QUINTIS: 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.
QUINTIS
Largest movements
- Tangible fixed assets +€43,841
up €43,841 (+145.2%), from €30,197 to €74,038
of which Furniture and vehicles: +€42,719
- Cash -€41,218
down €41,218 (-27.9%), from €147,835 to €106,617
mainly Investment in fixed assets (net) (-€47,800) and Other debts (-€5,515)
- Current investments +€5,080
up €5,080 (+15.6%), from €32,527 to €37,607
- Receivables within one year +€4,046
up €4,046 (+13.6%), from €29,663 to €33,709
of which Trade receivables: +€4,510
- Receivables after one year -€2,800
down €2,800 (-17.5%), from €16,000 to €13,200
- Profit (loss) carried forward +€18,548
up €18,548 (+10.3%), from €180,682 to €199,230
- Other debts -€5,515
down €5,515 (-40.4%), from €13,638 to €8,123
- Trade debts -€4,676
down €4,676 (-66.0%), from €7,084 to €2,409
- Gross operating margin +€12,786
up €12,786 (+51.0%), from €25,059 to €37,844
- Taxes +€4,210
up €4,210 (+230.0%), from €1,831 to €6,041
- Other operating charges +€522
up €522 (+44.6%), from €1,171 to €1,693
- Financial income -€472
down €472 (-30.9%), from €1,528 to €1,056
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 | €262,002 | €269,245 | +€7,243 | +2.8% |
| Fixed assets | 21/28 | €30,197 | €74,038 | +€43,841 | +145.2% |
| Tangible fixed assets | 22/27 | €30,197 | €74,038 | +€43,841 | +145.2% |
| Plant, machinery and equipment | 23 | €236 | €3,893 | +€3,657 | +1546.8% |
| Furniture and vehicles | 24 | €11,319 | €54,038 | +€42,719 | +377.4% |
| Other tangible fixed assets | 26 | €18,642 | €16,106 | -€2,535 | -13.6% |
| Current assets | 29/58 | €231,805 | €195,208 | -€36,597 | -15.8% |
| Amounts receivable after more than one year | 29 | €16,000 | €13,200 | -€2,800 | -17.5% |
| Other amounts receivable | 291 | €16,000 | €13,200 | -€2,800 | -17.5% |
| Stocks and contracts in progress | 3 | €2,066 | €1,899 | -€167 | -8.1% |
| Stocks | 30/36 | €2,066 | €1,899 | -€167 | -8.1% |
| Amounts receivable within one year | 40/41 | €29,663 | €33,709 | +€4,046 | +13.6% |
| Trade receivables | 40 | €28,863 | €33,373 | +€4,510 | +15.6% |
| Other amounts receivable | 41 | €800 | €336 | -€464 | -58.0% |
| Current investments | 50/53 | €32,527 | €37,607 | +€5,080 | +15.6% |
| Cash at bank and in hand | 54/58 | €147,835 | €106,617 | -€41,218 | -27.9% |
| Deferred charges and accrued income | 490/1 | €3,714 | €2,176 | -€1,539 | -41.4% |
| Total equity and liabilities | 10/49 | €262,002 | €269,245 | +€7,243 | +2.8% |
| Equity | 10/15 | €227,853 | €246,401 | +€18,548 | +8.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €34,771 | €34,771 | = | 0.0% |
| Distributable reserves | 133 | €34,771 | €34,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €180,682 | €199,230 | +€18,548 | +10.3% |
| Amounts payable | 17/49 | €34,149 | €22,845 | -€11,305 | -33.1% |
| Amounts payable within one year | 42/48 | €34,149 | €22,845 | -€11,305 | -33.1% |
| Trade debts | 44 | €7,084 | €2,409 | -€4,676 | -66.0% |
| Suppliers | 440/4 | €7,084 | €2,409 | -€4,676 | -66.0% |
| Taxes, remuneration and social security | 45 | €13,427 | €12,313 | -€1,114 | -8.3% |
| Taxes | 450/3 | €13,427 | €12,313 | -€1,114 | -8.3% |
| Other amounts payable | 47/48 | €13,638 | €8,123 | -€5,515 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,601 | €3,960 | +€359 | +10.0% |
| Other operating charges | 640/8 | €1,171 | €1,693 | +€522 | +44.6% |
| Non-recurring operating charges | 66A | - | €9,298 | +€9,298 | |
| Gross operating margin | 9900 | €25,059 | €37,844 | +€12,786 | +51.0% |
| Operating profit (loss) | 9901 | €20,287 | €22,894 | +€2,607 | +12.9% |
| Financial income | 75/76B | €1,528 | €1,056 | -€472 | -30.9% |
| Recurring financial income | 75 | €1,528 | €1,056 | -€472 | -30.9% |
| Financial charges | 65/66B | -€366 | -€639 | -€273 | -74.5% |
| Recurring financial charges | 65 | -€366 | -€639 | -€273 | -74.5% |
| Profit (loss) for the period before taxes | 9903 | €22,181 | €24,589 | +€2,408 | +10.9% |
| Income taxes | 67/77 | €1,831 | €6,041 | +€4,210 | +230.0% |
| Profit (loss) for the period | 9904 | €20,350 | €18,548 | -€1,802 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,350 | €18,548 | -€1,802 | -8.9% |
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 10 October 2026 via checked.be.