QUADRILLE: 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.
QUADRILLE
Largest movements
- Tangible fixed assets -€7,469
down €7,469 (-4.5%), from €164,525 to €157,056
of which Land and buildings: -€7,469
- Reserves -€9,462
down €9,462 (-18.2%), from €52,102 to €42,640
- Profit (loss) carried forward +€6,438
up €6,438 (+7.9%), from -€81,204 to -€74,766
- Provisions -€4,872
down €4,872 (-18.2%), from €26,828 to €21,956
- Depreciation -€1,647
down €1,647 (-18.1%), from €9,116 to €7,469
- Gross operating margin -€236
down €236 (-8.8%), from €2,683 to €2,446
- Other operating charges +€82
up €82 (+3.0%), from €2,718 to €2,800
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 | €172,966 | €165,070 | -€7,897 | -4.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €164,525 | €157,056 | -€7,469 | -4.5% |
| Tangible fixed assets | 22/27 | €164,525 | €157,056 | -€7,469 | -4.5% |
| Land and buildings | 22 | €164,525 | €157,056 | -€7,469 | -4.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €8,442 | €8,014 | -€428 | -5.1% |
| Cash at bank and in hand | 54/58 | €8,442 | €8,014 | -€428 | -5.1% |
| Total equity and liabilities | 10/49 | €172,966 | €165,070 | -€7,897 | -4.6% |
| Equity | 10/15 | -€4,312 | -€7,337 | -€3,025 | -70.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €52,102 | €42,640 | -€9,462 | -18.2% |
| Tax-exempt reserves | 132 | €52,102 | €42,640 | -€9,462 | -18.2% |
| Profit (loss) carried forward | 14 | -€81,204 | -€74,766 | +€6,438 | +7.9% |
| Provisions and deferred taxes | 16 | €26,828 | €21,956 | -€4,872 | -18.2% |
| Deferred taxes | 168 | €26,828 | €21,956 | -€4,872 | -18.2% |
| Amounts payable | 17/49 | €150,451 | €150,451 | = | 0.0% |
| Amounts payable within one year | 42/48 | €150,451 | €150,451 | = | 0.0% |
| Trade debts | 44 | €39 | €39 | = | 0.0% |
| Suppliers | 440/4 | €39 | €39 | = | 0.0% |
| Other amounts payable | 47/48 | €150,412 | €150,412 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,116 | €7,469 | -€1,647 | -18.1% |
| Other operating charges | 640/8 | €2,718 | €2,800 | +€82 | +3.0% |
| Gross operating margin | 9900 | €2,683 | €2,446 | -€236 | -8.8% |
| Operating profit (loss) | 9901 | -€9,152 | -€7,823 | +€1,328 | +14.5% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €77 | €88 | +€12 | +15.0% |
| Recurring financial charges | 65 | €77 | €88 | +€12 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,228 | -€7,893 | +€1,335 | +14.5% |
| Transfer from deferred taxes | 780 | €4,872 | €4,872 | = | 0.0% |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | -€4,356 | -€3,025 | +€1,331 | +30.6% |
| Transfer from tax-exempt reserves | 789 | €9,462 | €9,462 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,106 | €6,438 | +€1,331 | +26.1% |
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 2 October 2026 via checked.be.