Quench: 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.
Quench
Largest movements
- Tangible fixed assets -€5,221
down €5,221 (-4.1%), from €126,575 to €121,355
of which Land and buildings: -€6,110
- Trade debts -€20,714
down €20,714 (-94.2%), from €21,994 to €1,279
- Reserves +€16,564
up €16,564 (+61.6%), from €26,868 to €43,431
of which Distributable reserves: +€16,564
- Debts after one year -€10,027
down €10,027 (-12.1%), from €82,525 to €72,498
- Tax, wage and social debts +€7,548
up €7,548 (+203.1%), from €3,716 to €11,264
of which Taxes: +€6,348
- Gross operating margin -€6,380
down €6,380 (-13.1%), from €48,724 to €42,344
- Taxes +€2,304
up €2,304 (+47.7%), from €4,826 to €7,130
- Financial charges +€1,229
up €1,229 (+28.4%), from €4,323 to €5,553
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 | €157,312 | €150,899 | -€6,412 | -4.1% |
| Fixed assets | 21/28 | €126,700 | €121,480 | -€5,221 | -4.1% |
| Tangible fixed assets | 22/27 | €126,575 | €121,355 | -€5,221 | -4.1% |
| Land and buildings | 22 | €123,500 | €117,390 | -€6,110 | -4.9% |
| Plant, machinery and equipment | 23 | €439 | €2,449 | +€2,010 | +457.4% |
| Furniture and vehicles | 24 | €2,636 | €1,515 | -€1,120 | -42.5% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €30,611 | €29,420 | -€1,191 | -3.9% |
| Amounts receivable within one year | 40/41 | €23,006 | €21,559 | -€1,447 | -6.3% |
| Trade receivables | 40 | €16,335 | €7,890 | -€8,445 | -51.7% |
| Other amounts receivable | 41 | €6,671 | €13,669 | +€6,998 | +104.9% |
| Cash at bank and in hand | 54/58 | €7,605 | €7,861 | +€256 | +3.4% |
| Total equity and liabilities | 10/49 | €157,312 | €150,899 | -€6,412 | -4.1% |
| Equity | 10/15 | €39,268 | €55,831 | +€16,564 | +42.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €26,868 | €43,431 | +€16,564 | +61.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,008 | €41,571 | +€16,564 | +66.2% |
| Amounts payable | 17/49 | €118,044 | €95,068 | -€22,976 | -19.5% |
| Amounts payable after more than one year | 17 | €82,525 | €72,498 | -€10,027 | -12.1% |
| Financial debts | 170/4 | €82,525 | €72,498 | -€10,027 | -12.1% |
| Amounts payable within one year | 42/48 | €35,519 | €22,570 | -€12,949 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €9,809 | €10,027 | +€217 | +2.2% |
| Trade debts | 44 | €21,994 | €1,279 | -€20,714 | -94.2% |
| Suppliers | 440/4 | €21,994 | €1,279 | -€20,714 | -94.2% |
| Taxes, remuneration and social security | 45 | €3,716 | €11,264 | +€7,548 | +203.1% |
| Taxes | 450/3 | €3,716 | €10,064 | +€6,348 | +170.8% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,961 | €11,660 | -€301 | -2.5% |
| Other operating charges | 640/8 | €2,382 | €1,895 | -€487 | -20.4% |
| Gross operating margin | 9900 | €48,724 | €42,344 | -€6,380 | -13.1% |
| Operating profit (loss) | 9901 | €34,381 | €28,790 | -€5,592 | -16.3% |
| Financial income | 75/76B | €50 | €456 | +€406 | +805.5% |
| Recurring financial income | 75 | €50 | €456 | +€406 | +805.5% |
| Financial charges | 65/66B | €4,323 | €5,553 | +€1,229 | +28.4% |
| Recurring financial charges | 65 | €4,323 | €5,553 | +€1,229 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €30,108 | €23,694 | -€6,415 | -21.3% |
| Income taxes | 67/77 | €4,826 | €7,130 | +€2,304 | +47.7% |
| Profit (loss) for the period | 9904 | €25,282 | €16,564 | -€8,719 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,282 | €16,564 | -€8,719 | -34.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.