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QUINTUPLE: what changed

Two fiscal 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.

What changed

QUINTUPLE

BE 0801.122.901
NACE 59.201, Sound recording
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,138
2024 · €8,715-€1,577
Equity
€24,153
2024 · €17,015+€7,138
Cash
€27,335
2024 · €21,069+€6,266
Balance sheet total
€28,444
2024 · €21,069+€7,375

Largest movements

2024 to 2025
Assets
  • Cash +€6,266

    up €6,266 (+29.7%), from €21,069 to €27,335

    mainly Net result for the year (+€7,138) and Depreciation (+€222)

  • Tangible fixed assets +€1,109

    new in 2025: €1,109

Equity and liabilities
  • Reserves +€7,138

    up €7,138 (+46.3%), from €15,415 to €22,553

Income statement
  • Gross operating margin -€1,791

    down €1,791 (-16.0%), from €11,195 to €9,404

  • Taxes -€413

    down €413 (-18.1%), from €2,278 to €1,865

  • Depreciation +€222

    new in 2025: €222

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,715
Gross operating margin -€1,791
Depreciation -€222
Other operating charges -€39
Financial income +€64
Financial charges -€2
Taxes +€413
Result 2025 €7,138

Cash bridge derived

cash 2024 to 2025

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.

From operations +€7,597
Investment -€1,331
Financing €0
Cash 2024 €21,069
Net result for the year +€7,138
Depreciation +€222
Trade debts -€75
Tax, wage and social debts +€119
Other debts +€193
Investment in fixed assets (net) -€1,331
Cash 2025 €27,335
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €21,069 €28,444 +€7,375 +35.0%
Fixed assets 21/28 - €1,109 +€1,109
Tangible fixed assets 22/27 - €1,109 +€1,109
Plant, machinery and equipment 23 - €1,109 +€1,109
Current assets 29/58 €21,069 €27,335 +€6,266 +29.7%
Cash at bank and in hand 54/58 €21,069 €27,335 +€6,266 +29.7%
Total equity and liabilities 10/49 €21,069 €28,444 +€7,375 +35.0%
Equity 10/15 €17,015 €24,153 +€7,138 +42.0%
Contributions 10/11 €1,600 €1,600 = 0.0%
Reserves 13 €15,415 €22,553 +€7,138 +46.3%
Distributable reserves 133 €15,415 €22,553 +€7,138 +46.3%
Amounts payable 17/49 €4,054 €4,290 +€236 +5.8%
Amounts payable within one year 42/48 €4,054 €4,290 +€236 +5.8%
Trade debts 44 €75 - -€75
Suppliers 440/4 €75 - -€75
Taxes, remuneration and social security 45 €3,979 €4,098 +€119 +3.0%
Taxes 450/3 €3,979 €4,098 +€119 +3.0%
Other amounts payable 47/48 - €193 +€193
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €222 +€222
Other operating charges 640/8 €181 €220 +€39 +21.6%
Gross operating margin 9900 €11,195 €9,404 -€1,791 -16.0%
Operating profit (loss) 9901 €11,014 €8,962 -€2,052 -18.6%
Financial income 75/76B €43 €107 +€64 +150.5%
Recurring financial income 75 €43 €107 +€64 +150.5%
Financial charges 65/66B €64 €66 +€2 +3.0%
Recurring financial charges 65 €64 €66 +€2 +3.0%
Profit (loss) for the period before taxes 9903 €10,993 €9,003 -€1,990 -18.1%
Income taxes 67/77 €2,278 €1,865 -€413 -18.1%
Profit (loss) for the period 9904 €8,715 €7,138 -€1,577 -18.1%
Profit (loss) for the period to be appropriated 9905 €8,715 €7,138 -€1,577 -18.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.