Quinta Essentia Software Development: 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.
Quinta Essentia Software Development
Largest movements
- Receivables within one year -€194,295
down €194,295 (-18.9%), from €1.0m to €831,790
of which Other amounts receivable: -€279,749
- Cash +€28,902
up €28,902 (+158%), from €18,285 to €47,186
mainly Receivables within one year (+€194,295) and Tax, wage and social debts (+€20,413)
- Contributions -€3.9m
down €3.9m (-88.3%), from €4.4m to €520,481
- Profit (loss) carried forward +€3.9m
up €3.9m (+96.8%), from -€4.0m to -€126,075
- Trade debts -€77,859
down €77,859 (-59.2%), from €131,501 to €53,643
- Accrued charges and deferred income -€59,422
down €59,422 (-12.7%), from €466,271 to €406,849
- Tax, wage and social debts +€20,413
up €20,413 (+99.4%), from €20,544 to €40,957
of which Remuneration and social security: +€11,209
- Gross operating margin +€189,456
up €189,456 (+386%), from €49,022 to €238,478
- Staff costs +€100,800
up €100,800 (+57.7%), from €174,599 to €275,399
- Financial income -€57,083
down €57,083 (-98.6%), from €57,878 to €794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,081,749 | €917,054 | -€164,695 | -15.2% |
| Fixed assets | 21/28 | €37,342 | €38,078 | +€736 | +2.0% |
| Tangible fixed assets | 22/27 | €2,666 | €3,402 | +€736 | +27.6% |
| Plant, machinery and equipment | 23 | €2,666 | €3,402 | +€736 | +27.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €34,676 | €34,676 | = | 0.0% |
| Current assets | 29/58 | €1,044,407 | €878,976 | -€165,431 | -15.8% |
| Amounts receivable within one year | 40/41 | €1,026,085 | €831,790 | -€194,295 | -18.9% |
| Trade receivables | 40 | €110,159 | €195,613 | +€85,454 | +77.6% |
| Other amounts receivable | 41 | €915,926 | €636,176 | -€279,749 | -30.5% |
| Cash at bank and in hand | 54/58 | €18,285 | €47,186 | +€28,902 | +158% |
| Deferred charges and accrued income | 490/1 | €37 | - | -€37 | |
| Total equity and liabilities | 10/49 | €1,081,749 | €917,054 | -€164,695 | -15.2% |
| Equity | 10/15 | €463,434 | €415,606 | -€47,828 | -10.3% |
| Contributions | 10/11 | €4,435,453 | €520,481 | -€3.9m | -88.3% |
| Capital | 10 | €4,435,453 | €520,481 | -€3.9m | -88.3% |
| Issued capital | 100 | €4,435,453 | €520,481 | -€3.9m | -88.3% |
| Reserves | 13 | €21,200 | €21,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,993,220 | -€126,075 | +€3.9m | +96.8% |
| Amounts payable | 17/49 | €618,316 | €501,448 | -€116,867 | -18.9% |
| Amounts payable within one year | 42/48 | €152,045 | €94,599 | -€57,446 | -37.8% |
| Trade debts | 44 | €131,501 | €53,643 | -€77,859 | -59.2% |
| Suppliers | 440/4 | €131,501 | €53,643 | -€77,859 | -59.2% |
| Taxes, remuneration and social security | 45 | €20,544 | €40,957 | +€20,413 | +99.4% |
| Taxes | 450/3 | €814 | €10,018 | +€9,203 | +1,130% |
| Remuneration and social security | 454/9 | €19,729 | €30,939 | +€11,209 | +56.8% |
| Accrued charges and deferred income | 492/3 | €466,271 | €406,849 | -€59,422 | -12.7% |
| Remuneration, social security and pensions | 62 | €174,599 | €275,399 | +€100,800 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €1,531 | +€1,038 | +211% |
| Other operating charges | 640/8 | €1,671 | €390 | -€1,281 | -76.6% |
| Gross operating margin | 9900 | €49,022 | €238,478 | +€189,456 | +386% |
| Operating profit (loss) | 9901 | -€127,742 | -€38,843 | +€88,898 | +69.6% |
| Financial income | 75/76B | €57,878 | €794 | -€57,083 | -98.6% |
| Recurring financial income | 75 | €57,878 | €794 | -€57,083 | -98.6% |
| Financial charges | 65/66B | €8,032 | €9,846 | +€1,814 | +22.6% |
| Recurring financial charges | 65 | €8,032 | €9,846 | +€1,814 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€77,896 | -€47,895 | +€30,001 | +38.5% |
| Income taxes | 67/77 | €351 | -€67 | -€418 | |
| Profit (loss) for the period | 9904 | -€78,247 | -€47,828 | +€30,419 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,247 | -€47,828 | +€30,419 | +38.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.