QUASI: 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.
QUASI
Largest movements
- Cash +€11,264
up €11,264 (+227.1%), from €4,960 to €16,223
mainly Net result for the year (+€7,088) and Trade debts (+€5,499)
- Deferred charges and accrued income +€5,122
up €5,122 (+679.1%), from €754 to €5,876
- Receivables within one year -€1,563
down €1,563 (-22.8%), from €6,867 to €5,303
of which Trade receivables: -€4,235
- Profit (loss) carried forward +€7,088
up €7,088 (+37.7%), from -€18,785 to -€11,697
- Trade debts +€5,499
up €5,499 (+731.6%), from €752 to €6,250
- Other debts +€1,628
up €1,628 (+771.4%), from €211 to €1,840
- Accrued charges and deferred income +€802
new in 2025: €802
- Write-downs +€4,869
no longer reported in 2025 (was -€4,869)
- Taxes -€1,600
down €1,600 (-37.2%), from €4,304 to €2,704
- Gross operating margin -€573
down €573 (-5.1%), from €11,316 to €10,743
- Depreciation +€266
up €266 (+42.2%), from €630 to €896
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 | €13,564 | €28,566 | +€15,003 | +110.6% |
| Fixed assets | 21/28 | €984 | €1,164 | +€180 | +18.3% |
| Tangible fixed assets | 22/27 | €984 | €1,164 | +€180 | +18.3% |
| Furniture and vehicles | 24 | €984 | €1,164 | +€180 | +18.3% |
| Current assets | 29/58 | €12,580 | €27,403 | +€14,822 | +117.8% |
| Amounts receivable within one year | 40/41 | €6,867 | €5,303 | -€1,563 | -22.8% |
| Trade receivables | 40 | €4,235 | - | -€4,235 | |
| Other amounts receivable | 41 | €2,632 | €5,303 | +€2,672 | +101.5% |
| Cash at bank and in hand | 54/58 | €4,960 | €16,223 | +€11,264 | +227.1% |
| Deferred charges and accrued income | 490/1 | €754 | €5,876 | +€5,122 | +679.1% |
| Total equity and liabilities | 10/49 | €13,564 | €28,566 | +€15,003 | +110.6% |
| Equity | 10/15 | €9,693 | €16,781 | +€7,088 | +73.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,886 | €9,886 | = | 0.0% |
| Distributable reserves | 133 | €9,886 | €9,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,785 | -€11,697 | +€7,088 | +37.7% |
| Amounts payable | 17/49 | €3,871 | €11,785 | +€7,915 | +204.5% |
| Amounts payable after more than one year | 17 | €1,464 | €1,464 | = | 0.0% |
| Financial debts | 170/4 | €1,464 | €1,464 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,407 | €9,519 | +€7,113 | +295.6% |
| Trade debts | 44 | €752 | €6,250 | +€5,499 | +731.6% |
| Suppliers | 440/4 | €752 | €6,250 | +€5,499 | +731.6% |
| Taxes, remuneration and social security | 45 | €1,444 | €1,429 | -€14 | -1.0% |
| Taxes | 450/3 | €1,444 | €1,429 | -€14 | -1.0% |
| Other amounts payable | 47/48 | €211 | €1,840 | +€1,628 | +771.4% |
| Accrued charges and deferred income | 492/3 | - | €802 | +€802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €630 | €896 | +€266 | +42.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,869 | - | +€4,869 | |
| Gross operating margin | 9900 | €11,316 | €10,743 | -€573 | -5.1% |
| Operating profit (loss) | 9901 | €15,556 | €9,847 | -€5,708 | -36.7% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100.0% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100.0% |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €15,551 | €9,792 | -€5,759 | -37.0% |
| Income taxes | 67/77 | €4,304 | €2,704 | -€1,600 | -37.2% |
| Profit (loss) for the period | 9904 | €11,247 | €7,088 | -€4,159 | -37.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,247 | €7,088 | -€4,159 | -37.0% |
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 11 October 2026 via checked.be.