Quimar: 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.
Quimar
Largest movements
- Cash +€518,618
up €518,618 (+324%), from €160,234 to €678,852
mainly Receivables within one year (+€336,978) and Other debts (+€185,000)
- Receivables within one year -€336,978
down €336,978 (-25.3%), from €1.3m to €997,320
of which Other amounts receivable: -€349,897
- Other debts +€185,000
up €185,000 (+18,500%), from €1,000 to €186,000
- Financial income +€77,208
up €77,208 (+70.6%), from €109,368 to €186,576
- Gross operating margin +€54,462
up €54,462, from -€21,258 to €33,204
- Taxes +€11,715
up €11,715 (+184%), from €6,371 to €18,085
- Depreciation +€1,508
up €1,508 (+7.0%), from €21,523 to €23,030
- Other operating charges +€601
up €601 (+23.8%), from €2,523 to €3,124
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 | €1,564,553 | €1,752,045 | +€187,492 | +12.0% |
| Fixed assets | 21/28 | €68,167 | €74,137 | +€5,970 | +8.8% |
| Tangible fixed assets | 22/27 | €68,167 | €74,137 | +€5,970 | +8.8% |
| Furniture and vehicles | 24 | €68,167 | €74,137 | +€5,970 | +8.8% |
| Current assets | 29/58 | €1,496,386 | €1,677,908 | +€181,523 | +12.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,334,298 | €997,320 | -€336,978 | -25.3% |
| Trade receivables | 40 | - | €12,919 | +€12,919 | |
| Other amounts receivable | 41 | €1,334,298 | €984,401 | -€349,897 | -26.2% |
| Cash at bank and in hand | 54/58 | €160,234 | €678,852 | +€518,618 | +324% |
| Deferred charges and accrued income | 490/1 | €1,853 | €1,736 | -€117 | -6.3% |
| Total equity and liabilities | 10/49 | €1,564,553 | €1,752,045 | +€187,492 | +12.0% |
| Equity | 10/15 | €1,513,700 | €1,503,914 | -€9,787 | -0.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,501,300 | €1,491,514 | -€9,787 | -0.7% |
| Tax-exempt reserves | 132 | €14,013 | €14,013 | = | 0.0% |
| Distributable reserves | 133 | €1,487,287 | €1,477,500 | -€9,787 | -0.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €50,853 | €248,132 | +€197,279 | +388% |
| Amounts payable within one year | 42/48 | €50,853 | €248,132 | +€197,279 | +388% |
| Financial debts | 43 | €1,540 | €598 | -€942 | -61.1% |
| Credit institutions | 430/8 | €1,540 | €598 | -€942 | -61.1% |
| Trade debts | 44 | €33,543 | €36,162 | +€2,619 | +7.8% |
| Suppliers | 440/4 | €33,543 | €36,162 | +€2,619 | +7.8% |
| Advances received on contracts in progress | 46 | €400 | €0 | -€400 | -100% |
| Taxes, remuneration and social security | 45 | €14,370 | €25,371 | +€11,002 | +76.6% |
| Taxes | 450/3 | €14,370 | €25,371 | +€11,002 | +76.6% |
| Other amounts payable | 47/48 | €1,000 | €186,000 | +€185,000 | +18,500% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | €21,800 | +€21,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,523 | €23,030 | +€1,508 | +7.0% |
| Other operating charges | 640/8 | €2,523 | €3,124 | +€601 | +23.8% |
| Gross operating margin | 9900 | -€21,258 | €33,204 | +€54,462 | |
| Operating profit (loss) | 9901 | -€45,304 | €7,050 | +€52,354 | |
| Financial income | 75/76B | €109,368 | €186,576 | +€77,208 | +70.6% |
| Recurring financial income | 75 | €109,368 | €186,576 | +€77,208 | +70.6% |
| Financial charges | 65/66B | €251 | €327 | +€76 | +30.5% |
| Recurring financial charges | 65 | €251 | €327 | +€76 | +30.5% |
| Profit (loss) for the period before taxes | 9903 | €63,814 | €193,299 | +€129,485 | +203% |
| Income taxes | 67/77 | €6,371 | €18,085 | +€11,715 | +184% |
| Profit (loss) for the period | 9904 | €57,443 | €175,213 | +€117,771 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €57,443 | €175,213 | +€117,771 | +205% |
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 20 October 2026 via checked.be.