QUIA: 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.
QUIA
Largest movements
- Cash +€102,842
up €102,842 (+78.7%), from €130,742 to €233,584
mainly Net result for the year (+€190,893) and Depreciation (+€63,976)
- Intangible fixed assets -€58,500
down €58,500 (-25.0%), from €234,000 to €175,500
- Receivables within one year -€52,319
down €52,319 (-46.3%), from €113,015 to €60,696
of which Other amounts receivable: -€52,867
- Deferred charges and accrued income +€6,053
up €6,053 (+36.0%), from €16,822 to €22,875
- Debts after one year -€30,000
down €30,000 (-25.5%), from €117,500 to €87,500
- Other debts +€14,823
up €14,823 (+8.4%), from €177,101 to €191,924
- Reserves +€5,893
up €5,893 (+4.3%), from €136,185 to €142,078
- Gross operating margin +€16,930
up €16,930 (+4.6%), from €366,492 to €383,423
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.
Derived cash bridge
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 | €505,065 | €499,607 | -€5,458 | -1.1% |
| Fixed assets | 21/28 | €244,486 | €182,452 | -€62,034 | -25.4% |
| Intangible fixed assets | 21 | €234,000 | €175,500 | -€58,500 | -25.0% |
| Tangible fixed assets | 22/27 | €10,486 | €6,952 | -€3,534 | -33.7% |
| Furniture and vehicles | 24 | €10,486 | €6,952 | -€3,534 | -33.7% |
| Current assets | 29/58 | €260,579 | €317,156 | +€56,577 | +21.7% |
| Amounts receivable within one year | 40/41 | €113,015 | €60,696 | -€52,319 | -46.3% |
| Trade receivables | 40 | €39,897 | €40,445 | +€548 | +1.4% |
| Other amounts receivable | 41 | €73,118 | €20,251 | -€52,867 | -72.3% |
| Cash at bank and in hand | 54/58 | €130,742 | €233,584 | +€102,842 | +78.7% |
| Deferred charges and accrued income | 490/1 | €16,822 | €22,875 | +€6,053 | +36.0% |
| Total equity and liabilities | 10/49 | €505,065 | €499,607 | -€5,458 | -1.1% |
| Equity | 10/15 | €154,785 | €160,678 | +€5,893 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,185 | €142,078 | +€5,893 | +4.3% |
| Distributable reserves | 133 | €136,185 | €142,078 | +€5,893 | +4.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €350,280 | €338,930 | -€11,350 | -3.2% |
| Amounts payable after more than one year | 17 | €117,500 | €87,500 | -€30,000 | -25.5% |
| Financial debts | 170/4 | €117,500 | €87,500 | -€30,000 | -25.5% |
| Amounts payable within one year | 42/48 | €230,122 | €250,311 | +€20,189 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €9,290 | €14,301 | +€5,010 | +53.9% |
| Suppliers | 440/4 | €9,290 | €14,301 | +€5,010 | +53.9% |
| Taxes, remuneration and social security | 45 | €13,731 | €14,086 | +€356 | +2.6% |
| Remuneration and social security | 454/9 | €13,731 | €14,086 | +€356 | +2.6% |
| Other amounts payable | 47/48 | €177,101 | €191,924 | +€14,823 | +8.4% |
| Accrued charges and deferred income | 492/3 | €2,658 | €1,119 | -€1,539 | -57.9% |
| Remuneration, social security and pensions | 62 | €118,475 | €121,377 | +€2,902 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,163 | €63,976 | -€187 | -0.3% |
| Other operating charges | 640/8 | €692 | €830 | +€138 | +19.9% |
| Gross operating margin | 9900 | €366,492 | €383,423 | +€16,930 | +4.6% |
| Operating profit (loss) | 9901 | €183,163 | €197,240 | +€14,077 | +7.7% |
| Financial income | 75/76B | - | €354 | +€354 | |
| Recurring financial income | 75 | - | €354 | +€354 | |
| Financial charges | 65/66B | €2,171 | €1,847 | -€324 | -14.9% |
| Recurring financial charges | 65 | €2,171 | €1,847 | -€324 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €180,992 | €195,747 | +€14,755 | +8.2% |
| Income taxes | 67/77 | €4,882 | €4,854 | -€28 | -0.6% |
| Profit (loss) for the period | 9904 | €176,110 | €190,893 | +€14,783 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €176,110 | €190,893 | +€14,783 | +8.4% |
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 25 October 2026 via checked.be.