QUICK PALACE: 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.
QUICK PALACE
Largest movements
- Receivables within one year +€22,362
up €22,362 (+59.2%), from €37,799 to €60,161
of which Other amounts receivable: +€23,102
- Cash +€17,636
up €17,636 (+10.6%), from €166,204 to €183,841
mainly Depreciation (+€32,064) and Net result for the year (+€31,386)
- Tangible fixed assets -€16,763
down €16,763 (-13.1%), from €128,008 to €111,245
of which Furniture and vehicles: -€16,989
- Other debts +€20,000
new in 2025: €20,000
- Profit (loss) carried forward +€7,857
up €7,857 (+3.2%), from €243,717 to €251,573
- Debts after one year -€7,724
down €7,724 (-24.2%), from €31,947 to €24,223
- Tax, wage and social debts +€4,768
up €4,768 (+19.9%), from €23,961 to €28,729
of which Taxes: +€3,832
- Gross operating margin -€78,102
down €78,102 (-40.8%), from €191,556 to €113,454
- Staff costs -€55,667
down €55,667 (-69.1%), from €80,516 to €24,849
- Depreciation +€19,877
up €19,877 (+163%), from €12,187 to €32,064
- Taxes -€5,330
down €5,330 (-27.9%), from €19,128 to €13,798
- Other operating charges -€1,972
down €1,972 (-23.5%), from €8,387 to €6,415
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 | €343,667 | €367,208 | +€23,541 | +6.9% |
| Fixed assets | 21/28 | €133,181 | €116,418 | -€16,763 | -12.6% |
| Tangible fixed assets | 22/27 | €128,008 | €111,245 | -€16,763 | -13.1% |
| Plant, machinery and equipment | 23 | €9,114 | €6,917 | -€2,197 | -24.1% |
| Furniture and vehicles | 24 | €72,576 | €55,587 | -€16,989 | -23.4% |
| Other tangible fixed assets | 26 | €46,318 | €48,740 | +€2,422 | +5.2% |
| Financial fixed assets | 28 | €5,173 | €5,173 | = | 0.0% |
| Current assets | 29/58 | €210,486 | €250,790 | +€40,305 | +19.1% |
| Stocks and contracts in progress | 3 | €6,483 | €6,789 | +€306 | +4.7% |
| Stocks | 30/36 | €6,483 | €6,789 | +€306 | +4.7% |
| Amounts receivable within one year | 40/41 | €37,799 | €60,161 | +€22,362 | +59.2% |
| Trade receivables | 40 | €740 | - | -€740 | |
| Other amounts receivable | 41 | €37,059 | €60,161 | +€23,102 | +62.3% |
| Cash at bank and in hand | 54/58 | €166,204 | €183,841 | +€17,636 | +10.6% |
| Total equity and liabilities | 10/49 | €343,667 | €367,208 | +€23,541 | +6.9% |
| Equity | 10/15 | €265,252 | €273,108 | +€7,857 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,935 | €2,935 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,935 | €2,935 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,935 | €2,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €243,717 | €251,573 | +€7,857 | +3.2% |
| Amounts payable | 17/49 | €78,415 | €94,100 | +€15,685 | +20.0% |
| Amounts payable after more than one year | 17 | €31,947 | €24,223 | -€7,724 | -24.2% |
| Financial debts | 170/4 | €31,947 | €24,223 | -€7,724 | -24.2% |
| Amounts payable within one year | 42/48 | €46,469 | €69,877 | +€23,409 | +50.4% |
| Current portion of amounts payable after more than one year | 42 | €7,773 | €7,934 | +€162 | +2.1% |
| Trade debts | 44 | €14,735 | €13,214 | -€1,521 | -10.3% |
| Suppliers | 440/4 | €14,735 | €13,214 | -€1,521 | -10.3% |
| Taxes, remuneration and social security | 45 | €23,961 | €28,729 | +€4,768 | +19.9% |
| Taxes | 450/3 | €18,489 | €22,321 | +€3,832 | +20.7% |
| Remuneration and social security | 454/9 | €5,472 | €6,408 | +€936 | +17.1% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €80,516 | €24,849 | -€55,667 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,187 | €32,064 | +€19,877 | +163% |
| Other operating charges | 640/8 | €8,387 | €6,415 | -€1,972 | -23.5% |
| Gross operating margin | 9900 | €191,556 | €113,454 | -€78,102 | -40.8% |
| Operating profit (loss) | 9901 | €90,465 | €50,126 | -€40,339 | -44.6% |
| Financial income | 75/76B | €1 | €17 | +€16 | +1,604% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +1,604% |
| Financial charges | 65/66B | €4,041 | €4,959 | +€919 | +22.7% |
| Recurring financial charges | 65 | €4,041 | €4,959 | +€919 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €86,425 | €45,184 | -€41,242 | -47.7% |
| Income taxes | 67/77 | €19,128 | €13,798 | -€5,330 | -27.9% |
| Profit (loss) for the period | 9904 | €67,298 | €31,386 | -€35,912 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €67,298 | €31,386 | -€35,912 | -53.4% |
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 23 October 2026 via checked.be.