QUIEMI: 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.
QUIEMI
Largest movements
- Deferred charges and accrued income -€47,000
down €47,000 (-100%), from €47,000 to €0
- Receivables after one year -€17,661
down €17,661 (-33.3%), from €53,000 to €35,340
- Receivables within one year +€6,000
new in 2025: €6,000
- Profit (loss) carried forward -€35,178
new in 2025: -€35,178
- Debts after one year -€19,522
down €19,522 (-7.0%), from €279,012 to €259,490
- Tax, wage and social debts -€4,061
down €4,061 (-52.1%), from €7,791 to €3,730
- Gross operating margin -€78,531
down €78,531, from €55,653 to -€22,879
- Depreciation -€19,078
down €19,078 (-100%), from €19,078 to €0
- Taxes -€7,730
down €7,730 (-100%), from €7,730 to €0
- Financial charges -€752
down €752 (-5.8%), from €12,977 to €12,224
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 | €398,375 | €339,312 | -€59,063 | -14.8% |
| Fixed assets | 21/28 | €295,873 | €295,873 | = | 0.0% |
| Tangible fixed assets | 22/27 | €295,873 | €295,873 | = | 0.0% |
| Land and buildings | 22 | €294,689 | €294,689 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,184 | €1,184 | = | 0.0% |
| Current assets | 29/58 | €102,502 | €43,439 | -€59,063 | -57.6% |
| Amounts receivable after more than one year | 29 | €53,000 | €35,340 | -€17,661 | -33.3% |
| Other amounts receivable | 291 | €53,000 | €35,340 | -€17,661 | -33.3% |
| Amounts receivable within one year | 40/41 | - | €6,000 | +€6,000 | |
| Other amounts receivable | 41 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €2,502 | €2,100 | -€402 | -16.1% |
| Deferred charges and accrued income | 490/1 | €47,000 | €0 | -€47,000 | -100% |
| Total equity and liabilities | 10/49 | €398,375 | €339,312 | -€59,063 | -14.8% |
| Equity | 10/15 | €79,017 | €43,839 | -€35,178 | -44.5% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €24,017 | €24,017 | = | 0.0% |
| Distributable reserves | 133 | €24,017 | €24,017 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€35,178 | -€35,178 | |
| Amounts payable | 17/49 | €319,358 | €295,473 | -€23,885 | -7.5% |
| Amounts payable after more than one year | 17 | €279,012 | €259,490 | -€19,522 | -7.0% |
| Financial debts | 170/4 | €279,012 | €259,490 | -€19,522 | -7.0% |
| Amounts payable within one year | 42/48 | €39,314 | €35,012 | -€4,302 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €20,411 | €21,020 | +€609 | +3.0% |
| Trade debts | 44 | - | €190 | +€190 | |
| Suppliers | 440/4 | - | €190 | +€190 | |
| Taxes, remuneration and social security | 45 | €7,791 | €3,730 | -€4,061 | -52.1% |
| Taxes | 450/3 | €7,791 | €3,730 | -€4,061 | -52.1% |
| Other amounts payable | 47/48 | €11,112 | €10,072 | -€1,040 | -9.4% |
| Accrued charges and deferred income | 492/3 | €1,032 | €971 | -€61 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,078 | €0 | -€19,078 | -100% |
| Other operating charges | 640/8 | €1,482 | €1,414 | -€67 | -4.5% |
| Gross operating margin | 9900 | €55,653 | -€22,879 | -€78,531 | |
| Operating profit (loss) | 9901 | €35,094 | -€24,293 | -€59,386 | |
| Financial income | 75/76B | €1,516 | €1,340 | -€176 | -11.6% |
| Recurring financial income | 75 | €1,516 | €1,340 | -€176 | -11.6% |
| Financial charges | 65/66B | €12,977 | €12,224 | -€752 | -5.8% |
| Recurring financial charges | 65 | €12,977 | €12,224 | -€752 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €23,633 | -€35,178 | -€58,811 | |
| Income taxes | 67/77 | €7,730 | €0 | -€7,730 | -100% |
| Profit (loss) for the period | 9904 | €15,903 | -€35,178 | -€51,080 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,903 | -€35,178 | -€51,080 |
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 22 October 2026 via checked.be.