Quinconce: 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.
Quinconce
Largest movements
- Cash -€3,076
down €3,076 (-41.2%), from €7,458 to €4,382
mainly Net result for the year (-€4,808) and Other debts (-€795)
- Tangible fixed assets -€2,601
down €2,601 (-3.6%), from €72,136 to €69,535
of which Land and buildings: -€2,157
- Profit (loss) carried forward -€4,808
down €4,808 (-33.5%), from -€14,342 to -€19,150
- Other operating charges -€1,335
down €1,335 (-87.5%), from €1,525 to €190
- Gross operating margin +€1,017
up €1,017 (+34.0%), from -€2,989 to -€1,972
- Financial charges -€741
down €741 (-94.3%), from €786 to €45
- Depreciation +€224
up €224 (+9.4%), from €2,377 to €2,601
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 | €79,962 | €74,092 | -€5,870 | -7.3% |
| Fixed assets | 21/28 | €72,136 | €69,535 | -€2,601 | -3.6% |
| Tangible fixed assets | 22/27 | €72,136 | €69,535 | -€2,601 | -3.6% |
| Land and buildings | 22 | €70,174 | €68,017 | -€2,157 | -3.1% |
| Furniture and vehicles | 24 | €1,962 | €1,518 | -€444 | -22.6% |
| Current assets | 29/58 | €7,826 | €4,557 | -€3,269 | -41.8% |
| Amounts receivable within one year | 40/41 | €368 | €175 | -€193 | -52.4% |
| Other amounts receivable | 41 | €368 | €175 | -€193 | -52.4% |
| Cash at bank and in hand | 54/58 | €7,458 | €4,382 | -€3,076 | -41.2% |
| Total equity and liabilities | 10/49 | €79,962 | €74,092 | -€5,870 | -7.3% |
| Equity | 10/15 | €37,658 | €32,850 | -€4,808 | -12.8% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Capital | 10 | €52,000 | €52,000 | = | 0.0% |
| Issued capital | 100 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,342 | -€19,150 | -€4,808 | -33.5% |
| Amounts payable | 17/49 | €42,304 | €41,242 | -€1,062 | -2.5% |
| Amounts payable within one year | 42/48 | €42,304 | €41,242 | -€1,062 | -2.5% |
| Trade debts | 44 | €388 | €121 | -€267 | -68.8% |
| Suppliers | 440/4 | €388 | €121 | -€267 | -68.8% |
| Other amounts payable | 47/48 | €41,916 | €41,121 | -€795 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,377 | €2,601 | +€224 | +9.4% |
| Other operating charges | 640/8 | €1,525 | €190 | -€1,335 | -87.5% |
| Gross operating margin | 9900 | -€2,989 | -€1,972 | +€1,017 | +34.0% |
| Operating profit (loss) | 9901 | -€6,891 | -€4,763 | +€2,128 | +30.9% |
| Financial charges | 65/66B | €786 | €45 | -€741 | -94.3% |
| Recurring financial charges | 65 | €786 | €45 | -€741 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,677 | -€4,808 | +€2,869 | +37.4% |
| Profit (loss) for the period | 9904 | -€7,677 | -€4,808 | +€2,869 | +37.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,677 | -€4,808 | +€2,869 | +37.4% |
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 2 October 2026 via checked.be.