Quick Talon: 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.
Quick Talon
Largest movements
- Cash -€15,863
down €15,863 (-53.6%), from €29,585 to €13,722
mainly Trade debts (-€19,806) and Current portion of long-term debt (-€12,538)
- Tangible fixed assets -€6,407
down €6,407 (-3.0%), from €210,711 to €204,304
- Receivables within one year +€3,094
up €3,094 (+67.5%), from €4,585 to €7,679
of which Other amounts receivable: +€2,961
- Profit (loss) carried forward +€20,019
up €20,019 (+437.4%), from €4,577 to €24,596
- Trade debts -€19,806
down €19,806 (-44.9%), from €44,075 to €24,268
- Current portion of long-term debt -€12,538
down €12,538 (-91.2%), from €13,751 to €1,213
- Debts after one year -€8,169
down €8,169 (-4.6%), from €177,549 to €169,380
- Tax, wage and social debts +€5,792
up €5,792 (+54.7%), from €10,582 to €16,373
of which Remuneration and social security: +€7,303
- Gross operating margin -€47,825
down €47,825 (-21.2%), from €225,905 to €178,080
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 | €262,456 | €242,030 | -€20,426 | -7.8% |
| Formation expenses | 20 | €575 | €575 | = | 0.0% |
| Fixed assets | 21/28 | €223,711 | €217,304 | -€6,407 | -2.9% |
| Tangible fixed assets | 22/27 | €210,711 | €204,304 | -€6,407 | -3.0% |
| Plant, machinery and equipment | 23 | €61,129 | €59,345 | -€1,784 | -2.9% |
| Furniture and vehicles | 24 | €4,848 | €2,482 | -€2,366 | -48.8% |
| Other tangible fixed assets | 26 | €144,734 | €142,477 | -€2,257 | -1.6% |
| Financial fixed assets | 28 | €13,000 | €13,000 | = | 0.0% |
| Current assets | 29/58 | €38,170 | €24,151 | -€14,019 | -36.7% |
| Stocks and contracts in progress | 3 | €4,000 | €2,750 | -€1,250 | -31.3% |
| Stocks | 30/36 | €4,000 | €2,750 | -€1,250 | -31.3% |
| Amounts receivable within one year | 40/41 | €4,585 | €7,679 | +€3,094 | +67.5% |
| Trade receivables | 40 | €177 | €311 | +€134 | +75.5% |
| Other amounts receivable | 41 | €4,408 | €7,368 | +€2,961 | +67.2% |
| Cash at bank and in hand | 54/58 | €29,585 | €13,722 | -€15,863 | -53.6% |
| Total equity and liabilities | 10/49 | €262,456 | €242,030 | -€20,426 | -7.8% |
| Equity | 10/15 | €10,777 | €30,796 | +€20,019 | +185.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,577 | €24,596 | +€20,019 | +437.4% |
| Amounts payable | 17/49 | €251,679 | €211,235 | -€40,444 | -16.1% |
| Amounts payable after more than one year | 17 | €177,549 | €169,380 | -€8,169 | -4.6% |
| Financial debts | 170/4 | €177,549 | €169,380 | -€8,169 | -4.6% |
| Amounts payable within one year | 42/48 | €74,130 | €41,855 | -€32,275 | -43.5% |
| Current portion of amounts payable after more than one year | 42 | €13,751 | €1,213 | -€12,538 | -91.2% |
| Trade debts | 44 | €44,075 | €24,268 | -€19,806 | -44.9% |
| Suppliers | 440/4 | €44,075 | €24,268 | -€19,806 | -44.9% |
| Taxes, remuneration and social security | 45 | €10,582 | €16,373 | +€5,792 | +54.7% |
| Taxes | 450/3 | €1,512 | - | -€1,512 | |
| Remuneration and social security | 454/9 | €9,070 | €16,373 | +€7,303 | +80.5% |
| Other amounts payable | 47/48 | €5,723 | - | -€5,723 | |
| Remuneration, social security and pensions | 62 | €141,601 | €142,917 | +€1,316 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,861 | €7,188 | -€1,674 | -18.9% |
| Other operating charges | 640/8 | €2,680 | €3,295 | +€615 | +22.9% |
| Gross operating margin | 9900 | €225,905 | €178,080 | -€47,825 | -21.2% |
| Operating profit (loss) | 9901 | €72,762 | €24,679 | -€48,083 | -66.1% |
| Financial income | 75/76B | €23 | €180 | +€157 | +692.2% |
| Recurring financial income | 75 | €23 | €180 | +€157 | +692.2% |
| Financial charges | 65/66B | €6,563 | €4,666 | -€1,897 | -28.9% |
| Recurring financial charges | 65 | €6,563 | €4,666 | -€1,897 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €66,222 | €20,193 | -€46,029 | -69.5% |
| Income taxes | 67/77 | €171 | €174 | +€4 | +2.1% |
| Profit (loss) for the period | 9904 | €66,051 | €20,019 | -€46,032 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €66,051 | €20,019 | -€46,032 | -69.7% |
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 8 October 2026 via checked.be.