SquirX: 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.
SquirX
Largest movements
- Intangible fixed assets +€5,420
up €5,420 (+7.4%), from €73,093 to €78,513
- Cash -€1,710
down €1,710 (-80.0%), from €2,138 to €428
mainly Investment in fixed assets (net) (-€5,420) and Net result for the year (-€2,494)
- Other debts +€4,694
up €4,694 (+8.0%), from €59,000 to €63,694
- Profit (loss) carried forward -€2,494
down €2,494 (-24.7%), from -€10,114 to -€12,608
- Trade debts +€1,427
up €1,427 (+22.0%), from €6,489 to €7,915
- Gross operating margin -€4,168
down €4,168, from €1,781 to -€2,387
- Other operating charges -€100
no longer reported in 2025 (was €100)
- Financial charges -€83
down €83 (-43.5%), from €190 to €107
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 | €76,641 | €80,810 | +€4,169 | +5.4% |
| Fixed assets | 21/28 | €73,093 | €78,513 | +€5,420 | +7.4% |
| Intangible fixed assets | 21 | €73,093 | €78,513 | +€5,420 | +7.4% |
| Current assets | 29/58 | €3,548 | €2,297 | -€1,251 | -35.3% |
| Amounts receivable within one year | 40/41 | €1,410 | €1,869 | +€459 | +32.6% |
| Trade receivables | 40 | - | €10 | +€10 | |
| Other amounts receivable | 41 | €1,410 | €1,859 | +€449 | +31.9% |
| Cash at bank and in hand | 54/58 | €2,138 | €428 | -€1,710 | -80.0% |
| Total equity and liabilities | 10/49 | €76,641 | €80,810 | +€4,169 | +5.4% |
| Equity | 10/15 | €9,886 | €7,392 | -€2,494 | -25.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,114 | -€12,608 | -€2,494 | -24.7% |
| Amounts payable | 17/49 | €66,754 | €73,417 | +€6,663 | +10.0% |
| Amounts payable within one year | 42/48 | €66,754 | €73,417 | +€6,663 | +10.0% |
| Trade debts | 44 | €6,489 | €7,915 | +€1,427 | +22.0% |
| Suppliers | 440/4 | €6,489 | €7,915 | +€1,427 | +22.0% |
| Taxes, remuneration and social security | 45 | €1,266 | €1,808 | +€543 | +42.9% |
| Taxes | 450/3 | €1,266 | €1,808 | +€543 | +42.9% |
| Other amounts payable | 47/48 | €59,000 | €63,694 | +€4,694 | +8.0% |
| Other operating charges | 640/8 | €100 | - | -€100 | |
| Gross operating margin | 9900 | €1,781 | -€2,387 | -€4,168 | |
| Operating profit (loss) | 9901 | €1,681 | -€2,387 | -€4,068 | |
| Financial charges | 65/66B | €190 | €107 | -€83 | -43.5% |
| Recurring financial charges | 65 | €190 | €107 | -€83 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €1,491 | -€2,494 | -€3,985 | |
| Profit (loss) for the period | 9904 | €1,491 | -€2,494 | -€3,985 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,491 | -€2,494 | -€3,985 |
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 3 October 2026 via checked.be.