QUERTIMMO: 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.
QUERTIMMO
Largest movements
- Cash -€4,768
down €4,768 (-99.9%), from €4,774 to €5
mainly Net result for the year (-€9,554) and Receivables within one year (-€4,339)
- Receivables within one year +€4,339
up €4,339 (+37.5%), from €11,580 to €15,919
of which Trade receivables: +€3,291
- Tangible fixed assets -€431
down €431 (-42.2%), from €1,019 to €589
- Profit (loss) carried forward -€9,554
down €9,554 (-80.9%), from €11,811 to €2,257
- Trade debts +€7,040
up €7,040 (+2269.3%), from €310 to €7,350
- Tax, wage and social debts +€1,653
up €1,653 (+31.3%), from €5,278 to €6,931
- Gross operating margin -€27,445
down €27,445, from €19,193 to -€8,252
- Taxes -€3,800
down €3,800 (-98.5%), from €3,857 to €56
- Other operating charges -€430
down €430 (-46.2%), from €931 to €501
- Financial charges +€221
up €221 (+47.1%), from €469 to €689
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 | €17,400 | €16,539 | -€861 | -4.9% |
| Fixed assets | 21/28 | €1,019 | €589 | -€431 | -42.2% |
| Tangible fixed assets | 22/27 | €1,019 | €589 | -€431 | -42.2% |
| Furniture and vehicles | 24 | €1,019 | €589 | -€431 | -42.2% |
| Current assets | 29/58 | €16,380 | €15,950 | -€430 | -2.6% |
| Amounts receivable within one year | 40/41 | €11,580 | €15,919 | +€4,339 | +37.5% |
| Trade receivables | 40 | - | €3,291 | +€3,291 | |
| Other amounts receivable | 41 | €11,580 | €12,628 | +€1,048 | +9.1% |
| Cash at bank and in hand | 54/58 | €4,774 | €5 | -€4,768 | -99.9% |
| Deferred charges and accrued income | 490/1 | €27 | €26 | -€1 | -5.2% |
| Total equity and liabilities | 10/49 | €17,400 | €16,539 | -€861 | -4.9% |
| Equity | 10/15 | €11,811 | €2,257 | -€9,554 | -80.9% |
| Profit (loss) carried forward | 14 | €11,811 | €2,257 | -€9,554 | -80.9% |
| Amounts payable | 17/49 | €5,588 | €14,282 | +€8,693 | +155.6% |
| Amounts payable within one year | 42/48 | €5,588 | €14,282 | +€8,693 | +155.6% |
| Trade debts | 44 | €310 | €7,350 | +€7,040 | +2269.3% |
| Suppliers | 440/4 | €310 | €7,350 | +€7,040 | +2269.3% |
| Taxes, remuneration and social security | 45 | €5,278 | €6,931 | +€1,653 | +31.3% |
| Taxes | 450/3 | €5,278 | €6,931 | +€1,653 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €431 | +€158 | +58.0% |
| Other operating charges | 640/8 | €931 | €501 | -€430 | -46.2% |
| Non-recurring operating charges | 66A | €2,204 | - | -€2,204 | |
| Gross operating margin | 9900 | €19,193 | -€8,252 | -€27,445 | |
| Operating profit (loss) | 9901 | €15,785 | -€9,184 | -€24,969 | |
| Financial income | 75/76B | €351 | €375 | +€24 | +6.8% |
| Recurring financial income | 75 | €351 | €375 | +€24 | +6.8% |
| Financial charges | 65/66B | €469 | €689 | +€221 | +47.1% |
| Recurring financial charges | 65 | €469 | €689 | +€221 | +47.1% |
| Profit (loss) for the period before taxes | 9903 | €15,668 | -€9,498 | -€25,166 | |
| Income taxes | 67/77 | €3,857 | €56 | -€3,800 | -98.5% |
| Profit (loss) for the period | 9904 | €11,811 | -€9,554 | -€21,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,811 | -€9,554 | -€21,365 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.