Quidé Projects: 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.
Quidé Projects
Largest movements
- Receivables within one year +€74,561
up €74,561 (+575.5%), from €12,957 to €87,518
of which Other amounts receivable: +€64,278
- Cash -€29,864
down €29,864 (-37.6%), from €79,434 to €49,570
mainly Receivables within one year (-€74,561) and Investment in fixed assets (net) (-€5,431)
- Tangible fixed assets -€2,379
down €2,379 (-12.4%), from €19,179 to €16,800
of which Plant, machinery and equipment: -€6,850
- Deferred charges and accrued income -€2,179
down €2,179 (-46.8%), from €4,652 to €2,473
- Reserves +€39,820
up €39,820 (+43.2%), from €92,202 to €132,022
- Trade debts +€4,277
up €4,277 (+82.3%), from €5,195 to €9,472
- Other debts -€2,148
down €2,148 (-71.7%), from €2,998 to €850
- Tax, wage and social debts -€2,016
down €2,016 (-15.4%), from €13,123 to €11,107
of which Taxes: -€1,866
- Gross operating margin -€5,359
down €5,359 (-7.6%), from €70,143 to €64,785
- Financial income +€1,659
up €1,659 (+2766.2%), from €60 to €1,719
- Taxes -€1,313
down €1,313 (-7.7%), from €17,105 to €15,792
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,832 | €160,003 | +€41,171 | +34.6% |
| Fixed assets | 21/28 | €20,290 | €17,911 | -€2,379 | -11.7% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -17.2% |
| Tangible fixed assets | 22/27 | €19,179 | €16,800 | -€2,379 | -12.4% |
| Plant, machinery and equipment | 23 | €16,347 | €9,498 | -€6,850 | -41.9% |
| Furniture and vehicles | 24 | €2,832 | €7,302 | +€4,470 | +157.9% |
| Financial fixed assets | 28 | €1,110 | €1,110 | = | 0.0% |
| Current assets | 29/58 | €98,542 | €142,092 | +€43,550 | +44.2% |
| Stocks and contracts in progress | 3 | €1,500 | €2,531 | +€1,031 | +68.8% |
| Stocks | 30/36 | €1,500 | €2,531 | +€1,031 | +68.8% |
| Amounts receivable within one year | 40/41 | €12,957 | €87,518 | +€74,561 | +575.5% |
| Trade receivables | 40 | €12,957 | €23,241 | +€10,284 | +79.4% |
| Other amounts receivable | 41 | €0 | €64,278 | +€64,278 | |
| Cash at bank and in hand | 54/58 | €79,434 | €49,570 | -€29,864 | -37.6% |
| Deferred charges and accrued income | 490/1 | €4,652 | €2,473 | -€2,179 | -46.8% |
| Total equity and liabilities | 10/49 | €118,832 | €160,003 | +€41,171 | +34.6% |
| Equity | 10/15 | €97,202 | €137,022 | +€39,820 | +41.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €92,202 | €132,022 | +€39,820 | +43.2% |
| Distributable reserves | 133 | €92,202 | €132,022 | +€39,820 | +43.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €21,630 | €22,981 | +€1,351 | +6.2% |
| Amounts payable within one year | 42/48 | €21,316 | €21,429 | +€113 | +0.5% |
| Trade debts | 44 | €5,195 | €9,472 | +€4,277 | +82.3% |
| Suppliers | 440/4 | €5,195 | €9,472 | +€4,277 | +82.3% |
| Taxes, remuneration and social security | 45 | €13,123 | €11,107 | -€2,016 | -15.4% |
| Taxes | 450/3 | €12,973 | €11,107 | -€1,866 | -14.4% |
| Remuneration and social security | 454/9 | €150 | €0 | -€150 | -100.0% |
| Other amounts payable | 47/48 | €2,998 | €850 | -€2,148 | -71.7% |
| Accrued charges and deferred income | 492/3 | €314 | €1,552 | +€1,238 | +394.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,156 | €7,810 | -€346 | -4.2% |
| Other operating charges | 640/8 | €1,178 | €1,213 | +€35 | +3.0% |
| Gross operating margin | 9900 | €70,143 | €64,785 | -€5,359 | -7.6% |
| Operating profit (loss) | 9901 | €60,809 | €55,761 | -€5,048 | -8.3% |
| Financial income | 75/76B | €60 | €1,719 | +€1,659 | +2766.2% |
| Recurring financial income | 75 | €60 | €1,719 | +€1,659 | +2766.2% |
| Financial charges | 65/66B | €915 | €1,019 | +€103 | +11.3% |
| Recurring financial charges | 65 | €915 | €1,019 | +€103 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €59,954 | €56,462 | -€3,492 | -5.8% |
| Income taxes | 67/77 | €17,105 | €15,792 | -€1,313 | -7.7% |
| Profit (loss) for the period | 9904 | €42,849 | €40,670 | -€2,179 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,849 | €40,670 | -€2,179 | -5.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.