Quagaa: 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.
Quagaa
Largest movements
- Cash +€5,685
up €5,685 (+11,440%), from €50 to €5,734
mainly Net result for the year (+€7,623) and Receivables within one year (+€4,162)
- Receivables within one year -€4,162
down €4,162 (-69.3%), from €6,009 to €1,847
of which Trade receivables: -€6,009
- Deferred charges and accrued income +€2,430
new in 2025: €2,430
- Tangible fixed assets +€1,510
up €1,510 (+69.7%), from €2,168 to €3,679
- Profit (loss) carried forward +€7,623
up €7,623 (+33.7%), from -€22,611 to -€14,987
- Other debts -€2,514
down €2,514 (-25.9%), from €9,704 to €7,190
- Tax, wage and social debts +€511
up €511 (+39.4%), from €1,295 to €1,806
- Trade debts -€437
down €437 (-35.3%), from €1,239 to €802
- Accrued charges and deferred income +€280
new in 2025: €280
- Gross operating margin +€7,034
up €7,034 (+220%), from €3,203 to €10,236
- Taxes +€653
new in 2025: €653
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Depreciation -€117
down €117 (-6.1%), from €1,913 to €1,796
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.
Derived cash bridge
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 | €8,227 | €13,691 | +€5,464 | +66.4% |
| Fixed assets | 21/28 | €2,168 | €3,679 | +€1,510 | +69.7% |
| Tangible fixed assets | 22/27 | €2,168 | €3,679 | +€1,510 | +69.7% |
| Furniture and vehicles | 24 | €2,168 | €3,679 | +€1,510 | +69.7% |
| Current assets | 29/58 | €6,059 | €10,012 | +€3,953 | +65.3% |
| Amounts receivable within one year | 40/41 | €6,009 | €1,847 | -€4,162 | -69.3% |
| Trade receivables | 40 | €6,009 | - | -€6,009 | |
| Other amounts receivable | 41 | - | €1,847 | +€1,847 | |
| Cash at bank and in hand | 54/58 | €50 | €5,734 | +€5,685 | +11,440% |
| Deferred charges and accrued income | 490/1 | - | €2,430 | +€2,430 | |
| Total equity and liabilities | 10/49 | €8,227 | €13,691 | +€5,464 | +66.4% |
| Equity | 10/15 | -€4,011 | €3,613 | +€7,623 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,611 | -€14,987 | +€7,623 | +33.7% |
| Amounts payable | 17/49 | €12,238 | €10,078 | -€2,160 | -17.6% |
| Amounts payable within one year | 42/48 | €12,238 | €9,798 | -€2,440 | -19.9% |
| Trade debts | 44 | €1,239 | €802 | -€437 | -35.3% |
| Suppliers | 440/4 | €1,239 | €802 | -€437 | -35.3% |
| Taxes, remuneration and social security | 45 | €1,295 | €1,806 | +€511 | +39.4% |
| Taxes | 450/3 | €1,295 | €1,806 | +€511 | +39.4% |
| Other amounts payable | 47/48 | €9,704 | €7,190 | -€2,514 | -25.9% |
| Accrued charges and deferred income | 492/3 | - | €280 | +€280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,913 | €1,796 | -€117 | -6.1% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €3,203 | €10,236 | +€7,034 | +220% |
| Operating profit (loss) | 9901 | €902 | €8,441 | +€7,538 | +836% |
| Financial charges | 65/66B | €164 | €165 | +€0 | +0.1% |
| Recurring financial charges | 65 | €164 | €165 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €738 | €8,276 | +€7,538 | +1,022% |
| Income taxes | 67/77 | - | €653 | +€653 | |
| Profit (loss) for the period | 9904 | €738 | €7,623 | +€6,886 | +933% |
| Profit (loss) for the period to be appropriated | 9905 | €738 | €7,623 | +€6,886 | +933% |
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 30 October 2026 via checked.be.