Quarez Consulting: 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.
Quarez Consulting
Largest movements
- Cash -€147,573
down €147,573 (-58.7%), from €251,478 to €103,905
mainly Contributions, distributions and other (-€330,000) and Investment in fixed assets (net) (-€1,272)
- Receivables within one year -€66,665
down €66,665 (-57.1%), from €116,785 to €50,120
of which Other amounts receivable: -€70,120
- Profit (loss) carried forward -€233,243
down €233,243 (-66.6%), from €350,351 to €117,107
- Tax, wage and social debts +€19,456
up €19,456 (+75.8%), from €25,653 to €45,109
- Gross operating margin +€11,931
up €11,931 (+9.8%), from €121,735 to €133,666
- Taxes +€8,359
up €8,359 (+30.3%), from €27,557 to €35,916
- Depreciation -€2,117
down €2,117 (-54.4%), from €3,892 to €1,775
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 | €377,004 | €163,216 | -€213,787 | -56.7% |
| Fixed assets | 21/28 | €5,325 | €4,822 | -€503 | -9.5% |
| Tangible fixed assets | 22/27 | €5,325 | €4,822 | -€503 | -9.5% |
| Furniture and vehicles | 24 | €5,325 | €4,822 | -€503 | -9.5% |
| Current assets | 29/58 | €371,679 | €158,395 | -€213,284 | -57.4% |
| Amounts receivable within one year | 40/41 | €116,785 | €50,120 | -€66,665 | -57.1% |
| Trade receivables | 40 | €29,941 | €33,396 | +€3,455 | +11.5% |
| Other amounts receivable | 41 | €86,844 | €16,724 | -€70,120 | -80.7% |
| Cash at bank and in hand | 54/58 | €251,478 | €103,905 | -€147,573 | -58.7% |
| Deferred charges and accrued income | 490/1 | €3,416 | €4,369 | +€954 | +27.9% |
| Total equity and liabilities | 10/49 | €377,004 | €163,216 | -€213,787 | -56.7% |
| Equity | 10/15 | €351,351 | €118,107 | -€233,243 | -66.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €350,351 | €117,107 | -€233,243 | -66.6% |
| Amounts payable | 17/49 | €25,653 | €45,109 | +€19,456 | +75.8% |
| Amounts payable within one year | 42/48 | €25,653 | €45,109 | +€19,456 | +75.8% |
| Taxes, remuneration and social security | 45 | €25,653 | €45,109 | +€19,456 | +75.8% |
| Taxes | 450/3 | €25,653 | €45,109 | +€19,456 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,892 | €1,775 | -€2,117 | -54.4% |
| Other operating charges | 640/8 | - | €77 | +€77 | |
| Gross operating margin | 9900 | €121,735 | €133,666 | +€11,931 | +9.8% |
| Operating profit (loss) | 9901 | €117,843 | €131,814 | +€13,971 | +11.9% |
| Financial income | 75/76B | €1,251 | €954 | -€297 | -23.7% |
| Recurring financial income | 75 | €1,251 | €954 | -€297 | -23.7% |
| Financial charges | 65/66B | €96 | €96 | = | 0.0% |
| Recurring financial charges | 65 | €96 | €96 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €118,998 | €132,672 | +€13,674 | +11.5% |
| Income taxes | 67/77 | €27,557 | €35,916 | +€8,359 | +30.3% |
| Profit (loss) for the period | 9904 | €91,442 | €96,757 | +€5,315 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €91,442 | €96,757 | +€5,315 | +5.8% |
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 15 October 2026 via checked.be.