B Quadratic: 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.
B Quadratic
Largest movements
- Cash +€7,602
up €7,602 (+6.7%), from €114,253 to €121,855
mainly Other debts (+€26,038) and Net result for the year (+€8,982)
- Debts after one year -€31,306
down €31,306 (-79.2%), from €39,540 to €8,234
- Other debts +€26,038
up €26,038 (+84.4%), from €30,840 to €56,878
- Profit (loss) carried forward +€8,982
up €8,982 (+8.1%), from €111,406 to €120,388
- Trade debts +€2,585
up €2,585 (+48.8%), from €5,294 to €7,879
- Gross operating margin -€90,655
down €90,655 (-72.5%), from €125,102 to €34,448
- Taxes -€18,100
down €18,100 (-75.8%), from €23,881 to €5,781
- Other operating charges +€4,163
up €4,163 (+50.8%), from €8,191 to €12,353
- Financial charges +€3,936
up €3,936 (+115.7%), from €3,402 to €7,338
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 | €224,206 | €231,529 | +€7,323 | +3.3% |
| Fixed assets | 21/28 | €100,000 | €100,000 | = | 0.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €124,206 | €131,529 | +€7,323 | +5.9% |
| Amounts receivable within one year | 40/41 | €9,553 | €7,315 | -€2,238 | -23.4% |
| Trade receivables | 40 | €7,031 | €6,548 | -€483 | -6.9% |
| Other amounts receivable | 41 | €2,522 | €768 | -€1,754 | -69.6% |
| Cash at bank and in hand | 54/58 | €114,253 | €121,855 | +€7,602 | +6.7% |
| Deferred charges and accrued income | 490/1 | €401 | €2,359 | +€1,958 | +488.3% |
| Total equity and liabilities | 10/49 | €224,206 | €231,529 | +€7,323 | +3.3% |
| Equity | 10/15 | €112,406 | €121,388 | +€8,982 | +8.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,406 | €120,388 | +€8,982 | +8.1% |
| Amounts payable | 17/49 | €111,801 | €110,142 | -€1,659 | -1.5% |
| Amounts payable after more than one year | 17 | €39,540 | €8,234 | -€31,306 | -79.2% |
| Financial debts | 170/4 | €39,540 | €8,234 | -€31,306 | -79.2% |
| Amounts payable within one year | 42/48 | €72,261 | €101,907 | +€29,647 | +41.0% |
| Current portion of amounts payable after more than one year | 42 | €6,066 | €6,306 | +€240 | +4.0% |
| Trade debts | 44 | €5,294 | €7,879 | +€2,585 | +48.8% |
| Suppliers | 440/4 | €5,294 | €7,879 | +€2,585 | +48.8% |
| Taxes, remuneration and social security | 45 | €30,060 | €30,844 | +€784 | +2.6% |
| Taxes | 450/3 | €30,060 | €30,844 | +€784 | +2.6% |
| Other amounts payable | 47/48 | €30,840 | €56,878 | +€26,038 | +84.4% |
| Other operating charges | 640/8 | €8,191 | €12,353 | +€4,163 | +50.8% |
| Gross operating margin | 9900 | €125,102 | €34,448 | -€90,655 | -72.5% |
| Operating profit (loss) | 9901 | €116,912 | €22,094 | -€94,818 | -81.1% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €3,402 | €7,338 | +€3,936 | +115.7% |
| Recurring financial charges | 65 | €3,402 | €7,338 | +€3,936 | +115.7% |
| Profit (loss) for the period before taxes | 9903 | €113,510 | €14,763 | -€98,747 | -87.0% |
| Income taxes | 67/77 | €23,881 | €5,781 | -€18,100 | -75.8% |
| Profit (loss) for the period | 9904 | €89,628 | €8,982 | -€80,647 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,628 | €8,982 | -€80,647 | -90.0% |
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 6 October 2026 via checked.be.