CUATTRO: 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.
CUATTRO
Largest movements
- Intangible fixed assets -€9,500
down €9,500 (-11.5%), from €82,325 to €72,825
- Cash +€2,270
up €2,270 (+221.6%), from €1,024 to €3,295
mainly Depreciation (+€9,500) and Other debts (+€5,040)
- Stocks and contracts -€1,442
no longer reported in 2024 (was €1,442)
- Debts after one year -€11,441
down €11,441 (-36.2%), from €31,584 to €20,143
- Other debts +€5,040
up €5,040 (+718.0%), from €702 to €5,741
- Tax, wage and social debts -€4,427
down €4,427 (-20.0%), from €22,158 to €17,731
of which Remuneration and social security: -€6,058
- Profit (loss) carried forward +€4,026
up €4,026 (+128.9%), from €3,123 to €7,149
- Trade debts -€1,834
down €1,834 (-10.8%), from €17,008 to €15,175
- Gross operating margin -€74,677
down €74,677 (-79.0%), from €94,544 to €19,866
- Staff costs -€55,922
down €55,922 (-95.0%), from €58,836 to €2,915
- Other operating charges -€8,773
down €8,773 (-97.4%), from €9,007 to €234
- Financial charges -€5,390
down €5,390 (-73.5%), from €7,337 to €1,947
- Depreciation -€3,175
down €3,175 (-25.1%), from €12,675 to €9,500
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 | €89,600 | €80,380 | -€9,220 | -10.3% |
| Fixed assets | 21/28 | €83,108 | €73,608 | -€9,500 | -11.4% |
| Intangible fixed assets | 21 | €82,325 | €72,825 | -€9,500 | -11.5% |
| Financial fixed assets | 28 | €784 | €784 | = | 0.0% |
| Current assets | 29/58 | €6,491 | €6,771 | +€280 | +4.3% |
| Stocks and contracts in progress | 3 | €1,442 | - | -€1,442 | |
| Stocks | 30/36 | €1,442 | - | -€1,442 | |
| Amounts receivable within one year | 40/41 | €4,025 | €3,477 | -€548 | -13.6% |
| Trade receivables | 40 | €4,025 | €3,477 | -€548 | -13.6% |
| Cash at bank and in hand | 54/58 | €1,024 | €3,295 | +€2,270 | +221.6% |
| Total equity and liabilities | 10/49 | €89,600 | €80,380 | -€9,220 | -10.3% |
| Equity | 10/15 | €6,123 | €10,149 | +€4,026 | +65.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,123 | €7,149 | +€4,026 | +128.9% |
| Amounts payable | 17/49 | €83,476 | €70,230 | -€13,246 | -15.9% |
| Amounts payable after more than one year | 17 | €31,584 | €20,143 | -€11,441 | -36.2% |
| Financial debts | 170/4 | €31,584 | €20,143 | -€11,441 | -36.2% |
| Amounts payable within one year | 42/48 | €51,893 | €50,087 | -€1,805 | -3.5% |
| Current portion of amounts payable after more than one year | 42 | €12,024 | €11,441 | -€584 | -4.9% |
| Trade debts | 44 | €17,008 | €15,175 | -€1,834 | -10.8% |
| Suppliers | 440/4 | €17,008 | €15,175 | -€1,834 | -10.8% |
| Taxes, remuneration and social security | 45 | €22,158 | €17,731 | -€4,427 | -20.0% |
| Taxes | 450/3 | €11,001 | €12,632 | +€1,631 | +14.8% |
| Remuneration and social security | 454/9 | €11,157 | €5,099 | -€6,058 | -54.3% |
| Other amounts payable | 47/48 | €702 | €5,741 | +€5,040 | +718.0% |
| Remuneration, social security and pensions | 62 | €58,836 | €2,915 | -€55,922 | -95.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,675 | €9,500 | -€3,175 | -25.1% |
| Other operating charges | 640/8 | €9,007 | €234 | -€8,773 | -97.4% |
| Gross operating margin | 9900 | €94,544 | €19,866 | -€74,677 | -79.0% |
| Operating profit (loss) | 9901 | €14,025 | €7,218 | -€6,807 | -48.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €7,337 | €1,947 | -€5,390 | -73.5% |
| Recurring financial charges | 65 | €7,337 | €1,947 | -€5,390 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | €6,689 | €5,270 | -€1,419 | -21.2% |
| Income taxes | 67/77 | €3,565 | €1,244 | -€2,321 | -65.1% |
| Profit (loss) for the period | 9904 | €3,123 | €4,026 | +€903 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,123 | €4,026 | +€903 | +28.9% |
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 3 October 2026 via checked.be.