QUATRO: 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.
What changed
QUATRO
NACE 13.929, Manufacture of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,074
2024 · €8,158-€2,084
Equity
€2.1m
2024 · €2.0m+€6,074
Cash
€1,368
2024 · €11,798-€10,430
Balance sheet total
€2.2m
2024 · €2.2m-€4,963
Largest movements
Assets
- Tangible fixed assets -€37,134
down €37,134 (-14.6%), from €254,372 to €217,238
of which Furniture and vehicles: -€19,329
- Receivables within one year +€35,568
up €35,568 (+7.6%), from €470,902 to €506,470
of which Trade receivables: +€36,930
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Services and other goods +€26,548
up €26,548 (+11.5%), from €230,593 to €257,142
- Other operating income +€11,249
up €11,249 (+40.4%), from €27,835 to €39,084
- Turnover +€8,412
up €8,412 (+3.2%), from €266,052 to €274,464
- Depreciation -€7,696
down €7,696 (-17.2%), from €44,830 to €37,134
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.
Result 2024
€8,158
Turnover
+€8,412
Other operating income
+€11,249
Services and other goods
-€26,548
Depreciation
+€7,696
Other operating charges
-€1,781
Financial income
+€60
Financial charges
+€101
Taxes
-€1,272
Result 2025
€6,074
raises the resultlowers the result
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.
From operations
-€2,415
Investment
€0
Financing
-€8,015
Cash 2024
€11,798
From operations (derived)
-€2,415
Net result for the year
+€6,074
Depreciation
+€37,134
Receivables within one year
-€35,568
Deferred charges and accrued income
-€7,033
Trade debts
+€7,474
Tax, wage and social debts
+€4,316
Other debts
-€13,906
Accrued charges and deferred income
-€906
Financing
-€8,015
Current portion of long-term debt
-€8,015
Cash 2025
€1,368
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,249,862 | €2,244,899 | -€4,963 | -0.2% |
| Fixed assets | 21/28 | €1,675,464 | €1,638,330 | -€37,134 | -2.2% |
| Tangible fixed assets | 22/27 | €254,372 | €217,238 | -€37,134 | -14.6% |
| Land and buildings | 22 | €210,606 | €193,210 | -€17,397 | -8.3% |
| Plant, machinery and equipment | 23 | €483 | €75 | -€408 | -84.5% |
| Furniture and vehicles | 24 | €43,283 | €23,954 | -€19,329 | -44.7% |
| Financial fixed assets | 28 | €1,421,092 | €1,421,092 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,421,092 | €1,421,092 | = | 0.0% |
| Shares | 284 | €1,415,542 | €1,415,542 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €5,550 | €5,550 | = | 0.0% |
| Current assets | 29/58 | €574,398 | €606,569 | +€32,171 | +5.6% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €470,902 | €506,470 | +€35,568 | +7.6% |
| Trade receivables | 40 | €321,323 | €358,253 | +€36,930 | +11.5% |
| Other amounts receivable | 41 | €149,579 | €148,217 | -€1,362 | -0.9% |
| Cash at bank and in hand | 54/58 | €11,798 | €1,368 | -€10,430 | -88.4% |
| Deferred charges and accrued income | 490/1 | €91,698 | €98,731 | +€7,033 | +7.7% |
| Total equity and liabilities | 10/49 | €2,249,862 | €2,244,899 | -€4,963 | -0.2% |
| Equity | 10/15 | €2,049,277 | €2,055,351 | +€6,074 | +0.3% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €2,037,170 | €2,043,241 | +€6,071 | +0.3% |
| Non-distributable reserves | 130/1 | €24,459 | €24,459 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,459 | €24,459 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,210 | €1,482 | -€729 | -33.0% |
| Distributable reserves | 133 | €2,010,500 | €2,017,300 | +€6,800 | +0.3% |
| Profit (loss) carried forward | 14 | €7 | €10 | +€3 | +41.4% |
| Amounts payable | 17/49 | €200,586 | €189,549 | -€11,037 | -5.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €196,789 | €186,659 | -€10,131 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €119,502 | €111,488 | -€8,015 | -6.7% |
| Trade debts | 44 | €11,152 | €18,626 | +€7,474 | +67.0% |
| Suppliers | 440/4 | €11,152 | €18,626 | +€7,474 | +67.0% |
| Taxes, remuneration and social security | 45 | €25,123 | €29,440 | +€4,316 | +17.2% |
| Taxes | 450/3 | €14,268 | €14,036 | -€232 | -1.6% |
| Remuneration and social security | 454/9 | €10,856 | €15,404 | +€4,548 | +41.9% |
| Other amounts payable | 47/48 | €41,011 | €27,105 | -€13,906 | -33.9% |
| Accrued charges and deferred income | 492/3 | €3,796 | €2,890 | -€906 | -23.9% |
| Operating income | 70/76A | €293,887 | €313,548 | +€19,661 | +6.7% |
| Turnover | 70 | €266,052 | €274,464 | +€8,412 | +3.2% |
| Other operating income | 74 | €27,835 | €39,084 | +€11,249 | +40.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €282,178 | €302,812 | +€20,634 | +7.3% |
| Services and other goods | 61 | €230,593 | €257,142 | +€26,548 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,830 | €37,134 | -€7,696 | -17.2% |
| Other operating charges | 640/8 | €6,755 | €8,536 | +€1,781 | +26.4% |
| Operating profit (loss) | 9901 | €11,709 | €10,736 | -€973 | -8.3% |
| Financial income | 75/76B | €2,838 | €2,898 | +€60 | +2.1% |
| Recurring financial income | 75 | €2,838 | €2,898 | +€60 | +2.1% |
| Income from current assets | 751 | €2,838 | €2,894 | +€57 | +2.0% |
| Other financial income | 752/9 | €0 | €3 | +€3 | +983% |
| Financial charges | 65/66B | €3,360 | €3,259 | -€101 | -3.0% |
| Recurring financial charges | 65 | €3,360 | €3,259 | -€101 | -3.0% |
| Debt charges | 650 | €3,360 | €3,071 | -€289 | -8.6% |
| Other financial charges | 652/9 | €0 | €187 | +€187 | |
| Profit (loss) for the period before taxes | 9903 | €11,187 | €10,374 | -€812 | -7.3% |
| Income taxes | 67/77 | €3,028 | €4,300 | +€1,272 | +42.0% |
| Taxes | 670/3 | €3,028 | €4,300 | +€1,272 | +42.0% |
| Profit (loss) for the period | 9904 | €8,158 | €6,074 | -€2,084 | -25.5% |
| Transfer from tax-exempt reserves | 789 | €1,738 | €729 | -€1,010 | -58.1% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €9,897 | €6,803 | -€3,094 | -31.3% |
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 24 October 2026 via checked.be.