QUASAS: 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.
QUASAS
Largest movements
- Receivables within one year +€21,366
up €21,366 (+27.5%), from €77,640 to €99,006
of which Other amounts receivable: +€36,031
- Cash -€5,841
down €5,841 (-10.5%), from €55,886 to €50,045
mainly Other debts (-€28,934) and Receivables within one year (-€21,366)
- Tax, wage and social debts +€44,794
up €44,794 (+45.3%), from €98,921 to €143,715
of which Remuneration and social security: +€35,151
- Other debts -€28,934
down €28,934 (-90.4%), from €31,990 to €3,056
- Debts after one year -€8,000
down €8,000 (-28.6%), from €28,000 to €20,000
- Accrued charges and deferred income +€6,300
up €6,300, from €0 to €6,300
- Trade debts +€2,745
up €2,745 (+1,677%), from €164 to €2,909
- Staff costs +€197,789
up €197,789 (+61.8%), from €319,954 to €517,742
- Gross operating margin +€187,828
up €187,828 (+56.2%), from €334,180 to €522,008
- Other operating charges -€10,237
down €10,237 (-95.6%), from €10,712 to €475
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 | €207,639 | €221,811 | +€14,172 | +6.8% |
| Fixed assets | 21/28 | €72,854 | €72,182 | -€672 | -0.9% |
| Tangible fixed assets | 22/27 | €72,854 | €72,182 | -€672 | -0.9% |
| Land and buildings | 22 | €72,854 | €69,104 | -€3,750 | -5.1% |
| Furniture and vehicles | 24 | - | €3,078 | +€3,078 | |
| Current assets | 29/58 | €134,785 | €149,629 | +€14,844 | +11.0% |
| Amounts receivable within one year | 40/41 | €77,640 | €99,006 | +€21,366 | +27.5% |
| Trade receivables | 40 | €39,422 | €24,757 | -€14,665 | -37.2% |
| Other amounts receivable | 41 | €38,218 | €74,249 | +€36,031 | +94.3% |
| Cash at bank and in hand | 54/58 | €55,886 | €50,045 | -€5,841 | -10.5% |
| Deferred charges and accrued income | 490/1 | €1,260 | €579 | -€681 | -54.1% |
| Total equity and liabilities | 10/49 | €207,639 | €221,811 | +€14,172 | +6.8% |
| Equity | 10/15 | €40,565 | €37,832 | -€2,733 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €585 | €585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €585 | €585 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,380 | €18,647 | -€2,733 | -12.8% |
| Amounts payable | 17/49 | €167,074 | €183,979 | +€16,905 | +10.1% |
| Amounts payable after more than one year | 17 | €28,000 | €20,000 | -€8,000 | -28.6% |
| Financial debts | 170/4 | €28,000 | €20,000 | -€8,000 | -28.6% |
| Amounts payable within one year | 42/48 | €139,074 | €157,679 | +€18,605 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €8,000 | = | 0.0% |
| Trade debts | 44 | €164 | €2,909 | +€2,745 | +1,677% |
| Suppliers | 440/4 | €164 | €2,909 | +€2,745 | +1,677% |
| Taxes, remuneration and social security | 45 | €98,921 | €143,715 | +€44,794 | +45.3% |
| Taxes | 450/3 | €41,925 | €51,568 | +€9,643 | +23.0% |
| Remuneration and social security | 454/9 | €56,996 | €92,146 | +€35,151 | +61.7% |
| Other amounts payable | 47/48 | €31,990 | €3,056 | -€28,934 | -90.4% |
| Accrued charges and deferred income | 492/3 | €0 | €6,300 | +€6,300 | |
| Remuneration, social security and pensions | 62 | €319,954 | €517,742 | +€197,789 | +61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,146 | €4,372 | +€2,225 | +104% |
| Other operating charges | 640/8 | €10,712 | €475 | -€10,237 | -95.6% |
| Gross operating margin | 9900 | €334,180 | €522,008 | +€187,828 | +56.2% |
| Operating profit (loss) | 9901 | €1,368 | -€581 | -€1,949 | |
| Financial income | 75/76B | €33 | €13 | -€20 | -60.9% |
| Recurring financial income | 75 | €33 | €13 | -€20 | -60.9% |
| Financial charges | 65/66B | €874 | €1,680 | +€806 | +92.3% |
| Recurring financial charges | 65 | €874 | €1,680 | +€806 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | €528 | -€2,248 | -€2,776 | |
| Income taxes | 67/77 | €1,512 | €484 | -€1,028 | -68.0% |
| Profit (loss) for the period | 9904 | -€985 | -€2,733 | -€1,748 | -178% |
| Profit (loss) for the period to be appropriated | 9905 | -€985 | -€2,733 | -€1,748 | -178% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.