SQUARE PATRIMOINE: 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 PATRIMOINE
Largest movements
- Tangible fixed assets +€59,291
up €59,291 (+7.0%), from €843,870 to €903,161
of which Other tangible fixed assets: +€78,666
- Other debts +€81,000
up €81,000 (+15.0%), from €541,179 to €622,179
- Profit (loss) carried forward -€38,687
down €38,687 (-87.3%), from -€44,334 to -€83,021
- Trade debts +€38,344
up €38,344 (+66.2%), from €57,904 to €96,247
- Debts after one year -€18,817
down €18,817 (-8.6%), from €217,931 to €199,114
- Depreciation +€23,342
up €23,342 (+99.9%), from €23,367 to €46,709
- Gross operating margin -€7,520
down €7,520 (-28.8%), from €26,124 to €18,604
- Financial charges -€329
down €329 (-7.0%), from €4,718 to €4,389
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 | €853,151 | €915,336 | +€62,185 | +7.3% |
| Fixed assets | 21/28 | €843,870 | €903,161 | +€59,291 | +7.0% |
| Tangible fixed assets | 22/27 | €843,870 | €903,161 | +€59,291 | +7.0% |
| Land and buildings | 22 | €680,526 | €661,150 | -€19,375 | -2.8% |
| Other tangible fixed assets | 26 | €163,344 | €242,011 | +€78,666 | +48.2% |
| Current assets | 29/58 | €9,281 | €12,175 | +€2,894 | +31.2% |
| Cash at bank and in hand | 54/58 | €8,308 | €9,175 | +€867 | +10.4% |
| Deferred charges and accrued income | 490/1 | €973 | €3,000 | +€2,027 | +208% |
| Total equity and liabilities | 10/49 | €853,151 | €915,336 | +€62,185 | +7.3% |
| Equity | 10/15 | €17,666 | -€21,021 | -€38,687 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,334 | -€83,021 | -€38,687 | -87.3% |
| Amounts payable | 17/49 | €835,486 | €936,357 | +€100,872 | +12.1% |
| Amounts payable after more than one year | 17 | €217,931 | €199,114 | -€18,817 | -8.6% |
| Financial debts | 170/4 | €217,931 | €199,114 | -€18,817 | -8.6% |
| Amounts payable within one year | 42/48 | €617,555 | €737,243 | +€119,688 | +19.4% |
| Current portion of amounts payable after more than one year | 42 | €18,472 | €18,817 | +€345 | +1.9% |
| Trade debts | 44 | €57,904 | €96,247 | +€38,344 | +66.2% |
| Suppliers | 440/4 | €57,904 | €96,247 | +€38,344 | +66.2% |
| Other amounts payable | 47/48 | €541,179 | €622,179 | +€81,000 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,367 | €46,709 | +€23,342 | +99.9% |
| Other operating charges | 640/8 | €6,321 | €6,193 | -€128 | -2.0% |
| Gross operating margin | 9900 | €26,124 | €18,604 | -€7,520 | -28.8% |
| Operating profit (loss) | 9901 | -€3,563 | -€34,298 | -€30,734 | -862% |
| Financial charges | 65/66B | €4,718 | €4,389 | -€329 | -7.0% |
| Recurring financial charges | 65 | €4,718 | €4,389 | -€329 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,281 | -€38,687 | -€30,405 | -367% |
| Profit (loss) for the period | 9904 | -€8,281 | -€38,687 | -€30,405 | -367% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,281 | -€38,687 | -€30,405 | -367% |
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 24 October 2026 via checked.be.