SQUARE TO WOK: 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 TO WOK
Largest movements
- Cash +€66,130
new in 2023: €66,130
mainly Net result for the year (+€64,639) and Other debts (+€25,000)
- Receivables within one year +€19,674
up €19,674 (+984%), from €2,000 to €21,674
of which Trade receivables: +€18,641
- Stocks and contracts +€2,381
new in 2023: €2,381
- Profit (loss) carried forward +€39,639
up €39,639, from -€488 to €39,151
- Other debts +€25,000
new in 2023: €25,000
- Tax, wage and social debts +€19,631
new in 2023: €19,631
of which Taxes: +€17,824
- Trade debts +€3,914
up €3,914 (+802%), from €488 to €4,402
- Gross operating margin +€141,411
up €141,411, from -€95 to €141,316
- Staff costs +€65,432
new in 2023: €65,432
- Taxes +€10,395
new in 2023: €10,395
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,000 | €90,185 | +€88,185 | +4,409% |
| Current assets | 29/58 | €2,000 | €90,185 | +€88,185 | +4,409% |
| Stocks and contracts in progress | 3 | - | €2,381 | +€2,381 | |
| Stocks | 30/36 | - | €2,381 | +€2,381 | |
| Amounts receivable within one year | 40/41 | €2,000 | €21,674 | +€19,674 | +984% |
| Trade receivables | 40 | - | €18,641 | +€18,641 | |
| Other amounts receivable | 41 | €2,000 | €3,033 | +€1,033 | +51.6% |
| Cash at bank and in hand | 54/58 | - | €66,130 | +€66,130 | |
| Total equity and liabilities | 10/49 | €2,000 | €90,185 | +€88,185 | +4,409% |
| Equity | 10/15 | €1,512 | €41,151 | +€39,639 | +2,621% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€488 | €39,151 | +€39,639 | |
| Amounts payable | 17/49 | €488 | €49,034 | +€48,546 | +9,952% |
| Amounts payable within one year | 42/48 | €488 | €49,034 | +€48,546 | +9,952% |
| Trade debts | 44 | €488 | €4,402 | +€3,914 | +802% |
| Suppliers | 440/4 | €488 | €4,402 | +€3,914 | +802% |
| Taxes, remuneration and social security | 45 | - | €19,631 | +€19,631 | |
| Taxes | 450/3 | - | €17,824 | +€17,824 | |
| Remuneration and social security | 454/9 | - | €1,808 | +€1,808 | |
| Other amounts payable | 47/48 | - | €25,000 | +€25,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €95 | - | -€95 | |
| Remuneration, social security and pensions | 62 | - | €65,432 | +€65,432 | |
| Other operating charges | 640/8 | €348 | €839 | +€491 | +141% |
| Gross operating margin | 9900 | -€95 | €141,316 | +€141,411 | |
| Operating profit (loss) | 9901 | -€443 | €75,045 | +€75,488 | |
| Financial charges | 65/66B | €45 | €11 | -€34 | -76.0% |
| Recurring financial charges | 65 | €45 | €11 | -€34 | -76.0% |
| Profit (loss) for the period before taxes | 9903 | -€488 | €75,035 | +€75,522 | |
| Income taxes | 67/77 | - | €10,395 | +€10,395 | |
| Profit (loss) for the period | 9904 | -€488 | €64,639 | +€65,127 | |
| Profit (loss) for the period to be appropriated | 9905 | -€488 | €64,639 | +€65,127 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.