Les Quinnes: 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.
Les Quinnes
Largest movements
- Cash +€7,551
up €7,551 (+24.3%), from €31,074 to €38,626
mainly Net result for the year (+€36,633) and Depreciation (+€12,282)
- Intangible fixed assets -€6,500
down €6,500 (-20.0%), from €32,500 to €26,000
- Tangible fixed assets -€5,782
down €5,782 (-20.1%), from €28,757 to €22,976
of which Other tangible fixed assets: -€3,158
- Stocks and contracts -€1,525
down €1,525 (-15.4%), from €9,899 to €8,374
- Other debts -€45,592
down €45,592 (-68.3%), from €66,708 to €21,116
- Profit (loss) carried forward +€36,633
up €36,633, from -€8,603 to €28,030
- Tax, wage and social debts +€7,348
up €7,348 (+43.5%), from €16,901 to €24,249
of which Taxes: +€5,345
- Debts after one year -€4,435
down €4,435 (-26.1%), from €17,024 to €12,589
- Staff costs -€17,168
down €17,168 (-25.6%), from €67,105 to €49,937
- Taxes +€12,819
new in 2025: €12,819
- Gross operating margin +€5,383
up €5,383 (+4.9%), from €110,339 to €115,722
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 | €102,932 | €96,289 | -€6,643 | -6.5% |
| Fixed assets | 21/28 | €61,257 | €48,976 | -€12,282 | -20.0% |
| Intangible fixed assets | 21 | €32,500 | €26,000 | -€6,500 | -20.0% |
| Tangible fixed assets | 22/27 | €28,757 | €22,976 | -€5,782 | -20.1% |
| Plant, machinery and equipment | 23 | €1,177 | €607 | -€570 | -48.4% |
| Furniture and vehicles | 24 | €4,918 | €2,864 | -€2,054 | -41.8% |
| Other tangible fixed assets | 26 | €22,663 | €19,505 | -€3,158 | -13.9% |
| Current assets | 29/58 | €41,675 | €47,313 | +€5,638 | +13.5% |
| Stocks and contracts in progress | 3 | €9,899 | €8,374 | -€1,525 | -15.4% |
| Stocks | 30/36 | €9,899 | €8,374 | -€1,525 | -15.4% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €31,074 | €38,626 | +€7,551 | +24.3% |
| Deferred charges and accrued income | 490/1 | €702 | €313 | -€388 | -55.4% |
| Total equity and liabilities | 10/49 | €102,932 | €96,289 | -€6,643 | -6.5% |
| Equity | 10/15 | -€6,103 | €30,530 | +€36,633 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,603 | €28,030 | +€36,633 | |
| Amounts payable | 17/49 | €109,035 | €65,759 | -€43,276 | -39.7% |
| Amounts payable after more than one year | 17 | €17,024 | €12,589 | -€4,435 | -26.1% |
| Financial debts | 170/4 | €17,024 | €12,589 | -€4,435 | -26.1% |
| Amounts payable within one year | 42/48 | €92,011 | €53,110 | -€38,900 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €4,128 | €4,435 | +€308 | +7.5% |
| Trade debts | 44 | €4,274 | €3,310 | -€964 | -22.6% |
| Suppliers | 440/4 | €4,274 | €3,310 | -€964 | -22.6% |
| Taxes, remuneration and social security | 45 | €16,901 | €24,249 | +€7,348 | +43.5% |
| Taxes | 450/3 | €6,282 | €11,627 | +€5,345 | +85.1% |
| Remuneration and social security | 454/9 | €10,619 | €12,622 | +€2,003 | +18.9% |
| Other amounts payable | 47/48 | €66,708 | €21,116 | -€45,592 | -68.3% |
| Accrued charges and deferred income | 492/3 | - | €59 | +€59 | |
| Remuneration, social security and pensions | 62 | €67,105 | €49,937 | -€17,168 | -25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,022 | €12,282 | +€260 | +2.2% |
| Other operating charges | 640/8 | €546 | €400 | -€147 | -26.9% |
| Gross operating margin | 9900 | €110,339 | €115,722 | +€5,383 | +4.9% |
| Operating profit (loss) | 9901 | €30,666 | €53,104 | +€22,437 | +73.2% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,537 | €3,652 | +€1,115 | +43.9% |
| Recurring financial charges | 65 | €2,537 | €3,652 | +€1,115 | +43.9% |
| Profit (loss) for the period before taxes | 9903 | €28,140 | €49,452 | +€21,312 | +75.7% |
| Income taxes | 67/77 | - | €12,819 | +€12,819 | |
| Profit (loss) for the period | 9904 | €28,140 | €36,633 | +€8,493 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,140 | €36,633 | +€8,493 | +30.2% |
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 13 October 2026 via checked.be.