QUAI 34: 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.
QUAI 34
Largest movements
- Tangible fixed assets -€10,245
down €10,245 (-4.3%), from €237,600 to €227,355
- Cash -€8,096
down €8,096 (-58.6%), from €13,826 to €5,730
mainly Net result for the year (-€42,145)
- Profit (loss) carried forward -€42,145
down €42,145 (-25.8%), from -€163,144 to -€205,289
- Other debts +€23,218
up €23,218 (+5.9%), from €395,970 to €419,188
- Financial charges +€13,997
up €13,997 (+150%), from €9,316 to €23,313
- Depreciation -€2,260
down €2,260 (-18.1%), from €12,505 to €10,245
- Gross operating margin -€1,832
down €1,832 (-36.0%), from -€5,087 to -€6,920
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €251,426 | €233,085 | -€18,341 | -7.3% |
| Fixed assets | 21/28 | €237,600 | €227,355 | -€10,245 | -4.3% |
| Tangible fixed assets | 22/27 | €237,600 | €227,355 | -€10,245 | -4.3% |
| Land and buildings | 22 | €237,600 | €227,355 | -€10,245 | -4.3% |
| Current assets | 29/58 | €13,826 | €5,730 | -€8,096 | -58.6% |
| Cash at bank and in hand | 54/58 | €13,826 | €5,730 | -€8,096 | -58.6% |
| Total equity and liabilities | 10/49 | €251,426 | €233,085 | -€18,341 | -7.3% |
| Equity | 10/15 | -€144,544 | -€186,689 | -€42,145 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,144 | -€205,289 | -€42,145 | -25.8% |
| Amounts payable | 17/49 | €395,970 | €419,774 | +€23,803 | +6.0% |
| Amounts payable within one year | 42/48 | €395,970 | €419,774 | +€23,803 | +6.0% |
| Trade debts | 44 | - | €586 | +€586 | |
| Suppliers | 440/4 | - | €586 | +€586 | |
| Other amounts payable | 47/48 | €395,970 | €419,188 | +€23,218 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,505 | €10,245 | -€2,260 | -18.1% |
| Other operating charges | 640/8 | €1,602 | €1,666 | +€65 | +4.1% |
| Gross operating margin | 9900 | -€5,087 | -€6,920 | -€1,832 | -36.0% |
| Operating profit (loss) | 9901 | -€19,194 | -€18,831 | +€363 | +1.9% |
| Financial charges | 65/66B | €9,316 | €23,313 | +€13,997 | +150% |
| Recurring financial charges | 65 | €9,316 | €23,313 | +€13,997 | +150% |
| Profit (loss) for the period before taxes | 9903 | -€28,510 | -€42,145 | -€13,634 | -47.8% |
| Profit (loss) for the period | 9904 | -€28,510 | -€42,145 | -€13,634 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,510 | -€42,145 | -€13,634 | -47.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.