QUARIMMO: what changed
Two fiscal 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.
QUARIMMO
Largest movements
- Tangible fixed assets -€51,615
down €51,615 (-4.6%), from €1.1m to €1.1m
of which Land and buildings: -€39,585
- Receivables within one year +€24,636
up €24,636 (+185.7%), from €13,265 to €37,901
of which Other amounts receivable: +€33,383
- Debts after one year -€78,534
down €78,534 (-37.6%), from €209,037 to €130,503
of which Financial debts: -€84,550
- Profit (loss) carried forward +€54,998
up €54,998 (+53.7%), from €102,462 to €157,460
- Other debts -€21,580
down €21,580 (-100.0%), from €21,580 to €0
- Trade debts -€19,514
down €19,514 (-68.6%), from €28,438 to €8,924
- Current portion of long-term debt +€18,114
up €18,114 (+17.3%), from €104,521 to €122,635
- Depreciation -€7,080
down €7,080 (-12.1%), from €58,695 to €51,615
- Taxes +€4,382
up €4,382 (+22.1%), from €19,865 to €24,248
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,148,638 | €1,116,255 | -€32,383 | -2.8% |
| Fixed assets | 21/28 | €1,127,242 | €1,075,627 | -€51,615 | -4.6% |
| Tangible fixed assets | 22/27 | €1,127,242 | €1,075,627 | -€51,615 | -4.6% |
| Land and buildings | 22 | €1,057,811 | €1,018,226 | -€39,585 | -3.7% |
| Plant, machinery and equipment | 23 | €69,431 | €57,401 | -€12,029 | -17.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €21,396 | €40,628 | +€19,231 | +89.9% |
| Amounts receivable within one year | 40/41 | €13,265 | €37,901 | +€24,636 | +185.7% |
| Trade receivables | 40 | €11,092 | €2,345 | -€8,747 | -78.9% |
| Other amounts receivable | 41 | €2,173 | €35,556 | +€33,383 | +1536.0% |
| Cash at bank and in hand | 54/58 | €6,757 | €5 | -€6,752 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,374 | €2,722 | +€1,348 | +98.1% |
| Total equity and liabilities | 10/49 | €1,148,638 | €1,116,255 | -€32,383 | -2.8% |
| Equity | 10/15 | €781,447 | €836,445 | +€54,998 | +7.0% |
| Contributions | 10/11 | €96,678 | €96,678 | = | 0.0% |
| Capital | 10 | €96,678 | €96,678 | = | 0.0% |
| Issued capital | 100 | €96,678 | €96,678 | = | 0.0% |
| Revaluation surpluses | 12 | €572,639 | €572,639 | = | 0.0% |
| Reserves | 13 | €9,668 | €9,668 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,668 | €9,668 | = | 0.0% |
| Legal reserve | 130 | €9,668 | €9,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,462 | €157,460 | +€54,998 | +53.7% |
| Amounts payable | 17/49 | €367,191 | €279,810 | -€87,381 | -23.8% |
| Amounts payable after more than one year | 17 | €209,037 | €130,503 | -€78,534 | -37.6% |
| Financial debts | 170/4 | €189,397 | €104,847 | -€84,550 | -44.6% |
| Other amounts payable | 178/9 | €19,640 | €25,656 | +€6,016 | +30.6% |
| Amounts payable within one year | 42/48 | €154,539 | €144,338 | -€10,201 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €104,521 | €122,635 | +€18,114 | +17.3% |
| Financial debts | 43 | - | €8,621 | +€8,621 | |
| Credit institutions | 430/8 | - | €8,621 | +€8,621 | |
| Trade debts | 44 | €28,438 | €8,924 | -€19,514 | -68.6% |
| Suppliers | 440/4 | €28,438 | €8,924 | -€19,514 | -68.6% |
| Taxes, remuneration and social security | 45 | €0 | €4,158 | +€4,158 | |
| Taxes | 450/3 | €0 | €4,158 | +€4,158 | |
| Other amounts payable | 47/48 | €21,580 | €0 | -€21,580 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,615 | €4,969 | +€1,354 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,695 | €51,615 | -€7,080 | -12.1% |
| Other operating charges | 640/8 | €23,158 | €24,164 | +€1,006 | +4.3% |
| Gross operating margin | 9900 | €159,687 | €160,090 | +€403 | +0.3% |
| Operating profit (loss) | 9901 | €77,834 | €84,312 | +€6,478 | +8.3% |
| Financial income | 75/76B | €0 | €1,533 | +€1,533 | +5108933.3% |
| Recurring financial income | 75 | €0 | €1,533 | +€1,533 | +5108933.3% |
| Financial charges | 65/66B | €5,959 | €6,599 | +€640 | +10.7% |
| Recurring financial charges | 65 | €5,959 | €6,599 | +€640 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €71,875 | €79,245 | +€7,371 | +10.3% |
| Income taxes | 67/77 | €19,865 | €24,248 | +€4,382 | +22.1% |
| Profit (loss) for the period | 9904 | €52,009 | €54,998 | +€2,988 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,009 | €54,998 | +€2,988 | +5.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.