to -€335,301
- Trade debts +€3,760
up €3,760 (+205%), from €1,830 to €5,590
- Other debts +€1,000
up €1,000, from €0 to €1,000
- Gross operating margin +€4,108
up €4,108 (+71.4%), from €5,755 to €9,862
- Financial charges +€1,497
up €1,497 (+738%), from €203 to €1,700
- Other operating charges +€379
up €379 (+83.4%), from €454 to €832
- Depreciation +€139
up €139 (+227%), from €61 to €200
- Taxes -€120
no longer reported in 2025 (was €120)
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 | €9,398 | €21,289 | +€11,890 | +127% |
| Fixed assets | 21/28 | €538 | €338 | -€200 | -37.1% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €538 | €338 | -€200 | -37.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €538 | €338 | -€200 | -37.1% |
| Current assets | 29/58 | €8,861 | €20,950 | +€12,090 | +136% |
| Amounts receivable within one year | 40/41 | €5,755 | €10,824 | +€5,069 | +88.1% |
| Trade receivables | 40 | €2,097 | €6,556 | +€4,459 | +213% |
| Other amounts receivable | 41 | €3,658 | €4,268 | +€610 | +16.7% |
| Cash at bank and in hand | 54/58 | €3,106 | €10,127 | +€7,021 | +226% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €9,398 | €21,289 | +€11,890 | +127% |
| Equity | 10/15 | €7,569 | €14,699 | +€7,130 | +94.2% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€342,431 | -€335,301 | +€7,130 | +2.1% |
| Amounts payable | 17/49 | €1,830 | €6,590 | +€4,760 | +260% |
| Amounts payable within one year | 42/48 | €1,830 | €6,590 | +€4,760 | +260% |
| Trade debts | 44 | €1,830 | €5,590 | +€3,760 | +205% |
| Suppliers | 440/4 | €1,830 | €5,590 | +€3,760 | +205% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61 | €200 | +€139 | +227% |
| Other operating charges | 640/8 | €454 | €832 | +€379 | +83.4% |
| Gross operating margin | 9900 | €5,755 | €9,862 | +€4,108 | +71.4% |
| Operating profit (loss) | 9901 | €5,240 | €8,830 | +€3,591 | +68.5% |
| Financial charges | 65/66B | €203 | €1,700 | +€1,497 | +738% |
| Recurring financial charges | 65 | €203 | €1,700 | +€1,497 | +738% |
| Profit (loss) for the period before taxes | 9903 | €5,037 | €7,130 | +€2,093 | +41.6% |
| Income taxes | 67/77 | €120 | - | -€120 | |
| Profit (loss) for the period | 9904 | €4,917 | €7,130 | +€2,213 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,917 | €7,130 | +€2,213 | +45.0% |
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 27 October 2026 via checked.be.