IMMO QUADRATO: 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.
IMMO QUADRATO
Largest movements
- Tangible fixed assets -€37,786
down €37,786 (-3.1%), from €1.2m to €1.2m
of which Land and buildings: -€37,466
- Cash +€28,559
up €28,559 (+109%), from €26,240 to €54,799
mainly Depreciation (+€37,786) and Net result for the year (+€28,681)
- Debts after one year -€42,724
down €42,724 (-5.8%), from €733,483 to €690,759
- Profit (loss) carried forward +€28,681
up €28,681 (+9.4%), from €306,012 to €334,692
- Other operating charges +€2,563
up €2,563 (+249%), from €1,027 to €3,590
- Financial income +€1,684
up €1,684 (+5.9%), from €28,459 to €30,143
- Financial charges -€722
down €722 (-4.7%), from €15,498 to €14,777
- Depreciation +€580
up €580 (+1.6%), from €37,206 to €37,786
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 | €1,241,427 | €1,230,565 | -€10,862 | -0.9% |
| Fixed assets | 21/28 | €1,212,938 | €1,175,152 | -€37,786 | -3.1% |
| Tangible fixed assets | 22/27 | €1,199,936 | €1,162,150 | -€37,786 | -3.1% |
| Land and buildings | 22 | €1,199,031 | €1,161,565 | -€37,466 | -3.1% |
| Furniture and vehicles | 24 | €905 | €585 | -€320 | -35.4% |
| Financial fixed assets | 28 | €13,002 | €13,002 | = | 0.0% |
| Current assets | 29/58 | €28,489 | €55,413 | +€26,924 | +94.5% |
| Amounts receivable within one year | 40/41 | €1,650 | - | -€1,650 | |
| Trade receivables | 40 | €843 | - | -€843 | |
| Other amounts receivable | 41 | €808 | - | -€808 | |
| Cash at bank and in hand | 54/58 | €26,240 | €54,799 | +€28,559 | +109% |
| Deferred charges and accrued income | 490/1 | €599 | €614 | +€15 | +2.6% |
| Total equity and liabilities | 10/49 | €1,241,427 | €1,230,565 | -€10,862 | -0.9% |
| Equity | 10/15 | €416,012 | €444,692 | +€28,681 | +6.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €306,012 | €334,692 | +€28,681 | +9.4% |
| Amounts payable | 17/49 | €825,415 | €785,873 | -€39,542 | -4.8% |
| Amounts payable after more than one year | 17 | €733,483 | €690,759 | -€42,724 | -5.8% |
| Financial debts | 170/4 | €733,483 | €690,759 | -€42,724 | -5.8% |
| Amounts payable within one year | 42/48 | €91,820 | €94,602 | +€2,782 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €41,921 | €42,724 | +€803 | +1.9% |
| Trade debts | 44 | €398 | €2,598 | +€2,200 | +552% |
| Suppliers | 440/4 | €398 | €2,598 | +€2,200 | +552% |
| Other amounts payable | 47/48 | €49,500 | €49,280 | -€220 | -0.4% |
| Accrued charges and deferred income | 492/3 | €113 | €512 | +€400 | +355% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,206 | €37,786 | +€580 | +1.6% |
| Other operating charges | 640/8 | €1,027 | €3,590 | +€2,563 | +249% |
| Non-recurring operating charges | 66A | - | €1,332 | +€1,332 | |
| Gross operating margin | 9900 | €55,637 | €56,023 | +€386 | +0.7% |
| Operating profit (loss) | 9901 | €17,404 | €13,315 | -€4,090 | -23.5% |
| Financial income | 75/76B | €28,459 | €30,143 | +€1,684 | +5.9% |
| Recurring financial income | 75 | €28,459 | €30,143 | +€1,684 | +5.9% |
| Financial charges | 65/66B | €15,498 | €14,777 | -€722 | -4.7% |
| Recurring financial charges | 65 | €15,498 | €14,777 | -€722 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €30,366 | €28,681 | -€1,684 | -5.5% |
| Income taxes | 67/77 | - | €1 | +€1 | |
| Profit (loss) for the period | 9904 | €30,366 | €28,681 | -€1,685 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,366 | €28,681 | -€1,685 | -5.5% |
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 16 October 2026 via checked.be.