QUINCHON LAURENCE: 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.
QUINCHON LAURENCE
Largest movements
- Receivables within one year -€105,286
no longer reported in 2025 (was €105,286)
of which Other amounts receivable: -€101,804
- Cash +€46,509
up €46,509 (+177%), from €26,266 to €72,775
mainly Receivables within one year (+€105,286) and Net result for the year (+€59,564)
- Deferred charges and accrued income +€1,886
up €1,886 (+59.8%), from €3,154 to €5,040
- Profit (loss) carried forward -€70,436
down €70,436 (-80.7%), from €87,231 to €16,795
- Tax, wage and social debts +€11,936
up €11,936 (+42.5%), from €28,060 to €39,996
- Trade debts +€2,083
new in 2025: €2,083
- Gross operating margin +€35,164
up €35,164 (+68.4%), from €51,372 to €86,535
- Financial income -€11,109
no longer reported in 2025 (was €11,109)
- Taxes +€6,487
up €6,487 (+35.0%), from €18,520 to €25,006
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 | €135,752 | €79,335 | -€56,417 | -41.6% |
| Fixed assets | 21/28 | €1,046 | €1,520 | +€474 | +45.3% |
| Tangible fixed assets | 22/27 | €1,046 | €1,520 | +€474 | +45.3% |
| Plant, machinery and equipment | 23 | €1,046 | €517 | -€529 | -50.6% |
| Furniture and vehicles | 24 | - | €1,003 | +€1,003 | |
| Current assets | 29/58 | €134,706 | €77,815 | -€56,891 | -42.2% |
| Amounts receivable within one year | 40/41 | €105,286 | - | -€105,286 | |
| Trade receivables | 40 | €3,483 | - | -€3,483 | |
| Other amounts receivable | 41 | €101,804 | - | -€101,804 | |
| Cash at bank and in hand | 54/58 | €26,266 | €72,775 | +€46,509 | +177% |
| Deferred charges and accrued income | 490/1 | €3,154 | €5,040 | +€1,886 | +59.8% |
| Total equity and liabilities | 10/49 | €135,752 | €79,335 | -€56,417 | -41.6% |
| Equity | 10/15 | €107,691 | €37,255 | -€70,436 | -65.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,231 | €16,795 | -€70,436 | -80.7% |
| Amounts payable | 17/49 | €28,060 | €42,079 | +€14,019 | +50.0% |
| Amounts payable within one year | 42/48 | €28,060 | €42,079 | +€14,019 | +50.0% |
| Trade debts | 44 | - | €2,083 | +€2,083 | |
| Suppliers | 440/4 | - | €2,083 | +€2,083 | |
| Taxes, remuneration and social security | 45 | €28,060 | €39,996 | +€11,936 | +42.5% |
| Taxes | 450/3 | €28,060 | €39,996 | +€11,936 | +42.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €529 | €730 | +€201 | +37.9% |
| Other operating charges | 640/8 | €1,106 | €1,005 | -€102 | -9.2% |
| Gross operating margin | 9900 | €51,372 | €86,535 | +€35,164 | +68.4% |
| Operating profit (loss) | 9901 | €49,737 | €84,801 | +€35,065 | +70.5% |
| Financial income | 75/76B | €11,109 | - | -€11,109 | |
| Recurring financial income | 75 | €11,109 | - | -€11,109 | |
| Financial charges | 65/66B | €226 | €231 | +€5 | +2.0% |
| Recurring financial charges | 65 | €226 | €231 | +€5 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €60,620 | €84,570 | +€23,951 | +39.5% |
| Income taxes | 67/77 | €18,520 | €25,006 | +€6,487 | +35.0% |
| Profit (loss) for the period | 9904 | €42,100 | €59,564 | +€17,464 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,100 | €59,564 | +€17,464 | +41.5% |
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 16 October 2026 via checked.be.