QUELLIMMO: 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.
QUELLIMMO
Largest movements
- Receivables within one year -€276,229
down €276,229 (-8.3%), from €3.3m to €3.1m
of which Other amounts receivable: -€280,316
- Tangible fixed assets -€84,975
down €84,975 (-3.3%), from €2.6m to €2.5m
- Trade debts -€228,194
down €228,194 (-84.5%), from €270,121 to €41,927
of which Bills of exchange payable: -€256,750
- Profit (loss) carried forward -€227,311
down €227,311 (-20.9%), from -€1.1m to -€1.3m
- Other debts +€182,236
up €182,236 (+3.6%), from €5.1m to €5.3m
- Debts after one year -€108,927
down €108,927 (-7.0%), from €1.5m to €1.4m
- Gross operating margin +€200,664
up €200,664, from -€136,771 to €63,892
- Other operating charges -€74,106
down €74,106 (-57.6%), from €128,709 to €54,602
- Financial income +€22,571
up €22,571 (+30.4%), from €74,282 to €96,854
of which Non-recurring financial income: +€20,808
- Taxes +€11,244
no longer reported in 2025 (was -€11,244)
- Financial charges +€4,562
up €4,562 (+1.9%), from €243,918 to €248,480
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 | €5,960,399 | €5,586,303 | -€374,096 | -6.3% |
| Fixed assets | 21/28 | €2,603,434 | €2,518,459 | -€84,975 | -3.3% |
| Tangible fixed assets | 22/27 | €2,603,184 | €2,518,209 | -€84,975 | -3.3% |
| Land and buildings | 22 | €2,603,184 | €2,518,209 | -€84,975 | -3.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €3,356,965 | €3,067,844 | -€289,121 | -8.6% |
| Amounts receivable within one year | 40/41 | €3,343,721 | €3,067,492 | -€276,229 | -8.3% |
| Trade receivables | 40 | €12,930 | €17,017 | +€4,087 | +31.6% |
| Other amounts receivable | 41 | €3,330,791 | €3,050,475 | -€280,316 | -8.4% |
| Cash at bank and in hand | 54/58 | €13,047 | €296 | -€12,751 | -97.7% |
| Deferred charges and accrued income | 490/1 | €197 | €56 | -€141 | -71.5% |
| Total equity and liabilities | 10/49 | €5,960,399 | €5,586,303 | -€374,096 | -6.3% |
| Equity | 10/15 | -€1,071,352 | -€1,298,663 | -€227,311 | -21.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,089,952 | -€1,317,263 | -€227,311 | -20.9% |
| Amounts payable | 17/49 | €7,031,751 | €6,884,966 | -€146,785 | -2.1% |
| Amounts payable after more than one year | 17 | €1,549,271 | €1,440,344 | -€108,927 | -7.0% |
| Financial debts | 170/4 | €1,549,271 | €1,440,344 | -€108,927 | -7.0% |
| Amounts payable within one year | 42/48 | €5,482,311 | €5,434,730 | -€47,581 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €112,938 | €110,423 | -€2,516 | -2.2% |
| Trade debts | 44 | €270,121 | €41,927 | -€228,194 | -84.5% |
| Suppliers | 440/4 | €13,371 | €41,927 | +€28,556 | +214% |
| Bills of exchange payable | 441 | €256,750 | - | -€256,750 | |
| Taxes, remuneration and social security | 45 | - | €893 | +€893 | |
| Taxes | 450/3 | - | €893 | +€893 | |
| Other amounts payable | 47/48 | €5,099,252 | €5,281,487 | +€182,236 | +3.6% |
| Accrued charges and deferred income | 492/3 | €168 | €9,892 | +€9,723 | +5,771% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,975 | €84,975 | = | 0.0% |
| Other operating charges | 640/8 | €128,709 | €54,602 | -€74,106 | -57.6% |
| Gross operating margin | 9900 | -€136,771 | €63,892 | +€200,664 | |
| Operating profit (loss) | 9901 | -€350,455 | -€75,685 | +€274,770 | +78.4% |
| Financial income | 75/76B | €74,282 | €96,854 | +€22,571 | +30.4% |
| Recurring financial income | 75 | €74,282 | €76,045 | +€1,763 | +2.4% |
| Non-recurring financial income | 76B | - | €20,808 | +€20,808 | |
| Financial charges | 65/66B | €243,918 | €248,480 | +€4,562 | +1.9% |
| Recurring financial charges | 65 | €243,918 | €248,480 | +€4,562 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€520,091 | -€227,311 | +€292,780 | +56.3% |
| Income taxes | 67/77 | -€11,244 | - | +€11,244 | |
| Profit (loss) for the period | 9904 | -€508,847 | -€227,311 | +€281,536 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€508,847 | -€227,311 | +€281,536 | +55.3% |
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 20 October 2026 via checked.be.