Quintelier-De Block: 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-De Block
Largest movements
- Tangible fixed assets -€58,184
down €58,184 (-5.1%), from €1.2m to €1.1m
of which Land and buildings: -€55,668
- Profit (loss) carried forward +€76,510
up €76,510 (+19.1%), from €400,076 to €476,585
- Debts after one year -€75,181
down €75,181 (-15.2%), from €494,389 to €419,208
- Other debts -€62,861
down €62,861 (-31.6%), from €198,848 to €135,988
- Gross operating margin +€36,016
up €36,016 (+21.6%), from €167,091 to €203,107
- Taxes +€23,493
up €23,493 (+289%), from €8,118 to €31,610
- Financial charges -€6,748
down €6,748 (-25.6%), from €26,336 to €19,588
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 | €1,188,475 | €1,127,943 | -€60,532 | -5.1% |
| Fixed assets | 21/28 | €1,152,073 | €1,093,889 | -€58,184 | -5.1% |
| Tangible fixed assets | 22/27 | €1,152,073 | €1,093,889 | -€58,184 | -5.1% |
| Land and buildings | 22 | €1,128,416 | €1,072,748 | -€55,668 | -4.9% |
| Plant, machinery and equipment | 23 | €16,360 | €16,042 | -€318 | -1.9% |
| Furniture and vehicles | 24 | €7,298 | €5,099 | -€2,198 | -30.1% |
| Current assets | 29/58 | €36,402 | €34,054 | -€2,348 | -6.4% |
| Amounts receivable within one year | 40/41 | €26,750 | €18,562 | -€8,188 | -30.6% |
| Trade receivables | 40 | €4,868 | €4,350 | -€518 | -10.6% |
| Other amounts receivable | 41 | €21,882 | €14,212 | -€7,671 | -35.1% |
| Cash at bank and in hand | 54/58 | €6,367 | €14,105 | +€7,738 | +122% |
| Deferred charges and accrued income | 490/1 | €3,285 | €1,387 | -€1,897 | -57.8% |
| Total equity and liabilities | 10/49 | €1,188,475 | €1,127,943 | -€60,532 | -5.1% |
| Equity | 10/15 | €411,298 | €487,808 | +€76,510 | +18.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,023 | €5,023 | = | 0.0% |
| Distributable reserves | 133 | €5,023 | €5,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | €400,076 | €476,585 | +€76,510 | +19.1% |
| Amounts payable | 17/49 | €777,176 | €640,135 | -€137,042 | -17.6% |
| Amounts payable after more than one year | 17 | €494,389 | €419,208 | -€75,181 | -15.2% |
| Financial debts | 170/4 | €494,389 | €419,208 | -€75,181 | -15.2% |
| Amounts payable within one year | 42/48 | €281,054 | €220,927 | -€60,127 | -21.4% |
| Current portion of amounts payable after more than one year | 42 | €72,858 | €75,181 | +€2,323 | +3.2% |
| Trade debts | 44 | €6,335 | €3,211 | -€3,124 | -49.3% |
| Suppliers | 440/4 | €6,335 | €3,211 | -€3,124 | -49.3% |
| Taxes, remuneration and social security | 45 | €3,012 | €6,548 | +€3,535 | +117% |
| Taxes | 450/3 | €3,012 | €6,548 | +€3,535 | +117% |
| Other amounts payable | 47/48 | €198,848 | €135,988 | -€62,861 | -31.6% |
| Accrued charges and deferred income | 492/3 | €1,734 | €0 | -€1,734 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,976 | €67,619 | +€643 | +1.0% |
| Other operating charges | 640/8 | €7,928 | €7,779 | -€149 | -1.9% |
| Gross operating margin | 9900 | €167,091 | €203,107 | +€36,016 | +21.6% |
| Operating profit (loss) | 9901 | €92,186 | €127,708 | +€35,522 | +38.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €26,336 | €19,588 | -€6,748 | -25.6% |
| Recurring financial charges | 65 | €26,336 | €19,588 | -€6,748 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €65,851 | €108,120 | +€42,270 | +64.2% |
| Income taxes | 67/77 | €8,118 | €31,610 | +€23,493 | +289% |
| Profit (loss) for the period | 9904 | €57,733 | €76,510 | +€18,777 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,733 | €76,510 | +€18,777 | +32.5% |
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 14 October 2026 via checked.be.