QUADRANT COMMUNICATIONS: 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.
QUADRANT COMMUNICATIONS
Largest movements
- Receivables within one year -€17,184
down €17,184 (-3.8%), from €457,327 to €440,143
of which Trade receivables: -€52,982
- Financial fixed assets -€11,775
down €11,775 (-73.8%), from €15,955 to €4,180
- Trade debts -€22,855
down €22,855 (-27.3%), from €83,578 to €60,723
- Reserves -€22,000
down €22,000 (-8.2%), from €266,900 to €244,900
of which Distributable reserves: -€22,000
- Accrued charges and deferred income +€11,666
up €11,666 (+22.4%), from €51,977 to €63,643
- Tax, wage and social debts +€8,522
up €8,522 (+47.2%), from €18,068 to €26,590
of which Taxes: +€12,600
- Turnover -€130,767
down €130,767 (-19.6%), from €665,759 to €534,992
- Purchases and services -€106,090
down €106,090 (-18.4%), from €576,124 to €470,034
- Gross operating margin -€18,932
down €18,932 (-21.2%), from €89,159 to €70,228
- Financial charges +€13,981
up €13,981 (+452.6%), from €3,089 to €17,070
of which Non-recurring financial charges: +€13,800
- Staff costs -€10,237
down €10,237 (-12.5%), from €81,889 to €71,651
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 | €482,782 | €458,021 | -€24,761 | -5.1% |
| Fixed assets | 21/28 | €16,728 | €4,180 | -€12,548 | -75.0% |
| Tangible fixed assets | 22/27 | €773 | - | -€773 | |
| Plant, machinery and equipment | 23 | €773 | - | -€773 | |
| Financial fixed assets | 28 | €15,955 | €4,180 | -€11,775 | -73.8% |
| Current assets | 29/58 | €466,054 | €453,841 | -€12,213 | -2.6% |
| Amounts receivable within one year | 40/41 | €457,327 | €440,143 | -€17,184 | -3.8% |
| Trade receivables | 40 | €186,462 | €133,480 | -€52,982 | -28.4% |
| Other amounts receivable | 41 | €270,865 | €306,663 | +€35,798 | +13.2% |
| Cash at bank and in hand | 54/58 | €5,061 | €9,198 | +€4,137 | +81.7% |
| Deferred charges and accrued income | 490/1 | €3,665 | €4,499 | +€834 | +22.7% |
| Total equity and liabilities | 10/49 | €482,782 | €458,021 | -€24,761 | -5.1% |
| Equity | 10/15 | €329,159 | €307,044 | -€22,114 | -6.7% |
| 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 | €266,900 | €244,900 | -€22,000 | -8.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €241,950 | €219,950 | -€22,000 | -9.1% |
| Profit (loss) carried forward | 14 | €258 | €144 | -€114 | -44.3% |
| Provisions and deferred taxes | 16 | - | €21 | +€21 | |
| Provisions for liabilities and charges | 160/5 | - | €21 | +€21 | |
| Pensions and similar obligations | 160 | - | €21 | +€21 | |
| Amounts payable | 17/49 | €153,623 | €150,955 | -€2,668 | -1.7% |
| Amounts payable within one year | 42/48 | €101,646 | €87,313 | -€14,334 | -14.1% |
| Trade debts | 44 | €83,578 | €60,723 | -€22,855 | -27.3% |
| Suppliers | 440/4 | €83,578 | €60,723 | -€22,855 | -27.3% |
| Taxes, remuneration and social security | 45 | €18,068 | €26,590 | +€8,522 | +47.2% |
| Taxes | 450/3 | €12,043 | €24,643 | +€12,600 | +104.6% |
| Remuneration and social security | 454/9 | €6,026 | €1,947 | -€4,079 | -67.7% |
| Accrued charges and deferred income | 492/3 | €51,977 | €63,643 | +€11,666 | +22.4% |
| Turnover | 70 | €665,759 | €534,992 | -€130,767 | -19.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €576,124 | €470,034 | -€106,090 | -18.4% |
| Remuneration, social security and pensions | 62 | €81,889 | €71,651 | -€10,237 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,388 | €773 | -€615 | -44.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,743 | €21 | -€1,722 | -98.8% |
| Other operating charges | 640/8 | €2,751 | €7,858 | +€5,107 | +185.7% |
| Non-recurring operating charges | 66A | €258 | - | -€258 | |
| Gross operating margin | 9900 | €89,159 | €70,228 | -€18,932 | -21.2% |
| Operating profit (loss) | 9901 | €1,131 | -€10,076 | -€11,207 | |
| Financial income | 75/76B | €8,850 | €5,265 | -€3,585 | -40.5% |
| Recurring financial income | 75 | €8,850 | €5,265 | -€3,585 | -40.5% |
| Financial charges | 65/66B | €3,089 | €17,070 | +€13,981 | +452.6% |
| Recurring financial charges | 65 | €3,089 | €3,270 | +€181 | +5.9% |
| Non-recurring financial charges | 66B | - | €13,800 | +€13,800 | |
| Profit (loss) for the period before taxes | 9903 | €6,892 | -€21,881 | -€28,773 | |
| Income taxes | 67/77 | €235 | €233 | -€2 | -0.8% |
| Profit (loss) for the period | 9904 | €6,657 | -€22,114 | -€28,772 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,657 | -€22,114 | -€28,772 |
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 5 October 2026 via checked.be.