QUIET STRENGTH: 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 STRENGTH
Largest movements
- Receivables within one year +€108,496
up €108,496 (+1,788%), from €6,069 to €114,565
of which Trade receivables: +€108,880
- Cash -€88,463
down €88,463 (-84.6%), from €104,608 to €16,145
mainly Receivables within one year (-€108,496) and Other debts (-€16,491)
- Tangible fixed assets -€6,677
down €6,677 (-50.4%), from €13,251 to €6,574
- Profit (loss) carried forward +€23,173
new in 2025: €23,173
- Other debts -€16,491
down €16,491 (-16.7%), from €98,647 to €82,156
- Tax, wage and social debts +€6,711
up €6,711 (+34.4%), from €19,521 to €26,232
of which Taxes: +€6,711
- Gross operating margin -€3,223
down €3,223 (-7.7%), from €42,088 to €38,865
- Other operating charges -€1,373
down €1,373 (-95.1%), from €1,443 to €70
- Depreciation +€1,290
up €1,290 (+22.2%), from €5,818 to €7,108
- Taxes -€425
down €425 (-5.2%), from €8,237 to €7,813
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 | €124,653 | €137,626 | +€12,972 | +10.4% |
| Fixed assets | 21/28 | €13,436 | €6,759 | -€6,677 | -49.7% |
| Tangible fixed assets | 22/27 | €13,251 | €6,574 | -€6,677 | -50.4% |
| Furniture and vehicles | 24 | €13,251 | €6,574 | -€6,677 | -50.4% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €111,217 | €130,867 | +€19,649 | +17.7% |
| Amounts receivable within one year | 40/41 | €6,069 | €114,565 | +€108,496 | +1,788% |
| Trade receivables | 40 | €4,906 | €113,786 | +€108,880 | +2,219% |
| Other amounts receivable | 41 | €1,163 | €779 | -€384 | -33.0% |
| Cash at bank and in hand | 54/58 | €104,608 | €16,145 | -€88,463 | -84.6% |
| Deferred charges and accrued income | 490/1 | €541 | €157 | -€383 | -70.9% |
| Total equity and liabilities | 10/49 | €124,653 | €137,626 | +€12,972 | +10.4% |
| Equity | 10/15 | €500 | €23,673 | +€23,173 | +4,635% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €23,173 | +€23,173 | |
| Amounts payable | 17/49 | €124,153 | €113,953 | -€10,201 | -8.2% |
| Amounts payable within one year | 42/48 | €124,153 | €113,953 | -€10,201 | -8.2% |
| Trade debts | 44 | €5,985 | €5,565 | -€420 | -7.0% |
| Suppliers | 440/4 | €5,985 | €5,565 | -€420 | -7.0% |
| Taxes, remuneration and social security | 45 | €19,521 | €26,232 | +€6,711 | +34.4% |
| Taxes | 450/3 | €16,796 | €23,507 | +€6,711 | +40.0% |
| Remuneration and social security | 454/9 | €2,725 | €2,725 | = | 0.0% |
| Other amounts payable | 47/48 | €98,647 | €82,156 | -€16,491 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,818 | €7,108 | +€1,290 | +22.2% |
| Other operating charges | 640/8 | €1,443 | €70 | -€1,373 | -95.1% |
| Gross operating margin | 9900 | €42,088 | €38,865 | -€3,223 | -7.7% |
| Operating profit (loss) | 9901 | €34,828 | €31,687 | -€3,141 | -9.0% |
| Financial income | 75/76B | €24 | - | -€24 | |
| Recurring financial income | 75 | €24 | - | -€24 | |
| Financial charges | 65/66B | €308 | €701 | +€393 | +128% |
| Recurring financial charges | 65 | €308 | €701 | +€393 | +128% |
| Profit (loss) for the period before taxes | 9903 | €34,543 | €30,986 | -€3,557 | -10.3% |
| Income taxes | 67/77 | €8,237 | €7,813 | -€425 | -5.2% |
| Profit (loss) for the period | 9904 | €26,306 | €23,173 | -€3,133 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,306 | €23,173 | -€3,133 | -11.9% |
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 26 October 2026 via checked.be.