QUICHOTTE: 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.
QUICHOTTE
Largest movements
- Cash +€10,548
up €10,548 (+36.1%), from €29,243 to €39,791
mainly Net result for the year (+€9,414) and Deferred charges and accrued income (+€2,955)
- Deferred charges and accrued income -€2,955
down €2,955 (-97.6%), from €3,029 to €74
- Tangible fixed assets -€2,485
down €2,485 (-21.2%), from €11,722 to €9,238
of which Other tangible fixed assets: -€1,469
- Profit (loss) carried forward +€9,414
up €9,414 (+16.9%), from -€55,637 to -€46,222
- Other debts -€5,263
down €5,263 (-19.3%), from €27,207 to €21,943
- Trade debts +€1,026
up €1,026 (+52.9%), from €1,940 to €2,966
- Gross operating margin +€9,063
up €9,063 (+64.6%), from €14,039 to €23,102
- Staff costs -€5,737
down €5,737 (-39.0%), from €14,694 to €8,957
- Financial charges +€418
up €418 (+97.8%), from €427 to €845
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 | €43,994 | €49,102 | +€5,108 | +11.6% |
| Fixed assets | 21/28 | €11,722 | €9,238 | -€2,485 | -21.2% |
| Tangible fixed assets | 22/27 | €11,722 | €9,238 | -€2,485 | -21.2% |
| Plant, machinery and equipment | 23 | €1,677 | €806 | -€871 | -52.0% |
| Furniture and vehicles | 24 | €144 | - | -€144 | |
| Other tangible fixed assets | 26 | €9,901 | €8,432 | -€1,469 | -14.8% |
| Current assets | 29/58 | €32,272 | €39,865 | +€7,593 | +23.5% |
| Cash at bank and in hand | 54/58 | €29,243 | €39,791 | +€10,548 | +36.1% |
| Deferred charges and accrued income | 490/1 | €3,029 | €74 | -€2,955 | -97.6% |
| Total equity and liabilities | 10/49 | €43,994 | €49,102 | +€5,108 | +11.6% |
| Equity | 10/15 | €12,563 | €21,978 | +€9,414 | +74.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,637 | -€46,222 | +€9,414 | +16.9% |
| Amounts payable | 17/49 | €31,431 | €27,125 | -€4,306 | -13.7% |
| Amounts payable within one year | 42/48 | €31,431 | €27,125 | -€4,306 | -13.7% |
| Trade debts | 44 | €1,940 | €2,966 | +€1,026 | +52.9% |
| Suppliers | 440/4 | €1,940 | €2,966 | +€1,026 | +52.9% |
| Taxes, remuneration and social security | 45 | €2,284 | €2,216 | -€69 | -3.0% |
| Taxes | 450/3 | €642 | €991 | +€348 | +54.2% |
| Remuneration and social security | 454/9 | €1,642 | €1,225 | -€417 | -25.4% |
| Other amounts payable | 47/48 | €27,207 | €21,943 | -€5,263 | -19.3% |
| Remuneration, social security and pensions | 62 | €14,694 | €8,957 | -€5,737 | -39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,597 | €2,485 | -€113 | -4.3% |
| Other operating charges | 640/8 | €1,387 | €1,282 | -€104 | -7.5% |
| Gross operating margin | 9900 | €14,039 | €23,102 | +€9,063 | +64.6% |
| Operating profit (loss) | 9901 | -€4,639 | €10,378 | +€15,017 | |
| Financial charges | 65/66B | €427 | €845 | +€418 | +97.8% |
| Recurring financial charges | 65 | €427 | €845 | +€418 | +97.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,066 | €9,534 | +€14,599 | |
| Income taxes | 67/77 | €147 | €120 | -€28 | -18.9% |
| Profit (loss) for the period | 9904 | -€5,213 | €9,414 | +€14,627 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,213 | €9,414 | +€14,627 |
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 5 October 2026 via checked.be.