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QUINTUS: 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

QUINTUS

BE 0472.889.945
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4,559
2024 · €9,512-€4,953
Equity
€224,435
2024 · €219,876+€4,559
Cash
€116,993
2024 · €98,525+€18,468
Balance sheet total
€259,039
2024 · €254,763+€4,276

Largest movements

2024 to 2025
Assets
  • Cash +€18,468

    up €18,468 (+18.7%), from €98,525 to €116,993

    mainly Depreciation (+€14,197) and Other debts (+€5,893)

  • Tangible fixed assets -€14,197

    down €14,197 (-13.6%), from €104,075 to €89,878

    of which Land and buildings: -€14,197

Equity and liabilities
  • Current portion of long-term debt -€8,676

    no longer reported in 2025 (was €8,676)

  • Other debts +€5,893

    up €5,893 (+22.6%), from €26,037 to €31,930

  • Profit (loss) carried forward +€4,559

    up €4,559 (+4.9%), from €92,776 to €97,335

Income statement
  • Taxes +€4,867

    new in 2025: €4,867

  • Gross operating margin -€1,067

    down €1,067 (-3.7%), from €28,663 to €27,596

  • Depreciation -€919

    down €919 (-6.1%), from €15,116 to €14,197

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 €9,512
Gross operating margin -€1,067
Depreciation +€919
Other operating charges -€95
Financial charges +€157
Taxes -€4,867
Result 2025 €4,559

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 +€27,144
Investment €0
Financing -€8,676
Cash 2024 €98,525
Net result for the year +€4,559
Depreciation +€14,197
Deferred charges and accrued income -€5
Tax, wage and social debts +€2,500
Other debts +€5,893
Current portion of long-term debt -€8,676
Cash 2025 €116,993
Every line side by side 37 lines
Line Code 2024 2025 Change %
Total assets 20/58 €254,763 €259,039 +€4,276 +1.7%
Fixed assets 21/28 €104,075 €89,878 -€14,197 -13.6%
Tangible fixed assets 22/27 €104,075 €89,878 -€14,197 -13.6%
Land and buildings 22 €103,325 €89,128 -€14,197 -13.7%
Furniture and vehicles 24 €750 €750 = 0.0%
Current assets 29/58 €150,688 €169,161 +€18,473 +12.3%
Amounts receivable within one year 40/41 €52,081 €52,081 = 0.0%
Other amounts receivable 41 €52,081 €52,081 = 0.0%
Cash at bank and in hand 54/58 €98,525 €116,993 +€18,468 +18.7%
Deferred charges and accrued income 490/1 €82 €87 +€5 +6.1%
Total equity and liabilities 10/49 €254,763 €259,039 +€4,276 +1.7%
Equity 10/15 €219,876 €224,435 +€4,559 +2.1%
Contributions 10/11 €80,000 €80,000 = 0.0%
Capital 10 €80,000 €80,000 = 0.0%
Issued capital 100 €80,000 €80,000 = 0.0%
Reserves 13 €47,100 €47,100 = 0.0%
Non-distributable reserves 130/1 €47,100 €47,100 = 0.0%
Legal reserve 130 €47,100 €47,100 = 0.0%
Profit (loss) carried forward 14 €92,776 €97,335 +€4,559 +4.9%
Amounts payable 17/49 €34,887 €34,604 -€283 -0.8%
Amounts payable within one year 42/48 €34,713 €34,430 -€283 -0.8%
Current portion of amounts payable after more than one year 42 €8,676 - -€8,676
Taxes, remuneration and social security 45 - €2,500 +€2,500
Taxes 450/3 - €2,500 +€2,500
Other amounts payable 47/48 €26,037 €31,930 +€5,893 +22.6%
Accrued charges and deferred income 492/3 €174 €174 = 0.0%
Non-recurring operating income 76A €30,266 €29,192 -€1,074 -3.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,116 €14,197 -€919 -6.1%
Other operating charges 640/8 €3,638 €3,733 +€95 +2.6%
Gross operating margin 9900 €28,663 €27,596 -€1,067 -3.7%
Operating profit (loss) 9901 €9,909 €9,666 -€243 -2.5%
Financial charges 65/66B €397 €240 -€157 -39.5%
Recurring financial charges 65 €397 €240 -€157 -39.5%
Profit (loss) for the period before taxes 9903 €9,512 €9,426 -€86 -0.9%
Income taxes 67/77 - €4,867 +€4,867
Profit (loss) for the period 9904 €9,512 €4,559 -€4,953 -52.1%
Profit (loss) for the period to be appropriated 9905 €9,512 €4,559 -€4,953 -52.1%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.