HUIS QUINTELIER: what changed
What changed
HUIS QUINTELIER
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€52,270
2024 · €61,718-€9,448
Equity
€309,986
2024 · €294,079+€15,907
Cash
€365,793
2024 · €270,117+€95,676
Balance sheet total
€428,702
2024 · €348,398+€80,303
Largest movements
Assets
- Cash +€95,676
up €95,676 (+35.4%), from €270,117 to €365,793
mainly Net result for the year (+€52,270) and Advances received (+€51,959)
- Tangible fixed assets -€5,857
down €5,857 (-34.6%), from €16,951 to €11,094
of which Furniture and vehicles: -€6,895
- Stocks and contracts -€5,125
down €5,125 (-26.2%), from €19,578 to €14,453
of which Stocks: -€5,480
Equity and liabilities
- Advances received +€51,959
new in 2025: €51,959
- Other debts +€35,348
up €35,348 (+2,021%), from €1,749 to €37,097
- Debts after one year -€17,451
down €17,451 (-80.5%), from €21,668 to €4,216
of which Other amounts payable: -€17,451
- Reserves +€15,907
up €15,907 (+5.5%), from €287,745 to €303,652
- Tax, wage and social debts -€10,881
down €10,881 (-97.2%), from €11,196 to €315
of which Taxes: -€10,881
Income statement
- Gross operating margin -€21,970
down €21,970 (-13.8%), from €158,899 to €136,929
- Taxes -€8,055
down €8,055 (-33.2%), from €24,250 to €16,195
- Staff costs -€3,003
down €3,003 (-5.1%), from €58,915 to €55,912
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€61,718
Gross operating margin
-€21,970
Staff costs
+€3,003
Depreciation
+€832
Other operating charges
+€421
Other operating items
-€905
Financial income
+€2
Financial charges
+€1,114
Taxes
+€8,055
Result 2025
€52,270
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€153,181
Investment
-€2,114
Financing
-€55,391
Cash 2024
€270,117
From operations (derived)
+€153,181
Net result for the year
+€52,270
Depreciation
+€7,972
Stocks and contracts
+€5,125
Receivables within one year
+€3,900
Deferred charges and accrued income
+€490
Trade debts
+€6,998
Tax, wage and social debts
-€10,881
Advances received
+€51,959
Other debts
+€35,348
Investment (derived)
-€2,114
Investment in fixed assets (net)
-€2,114
Financing
-€55,391
Debts after one year
-€17,451
Current portion of long-term debt
-€1,576
Contributions, distributions and other
-€36,363
Cash 2025
€365,793
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €348,398 | €428,702 | +€80,303 | +23.0% |
| Fixed assets | 21/28 | €17,231 | €11,373 | -€5,857 | -34.0% |
| Tangible fixed assets | 22/27 | €16,951 | €11,094 | -€5,857 | -34.6% |
| Plant, machinery and equipment | 23 | €1,243 | €2,280 | +€1,037 | +83.5% |
| Furniture and vehicles | 24 | €15,708 | €8,814 | -€6,895 | -43.9% |
| Financial fixed assets | 28 | €279 | €279 | = | 0.0% |
| Current assets | 29/58 | €331,168 | €417,328 | +€86,160 | +26.0% |
| Stocks and contracts in progress | 3 | €19,578 | €14,453 | -€5,125 | -26.2% |
| Stocks | 30/36 | €19,578 | €14,098 | -€5,480 | -28.0% |
| Contracts in progress | 37 | - | €354 | +€354 | |
| Amounts receivable within one year | 40/41 | €40,470 | €36,570 | -€3,900 | -9.6% |
| Trade receivables | 40 | €36,010 | €29,613 | -€6,397 | -17.8% |
| Other amounts receivable | 41 | €4,460 | €6,958 | +€2,497 | +56.0% |
| Cash at bank and in hand | 54/58 | €270,117 | €365,793 | +€95,676 | +35.4% |
| Deferred charges and accrued income | 490/1 | €1,003 | €512 | -€490 | -48.9% |
| Total equity and liabilities | 10/49 | €348,398 | €428,702 | +€80,303 | +23.0% |
| Equity | 10/15 | €294,079 | €309,986 | +€15,907 | +5.4% |
| Contributions | 10/11 | €6,334 | €6,334 | = | 0.0% |
| Reserves | 13 | €287,745 | €303,652 | +€15,907 | +5.5% |
| Distributable reserves | 133 | €287,745 | €303,652 | +€15,907 | +5.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,320 | €118,716 | +€64,396 | +119% |
| Amounts payable after more than one year | 17 | €21,668 | €4,216 | -€17,451 | -80.5% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €21,668 | €4,216 | -€17,451 | -80.5% |
| Amounts payable within one year | 42/48 | €32,652 | €114,499 | +€81,847 | +251% |
| Current portion of amounts payable after more than one year | 42 | €1,576 | €0 | -€1,576 | -100% |
| Trade debts | 44 | €18,131 | €25,129 | +€6,998 | +38.6% |
| Suppliers | 440/4 | €18,131 | €25,129 | +€6,998 | +38.6% |
| Advances received on contracts in progress | 46 | - | €51,959 | +€51,959 | |
| Taxes, remuneration and social security | 45 | €11,196 | €315 | -€10,881 | -97.2% |
| Taxes | 450/3 | €11,196 | €315 | -€10,881 | -97.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,749 | €37,097 | +€35,348 | +2,021% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €58,915 | €55,912 | -€3,003 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,804 | €7,972 | -€832 | -9.5% |
| Other operating charges | 640/8 | €1,723 | €1,302 | -€421 | -24.5% |
| Non-recurring operating charges | 66A | €0 | €905 | +€905 | |
| Gross operating margin | 9900 | €158,899 | €136,929 | -€21,970 | -13.8% |
| Operating profit (loss) | 9901 | €89,457 | €70,839 | -€18,619 | -20.8% |
| Financial income | 75/76B | €0 | €3 | +€2 | +8,267% |
| Recurring financial income | 75 | €0 | €3 | +€2 | +8,267% |
| Financial charges | 65/66B | €3,490 | €2,376 | -€1,114 | -31.9% |
| Recurring financial charges | 65 | €3,490 | €2,376 | -€1,114 | -31.9% |
| Profit (loss) for the period before taxes | 9903 | €85,968 | €68,465 | -€17,502 | -20.4% |
| Income taxes | 67/77 | €24,250 | €16,195 | -€8,055 | -33.2% |
| Profit (loss) for the period | 9904 | €61,718 | €52,270 | -€9,448 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,718 | €52,270 | -€9,448 | -15.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.