QUID: 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.
QUID
Largest movements
- Cash -€29,163
down €29,163 (-70.5%), from €41,366 to €12,204
mainly Net result for the year (-€48,847) and Other debts (-€9,645)
- Tangible fixed assets -€26,632
down €26,632 (-11.6%), from €228,843 to €202,211
of which Land and buildings: -€22,712
- Reserves -€48,847
down €48,847 (-23.1%), from €211,894 to €163,046
of which Distributable reserves: -€48,847
- Other debts -€9,645
down €9,645 (-24.3%), from €39,639 to €29,995
- Trade debts +€3,098
up €3,098 (+37.8%), from €8,192 to €11,290
- Gross operating margin -€39,969
down €39,969, from €20,410 to -€19,560
- Financial charges -€482
down €482 (-49.2%), from €980 to €498
- Taxes -€396
down €396, from €348 to -€48
- Financial income +€337
up €337 (+6740.4%), from €5 to €342
- Other operating charges -€208
down €208 (-7.5%), from €2,755 to €2,547
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 | €274,440 | €218,029 | -€56,411 | -20.6% |
| Fixed assets | 21/28 | €229,218 | €202,586 | -€26,632 | -11.6% |
| Tangible fixed assets | 22/27 | €228,843 | €202,211 | -€26,632 | -11.6% |
| Land and buildings | 22 | €196,393 | €173,681 | -€22,712 | -11.6% |
| Plant, machinery and equipment | 23 | €30,824 | €27,508 | -€3,316 | -10.8% |
| Furniture and vehicles | 24 | €1,627 | €1,022 | -€604 | -37.2% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €45,222 | €15,443 | -€29,778 | -65.9% |
| Amounts receivable within one year | 40/41 | €3,585 | €3,239 | -€346 | -9.6% |
| Other amounts receivable | 41 | €3,585 | €3,239 | -€346 | -9.6% |
| Cash at bank and in hand | 54/58 | €41,366 | €12,204 | -€29,163 | -70.5% |
| Deferred charges and accrued income | 490/1 | €270 | - | -€270 | |
| Total equity and liabilities | 10/49 | €274,440 | €218,029 | -€56,411 | -20.6% |
| Equity | 10/15 | €218,091 | €169,244 | -€48,847 | -22.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €211,894 | €163,046 | -€48,847 | -23.1% |
| Tax-exempt reserves | 132 | €7,851 | €7,851 | = | 0.0% |
| Distributable reserves | 133 | €204,043 | €155,196 | -€48,847 | -23.9% |
| Provisions and deferred taxes | 16 | €7,500 | €7,500 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €7,500 | €7,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €48,849 | €41,285 | -€7,564 | -15.5% |
| Amounts payable within one year | 42/48 | €48,179 | €41,285 | -€6,894 | -14.3% |
| Trade debts | 44 | €8,192 | €11,290 | +€3,098 | +37.8% |
| Suppliers | 440/4 | €8,192 | €11,290 | +€3,098 | +37.8% |
| Taxes, remuneration and social security | 45 | €348 | - | -€348 | |
| Taxes | 450/3 | €348 | - | -€348 | |
| Other amounts payable | 47/48 | €39,639 | €29,995 | -€9,645 | -24.3% |
| Accrued charges and deferred income | 492/3 | €669 | - | -€669 | |
| Non-recurring operating income | 76A | - | €764 | +€764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,696 | €26,632 | -€63 | -0.2% |
| Other operating charges | 640/8 | €2,755 | €2,547 | -€208 | -7.5% |
| Gross operating margin | 9900 | €20,410 | -€19,560 | -€39,969 | |
| Operating profit (loss) | 9901 | -€9,041 | -€48,739 | -€39,698 | -439.1% |
| Financial income | 75/76B | €5 | €342 | +€337 | +6740.4% |
| Recurring financial income | 75 | €5 | €342 | +€337 | +6740.4% |
| Financial charges | 65/66B | €980 | €498 | -€482 | -49.2% |
| Recurring financial charges | 65 | €980 | €498 | -€482 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,016 | -€48,895 | -€38,880 | -388.2% |
| Income taxes | 67/77 | €348 | -€48 | -€396 | |
| Profit (loss) for the period | 9904 | -€10,363 | -€48,847 | -€38,484 | -371.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,363 | -€48,847 | -€38,484 | -371.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.