QUAY SIDE SERVICES: what changed
Two fiscal 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.
QUAY SIDE SERVICES
Largest movements
- Cash +€33,132
up €33,132 (+37.0%), from €89,582 to €122,714
mainly Accrued charges and deferred income (+€53,946) and Net result for the year (+€28,200)
- Receivables within one year +€13,919
up €13,919 (+11.7%), from €118,802 to €132,721
of which Trade receivables: +€25,866
- Financial fixed assets +€3,775
up €3,775 (+106.6%), from €3,541 to €7,316
- Deferred charges and accrued income -€3,407
down €3,407 (-42.6%), from €7,999 to €4,592
- Accrued charges and deferred income +€53,946
new in 2025: €53,946
- Other debts -€41,578
down €41,578 (-79.3%), from €52,430 to €10,852
- Reserves +€28,200
up €28,200 (+207.3%), from €13,605 to €41,805
- Short-term financial debts +€20,271
up €20,271 (+239.0%), from €8,481 to €28,751
- Trade debts -€18,041
down €18,041 (-20.2%), from €89,456 to €71,414
- Gross operating margin +€37,131
up €37,131 (+9.9%), from €376,904 to €414,036
- Staff costs +€10,958
up €10,958 (+3.1%), from €349,707 to €360,666
- Taxes +€10,318
up €10,318 (+119.7%), from €8,622 to €18,940
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.
Cash bridge derived
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 | €232,596 | €279,368 | +€46,772 | +20.1% |
| Fixed assets | 21/28 | €13,687 | €16,815 | +€3,128 | +22.9% |
| Tangible fixed assets | 22/27 | €10,147 | €9,500 | -€647 | -6.4% |
| Plant, machinery and equipment | 23 | €7,120 | €5,166 | -€1,954 | -27.4% |
| Furniture and vehicles | 24 | €3,027 | €4,334 | +€1,307 | +43.2% |
| Financial fixed assets | 28 | €3,541 | €7,316 | +€3,775 | +106.6% |
| Current assets | 29/58 | €218,909 | €262,553 | +€43,644 | +19.9% |
| Stocks and contracts in progress | 3 | €2,525 | €2,525 | = | 0.0% |
| Stocks | 30/36 | €2,525 | €2,525 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €118,802 | €132,721 | +€13,919 | +11.7% |
| Trade receivables | 40 | €106,541 | €132,406 | +€25,866 | +24.3% |
| Other amounts receivable | 41 | €12,262 | €315 | -€11,947 | -97.4% |
| Cash at bank and in hand | 54/58 | €89,582 | €122,714 | +€33,132 | +37.0% |
| Deferred charges and accrued income | 490/1 | €7,999 | €4,592 | -€3,407 | -42.6% |
| Total equity and liabilities | 10/49 | €232,596 | €279,368 | +€46,772 | +20.1% |
| Equity | 10/15 | €32,197 | €60,397 | +€28,200 | +87.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,605 | €41,805 | +€28,200 | +207.3% |
| Distributable reserves | 133 | €13,605 | €41,805 | +€28,200 | +207.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €200,399 | €218,971 | +€18,572 | +9.3% |
| Amounts payable within one year | 42/48 | €200,399 | €165,025 | -€35,374 | -17.7% |
| Financial debts | 43 | €8,481 | €28,751 | +€20,271 | +239.0% |
| Credit institutions | 430/8 | €8,481 | €28,751 | +€20,271 | +239.0% |
| Trade debts | 44 | €89,456 | €71,414 | -€18,041 | -20.2% |
| Suppliers | 440/4 | €89,456 | €71,414 | -€18,041 | -20.2% |
| Taxes, remuneration and social security | 45 | €50,033 | €54,008 | +€3,974 | +7.9% |
| Taxes | 450/3 | €11,384 | €14,271 | +€2,888 | +25.4% |
| Remuneration and social security | 454/9 | €38,649 | €39,736 | +€1,087 | +2.8% |
| Other amounts payable | 47/48 | €52,430 | €10,852 | -€41,578 | -79.3% |
| Accrued charges and deferred income | 492/3 | - | €53,946 | +€53,946 | |
| Remuneration, social security and pensions | 62 | €349,707 | €360,666 | +€10,958 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,534 | €3,496 | -€39 | -1.1% |
| Other operating charges | 640/8 | €3,177 | €919 | -€2,259 | -71.1% |
| Gross operating margin | 9900 | €376,904 | €414,036 | +€37,131 | +9.9% |
| Operating profit (loss) | 9901 | €20,485 | €48,956 | +€28,470 | +139.0% |
| Financial income | 75/76B | €98 | €936 | +€838 | +852.8% |
| Recurring financial income | 75 | €98 | €936 | +€838 | +852.8% |
| Financial charges | 65/66B | €3,985 | €2,751 | -€1,234 | -31.0% |
| Recurring financial charges | 65 | €3,985 | €2,751 | -€1,234 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €16,598 | €47,140 | +€30,542 | +184.0% |
| Income taxes | 67/77 | €8,622 | €18,940 | +€10,318 | +119.7% |
| Profit (loss) for the period | 9904 | €7,976 | €28,200 | +€20,224 | +253.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,976 | €28,200 | +€20,224 | +253.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.