QUI-VIVE: 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.
QUI-VIVE
Largest movements
- Cash -€64,180
down €64,180 (-41.3%), from €155,337 to €91,157
mainly Contributions, distributions and other (-€154,663) and Tax, wage and social debts (-€2,685)
- Tangible fixed assets -€14,119
down €14,119 (-25.4%), from €55,538 to €41,419
- Reserves -€106,357
down €106,357 (-66.9%), from €158,943 to €52,586
- Other debts +€30,869
up €30,869 (+1360.9%), from €2,268 to €33,137
- Tax, wage and social debts -€2,685
down €2,685 (-21.6%), from €12,410 to €9,725
of which Taxes: -€1,435
- Taxes +€13,153
up €13,153 (+221.1%), from €5,950 to €19,102
- Depreciation +€1,069
up €1,069 (+8.2%), from €13,049 to €14,119
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 | €229,607 | €150,892 | -€78,715 | -34.3% |
| Fixed assets | 21/28 | €55,538 | €41,419 | -€14,119 | -25.4% |
| Tangible fixed assets | 22/27 | €55,538 | €41,419 | -€14,119 | -25.4% |
| Land and buildings | 22 | €992 | €744 | -€248 | -25.0% |
| Plant, machinery and equipment | 23 | €15,094 | €11,035 | -€4,058 | -26.9% |
| Furniture and vehicles | 24 | €6,503 | €3,180 | -€3,323 | -51.1% |
| Other tangible fixed assets | 26 | €32,949 | €26,460 | -€6,489 | -19.7% |
| Current assets | 29/58 | €174,069 | €109,473 | -€64,596 | -37.1% |
| Stocks and contracts in progress | 3 | €1,166 | €1,166 | = | 0.0% |
| Stocks | 30/36 | €1,166 | €1,166 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,977 | €15,156 | -€821 | -5.1% |
| Trade receivables | 40 | €15,977 | €14,581 | -€1,396 | -8.7% |
| Other amounts receivable | 41 | €0 | €575 | +€575 | |
| Cash at bank and in hand | 54/58 | €155,337 | €91,157 | -€64,180 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,589 | €1,993 | +€405 | +25.5% |
| Total equity and liabilities | 10/49 | €229,607 | €150,892 | -€78,715 | -34.3% |
| Equity | 10/15 | €177,543 | €71,186 | -€106,357 | -59.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,943 | €52,586 | -€106,357 | -66.9% |
| Distributable reserves | 133 | €158,943 | €52,586 | -€106,357 | -66.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,064 | €79,706 | +€27,642 | +53.1% |
| Amounts payable after more than one year | 17 | €35,000 | €35,000 | = | 0.0% |
| Financial debts | 170/4 | €35,000 | €35,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,014 | €43,556 | +€27,542 | +172.0% |
| Trade debts | 44 | €1,336 | €694 | -€642 | -48.1% |
| Suppliers | 440/4 | €1,336 | €694 | -€642 | -48.1% |
| Taxes, remuneration and social security | 45 | €12,410 | €9,725 | -€2,685 | -21.6% |
| Taxes | 450/3 | €9,910 | €8,475 | -€1,435 | -14.5% |
| Remuneration and social security | 454/9 | €2,500 | €1,250 | -€1,250 | -50.0% |
| Other amounts payable | 47/48 | €2,268 | €33,137 | +€30,869 | +1360.9% |
| Accrued charges and deferred income | 492/3 | €1,050 | €1,150 | +€100 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,049 | €14,119 | +€1,069 | +8.2% |
| Other operating charges | 640/8 | €1,309 | €1,376 | +€67 | +5.1% |
| Gross operating margin | 9900 | €84,427 | €83,812 | -€616 | -0.7% |
| Operating profit (loss) | 9901 | €70,069 | €68,317 | -€1,752 | -2.5% |
| Financial income | 75/76B | €9 | €273 | +€264 | +2929.7% |
| Recurring financial income | 75 | €9 | €273 | +€264 | +2929.7% |
| Financial charges | 65/66B | €1,209 | €1,182 | -€27 | -2.2% |
| Recurring financial charges | 65 | €1,209 | €1,182 | -€27 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €68,869 | €67,408 | -€1,461 | -2.1% |
| Income taxes | 67/77 | €5,950 | €19,102 | +€13,153 | +221.1% |
| Profit (loss) for the period | 9904 | €62,920 | €48,306 | -€14,614 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,920 | €48,306 | -€14,614 | -23.2% |
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 4 October 2026 via checked.be.