QUASYDOC: 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.
QUASYDOC
Largest movements
- Cash +€105,298
up €105,298 (+93.5%), from €112,583 to €217,881
mainly Net result for the year (+€146,470) and Depreciation (+€58,151)
- Intangible fixed assets -€58,151
down €58,151 (-42.1%), from €138,026 to €79,874
- Receivables within one year +€13,098
up €13,098 (+7.8%), from €167,674 to €180,772
of which Other amounts receivable: +€12,907
- Other debts +€30,000
up €30,000 (+33.3%), from €90,000 to €120,000
- Reserves +€26,470
up €26,470 (+73.1%), from €36,230 to €62,699
of which Distributable reserves: +€26,470
- Provisions +€23,148
new in 2025: €23,148
- Trade debts -€20,135
down €20,135 (-33.2%), from €60,689 to €40,554
- Gross operating margin +€144,536
up €144,536 (+19.4%), from €744,884 to €889,419
- Staff costs +€108,703
up €108,703 (+19.4%), from €560,388 to €669,092
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 | €418,282 | €478,528 | +€60,245 | +14.4% |
| Fixed assets | 21/28 | €138,026 | €79,874 | -€58,151 | -42.1% |
| Intangible fixed assets | 21 | €138,026 | €79,874 | -€58,151 | -42.1% |
| Current assets | 29/58 | €280,257 | €398,653 | +€118,396 | +42.2% |
| Amounts receivable within one year | 40/41 | €167,674 | €180,772 | +€13,098 | +7.8% |
| Trade receivables | 40 | €156,491 | €156,682 | +€191 | +0.1% |
| Other amounts receivable | 41 | €11,183 | €24,089 | +€12,907 | +115% |
| Cash at bank and in hand | 54/58 | €112,583 | €217,881 | +€105,298 | +93.5% |
| Total equity and liabilities | 10/49 | €418,282 | €478,528 | +€60,245 | +14.4% |
| Equity | 10/15 | €184,230 | €210,699 | +€26,470 | +14.4% |
| Contributions | 10/11 | €148,000 | €148,000 | = | 0.0% |
| Reserves | 13 | €36,230 | €62,699 | +€26,470 | +73.1% |
| Non-distributable reserves | 130/1 | €2,229 | €2,229 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,229 | €2,229 | = | 0.0% |
| Distributable reserves | 133 | €34,001 | €60,471 | +€26,470 | +77.8% |
| Provisions and deferred taxes | 16 | - | €23,148 | +€23,148 | |
| Provisions for liabilities and charges | 160/5 | - | €23,148 | +€23,148 | |
| Other liabilities and charges | 164/5 | - | €23,148 | +€23,148 | |
| Amounts payable | 17/49 | €234,052 | €244,680 | +€10,627 | +4.5% |
| Amounts payable within one year | 42/48 | €234,052 | €244,680 | +€10,627 | +4.5% |
| Trade debts | 44 | €60,689 | €40,554 | -€20,135 | -33.2% |
| Suppliers | 440/4 | €60,689 | €40,554 | -€20,135 | -33.2% |
| Taxes, remuneration and social security | 45 | €83,363 | €84,126 | +€763 | +0.9% |
| Taxes | 450/3 | €21,052 | €8,601 | -€12,451 | -59.1% |
| Remuneration and social security | 454/9 | €62,312 | €75,525 | +€13,214 | +21.2% |
| Other amounts payable | 47/48 | €90,000 | €120,000 | +€30,000 | +33.3% |
| Remuneration, social security and pensions | 62 | €560,388 | €669,092 | +€108,703 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,195 | €58,151 | -€44 | -0.1% |
| Other operating charges | 640/8 | €3,275 | €3,402 | +€127 | +3.9% |
| Gross operating margin | 9900 | €744,884 | €889,419 | +€144,536 | +19.4% |
| Operating profit (loss) | 9901 | €123,025 | €158,774 | +€35,749 | +29.1% |
| Financial income | 75/76B | €7,542 | €7,002 | -€541 | -7.2% |
| Recurring financial income | 75 | €7,542 | €7,002 | -€541 | -7.2% |
| Financial charges | 65/66B | €7,300 | €3,932 | -€3,368 | -46.1% |
| Recurring financial charges | 65 | €7,300 | €3,932 | -€3,368 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | €123,267 | €161,844 | +€38,577 | +31.3% |
| Income taxes | 67/77 | €10,350 | €15,375 | +€5,025 | +48.6% |
| Profit (loss) for the period | 9904 | €112,918 | €146,470 | +€33,552 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €112,918 | €146,470 | +€33,552 | +29.7% |
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.