Quickshift: 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.
Quickshift
Largest movements
- Current investments +€22,956
new in 2025: €22,956
- Cash -€6,826
down €6,826 (-15.2%), from €44,928 to €38,102
mainly Current investments (-€22,956) and Investment in fixed assets (net) (-€5,290)
- Receivables within one year +€3,889
up €3,889 (+30.4%), from €12,798 to €16,687
of which Other amounts receivable: +€4,062
- Tangible fixed assets +€2,379
up €2,379 (+13.5%), from €17,673 to €20,052
of which Other tangible fixed assets: +€4,608
- Reserves +€16,625
up €16,625 (+45.5%), from €36,562 to €53,187
- Trade debts +€6,761
up €6,761 (+430.8%), from €1,570 to €8,331
- Tax, wage and social debts -€1,388
down €1,388 (-10.5%), from €13,198 to €11,810
- Gross operating margin -€11,394
down €11,394 (-28.4%), from €40,153 to €28,759
- Taxes -€5,350
down €5,350 (-45.5%), from €11,762 to €6,412
- Depreciation +€1,441
up €1,441 (+98.0%), from €1,471 to €2,911
- Other operating charges +€453
up €453 (+64.3%), from €705 to €1,158
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 | €76,016 | €98,606 | +€22,589 | +29.7% |
| Fixed assets | 21/28 | €17,673 | €20,052 | +€2,379 | +13.5% |
| Tangible fixed assets | 22/27 | €17,673 | €20,052 | +€2,379 | +13.5% |
| Plant, machinery and equipment | 23 | €1,238 | €1,171 | -€66 | -5.4% |
| Furniture and vehicles | 24 | €16,435 | €14,272 | -€2,163 | -13.2% |
| Other tangible fixed assets | 26 | - | €4,608 | +€4,608 | |
| Current assets | 29/58 | €58,343 | €78,554 | +€20,210 | +34.6% |
| Amounts receivable within one year | 40/41 | €12,798 | €16,687 | +€3,889 | +30.4% |
| Trade receivables | 40 | €12,643 | €12,470 | -€173 | -1.4% |
| Other amounts receivable | 41 | €155 | €4,217 | +€4,062 | +2628.8% |
| Current investments | 50/53 | - | €22,956 | +€22,956 | |
| Cash at bank and in hand | 54/58 | €44,928 | €38,102 | -€6,826 | -15.2% |
| Deferred charges and accrued income | 490/1 | €617 | €809 | +€191 | +31.0% |
| Total equity and liabilities | 10/49 | €76,016 | €98,606 | +€22,589 | +29.7% |
| Equity | 10/15 | €39,562 | €56,187 | +€16,625 | +42.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €36,562 | €53,187 | +€16,625 | +45.5% |
| Distributable reserves | 133 | €36,562 | €53,187 | +€16,625 | +45.5% |
| Amounts payable | 17/49 | €36,454 | €42,419 | +€5,964 | +16.4% |
| Amounts payable within one year | 42/48 | €34,810 | €40,952 | +€6,142 | +17.6% |
| Trade debts | 44 | €1,570 | €8,331 | +€6,761 | +430.8% |
| Suppliers | 440/4 | €1,570 | €8,331 | +€6,761 | +430.8% |
| Taxes, remuneration and social security | 45 | €13,198 | €11,810 | -€1,388 | -10.5% |
| Taxes | 450/3 | €13,198 | €11,810 | -€1,388 | -10.5% |
| Other amounts payable | 47/48 | €20,043 | €20,811 | +€768 | +3.8% |
| Accrued charges and deferred income | 492/3 | €1,644 | €1,466 | -€178 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,471 | €2,911 | +€1,441 | +98.0% |
| Other operating charges | 640/8 | €705 | €1,158 | +€453 | +64.3% |
| Gross operating margin | 9900 | €40,153 | €28,759 | -€11,394 | -28.4% |
| Operating profit (loss) | 9901 | €37,978 | €24,689 | -€13,288 | -35.0% |
| Financial income | 75/76B | €31 | €18 | -€14 | -44.0% |
| Recurring financial income | 75 | €31 | €18 | -€14 | -44.0% |
| Financial charges | 65/66B | €1,685 | €1,670 | -€15 | -0.9% |
| Recurring financial charges | 65 | €1,685 | €1,670 | -€15 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €36,324 | €23,037 | -€13,287 | -36.6% |
| Income taxes | 67/77 | €11,762 | €6,412 | -€5,350 | -45.5% |
| Profit (loss) for the period | 9904 | €24,562 | €16,625 | -€7,937 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,562 | €16,625 | -€7,937 | -32.3% |
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 7 October 2026 via checked.be.