QUAD INVEST: what changed
QUAD INVEST
Largest movements
- Receivables within one year +€1.0m
new in 2025: €1.0m
- Cash +€586,745
up €586,745 (+4,384%), from €13,384 to €600,129
mainly Net result for the year (+€2.9m) and Tax, wage and social debts (+€256,212)
- Current investments +€499,250
new in 2025: €499,250
- Financial fixed assets +€342,676
up €342,676 (+22.1%), from €1.6m to €1.9m
- Reserves +€2.9m
new in 2025: €2.9m
- Contributions -€856,501
down €856,501 (-99.9%), from €857,501 to €1,000
- Revaluation surpluses +€634,279
up €634,279 (+262%), from €241,653 to €875,932
- Other debts -€415,323
no longer reported in 2025 (was €415,323)
- Tax, wage and social debts +€256,212
up €256,212 (+857%), from €29,891 to €286,103
- Financial income +€3.2m
up €3.2m (+90,848%), from €3,520 to €3.2m
- Taxes +€286,103
new in 2025: €286,103
- Gross operating margin -€30,407
down €30,407 (-135%), from -€22,490 to -€52,897
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,566,774 | €4,027,413 | +€2.5m | +157% |
| Fixed assets | 21/28 | €1,553,390 | €1,896,067 | +€342,676 | +22.1% |
| Financial fixed assets | 28 | €1,553,390 | €1,896,067 | +€342,676 | +22.1% |
| Current assets | 29/58 | €13,384 | €2,131,346 | +€2.1m | +15,825% |
| Amounts receivable within one year | 40/41 | - | €1,031,967 | +€1.0m | |
| Other amounts receivable | 41 | - | €1,031,967 | +€1.0m | |
| Current investments | 50/53 | - | €499,250 | +€499,250 | |
| Cash at bank and in hand | 54/58 | €13,384 | €600,129 | +€586,745 | +4,384% |
| Total equity and liabilities | 10/49 | €1,566,774 | €4,027,413 | +€2.5m | +157% |
| Equity | 10/15 | €1,099,154 | €3,737,962 | +€2.6m | +240% |
| Contributions | 10/11 | €857,501 | €1,000 | -€856,501 | -99.9% |
| Revaluation surpluses | 12 | €241,653 | €875,932 | +€634,279 | +262% |
| Reserves | 13 | - | €2,861,029 | +€2.9m | |
| Distributable reserves | 133 | - | €2,861,029 | +€2.9m | |
| Amounts payable | 17/49 | €467,620 | €289,451 | -€178,169 | -38.1% |
| Amounts payable within one year | 42/48 | €467,620 | €289,451 | -€178,169 | -38.1% |
| Trade debts | 44 | €22,405 | €3,348 | -€19,057 | -85.1% |
| Suppliers | 440/4 | €22,405 | €3,348 | -€19,057 | -85.1% |
| Taxes, remuneration and social security | 45 | €29,891 | €286,103 | +€256,212 | +857% |
| Taxes | 450/3 | €29,891 | €286,103 | +€256,212 | +857% |
| Other amounts payable | 47/48 | €415,323 | - | -€415,323 | |
| Other operating charges | 640/8 | €1,211 | €1,222 | +€11 | +0.9% |
| Gross operating margin | 9900 | -€22,490 | -€52,897 | -€30,407 | -135% |
| Operating profit (loss) | 9901 | -€23,701 | -€54,119 | -€30,418 | -128% |
| Financial income | 75/76B | €3,520 | €3,201,383 | +€3.2m | +90,848% |
| Recurring financial income | 75 | €3,520 | €3,201,383 | +€3.2m | +90,848% |
| Financial charges | 65/66B | €54 | €132 | +€78 | +145% |
| Recurring financial charges | 65 | €54 | €132 | +€78 | +145% |
| Profit (loss) for the period before taxes | 9903 | -€20,234 | €3,147,132 | +€3.2m | |
| Income taxes | 67/77 | - | €286,103 | +€286,103 | |
| Profit (loss) for the period | 9904 | -€20,234 | €2,861,029 | +€2.9m | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,234 | €2,861,029 | +€2.9m |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.