QUATTROCLIX: 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.
QUATTROCLIX
Largest movements
- Cash +€49,187
up €49,187 (+38.5%), from €127,638 to €176,825
mainly Net result for the year (+€60,903) and Receivables after one year (+€20,000)
- Receivables after one year -€20,000
down €20,000 (-100%), from €20,000 to €0
- Deferred charges and accrued income +€2,347
up €2,347 (+63.9%), from €3,674 to €6,021
- Reserves +€45,903
up €45,903 (+33.0%), from €138,906 to €184,808
- Other debts -€15,202
down €15,202 (-73.8%), from €20,595 to €5,393
- Gross operating margin +€7,241
up €7,241 (+8.6%), from €84,234 to €91,475
- Taxes +€1,698
up €1,698 (+7.6%), from €22,264 to €23,961
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 | €183,848 | €214,829 | +€30,982 | +16.9% |
| Fixed assets | 21/28 | €10,424 | €9,247 | -€1,176 | -11.3% |
| Tangible fixed assets | 22/27 | €10,424 | €9,247 | -€1,176 | -11.3% |
| Land and buildings | 22 | €232 | €8 | -€224 | -96.6% |
| Plant, machinery and equipment | 23 | €1,918 | €803 | -€1,114 | -58.1% |
| Furniture and vehicles | 24 | €8,274 | €8,436 | +€162 | +2.0% |
| Current assets | 29/58 | €173,424 | €205,582 | +€32,158 | +18.5% |
| Amounts receivable after more than one year | 29 | €20,000 | €0 | -€20,000 | -100% |
| Trade receivables | 290 | €20,000 | €0 | -€20,000 | -100% |
| Amounts receivable within one year | 40/41 | €22,113 | €22,736 | +€623 | +2.8% |
| Trade receivables | 40 | €19,326 | €22,736 | +€3,410 | +17.6% |
| Other amounts receivable | 41 | €2,787 | €0 | -€2,787 | -100% |
| Cash at bank and in hand | 54/58 | €127,638 | €176,825 | +€49,187 | +38.5% |
| Deferred charges and accrued income | 490/1 | €3,674 | €6,021 | +€2,347 | +63.9% |
| Total equity and liabilities | 10/49 | €183,848 | €214,829 | +€30,982 | +16.9% |
| Equity | 10/15 | €151,406 | €197,308 | +€45,903 | +30.3% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €138,906 | €184,808 | +€45,903 | +33.0% |
| Distributable reserves | 133 | €138,906 | €184,808 | +€45,903 | +33.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,442 | €17,521 | -€14,921 | -46.0% |
| Amounts payable within one year | 42/48 | €32,442 | €17,419 | -€15,023 | -46.3% |
| Financial debts | 43 | €108 | €0 | -€108 | -100% |
| Credit institutions | 430/8 | €108 | €0 | -€108 | -100% |
| Trade debts | 44 | €3,435 | €2,300 | -€1,134 | -33.0% |
| Suppliers | 440/4 | €3,435 | €2,300 | -€1,134 | -33.0% |
| Taxes, remuneration and social security | 45 | €8,304 | €9,726 | +€1,422 | +17.1% |
| Taxes | 450/3 | €8,304 | €9,726 | +€1,422 | +17.1% |
| Other amounts payable | 47/48 | €20,595 | €5,393 | -€15,202 | -73.8% |
| Accrued charges and deferred income | 492/3 | - | €102 | +€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,121 | €6,771 | +€649 | +10.6% |
| Other operating charges | 640/8 | €182 | €222 | +€40 | +22.0% |
| Gross operating margin | 9900 | €84,234 | €91,475 | +€7,241 | +8.6% |
| Operating profit (loss) | 9901 | €77,931 | €84,482 | +€6,552 | +8.4% |
| Financial income | 75/76B | €657 | €667 | +€10 | +1.5% |
| Recurring financial income | 75 | €657 | €667 | +€10 | +1.5% |
| Financial charges | 65/66B | €57 | €285 | +€228 | +400% |
| Recurring financial charges | 65 | €57 | €285 | +€228 | +400% |
| Profit (loss) for the period before taxes | 9903 | €78,531 | €84,864 | +€6,333 | +8.1% |
| Income taxes | 67/77 | €22,264 | €23,961 | +€1,698 | +7.6% |
| Profit (loss) for the period | 9904 | €56,267 | €60,903 | +€4,636 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €56,267 | €60,903 | +€4,636 | +8.2% |
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 22 October 2026 via checked.be.