Quadflieg: 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.
Quadflieg
Largest movements
- Cash +€26,711
up €26,711 (+77.2%), from €34,596 to €61,307
mainly Current investments (+€25,000) and Net result for the year (+€23,393)
- Current investments -€25,000
down €25,000 (-100%), from €25,000 to €0
- Receivables within one year +€14,636
up €14,636 (+118%), from €12,436 to €27,071
of which Other amounts receivable: +€9,983
- Tangible fixed assets +€1,085
new in 2025: €1,085
- Reserves +€23,393
up €23,393 (+54.9%), from €42,584 to €65,977
- Other debts -€10,662
down €10,662 (-57.8%), from €18,437 to €7,776
- Trade debts +€2,827
up €2,827 (+265%), from €1,068 to €3,895
- Tax, wage and social debts +€1,816
new in 2025: €1,816
- Gross operating margin -€23,897
down €23,897 (-37.9%), from €63,093 to €39,196
- Taxes -€4,285
down €4,285 (-26.6%), from €16,122 to €11,837
- Financial income +€915
new in 2025: €915
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 | €72,089 | €89,463 | +€17,374 | +24.1% |
| Fixed assets | 21/28 | - | €1,085 | +€1,085 | |
| Tangible fixed assets | 22/27 | - | €1,085 | +€1,085 | |
| Plant, machinery and equipment | 23 | - | €1,085 | +€1,085 | |
| Current assets | 29/58 | €72,089 | €88,378 | +€16,289 | +22.6% |
| Amounts receivable within one year | 40/41 | €12,436 | €27,071 | +€14,636 | +118% |
| Trade receivables | 40 | €7,876 | €12,528 | +€4,652 | +59.1% |
| Other amounts receivable | 41 | €4,560 | €14,543 | +€9,983 | +219% |
| Current investments | 50/53 | €25,000 | €0 | -€25,000 | -100% |
| Cash at bank and in hand | 54/58 | €34,596 | €61,307 | +€26,711 | +77.2% |
| Deferred charges and accrued income | 490/1 | €58 | €0 | -€58 | -100% |
| Total equity and liabilities | 10/49 | €72,089 | €89,463 | +€17,374 | +24.1% |
| Equity | 10/15 | €52,584 | €75,977 | +€23,393 | +44.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €42,584 | €65,977 | +€23,393 | +54.9% |
| Distributable reserves | 133 | €42,584 | €65,977 | +€23,393 | +54.9% |
| Amounts payable | 17/49 | €19,505 | €13,486 | -€6,019 | -30.9% |
| Amounts payable within one year | 42/48 | €19,505 | €13,486 | -€6,019 | -30.9% |
| Trade debts | 44 | €1,068 | €3,895 | +€2,827 | +265% |
| Suppliers | 440/4 | €1,068 | €3,895 | +€2,827 | +265% |
| Taxes, remuneration and social security | 45 | - | €1,816 | +€1,816 | |
| Taxes | 450/3 | - | €1,816 | +€1,816 | |
| Other amounts payable | 47/48 | €18,437 | €7,776 | -€10,662 | -57.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €248 | +€248 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €63,093 | €39,196 | -€23,897 | -37.9% |
| Operating profit (loss) | 9901 | €62,975 | €38,828 | -€24,147 | -38.3% |
| Financial income | 75/76B | - | €915 | +€915 | |
| Recurring financial income | 75 | - | €915 | +€915 | |
| Financial charges | 65/66B | €4,268 | €4,512 | +€244 | +5.7% |
| Recurring financial charges | 65 | €4,268 | €4,512 | +€244 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €58,707 | €35,230 | -€23,476 | -40.0% |
| Income taxes | 67/77 | €16,122 | €11,837 | -€4,285 | -26.6% |
| Profit (loss) for the period | 9904 | €42,584 | €23,393 | -€19,192 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,584 | €23,393 | -€19,192 | -45.1% |
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 25 October 2026 via checked.be.