Square NT Europe: what changed
Square NT Europe
Largest movements
- Cash +€35,449
up €35,449 (+33.1%), from €107,096 to €142,545
mainly Net result for the year (+€59,909) and Tax, wage and social debts (+€16,400)
- Tangible fixed assets +€17,847
up €17,847 (+365%), from €4,883 to €22,730
- Receivables within one year +€16,854
up €16,854 (+96.6%), from €17,443 to €34,297
of which Trade receivables: +€12,643
- Profit (loss) carried forward +€59,909
up €59,909 (+64.4%), from €93,082 to €152,991
- Tax, wage and social debts +€16,400
up €16,400 (+88.9%), from €18,450 to €34,850
- Trade debts -€3,516
down €3,516 (-23.9%), from €14,700 to €11,184
- Other debts -€2,644
no longer reported in 2025 (was €2,644)
- Gross operating margin +€10,551
up €10,551 (+12.7%), from €83,017 to €93,568
- Depreciation +€9,180
up €9,180 (+952%), from €964 to €10,144
- Other operating charges +€6,965
up €6,965 (+12,613%), from €55 to €7,020
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,876 | €202,025 | +€70,149 | +53.2% |
| Fixed assets | 21/28 | €4,883 | €22,730 | +€17,847 | +365% |
| Tangible fixed assets | 22/27 | €4,883 | €22,730 | +€17,847 | +365% |
| Furniture and vehicles | 24 | €4,883 | €22,730 | +€17,847 | +365% |
| Current assets | 29/58 | €126,993 | €179,295 | +€52,302 | +41.2% |
| Amounts receivable within one year | 40/41 | €17,443 | €34,297 | +€16,854 | +96.6% |
| Trade receivables | 40 | €16,757 | €29,400 | +€12,643 | +75.4% |
| Other amounts receivable | 41 | €686 | €4,897 | +€4,211 | +614% |
| Cash at bank and in hand | 54/58 | €107,096 | €142,545 | +€35,449 | +33.1% |
| Deferred charges and accrued income | 490/1 | €2,453 | €2,453 | = | 0.0% |
| Total equity and liabilities | 10/49 | €131,876 | €202,025 | +€70,149 | +53.2% |
| Equity | 10/15 | €96,082 | €155,991 | +€59,909 | +62.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €93,082 | €152,991 | +€59,909 | +64.4% |
| Amounts payable | 17/49 | €35,794 | €46,034 | +€10,240 | +28.6% |
| Amounts payable within one year | 42/48 | €35,794 | €46,034 | +€10,240 | +28.6% |
| Trade debts | 44 | €14,700 | €11,184 | -€3,516 | -23.9% |
| Suppliers | 440/4 | €14,700 | €11,184 | -€3,516 | -23.9% |
| Taxes, remuneration and social security | 45 | €18,450 | €34,850 | +€16,400 | +88.9% |
| Taxes | 450/3 | €18,450 | €34,850 | +€16,400 | +88.9% |
| Other amounts payable | 47/48 | €2,644 | - | -€2,644 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €964 | €10,144 | +€9,180 | +952% |
| Other operating charges | 640/8 | €55 | €7,020 | +€6,965 | +12,613% |
| Gross operating margin | 9900 | €83,017 | €93,568 | +€10,551 | +12.7% |
| Operating profit (loss) | 9901 | €81,997 | €76,404 | -€5,593 | -6.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +300% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +300% |
| Financial charges | 65/66B | €50 | €95 | +€45 | +90.3% |
| Recurring financial charges | 65 | €50 | €95 | +€45 | +90.3% |
| Profit (loss) for the period before taxes | 9903 | €81,947 | €76,309 | -€5,638 | -6.9% |
| Income taxes | 67/77 | €16,753 | €16,400 | -€353 | -2.1% |
| Profit (loss) for the period | 9904 | €65,194 | €59,909 | -€5,285 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,194 | €59,909 | -€5,285 | -8.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.