Quandong: 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.
Quandong
Largest movements
- Cash -€59,156
down €59,156 (-24.0%), from €246,308 to €187,152
mainly Contributions, distributions and other (-€128,825) and Tax, wage and social debts (-€7,147)
- Receivables within one year -€8,141
down €8,141 (-33.1%), from €24,603 to €16,462
of which Trade receivables: -€9,303
- Tangible fixed assets -€6,366
down €6,366 (-35.8%), from €17,767 to €11,401
of which Furniture and vehicles: -€6,200
- Reserves -€73,193
down €73,193 (-33.1%), from €220,934 to €147,740
- Tax, wage and social debts -€7,147
down €7,147 (-45.5%), from €15,723 to €8,576
of which Taxes: -€7,847
- Other debts +€6,914
up €6,914 (+14.1%), from €48,952 to €55,866
- Gross operating margin -€2,421
down €2,421 (-2.9%), from €84,193 to €81,772
- Taxes -€1,922
down €1,922 (-9.6%), from €20,000 to €18,078
- Other operating charges +€861
up €861 (+669%), from €129 to €989
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 | €290,346 | €215,790 | -€74,556 | -25.7% |
| Fixed assets | 21/28 | €17,767 | €11,401 | -€6,366 | -35.8% |
| Tangible fixed assets | 22/27 | €17,767 | €11,401 | -€6,366 | -35.8% |
| Plant, machinery and equipment | 23 | €304 | €137 | -€166 | -54.8% |
| Furniture and vehicles | 24 | €17,464 | €11,264 | -€6,200 | -35.5% |
| Current assets | 29/58 | €272,579 | €204,390 | -€68,190 | -25.0% |
| Amounts receivable within one year | 40/41 | €24,603 | €16,462 | -€8,141 | -33.1% |
| Trade receivables | 40 | €24,473 | €15,170 | -€9,303 | -38.0% |
| Other amounts receivable | 41 | €130 | €1,292 | +€1,162 | +893% |
| Cash at bank and in hand | 54/58 | €246,308 | €187,152 | -€59,156 | -24.0% |
| Deferred charges and accrued income | 490/1 | €1,667 | €775 | -€893 | -53.5% |
| Total equity and liabilities | 10/49 | €290,346 | €215,790 | -€74,556 | -25.7% |
| Equity | 10/15 | €223,434 | €150,240 | -€73,193 | -32.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €220,934 | €147,740 | -€73,193 | -33.1% |
| Distributable reserves | 133 | €220,934 | €147,740 | -€73,193 | -33.1% |
| Amounts payable | 17/49 | €66,912 | €65,550 | -€1,362 | -2.0% |
| Amounts payable within one year | 42/48 | €66,272 | €65,550 | -€722 | -1.1% |
| Trade debts | 44 | €1,597 | €1,108 | -€490 | -30.6% |
| Suppliers | 440/4 | €1,597 | €1,108 | -€490 | -30.6% |
| Taxes, remuneration and social security | 45 | €15,723 | €8,576 | -€7,147 | -45.5% |
| Taxes | 450/3 | €14,223 | €6,376 | -€7,847 | -55.2% |
| Remuneration and social security | 454/9 | €1,500 | €2,200 | +€700 | +46.7% |
| Other amounts payable | 47/48 | €48,952 | €55,866 | +€6,914 | +14.1% |
| Accrued charges and deferred income | 492/3 | €641 | - | -€641 | |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,658 | €6,928 | +€271 | +4.1% |
| Other operating charges | 640/8 | €129 | €989 | +€861 | +669% |
| Gross operating margin | 9900 | €84,193 | €81,772 | -€2,421 | -2.9% |
| Operating profit (loss) | 9901 | €77,406 | €73,854 | -€3,552 | -4.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +233% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +233% |
| Financial charges | 65/66B | €72 | €145 | +€73 | +103% |
| Recurring financial charges | 65 | €72 | €145 | +€73 | +103% |
| Profit (loss) for the period before taxes | 9903 | €77,335 | €73,709 | -€3,626 | -4.7% |
| Income taxes | 67/77 | €20,000 | €18,078 | -€1,922 | -9.6% |
| Profit (loss) for the period | 9904 | €57,335 | €55,631 | -€1,704 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,335 | €55,631 | -€1,704 | -3.0% |
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 14 October 2026 via checked.be.