Queenz: 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.
Queenz
Largest movements
- Cash +€6,565
up €6,565 (+49.5%), from €13,250 to €19,815
mainly Other debts (+€10,360) and Depreciation (+€993)
- Tangible fixed assets -€993
down €993 (-25.6%), from €3,885 to €2,892
of which Plant, machinery and equipment: -€811
- Receivables within one year +€411
up €411 (+145.5%), from €282 to €694
- Other debts +€10,360
up €10,360 (+42.5%), from €24,359 to €34,719
- Profit (loss) carried forward -€4,952
down €4,952 (-39.2%), from -€12,632 to -€17,584
- Tax, wage and social debts +€315
up €315 (+45.6%), from €690 to €1,005
- Trade debts +€261
up €261, from €0 to €261
- Gross operating margin -€5,085
down €5,085, from €3,216 to -€1,869
- Other operating charges +€502
up €502 (+31.3%), from €1,602 to €2,104
- Financial income +€56
new in 2025: €56
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 | €17,417 | €23,401 | +€5,984 | +34.4% |
| Fixed assets | 21/28 | €3,885 | €2,892 | -€993 | -25.6% |
| Tangible fixed assets | 22/27 | €3,885 | €2,892 | -€993 | -25.6% |
| Plant, machinery and equipment | 23 | €2,434 | €1,623 | -€811 | -33.3% |
| Furniture and vehicles | 24 | €1,451 | €1,269 | -€181 | -12.5% |
| Current assets | 29/58 | €13,532 | €20,509 | +€6,976 | +51.6% |
| Amounts receivable within one year | 40/41 | €282 | €694 | +€411 | +145.5% |
| Other amounts receivable | 41 | €282 | €694 | +€411 | +145.5% |
| Cash at bank and in hand | 54/58 | €13,250 | €19,815 | +€6,565 | +49.5% |
| Total equity and liabilities | 10/49 | €17,417 | €23,401 | +€5,984 | +34.4% |
| Equity | 10/15 | -€7,632 | -€12,584 | -€4,952 | -64.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,632 | -€17,584 | -€4,952 | -39.2% |
| Amounts payable | 17/49 | €25,049 | €35,985 | +€10,936 | +43.7% |
| Amounts payable within one year | 42/48 | €25,049 | €35,985 | +€10,936 | +43.7% |
| Trade debts | 44 | €0 | €261 | +€261 | |
| Suppliers | 440/4 | €0 | €261 | +€261 | |
| Taxes, remuneration and social security | 45 | €690 | €1,005 | +€315 | +45.6% |
| Taxes | 450/3 | €690 | €1,005 | +€315 | +45.6% |
| Other amounts payable | 47/48 | €24,359 | €34,719 | +€10,360 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €993 | €993 | = | 0.0% |
| Other operating charges | 640/8 | €1,602 | €2,104 | +€502 | +31.3% |
| Gross operating margin | 9900 | €3,216 | -€1,869 | -€5,085 | |
| Operating profit (loss) | 9901 | €621 | -€4,966 | -€5,587 | |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €46 | €42 | -€4 | -9.3% |
| Recurring financial charges | 65 | €46 | €42 | -€4 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €575 | -€4,952 | -€5,527 | |
| Profit (loss) for the period | 9904 | €575 | -€4,952 | -€5,527 | |
| Profit (loss) for the period to be appropriated | 9905 | €575 | -€4,952 | -€5,527 |
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 10 October 2026 via checked.be.