LA QUIFFE: 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.
LA QUIFFE
Largest movements
- Receivables within one year -€70,810
down €70,810 (-61.6%), from €115,026 to €44,216
of which Other amounts receivable: -€61,729
- Current investments +€18,908
up €18,908 (+627.3%), from €3,014 to €21,922
- Tangible fixed assets -€15,686
down €15,686 (-13.7%), from €114,769 to €99,082
of which Furniture and vehicles: -€10,680
- Reserves -€38,805
down €38,805 (-52.5%), from €73,969 to €35,164
of which Distributable reserves: -€38,805
- Profit (loss) carried forward -€15,396
new in 2025: -€15,396
- Tax, wage and social debts -€10,373
down €10,373 (-92.4%), from €11,221 to €848
- Other debts +€8,859
up €8,859 (+3786.0%), from €234 to €9,093
- Debts after one year -€8,800
down €8,800 (-30.8%), from €28,600 to €19,800
- Gross operating margin -€18,912
down €18,912 (-146.5%), from -€12,905 to -€31,817
- Financial income -€18,284
down €18,284 (-99.5%), from €18,371 to €87
- Financial charges +€705
up €705 (+32.9%), from €2,144 to €2,849
- Depreciation +€649
up €649 (+4.0%), from €16,193 to €16,842
- Other operating charges +€454
up €454 (+24.8%), from €1,831 to €2,285
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 | €239,792 | €172,740 | -€67,052 | -28.0% |
| Fixed assets | 21/28 | €114,769 | €99,082 | -€15,686 | -13.7% |
| Tangible fixed assets | 22/27 | €114,769 | €99,082 | -€15,686 | -13.7% |
| Land and buildings | 22 | €63,134 | €58,990 | -€4,144 | -6.6% |
| Plant, machinery and equipment | 23 | €3,299 | €2,436 | -€862 | -26.1% |
| Furniture and vehicles | 24 | €48,336 | €37,656 | -€10,680 | -22.1% |
| Current assets | 29/58 | €125,023 | €73,657 | -€51,366 | -41.1% |
| Amounts receivable within one year | 40/41 | €115,026 | €44,216 | -€70,810 | -61.6% |
| Trade receivables | 40 | €10,269 | €1,188 | -€9,081 | -88.4% |
| Other amounts receivable | 41 | €104,757 | €43,028 | -€61,729 | -58.9% |
| Current investments | 50/53 | €3,014 | €21,922 | +€18,908 | +627.3% |
| Cash at bank and in hand | 54/58 | €6,983 | €7,498 | +€515 | +7.4% |
| Deferred charges and accrued income | 490/1 | - | €21 | +€21 | |
| Total equity and liabilities | 10/49 | €239,792 | €172,740 | -€67,052 | -28.0% |
| Equity | 10/15 | €81,669 | €27,469 | -€54,201 | -66.4% |
| Contributions | 10/11 | €7,700 | €7,700 | = | 0.0% |
| Reserves | 13 | €73,969 | €35,164 | -€38,805 | -52.5% |
| Tax-exempt reserves | 132 | €9,800 | €9,800 | = | 0.0% |
| Distributable reserves | 133 | €64,169 | €25,364 | -€38,805 | -60.5% |
| Profit (loss) carried forward | 14 | - | -€15,396 | -€15,396 | |
| Provisions and deferred taxes | 16 | €101,723 | €101,723 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €101,723 | €101,723 | = | 0.0% |
| Pensions and similar obligations | 160 | €101,723 | €101,723 | = | 0.0% |
| Amounts payable | 17/49 | €56,399 | €43,548 | -€12,851 | -22.8% |
| Amounts payable after more than one year | 17 | €28,600 | €19,800 | -€8,800 | -30.8% |
| Financial debts | 170/4 | €28,600 | €19,800 | -€8,800 | -30.8% |
| Amounts payable within one year | 42/48 | €27,799 | €23,748 | -€4,052 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €8,800 | €8,800 | = | 0.0% |
| Trade debts | 44 | €7,544 | €5,006 | -€2,538 | -33.6% |
| Suppliers | 440/4 | €7,544 | €5,006 | -€2,538 | -33.6% |
| Taxes, remuneration and social security | 45 | €11,221 | €848 | -€10,373 | -92.4% |
| Taxes | 450/3 | €11,221 | €848 | -€10,373 | -92.4% |
| Other amounts payable | 47/48 | €234 | €9,093 | +€8,859 | +3786.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,193 | €16,842 | +€649 | +4.0% |
| Other operating charges | 640/8 | €1,831 | €2,285 | +€454 | +24.8% |
| Gross operating margin | 9900 | -€12,905 | -€31,817 | -€18,912 | -146.5% |
| Operating profit (loss) | 9901 | -€30,930 | -€50,945 | -€20,015 | -64.7% |
| Financial income | 75/76B | €18,371 | €87 | -€18,284 | -99.5% |
| Recurring financial income | 75 | €18,371 | €87 | -€18,284 | -99.5% |
| Financial charges | 65/66B | €2,144 | €2,849 | +€705 | +32.9% |
| Recurring financial charges | 65 | €2,144 | €2,849 | +€705 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,702 | -€53,706 | -€39,004 | -265.3% |
| Income taxes | 67/77 | €671 | €494 | -€176 | -26.3% |
| Profit (loss) for the period | 9904 | -€15,373 | -€54,201 | -€38,828 | -252.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,373 | -€54,201 | -€38,828 | -252.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.