SQUISITOO: 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.
SQUISITOO
Largest movements
- Receivables within one year -€13,294
down €13,294 (-78.3%), from €16,988 to €3,695
of which Other amounts receivable: -€12,090
- Tangible fixed assets -€7,622
down €7,622 (-36.9%), from €20,680 to €13,059
- Cash +€4,745
up €4,745 (+38.6%), from €12,295 to €17,041
mainly Receivables within one year (+€13,294) and Depreciation (+€8,066)
- Stocks and contracts +€2,841
up €2,841 (+66.0%), from €4,303 to €7,144
- Deferred charges and accrued income +€1,703
up €1,703 (+631.4%), from €270 to €1,972
- Profit (loss) carried forward -€8,322
down €8,322 (-54.7%), from €15,221 to €6,899
- Tax, wage and social debts +€3,477
up €3,477 (+49.8%), from €6,983 to €10,460
of which Taxes: +€3,308
- Current portion of long-term debt -€3,226
no longer reported in 2024 (was €3,226)
- Other debts -€2,793
down €2,793 (-91.8%), from €3,043 to €250
- Trade debts -€761
down €761 (-13.3%), from €5,743 to €4,981
- Gross operating margin -€22,379
down €22,379 (-80.7%), from €27,726 to €5,347
- Staff costs +€3,971
up €3,971 (+4144.7%), from €96 to €4,067
- Taxes -€2,634
no longer reported in 2024 (was €2,634)
- Depreciation +€1,119
up €1,119 (+16.1%), from €6,947 to €8,066
- Financial charges -€733
down €733 (-47.4%), from €1,548 to €815
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,536 | €42,910 | -€11,627 | -21.3% |
| Fixed assets | 21/28 | €20,680 | €13,059 | -€7,622 | -36.9% |
| Tangible fixed assets | 22/27 | €20,680 | €13,059 | -€7,622 | -36.9% |
| Plant, machinery and equipment | 23 | €4,712 | €2,871 | -€1,840 | -39.1% |
| Furniture and vehicles | 24 | €7,868 | €4,787 | -€3,081 | -39.2% |
| Leasing and similar rights | 25 | €8,100 | €5,400 | -€2,700 | -33.3% |
| Current assets | 29/58 | €33,856 | €29,851 | -€4,005 | -11.8% |
| Stocks and contracts in progress | 3 | €4,303 | €7,144 | +€2,841 | +66.0% |
| Stocks | 30/36 | €4,303 | €7,144 | +€2,841 | +66.0% |
| Amounts receivable within one year | 40/41 | €16,988 | €3,695 | -€13,294 | -78.3% |
| Trade receivables | 40 | €1,204 | - | -€1,204 | |
| Other amounts receivable | 41 | €15,784 | €3,695 | -€12,090 | -76.6% |
| Cash at bank and in hand | 54/58 | €12,295 | €17,041 | +€4,745 | +38.6% |
| Deferred charges and accrued income | 490/1 | €270 | €1,972 | +€1,703 | +631.4% |
| Total equity and liabilities | 10/49 | €54,536 | €42,910 | -€11,627 | -21.3% |
| Equity | 10/15 | €35,541 | €27,219 | -€8,322 | -23.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | €20,000 | - | -€20,000 | |
| Reserves | 13 | €320 | €320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €320 | €320 | = | 0.0% |
| Reserves not available under the articles | 1311 | €320 | €320 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,221 | €6,899 | -€8,322 | -54.7% |
| Amounts payable | 17/49 | €18,995 | €15,691 | -€3,304 | -17.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €18,995 | €15,691 | -€3,304 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €3,226 | - | -€3,226 | |
| Trade debts | 44 | €5,743 | €4,981 | -€761 | -13.3% |
| Suppliers | 440/4 | €5,743 | €4,981 | -€761 | -13.3% |
| Taxes, remuneration and social security | 45 | €6,983 | €10,460 | +€3,477 | +49.8% |
| Taxes | 450/3 | €6,887 | €10,195 | +€3,308 | +48.0% |
| Remuneration and social security | 454/9 | €96 | €264 | +€169 | +176.0% |
| Other amounts payable | 47/48 | €3,043 | €250 | -€2,793 | -91.8% |
| Remuneration, social security and pensions | 62 | €96 | €4,067 | +€3,971 | +4144.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,947 | €8,066 | +€1,119 | +16.1% |
| Other operating charges | 640/8 | €1,287 | €721 | -€566 | -44.0% |
| Gross operating margin | 9900 | €27,726 | €5,347 | -€22,379 | -80.7% |
| Operating profit (loss) | 9901 | €19,396 | -€7,507 | -€26,904 | |
| Financial charges | 65/66B | €1,548 | €815 | -€733 | -47.4% |
| Recurring financial charges | 65 | €1,548 | €815 | -€733 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €17,848 | -€8,322 | -€26,170 | |
| Income taxes | 67/77 | €2,634 | - | -€2,634 | |
| Profit (loss) for the period | 9904 | €15,214 | -€8,322 | -€23,536 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,214 | -€8,322 | -€23,536 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.