SQUAREPOINT-POINTCARRE: what changed
Two fiscal 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.
SQUAREPOINT-POINTCARRE
Largest movements
- Current investments +€89,510
up €89,510 (+12.5%), from €714,541 to €804,051
- Receivables within one year +€37,025
up €37,025 (+53.8%), from €68,820 to €105,845
of which Trade receivables: +€21,352
- Tangible fixed assets -€30,400
down €30,400 (-5.7%), from €529,909 to €499,508
of which Land and buildings: -€19,329
- Cash -€23,825
down €23,825 (-17.0%), from €139,838 to €116,014
mainly Current investments (-€89,510) and Receivables within one year (-€37,025)
- Reserves +€90,791
up €90,791 (+6.6%), from €1.4m to €1.5m
of which Distributable reserves: +€90,791
- Debts after one year -€23,215
down €23,215 (-48.9%), from €47,498 to €24,283
- Gross operating margin -€18,127
down €18,127 (-8.6%), from €210,646 to €192,519
- Financial income +€9,946
up €9,946 (+38.4%), from €25,882 to €35,828
- Financial charges -€6,594
down €6,594 (-59.6%), from €11,072 to €4,477
- Taxes -€2,338
down €2,338 (-6.1%), from €38,166 to €35,827
- Depreciation -€2,248
down €2,248 (-6.7%), from €33,537 to €31,289
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 | €1,473,273 | €1,544,470 | +€71,197 | +4.8% |
| Fixed assets | 21/28 | €545,133 | €514,733 | -€30,400 | -5.6% |
| Tangible fixed assets | 22/27 | €529,909 | €499,508 | -€30,400 | -5.7% |
| Land and buildings | 22 | €492,300 | €472,970 | -€19,329 | -3.9% |
| Furniture and vehicles | 24 | €37,609 | €26,538 | -€11,071 | -29.4% |
| Financial fixed assets | 28 | €15,225 | €15,225 | = | 0.0% |
| Current assets | 29/58 | €928,139 | €1,029,737 | +€101,597 | +10.9% |
| Amounts receivable within one year | 40/41 | €68,820 | €105,845 | +€37,025 | +53.8% |
| Trade receivables | 40 | €62,582 | €83,934 | +€21,352 | +34.1% |
| Other amounts receivable | 41 | €6,238 | €21,911 | +€15,673 | +251.3% |
| Current investments | 50/53 | €714,541 | €804,051 | +€89,510 | +12.5% |
| Cash at bank and in hand | 54/58 | €139,838 | €116,014 | -€23,825 | -17.0% |
| Deferred charges and accrued income | 490/1 | €4,941 | €3,827 | -€1,113 | -22.5% |
| Total equity and liabilities | 10/49 | €1,473,273 | €1,544,470 | +€71,197 | +4.8% |
| Equity | 10/15 | €1,390,450 | €1,481,241 | +€90,791 | +6.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,371,850 | €1,462,641 | +€90,791 | +6.6% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Distributable reserves | 133 | €1,315,600 | €1,406,391 | +€90,791 | +6.9% |
| Amounts payable | 17/49 | €82,823 | €63,229 | -€19,594 | -23.7% |
| Amounts payable after more than one year | 17 | €47,498 | €24,283 | -€23,215 | -48.9% |
| Financial debts | 170/4 | €47,498 | €24,283 | -€23,215 | -48.9% |
| Amounts payable within one year | 42/48 | €35,324 | €38,945 | +€3,621 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €22,194 | €23,215 | +€1,021 | +4.6% |
| Trade debts | 44 | €1,204 | €951 | -€253 | -21.0% |
| Suppliers | 440/4 | €1,204 | €951 | -€253 | -21.0% |
| Taxes, remuneration and social security | 45 | €11,926 | €14,779 | +€2,854 | +23.9% |
| Taxes | 450/3 | €2,806 | €5,635 | +€2,830 | +100.9% |
| Remuneration and social security | 454/9 | €9,120 | €9,144 | +€24 | +0.3% |
| Non-recurring operating income | 76A | €692 | - | -€692 | |
| Remuneration, social security and pensions | 62 | €64,495 | €64,472 | -€23 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,537 | €31,289 | -€2,248 | -6.7% |
| Other operating charges | 640/8 | €1,353 | €1,490 | +€137 | +10.1% |
| Gross operating margin | 9900 | €210,646 | €192,519 | -€18,127 | -8.6% |
| Operating profit (loss) | 9901 | €111,260 | €95,267 | -€15,993 | -14.4% |
| Financial income | 75/76B | €25,882 | €35,828 | +€9,946 | +38.4% |
| Recurring financial income | 75 | €25,882 | €35,828 | +€9,946 | +38.4% |
| Financial charges | 65/66B | €11,072 | €4,477 | -€6,594 | -59.6% |
| Recurring financial charges | 65 | €11,072 | €4,477 | -€6,594 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €126,070 | €126,618 | +€548 | +0.4% |
| Income taxes | 67/77 | €38,166 | €35,827 | -€2,338 | -6.1% |
| Profit (loss) for the period | 9904 | €87,905 | €90,791 | +€2,886 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €87,905 | €90,791 | +€2,886 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.