QUASAR COMMUNICATIONS: 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.
QUASAR COMMUNICATIONS
Largest movements
- Receivables within one year -€14,028
down €14,028 (-70.7%), from €19,853 to €5,825
of which Trade receivables: -€14,557
- Cash +€10,614
up €10,614 (+7.8%), from €135,612 to €146,226
mainly Net result for the year (+€19,192) and Receivables within one year (+€14,028)
- Tax, wage and social debts -€10,278
down €10,278 (-52.6%), from €19,534 to €9,256
- Other debts +€5,682
up €5,682 (+40.2%), from €14,118 to €19,800
- Gross operating margin +€9,126
up €9,126 (+37.2%), from €24,501 to €33,627
- Taxes +€3,299
up €3,299 (+56.7%), from €5,819 to €9,119
- Financial charges +€1,063
up €1,063 (+55.3%), from €1,923 to €2,986
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 | €159,728 | €154,811 | -€4,917 | -3.1% |
| Fixed assets | 21/28 | €2,656 | €1,159 | -€1,497 | -56.3% |
| Tangible fixed assets | 22/27 | €2,656 | €1,159 | -€1,497 | -56.3% |
| Furniture and vehicles | 24 | €2,125 | €760 | -€1,366 | -64.3% |
| Other tangible fixed assets | 26 | €530 | €400 | -€131 | -24.7% |
| Current assets | 29/58 | €157,072 | €153,651 | -€3,421 | -2.2% |
| Amounts receivable within one year | 40/41 | €19,853 | €5,825 | -€14,028 | -70.7% |
| Trade receivables | 40 | €14,557 | €0 | -€14,557 | -100% |
| Other amounts receivable | 41 | €5,296 | €5,825 | +€529 | +10.0% |
| Cash at bank and in hand | 54/58 | €135,612 | €146,226 | +€10,614 | +7.8% |
| Deferred charges and accrued income | 490/1 | €1,607 | €1,600 | -€7 | -0.4% |
| Total equity and liabilities | 10/49 | €159,728 | €154,811 | -€4,917 | -3.1% |
| Equity | 10/15 | €124,268 | €123,660 | -€608 | -0.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €93,800 | €93,192 | -€608 | -0.6% |
| Distributable reserves | 133 | €93,800 | €93,192 | -€608 | -0.6% |
| Profit (loss) carried forward | 14 | €29,968 | €29,968 | = | 0.0% |
| Amounts payable | 17/49 | €35,460 | €31,151 | -€4,309 | -12.2% |
| Amounts payable within one year | 42/48 | €35,460 | €30,990 | -€4,469 | -12.6% |
| Trade debts | 44 | €1,808 | €1,934 | +€126 | +7.0% |
| Suppliers | 440/4 | €1,808 | €1,934 | +€126 | +7.0% |
| Taxes, remuneration and social security | 45 | €19,534 | €9,256 | -€10,278 | -52.6% |
| Taxes | 450/3 | €19,534 | €9,256 | -€10,278 | -52.6% |
| Other amounts payable | 47/48 | €14,118 | €19,800 | +€5,682 | +40.2% |
| Accrued charges and deferred income | 492/3 | €0 | €160 | +€160 | |
| Remuneration, social security and pensions | 62 | €414 | €437 | +€24 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,590 | €1,497 | -€93 | -5.9% |
| Other operating charges | 640/8 | €459 | €471 | +€12 | +2.7% |
| Gross operating margin | 9900 | €24,501 | €33,627 | +€9,126 | +37.2% |
| Operating profit (loss) | 9901 | €22,039 | €31,222 | +€9,183 | +41.7% |
| Financial income | 75/76B | €34 | €75 | +€41 | +121% |
| Recurring financial income | 75 | €34 | €75 | +€41 | +121% |
| Financial charges | 65/66B | €1,923 | €2,986 | +€1,063 | +55.3% |
| Recurring financial charges | 65 | €1,923 | €2,986 | +€1,063 | +55.3% |
| Profit (loss) for the period before taxes | 9903 | €20,149 | €28,310 | +€8,161 | +40.5% |
| Income taxes | 67/77 | €5,819 | €9,119 | +€3,299 | +56.7% |
| Profit (loss) for the period | 9904 | €14,330 | €19,192 | +€4,862 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,330 | €19,192 | +€4,862 | +33.9% |
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 15 October 2026 via checked.be.