Quercus Aurealiz: what changed
Quercus Aurealiz
Largest movements
- Receivables within one year +€66,779
up €66,779 (+86.9%), from €76,831 to €143,611
of which Trade receivables: +€38,005
- Cash -€8,145
down €8,145 (-45.0%), from €18,115 to €9,970
mainly Receivables within one year (-€66,779) and Investment in fixed assets (net) (-€12,668)
- Tangible fixed assets +€7,690
up €7,690 (+76.1%), from €10,110 to €17,800
- Reserves +€46,222
up €46,222 (+104%), from €44,589 to €90,811
- Trade debts +€28,822
up €28,822 (+187%), from €15,438 to €44,260
- Tax, wage and social debts -€8,086
down €8,086 (-19.2%), from €42,114 to €34,028
- Other operating charges -€4,187
down €4,187 (-60.0%), from €6,975 to €2,788
- Gross operating margin -€2,464
down €2,464 (-3.5%), from €70,109 to €67,645
- Depreciation +€1,699
up €1,699 (+51.8%), from €3,279 to €4,978
- Financial income +€1,020
up €1,020 (+57.1%), from €1,786 to €2,806
- Financial charges -€736
down €736 (-21.3%), from €3,448 to €2,712
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 | €106,529 | €173,098 | +€66,569 | +62.5% |
| Fixed assets | 21/28 | €10,110 | €17,800 | +€7,690 | +76.1% |
| Tangible fixed assets | 22/27 | €10,110 | €17,800 | +€7,690 | +76.1% |
| Furniture and vehicles | 24 | €10,110 | €17,800 | +€7,690 | +76.1% |
| Current assets | 29/58 | €96,418 | €155,298 | +€58,879 | +61.1% |
| Amounts receivable within one year | 40/41 | €76,831 | €143,611 | +€66,779 | +86.9% |
| Trade receivables | 40 | €19,699 | €57,704 | +€38,005 | +193% |
| Other amounts receivable | 41 | €57,132 | €85,906 | +€28,774 | +50.4% |
| Cash at bank and in hand | 54/58 | €18,115 | €9,970 | -€8,145 | -45.0% |
| Deferred charges and accrued income | 490/1 | €1,472 | €1,717 | +€245 | +16.7% |
| Total equity and liabilities | 10/49 | €106,529 | €173,098 | +€66,569 | +62.5% |
| Equity | 10/15 | €48,589 | €94,811 | +€46,222 | +95.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €44,589 | €90,811 | +€46,222 | +104% |
| Distributable reserves | 133 | €44,589 | €90,811 | +€46,222 | +104% |
| Amounts payable | 17/49 | €57,940 | €78,287 | +€20,348 | +35.1% |
| Amounts payable within one year | 42/48 | €57,552 | €78,287 | +€20,735 | +36.0% |
| Trade debts | 44 | €15,438 | €44,260 | +€28,822 | +187% |
| Suppliers | 440/4 | €15,438 | €44,260 | +€28,822 | +187% |
| Taxes, remuneration and social security | 45 | €42,114 | €34,028 | -€8,086 | -19.2% |
| Taxes | 450/3 | €42,114 | €34,028 | -€8,086 | -19.2% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,279 | €4,978 | +€1,699 | +51.8% |
| Other operating charges | 640/8 | €6,975 | €2,788 | -€4,187 | -60.0% |
| Gross operating margin | 9900 | €70,109 | €67,645 | -€2,464 | -3.5% |
| Operating profit (loss) | 9901 | €59,854 | €59,878 | +€24 | 0.0% |
| Financial income | 75/76B | €1,786 | €2,806 | +€1,020 | +57.1% |
| Recurring financial income | 75 | €1,786 | €2,806 | +€1,020 | +57.1% |
| Financial charges | 65/66B | €3,448 | €2,712 | -€736 | -21.3% |
| Recurring financial charges | 65 | €3,448 | €2,712 | -€736 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €58,193 | €59,972 | +€1,780 | +3.1% |
| Income taxes | 67/77 | €13,604 | €13,751 | +€147 | +1.1% |
| Profit (loss) for the period | 9904 | €44,589 | €46,222 | +€1,633 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,589 | €46,222 | +€1,633 | +3.7% |
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.