MACHINEBOUW QUAEGEBEUR: 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.
MACHINEBOUW QUAEGEBEUR
Largest movements
- Cash +€317,704
up €317,704 (+241%), from €131,875 to €449,580
mainly Other debts (+€279,975) and Receivables within one year (+€267,970)
- Receivables within one year -€267,970
no longer reported in 2025 (was €267,970)
- Other debts +€279,975
new in 2025: €279,975
- Reserves -€207,431
down €207,431 (-87.3%), from €237,722 to €30,291
of which Distributable reserves: -€180,733
- Profit (loss) carried forward -€20,376
new in 2025: -€20,376
- Gross operating margin -€32,035
down €32,035, from €17,702 to -€14,332
- Financial charges +€6,414
up €6,414 (+4,565%), from €141 to €6,555
- Financial income -€2,455
down €2,455 (-35.6%), from €6,887 to €4,432
- Write-downs -€2,225
new in 2025: -€2,225
- Other operating charges +€1,884
up €1,884 (+5.9%), from €31,693 to €33,577
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 | €562,324 | €608,832 | +€46,508 | +8.3% |
| Fixed assets | 21/28 | €158,652 | €158,652 | = | 0.0% |
| Tangible fixed assets | 22/27 | €158,652 | €158,652 | = | 0.0% |
| Land and buildings | 22 | €158,652 | €158,652 | = | 0.0% |
| Current assets | 29/58 | €403,672 | €450,180 | +€46,508 | +11.5% |
| Amounts receivable within one year | 40/41 | €267,970 | - | -€267,970 | |
| Other amounts receivable | 41 | €267,970 | - | -€267,970 | |
| Cash at bank and in hand | 54/58 | €131,875 | €449,580 | +€317,704 | +241% |
| Deferred charges and accrued income | 490/1 | €3,826 | €600 | -€3,227 | -84.3% |
| Total equity and liabilities | 10/49 | €562,324 | €608,832 | +€46,508 | +8.3% |
| Equity | 10/15 | €537,722 | €309,915 | -€227,807 | -42.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €237,722 | €30,291 | -€207,431 | -87.3% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,989 | €291 | -€26,698 | -98.9% |
| Distributable reserves | 133 | €180,733 | - | -€180,733 | |
| Profit (loss) carried forward | 14 | - | -€20,376 | -€20,376 | |
| Amounts payable | 17/49 | €24,602 | €298,916 | +€274,315 | +1,115% |
| Amounts payable within one year | 42/48 | €9,964 | €280,445 | +€270,481 | +2,715% |
| Trade debts | 44 | €5,470 | €470 | -€5,000 | -91.4% |
| Suppliers | 440/4 | €5,470 | €470 | -€5,000 | -91.4% |
| Taxes, remuneration and social security | 45 | €4,494 | - | -€4,494 | |
| Taxes | 450/3 | €4,494 | - | -€4,494 | |
| Other amounts payable | 47/48 | - | €279,975 | +€279,975 | |
| Accrued charges and deferred income | 492/3 | €14,638 | €18,472 | +€3,834 | +26.2% |
| Non-recurring operating income | 76A | €2,500 | - | -€2,500 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,225 | -€2,225 | |
| Other operating charges | 640/8 | €31,693 | €33,577 | +€1,884 | +5.9% |
| Gross operating margin | 9900 | €17,702 | -€14,332 | -€32,035 | |
| Operating profit (loss) | 9901 | -€13,990 | -€45,684 | -€31,694 | -227% |
| Financial income | 75/76B | €6,887 | €4,432 | -€2,455 | -35.6% |
| Recurring financial income | 75 | €6,887 | €4,432 | -€2,455 | -35.6% |
| Financial charges | 65/66B | €141 | €6,555 | +€6,414 | +4,565% |
| Recurring financial charges | 65 | €141 | €6,555 | +€6,414 | +4,565% |
| Profit (loss) for the period before taxes | 9903 | -€7,244 | -€47,807 | -€40,563 | -560% |
| Income taxes | 67/77 | €170 | - | -€170 | |
| Profit (loss) for the period | 9904 | -€7,414 | -€47,807 | -€40,393 | -545% |
| Transfer from tax-exempt reserves | 789 | - | €26,698 | +€26,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,414 | -€21,109 | -€13,695 | -185% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.