Quinaptis: what changed
What changed
Quinaptis
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€17,351
2023 · €198,263-€180,912
Equity
€1.2m
2023 · €1.2m+€17,351
Cash
€468,226
2023 · €155,687+€312,539
Balance sheet total
€1.6m
2023 · €2.0m-€317,221
Largest movements
Assets
- Receivables within one year -€661,384
down €661,384 (-37.0%), from €1.8m to €1.1m
of which Trade receivables: -€700,459
- Cash +€312,539
up €312,539 (+201%), from €155,687 to €468,226
mainly Receivables within one year (+€661,384) and Net result for the year (+€17,351)
- Tangible fixed assets +€30,973
new in 2024: €30,973
Equity and liabilities
- Trade debts -€202,803
down €202,803 (-48.3%), from €420,102 to €217,299
- Tax, wage and social debts -€135,104
down €135,104 (-53.8%), from €251,125 to €116,021
of which Taxes: -€87,498
Income statement
- Gross operating margin -€571,380
down €571,380 (-49.4%), from €1.2m to €584,535
- Staff costs -€329,834
down €329,834 (-38.1%), from €865,144 to €535,310
- Taxes -€64,667
down €64,667 (-75.3%), from €85,824 to €21,157
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€198,263
Gross operating margin
-€571,380
Staff costs
+€329,834
Depreciation
-€5,395
Other operating charges
-€210
Financial income
-€24
Financial charges
+€1,597
Taxes
+€64,667
Result 2024
€17,351
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€348,907
Investment
-€36,368
Financing
€0
Cash 2023
€155,687
From operations (derived)
+€348,907
Net result for the year
+€17,351
Depreciation
+€5,395
Receivables within one year
+€661,384
Deferred charges and accrued income
-€652
Trade debts
-€202,803
Tax, wage and social debts
-€135,104
Accrued charges and deferred income
+€3,335
Investment (derived)
-€36,368
Investment in fixed assets (net)
-€36,368
Cash 2024
€468,226
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,958,300 | €1,641,079 | -€317,221 | -16.2% |
| Fixed assets | 21/28 | €5,477 | €36,449 | +€30,973 | +566% |
| Tangible fixed assets | 22/27 | - | €30,973 | +€30,973 | |
| Furniture and vehicles | 24 | - | €30,973 | +€30,973 | |
| Financial fixed assets | 28 | €5,477 | €5,477 | = | 0.0% |
| Current assets | 29/58 | €1,952,823 | €1,604,630 | -€348,193 | -17.8% |
| Amounts receivable within one year | 40/41 | €1,789,156 | €1,127,772 | -€661,384 | -37.0% |
| Trade receivables | 40 | €1,703,586 | €1,003,127 | -€700,459 | -41.1% |
| Other amounts receivable | 41 | €85,569 | €124,645 | +€39,075 | +45.7% |
| Cash at bank and in hand | 54/58 | €155,687 | €468,226 | +€312,539 | +201% |
| Deferred charges and accrued income | 490/1 | €7,981 | €8,632 | +€652 | +8.2% |
| Total equity and liabilities | 10/49 | €1,958,300 | €1,641,079 | -€317,221 | -16.2% |
| Equity | 10/15 | €1,229,769 | €1,247,121 | +€17,351 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,211,169 | €1,228,521 | +€17,351 | +1.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €34 | €34 | = | 0.0% |
| Distributable reserves | 133 | €1,209,275 | €1,228,487 | +€19,211 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €728,531 | €393,959 | -€334,572 | -45.9% |
| Amounts payable within one year | 42/48 | €671,226 | €333,320 | -€337,907 | -50.3% |
| Trade debts | 44 | €420,102 | €217,299 | -€202,803 | -48.3% |
| Suppliers | 440/4 | €420,102 | €217,299 | -€202,803 | -48.3% |
| Taxes, remuneration and social security | 45 | €251,125 | €116,021 | -€135,104 | -53.8% |
| Taxes | 450/3 | €146,250 | €58,751 | -€87,498 | -59.8% |
| Remuneration and social security | 454/9 | €104,875 | €57,269 | -€47,605 | -45.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €57,304 | €60,639 | +€3,335 | +5.8% |
| Remuneration, social security and pensions | 62 | €865,144 | €535,310 | -€329,834 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,395 | +€5,395 | |
| Other operating charges | 640/8 | €1,608 | €1,818 | +€210 | +13.0% |
| Gross operating margin | 9900 | €1,155,915 | €584,535 | -€571,380 | -49.4% |
| Operating profit (loss) | 9901 | €289,164 | €42,012 | -€247,151 | -85.5% |
| Financial income | 75/76B | €25 | €1 | -€24 | -95.0% |
| Recurring financial income | 75 | €25 | €1 | -€24 | -95.0% |
| Financial charges | 65/66B | €5,102 | €3,505 | -€1,597 | -31.3% |
| Recurring financial charges | 65 | €5,102 | €3,505 | -€1,597 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €284,087 | €38,508 | -€245,578 | -86.4% |
| Income taxes | 67/77 | €85,824 | €21,157 | -€64,667 | -75.3% |
| Profit (loss) for the period | 9904 | €198,263 | €17,351 | -€180,912 | -91.2% |
| Profit (loss) for the period to be appropriated | 9905 | €198,263 | €17,351 | -€180,912 | -91.2% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.