Quai 9.3: 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 9.3
Largest movements
- Tangible fixed assets -€8,559
down €8,559 (-3.2%), from €265,595 to €257,036
- Cash -€5,077
down €5,077 (-87.6%), from €5,794 to €717
mainly Net result for the year (-€15,024) and Trade debts (-€2,763)
- Receivables within one year -€3,642
down €3,642 (-66.7%), from €5,457 to €1,815
of which Trade receivables: -€4,814
- Profit (loss) carried forward -€15,024
down €15,024, from €5,377 to -€9,647
- Gross operating margin -€269,615
down €269,615, from €268,622 to -€993
- Other operating charges -€56,974
no longer reported in 2025 (was €56,974)
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 | €276,845 | €259,568 | -€17,278 | -6.2% |
| Fixed assets | 21/28 | €265,595 | €257,036 | -€8,559 | -3.2% |
| Tangible fixed assets | 22/27 | €265,595 | €257,036 | -€8,559 | -3.2% |
| Land and buildings | 22 | €265,595 | €257,036 | -€8,559 | -3.2% |
| Current assets | 29/58 | €11,251 | €2,532 | -€8,719 | -77.5% |
| Amounts receivable within one year | 40/41 | €5,457 | €1,815 | -€3,642 | -66.7% |
| Trade receivables | 40 | €4,814 | - | -€4,814 | |
| Other amounts receivable | 41 | €643 | €1,815 | +€1,172 | +182.1% |
| Cash at bank and in hand | 54/58 | €5,794 | €717 | -€5,077 | -87.6% |
| Total equity and liabilities | 10/49 | €276,845 | €259,568 | -€17,278 | -6.2% |
| Equity | 10/15 | €65,377 | €50,353 | -€15,024 | -23.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,377 | -€9,647 | -€15,024 | |
| Amounts payable | 17/49 | €211,469 | €209,215 | -€2,253 | -1.1% |
| Amounts payable after more than one year | 17 | €110,000 | €110,000 | = | 0.0% |
| Financial debts | 170/4 | €110,000 | €110,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,469 | €99,215 | -€2,253 | -2.2% |
| Trade debts | 44 | €9,577 | €6,814 | -€2,763 | -28.9% |
| Suppliers | 440/4 | €9,577 | €6,814 | -€2,763 | -28.9% |
| Taxes, remuneration and social security | 45 | €1,790 | - | -€1,790 | |
| Taxes | 450/3 | €1,790 | - | -€1,790 | |
| Other amounts payable | 47/48 | €90,101 | €92,401 | +€2,300 | +2.6% |
| Non-recurring operating income | 76A | €277,000 | - | -€277,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,118 | €8,559 | +€440 | +5.4% |
| Other operating charges | 640/8 | €56,974 | - | -€56,974 | |
| Non-recurring operating charges | 66A | €192,957 | - | -€192,957 | |
| Gross operating margin | 9900 | €268,622 | -€993 | -€269,615 | |
| Operating profit (loss) | 9901 | €10,573 | -€9,552 | -€20,125 | |
| Financial charges | 65/66B | €3,406 | €5,471 | +€2,065 | +60.6% |
| Recurring financial charges | 65 | €3,406 | €5,471 | +€2,065 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €7,167 | -€15,023 | -€22,190 | |
| Income taxes | 67/77 | €1,790 | €2 | -€1,788 | -99.9% |
| Profit (loss) for the period | 9904 | €5,377 | -€15,024 | -€20,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,377 | -€15,024 | -€20,401 |
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 9 October 2026 via checked.be.