Quattuor: 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.
Quattuor
Largest movements
- Receivables within one year +€858,899
up €858,899 (+199%), from €431,613 to €1.3m
- Cash +€833,559
up €833,559 (+206%), from €404,347 to €1.2m
mainly Accrued charges and deferred income (+€1.3m) and Trade debts (+€403,395)
- Accrued charges and deferred income +€1.3m
up €1.3m (+198%), from €672,000 to €2.0m
- Trade debts +€403,395
up €403,395 (+1,276%), from €31,604 to €435,000
- Tax, wage and social debts -€146,087
down €146,087 (-88.1%), from €165,898 to €19,811
- Profit (loss) carried forward +€96,702
up €96,702 (+145%), from €66,607 to €163,309
- Gross operating margin +€41,102
up €41,102 (+45.7%), from €89,984 to €131,086
- Taxes +€10,076
up €10,076 (+45.4%), from €22,211 to €32,287
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 | €986,109 | €2,678,568 | +€1.7m | +172% |
| Fixed assets | 21/28 | €150,150 | €150,150 | = | 0.0% |
| Financial fixed assets | 28 | €150,150 | €150,150 | = | 0.0% |
| Current assets | 29/58 | €835,959 | €2,528,418 | +€1.7m | +202% |
| Amounts receivable within one year | 40/41 | €431,613 | €1,290,512 | +€858,899 | +199% |
| Trade receivables | 40 | €431,613 | €1,290,512 | +€858,899 | +199% |
| Cash at bank and in hand | 54/58 | €404,347 | €1,237,906 | +€833,559 | +206% |
| Total equity and liabilities | 10/49 | €986,109 | €2,678,568 | +€1.7m | +172% |
| Equity | 10/15 | €116,607 | €213,309 | +€96,702 | +82.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,607 | €163,309 | +€96,702 | +145% |
| Amounts payable | 17/49 | €869,502 | €2,465,259 | +€1.6m | +184% |
| Amounts payable within one year | 42/48 | €197,502 | €465,019 | +€267,517 | +135% |
| Trade debts | 44 | €31,604 | €435,000 | +€403,395 | +1,276% |
| Suppliers | 440/4 | €31,604 | €435,000 | +€403,395 | +1,276% |
| Advances received on contracts in progress | 46 | - | €10,208 | +€10,208 | |
| Taxes, remuneration and social security | 45 | €165,898 | €19,811 | -€146,087 | -88.1% |
| Taxes | 450/3 | €165,898 | €19,811 | -€146,087 | -88.1% |
| Accrued charges and deferred income | 492/3 | €672,000 | €2,000,240 | +€1.3m | +198% |
| Gross operating margin | 9900 | €89,984 | €131,086 | +€41,102 | +45.7% |
| Operating profit (loss) | 9901 | €89,984 | €131,086 | +€41,102 | +45.7% |
| Financial charges | 65/66B | €1,166 | €2,097 | +€931 | +79.8% |
| Recurring financial charges | 65 | €1,166 | €2,097 | +€931 | +79.8% |
| Profit (loss) for the period before taxes | 9903 | €88,818 | €128,989 | +€40,171 | +45.2% |
| Income taxes | 67/77 | €22,211 | €32,287 | +€10,076 | +45.4% |
| Profit (loss) for the period | 9904 | €66,607 | €96,702 | +€30,095 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,607 | €96,702 | +€30,095 | +45.2% |
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 17 October 2026 via checked.be.