SupplySquare: 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.
SupplySquare
Largest movements
- Current investments +€50,400
up €50,400 (+54.8%), from €92,000 to €142,400
- Cash -€30,463
down €30,463 (-61.2%), from €49,803 to €19,340
mainly Current investments (-€50,400) and Receivables within one year (-€16,503)
- Receivables within one year +€16,503
up €16,503 (+25.1%), from €65,857 to €82,360
of which Other amounts receivable: +€12,369
- Deferred charges and accrued income -€6,605
down €6,605 (-66.9%), from €9,876 to €3,271
- Tangible fixed assets -€4,904
down €4,904 (-23.0%), from €21,304 to €16,400
of which Furniture and vehicles: -€3,683
- Reserves +€22,528
up €22,528 (+10.4%), from €215,990 to €238,518
of which Distributable reserves: +€22,528
- Current portion of long-term debt +€8,040
new in 2025: €8,040
- Tax, wage and social debts -€3,350
down €3,350 (-58.4%), from €5,741 to €2,390
of which Remuneration and social security: -€4,749
- Gross operating margin -€26,133
down €26,133 (-23.6%), from €110,743 to €84,610
- Staff costs -€5,151
down €5,151 (-12.3%), from €41,901 to €36,750
- Taxes -€2,421
down €2,421 (-13.7%), from €17,668 to €15,247
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 | €238,840 | €263,771 | +€24,930 | +10.4% |
| Fixed assets | 21/28 | €21,304 | €16,400 | -€4,904 | -23.0% |
| Tangible fixed assets | 22/27 | €21,304 | €16,400 | -€4,904 | -23.0% |
| Plant, machinery and equipment | 23 | €2,244 | €1,023 | -€1,221 | -54.4% |
| Furniture and vehicles | 24 | €19,059 | €15,376 | -€3,683 | -19.3% |
| Current assets | 29/58 | €217,536 | €247,371 | +€29,834 | +13.7% |
| Amounts receivable within one year | 40/41 | €65,857 | €82,360 | +€16,503 | +25.1% |
| Trade receivables | 40 | €37,746 | €41,880 | +€4,134 | +11.0% |
| Other amounts receivable | 41 | €28,111 | €40,481 | +€12,369 | +44.0% |
| Current investments | 50/53 | €92,000 | €142,400 | +€50,400 | +54.8% |
| Cash at bank and in hand | 54/58 | €49,803 | €19,340 | -€30,463 | -61.2% |
| Deferred charges and accrued income | 490/1 | €9,876 | €3,271 | -€6,605 | -66.9% |
| Total equity and liabilities | 10/49 | €238,840 | €263,771 | +€24,930 | +10.4% |
| Equity | 10/15 | €222,240 | €244,768 | +€22,528 | +10.1% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €215,990 | €238,518 | +€22,528 | +10.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €46,310 | €46,310 | = | 0.0% |
| Distributable reserves | 133 | €167,820 | €190,348 | +€22,528 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,600 | €19,003 | +€2,403 | +14.5% |
| Amounts payable within one year | 42/48 | €14,368 | €18,035 | +€3,667 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,040 | +€8,040 | |
| Trade debts | 44 | €8,627 | €7,605 | -€1,023 | -11.9% |
| Suppliers | 440/4 | €8,627 | €7,605 | -€1,023 | -11.9% |
| Taxes, remuneration and social security | 45 | €5,741 | €2,390 | -€3,350 | -58.4% |
| Taxes | 450/3 | €992 | €2,390 | +€1,398 | +141% |
| Remuneration and social security | 454/9 | €4,749 | €0 | -€4,749 | -100% |
| Accrued charges and deferred income | 492/3 | €2,232 | €968 | -€1,264 | -56.6% |
| Non-recurring operating income | 76A | €15,871 | €0 | -€15,871 | -100% |
| Remuneration, social security and pensions | 62 | €41,901 | €36,750 | -€5,151 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,106 | €7,699 | -€407 | -5.0% |
| Other operating charges | 640/8 | €757 | €593 | -€164 | -21.6% |
| Gross operating margin | 9900 | €110,743 | €84,610 | -€26,133 | -23.6% |
| Operating profit (loss) | 9901 | €59,978 | €39,568 | -€20,411 | -34.0% |
| Financial income | 75/76B | €89 | €736 | +€647 | +728% |
| Recurring financial income | 75 | €89 | €736 | +€647 | +728% |
| Financial charges | 65/66B | €2,349 | €2,529 | +€180 | +7.7% |
| Recurring financial charges | 65 | €2,349 | €2,529 | +€180 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €57,719 | €37,774 | -€19,944 | -34.6% |
| Income taxes | 67/77 | €17,668 | €15,247 | -€2,421 | -13.7% |
| Profit (loss) for the period | 9904 | €40,050 | €22,528 | -€17,523 | -43.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €25,260 | €0 | -€25,260 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €14,790 | €22,528 | +€7,737 | +52.3% |
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 26 October 2026 via checked.be.