QUARTIER LATIN: 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.
QUARTIER LATIN
Largest movements
- Receivables within one year +€26,620
up €26,620 (+4.0%), from €660,297 to €686,917
of which Other amounts receivable: +€35,365
- Trade debts +€43,256
up €43,256 (+24.5%), from €176,665 to €219,921
- Tax, wage and social debts +€43,175
up €43,175 (+37.8%), from €114,212 to €157,387
of which Taxes: +€34,424
- Profit (loss) carried forward -€35,198
down €35,198, from €1,115 to -€34,082
- Other debts -€21,000
down €21,000 (-100.0%), from €21,000 to €0
- Gross operating margin +€18,633
up €18,633 (+34.1%), from €54,662 to €73,294
- Staff costs +€5,542
up €5,542 (+9.2%), from €60,054 to €65,596
- Financial income +€2,963
up €2,963 (+19.4%), from €15,279 to €18,242
- Financial charges -€861
down €861 (-64.3%), from €1,340 to €479
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 | €802,357 | €831,918 | +€29,561 | +3.7% |
| Fixed assets | 21/28 | €3,212 | €2,737 | -€475 | -14.8% |
| Tangible fixed assets | 22/27 | €659 | €0 | -€659 | -100.0% |
| Furniture and vehicles | 24 | €659 | €0 | -€659 | -100.0% |
| Financial fixed assets | 28 | €2,553 | €2,737 | +€184 | +7.2% |
| Current assets | 29/58 | €799,145 | €829,181 | +€30,035 | +3.8% |
| Amounts receivable after more than one year | 29 | €138,814 | €142,229 | +€3,415 | +2.5% |
| Other amounts receivable | 291 | €138,814 | €142,229 | +€3,415 | +2.5% |
| Amounts receivable within one year | 40/41 | €660,297 | €686,917 | +€26,620 | +4.0% |
| Trade receivables | 40 | €56,433 | €47,688 | -€8,745 | -15.5% |
| Other amounts receivable | 41 | €603,864 | €639,229 | +€35,365 | +5.9% |
| Cash at bank and in hand | 54/58 | €34 | €34 | = | 0.0% |
| Total equity and liabilities | 10/49 | €802,357 | €831,918 | +€29,561 | +3.7% |
| Equity | 10/15 | €451,829 | €416,631 | -€35,198 | -7.8% |
| Contributions | 10/11 | €166,808 | €166,808 | = | 0.0% |
| Capital | 10 | €166,808 | €166,808 | = | 0.0% |
| Issued capital | 100 | €166,808 | €166,808 | = | 0.0% |
| Reserves | 13 | €283,906 | €283,906 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,681 | €16,681 | = | 0.0% |
| Legal reserve | 130 | €16,681 | €16,681 | = | 0.0% |
| Distributable reserves | 133 | €267,225 | €267,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,115 | -€34,082 | -€35,198 | |
| Amounts payable | 17/49 | €350,528 | €415,286 | +€64,758 | +18.5% |
| Amounts payable after more than one year | 17 | €32,963 | €32,963 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €32,963 | €32,963 | = | 0.0% |
| Amounts payable within one year | 42/48 | €317,565 | €382,324 | +€64,758 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €5,688 | €5,015 | -€673 | -11.8% |
| Credit institutions | 430/8 | €5,688 | €5,015 | -€673 | -11.8% |
| Trade debts | 44 | €176,665 | €219,921 | +€43,256 | +24.5% |
| Suppliers | 440/4 | €176,665 | €219,921 | +€43,256 | +24.5% |
| Taxes, remuneration and social security | 45 | €114,212 | €157,387 | +€43,175 | +37.8% |
| Taxes | 450/3 | €70,111 | €104,535 | +€34,424 | +49.1% |
| Remuneration and social security | 454/9 | €44,101 | €52,852 | +€8,751 | +19.8% |
| Other amounts payable | 47/48 | €21,000 | €0 | -€21,000 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €60,054 | €65,596 | +€5,542 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | €659 | +€0 | 0.0% |
| Other operating charges | 640/8 | €188 | €0 | -€188 | -100.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €54,662 | €73,294 | +€18,633 | +34.1% |
| Operating profit (loss) | 9901 | -€6,239 | €7,040 | +€13,278 | |
| Financial income | 75/76B | €15,279 | €18,242 | +€2,963 | +19.4% |
| Recurring financial income | 75 | €15,279 | €18,242 | +€2,963 | +19.4% |
| Financial charges | 65/66B | €1,340 | €479 | -€861 | -64.3% |
| Recurring financial charges | 65 | €1,340 | €479 | -€861 | -64.3% |
| Profit (loss) for the period before taxes | 9903 | €7,699 | €24,802 | +€17,103 | +222.1% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €7,699 | €24,802 | +€17,103 | +222.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,699 | €24,802 | +€17,103 | +222.1% |
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 6 October 2026 via checked.be.