QUADOC: what changed
Two fiscal 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.
QUADOC
Largest movements
- Cash +€621
up €621 (+72.1%), from €862 to €1,483
mainly Other debts (+€6,500) and Trade debts (+€161)
- Current investments +€500
new in 2025: €500
- Other debts +€6,500
new in 2025: €6,500
- Profit (loss) carried forward -€6,040
down €6,040 (-145.9%), from -€4,139 to -€10,178
- Reserves +€500
new in 2025: €500
- Trade debts +€161
new in 2025: €161
- Gross operating margin -€1,388
down €1,388 (-34.9%), from -€3,972 to -€5,360
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 | €862 | €1,983 | +€1,121 | +130.1% |
| Current assets | 29/58 | €862 | €1,983 | +€1,121 | +130.1% |
| Current investments | 50/53 | - | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €862 | €1,483 | +€621 | +72.1% |
| Total equity and liabilities | 10/49 | €862 | €1,983 | +€1,121 | +130.1% |
| Equity | 10/15 | €862 | -€4,678 | -€5,540 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €500 | +€500 | |
| Non-distributable reserves | 130/1 | - | €500 | +€500 | |
| Own shares acquired | 1312 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | -€4,139 | -€10,178 | -€6,040 | -145.9% |
| Amounts payable | 17/49 | - | €6,661 | +€6,661 | |
| Amounts payable within one year | 42/48 | - | €6,661 | +€6,661 | |
| Trade debts | 44 | - | €161 | +€161 | |
| Suppliers | 440/4 | - | €161 | +€161 | |
| Other amounts payable | 47/48 | - | €6,500 | +€6,500 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€3,972 | -€5,360 | -€1,388 | -34.9% |
| Operating profit (loss) | 9901 | -€4,090 | -€5,480 | -€1,390 | -34.0% |
| Financial charges | 65/66B | €49 | €60 | +€12 | +23.7% |
| Recurring financial charges | 65 | €49 | €60 | +€12 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,139 | -€5,540 | -€1,401 | -33.9% |
| Profit (loss) for the period | 9904 | -€4,139 | -€5,540 | -€1,401 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,139 | -€5,540 | -€1,401 | -33.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.