LA QUINTESSENCE: 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.
LA QUINTESSENCE
Largest movements
- Current investments -€10,000
down €10,000 (-9.1%), from €110,000 to €100,000
- Cash +€1,959
up €1,959 (+19.0%), from €10,331 to €12,290
mainly Current investments (+€10,000) and Depreciation (+€4,191)
- Trade debts -€4,235
no longer reported in 2025 (was €4,235)
- Profit (loss) carried forward -€2,539
down €2,539 (-2.5%), from €99,728 to €97,190
- Gross operating margin -€2,332
down €2,332 (-43.5%), from €5,356 to €3,024
- Financial income -€1,855
down €1,855 (-57.3%), from €3,239 to €1,384
- Depreciation -€320
down €320 (-7.1%), from €4,510 to €4,191
- Other operating charges +€72
up €72 (+3.1%), from €2,297 to €2,368
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 | €178,609 | €171,235 | -€7,374 | -4.1% |
| Fixed assets | 21/28 | €55,337 | €56,727 | +€1,389 | +2.5% |
| Tangible fixed assets | 22/27 | €55,337 | €56,727 | +€1,389 | +2.5% |
| Land and buildings | 22 | €47,148 | €44,298 | -€2,850 | -6.0% |
| Other tangible fixed assets | 26 | €8,190 | €12,429 | +€4,239 | +51.8% |
| Current assets | 29/58 | €123,271 | €114,509 | -€8,763 | -7.1% |
| Amounts receivable within one year | 40/41 | €1,190 | €1,019 | -€172 | -14.4% |
| Other amounts receivable | 41 | €1,190 | €1,019 | -€172 | -14.4% |
| Current investments | 50/53 | €110,000 | €100,000 | -€10,000 | -9.1% |
| Cash at bank and in hand | 54/58 | €10,331 | €12,290 | +€1,959 | +19.0% |
| Deferred charges and accrued income | 490/1 | €1,750 | €1,200 | -€550 | -31.4% |
| Total equity and liabilities | 10/49 | €178,609 | €171,235 | -€7,374 | -4.1% |
| Equity | 10/15 | €172,864 | €170,325 | -€2,539 | -1.5% |
| Contributions | 10/11 | €66,487 | €66,487 | = | 0.0% |
| Capital | 10 | €66,487 | €66,487 | = | 0.0% |
| Issued capital | 100 | €66,487 | €66,487 | = | 0.0% |
| Reserves | 13 | €6,649 | €6,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,649 | €6,649 | = | 0.0% |
| Legal reserve | 130 | €6,649 | €6,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,728 | €97,190 | -€2,539 | -2.5% |
| Amounts payable | 17/49 | €5,745 | €910 | -€4,835 | -84.2% |
| Amounts payable within one year | 42/48 | €4,235 | - | -€4,235 | |
| Trade debts | 44 | €4,235 | - | -€4,235 | |
| Suppliers | 440/4 | €4,235 | - | -€4,235 | |
| Accrued charges and deferred income | 492/3 | €1,510 | €910 | -€600 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,510 | €4,191 | -€320 | -7.1% |
| Other operating charges | 640/8 | €2,297 | €2,368 | +€72 | +3.1% |
| Gross operating margin | 9900 | €5,356 | €3,024 | -€2,332 | -43.5% |
| Operating profit (loss) | 9901 | -€1,451 | -€3,535 | -€2,084 | -144% |
| Financial income | 75/76B | €3,239 | €1,384 | -€1,855 | -57.3% |
| Recurring financial income | 75 | €3,239 | €1,384 | -€1,855 | -57.3% |
| Financial charges | 65/66B | €382 | €388 | +€6 | +1.5% |
| Recurring financial charges | 65 | €382 | €388 | +€6 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €1,406 | -€2,539 | -€3,944 | |
| Profit (loss) for the period | 9904 | €1,406 | -€2,539 | -€3,944 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,406 | -€2,539 | -€3,944 |
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 23 October 2026 via checked.be.