QuickShift: 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.
QuickShift
Largest movements
- Cash +€113,573
up €113,573 (+66.3%), from €171,260 to €284,833
mainly Net result for the year (+€81,381) and Tax, wage and social debts (+€23,520)
- Tangible fixed assets -€4,795
down €4,795 (-29.2%), from €16,432 to €11,637
- Reserves +€81,381
up €81,381 (+47.9%), from €169,729 to €251,110
- Tax, wage and social debts +€23,520
up €23,520 (+78.8%), from €29,860 to €53,380
of which Taxes: +€21,670
- Gross operating margin +€1,669
up €1,669 (+1.6%), from €106,985 to €108,655
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 | €206,358 | €315,365 | +€109,007 | +52.8% |
| Fixed assets | 21/28 | €16,432 | €11,637 | -€4,795 | -29.2% |
| Tangible fixed assets | 22/27 | €16,432 | €11,637 | -€4,795 | -29.2% |
| Furniture and vehicles | 24 | €16,432 | €11,637 | -€4,795 | -29.2% |
| Current assets | 29/58 | €189,926 | €303,728 | +€113,802 | +59.9% |
| Amounts receivable within one year | 40/41 | €17,275 | €17,503 | +€229 | +1.3% |
| Trade receivables | 40 | €17,025 | €17,253 | +€229 | +1.3% |
| Other amounts receivable | 41 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €171,260 | €284,833 | +€113,573 | +66.3% |
| Deferred charges and accrued income | 490/1 | €1,392 | €1,392 | = | 0.0% |
| Total equity and liabilities | 10/49 | €206,358 | €315,365 | +€109,007 | +52.8% |
| Equity | 10/15 | €172,229 | €253,610 | +€81,381 | +47.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €169,729 | €251,110 | +€81,381 | +47.9% |
| Distributable reserves | 133 | €169,729 | €251,110 | +€81,381 | +47.9% |
| Amounts payable | 17/49 | €34,129 | €61,755 | +€27,626 | +80.9% |
| Amounts payable within one year | 42/48 | €32,629 | €60,555 | +€27,926 | +85.6% |
| Trade debts | 44 | €540 | €2,021 | +€1,481 | +274% |
| Suppliers | 440/4 | €540 | €2,021 | +€1,481 | +274% |
| Taxes, remuneration and social security | 45 | €29,860 | €53,380 | +€23,520 | +78.8% |
| Taxes | 450/3 | €29,860 | €51,530 | +€21,670 | +72.6% |
| Remuneration and social security | 454/9 | - | €1,850 | +€1,850 | |
| Other amounts payable | 47/48 | €2,229 | €5,154 | +€2,925 | +131% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,200 | -€300 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,579 | €4,795 | +€216 | +4.7% |
| Other operating charges | 640/8 | €511 | €540 | +€29 | +5.7% |
| Gross operating margin | 9900 | €106,985 | €108,655 | +€1,669 | +1.6% |
| Operating profit (loss) | 9901 | €101,896 | €103,320 | +€1,424 | +1.4% |
| Financial income | 75/76B | €0 | €6 | +€6 | +1,263% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +1,263% |
| Financial charges | 65/66B | €61 | €55 | -€5 | -8.9% |
| Recurring financial charges | 65 | €61 | €55 | -€5 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €101,836 | €103,271 | +€1,435 | +1.4% |
| Income taxes | 67/77 | €21,713 | €21,890 | +€177 | +0.8% |
| Profit (loss) for the period | 9904 | €80,123 | €81,381 | +€1,258 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €80,123 | €81,381 | +€1,258 | +1.6% |
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 15 October 2026 via checked.be.