QuaData: 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.
QuaData
Largest movements
- Receivables within one year -€15,842
down €15,842 (-9.9%), from €160,567 to €144,725
of which Other amounts receivable: -€18,192
- Deferred charges and accrued income -€1,908
down €1,908 (-45.0%), from €4,240 to €2,332
- Profit (loss) carried forward -€229,523
down €229,523 (-76.4%), from -€300,587 to -€530,110
- Other debts +€224,569
up €224,569 (+78.4%), from €286,432 to €511,000
- Tax, wage and social debts -€19,413
down €19,413 (-58.4%), from €33,216 to €13,802
of which Remuneration and social security: -€28,193
- Trade debts +€5,094
up €5,094 (+5.8%), from €87,827 to €92,921
- Purchases and services +€80,474
up €80,474 (+11.4%), from €707,146 to €787,619
- Turnover +€63,717
up €63,717 (+8.6%), from €742,894 to €806,610
- Staff costs -€63,474
down €63,474 (-22.1%), from €287,032 to €223,558
- Financial charges +€15,641
up €15,641 (+133.9%), from €11,685 to €27,326
- Gross operating margin -€15,602
down €15,602 (-38.7%), from €40,265 to €24,663
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.
Cash bridge derived
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 | €175,341 | €155,847 | -€19,494 | -11.1% |
| Fixed assets | 21/28 | €4,951 | €3,582 | -€1,370 | -27.7% |
| Tangible fixed assets | 22/27 | €4,951 | €3,582 | -€1,370 | -27.7% |
| Plant, machinery and equipment | 23 | €4,951 | €3,582 | -€1,370 | -27.7% |
| Current assets | 29/58 | €170,390 | €152,265 | -€18,125 | -10.6% |
| Amounts receivable within one year | 40/41 | €160,567 | €144,725 | -€15,842 | -9.9% |
| Trade receivables | 40 | €142,375 | €144,725 | +€2,350 | +1.7% |
| Other amounts receivable | 41 | €18,192 | - | -€18,192 | |
| Cash at bank and in hand | 54/58 | €5,583 | €5,208 | -€375 | -6.7% |
| Deferred charges and accrued income | 490/1 | €4,240 | €2,332 | -€1,908 | -45.0% |
| Total equity and liabilities | 10/49 | €175,341 | €155,847 | -€19,494 | -11.1% |
| Equity | 10/15 | -€232,387 | -€461,910 | -€229,523 | -98.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€300,587 | -€530,110 | -€229,523 | -76.4% |
| Provisions and deferred taxes | 16 | €196 | €15 | -€180 | -92.2% |
| Provisions for liabilities and charges | 160/5 | €196 | €15 | -€180 | -92.2% |
| Pensions and similar obligations | 160 | €196 | €15 | -€180 | -92.2% |
| Amounts payable | 17/49 | €407,532 | €617,742 | +€210,210 | +51.6% |
| Amounts payable within one year | 42/48 | €407,474 | €617,723 | +€210,249 | +51.6% |
| Trade debts | 44 | €87,827 | €92,921 | +€5,094 | +5.8% |
| Suppliers | 440/4 | €87,827 | €92,921 | +€5,094 | +5.8% |
| Taxes, remuneration and social security | 45 | €33,216 | €13,802 | -€19,413 | -58.4% |
| Taxes | 450/3 | €613 | €9,392 | +€8,780 | +1433.0% |
| Remuneration and social security | 454/9 | €32,603 | €4,410 | -€28,193 | -86.5% |
| Other amounts payable | 47/48 | €286,432 | €511,000 | +€224,569 | +78.4% |
| Accrued charges and deferred income | 492/3 | €58 | €19 | -€40 | -68.2% |
| Turnover | 70 | €742,894 | €806,610 | +€63,717 | +8.6% |
| Non-recurring operating income | 76A | - | €275 | +€275 | |
| Goods, raw materials, services and sundry goods | 60/61 | €707,146 | €787,619 | +€80,474 | +11.4% |
| Remuneration, social security and pensions | 62 | €287,032 | €223,558 | -€63,474 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,873 | €1,807 | -€66 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€180 | -€180 | |
| Other operating charges | 640/8 | €1,892 | €1,302 | -€590 | -31.2% |
| Gross operating margin | 9900 | €40,265 | €24,663 | -€15,602 | -38.7% |
| Operating profit (loss) | 9901 | -€250,532 | -€201,824 | +€48,707 | +19.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €11,685 | €27,326 | +€15,641 | +133.9% |
| Recurring financial charges | 65 | €11,685 | €27,326 | +€15,641 | +133.9% |
| Profit (loss) for the period before taxes | 9903 | -€262,216 | -€229,150 | +€33,066 | +12.6% |
| Income taxes | 67/77 | €613 | €374 | -€239 | -39.0% |
| Profit (loss) for the period | 9904 | -€262,829 | -€229,523 | +€33,305 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€262,829 | -€229,523 | +€33,305 | +12.7% |
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 11 October 2026 via checked.be.