QUADRATECH: 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.
QUADRATECH
Largest movements
- Tangible fixed assets +€20,831
up €20,831 (+45.7%), from €45,574 to €66,405
of which Furniture and vehicles: +€20,885
- Current investments +€18,668
new in 2025: €18,668
- Receivables within one year -€15,431
down €15,431 (-88.2%), from €17,494 to €2,063
of which Trade receivables: -€12,036
- Deferred charges and accrued income -€2,429
down €2,429 (-80.8%), from €3,005 to €576
- Stocks and contracts +€2,236
up €2,236 (+37.3%), from €6,000 to €8,236
- Debts after one year +€23,103
new in 2025: €23,103
- Current portion of long-term debt +€6,615
new in 2025: €6,615
- Tax, wage and social debts -€6,586
no longer reported in 2025 (was €6,586)
- Trade debts -€3,398
down €3,398 (-64.1%), from €5,297 to €1,899
- Profit (loss) carried forward +€3,386
up €3,386 (+9.3%), from €36,276 to €39,661
- Gross operating margin -€6,000
down €6,000 (-22.6%), from €26,532 to €20,532
- Depreciation -€1,846
down €1,846 (-13.9%), from €13,259 to €11,413
- Financial charges +€1,425
up €1,425 (+7186.0%), from €20 to €1,445
- Taxes -€858
down €858 (-33.7%), from €2,542 to €1,684
- Financial income -€561
down €561 (-100.0%), from €561 to €0
of which Non-recurring financial income: -€559
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 | €77,618 | €100,393 | +€22,775 | +29.3% |
| Fixed assets | 21/28 | €47,824 | €68,655 | +€20,831 | +43.6% |
| Tangible fixed assets | 22/27 | €45,574 | €66,405 | +€20,831 | +45.7% |
| Plant, machinery and equipment | 23 | €1,682 | €2,965 | +€1,283 | +76.3% |
| Furniture and vehicles | 24 | €7,487 | €28,372 | +€20,885 | +278.9% |
| Other tangible fixed assets | 26 | €36,405 | €35,068 | -€1,337 | -3.7% |
| Financial fixed assets | 28 | €2,250 | €2,250 | = | 0.0% |
| Current assets | 29/58 | €29,794 | €31,738 | +€1,944 | +6.5% |
| Stocks and contracts in progress | 3 | €6,000 | €8,236 | +€2,236 | +37.3% |
| Stocks | 30/36 | €6,000 | €8,236 | +€2,236 | +37.3% |
| Amounts receivable within one year | 40/41 | €17,494 | €2,063 | -€15,431 | -88.2% |
| Trade receivables | 40 | €14,099 | €2,063 | -€12,036 | -85.4% |
| Other amounts receivable | 41 | €3,395 | - | -€3,395 | |
| Current investments | 50/53 | - | €18,668 | +€18,668 | |
| Cash at bank and in hand | 54/58 | €3,295 | €2,196 | -€1,100 | -33.4% |
| Deferred charges and accrued income | 490/1 | €3,005 | €576 | -€2,429 | -80.8% |
| Total equity and liabilities | 10/49 | €77,618 | €100,393 | +€22,775 | +29.3% |
| Equity | 10/15 | €54,876 | €58,261 | +€3,386 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,276 | €39,661 | +€3,386 | +9.3% |
| Amounts payable | 17/49 | €22,742 | €42,132 | +€19,390 | +85.3% |
| Amounts payable after more than one year | 17 | - | €23,103 | +€23,103 | |
| Financial debts | 170/4 | - | €23,103 | +€23,103 | |
| Amounts payable within one year | 42/48 | €22,742 | €19,029 | -€3,713 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,615 | +€6,615 | |
| Trade debts | 44 | €5,297 | €1,899 | -€3,398 | -64.1% |
| Suppliers | 440/4 | €5,297 | €1,899 | -€3,398 | -64.1% |
| Taxes, remuneration and social security | 45 | €6,586 | - | -€6,586 | |
| Taxes | 450/3 | €6,586 | - | -€6,586 | |
| Other amounts payable | 47/48 | €10,859 | €10,514 | -€345 | -3.2% |
| Non-recurring operating income | 76A | €4,500 | €2,919 | -€1,581 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,259 | €11,413 | -€1,846 | -13.9% |
| Other operating charges | 640/8 | €2,356 | €2,604 | +€248 | +10.5% |
| Gross operating margin | 9900 | €26,532 | €20,532 | -€6,000 | -22.6% |
| Operating profit (loss) | 9901 | €10,916 | €6,515 | -€4,402 | -40.3% |
| Financial income | 75/76B | €561 | €0 | -€561 | -100.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Non-recurring financial income | 76B | €559 | - | -€559 | |
| Financial charges | 65/66B | €20 | €1,445 | +€1,425 | +7186.0% |
| Recurring financial charges | 65 | €20 | €1,445 | +€1,425 | +7186.0% |
| Profit (loss) for the period before taxes | 9903 | €11,458 | €5,070 | -€6,388 | -55.8% |
| Income taxes | 67/77 | €2,542 | €1,684 | -€858 | -33.7% |
| Profit (loss) for the period | 9904 | €8,916 | €3,386 | -€5,530 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,916 | €3,386 | -€5,530 | -62.0% |
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 12 October 2026 via checked.be.