QUADRIGA IMMO: 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.
QUADRIGA IMMO
Largest movements
- Tangible fixed assets -€426,322
down €426,322 (-5.4%), from €8.0m to €7.5m
of which Leasing and similar rights: -€242,187
- Debts after one year -€737,111
down €737,111 (-23.7%), from €3.1m to €2.4m
- Reserves +€445,869
up €445,869 (+19.2%), from €2.3m to €2.8m
of which Distributable reserves: +€445,869
- Short-term financial debts -€100,000
down €100,000 (-7.7%), from €1.3m to €1.2m
- Financial charges -€58,504
down €58,504 (-25.9%), from €226,142 to €167,638
- Gross operating margin +€16,397
up €16,397 (+1.3%), from €1.3m to €1.3m
- Taxes +€16,153
up €16,153 (+12.2%), from €132,470 to €148,623
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 | €7,992,866 | €7,609,612 | -€383,254 | -4.8% |
| Fixed assets | 21/28 | €7,967,374 | €7,541,053 | -€426,322 | -5.4% |
| Tangible fixed assets | 22/27 | €7,967,374 | €7,541,053 | -€426,322 | -5.4% |
| Land and buildings | 22 | €5,811,756 | €5,635,007 | -€176,749 | -3.0% |
| Leasing and similar rights | 25 | €2,142,090 | €1,899,903 | -€242,187 | -11.3% |
| Other tangible fixed assets | 26 | €13,529 | €6,143 | -€7,386 | -54.6% |
| Current assets | 29/58 | €25,492 | €68,559 | +€43,067 | +168.9% |
| Amounts receivable within one year | 40/41 | €755 | €45,889 | +€45,134 | +5975.8% |
| Trade receivables | 40 | €755 | €45,889 | +€45,134 | +5975.8% |
| Cash at bank and in hand | 54/58 | €21,648 | €18,602 | -€3,046 | -14.1% |
| Deferred charges and accrued income | 490/1 | €3,088 | €4,067 | +€979 | +31.7% |
| Total equity and liabilities | 10/49 | €7,992,866 | €7,609,612 | -€383,254 | -4.8% |
| Equity | 10/15 | €2,824,349 | €3,270,218 | +€445,869 | +15.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €2,324,349 | €2,770,218 | +€445,869 | +19.2% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €2,274,349 | €2,720,218 | +€445,869 | +19.6% |
| Amounts payable | 17/49 | €5,168,517 | €4,339,394 | -€829,123 | -16.0% |
| Amounts payable after more than one year | 17 | €3,110,042 | €2,372,931 | -€737,111 | -23.7% |
| Financial debts | 170/4 | €3,110,042 | €2,372,931 | -€737,111 | -23.7% |
| Amounts payable within one year | 42/48 | €2,052,688 | €1,959,462 | -€93,226 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €732,313 | €737,111 | +€4,798 | +0.7% |
| Financial debts | 43 | €1,300,000 | €1,200,000 | -€100,000 | -7.7% |
| Credit institutions | 430/8 | €1,300,000 | €1,200,000 | -€100,000 | -7.7% |
| Trade debts | 44 | €803 | €3,703 | +€2,900 | +361.2% |
| Suppliers | 440/4 | €803 | €3,703 | +€2,900 | +361.2% |
| Taxes, remuneration and social security | 45 | €19,572 | €18,647 | -€924 | -4.7% |
| Taxes | 450/3 | €19,572 | €18,647 | -€924 | -4.7% |
| Accrued charges and deferred income | 492/3 | €5,788 | €7,001 | +€1,214 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €425,450 | €426,322 | +€872 | +0.2% |
| Other operating charges | 640/8 | €121,394 | €129,061 | +€7,667 | +6.3% |
| Gross operating margin | 9900 | €1,301,116 | €1,317,513 | +€16,397 | +1.3% |
| Operating profit (loss) | 9901 | €754,271 | €762,130 | +€7,859 | +1.0% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €226,142 | €167,638 | -€58,504 | -25.9% |
| Recurring financial charges | 65 | €226,142 | €167,638 | -€58,504 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €528,131 | €594,492 | +€66,361 | +12.6% |
| Income taxes | 67/77 | €132,470 | €148,623 | +€16,153 | +12.2% |
| Profit (loss) for the period | 9904 | €395,661 | €445,869 | +€50,208 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €395,661 | €445,869 | +€50,208 | +12.7% |
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 9 October 2026 via checked.be.