QUASIMODO: 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.
QUASIMODO
Largest movements
- Receivables within one year +€10,007
up €10,007 (+127%), from €7,885 to €17,891
of which Trade receivables: +€9,627
- Tangible fixed assets -€8,490
down €8,490 (-22.3%), from €38,149 to €29,659
of which Furniture and vehicles: -€9,770
- Cash +€8,020
up €8,020 (+14.6%), from €55,052 to €63,071
mainly Net result for the year (+€15,142) and Depreciation (+€10,785)
- Deferred charges and accrued income -€2,181
down €2,181 (-32.5%), from €6,712 to €4,531
- Reserves +€14,142
up €14,142 (+22.8%), from €62,099 to €76,241
of which Distributable reserves: +€14,142
- Debts after one year -€8,308
down €8,308 (-36.1%), from €23,022 to €14,714
- Other debts -€4,194
no longer reported in 2025 (was €4,194)
- Current portion of long-term debt +€3,342
up €3,342 (+42.1%), from €7,939 to €11,281
- Trade debts +€2,716
up €2,716 (+849%), from €320 to €3,036
- Gross operating margin +€11,067
up €11,067 (+36.9%), from €29,960 to €41,027
- Financial charges +€2,970
up €2,970 (+90.4%), from €3,285 to €6,255
- Other operating charges -€2,622
down €2,622 (-62.7%), from €4,180 to €1,558
- Taxes +€2,069
up €2,069 (+31.9%), from €6,494 to €8,563
- Financial income +€1,275
up €1,275 (+216,168%), from €1 to €1,276
of which Non-recurring financial income: +€1,240
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 | €107,797 | €115,153 | +€7,355 | +6.8% |
| Fixed assets | 21/28 | €38,149 | €29,659 | -€8,490 | -22.3% |
| Tangible fixed assets | 22/27 | €38,149 | €29,659 | -€8,490 | -22.3% |
| Plant, machinery and equipment | 23 | €4,189 | €5,468 | +€1,280 | +30.6% |
| Furniture and vehicles | 24 | €33,961 | €24,191 | -€9,770 | -28.8% |
| Current assets | 29/58 | €69,648 | €85,494 | +€15,846 | +22.8% |
| Amounts receivable within one year | 40/41 | €7,885 | €17,891 | +€10,007 | +127% |
| Trade receivables | 40 | €5,701 | €15,328 | +€9,627 | +169% |
| Other amounts receivable | 41 | €2,183 | €2,563 | +€380 | +17.4% |
| Cash at bank and in hand | 54/58 | €55,052 | €63,071 | +€8,020 | +14.6% |
| Deferred charges and accrued income | 490/1 | €6,712 | €4,531 | -€2,181 | -32.5% |
| Total equity and liabilities | 10/49 | €107,797 | €115,153 | +€7,355 | +6.8% |
| Equity | 10/15 | €70,156 | €84,297 | +€14,142 | +20.2% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €62,099 | €76,241 | +€14,142 | +22.8% |
| Tax-exempt reserves | 132 | €44,620 | €44,620 | = | 0.0% |
| Distributable reserves | 133 | €17,479 | €31,620 | +€14,142 | +80.9% |
| Amounts payable | 17/49 | €37,642 | €30,856 | -€6,786 | -18.0% |
| Amounts payable after more than one year | 17 | €23,022 | €14,714 | -€8,308 | -36.1% |
| Financial debts | 170/4 | €23,022 | €14,714 | -€8,308 | -36.1% |
| Amounts payable within one year | 42/48 | €14,429 | €16,142 | +€1,713 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €7,939 | €11,281 | +€3,342 | +42.1% |
| Trade debts | 44 | €320 | €3,036 | +€2,716 | +849% |
| Suppliers | 440/4 | €320 | €3,036 | +€2,716 | +849% |
| Taxes, remuneration and social security | 45 | €1,976 | €1,825 | -€151 | -7.6% |
| Taxes | 450/3 | €1,976 | €1,825 | -€151 | -7.6% |
| Other amounts payable | 47/48 | €4,194 | - | -€4,194 | |
| Accrued charges and deferred income | 492/3 | €191 | - | -€191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,453 | €10,785 | +€332 | +3.2% |
| Other operating charges | 640/8 | €4,180 | €1,558 | -€2,622 | -62.7% |
| Gross operating margin | 9900 | €29,960 | €41,027 | +€11,067 | +36.9% |
| Operating profit (loss) | 9901 | €15,326 | €28,684 | +€13,357 | +87.2% |
| Financial income | 75/76B | €1 | €1,276 | +€1,275 | +216,168% |
| Recurring financial income | 75 | €1 | €36 | +€36 | +6,054% |
| Non-recurring financial income | 76B | - | €1,240 | +€1,240 | |
| Financial charges | 65/66B | €3,285 | €6,255 | +€2,970 | +90.4% |
| Recurring financial charges | 65 | €3,285 | €6,255 | +€2,970 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €12,042 | €23,704 | +€11,662 | +96.8% |
| Income taxes | 67/77 | €6,494 | €8,563 | +€2,069 | +31.9% |
| Profit (loss) for the period | 9904 | €5,548 | €15,142 | +€9,594 | +173% |
| Profit (loss) for the period to be appropriated | 9905 | €5,548 | €15,142 | +€9,594 | +173% |
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 14 October 2026 via checked.be.