QUINT: 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.
QUINT
Largest movements
- Cash +€61,810
up €61,810 (+77.1%), from €80,131 to €141,941
mainly Net result for the year (+€24,671) and Advances received (+€14,700)
- Tangible fixed assets -€13,132
down €13,132 (-1.9%), from €679,510 to €666,378
- Profit (loss) carried forward +€24,671
up €24,671 (+34.9%), from -€70,659 to -€45,988
- Advances received +€14,700
new in 2025: €14,700
- Depreciation -€70,686
down €70,686 (-84.3%), from €83,818 to €13,132
- Other operating charges -€69,400
down €69,400 (-93.5%), from €74,248 to €4,849
- Gross operating margin -€45,074
down €45,074 (-51.3%), from €87,831 to €42,757
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 | €764,929 | €809,190 | +€44,261 | +5.8% |
| Fixed assets | 21/28 | €679,510 | €666,378 | -€13,132 | -1.9% |
| Tangible fixed assets | 22/27 | €679,510 | €666,378 | -€13,132 | -1.9% |
| Land and buildings | 22 | €679,510 | €666,378 | -€13,132 | -1.9% |
| Current assets | 29/58 | €85,419 | €142,812 | +€57,393 | +67.2% |
| Amounts receivable within one year | 40/41 | €4,700 | €871 | -€3,829 | -81.5% |
| Trade receivables | 40 | €4,641 | - | -€4,641 | |
| Other amounts receivable | 41 | €59 | €871 | +€812 | +1373.5% |
| Cash at bank and in hand | 54/58 | €80,131 | €141,941 | +€61,810 | +77.1% |
| Deferred charges and accrued income | 490/1 | €588 | - | -€588 | |
| Total equity and liabilities | 10/49 | €764,929 | €809,190 | +€44,261 | +5.8% |
| Equity | 10/15 | €329,341 | €354,012 | +€24,671 | +7.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,659 | -€45,988 | +€24,671 | +34.9% |
| Amounts payable | 17/49 | €435,588 | €455,178 | +€19,590 | +4.5% |
| Amounts payable within one year | 42/48 | €435,588 | €455,178 | +€19,590 | +4.5% |
| Trade debts | 44 | €588 | €5,478 | +€4,890 | +831.8% |
| Suppliers | 440/4 | €588 | €5,478 | +€4,890 | +831.8% |
| Advances received on contracts in progress | 46 | - | €14,700 | +€14,700 | |
| Other amounts payable | 47/48 | €435,000 | €435,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,818 | €13,132 | -€70,686 | -84.3% |
| Other operating charges | 640/8 | €74,248 | €4,849 | -€69,400 | -93.5% |
| Gross operating margin | 9900 | €87,831 | €42,757 | -€45,074 | -51.3% |
| Operating profit (loss) | 9901 | -€70,235 | €24,776 | +€95,011 | |
| Financial charges | 65/66B | €424 | €106 | -€318 | -75.1% |
| Recurring financial charges | 65 | €424 | €106 | -€318 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | -€70,659 | €24,671 | +€95,329 | |
| Profit (loss) for the period | 9904 | -€70,659 | €24,671 | +€95,329 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,659 | €24,671 | +€95,329 |
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 1 October 2026 via checked.be.