QUARANTE: 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.
QUARANTE
Largest movements
- Cash -€65,793
down €65,793 (-37.2%), from €176,648 to €110,856
mainly Other debts (-€43,719) and Net result for the year (-€26,287)
- Other debts -€43,719
down €43,719 (-93.4%), from €46,793 to €3,073
- Profit (loss) carried forward -€26,287
new in 2025: -€26,287
- Gross operating margin -€94,823
down €94,823, from €76,231 to -€18,592
- Taxes -€15,869
no longer reported in 2025 (was €15,869)
- Financial income -€1,052
down €1,052 (-99.5%), from €1,057 to €5
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 | €216,445 | €147,123 | -€69,322 | -32.0% |
| Fixed assets | 21/28 | €7,883 | €6,159 | -€1,724 | -21.9% |
| Tangible fixed assets | 22/27 | €7,883 | €6,159 | -€1,724 | -21.9% |
| Plant, machinery and equipment | 23 | €2,576 | €4,223 | +€1,648 | +64.0% |
| Other tangible fixed assets | 26 | €5,308 | €1,936 | -€3,372 | -63.5% |
| Current assets | 29/58 | €208,562 | €140,964 | -€67,597 | -32.4% |
| Amounts receivable within one year | 40/41 | €21,204 | €19,399 | -€1,805 | -8.5% |
| Trade receivables | 40 | €13,276 | €752 | -€12,524 | -94.3% |
| Other amounts receivable | 41 | €7,928 | €18,647 | +€10,719 | +135.2% |
| Current investments | 50/53 | €9,999 | €9,999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €176,648 | €110,856 | -€65,793 | -37.2% |
| Deferred charges and accrued income | 490/1 | €710 | €710 | = | 0.0% |
| Total equity and liabilities | 10/49 | €216,445 | €147,123 | -€69,322 | -32.0% |
| Equity | 10/15 | €167,624 | €141,337 | -€26,287 | -15.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €166,624 | €166,624 | = | 0.0% |
| Distributable reserves | 133 | €166,624 | €166,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€26,287 | -€26,287 | |
| Amounts payable | 17/49 | €48,821 | €5,787 | -€43,034 | -88.1% |
| Amounts payable within one year | 42/48 | €48,821 | €5,787 | -€43,034 | -88.1% |
| Trade debts | 44 | €1,561 | €2,713 | +€1,153 | +73.8% |
| Suppliers | 440/4 | €1,561 | €2,713 | +€1,153 | +73.8% |
| Taxes, remuneration and social security | 45 | €468 | - | -€468 | |
| Taxes | 450/3 | €468 | - | -€468 | |
| Other amounts payable | 47/48 | €46,793 | €3,073 | -€43,719 | -93.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,862 | €5,826 | -€36 | -0.6% |
| Other operating charges | 640/8 | €1,792 | €1,791 | -€1 | 0.0% |
| Gross operating margin | 9900 | €76,231 | -€18,592 | -€94,823 | |
| Operating profit (loss) | 9901 | €68,577 | -€26,209 | -€94,786 | |
| Financial income | 75/76B | €1,057 | €5 | -€1,052 | -99.5% |
| Recurring financial income | 75 | €1,057 | €5 | -€1,052 | -99.5% |
| Financial charges | 65/66B | €123 | €83 | -€40 | -32.3% |
| Recurring financial charges | 65 | €123 | €83 | -€40 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €69,511 | -€26,287 | -€95,798 | |
| Income taxes | 67/77 | €15,869 | - | -€15,869 | |
| Profit (loss) for the period | 9904 | €53,642 | -€26,287 | -€79,929 | |
| Profit (loss) for the period to be appropriated | 9905 | €53,642 | -€26,287 | -€79,929 |
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 10 October 2026 via checked.be.