Quartier des Solidarités: 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.
Quartier des Solidarités
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+625%), from €238,369 to €1.7m
of which Assets under construction and advance payments: +€950,279
- Cash +€112,217
up €112,217 (+20.1%), from €559,130 to €671,347
mainly Contributions, distributions and other (+€1.8m) and Trade debts (+€91,421)
- Contributions +€1.8m
up €1.8m (+356%), from €503,000 to €2.3m
- Profit (loss) carried forward -€279,344
down €279,344 (-55.0%), from -€508,318 to -€787,662
- Trade debts +€91,421
up €91,421 (+285%), from €32,106 to €123,526
- Gross operating margin +€228,832
up €228,832 (+45.1%), from -€507,125 to -€278,292
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 | €799,675 | €2,400,752 | +€1.6m | +200% |
| Formation expenses | 20 | €2,177 | €1,633 | -€544 | -25.0% |
| Fixed assets | 21/28 | €238,369 | €1,727,773 | +€1.5m | +625% |
| Tangible fixed assets | 22/27 | €238,369 | €1,727,773 | +€1.5m | +625% |
| Land and buildings | 22 | - | €539,125 | +€539,125 | |
| Assets under construction and advance payments | 27 | €238,369 | €1,188,648 | +€950,279 | +399% |
| Current assets | 29/58 | €559,130 | €671,347 | +€112,217 | +20.1% |
| Cash at bank and in hand | 54/58 | €559,130 | €671,347 | +€112,217 | +20.1% |
| Total equity and liabilities | 10/49 | €799,675 | €2,400,752 | +€1.6m | +200% |
| Equity | 10/15 | €282,813 | €1,792,470 | +€1.5m | +534% |
| Contributions | 10/11 | €503,000 | €2,292,000 | +€1.8m | +356% |
| Profit (loss) carried forward | 14 | -€508,318 | -€787,662 | -€279,344 | -55.0% |
| Investment grants | 15 | €288,131 | €288,131 | = | 0.0% |
| Provisions and deferred taxes | 16 | €96,044 | €96,044 | = | 0.0% |
| Deferred taxes | 168 | €96,044 | €96,044 | = | 0.0% |
| Amounts payable | 17/49 | €420,818 | €512,239 | +€91,421 | +21.7% |
| Amounts payable within one year | 42/48 | €420,818 | €512,239 | +€91,421 | +21.7% |
| Trade debts | 44 | €32,106 | €123,526 | +€91,421 | +285% |
| Suppliers | 440/4 | €32,106 | €123,526 | +€91,421 | +285% |
| Other amounts payable | 47/48 | €388,713 | €388,713 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €544 | €544 | +€0 | 0.0% |
| Gross operating margin | 9900 | -€507,125 | -€278,292 | +€228,832 | +45.1% |
| Operating profit (loss) | 9901 | -€507,669 | -€278,836 | +€228,832 | +45.1% |
| Financial charges | 65/66B | €649 | €507 | -€142 | -21.9% |
| Recurring financial charges | 65 | €649 | €507 | -€142 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€508,318 | -€279,344 | +€228,975 | +45.0% |
| Profit (loss) for the period | 9904 | -€508,318 | -€279,344 | +€228,975 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€508,318 | -€279,344 | +€228,975 | +45.0% |
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 18 October 2026 via checked.be.