QUANDACAR: 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.
QUANDACAR
Largest movements
- Tangible fixed assets +€47,675
up €47,675 (+5.2%), from €925,404 to €973,079
of which Plant, machinery and equipment: +€81,767
- Cash -€10,938
down €10,938 (-9.1%), from €120,571 to €109,633
mainly Investment in fixed assets (net) (-€106,659) and Trade debts (-€20,285)
- Current portion of long-term debt +€30,631
up €30,631 (+129.3%), from €23,686 to €54,317
- Trade debts -€20,285
down €20,285 (-69.4%), from €29,209 to €8,924
- Debts after one year +€14,156
up €14,156 (+6.3%), from €224,415 to €238,572
- Depreciation -€3,647
down €3,647 (-5.8%), from €62,631 to €58,984
- Taxes +€3,356
up €3,356 (+28.6%), from €11,719 to €15,075
- Financial charges +€1,514
up €1,514 (+22.0%), from €6,892 to €8,406
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 | €1,045,976 | €1,082,712 | +€36,737 | +3.5% |
| Fixed assets | 21/28 | €925,404 | €973,079 | +€47,675 | +5.2% |
| Tangible fixed assets | 22/27 | €925,404 | €973,079 | +€47,675 | +5.2% |
| Land and buildings | 22 | €794,920 | €760,828 | -€34,092 | -4.3% |
| Plant, machinery and equipment | 23 | €130,485 | €212,252 | +€81,767 | +62.7% |
| Current assets | 29/58 | €120,571 | €109,633 | -€10,938 | -9.1% |
| Cash at bank and in hand | 54/58 | €120,571 | €109,633 | -€10,938 | -9.1% |
| Total equity and liabilities | 10/49 | €1,045,976 | €1,082,712 | +€36,737 | +3.5% |
| Equity | 10/15 | €752,661 | €762,454 | +€9,792 | +1.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €214,311 | €223,561 | +€9,250 | +4.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €208,161 | €192,411 | -€15,750 | -7.6% |
| Distributable reserves | 133 | - | €25,000 | +€25,000 | |
| Profit (loss) carried forward | 14 | €476,850 | €477,393 | +€542 | +0.1% |
| Amounts payable | 17/49 | €293,314 | €320,258 | +€26,944 | +9.2% |
| Amounts payable after more than one year | 17 | €224,415 | €238,572 | +€14,156 | +6.3% |
| Financial debts | 170/4 | €224,415 | €238,572 | +€14,156 | +6.3% |
| Amounts payable within one year | 42/48 | €68,899 | €81,687 | +€12,788 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €23,686 | €54,317 | +€30,631 | +129.3% |
| Trade debts | 44 | €29,209 | €8,924 | -€20,285 | -69.4% |
| Suppliers | 440/4 | €29,209 | €8,924 | -€20,285 | -69.4% |
| Taxes, remuneration and social security | 45 | €11,719 | €15,075 | +€3,356 | +28.6% |
| Taxes | 450/3 | €11,719 | €15,075 | +€3,356 | +28.6% |
| Other amounts payable | 47/48 | €4,286 | €3,371 | -€915 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,631 | €58,984 | -€3,647 | -5.8% |
| Other operating charges | 640/8 | €10,030 | €9,609 | -€421 | -4.2% |
| Gross operating margin | 9900 | €101,562 | €101,865 | +€303 | +0.3% |
| Operating profit (loss) | 9901 | €28,901 | €33,273 | +€4,371 | +15.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,892 | €8,406 | +€1,514 | +22.0% |
| Recurring financial charges | 65 | €6,892 | €8,406 | +€1,514 | +22.0% |
| Profit (loss) for the period before taxes | 9903 | €22,010 | €24,868 | +€2,858 | +13.0% |
| Income taxes | 67/77 | €11,719 | €15,075 | +€3,356 | +28.6% |
| Profit (loss) for the period | 9904 | €10,291 | €9,792 | -€498 | -4.8% |
| Transfer from tax-exempt reserves | 789 | €15,750 | €15,750 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,041 | €25,542 | -€498 | -1.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.