QUINE & PARTNERS: 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.
QUINE & PARTNERS
Largest movements
- Cash +€74,108
up €74,108 (+362%), from €20,499 to €94,607
mainly Net result for the year (+€65,606) and Other debts (+€56,698)
- Receivables within one year -€9,738
down €9,738 (-13.1%), from €74,521 to €64,783
of which Trade receivables: -€11,760
- Tangible fixed assets -€6,197
down €6,197 (-26.0%), from €23,792 to €17,596
of which Land and buildings: -€3,778
- Other debts +€56,698
up €56,698 (+60.2%), from €94,118 to €150,816
- Tax, wage and social debts +€5,995
up €5,995 (+22.9%), from €26,136 to €32,131
of which Remuneration and social security: +€4,100
- Trade debts -€3,737
down €3,737 (-91.1%), from €4,103 to €366
- Gross operating margin -€27,888
down €27,888 (-24.8%), from €112,442 to €84,554
- Taxes -€13,520
down €13,520 (-62.0%), from €21,791 to €8,271
- Depreciation -€2,660
down €2,660 (-20.9%), from €12,756 to €10,097
- Financial income -€2,144
down €2,144 (-97.6%), from €2,196 to €52
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 | €144,987 | €201,986 | +€56,999 | +39.3% |
| Fixed assets | 21/28 | €23,792 | €17,596 | -€6,197 | -26.0% |
| Tangible fixed assets | 22/27 | €23,792 | €17,596 | -€6,197 | -26.0% |
| Land and buildings | 22 | €17,474 | €13,696 | -€3,778 | -21.6% |
| Plant, machinery and equipment | 23 | €1,438 | €1,013 | -€425 | -29.5% |
| Furniture and vehicles | 24 | €4,880 | €2,887 | -€1,993 | -40.8% |
| Current assets | 29/58 | €121,195 | €184,390 | +€63,195 | +52.1% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €74,521 | €64,783 | -€9,738 | -13.1% |
| Trade receivables | 40 | €73,742 | €61,983 | -€11,760 | -15.9% |
| Other amounts receivable | 41 | €778 | €2,800 | +€2,022 | +260% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €20,499 | €94,607 | +€74,108 | +362% |
| Deferred charges and accrued income | 490/1 | €1,175 | €0 | -€1,175 | -100% |
| Total equity and liabilities | 10/49 | €144,987 | €201,986 | +€56,999 | +39.3% |
| Equity | 10/15 | €18,600 | €18,606 | +€6 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €6 | +€6 | |
| Distributable reserves | 133 | - | €6 | +€6 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €126,387 | €183,380 | +€56,993 | +45.1% |
| Amounts payable within one year | 42/48 | €125,659 | €183,380 | +€57,721 | +45.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,303 | €67 | -€1,236 | -94.8% |
| Credit institutions | 430/8 | €1,303 | €67 | -€1,236 | -94.8% |
| Trade debts | 44 | €4,103 | €366 | -€3,737 | -91.1% |
| Suppliers | 440/4 | €4,103 | €366 | -€3,737 | -91.1% |
| Taxes, remuneration and social security | 45 | €26,136 | €32,131 | +€5,995 | +22.9% |
| Taxes | 450/3 | €26,136 | €28,031 | +€1,895 | +7.3% |
| Remuneration and social security | 454/9 | - | €4,100 | +€4,100 | |
| Other amounts payable | 47/48 | €94,118 | €150,816 | +€56,698 | +60.2% |
| Accrued charges and deferred income | 492/3 | €728 | €0 | -€728 | -100% |
| Non-recurring operating income | 76A | €809 | €0 | -€809 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,756 | €10,097 | -€2,660 | -20.9% |
| Other operating charges | 640/8 | €301 | €162 | -€139 | -46.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €112,442 | €84,554 | -€27,888 | -24.8% |
| Operating profit (loss) | 9901 | €99,384 | €74,295 | -€25,089 | -25.2% |
| Financial income | 75/76B | €2,196 | €52 | -€2,144 | -97.6% |
| Recurring financial income | 75 | €2,196 | €52 | -€2,144 | -97.6% |
| Financial charges | 65/66B | €438 | €471 | +€33 | +7.6% |
| Recurring financial charges | 65 | €438 | €471 | +€33 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €101,143 | €73,877 | -€27,266 | -27.0% |
| Income taxes | 67/77 | €21,791 | €8,271 | -€13,520 | -62.0% |
| Profit (loss) for the period | 9904 | €79,352 | €65,606 | -€13,746 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,352 | €65,606 | -€13,746 | -17.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.