QUICK-SET-GREEN: 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-SET-GREEN
Largest movements
- Receivables within one year +€438,931
up €438,931 (+61.2%), from €717,341 to €1.2m
of which Other amounts receivable: +€389,207
- Receivables after one year +€405,000
up €405,000 (+66.0%), from €614,000 to €1.0m
of which Other amounts receivable: +€395,000
- Profit (loss) carried forward +€599,978
up €599,978 (+6.8%), from €8.8m to €9.4m
- Contributions +€350,000
up €350,000 (+30.1%), from €1.2m to €1.5m
- Short-term financial debts +€350,000
up €350,000, from €0 to €350,000
- Debts after one year -€200,000
down €200,000 (-100%), from €200,000 to €0
- Financial income +€275,052
up €275,052 (+477%), from €57,706 to €332,758
of which Financial income: +€271,803
- Gross operating margin +€82,712
up €82,712 (+38.0%), from €217,803 to €300,515
- Staff costs +€7,129
new in 2025: €7,129
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 | €10,308,361 | €11,402,889 | +€1.1m | +10.6% |
| Fixed assets | 21/28 | €8,880,002 | €8,970,002 | +€90,000 | +1.0% |
| Financial fixed assets | 28 | €8,880,002 | €8,970,002 | +€90,000 | +1.0% |
| Current assets | 29/58 | €1,428,359 | €2,432,887 | +€1.0m | +70.3% |
| Amounts receivable after more than one year | 29 | €614,000 | €1,019,000 | +€405,000 | +66.0% |
| Trade receivables | 290 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 291 | €614,000 | €1,009,000 | +€395,000 | +64.3% |
| Amounts receivable within one year | 40/41 | €717,341 | €1,156,272 | +€438,931 | +61.2% |
| Trade receivables | 40 | €33,276 | €83,000 | +€49,724 | +149% |
| Other amounts receivable | 41 | €684,065 | €1,073,272 | +€389,207 | +56.9% |
| Cash at bank and in hand | 54/58 | €46,610 | €154,640 | +€108,030 | +232% |
| Deferred charges and accrued income | 490/1 | €50,408 | €102,975 | +€52,567 | +104% |
| Total equity and liabilities | 10/49 | €10,308,361 | €11,402,889 | +€1.1m | +10.6% |
| Equity | 10/15 | €9,962,682 | €10,912,660 | +€949,978 | +9.5% |
| Contributions | 10/11 | €1,163,592 | €1,513,592 | +€350,000 | +30.1% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,797,230 | €9,397,208 | +€599,978 | +6.8% |
| Amounts payable | 17/49 | €345,679 | €490,229 | +€144,550 | +41.8% |
| Amounts payable after more than one year | 17 | €200,000 | €0 | -€200,000 | -100% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100% |
| Amounts payable within one year | 42/48 | €128,179 | €490,229 | +€362,050 | +282% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | €350,000 | +€350,000 | |
| Credit institutions | 430/8 | €0 | €350,000 | +€350,000 | |
| Trade debts | 44 | €128,179 | €105,216 | -€22,963 | -17.9% |
| Suppliers | 440/4 | €128,179 | €105,216 | -€22,963 | -17.9% |
| Taxes, remuneration and social security | 45 | - | €35,013 | +€35,013 | |
| Taxes | 450/3 | - | €35,013 | +€35,013 | |
| Accrued charges and deferred income | 492/3 | €17,500 | €0 | -€17,500 | -100% |
| Non-recurring operating income | 76A | €25,000 | €0 | -€25,000 | -100% |
| Remuneration, social security and pensions | 62 | - | €7,129 | +€7,129 | |
| Other operating charges | 640/8 | €1,313 | €2,106 | +€793 | +60.4% |
| Gross operating margin | 9900 | €217,803 | €300,515 | +€82,712 | +38.0% |
| Operating profit (loss) | 9901 | €216,490 | €291,280 | +€74,790 | +34.5% |
| Financial income | 75/76B | €57,706 | €332,758 | +€275,052 | +477% |
| Recurring financial income | 75 | €57,706 | €329,509 | +€271,803 | +471% |
| Non-recurring financial income | 76B | - | €3,249 | +€3,249 | |
| Financial charges | 65/66B | €24,026 | €23,912 | -€114 | -0.5% |
| Recurring financial charges | 65 | €24,026 | €23,912 | -€114 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €250,170 | €600,127 | +€349,956 | +140% |
| Income taxes | 67/77 | - | €148 | +€148 | |
| Profit (loss) for the period | 9904 | €250,170 | €599,978 | +€349,808 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €250,170 | €599,978 | +€349,808 | +140% |
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 19 October 2026 via checked.be.