QUINNTRA: 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.
QUINNTRA
Largest movements
- Tangible fixed assets -€334,710
down €334,710 (-34.8%), from €961,453 to €626,742
of which Leasing and similar rights: -€329,519
- Cash +€52,096
up €52,096 (+218%), from €23,894 to €75,990
mainly Depreciation (+€318,249) and Trade debts (+€78,620)
- Receivables within one year +€43,473
up €43,473 (+12.2%), from €356,657 to €400,130
of which Trade receivables: +€42,663
- Deferred charges and accrued income +€18,327
up €18,327 (+24.9%), from €73,630 to €91,957
- Debts after one year -€211,241
down €211,241 (-41.1%), from €514,204 to €302,963
- Trade debts +€78,620
up €78,620 (+52.3%), from €150,213 to €228,833
- Current portion of long-term debt -€76,215
down €76,215 (-26.5%), from €287,457 to €211,241
- Staff costs +€318,389
up €318,389 (+28.2%), from €1.1m to €1.4m
- Gross operating margin +€310,632
up €310,632 (+20.4%), from €1.5m to €1.8m
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 | €1,428,835 | €1,208,470 | -€220,364 | -15.4% |
| Fixed assets | 21/28 | €962,493 | €628,232 | -€334,260 | -34.7% |
| Tangible fixed assets | 22/27 | €961,453 | €626,742 | -€334,710 | -34.8% |
| Plant, machinery and equipment | 23 | €24,540 | €19,799 | -€4,741 | -19.3% |
| Furniture and vehicles | 24 | €58,802 | €58,352 | -€450 | -0.8% |
| Leasing and similar rights | 25 | €878,110 | €548,591 | -€329,519 | -37.5% |
| Financial fixed assets | 28 | €1,040 | €1,490 | +€450 | +43.3% |
| Current assets | 29/58 | €466,342 | €580,238 | +€113,896 | +24.4% |
| Stocks and contracts in progress | 3 | €12,160 | €12,160 | = | 0.0% |
| Stocks | 30/36 | €12,160 | €12,160 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €356,657 | €400,130 | +€43,473 | +12.2% |
| Trade receivables | 40 | €353,748 | €396,411 | +€42,663 | +12.1% |
| Other amounts receivable | 41 | €2,909 | €3,720 | +€811 | +27.9% |
| Cash at bank and in hand | 54/58 | €23,894 | €75,990 | +€52,096 | +218% |
| Deferred charges and accrued income | 490/1 | €73,630 | €91,957 | +€18,327 | +24.9% |
| Total equity and liabilities | 10/49 | €1,428,835 | €1,208,470 | -€220,364 | -15.4% |
| Equity | 10/15 | €180,217 | €180,619 | +€402 | +0.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €173,442 | €173,442 | = | 0.0% |
| Distributable reserves | 133 | €173,442 | €173,442 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,775 | €4,177 | +€402 | +10.6% |
| Amounts payable | 17/49 | €1,248,618 | €1,027,851 | -€220,766 | -17.7% |
| Amounts payable after more than one year | 17 | €514,204 | €302,963 | -€211,241 | -41.1% |
| Financial debts | 170/4 | €514,204 | €302,963 | -€211,241 | -41.1% |
| Amounts payable within one year | 42/48 | €733,116 | €723,623 | -€9,492 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €287,457 | €211,241 | -€76,215 | -26.5% |
| Financial debts | 43 | €25,263 | €23,689 | -€1,573 | -6.2% |
| Credit institutions | 430/8 | €25,263 | €23,689 | -€1,573 | -6.2% |
| Trade debts | 44 | €150,213 | €228,833 | +€78,620 | +52.3% |
| Suppliers | 440/4 | €150,213 | €228,833 | +€78,620 | +52.3% |
| Taxes, remuneration and social security | 45 | €219,280 | €218,052 | -€1,228 | -0.6% |
| Taxes | 450/3 | €110,881 | €65,255 | -€45,626 | -41.1% |
| Remuneration and social security | 454/9 | €108,400 | €152,797 | +€44,397 | +41.0% |
| Other amounts payable | 47/48 | €50,903 | €41,808 | -€9,095 | -17.9% |
| Accrued charges and deferred income | 492/3 | €1,298 | €1,265 | -€32 | -2.5% |
| Non-recurring operating income | 76A | €3,000 | €16,713 | +€13,713 | +457% |
| Remuneration, social security and pensions | 62 | €1,128,654 | €1,447,043 | +€318,389 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €332,767 | €318,249 | -€14,519 | -4.4% |
| Other operating charges | 640/8 | €18,313 | €18,189 | -€124 | -0.7% |
| Gross operating margin | 9900 | €1,524,580 | €1,835,212 | +€310,632 | +20.4% |
| Operating profit (loss) | 9901 | €44,846 | €51,731 | +€6,885 | +15.4% |
| Financial income | 75/76B | €100 | €90 | -€11 | -10.6% |
| Recurring financial income | 75 | €100 | €90 | -€11 | -10.6% |
| Financial charges | 65/66B | €42,509 | €41,254 | -€1,255 | -3.0% |
| Recurring financial charges | 65 | €42,509 | €41,254 | -€1,255 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €2,437 | €10,566 | +€8,130 | +334% |
| Income taxes | 67/77 | €572 | €10,164 | +€9,592 | +1,677% |
| Profit (loss) for the period | 9904 | €1,865 | €402 | -€1,463 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,865 | €402 | -€1,463 | -78.4% |
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 13 October 2026 via checked.be.