Square Mint: 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 Mint
Largest movements
- Cash -€13,745
down €13,745 (-35.6%), from €38,633 to €24,888
mainly Contributions, distributions and other (-€228,304) and Receivables within one year (-€13,668)
- Receivables within one year +€13,668
up €13,668 (+88.9%), from €15,366 to €29,034
of which Trade receivables: +€17,224
- Tangible fixed assets -€6,291
down €6,291 (-8.5%), from €73,588 to €67,297
of which Other tangible fixed assets: -€4,822
- Deferred charges and accrued income -€1,411
down €1,411 (-46.2%), from €3,053 to €1,643
- Profit (loss) carried forward -€96,131
no longer reported in 2025 (was €96,131)
- Other debts +€95,516
up €95,516 (+5765.3%), from €1,657 to €97,173
- Tax, wage and social debts -€4,191
down €4,191 (-37.3%), from €11,224 to €7,033
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin +€47,945
up €47,945 (+36.4%), from €131,727 to €179,672
- Taxes +€10,795
up €10,795 (+39.7%), from €27,194 to €37,989
- Depreciation +€4,485
up €4,485 (+72.8%), from €6,158 to €10,643
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 | €130,736 | €122,868 | -€7,868 | -6.0% |
| Fixed assets | 21/28 | €73,588 | €67,297 | -€6,291 | -8.5% |
| Tangible fixed assets | 22/27 | €73,588 | €67,297 | -€6,291 | -8.5% |
| Furniture and vehicles | 24 | €9,080 | €7,611 | -€1,469 | -16.2% |
| Other tangible fixed assets | 26 | €64,508 | €59,687 | -€4,822 | -7.5% |
| Current assets | 29/58 | €57,148 | €55,571 | -€1,577 | -2.8% |
| Amounts receivable within one year | 40/41 | €15,366 | €29,034 | +€13,668 | +88.9% |
| Trade receivables | 40 | €11,810 | €29,034 | +€17,224 | +145.8% |
| Other amounts receivable | 41 | €3,556 | - | -€3,556 | |
| Current investments | 50/53 | €96 | €7 | -€89 | -92.8% |
| Cash at bank and in hand | 54/58 | €38,633 | €24,888 | -€13,745 | -35.6% |
| Deferred charges and accrued income | 490/1 | €3,053 | €1,643 | -€1,411 | -46.2% |
| Total equity and liabilities | 10/49 | €130,736 | €122,868 | -€7,868 | -6.0% |
| Equity | 10/15 | €116,591 | €18,600 | -€97,991 | -84.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €96,131 | - | -€96,131 | |
| Amounts payable | 17/49 | €14,146 | €104,268 | +€90,123 | +637.1% |
| Amounts payable within one year | 42/48 | €14,146 | €104,268 | +€90,123 | +637.1% |
| Financial debts | 43 | €46 | €62 | +€16 | +35.7% |
| Credit institutions | 430/8 | €46 | €62 | +€16 | +35.7% |
| Trade debts | 44 | €1,219 | - | -€1,219 | |
| Suppliers | 440/4 | €1,219 | - | -€1,219 | |
| Taxes, remuneration and social security | 45 | €11,224 | €7,033 | -€4,191 | -37.3% |
| Taxes | 450/3 | €11,224 | €7,033 | -€4,191 | -37.3% |
| Other amounts payable | 47/48 | €1,657 | €97,173 | +€95,516 | +5765.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,158 | €10,643 | +€4,485 | +72.8% |
| Other operating charges | 640/8 | €681 | €400 | -€282 | -41.3% |
| Gross operating margin | 9900 | €131,727 | €179,672 | +€47,945 | +36.4% |
| Operating profit (loss) | 9901 | €124,888 | €168,628 | +€43,741 | +35.0% |
| Financial income | 75/76B | €175 | €10 | -€165 | -94.1% |
| Recurring financial income | 75 | €175 | €10 | -€165 | -94.1% |
| Financial charges | 65/66B | €139 | €337 | +€198 | +142.9% |
| Recurring financial charges | 65 | €139 | €337 | +€198 | +142.9% |
| Profit (loss) for the period before taxes | 9903 | €124,924 | €168,302 | +€43,378 | +34.7% |
| Income taxes | 67/77 | €27,194 | €37,989 | +€10,795 | +39.7% |
| Profit (loss) for the period | 9904 | €97,731 | €130,313 | +€32,583 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,731 | €130,313 | +€32,583 | +33.3% |
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.