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Quartier Consult: 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.

What changed

Quartier Consult

BE 0552.960.178
NACE 46.190, Agents in non-specialised wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€43,276
2024 · €108,056-€151,332
Equity
€247,410
2024 · €290,686-€43,276
Cash
-
2024 · €1,992-€1,992
Balance sheet total
€583,798
2024 · €666,541-€82,743

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€34,359

    down €34,359 (-83.6%), from €41,098 to €6,739

    of which Other amounts receivable: -€34,359

  • Current investments -€28,237

    down €28,237 (-76.3%), from €37,021 to €8,784

  • Tangible fixed assets -€18,427

    down €18,427 (-3.1%), from €586,430 to €568,003

    of which Land and buildings: -€14,908

Equity and liabilities
  • Profit (loss) carried forward -€43,276

    down €43,276 (-22.7%), from €190,626 to €147,350

  • Debts after one year -€36,935

    down €36,935 (-12.9%), from €287,110 to €250,175

  • Other debts -€12,242

    down €12,242 (-49.0%), from €25,000 to €12,758

  • Trade debts +€7,612

    up €7,612 (+598.4%), from €1,272 to €8,884

Income statement
  • Gross operating margin -€176,590

    down €176,590, from €162,827 to -€13,764

  • Taxes -€23,879

    down €23,879 (-91.4%), from €26,128 to €2,249

  • Depreciation -€1,691

    down €1,691 (-8.4%), from €20,118 to €18,427

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €108,056
Gross operating margin -€176,590
Depreciation +€1,691
Other operating charges +€334
Financial income +€1
Financial charges -€646
Taxes +€23,879
Result 2025 -€43,276

Cash bridge derived

cash 2024 to 2025

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.

From operations +€4,737
Investment +€28,237
Financing -€34,967
Cash 2024 €1,992
Net result for the year -€43,276
Depreciation +€18,427
Receivables within one year +€34,359
Deferred charges and accrued income -€272
Trade debts +€7,612
Tax, wage and social debts +€130
Other debts -€12,242
Current investments +€28,237
Debts after one year -€36,935
Current portion of long-term debt +€1,969
Cash 2025 €0
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €666,541 €583,798 -€82,743 -12.4%
Fixed assets 21/28 €586,430 €568,003 -€18,427 -3.1%
Tangible fixed assets 22/27 €586,430 €568,003 -€18,427 -3.1%
Land and buildings 22 €582,650 €567,742 -€14,908 -2.6%
Plant, machinery and equipment 23 €1,113 €17 -€1,096 -98.5%
Furniture and vehicles 24 €2,667 €245 -€2,422 -90.8%
Current assets 29/58 €80,111 €15,795 -€64,316 -80.3%
Amounts receivable within one year 40/41 €41,098 €6,739 -€34,359 -83.6%
Trade receivables 40 €6,132 €6,132 = 0.0%
Other amounts receivable 41 €34,966 €607 -€34,359 -98.3%
Current investments 50/53 €37,021 €8,784 -€28,237 -76.3%
Cash at bank and in hand 54/58 €1,992 - -€1,992
Deferred charges and accrued income 490/1 - €272 +€272
Total equity and liabilities 10/49 €666,541 €583,798 -€82,743 -12.4%
Equity 10/15 €290,686 €247,410 -€43,276 -14.9%
Contributions 10/11 €8,060 €8,060 = 0.0%
Capital 10 €8,060 - -€8,060
Issued capital 100 €8,060 - -€8,060
Reserves 13 €92,000 €92,000 = 0.0%
Non-distributable reserves 130/1 €75,000 - -€75,000
Other 1319 €75,000 - -€75,000
Distributable reserves 133 €17,000 €92,000 +€75,000 +441.2%
Profit (loss) carried forward 14 €190,626 €147,350 -€43,276 -22.7%
Amounts payable 17/49 €375,856 €336,388 -€39,467 -10.5%
Amounts payable after more than one year 17 €287,110 €250,175 -€36,935 -12.9%
Financial debts 170/4 €287,110 €250,175 -€36,935 -12.9%
Amounts payable within one year 42/48 €88,745 €86,213 -€2,532 -2.9%
Current portion of amounts payable after more than one year 42 €36,345 €38,313 +€1,969 +5.4%
Trade debts 44 €1,272 €8,884 +€7,612 +598.4%
Suppliers 440/4 €1,272 €8,884 +€7,612 +598.4%
Taxes, remuneration and social security 45 €26,128 €26,258 +€130 +0.5%
Taxes 450/3 €26,128 €26,258 +€130 +0.5%
Other amounts payable 47/48 €25,000 €12,758 -€12,242 -49.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €20,118 €18,427 -€1,691 -8.4%
Other operating charges 640/8 €2,150 €1,816 -€334 -15.5%
Gross operating margin 9900 €162,827 -€13,764 -€176,590
Operating profit (loss) 9901 €140,559 -€34,006 -€174,566
Financial income 75/76B - €1 +€1
Recurring financial income 75 - €1 +€1
Financial charges 65/66B €6,375 €7,021 +€646 +10.1%
Recurring financial charges 65 €6,375 €7,021 +€646 +10.1%
Profit (loss) for the period before taxes 9903 €134,185 -€41,027 -€175,211
Income taxes 67/77 €26,128 €2,249 -€23,879 -91.4%
Profit (loss) for the period 9904 €108,056 -€43,276 -€151,332
Transfer from tax-exempt reserves 789 €15,000 - -€15,000
Profit (loss) for the period to be appropriated 9905 €123,056 -€43,276 -€166,332

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.