QUILLIS: 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.
QUILLIS
Largest movements
- Cash +€12,302
up €12,302 (+20.7%), from €59,535 to €71,838
mainly Other debts (+€54,980) and Net result for the year (+€25,827)
- Receivables within one year +€6,403
up €6,403 (+29.0%), from €22,097 to €28,501
of which Trade receivables: +€13,403
- Tangible fixed assets -€2,577
down €2,577 (-19.8%), from €12,997 to €10,420
of which Furniture and vehicles: -€1,791
- Other debts +€54,980
up €54,980 (+8904.7%), from €617 to €55,597
- Reserves -€34,940
down €34,940 (-42.9%), from €81,382 to €46,443
- Tax, wage and social debts -€11,166
down €11,166 (-61.3%), from €18,214 to €7,048
of which Taxes: -€11,666
- Profit (loss) carried forward +€8,404
no longer reported in 2025 (was -€8,404)
- Gross operating margin +€41,183
up €41,183, from -€4,480 to €36,704
- Taxes +€7,918
up €7,918, from -€362 to €7,557
- Other operating charges -€585
down €585 (-46.0%), from €1,271 to €687
- Financial charges -€542
down €542 (-90.4%), from €599 to €58
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 | €95,159 | €111,390 | +€16,231 | +17.1% |
| Fixed assets | 21/28 | €12,997 | €10,420 | -€2,577 | -19.8% |
| Tangible fixed assets | 22/27 | €12,997 | €10,420 | -€2,577 | -19.8% |
| Furniture and vehicles | 24 | €9,272 | €7,481 | -€1,791 | -19.3% |
| Other tangible fixed assets | 26 | €3,724 | €2,939 | -€786 | -21.1% |
| Current assets | 29/58 | €82,162 | €100,970 | +€18,807 | +22.9% |
| Amounts receivable within one year | 40/41 | €22,097 | €28,501 | +€6,403 | +29.0% |
| Trade receivables | 40 | €14,347 | €27,750 | +€13,403 | +93.4% |
| Other amounts receivable | 41 | €7,750 | €750 | -€7,000 | -90.3% |
| Cash at bank and in hand | 54/58 | €59,535 | €71,838 | +€12,302 | +20.7% |
| Deferred charges and accrued income | 490/1 | €529 | €631 | +€102 | +19.2% |
| Total equity and liabilities | 10/49 | €95,159 | €111,390 | +€16,231 | +17.1% |
| Equity | 10/15 | €74,978 | €48,443 | -€26,535 | -35.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €81,382 | €46,443 | -€34,940 | -42.9% |
| Distributable reserves | 133 | €81,382 | €46,443 | -€34,940 | -42.9% |
| Profit (loss) carried forward | 14 | -€8,404 | - | +€8,404 | |
| Amounts payable | 17/49 | €20,181 | €62,947 | +€42,766 | +211.9% |
| Amounts payable within one year | 42/48 | €20,181 | €62,947 | +€42,766 | +211.9% |
| Trade debts | 44 | €1,349 | €302 | -€1,047 | -77.6% |
| Suppliers | 440/4 | €1,349 | €302 | -€1,047 | -77.6% |
| Taxes, remuneration and social security | 45 | €18,214 | €7,048 | -€11,166 | -61.3% |
| Taxes | 450/3 | €18,214 | €6,548 | -€11,666 | -64.1% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | €617 | €55,597 | +€54,980 | +8904.7% |
| Non-recurring operating income | 76A | €5,983 | - | -€5,983 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,416 | €2,577 | +€161 | +6.7% |
| Other operating charges | 640/8 | €1,271 | €687 | -€585 | -46.0% |
| Gross operating margin | 9900 | -€4,480 | €36,704 | +€41,183 | |
| Operating profit (loss) | 9901 | -€8,167 | €33,440 | +€41,607 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +96.8% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +96.8% |
| Financial charges | 65/66B | €599 | €58 | -€542 | -90.4% |
| Recurring financial charges | 65 | €599 | €58 | -€542 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,766 | €33,383 | +€42,149 | |
| Income taxes | 67/77 | -€362 | €7,557 | +€7,918 | |
| Profit (loss) for the period | 9904 | -€8,404 | €25,827 | +€34,231 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,404 | €25,827 | +€34,231 |
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 12 October 2026 via checked.be.