QUADRA: 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.
What changed
QUADRA
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€148,552
2024 · €168,903-€20,351
Equity
€705,316
2024 · €556,764+€148,552
Cash
€5,151
2024 · €4,608+€544
Balance sheet total
€1.3m
2024 · €1.3m+€72,868
Largest movements
Assets
- Receivables within one year +€88,572
up €88,572 (+62.2%), from €142,342 to €230,914
of which Other amounts receivable: +€86,503
Equity and liabilities
- Reserves +€100,000
up €100,000 (+26.4%), from €378,150 to €478,150
of which Distributable reserves: +€100,000
- Profit (loss) carried forward +€48,552
up €48,552 (+41.6%), from €116,615 to €165,166
- Debts after one year -€39,119
down €39,119 (-10.3%), from €378,289 to €339,170
- Short-term financial debts -€29,286
down €29,286 (-50.0%), from €58,533 to €29,247
- Current portion of long-term debt +€21,149
up €21,149 (+55.2%), from €38,338 to €59,487
Income statement
- Gross operating margin -€84,118
down €84,118 (-26.8%), from €314,193 to €230,075
- Staff costs -€64,616
down €64,616, from €59,489 to -€5,127
- Financial income -€3,348
down €3,348 (-38.5%), from €8,696 to €5,347
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.
Result 2024
€168,903
Gross operating margin
-€84,118
Staff costs
+€64,616
Depreciation
-€329
Other operating charges
+€2,255
Financial income
-€3,348
Financial charges
+€225
Taxes
+€348
Result 2025
€148,552
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.
From operations
+€47,800
Investment
€0
Financing
-€47,257
Cash 2024
€4,608
From operations (derived)
+€47,800
Net result for the year
+€148,552
Depreciation
+€13,057
Receivables within one year
-€88,572
Deferred charges and accrued income
+€3,190
Trade debts
-€3,766
Tax, wage and social debts
-€18,811
Other debts
-€5,850
Financing
-€47,257
Debts after one year
-€39,119
Current portion of long-term debt
+€21,149
Short-term financial debts
-€29,286
Cash 2025
€5,151
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,263,656 | €1,336,524 | +€72,868 | +5.8% |
| Fixed assets | 21/28 | €826,734 | €813,677 | -€13,057 | -1.6% |
| Tangible fixed assets | 22/27 | €251,734 | €238,677 | -€13,057 | -5.2% |
| Land and buildings | 22 | - | €230,690 | +€230,690 | |
| Plant, machinery and equipment | 23 | €7,974 | €7,074 | -€900 | -11.3% |
| Furniture and vehicles | 24 | €1,390 | €913 | -€477 | -34.3% |
| Other tangible fixed assets | 26 | €242,370 | €0 | -€242,370 | -100.0% |
| Financial fixed assets | 28 | €575,000 | €575,000 | = | 0.0% |
| Current assets | 29/58 | €436,921 | €522,846 | +€85,925 | +19.7% |
| Amounts receivable after more than one year | 29 | €286,000 | €286,000 | = | 0.0% |
| Other amounts receivable | 291 | €286,000 | €286,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €142,342 | €230,914 | +€88,572 | +62.2% |
| Trade receivables | 40 | €78,877 | €80,946 | +€2,069 | +2.6% |
| Other amounts receivable | 41 | €63,465 | €149,968 | +€86,503 | +136.3% |
| Cash at bank and in hand | 54/58 | €4,608 | €5,151 | +€544 | +11.8% |
| Deferred charges and accrued income | 490/1 | €3,971 | €781 | -€3,190 | -80.3% |
| Total equity and liabilities | 10/49 | €1,263,656 | €1,336,524 | +€72,868 | +5.8% |
| Equity | 10/15 | €556,764 | €705,316 | +€148,552 | +26.7% |
| 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 | €378,150 | €478,150 | +€100,000 | +26.4% |
| Non-distributable reserves | 130/1 | €19,650 | €19,650 | = | 0.0% |
| Legal reserve | 130 | €19,650 | €19,650 | = | 0.0% |
| Distributable reserves | 133 | €358,500 | €458,500 | +€100,000 | +27.9% |
| Profit (loss) carried forward | 14 | €116,615 | €165,166 | +€48,552 | +41.6% |
| Amounts payable | 17/49 | €706,891 | €631,208 | -€75,683 | -10.7% |
| Amounts payable after more than one year | 17 | €378,289 | €339,170 | -€39,119 | -10.3% |
| Financial debts | 170/4 | €378,289 | €339,170 | -€39,119 | -10.3% |
| Amounts payable within one year | 42/48 | €328,602 | €292,037 | -€36,564 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €38,338 | €59,487 | +€21,149 | +55.2% |
| Financial debts | 43 | €58,533 | €29,247 | -€29,286 | -50.0% |
| Credit institutions | 430/8 | €58,533 | €29,247 | -€29,286 | -50.0% |
| Trade debts | 44 | €165,697 | €161,931 | -€3,766 | -2.3% |
| Suppliers | 440/4 | €165,697 | €161,931 | -€3,766 | -2.3% |
| Taxes, remuneration and social security | 45 | €60,184 | €41,373 | -€18,811 | -31.3% |
| Taxes | 450/3 | €52,557 | €41,373 | -€11,184 | -21.3% |
| Remuneration and social security | 454/9 | €7,627 | €0 | -€7,627 | -100.0% |
| Other amounts payable | 47/48 | €5,850 | €0 | -€5,850 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €59,489 | -€5,127 | -€64,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,728 | €13,057 | +€329 | +2.6% |
| Other operating charges | 640/8 | €7,882 | €5,626 | -€2,255 | -28.6% |
| Gross operating margin | 9900 | €314,193 | €230,075 | -€84,118 | -26.8% |
| Operating profit (loss) | 9901 | €234,095 | €216,519 | -€17,575 | -7.5% |
| Financial income | 75/76B | €8,696 | €5,347 | -€3,348 | -38.5% |
| Recurring financial income | 75 | €8,696 | €5,347 | -€3,348 | -38.5% |
| Financial charges | 65/66B | €14,538 | €14,313 | -€225 | -1.5% |
| Recurring financial charges | 65 | €14,538 | €14,313 | -€225 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €228,253 | €207,553 | -€20,699 | -9.1% |
| Income taxes | 67/77 | €59,350 | €59,002 | -€348 | -0.6% |
| Profit (loss) for the period | 9904 | €168,903 | €148,552 | -€20,351 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €168,903 | €148,552 | -€20,351 | -12.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.