QUARTZ 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.
QUARTZ CONSULTING
Largest movements
- Cash +€449,325
up €449,325 (+150%), from €300,162 to €749,487
mainly Current investments (+€400,000) and Other debts (+€75,590)
- Current investments -€400,000
no longer reported in 2025 (was €400,000)
- Other debts +€75,590
up €75,590 (+9.9%), from €759,874 to €835,464
- Provisions -€35,602
no longer reported in 2025 (was €35,602)
- Accrued charges and deferred income +€31,167
up €31,167 (+124%), from €25,152 to €56,319
- Reserves -€25,600
down €25,600 (-7.0%), from €365,470 to €339,870
of which Distributable reserves: -€25,600
- Tax, wage and social debts +€13,539
up €13,539 (+93.9%), from €14,425 to €27,965
- Provisions -€35,602
new in 2025: -€35,602
- Depreciation +€13,883
up €13,883 (+25.6%), from €54,174 to €68,057
- Financial charges +€5,559
up €5,559 (+21.4%), from €26,034 to €31,594
- Taxes +€3,641
up €3,641 (+27.7%), from €13,141 to €16,782
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 | €1,250,169 | €1,297,555 | +€47,386 | +3.8% |
| Fixed assets | 21/28 | €459,103 | €469,314 | +€10,211 | +2.2% |
| Tangible fixed assets | 22/27 | €459,103 | €469,314 | +€10,211 | +2.2% |
| Land and buildings | 22 | €451,904 | €400,249 | -€51,656 | -11.4% |
| Furniture and vehicles | 24 | €7,199 | €69,066 | +€61,867 | +859% |
| Current assets | 29/58 | €791,066 | €828,240 | +€37,174 | +4.7% |
| Amounts receivable within one year | 40/41 | €88,997 | €76,867 | -€12,130 | -13.6% |
| Trade receivables | 40 | €71,296 | €67,521 | -€3,776 | -5.3% |
| Other amounts receivable | 41 | €17,700 | €9,346 | -€8,354 | -47.2% |
| Current investments | 50/53 | €400,000 | - | -€400,000 | |
| Cash at bank and in hand | 54/58 | €300,162 | €749,487 | +€449,325 | +150% |
| Deferred charges and accrued income | 490/1 | €1,907 | €1,886 | -€21 | -1.1% |
| Total equity and liabilities | 10/49 | €1,250,169 | €1,297,555 | +€47,386 | +3.8% |
| Equity | 10/15 | €373,531 | €348,026 | -€25,505 | -6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €365,470 | €339,870 | -€25,600 | -7.0% |
| Non-distributable reserves | 130/1 | €40,559 | €40,559 | = | 0.0% |
| Reserves not available under the articles | 1311 | €40,559 | €40,559 | = | 0.0% |
| Distributable reserves | 133 | €324,911 | €299,311 | -€25,600 | -7.9% |
| Profit (loss) carried forward | 14 | €1,861 | €1,956 | +€95 | +5.1% |
| Provisions and deferred taxes | 16 | €35,602 | - | -€35,602 | |
| Provisions for liabilities and charges | 160/5 | €35,602 | - | -€35,602 | |
| Pensions and similar obligations | 160 | €35,602 | - | -€35,602 | |
| Amounts payable | 17/49 | €841,035 | €949,529 | +€108,493 | +12.9% |
| Amounts payable after more than one year | 17 | €25,483 | €25,483 | = | 0.0% |
| Financial debts | 170/4 | €25,483 | €25,483 | = | 0.0% |
| Amounts payable within one year | 42/48 | €790,400 | €867,727 | +€77,326 | +9.8% |
| Trade debts | 44 | €16,101 | €4,298 | -€11,803 | -73.3% |
| Suppliers | 440/4 | €16,101 | €4,298 | -€11,803 | -73.3% |
| Taxes, remuneration and social security | 45 | €14,425 | €27,965 | +€13,539 | +93.9% |
| Taxes | 450/3 | €14,425 | €27,965 | +€13,539 | +93.9% |
| Other amounts payable | 47/48 | €759,874 | €835,464 | +€75,590 | +9.9% |
| Accrued charges and deferred income | 492/3 | €25,152 | €56,319 | +€31,167 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,174 | €68,057 | +€13,883 | +25.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€35,602 | -€35,602 | |
| Other operating charges | 640/8 | €2,550 | €2,408 | -€142 | -5.6% |
| Gross operating margin | 9900 | €122,166 | €121,893 | -€273 | -0.2% |
| Operating profit (loss) | 9901 | €65,441 | €87,030 | +€21,589 | +33.0% |
| Financial income | 75/76B | €2,645 | €3,840 | +€1,195 | +45.2% |
| Recurring financial income | 75 | €2,645 | €3,840 | +€1,195 | +45.2% |
| Financial charges | 65/66B | €26,034 | €31,594 | +€5,559 | +21.4% |
| Recurring financial charges | 65 | €26,034 | €31,594 | +€5,559 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €42,052 | €59,277 | +€17,225 | +41.0% |
| Income taxes | 67/77 | €13,141 | €16,782 | +€3,641 | +27.7% |
| Profit (loss) for the period | 9904 | €28,911 | €42,495 | +€13,584 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,911 | €42,495 | +€13,584 | +47.0% |
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 24 October 2026 via checked.be.