QUINTILO: 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.
QUINTILO
Largest movements
- Receivables within one year -€34,313
down €34,313 (-36.3%), from €94,429 to €60,116
of which Other amounts receivable: -€32,224
- Tangible fixed assets -€21,605
down €21,605 (-7.1%), from €304,620 to €283,016
of which Plant, machinery and equipment: -€11,450
- Cash +€21,588
up €21,588 (+143%), from €15,080 to €36,668
mainly Receivables within one year (+€34,313) and Depreciation (+€21,605)
- Debts after one year -€19,538
down €19,538 (-10.9%), from €178,711 to €159,173
- Advances received -€17,400
down €17,400 (-50.0%), from €34,800 to €17,400
- Tax, wage and social debts +€4,563
new in 2025: €4,563
- Gross operating margin +€9,076
up €9,076 (+47.8%), from €19,003 to €28,080
- Depreciation -€3,392
down €3,392 (-13.6%), from €24,997 to €21,605
- Financial charges +€1,687
up €1,687 (+27.1%), from €6,216 to €7,903
- Other operating charges -€1,255
down €1,255 (-29.6%), from €4,236 to €2,981
- Financial income -€404
down €404 (-23.5%), from €1,722 to €1,318
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 | €428,060 | €391,408 | -€36,652 | -8.6% |
| Fixed assets | 21/28 | €304,620 | €283,016 | -€21,605 | -7.1% |
| Tangible fixed assets | 22/27 | €304,620 | €283,016 | -€21,605 | -7.1% |
| Land and buildings | 22 | €267,360 | €257,205 | -€10,155 | -3.8% |
| Plant, machinery and equipment | 23 | €37,260 | €25,810 | -€11,450 | -30.7% |
| Current assets | 29/58 | €123,440 | €108,392 | -€15,047 | -12.2% |
| Stocks and contracts in progress | 3 | €11,748 | €10,291 | -€1,458 | -12.4% |
| Stocks | 30/36 | €11,748 | €10,291 | -€1,458 | -12.4% |
| Amounts receivable within one year | 40/41 | €94,429 | €60,116 | -€34,313 | -36.3% |
| Trade receivables | 40 | €60,483 | €58,394 | -€2,089 | -3.5% |
| Other amounts receivable | 41 | €33,946 | €1,722 | -€32,224 | -94.9% |
| Current investments | 50/53 | €100 | €0 | -€100 | -100% |
| Cash at bank and in hand | 54/58 | €15,080 | €36,668 | +€21,588 | +143% |
| Deferred charges and accrued income | 490/1 | €2,083 | €1,318 | -€765 | -36.7% |
| Total equity and liabilities | 10/49 | €428,060 | €391,408 | -€36,652 | -8.6% |
| Equity | 10/15 | €159,320 | €156,228 | -€3,091 | -1.9% |
| Contributions | 10/11 | €33,550 | €33,550 | = | 0.0% |
| Reserves | 13 | €174,520 | €174,520 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,765 | €5,765 | = | 0.0% |
| Distributable reserves | 133 | €168,755 | €168,755 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,751 | -€51,842 | -€3,091 | -6.3% |
| Amounts payable | 17/49 | €268,740 | €235,180 | -€33,561 | -12.5% |
| Amounts payable after more than one year | 17 | €178,711 | €159,173 | -€19,538 | -10.9% |
| Financial debts | 170/4 | €178,711 | €159,173 | -€19,538 | -10.9% |
| Amounts payable within one year | 42/48 | €90,030 | €73,987 | -€16,043 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €18,660 | €19,538 | +€877 | +4.7% |
| Trade debts | 44 | €8,042 | €3,959 | -€4,083 | -50.8% |
| Suppliers | 440/4 | €8,042 | €3,959 | -€4,083 | -50.8% |
| Advances received on contracts in progress | 46 | €34,800 | €17,400 | -€17,400 | -50.0% |
| Taxes, remuneration and social security | 45 | - | €4,563 | +€4,563 | |
| Taxes | 450/3 | - | €4,563 | +€4,563 | |
| Other amounts payable | 47/48 | €28,528 | €28,528 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,020 | +€2,020 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,997 | €21,605 | -€3,392 | -13.6% |
| Other operating charges | 640/8 | €4,236 | €2,981 | -€1,255 | -29.6% |
| Gross operating margin | 9900 | €19,003 | €28,080 | +€9,076 | +47.8% |
| Operating profit (loss) | 9901 | -€10,230 | €3,493 | +€13,723 | |
| Financial income | 75/76B | €1,722 | €1,318 | -€404 | -23.5% |
| Recurring financial income | 75 | €1,722 | €1,318 | -€404 | -23.5% |
| Financial charges | 65/66B | €6,216 | €7,903 | +€1,687 | +27.1% |
| Recurring financial charges | 65 | €6,216 | €7,903 | +€1,687 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,724 | -€3,091 | +€11,633 | +79.0% |
| Profit (loss) for the period | 9904 | -€14,724 | -€3,091 | +€11,633 | +79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,724 | -€3,091 | +€11,633 | +79.0% |
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.