QUINTESSENTIALLY: 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.
QUINTESSENTIALLY
Largest movements
- Receivables within one year +€143,660
up €143,660 (+52.5%), from €273,839 to €417,499
of which Other amounts receivable: +€164,825
- Trade debts +€95,933
up €95,933 (+70.7%), from €135,755 to €231,688
- Tax, wage and social debts +€64,256
up €64,256 (+307%), from €20,931 to €85,188
of which Taxes: +€33,822
- Other debts -€32,438
down €32,438 (-36.1%), from €89,736 to €57,298
- Profit (loss) carried forward +€13,413
up €13,413 (+80.3%), from €16,699 to €30,112
- Accrued charges and deferred income +€6,000
up €6,000 (+133%), from €4,500 to €10,500
- Gross operating margin +€74,654
up €74,654 (+28.6%), from €261,154 to €335,808
- Staff costs +€64,447
up €64,447 (+27.0%), from €238,894 to €303,340
- Other operating charges +€7,681
new in 2025: €7,681
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 | €277,621 | €424,786 | +€147,165 | +53.0% |
| Fixed assets | 21/28 | €2,919 | €3,338 | +€419 | +14.3% |
| Tangible fixed assets | 22/27 | €2,919 | €3,338 | +€419 | +14.3% |
| Furniture and vehicles | 24 | €2,919 | €3,338 | +€419 | +14.3% |
| Current assets | 29/58 | €274,702 | €421,448 | +€146,746 | +53.4% |
| Amounts receivable within one year | 40/41 | €273,839 | €417,499 | +€143,660 | +52.5% |
| Trade receivables | 40 | €44,357 | €23,191 | -€21,165 | -47.7% |
| Other amounts receivable | 41 | €229,483 | €394,308 | +€164,825 | +71.8% |
| Cash at bank and in hand | 54/58 | €374 | €391 | +€17 | +4.5% |
| Deferred charges and accrued income | 490/1 | €488 | €3,558 | +€3,070 | +629% |
| Total equity and liabilities | 10/49 | €277,621 | €424,786 | +€147,165 | +53.0% |
| Equity | 10/15 | €26,699 | €40,112 | +€13,413 | +50.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,699 | €30,112 | +€13,413 | +80.3% |
| Amounts payable | 17/49 | €250,922 | €384,674 | +€133,752 | +53.3% |
| Amounts payable within one year | 42/48 | €246,422 | €374,174 | +€127,752 | +51.8% |
| Trade debts | 44 | €135,755 | €231,688 | +€95,933 | +70.7% |
| Suppliers | 440/4 | €135,755 | €231,688 | +€95,933 | +70.7% |
| Taxes, remuneration and social security | 45 | €20,931 | €85,188 | +€64,256 | +307% |
| Taxes | 450/3 | €4,537 | €38,359 | +€33,822 | +745% |
| Remuneration and social security | 454/9 | €16,394 | €46,829 | +€30,435 | +186% |
| Other amounts payable | 47/48 | €89,736 | €57,298 | -€32,438 | -36.1% |
| Accrued charges and deferred income | 492/3 | €4,500 | €10,500 | +€6,000 | +133% |
| Non-recurring operating income | 76A | €3,281 | €8,628 | +€5,347 | +163% |
| Remuneration, social security and pensions | 62 | €238,894 | €303,340 | +€64,447 | +27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60 | €779 | +€719 | +1,192% |
| Other operating charges | 640/8 | - | €7,681 | +€7,681 | |
| Gross operating margin | 9900 | €261,154 | €335,808 | +€74,654 | +28.6% |
| Operating profit (loss) | 9901 | €22,200 | €24,009 | +€1,808 | +8.1% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €964 | €4,032 | +€3,068 | +318% |
| Recurring financial charges | 65 | €964 | €4,032 | +€3,068 | +318% |
| Profit (loss) for the period before taxes | 9903 | €21,236 | €20,008 | -€1,228 | -5.8% |
| Income taxes | 67/77 | €4,537 | €6,595 | +€2,058 | +45.4% |
| Profit (loss) for the period | 9904 | €16,699 | €13,413 | -€3,286 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,699 | €13,413 | -€3,286 | -19.7% |
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 18 October 2026 via checked.be.