Quadrus Europa: what changed
Quadrus Europa
Largest movements
- Cash +€10,039
up €10,039 (+28.2%), from €35,601 to €45,640
mainly Net result for the year (+€9,288) and Depreciation (+€8,337)
- Receivables within one year +€7,157
up €7,157 (+18.0%), from €39,698 to €46,855
of which Trade receivables: +€34,425
- Tangible fixed assets -€7,037
down €7,037 (-25.1%), from €27,999 to €20,962
of which Furniture and vehicles: -€6,443
- Profit (loss) carried forward +€9,288
up €9,288 (+79.2%), from -€11,734 to -€2,446
- Reserves -€7,000
down €7,000 (-7.4%), from €94,060 to €87,060
- Other debts +€7,000
up €7,000, from €0 to €7,000
- Tax, wage and social debts +€3,998
up €3,998 (+156%), from €2,570 to €6,568
of which Remuneration and social security: +€2,243
- Trade debts -€3,128
down €3,128 (-51.5%), from €6,072 to €2,944
- Gross operating margin +€19,552
up €19,552 (+69.8%), from €28,024 to €47,576
- Depreciation +€3,945
up €3,945 (+89.8%), from €4,392 to €8,337
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,367 | €113,526 | +€10,159 | +9.8% |
| Fixed assets | 21/28 | €28,069 | €21,032 | -€7,037 | -25.1% |
| Tangible fixed assets | 22/27 | €27,999 | €20,962 | -€7,037 | -25.1% |
| Furniture and vehicles | 24 | €24,092 | €17,649 | -€6,443 | -26.7% |
| Other tangible fixed assets | 26 | €3,907 | €3,313 | -€594 | -15.2% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €75,299 | €92,495 | +€17,196 | +22.8% |
| Amounts receivable within one year | 40/41 | €39,698 | €46,855 | +€7,157 | +18.0% |
| Trade receivables | 40 | €5,694 | €40,120 | +€34,425 | +605% |
| Other amounts receivable | 41 | €34,003 | €6,735 | -€27,268 | -80.2% |
| Cash at bank and in hand | 54/58 | €35,601 | €45,640 | +€10,039 | +28.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €103,367 | €113,526 | +€10,159 | +9.8% |
| Equity | 10/15 | €94,726 | €97,014 | +€2,288 | +2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €94,060 | €87,060 | -€7,000 | -7.4% |
| Distributable reserves | 133 | €94,060 | €87,060 | -€7,000 | -7.4% |
| Profit (loss) carried forward | 14 | -€11,734 | -€2,446 | +€9,288 | +79.2% |
| Amounts payable | 17/49 | €8,641 | €16,512 | +€7,871 | +91.1% |
| Amounts payable within one year | 42/48 | €8,641 | €16,512 | +€7,871 | +91.1% |
| Trade debts | 44 | €6,072 | €2,944 | -€3,128 | -51.5% |
| Suppliers | 440/4 | €6,072 | €2,944 | -€3,128 | -51.5% |
| Taxes, remuneration and social security | 45 | €2,570 | €6,568 | +€3,998 | +156% |
| Taxes | 450/3 | €2,570 | €4,325 | +€1,756 | +68.3% |
| Remuneration and social security | 454/9 | - | €2,243 | +€2,243 | |
| Other amounts payable | 47/48 | €0 | €7,000 | +€7,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,392 | €8,337 | +€3,945 | +89.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €28,024 | €47,576 | +€19,552 | +69.8% |
| Operating profit (loss) | 9901 | €23,245 | €38,839 | +€15,594 | +67.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €29,571 | €29,551 | -€20 | -0.1% |
| Recurring financial charges | 65 | €29,571 | €29,551 | -€20 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,326 | €9,288 | +€15,614 | |
| Profit (loss) for the period | 9904 | -€6,326 | €9,288 | +€15,614 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,326 | €9,288 | +€15,614 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.