QUINTELIER: 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.
QUINTELIER
Largest movements
- Current investments -€19,713
down €19,713 (-65.0%), from €30,349 to €10,636
- Tangible fixed assets -€12,719
down €12,719 (-36.2%), from €35,114 to €22,395
of which Furniture and vehicles: -€11,500
- Cash -€5,820
down €5,820 (-50.9%), from €11,438 to €5,618
mainly Debts after one year (-€14,277) and Current portion of long-term debt (-€8,023)
- Receivables within one year +€2,631
up €2,631 (+157%), from €1,672 to €4,304
of which Other amounts receivable: +€3,174
- Debts after one year -€14,277
no longer reported in 2024 (was €14,277)
- Current portion of long-term debt -€8,023
no longer reported in 2024 (was €8,023)
- Profit (loss) carried forward -€7,203
down €7,203 (-23.5%), from -€30,710 to -€37,914
- Tax, wage and social debts -€4,075
no longer reported in 2024 (was €4,075)
- Other debts -€1,415
down €1,415 (-64.4%), from €2,198 to €783
- Staff costs -€56,378
down €56,378, from €56,019 to -€359
- Gross operating margin -€34,057
down €34,057 (-93.5%), from €36,417 to €2,360
- Taxes -€6,722
down €6,722, from €3,500 to -€3,222
- Depreciation -€4,053
down €4,053 (-24.2%), from €16,772 to €12,719
- Other operating charges -€832
no longer reported in 2024 (was €832)
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 | €78,588 | €43,429 | -€35,158 | -44.7% |
| Fixed assets | 21/28 | €35,129 | €22,410 | -€12,719 | -36.2% |
| Tangible fixed assets | 22/27 | €35,114 | €22,395 | -€12,719 | -36.2% |
| Plant, machinery and equipment | 23 | €4,891 | €3,672 | -€1,219 | -24.9% |
| Furniture and vehicles | 24 | €30,222 | €18,722 | -€11,500 | -38.1% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €43,459 | €21,020 | -€22,439 | -51.6% |
| Amounts receivable within one year | 40/41 | €1,672 | €4,304 | +€2,631 | +157% |
| Trade receivables | 40 | €543 | - | -€543 | |
| Other amounts receivable | 41 | €1,129 | €4,304 | +€3,174 | +281% |
| Current investments | 50/53 | €30,349 | €10,636 | -€19,713 | -65.0% |
| Cash at bank and in hand | 54/58 | €11,438 | €5,618 | -€5,820 | -50.9% |
| Deferred charges and accrued income | 490/1 | - | €462 | +€462 | |
| Total equity and liabilities | 10/49 | €78,588 | €43,429 | -€35,158 | -44.7% |
| Equity | 10/15 | €49,743 | €42,540 | -€7,203 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,853 | €61,853 | = | 0.0% |
| Distributable reserves | 133 | €61,853 | €61,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,710 | -€37,914 | -€7,203 | -23.5% |
| Amounts payable | 17/49 | €28,845 | €890 | -€27,955 | -96.9% |
| Amounts payable after more than one year | 17 | €14,277 | - | -€14,277 | |
| Financial debts | 170/4 | €14,277 | - | -€14,277 | |
| Amounts payable within one year | 42/48 | €14,568 | €890 | -€13,678 | -93.9% |
| Current portion of amounts payable after more than one year | 42 | €8,023 | - | -€8,023 | |
| Trade debts | 44 | €272 | €107 | -€165 | -60.5% |
| Suppliers | 440/4 | €272 | €107 | -€165 | -60.5% |
| Taxes, remuneration and social security | 45 | €4,075 | - | -€4,075 | |
| Remuneration and social security | 454/9 | €4,075 | - | -€4,075 | |
| Other amounts payable | 47/48 | €2,198 | €783 | -€1,415 | -64.4% |
| Non-recurring operating income | 76A | €4,305 | €9,092 | +€4,787 | +111% |
| Remuneration, social security and pensions | 62 | €56,019 | -€359 | -€56,378 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,772 | €12,719 | -€4,053 | -24.2% |
| Other operating charges | 640/8 | €832 | - | -€832 | |
| Gross operating margin | 9900 | €36,417 | €2,360 | -€34,057 | -93.5% |
| Operating profit (loss) | 9901 | -€37,206 | -€10,000 | +€27,206 | +73.1% |
| Financial income | 75/76B | €0 | €495 | +€495 | +4,953,800% |
| Recurring financial income | 75 | €0 | €406 | +€406 | +4,059,600% |
| Non-recurring financial income | 76B | - | €89 | +€89 | |
| Financial charges | 65/66B | €738 | €922 | +€184 | +24.9% |
| Recurring financial charges | 65 | €559 | €410 | -€149 | -26.6% |
| Non-recurring financial charges | 66B | €179 | €512 | +€333 | +186% |
| Profit (loss) for the period before taxes | 9903 | -€37,944 | -€10,426 | +€27,518 | +72.5% |
| Transfer from deferred taxes | 780 | €799 | - | -€799 | |
| Income taxes | 67/77 | €3,500 | -€3,222 | -€6,722 | |
| Profit (loss) for the period | 9904 | -€40,644 | -€7,203 | +€33,441 | +82.3% |
| Transfer from tax-exempt reserves | 789 | €3,197 | - | -€3,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,447 | -€7,203 | +€30,244 | +80.8% |
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 26 October 2026 via checked.be.