Quin: what changed
Two fiscal 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.
Quin
Largest movements
- Cash +€48,776
up €48,776 (+97.5%), from €50,039 to €98,815
mainly Net result for the year (+€43,247) and Receivables within one year (+€22,470)
- Receivables within one year -€22,470
down €22,470 (-92.1%), from €24,403 to €1,934
of which Trade receivables: -€22,475
- Tangible fixed assets -€8,917
down €8,917 (-13.8%), from €64,717 to €55,800
- Trade debts +€10,262
new in 2025: €10,262
- Profit (loss) carried forward +€7,953
up €7,953 (+6.8%), from €117,683 to €125,637
- Depreciation -€9,664
down €9,664 (-52.0%), from €18,581 to €8,917
- Gross operating margin -€1,195
down €1,195 (-1.8%), from €65,057 to €63,862
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 | €139,159 | €156,548 | +€17,389 | +12.5% |
| Fixed assets | 21/28 | €64,717 | €55,800 | -€8,917 | -13.8% |
| Tangible fixed assets | 22/27 | €64,717 | €55,800 | -€8,917 | -13.8% |
| Plant, machinery and equipment | 23 | €64,717 | €55,800 | -€8,917 | -13.8% |
| Current assets | 29/58 | €74,442 | €100,749 | +€26,307 | +35.3% |
| Amounts receivable within one year | 40/41 | €24,403 | €1,934 | -€22,470 | -92.1% |
| Trade receivables | 40 | €24,387 | €1,912 | -€22,475 | -92.2% |
| Other amounts receivable | 41 | €17 | €22 | +€5 | +31.3% |
| Cash at bank and in hand | 54/58 | €50,039 | €98,815 | +€48,776 | +97.5% |
| Total equity and liabilities | 10/49 | €139,159 | €156,548 | +€17,389 | +12.5% |
| Equity | 10/15 | €127,683 | €135,637 | +€7,953 | +6.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,683 | €125,637 | +€7,953 | +6.8% |
| Amounts payable | 17/49 | €11,476 | €20,912 | +€9,436 | +82.2% |
| Amounts payable within one year | 42/48 | €11,476 | €20,912 | +€9,436 | +82.2% |
| Trade debts | 44 | - | €10,262 | +€10,262 | |
| Suppliers | 440/4 | - | €10,262 | +€10,262 | |
| Taxes, remuneration and social security | 45 | €10,199 | €9,373 | -€826 | -8.1% |
| Taxes | 450/3 | €10,199 | €9,373 | -€826 | -8.1% |
| Other amounts payable | 47/48 | €1,277 | €1,277 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,581 | €8,917 | -€9,664 | -52.0% |
| Other operating charges | 640/8 | €215 | €203 | -€13 | -5.8% |
| Gross operating margin | 9900 | €65,057 | €63,862 | -€1,195 | -1.8% |
| Operating profit (loss) | 9901 | €46,261 | €54,742 | +€8,481 | +18.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €146 | €162 | +€16 | +10.9% |
| Recurring financial charges | 65 | €146 | €162 | +€16 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €46,115 | €54,580 | +€8,465 | +18.4% |
| Income taxes | 67/77 | €11,971 | €11,333 | -€638 | -5.3% |
| Profit (loss) for the period | 9904 | €34,144 | €43,247 | +€9,103 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,144 | €43,247 | +€9,103 | +26.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.