QUINTO: 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.
QUINTO
Largest movements
- Receivables within one year -€80,697
down €80,697 (-69.4%), from €116,258 to €35,561
of which Trade receivables: -€69,119
- Trade debts -€84,429
down €84,429 (-95.3%), from €88,621 to €4,192
- Other debts +€40,508
up €40,508 (+9132.1%), from €444 to €40,952
- Profit (loss) carried forward -€19,192
down €19,192, from €5,381 to -€13,811
- Tax, wage and social debts -€19,069
down €19,069 (-100.0%), from €19,069 to €0
of which Taxes: -€19,069
- Accrued charges and deferred income +€1,416
new in 2025: €1,416
- Gross operating margin -€77,937
down €77,937, from €62,667 to -€15,270
- Staff costs -€55,875
down €55,875 (-100.0%), from €55,875 to €0
- Financial charges -€2,824
down €2,824 (-84.9%), from €3,324 to €500
- Other operating charges +€1,644
up €1,644 (+239.9%), from €686 to €2,330
- Taxes -€1,206
down €1,206 (-100.0%), from €1,206 to €0
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 | €133,515 | €52,749 | -€80,766 | -60.5% |
| Fixed assets | 21/28 | €2,364 | €1,192 | -€1,172 | -49.6% |
| Tangible fixed assets | 22/27 | €2,364 | €1,192 | -€1,172 | -49.6% |
| Furniture and vehicles | 24 | €2,364 | €1,192 | -€1,172 | -49.6% |
| Current assets | 29/58 | €131,151 | €51,557 | -€79,594 | -60.7% |
| Amounts receivable within one year | 40/41 | €116,258 | €35,561 | -€80,697 | -69.4% |
| Trade receivables | 40 | €95,808 | €26,689 | -€69,119 | -72.1% |
| Other amounts receivable | 41 | €20,450 | €8,872 | -€11,578 | -56.6% |
| Cash at bank and in hand | 54/58 | €14,892 | €15,996 | +€1,104 | +7.4% |
| Total equity and liabilities | 10/49 | €133,515 | €52,749 | -€80,766 | -60.5% |
| Equity | 10/15 | €25,381 | €6,189 | -€19,192 | -75.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,381 | -€13,811 | -€19,192 | |
| Amounts payable | 17/49 | €108,134 | €46,560 | -€61,574 | -56.9% |
| Amounts payable within one year | 42/48 | €108,134 | €45,144 | -€62,991 | -58.3% |
| Trade debts | 44 | €88,621 | €4,192 | -€84,429 | -95.3% |
| Suppliers | 440/4 | €88,621 | €4,192 | -€84,429 | -95.3% |
| Taxes, remuneration and social security | 45 | €19,069 | €0 | -€19,069 | -100.0% |
| Taxes | 450/3 | €19,069 | €0 | -€19,069 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €444 | €40,952 | +€40,508 | +9132.1% |
| Accrued charges and deferred income | 492/3 | - | €1,416 | +€1,416 | |
| Non-recurring operating income | 76A | €13,154 | €0 | -€13,154 | -100.0% |
| Remuneration, social security and pensions | 62 | €55,875 | €0 | -€55,875 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,379 | €1,172 | -€207 | -15.0% |
| Other operating charges | 640/8 | €686 | €2,330 | +€1,644 | +239.9% |
| Gross operating margin | 9900 | €62,667 | -€15,270 | -€77,937 | |
| Operating profit (loss) | 9901 | €4,727 | -€18,772 | -€23,499 | |
| Financial income | 75/76B | €0 | €81 | +€81 | |
| Recurring financial income | 75 | €0 | €81 | +€81 | |
| Financial charges | 65/66B | €3,324 | €500 | -€2,824 | -84.9% |
| Recurring financial charges | 65 | €3,324 | €500 | -€2,824 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €1,403 | -€19,192 | -€20,594 | |
| Income taxes | 67/77 | €1,206 | €0 | -€1,206 | -100.0% |
| Profit (loss) for the period | 9904 | €197 | -€19,192 | -€19,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €197 | -€19,192 | -€19,388 |
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.