QUEEN'S BARRIERE: what changed
QUEEN'S BARRIERE
Largest movements
- Deferred charges and accrued income +€8,502
new in 2025: €8,502
- Cash +€7,215
up €7,215 (+437%), from €1,651 to €8,865
mainly Other debts (+€10,334) and Net result for the year (+€7,204)
- Receivables within one year +€5,988
up €5,988 (+781%), from €767 to €6,754
- Tangible fixed assets +€2,336
new in 2025: €2,336
- Stocks and contracts -€1,000
down €1,000 (-29.9%), from €3,348 to €2,348
- Other debts +€10,334
up €10,334 (+293%), from €3,529 to €13,863
- Profit (loss) carried forward +€7,204
up €7,204 (+76.4%), from -€9,427 to -€2,223
- Trade debts +€2,798
up €2,798 (+250%), from €1,120 to €3,919
- Tax, wage and social debts +€2,704
up €2,704 (+497%), from €544 to €3,247
- Gross operating margin +€7,958
up €7,958 (+109%), from €7,308 to €15,265
- Other operating charges +€4,815
up €4,815 (+256%), from €1,883 to €6,698
- Taxes +€791
new in 2025: €791
- Depreciation +€403
new in 2025: €403
- Financial charges -€377
down €377 (-68.2%), from €552 to €175
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,765 | €28,806 | +€23,040 | +400% |
| Fixed assets | 21/28 | - | €2,336 | +€2,336 | |
| Tangible fixed assets | 22/27 | - | €2,336 | +€2,336 | |
| Plant, machinery and equipment | 23 | - | €2,336 | +€2,336 | |
| Current assets | 29/58 | €5,765 | €26,470 | +€20,705 | +359% |
| Stocks and contracts in progress | 3 | €3,348 | €2,348 | -€1,000 | -29.9% |
| Stocks | 30/36 | €3,348 | €2,348 | -€1,000 | -29.9% |
| Amounts receivable within one year | 40/41 | €767 | €6,754 | +€5,988 | +781% |
| Other amounts receivable | 41 | €767 | €6,754 | +€5,988 | +781% |
| Cash at bank and in hand | 54/58 | €1,651 | €8,865 | +€7,215 | +437% |
| Deferred charges and accrued income | 490/1 | - | €8,502 | +€8,502 | |
| Total equity and liabilities | 10/49 | €5,765 | €28,806 | +€23,040 | +400% |
| Equity | 10/15 | €573 | €7,777 | +€7,204 | +1,257% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,427 | -€2,223 | +€7,204 | +76.4% |
| Amounts payable | 17/49 | €5,193 | €21,029 | +€15,837 | +305% |
| Amounts payable within one year | 42/48 | €5,193 | €21,029 | +€15,837 | +305% |
| Trade debts | 44 | €1,120 | €3,919 | +€2,798 | +250% |
| Suppliers | 440/4 | €1,120 | €3,919 | +€2,798 | +250% |
| Taxes, remuneration and social security | 45 | €544 | €3,247 | +€2,704 | +497% |
| Taxes | 450/3 | €544 | €3,247 | +€2,704 | +497% |
| Other amounts payable | 47/48 | €3,529 | €13,863 | +€10,334 | +293% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €403 | +€403 | |
| Other operating charges | 640/8 | €1,883 | €6,698 | +€4,815 | +256% |
| Gross operating margin | 9900 | €7,308 | €15,265 | +€7,958 | +109% |
| Operating profit (loss) | 9901 | €5,424 | €8,164 | +€2,740 | +50.5% |
| Financial income | 75/76B | €26 | €6 | -€20 | -76.9% |
| Recurring financial income | 75 | €26 | €6 | -€20 | -76.9% |
| Financial charges | 65/66B | €552 | €175 | -€377 | -68.2% |
| Recurring financial charges | 65 | €552 | €175 | -€377 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €4,899 | €7,995 | +€3,096 | +63.2% |
| Income taxes | 67/77 | - | €791 | +€791 | |
| Profit (loss) for the period | 9904 | €4,899 | €7,204 | +€2,305 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,899 | €7,204 | +€2,305 | +47.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.