M. QUEEN ENTERPRISES: 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.
M. QUEEN ENTERPRISES
Largest movements
- Stocks and contracts +€10,606
new in 2026: €10,606
- Cash -€2,800
down €2,800 (-15.3%), from €18,275 to €15,475
- Receivables within one year +€1,183
up €1,183 (+149%), from €796 to €1,979
of which Other amounts receivable: +€990
- Profit (loss) carried forward +€4,919
up €4,919 (+89.0%), from -€5,526 to -€607
- Trade debts +€4,070
up €4,070 (+88.5%), from €4,597 to €8,667
- Gross operating margin +€8,115
up €8,115, from -€5,135 to €2,980
- Other operating charges -€387
no longer reported in 2026 (was €387)
- Financial charges +€62
up €62 (+1,614%), from €4 to €65
From the 2024 result to the 2026 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,071 | €28,061 | +€8,990 | +47.1% |
| Current assets | 29/58 | €19,071 | €28,061 | +€8,990 | +47.1% |
| Stocks and contracts in progress | 3 | - | €10,606 | +€10,606 | |
| Stocks | 30/36 | - | €10,606 | +€10,606 | |
| Amounts receivable within one year | 40/41 | €796 | €1,979 | +€1,183 | +149% |
| Trade receivables | 40 | €394 | €587 | +€193 | +49.1% |
| Other amounts receivable | 41 | €402 | €1,392 | +€990 | +246% |
| Cash at bank and in hand | 54/58 | €18,275 | €15,475 | -€2,800 | -15.3% |
| Total equity and liabilities | 10/49 | €19,071 | €28,061 | +€8,990 | +47.1% |
| Equity | 10/15 | €14,474 | €19,393 | +€4,919 | +34.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,526 | -€607 | +€4,919 | +89.0% |
| Amounts payable | 17/49 | €4,597 | €8,667 | +€4,070 | +88.5% |
| Amounts payable within one year | 42/48 | €4,597 | €8,667 | +€4,070 | +88.5% |
| Trade debts | 44 | €4,597 | €8,667 | +€4,070 | +88.5% |
| Suppliers | 440/4 | €4,597 | €8,667 | +€4,070 | +88.5% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€5,135 | €2,980 | +€8,115 | |
| Operating profit (loss) | 9901 | -€5,522 | €2,980 | +€8,502 | |
| Financial charges | 65/66B | €4 | €65 | +€62 | +1,614% |
| Recurring financial charges | 65 | €4 | €65 | +€62 | +1,614% |
| Profit (loss) for the period before taxes | 9903 | -€5,526 | €2,915 | +€8,441 | |
| Profit (loss) for the period | 9904 | -€5,526 | €2,915 | +€8,441 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,526 | €2,915 | +€8,441 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.