Quintelier Yannick: 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.
Quintelier Yannick
Largest movements
- Receivables within one year +€75,633
up €75,633 (+1085.7%), from €6,966 to €82,599
of which Other amounts receivable: +€82,599
- Cash -€65,127
down €65,127 (-65.4%), from €99,534 to €34,407
mainly Receivables within one year (-€75,633) and Other debts (-€14,197)
- Tangible fixed assets -€1,200
down €1,200 (-46.3%), from €2,590 to €1,390
- Profit (loss) carried forward +€28,292
up €28,292 (+35.2%), from €80,379 to €108,672
- Other debts -€14,197
no longer reported in 2025 (was €14,197)
- Tax, wage and social debts -€4,796
down €4,796 (-39.1%), from €12,272 to €7,476
- Gross operating margin -€22,432
down €22,432 (-37.6%), from €59,643 to €37,211
- Taxes -€4,796
down €4,796 (-39.1%), from €12,272 to €7,476
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 | €109,090 | €118,397 | +€9,307 | +8.5% |
| Fixed assets | 21/28 | €2,590 | €1,390 | -€1,200 | -46.3% |
| Tangible fixed assets | 22/27 | €2,590 | €1,390 | -€1,200 | -46.3% |
| Furniture and vehicles | 24 | €2,590 | €1,390 | -€1,200 | -46.3% |
| Current assets | 29/58 | €106,500 | €117,007 | +€10,506 | +9.9% |
| Amounts receivable within one year | 40/41 | €6,966 | €82,599 | +€75,633 | +1085.7% |
| Trade receivables | 40 | €6,966 | - | -€6,966 | |
| Other amounts receivable | 41 | - | €82,599 | +€82,599 | |
| Cash at bank and in hand | 54/58 | €99,534 | €34,407 | -€65,127 | -65.4% |
| Total equity and liabilities | 10/49 | €109,090 | €118,397 | +€9,307 | +8.5% |
| Equity | 10/15 | €82,379 | €110,672 | +€28,292 | +34.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,379 | €108,672 | +€28,292 | +35.2% |
| Amounts payable | 17/49 | €26,711 | €7,725 | -€18,986 | -71.1% |
| Amounts payable within one year | 42/48 | €26,711 | €7,725 | -€18,986 | -71.1% |
| Trade debts | 44 | €242 | €249 | +€7 | +3.0% |
| Suppliers | 440/4 | €242 | €249 | +€7 | +3.0% |
| Taxes, remuneration and social security | 45 | €12,272 | €7,476 | -€4,796 | -39.1% |
| Taxes | 450/3 | €12,272 | €7,476 | -€4,796 | -39.1% |
| Other amounts payable | 47/48 | €14,197 | - | -€14,197 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €1,200 | = | 0.0% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | €59,643 | €37,211 | -€22,432 | -37.6% |
| Operating profit (loss) | 9901 | €58,261 | €35,825 | -€22,436 | -38.5% |
| Financial charges | 65/66B | €44 | €57 | +€13 | +30.9% |
| Recurring financial charges | 65 | €44 | €57 | +€13 | +30.9% |
| Profit (loss) for the period before taxes | 9903 | €58,218 | €35,768 | -€22,450 | -38.6% |
| Income taxes | 67/77 | €12,272 | €7,476 | -€4,796 | -39.1% |
| Profit (loss) for the period | 9904 | €45,946 | €28,292 | -€17,654 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,946 | €28,292 | -€17,654 | -38.4% |
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 8 October 2026 via checked.be.