Squatelier: 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.
Squatelier
Largest movements
- Receivables within one year +€24,425
up €24,425 (+243%), from €10,047 to €34,472
of which Trade receivables: +€24,355
- Tangible fixed assets -€6,216
down €6,216 (-12.1%), from €51,441 to €45,225
- Cash +€6,068
up €6,068 (+26.9%), from €22,574 to €28,642
mainly Net result for the year (+€49,359) and Depreciation (+€6,216)
- Profit (loss) carried forward +€49,359
up €49,359, from -€10,311 to €39,048
- Other debts -€26,001
down €26,001 (-30.2%), from €85,982 to €59,981
- Tax, wage and social debts +€2,561
up €2,561 (+228%), from €1,125 to €3,686
- Trade debts -€1,641
down €1,641 (-38.5%), from €4,266 to €2,624
- Gross operating margin +€79,344
up €79,344, from -€3,069 to €76,275
- Taxes +€16,940
new in 2025: €16,940
- Depreciation +€1,605
up €1,605 (+34.8%), from €4,611 to €6,216
- Financial charges +€1,517
up €1,517 (+559%), from €271 to €1,788
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 | €84,062 | €108,339 | +€24,277 | +28.9% |
| Fixed assets | 21/28 | €51,441 | €45,225 | -€6,216 | -12.1% |
| Tangible fixed assets | 22/27 | €51,441 | €45,225 | -€6,216 | -12.1% |
| Other tangible fixed assets | 26 | €51,441 | €45,225 | -€6,216 | -12.1% |
| Current assets | 29/58 | €32,621 | €63,114 | +€30,494 | +93.5% |
| Amounts receivable within one year | 40/41 | €10,047 | €34,472 | +€24,425 | +243% |
| Trade receivables | 40 | €6,265 | €30,619 | +€24,355 | +389% |
| Other amounts receivable | 41 | €3,782 | €3,853 | +€71 | +1.9% |
| Cash at bank and in hand | 54/58 | €22,574 | €28,642 | +€6,068 | +26.9% |
| Total equity and liabilities | 10/49 | €84,062 | €108,339 | +€24,277 | +28.9% |
| Equity | 10/15 | -€7,311 | €42,048 | +€49,359 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,311 | €39,048 | +€49,359 | |
| Amounts payable | 17/49 | €91,373 | €66,291 | -€25,082 | -27.5% |
| Amounts payable within one year | 42/48 | €91,373 | €66,291 | -€25,082 | -27.5% |
| Trade debts | 44 | €4,266 | €2,624 | -€1,641 | -38.5% |
| Suppliers | 440/4 | €4,266 | €2,624 | -€1,641 | -38.5% |
| Taxes, remuneration and social security | 45 | €1,125 | €3,686 | +€2,561 | +228% |
| Taxes | 450/3 | €1,125 | €3,686 | +€2,561 | +228% |
| Other amounts payable | 47/48 | €85,982 | €59,981 | -€26,001 | -30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,611 | €6,216 | +€1,605 | +34.8% |
| Other operating charges | 640/8 | €2,360 | €1,971 | -€388 | -16.5% |
| Gross operating margin | 9900 | -€3,069 | €76,275 | +€79,344 | |
| Operating profit (loss) | 9901 | -€10,039 | €68,087 | +€78,127 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €271 | €1,788 | +€1,517 | +559% |
| Recurring financial charges | 65 | €271 | €1,788 | +€1,517 | +559% |
| Profit (loss) for the period before taxes | 9903 | -€10,311 | €66,299 | +€76,610 | |
| Income taxes | 67/77 | - | €16,940 | +€16,940 | |
| Profit (loss) for the period | 9904 | -€10,311 | €49,359 | +€59,670 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,311 | €49,359 | +€59,670 |
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 15 October 2026 via checked.be.