QUADRANT CONTROL: 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 CONTROL
Largest movements
- Cash +€28,940
up €28,940 (+13.0%), from €222,995 to €251,935
mainly Net result for the year (+€23,417) and Trade debts (+€5,202)
- Receivables within one year +€5,353
up €5,353 (+23.8%), from €22,463 to €27,816
of which Trade receivables: +€5,353
- Tangible fixed assets -€3,106
down €3,106 (-22.5%), from €13,787 to €10,681
of which Furniture and vehicles: -€4,134
- Reserves +€23,000
up €23,000 (+13.0%), from €177,460 to €200,460
of which Distributable reserves: +€23,000
- Trade debts +€5,202
up €5,202 (+110.0%), from €4,731 to €9,932
- Taxes +€5,203
up €5,203 (+51.4%), from €10,124 to €15,327
- Gross operating margin +€3,550
up €3,550 (+8.8%), from €40,436 to €43,986
- Financial income +€758
up €758 (+183.6%), from €413 to €1,170
- Financial charges +€713
up €713 (+225.8%), from €316 to €1,029
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 | €260,324 | €291,216 | +€30,892 | +11.9% |
| Fixed assets | 21/28 | €13,787 | €10,681 | -€3,106 | -22.5% |
| Tangible fixed assets | 22/27 | €13,787 | €10,681 | -€3,106 | -22.5% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €13,787 | €9,653 | -€4,134 | -30.0% |
| Other tangible fixed assets | 26 | - | €1,028 | +€1,028 | |
| Current assets | 29/58 | €246,537 | €280,535 | +€33,998 | +13.8% |
| Stocks and contracts in progress | 3 | €917 | €622 | -€295 | -32.2% |
| Stocks | 30/36 | - | €622 | +€622 | |
| Contracts in progress | 37 | €917 | - | -€917 | |
| Amounts receivable within one year | 40/41 | €22,463 | €27,816 | +€5,353 | +23.8% |
| Trade receivables | 40 | €22,463 | €27,816 | +€5,353 | +23.8% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €222,995 | €251,935 | +€28,940 | +13.0% |
| Deferred charges and accrued income | 490/1 | €161 | €161 | = | 0.0% |
| Total equity and liabilities | 10/49 | €260,324 | €291,216 | +€30,892 | +11.9% |
| Equity | 10/15 | €245,712 | €269,129 | +€23,417 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €177,460 | €200,460 | +€23,000 | +13.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €175,600 | €198,600 | +€23,000 | +13.1% |
| Profit (loss) carried forward | 14 | €62,052 | €62,469 | +€417 | +0.7% |
| Amounts payable | 17/49 | €14,612 | €22,088 | +€7,476 | +51.2% |
| Amounts payable within one year | 42/48 | €14,612 | €21,180 | +€6,568 | +45.0% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Trade debts | 44 | €4,731 | €9,932 | +€5,202 | +110.0% |
| Suppliers | 440/4 | €4,731 | €9,932 | +€5,202 | +110.0% |
| Taxes, remuneration and social security | 45 | €7,219 | €9,088 | +€1,869 | +25.9% |
| Taxes | 450/3 | €7,219 | €9,088 | +€1,869 | +25.9% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €2,662 | €2,160 | -€503 | -18.9% |
| Accrued charges and deferred income | 492/3 | - | €908 | +€908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,241 | €4,995 | -€246 | -4.7% |
| Other operating charges | 640/8 | €682 | €389 | -€293 | -43.0% |
| Gross operating margin | 9900 | €40,436 | €43,986 | +€3,550 | +8.8% |
| Operating profit (loss) | 9901 | €34,513 | €38,602 | +€4,089 | +11.8% |
| Financial income | 75/76B | €413 | €1,170 | +€758 | +183.6% |
| Recurring financial income | 75 | €413 | €1,170 | +€758 | +183.6% |
| Financial charges | 65/66B | €316 | €1,029 | +€713 | +225.8% |
| Recurring financial charges | 65 | €316 | €1,029 | +€713 | +225.8% |
| Profit (loss) for the period before taxes | 9903 | €34,610 | €38,743 | +€4,133 | +11.9% |
| Income taxes | 67/77 | €10,124 | €15,327 | +€5,203 | +51.4% |
| Profit (loss) for the period | 9904 | €24,486 | €23,417 | -€1,069 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,486 | €23,417 | -€1,069 | -4.4% |
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.