QUE4: 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.
QUE4
Largest movements
- Receivables within one year -€19,328
down €19,328 (-74.8%), from €25,828 to €6,500
of which Trade receivables: -€15,703
- Tangible fixed assets -€4,414
down €4,414 (-16.8%), from €26,273 to €21,859
of which Furniture and vehicles: -€3,676
- Cash -€1,999
down €1,999 (-89.0%), from €2,247 to €248
mainly Net result for the year (-€23,338) and Trade debts (-€20,068)
- Other debts +€27,191
up €27,191 (+66.6%), from €40,850 to €68,041
- Profit (loss) carried forward -€23,337
down €23,337 (-56.4%), from -€41,350 to -€64,687
- Trade debts -€20,068
down €20,068 (-79.9%), from €25,131 to €5,063
of which Suppliers: -€25,131
- Debts after one year -€3,760
no longer reported in 2024 (was €3,760)
- Current portion of long-term debt -€2,877
down €2,877 (-43.3%), from €6,637 to €3,760
- Gross operating margin -€2,415
down €2,415 (-24.7%), from -€9,758 to -€12,173
- Depreciation +€1,731
up €1,731 (+64.5%), from €2,683 to €4,414
- Other operating charges +€1,272
up €1,272 (+29.6%), from €4,296 to €5,568
- Taxes +€394
no longer reported in 2024 (was -€394)
- Financial charges +€196
up €196 (+19.9%), from €987 to €1,183
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,438 | €30,777 | -€25,661 | -45.5% |
| Fixed assets | 21/28 | €26,423 | €22,009 | -€4,414 | -16.7% |
| Tangible fixed assets | 22/27 | €26,273 | €21,859 | -€4,414 | -16.8% |
| Land and buildings | 22 | €6,149 | €5,937 | -€212 | -3.4% |
| Furniture and vehicles | 24 | €15,794 | €12,118 | -€3,676 | -23.3% |
| Other tangible fixed assets | 26 | €4,330 | €3,804 | -€526 | -12.1% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €30,015 | €8,768 | -€21,247 | -70.8% |
| Amounts receivable within one year | 40/41 | €25,828 | €6,500 | -€19,328 | -74.8% |
| Trade receivables | 40 | €21,846 | €6,143 | -€15,703 | -71.9% |
| Other amounts receivable | 41 | €3,982 | €357 | -€3,625 | -91.0% |
| Cash at bank and in hand | 54/58 | €2,247 | €248 | -€1,999 | -89.0% |
| Deferred charges and accrued income | 490/1 | €1,940 | €2,020 | +€80 | +4.1% |
| Total equity and liabilities | 10/49 | €56,438 | €30,777 | -€25,661 | -45.5% |
| Equity | 10/15 | -€22,750 | -€46,087 | -€23,337 | -102.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,350 | -€64,687 | -€23,337 | -56.4% |
| Amounts payable | 17/49 | €79,188 | €76,864 | -€2,324 | -2.9% |
| Amounts payable after more than one year | 17 | €3,760 | - | -€3,760 | |
| Financial debts | 170/4 | €3,760 | - | -€3,760 | |
| Amounts payable within one year | 42/48 | €75,428 | €76,864 | +€1,436 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €6,637 | €3,760 | -€2,877 | -43.3% |
| Trade debts | 44 | €25,131 | €5,063 | -€20,068 | -79.9% |
| Suppliers | 440/4 | €25,131 | - | -€25,131 | |
| Bills of exchange payable | 441 | - | €5,063 | +€5,063 | |
| Taxes, remuneration and social security | 45 | €2,810 | - | -€2,810 | |
| Taxes | 450/3 | €2,810 | - | -€2,810 | |
| Other amounts payable | 47/48 | €40,850 | €68,041 | +€27,191 | +66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,683 | €4,414 | +€1,731 | +64.5% |
| Other operating charges | 640/8 | €4,296 | €5,568 | +€1,272 | +29.6% |
| Gross operating margin | 9900 | -€9,758 | -€12,173 | -€2,415 | -24.7% |
| Operating profit (loss) | 9901 | -€16,737 | -€22,155 | -€5,418 | -32.4% |
| Financial charges | 65/66B | €987 | €1,183 | +€196 | +19.9% |
| Recurring financial charges | 65 | €987 | €1,183 | +€196 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,724 | -€23,338 | -€5,614 | -31.7% |
| Income taxes | 67/77 | -€394 | - | +€394 | |
| Profit (loss) for the period | 9904 | -€17,330 | -€23,338 | -€6,008 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,330 | -€23,338 | -€6,008 | -34.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.