Squeak Alarm Systems: 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.
Squeak Alarm Systems
Largest movements
- Tangible fixed assets +€325,000
up €325,000 (+210%), from €154,756 to €479,755
of which Land and buildings: +€339,693
- Cash -€64,096
down €64,096 (-40.8%), from €157,052 to €92,955
mainly Investment in fixed assets (net) (-€386,792) and Contributions, distributions and other (-€100,000)
- Receivables within one year +€25,552
up €25,552 (+32.6%), from €78,456 to €104,008
of which Other amounts receivable: +€17,448
- Intangible fixed assets -€15,500
down €15,500 (-17.9%), from €86,520 to €71,020
- Stocks and contracts +€14,553
up €14,553 (+36.0%), from €40,395 to €54,949
- Debts after one year +€212,788
up €212,788 (+251%), from €84,814 to €297,602
- Other debts +€96,665
up €96,665 (+1,499%), from €6,450 to €103,115
- Reserves -€42,475
down €42,475 (-12.7%), from €335,365 to €292,890
- Current portion of long-term debt +€15,577
up €15,577 (+33.3%), from €46,846 to €62,423
- Trade debts +€13,642
up €13,642 (+74.8%), from €18,231 to €31,872
- Other operating charges +€31,215
up €31,215 (+5,008%), from €623 to €31,838
- Depreciation +€21,345
up €21,345 (+38.2%), from €55,947 to €77,292
- Staff costs -€15,864
down €15,864 (-11.7%), from €135,188 to €119,324
- Taxes -€11,346
down €11,346 (-40.7%), from €27,849 to €16,503
- Gross operating margin -€7,427
down €7,427 (-2.4%), from €312,280 to €304,853
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 | €522,461 | €809,680 | +€287,219 | +55.0% |
| Fixed assets | 21/28 | €241,276 | €550,776 | +€309,500 | +128% |
| Intangible fixed assets | 21 | €86,520 | €71,020 | -€15,500 | -17.9% |
| Tangible fixed assets | 22/27 | €154,756 | €479,755 | +€325,000 | +210% |
| Land and buildings | 22 | €39,276 | €378,969 | +€339,693 | +865% |
| Plant, machinery and equipment | 23 | €6,818 | €12,968 | +€6,150 | +90.2% |
| Furniture and vehicles | 24 | €108,661 | €87,818 | -€20,843 | -19.2% |
| Current assets | 29/58 | €281,185 | €258,904 | -€22,280 | -7.9% |
| Stocks and contracts in progress | 3 | €40,395 | €54,949 | +€14,553 | +36.0% |
| Stocks | 30/36 | €40,395 | €54,949 | +€14,553 | +36.0% |
| Amounts receivable within one year | 40/41 | €78,456 | €104,008 | +€25,552 | +32.6% |
| Trade receivables | 40 | €78,074 | €86,179 | +€8,105 | +10.4% |
| Other amounts receivable | 41 | €381 | €17,829 | +€17,448 | +4,578% |
| Cash at bank and in hand | 54/58 | €157,052 | €92,955 | -€64,096 | -40.8% |
| Deferred charges and accrued income | 490/1 | €5,282 | €6,992 | +€1,710 | +32.4% |
| Total equity and liabilities | 10/49 | €522,461 | €809,680 | +€287,219 | +55.0% |
| Equity | 10/15 | €345,365 | €302,890 | -€42,475 | -12.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €335,365 | €292,890 | -€42,475 | -12.7% |
| Distributable reserves | 133 | €335,365 | €292,890 | -€42,475 | -12.7% |
| Amounts payable | 17/49 | €177,096 | €506,790 | +€329,695 | +186% |
| Amounts payable after more than one year | 17 | €84,814 | €297,602 | +€212,788 | +251% |
| Financial debts | 170/4 | €84,814 | €297,602 | +€212,788 | +251% |
| Amounts payable within one year | 42/48 | €92,282 | €209,189 | +€116,907 | +127% |
| Current portion of amounts payable after more than one year | 42 | €46,846 | €62,423 | +€15,577 | +33.3% |
| Trade debts | 44 | €18,231 | €31,872 | +€13,642 | +74.8% |
| Suppliers | 440/4 | €18,231 | €31,872 | +€13,642 | +74.8% |
| Taxes, remuneration and social security | 45 | €20,755 | €11,778 | -€8,977 | -43.3% |
| Taxes | 450/3 | €12,799 | - | -€12,799 | |
| Remuneration and social security | 454/9 | €7,957 | €11,778 | +€3,822 | +48.0% |
| Other amounts payable | 47/48 | €6,450 | €103,115 | +€96,665 | +1,499% |
| Non-recurring operating income | 76A | €7,005 | - | -€7,005 | |
| Remuneration, social security and pensions | 62 | €135,188 | €119,324 | -€15,864 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,947 | €77,292 | +€21,345 | +38.2% |
| Other operating charges | 640/8 | €623 | €31,838 | +€31,215 | +5,008% |
| Non-recurring operating charges | 66A | €250 | €250 | = | 0.0% |
| Gross operating margin | 9900 | €312,280 | €304,853 | -€7,427 | -2.4% |
| Operating profit (loss) | 9901 | €120,272 | €76,149 | -€44,124 | -36.7% |
| Financial income | 75/76B | €3,018 | €4,572 | +€1,554 | +51.5% |
| Recurring financial income | 75 | €3,018 | €4,572 | +€1,554 | +51.5% |
| Financial charges | 65/66B | €3,905 | €6,693 | +€2,789 | +71.4% |
| Recurring financial charges | 65 | €3,905 | €6,693 | +€2,789 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €119,386 | €74,028 | -€45,358 | -38.0% |
| Income taxes | 67/77 | €27,849 | €16,503 | -€11,346 | -40.7% |
| Profit (loss) for the period | 9904 | €91,538 | €57,525 | -€34,013 | -37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €91,538 | €57,525 | -€34,013 | -37.2% |
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 29 October 2026 via checked.be.