QUINT & QUART: what changed
QUINT & QUART
Largest movements
- Tangible fixed assets -€15,073
down €15,073 (-3.9%), from €383,519 to €368,446
of which Land and buildings: -€14,435
- Cash -€5,758
down €5,758 (-55.3%), from €10,407 to €4,649
mainly Debts after one year (-€34,964) and Contributions, distributions and other (-€4,559)
- Debts after one year -€34,964
down €34,964 (-9.5%), from €369,086 to €334,122
- Profit (loss) carried forward +€11,373
up €11,373 (+20.6%), from -€55,104 to -€43,732
- Turnover +€61,231
new in 2025: €61,231
- Purchases and services +€13,843
new in 2025: €13,843
- Gross operating margin -€6,042
down €6,042 (-11.0%), from €54,960 to €48,918
- Other operating charges +€1,578
up €1,578 (+56.2%), from €2,805 to €4,383
- Financial charges +€962
up €962 (+7.6%), from €12,573 to €13,535
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €393,926 | €373,354 | -€20,572 | -5.2% |
| Fixed assets | 21/28 | €383,519 | €368,446 | -€15,073 | -3.9% |
| Tangible fixed assets | 22/27 | €383,519 | €368,446 | -€15,073 | -3.9% |
| Land and buildings | 22 | €382,244 | €367,808 | -€14,435 | -3.8% |
| Plant, machinery and equipment | 23 | €1,275 | €638 | -€638 | -50.0% |
| Current assets | 29/58 | €10,407 | €4,909 | -€5,499 | -52.8% |
| Cash at bank and in hand | 54/58 | €10,407 | €4,649 | -€5,758 | -55.3% |
| Deferred charges and accrued income | 490/1 | - | €260 | +€260 | |
| Total equity and liabilities | 10/49 | €393,926 | €373,354 | -€20,572 | -5.2% |
| Equity | 10/15 | -€36,504 | -€25,132 | +€11,373 | +31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,104 | -€43,732 | +€11,373 | +20.6% |
| Amounts payable | 17/49 | €430,430 | €398,486 | -€31,944 | -7.4% |
| Amounts payable after more than one year | 17 | €369,086 | €334,122 | -€34,964 | -9.5% |
| Financial debts | 170/4 | €369,086 | €334,122 | -€34,964 | -9.5% |
| Amounts payable within one year | 42/48 | €59,045 | €61,557 | +€2,513 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €33,806 | €34,964 | +€1,158 | +3.4% |
| Financial debts | 43 | - | €2,861 | +€2,861 | |
| Credit institutions | 430/8 | - | €2,861 | +€2,861 | |
| Other amounts payable | 47/48 | €25,239 | €23,733 | -€1,506 | -6.0% |
| Accrued charges and deferred income | 492/3 | €2,300 | €2,807 | +€507 | +22.0% |
| Turnover | 70 | - | €61,231 | +€61,231 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €13,843 | +€13,843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,152 | €15,073 | -€79 | -0.5% |
| Other operating charges | 640/8 | €2,805 | €4,383 | +€1,578 | +56.2% |
| Gross operating margin | 9900 | €54,960 | €48,918 | -€6,042 | -11.0% |
| Operating profit (loss) | 9901 | €37,002 | €29,462 | -€7,541 | -20.4% |
| Financial income | 75/76B | €4 | €7 | +€3 | +64.8% |
| Recurring financial income | 75 | €4 | €7 | +€3 | +64.8% |
| Financial charges | 65/66B | €12,573 | €13,535 | +€962 | +7.6% |
| Recurring financial charges | 65 | €12,573 | €13,535 | +€962 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €24,433 | €15,934 | -€8,500 | -34.8% |
| Income taxes | 67/77 | €1 | €2 | +€1 | +69.0% |
| Profit (loss) for the period | 9904 | €24,432 | €15,931 | -€8,500 | -34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,432 | €15,931 | -€8,500 | -34.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.