QUIET&LOUD: 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.
QUIET&LOUD
Largest movements
- Cash +€3,782
up €3,782 (+46.4%), from €8,154 to €11,936
mainly Net result for the year (+€2,001) and Trade debts (+€1,735)
- Receivables within one year +€1,709
up €1,709 (+5.2%), from €33,032 to €34,741
of which Other amounts receivable: +€6,230
- Tangible fixed assets -€1,314
down €1,314 (-100%), from €1,314 to €0
of which Furniture and vehicles: -€1,314
- Deferred charges and accrued income -€831
down €831 (-76.2%), from €1,090 to €259
- Reserves +€2,001
up €2,001 (+16.9%), from €11,843 to €13,844
of which Distributable reserves: +€2,001
- Trade debts +€1,735
up €1,735 (+9.8%), from €17,637 to €19,372
- Other operating charges +€2,405
up €2,405 (+401%), from €600 to €3,005
- Gross operating margin +€1,834
up €1,834 (+24.9%), from €7,356 to €9,189
- Depreciation -€1,576
down €1,576 (-54.5%), from €2,890 to €1,314
- Taxes +€644
up €644 (+32.5%), from €1,981 to €2,625
- Financial charges -€494
down €494 (-49.1%), from €1,005 to €512
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 | €43,590 | €46,936 | +€3,346 | +7.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,314 | €0 | -€1,314 | -100% |
| Tangible fixed assets | 22/27 | €1,314 | €0 | -€1,314 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,314 | €0 | -€1,314 | -100% |
| Current assets | 29/58 | €42,276 | €46,936 | +€4,660 | +11.0% |
| Amounts receivable within one year | 40/41 | €33,032 | €34,741 | +€1,709 | +5.2% |
| Trade receivables | 40 | €31,774 | €27,252 | -€4,522 | -14.2% |
| Other amounts receivable | 41 | €1,258 | €7,489 | +€6,230 | +495% |
| Cash at bank and in hand | 54/58 | €8,154 | €11,936 | +€3,782 | +46.4% |
| Deferred charges and accrued income | 490/1 | €1,090 | €259 | -€831 | -76.2% |
| Total equity and liabilities | 10/49 | €43,590 | €46,936 | +€3,346 | +7.7% |
| Equity | 10/15 | €18,043 | €20,044 | +€2,001 | +11.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,843 | €13,844 | +€2,001 | +16.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €9,983 | €11,984 | +€2,001 | +20.0% |
| Amounts payable | 17/49 | €25,547 | €26,892 | +€1,345 | +5.3% |
| Amounts payable within one year | 42/48 | €25,547 | €26,892 | +€1,345 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €2,756 | €2,758 | +€2 | +0.1% |
| Trade debts | 44 | €17,637 | €19,372 | +€1,735 | +9.8% |
| Suppliers | 440/4 | €17,637 | €19,372 | +€1,735 | +9.8% |
| Taxes, remuneration and social security | 45 | €5,153 | €4,761 | -€392 | -7.6% |
| Taxes | 450/3 | €5,153 | €4,761 | -€392 | -7.6% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,890 | €1,314 | -€1,576 | -54.5% |
| Other operating charges | 640/8 | €600 | €3,005 | +€2,405 | +401% |
| Gross operating margin | 9900 | €7,356 | €9,189 | +€1,834 | +24.9% |
| Operating profit (loss) | 9901 | €3,866 | €4,870 | +€1,004 | +26.0% |
| Financial income | 75/76B | €7 | €268 | +€260 | +3,583% |
| Recurring financial income | 75 | €7 | €268 | +€260 | +3,583% |
| Financial charges | 65/66B | €1,005 | €512 | -€494 | -49.1% |
| Recurring financial charges | 65 | €1,005 | €512 | -€494 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €2,868 | €4,626 | +€1,758 | +61.3% |
| Income taxes | 67/77 | €1,981 | €2,625 | +€644 | +32.5% |
| Profit (loss) for the period | 9904 | €887 | €2,001 | +€1,114 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €887 | €2,001 | +€1,114 | +126% |
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 23 October 2026 via checked.be.