IN-QUARTO: 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.
IN-QUARTO
Largest movements
- Cash +€8,828
up €8,828 (+14.5%), from €61,072 to €69,900
mainly Receivables within one year (+€7,126) and Depreciation (+€6,684)
- Receivables within one year -€7,126
down €7,126 (-74.2%), from €9,605 to €2,479
of which Trade receivables: -€5,228
- Tangible fixed assets -€6,684
down €6,684 (-25.0%), from €26,734 to €20,051
- Other debts -€5,428
down €5,428 (-51.0%), from €10,635 to €5,207
- Turnover -€14,327
down €14,327 (-28.7%), from €49,934 to €35,607
- Gross operating margin -€8,196
down €8,196 (-49.9%), from €16,425 to €8,229
- Purchases and services -€7,100
down €7,100 (-20.0%), from €35,573 to €28,473
- Taxes -€2,779
down €2,779 (-72.4%), from €3,838 to €1,059
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 | €97,411 | €92,429 | -€4,981 | -5.1% |
| Fixed assets | 21/28 | €26,734 | €20,051 | -€6,684 | -25.0% |
| Tangible fixed assets | 22/27 | €26,734 | €20,051 | -€6,684 | -25.0% |
| Furniture and vehicles | 24 | €26,734 | €20,051 | -€6,684 | -25.0% |
| Current assets | 29/58 | €70,677 | €72,379 | +€1,702 | +2.4% |
| Amounts receivable within one year | 40/41 | €9,605 | €2,479 | -€7,126 | -74.2% |
| Trade receivables | 40 | €6,634 | €1,406 | -€5,228 | -78.8% |
| Other amounts receivable | 41 | €2,970 | €1,073 | -€1,898 | -63.9% |
| Cash at bank and in hand | 54/58 | €61,072 | €69,900 | +€8,828 | +14.5% |
| Total equity and liabilities | 10/49 | €97,411 | €92,429 | -€4,981 | -5.1% |
| Equity | 10/15 | €86,776 | €87,222 | +€446 | +0.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,325 | €66,771 | +€446 | +0.7% |
| Amounts payable | 17/49 | €10,635 | €5,207 | -€5,428 | -51.0% |
| Amounts payable within one year | 42/48 | €10,635 | €5,207 | -€5,428 | -51.0% |
| Other amounts payable | 47/48 | €10,635 | €5,207 | -€5,428 | -51.0% |
| Turnover | 70 | €49,934 | €35,607 | -€14,327 | -28.7% |
| Non-recurring operating income | 76A | €2,064 | €1,095 | -€969 | -46.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,573 | €28,473 | -€7,100 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,684 | €6,684 | = | 0.0% |
| Gross operating margin | 9900 | €16,425 | €8,229 | -€8,196 | -49.9% |
| Operating profit (loss) | 9901 | €9,741 | €1,545 | -€8,196 | -84.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €9,698 | €1,505 | -€8,193 | -84.5% |
| Income taxes | 67/77 | €3,838 | €1,059 | -€2,779 | -72.4% |
| Profit (loss) for the period | 9904 | €5,860 | €446 | -€5,413 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,860 | €446 | -€5,413 | -92.4% |
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 29 October 2026 via checked.be.