QUIND: 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.
QUIND
Largest movements
- Cash +€19,566
up €19,566 (+250.9%), from €7,798 to €27,364
mainly Net result for the year (+€24,243) and Depreciation (+€4,834)
- Receivables within one year -€3,530
down €3,530 (-55.0%), from €6,418 to €2,887
of which Trade receivables: -€3,422
- Tangible fixed assets -€2,749
down €2,749 (-9.2%), from €29,866 to €27,117
of which Plant, machinery and equipment: -€3,244
- Profit (loss) carried forward +€24,243
up €24,243, from -€11,603 to €12,641
- Other debts -€16,143
down €16,143 (-34.3%), from €47,117 to €30,973
- Trade debts +€2,499
up €2,499 (+24990.8%), from €10 to €2,509
- Tax, wage and social debts +€1,360
new in 2025: €1,360
- Advances received +€1,300
up €1,300 (+282.6%), from €460 to €1,760
- Gross operating margin +€25,311
up €25,311 (+290.1%), from €8,726 to €34,037
- Other operating charges +€3,645
up €3,645 (+342.6%), from €1,064 to €4,709
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 | €44,081 | €57,883 | +€13,801 | +31.3% |
| Fixed assets | 21/28 | €29,866 | €27,117 | -€2,749 | -9.2% |
| Tangible fixed assets | 22/27 | €29,866 | €27,117 | -€2,749 | -9.2% |
| Plant, machinery and equipment | 23 | €26,466 | €23,222 | -€3,244 | -12.3% |
| Furniture and vehicles | 24 | €1,551 | €2,279 | +€728 | +46.9% |
| Other tangible fixed assets | 26 | €1,849 | €1,617 | -€232 | -12.6% |
| Current assets | 29/58 | €14,216 | €30,765 | +€16,550 | +116.4% |
| Amounts receivable within one year | 40/41 | €6,418 | €2,887 | -€3,530 | -55.0% |
| Trade receivables | 40 | €6,218 | €2,795 | -€3,422 | -55.0% |
| Other amounts receivable | 41 | €200 | €92 | -€108 | -53.9% |
| Cash at bank and in hand | 54/58 | €7,798 | €27,364 | +€19,566 | +250.9% |
| Deferred charges and accrued income | 490/1 | €0 | €514 | +€514 | |
| Total equity and liabilities | 10/49 | €44,081 | €57,883 | +€13,801 | +31.3% |
| Equity | 10/15 | -€3,505 | €20,738 | +€24,243 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,603 | €12,641 | +€24,243 | |
| Amounts payable | 17/49 | €47,587 | €37,145 | -€10,442 | -21.9% |
| Amounts payable within one year | 42/48 | €47,587 | €36,602 | -€10,984 | -23.1% |
| Trade debts | 44 | €10 | €2,509 | +€2,499 | +24990.8% |
| Suppliers | 440/4 | €10 | €2,509 | +€2,499 | +24990.8% |
| Advances received on contracts in progress | 46 | €460 | €1,760 | +€1,300 | +282.6% |
| Taxes, remuneration and social security | 45 | - | €1,360 | +€1,360 | |
| Taxes | 450/3 | - | €1,360 | +€1,360 | |
| Other amounts payable | 47/48 | €47,117 | €30,973 | -€16,143 | -34.3% |
| Accrued charges and deferred income | 492/3 | - | €542 | +€542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,776 | €4,834 | +€59 | +1.2% |
| Other operating charges | 640/8 | €1,064 | €4,709 | +€3,645 | +342.6% |
| Gross operating margin | 9900 | €8,726 | €34,037 | +€25,311 | +290.1% |
| Operating profit (loss) | 9901 | €2,887 | €24,494 | +€21,607 | +748.5% |
| Financial income | 75/76B | €8 | €40 | +€33 | +434.1% |
| Recurring financial income | 75 | €8 | €40 | +€33 | +434.1% |
| Financial charges | 65/66B | €177 | €291 | +€114 | +64.1% |
| Recurring financial charges | 65 | €177 | €291 | +€114 | +64.1% |
| Profit (loss) for the period before taxes | 9903 | €2,717 | €24,243 | +€21,526 | +792.3% |
| Profit (loss) for the period | 9904 | €2,717 | €24,243 | +€21,526 | +792.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,717 | €24,243 | +€21,526 | +792.3% |
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 7 October 2026 via checked.be.