QUEVISA: 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.
QUEVISA
Largest movements
- Cash -€26,302
down €26,302 (-63.7%), from €41,294 to €14,993
mainly Net result for the year (-€30,078) and Tax, wage and social debts (-€3,056)
- Tangible fixed assets -€10,700
down €10,700 (-50.6%), from €21,147 to €10,447
- Receivables within one year +€3,009
up €3,009 (+38.0%), from €7,910 to €10,919
of which Other amounts receivable: +€10,919
- Profit (loss) carried forward -€30,078
down €30,078, from €22,016 to -€8,062
- Tax, wage and social debts -€3,056
down €3,056 (-94.7%), from €3,227 to €171
- Other debts -€2,062
no longer reported in 2025 (was €2,062)
- Trade debts +€1,265
up €1,265 (+77.8%), from €1,626 to €2,891
- Gross operating margin -€29,731
down €29,731, from €11,903 to -€17,828
- Taxes -€1,919
down €1,919 (-91.8%), from €2,090 to €171
- Depreciation +€597
up €597 (+5.3%), from €11,177 to €11,774
- Other operating charges -€215
no longer reported in 2025 (was €215)
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 | €72,493 | €38,563 | -€33,931 | -46.8% |
| Fixed assets | 21/28 | €21,147 | €10,447 | -€10,700 | -50.6% |
| Tangible fixed assets | 22/27 | €21,147 | €10,447 | -€10,700 | -50.6% |
| Furniture and vehicles | 24 | €21,147 | €10,447 | -€10,700 | -50.6% |
| Current assets | 29/58 | €51,346 | €28,115 | -€23,231 | -45.2% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,910 | €10,919 | +€3,009 | +38.0% |
| Trade receivables | 40 | €7,910 | - | -€7,910 | |
| Other amounts receivable | 41 | - | €10,919 | +€10,919 | |
| Cash at bank and in hand | 54/58 | €41,294 | €14,993 | -€26,302 | -63.7% |
| Deferred charges and accrued income | 490/1 | €142 | €204 | +€62 | +43.4% |
| Total equity and liabilities | 10/49 | €72,493 | €38,563 | -€33,931 | -46.8% |
| Equity | 10/15 | €65,579 | €35,501 | -€30,078 | -45.9% |
| Contributions | 10/11 | €20,451 | €20,451 | +€0 | 0.0% |
| Reserves | 13 | €23,112 | €23,112 | -€0 | 0.0% |
| Distributable reserves | 133 | €23,112 | €23,112 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €22,016 | -€8,062 | -€30,078 | |
| Amounts payable | 17/49 | €6,915 | €3,062 | -€3,852 | -55.7% |
| Amounts payable within one year | 42/48 | €6,915 | €3,062 | -€3,852 | -55.7% |
| Trade debts | 44 | €1,626 | €2,891 | +€1,265 | +77.8% |
| Suppliers | 440/4 | €1,626 | €2,891 | +€1,265 | +77.8% |
| Taxes, remuneration and social security | 45 | €3,227 | €171 | -€3,056 | -94.7% |
| Taxes | 450/3 | €3,227 | €171 | -€3,056 | -94.7% |
| Other amounts payable | 47/48 | €2,062 | - | -€2,062 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,177 | €11,774 | +€597 | +5.3% |
| Other operating charges | 640/8 | €215 | - | -€215 | |
| Gross operating margin | 9900 | €11,903 | -€17,828 | -€29,731 | |
| Operating profit (loss) | 9901 | €511 | -€29,602 | -€30,113 | |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €228 | €349 | +€122 | +53.5% |
| Recurring financial charges | 65 | €228 | €349 | +€122 | +53.5% |
| Profit (loss) for the period before taxes | 9903 | €284 | -€29,908 | -€30,191 | |
| Income taxes | 67/77 | €2,090 | €171 | -€1,919 | -91.8% |
| Profit (loss) for the period | 9904 | -€1,806 | -€30,078 | -€28,272 | -1565.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,806 | -€30,078 | -€28,272 | -1565.2% |
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 11 October 2026 via checked.be.