QUANDELIA: 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.
QUANDELIA
Largest movements
- Cash -€42,691
down €42,691 (-39.8%), from €107,295 to €64,603
mainly Investment in fixed assets (net) (-€23,434) and Net result for the year (-€18,663)
- Intangible fixed assets +€16,865
up €16,865 (+256.4%), from €6,578 to €23,443
- Tangible fixed assets -€5,114
down €5,114 (-80.8%), from €6,330 to €1,216
of which Furniture and vehicles: -€3,845
- Profit (loss) carried forward -€18,663
down €18,663 (-20.0%), from €93,189 to €74,527
- Tax, wage and social debts -€11,226
down €11,226 (-58.1%), from €19,332 to €8,107
of which Taxes: -€9,720
- Gross operating margin -€50,325
down €50,325, from €43,855 to -€6,470
- Taxes -€7,753
down €7,753 (-97.8%), from €7,930 to €177
- Depreciation +€1,918
up €1,918 (+19.6%), from €9,764 to €11,683
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 | €120,417 | €89,478 | -€30,939 | -25.7% |
| Fixed assets | 21/28 | €12,908 | €24,660 | +€11,751 | +91.0% |
| Intangible fixed assets | 21 | €6,578 | €23,443 | +€16,865 | +256.4% |
| Tangible fixed assets | 22/27 | €6,330 | €1,216 | -€5,114 | -80.8% |
| Plant, machinery and equipment | 23 | €2,485 | €1,216 | -€1,269 | -51.1% |
| Furniture and vehicles | 24 | €3,845 | - | -€3,845 | |
| Current assets | 29/58 | €107,508 | €64,819 | -€42,690 | -39.7% |
| Amounts receivable within one year | 40/41 | €214 | €215 | +€1 | +0.7% |
| Other amounts receivable | 41 | €214 | €215 | +€1 | +0.7% |
| Cash at bank and in hand | 54/58 | €107,295 | €64,603 | -€42,691 | -39.8% |
| Total equity and liabilities | 10/49 | €120,417 | €89,478 | -€30,939 | -25.7% |
| Equity | 10/15 | €99,032 | €80,370 | -€18,663 | -18.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €5,343 | €5,343 | = | 0.0% |
| Distributable reserves | 133 | €5,343 | €5,343 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,189 | €74,527 | -€18,663 | -20.0% |
| Amounts payable | 17/49 | €21,384 | €9,108 | -€12,276 | -57.4% |
| Amounts payable within one year | 42/48 | €21,384 | €9,108 | -€12,276 | -57.4% |
| Trade debts | 44 | €1,211 | €596 | -€615 | -50.8% |
| Suppliers | 440/4 | €1,211 | €596 | -€615 | -50.8% |
| Taxes, remuneration and social security | 45 | €19,332 | €8,107 | -€11,226 | -58.1% |
| Taxes | 450/3 | €17,827 | €8,107 | -€9,720 | -54.5% |
| Remuneration and social security | 454/9 | €1,506 | - | -€1,506 | |
| Other amounts payable | 47/48 | €841 | €406 | -€435 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,764 | €11,683 | +€1,918 | +19.6% |
| Other operating charges | 640/8 | €438 | €63 | -€374 | -85.5% |
| Gross operating margin | 9900 | €43,855 | -€6,470 | -€50,325 | |
| Operating profit (loss) | 9901 | €33,653 | -€18,216 | -€51,869 | |
| Financial income | 75/76B | €255 | €266 | +€12 | +4.6% |
| Recurring financial income | 75 | €224 | €186 | -€38 | -17.0% |
| Non-recurring financial income | 76B | €31 | €80 | +€50 | +162.8% |
| Financial charges | 65/66B | €364 | €536 | +€173 | +47.5% |
| Recurring financial charges | 65 | €349 | €534 | +€186 | +53.2% |
| Non-recurring financial charges | 66B | €15 | €2 | -€13 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €33,544 | -€18,486 | -€52,030 | |
| Income taxes | 67/77 | €7,930 | €177 | -€7,753 | -97.8% |
| Profit (loss) for the period | 9904 | €25,614 | -€18,663 | -€44,276 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,614 | -€18,663 | -€44,276 |
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 11 October 2026 via checked.be.