QUINTESSENCE QUALITE: what changed
QUINTESSENCE QUALITE
Largest movements
- Tangible fixed assets +€29,474
up €29,474 (+476%), from €6,189 to €35,663
of which Leasing and similar rights: +€31,573
- Receivables within one year -€4,539
down €4,539 (-51.1%), from €8,878 to €4,339
of which Other amounts receivable: -€7,570
- Debts after one year +€13,303
new in 2025: €13,303
- Current portion of long-term debt +€10,505
new in 2025: €10,505
- Profit (loss) carried forward +€3,900
up €3,900 (+92.3%), from €4,225 to €8,125
- Tax, wage and social debts -€1,086
down €1,086 (-27.8%), from €3,908 to €2,822
of which Remuneration and social security: -€1,086
- Trade debts -€661
down €661 (-96.4%), from €686 to €25
- Depreciation +€7,593
up €7,593 (+596%), from €1,275 to €8,868
- Gross operating margin +€5,564
up €5,564 (+29.4%), from €18,910 to €24,474
- Taxes -€1,700
no longer reported in 2025 (was €1,700)
- Other operating charges +€1,700
up €1,700 (+117%), from €1,454 to €3,153
- Financial charges +€955
up €955 (+976%), from €98 to €1,053
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 | €37,019 | €62,479 | +€25,460 | +68.8% |
| Fixed assets | 21/28 | €6,189 | €35,663 | +€29,474 | +476% |
| Tangible fixed assets | 22/27 | €6,189 | €35,663 | +€29,474 | +476% |
| Furniture and vehicles | 24 | €6,189 | €4,090 | -€2,099 | -33.9% |
| Leasing and similar rights | 25 | - | €31,573 | +€31,573 | |
| Current assets | 29/58 | €30,829 | €26,816 | -€4,013 | -13.0% |
| Amounts receivable within one year | 40/41 | €8,878 | €4,339 | -€4,539 | -51.1% |
| Trade receivables | 40 | €477 | €3,508 | +€3,031 | +635% |
| Other amounts receivable | 41 | €8,401 | €831 | -€7,570 | -90.1% |
| Cash at bank and in hand | 54/58 | €19,537 | €19,816 | +€279 | +1.4% |
| Deferred charges and accrued income | 490/1 | €2,414 | €2,662 | +€248 | +10.3% |
| Total equity and liabilities | 10/49 | €37,019 | €62,479 | +€25,460 | +68.8% |
| Equity | 10/15 | €24,425 | €28,325 | +€3,900 | +16.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,600 | €1,600 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,600 | €1,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,225 | €8,125 | +€3,900 | +92.3% |
| Amounts payable | 17/49 | €12,594 | €34,155 | +€21,561 | +171% |
| Amounts payable after more than one year | 17 | - | €13,303 | +€13,303 | |
| Financial debts | 170/4 | - | €13,303 | +€13,303 | |
| Amounts payable within one year | 42/48 | €12,594 | €20,851 | +€8,257 | +65.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,505 | +€10,505 | |
| Trade debts | 44 | €686 | €25 | -€661 | -96.4% |
| Suppliers | 440/4 | €686 | €25 | -€661 | -96.4% |
| Taxes, remuneration and social security | 45 | €3,908 | €2,822 | -€1,086 | -27.8% |
| Taxes | 450/3 | €1,908 | €1,908 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,000 | €914 | -€1,086 | -54.3% |
| Other amounts payable | 47/48 | €8,000 | €7,500 | -€500 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,275 | €8,868 | +€7,593 | +596% |
| Other operating charges | 640/8 | €1,454 | €3,153 | +€1,700 | +117% |
| Non-recurring operating charges | 66A | €0 | €0 | -€0 | -50.0% |
| Gross operating margin | 9900 | €18,910 | €24,474 | +€5,564 | +29.4% |
| Operating profit (loss) | 9901 | €16,182 | €12,453 | -€3,729 | -23.0% |
| Financial charges | 65/66B | €98 | €1,053 | +€955 | +976% |
| Recurring financial charges | 65 | €98 | €1,053 | +€955 | +976% |
| Profit (loss) for the period before taxes | 9903 | €16,084 | €11,400 | -€4,684 | -29.1% |
| Income taxes | 67/77 | €1,700 | - | -€1,700 | |
| Profit (loss) for the period | 9904 | €14,384 | €11,400 | -€2,984 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,384 | €11,400 | -€2,984 | -20.7% |
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.