QUEPARA: 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.
QUEPARA
Largest movements
- Receivables within one year -€17,569
down €17,569 (-100.0%), from €17,569 to €0
of which Trade receivables: -€17,569
- Tangible fixed assets -€9,254
down €9,254 (-21.4%), from €43,183 to €33,929
of which Furniture and vehicles: -€8,951
- Profit (loss) carried forward +€57,085
up €57,085 (+94.0%), from €60,735 to €117,820
- Debts after one year -€51,453
down €51,453 (-19.5%), from €263,347 to €211,893
- Other debts -€38,499
down €38,499 (-46.0%), from €83,641 to €45,142
- Current portion of long-term debt +€6,909
up €6,909 (+13.9%), from €49,595 to €56,504
- Gross operating margin -€4,782
down €4,782 (-4.5%), from €105,897 to €101,115
- Other operating charges -€2,498
down €2,498 (-72.9%), from €3,427 to €928
- Depreciation +€1,169
up €1,169 (+12.4%), from €9,458 to €10,627
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 | €479,993 | €453,427 | -€26,566 | -5.5% |
| Fixed assets | 21/28 | €443,183 | €433,929 | -€9,254 | -2.1% |
| Tangible fixed assets | 22/27 | €43,183 | €33,929 | -€9,254 | -21.4% |
| Plant, machinery and equipment | 23 | €1,347 | €1,044 | -€302 | -22.5% |
| Furniture and vehicles | 24 | €41,836 | €32,885 | -€8,951 | -21.4% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €36,810 | €19,498 | -€17,312 | -47.0% |
| Amounts receivable within one year | 40/41 | €17,569 | €0 | -€17,569 | -100.0% |
| Trade receivables | 40 | €17,569 | €0 | -€17,569 | -100.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €19,115 | €19,366 | +€251 | +1.3% |
| Deferred charges and accrued income | 490/1 | €126 | €132 | +€6 | +5.0% |
| Total equity and liabilities | 10/49 | €479,993 | €453,427 | -€26,566 | -5.5% |
| Equity | 10/15 | €66,735 | €123,820 | +€57,085 | +85.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,735 | €117,820 | +€57,085 | +94.0% |
| Amounts payable | 17/49 | €413,258 | €329,607 | -€83,651 | -20.2% |
| Amounts payable after more than one year | 17 | €263,347 | €211,893 | -€51,453 | -19.5% |
| Financial debts | 170/4 | €263,347 | €211,893 | -€51,453 | -19.5% |
| Amounts payable within one year | 42/48 | €149,911 | €117,714 | -€32,197 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €49,595 | €56,504 | +€6,909 | +13.9% |
| Trade debts | 44 | €1,367 | €1,507 | +€140 | +10.2% |
| Suppliers | 440/4 | €1,367 | €1,507 | +€140 | +10.2% |
| Taxes, remuneration and social security | 45 | €15,308 | €14,561 | -€747 | -4.9% |
| Taxes | 450/3 | €15,308 | €14,561 | -€747 | -4.9% |
| Other amounts payable | 47/48 | €83,641 | €45,142 | -€38,499 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,458 | €10,627 | +€1,169 | +12.4% |
| Other operating charges | 640/8 | €3,427 | €928 | -€2,498 | -72.9% |
| Gross operating margin | 9900 | €105,897 | €101,115 | -€4,782 | -4.5% |
| Operating profit (loss) | 9901 | €93,013 | €89,560 | -€3,453 | -3.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €10,934 | €11,043 | +€109 | +1.0% |
| Recurring financial charges | 65 | €10,934 | €11,043 | +€109 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €82,079 | €78,517 | -€3,562 | -4.3% |
| Income taxes | 67/77 | €21,344 | €20,599 | -€745 | -3.5% |
| Profit (loss) for the period | 9904 | €60,735 | €57,918 | -€2,817 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,735 | €57,918 | -€2,817 | -4.6% |
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 9 October 2026 via checked.be.