Squipp: 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.
Squipp
Largest movements
- Receivables after one year -€103,514
down €103,514 (-100.0%), from €103,514 to €0
- Receivables within one year -€85,630
down €85,630 (-99.5%), from €86,036 to €407
of which Trade receivables: -€74,038
- Cash +€24,689
up €24,689 (+89.3%), from €27,642 to €52,331
mainly Receivables after one year (+€103,514) and Receivables within one year (+€85,630)
- Tangible fixed assets -€7,636
down €7,636 (-3.2%), from €235,183 to €227,547
of which Land and buildings: -€6,812
- Other debts -€115,227
down €115,227 (-99.8%), from €115,512 to €286
- Trade debts -€71,469
down €71,469 (-98.1%), from €72,865 to €1,396
- Profit (loss) carried forward +€44,124
up €44,124 (+35.4%), from €124,611 to €168,735
- Tax, wage and social debts -€16,991
down €16,991 (-50.3%), from €33,746 to €16,755
of which Taxes: -€14,341
- Debts after one year -€9,025
down €9,025 (-9.4%), from €95,740 to €86,714
- Gross operating margin +€33,842
up €33,842 (+93.7%), from €36,131 to €69,973
- Taxes +€4,629
up €4,629 (+54.7%), from €8,464 to €13,093
- Financial income -€3,938
down €3,938 (-99.7%), from €3,948 to €10
- Other operating charges +€2,357
up €2,357 (+97.0%), from €2,430 to €4,788
- Financial charges -€2,144
down €2,144, from €2,012 to -€132
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 | €456,346 | €285,562 | -€170,785 | -37.4% |
| Fixed assets | 21/28 | €237,140 | €229,030 | -€8,110 | -3.4% |
| Intangible fixed assets | 21 | €1,957 | €1,483 | -€474 | -24.2% |
| Tangible fixed assets | 22/27 | €235,183 | €227,547 | -€7,636 | -3.2% |
| Land and buildings | 22 | €233,114 | €226,301 | -€6,812 | -2.9% |
| Furniture and vehicles | 24 | €2,070 | €1,246 | -€823 | -39.8% |
| Current assets | 29/58 | €219,206 | €56,531 | -€162,675 | -74.2% |
| Amounts receivable after more than one year | 29 | €103,514 | €0 | -€103,514 | -100.0% |
| Other amounts receivable | 291 | €103,514 | €0 | -€103,514 | -100.0% |
| Amounts receivable within one year | 40/41 | €86,036 | €407 | -€85,630 | -99.5% |
| Trade receivables | 40 | €74,038 | €0 | -€74,038 | -100.0% |
| Other amounts receivable | 41 | €11,998 | €407 | -€11,592 | -96.6% |
| Cash at bank and in hand | 54/58 | €27,642 | €52,331 | +€24,689 | +89.3% |
| Deferred charges and accrued income | 490/1 | €2,013 | €3,794 | +€1,780 | +88.4% |
| Total equity and liabilities | 10/49 | €456,346 | €285,562 | -€170,785 | -37.4% |
| Equity | 10/15 | €129,611 | €173,735 | +€44,124 | +34.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,611 | €168,735 | +€44,124 | +35.4% |
| Amounts payable | 17/49 | €326,735 | €111,827 | -€214,909 | -65.8% |
| Amounts payable after more than one year | 17 | €95,740 | €86,714 | -€9,025 | -9.4% |
| Financial debts | 170/4 | €95,740 | €86,714 | -€9,025 | -9.4% |
| Amounts payable within one year | 42/48 | €230,996 | €25,112 | -€205,883 | -89.1% |
| Current portion of amounts payable after more than one year | 42 | €8,872 | €6,675 | -€2,197 | -24.8% |
| Trade debts | 44 | €72,865 | €1,396 | -€71,469 | -98.1% |
| Suppliers | 440/4 | €72,865 | €1,396 | -€71,469 | -98.1% |
| Taxes, remuneration and social security | 45 | €33,746 | €16,755 | -€16,991 | -50.3% |
| Taxes | 450/3 | €31,096 | €16,755 | -€14,341 | -46.1% |
| Remuneration and social security | 454/9 | €2,650 | €0 | -€2,650 | -100.0% |
| Other amounts payable | 47/48 | €115,512 | €286 | -€115,227 | -99.8% |
| Non-recurring operating income | 76A | - | €219 | +€219 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,907 | €8,110 | +€203 | +2.6% |
| Other operating charges | 640/8 | €2,430 | €4,788 | +€2,357 | +97.0% |
| Gross operating margin | 9900 | €36,131 | €69,973 | +€33,842 | +93.7% |
| Operating profit (loss) | 9901 | €25,794 | €57,075 | +€31,281 | +121.3% |
| Financial income | 75/76B | €3,948 | €10 | -€3,938 | -99.7% |
| Recurring financial income | 75 | €3,948 | €10 | -€3,938 | -99.7% |
| Financial charges | 65/66B | €2,012 | -€132 | -€2,144 | |
| Recurring financial charges | 65 | €2,012 | -€132 | -€2,144 | |
| Profit (loss) for the period before taxes | 9903 | €27,729 | €57,217 | +€29,488 | +106.3% |
| Income taxes | 67/77 | €8,464 | €13,093 | +€4,629 | +54.7% |
| Profit (loss) for the period | 9904 | €19,265 | €44,124 | +€24,859 | +129.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,265 | €44,124 | +€24,859 | +129.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.