QUINTUS CONSULT: 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.
What changed
QUINTUS CONSULT
NACE 73.300, Public relations and communication consultancy
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€184,704
2023 · €348,360-€163,656
Equity
€2.5m
2023 · €2.3m+€184,704
Cash
€29,102
2023 · €4,274+€24,828
Balance sheet total
€3.0m
2023 · €3.3m-€340,315
Largest movements
Assets
- Current investments -€415,999
down €415,999 (-40.0%), from €1.0m to €622,944
- Receivables after one year +€39,243
up €39,243 (+4.1%), from €959,480 to €998,723
- Receivables within one year +€35,809
up €35,809 (+10.0%), from €357,454 to €393,263
of which Trade receivables: +€31,755
Equity and liabilities
- Trade debts -€499,599
down €499,599 (-86.4%), from €578,410 to €78,811
- Reserves +€184,704
up €184,704 (+8.0%), from €2.3m to €2.5m
of which Distributable reserves: +€184,704
Income statement
- Gross operating margin -€287,034
down €287,034 (-75.1%), from €381,972 to €94,939
- Financial income +€146,917
up €146,917 (+392%), from €37,479 to €184,396
- Taxes +€10,063
up €10,063 (+115%), from €8,731 to €18,794
- Depreciation +€7,184
up €7,184 (+15.2%), from €47,234 to €54,418
- Financial charges +€6,083
up €6,083 (+57.5%), from €10,574 to €16,657
From the 2023 result to the 2024 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 2023
€348,360
Gross operating margin
-€287,034
Staff costs
+€1,208
Depreciation
-€7,184
Other operating charges
-€1,418
Financial income
+€146,917
Financial charges
-€6,083
Taxes
-€10,063
Result 2024
€184,704
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€340,550
Investment
+€387,387
Financing
-€22,010
Cash 2023
€4,274
From operations (derived)
-€340,550
Net result for the year
+€184,704
Depreciation
+€54,418
Receivables after one year
-€39,243
Receivables within one year
-€35,809
Deferred charges and accrued income
-€1,610
Trade debts
-€499,599
Tax, wage and social debts
+€25,651
Other debts
-€28,060
Accrued charges and deferred income
-€1,000
Investment (derived)
+€387,387
Investment in fixed assets (net)
-€28,611
Current investments
+€415,999
Financing
-€22,010
Debts after one year
-€22,948
Current portion of long-term debt
+€938
Cash 2024
€29,102
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,324,003 | €2,983,688 | -€340,315 | -10.2% |
| Fixed assets | 21/28 | €963,852 | €938,045 | -€25,806 | -2.7% |
| Tangible fixed assets | 22/27 | €963,852 | €938,045 | -€25,806 | -2.7% |
| Land and buildings | 22 | €940,580 | €921,245 | -€19,336 | -2.1% |
| Plant, machinery and equipment | 23 | €3,195 | €723 | -€2,472 | -77.4% |
| Furniture and vehicles | 24 | €20,076 | €16,077 | -€3,999 | -19.9% |
| Current assets | 29/58 | €2,360,151 | €2,045,642 | -€314,509 | -13.3% |
| Amounts receivable after more than one year | 29 | €959,480 | €998,723 | +€39,243 | +4.1% |
| Other amounts receivable | 291 | €959,480 | €998,723 | +€39,243 | +4.1% |
| Amounts receivable within one year | 40/41 | €357,454 | €393,263 | +€35,809 | +10.0% |
| Trade receivables | 40 | €13,788 | €45,543 | +€31,755 | +230% |
| Other amounts receivable | 41 | €343,666 | €347,720 | +€4,054 | +1.2% |
| Current investments | 50/53 | €1,038,942 | €622,944 | -€415,999 | -40.0% |
| Cash at bank and in hand | 54/58 | €4,274 | €29,102 | +€24,828 | +581% |
| Deferred charges and accrued income | 490/1 | - | €1,610 | +€1,610 | |
| Total equity and liabilities | 10/49 | €3,324,003 | €2,983,688 | -€340,315 | -10.2% |
| Equity | 10/15 | €2,323,916 | €2,508,620 | +€184,704 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €2,311,516 | €2,496,220 | +€184,704 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,383 | €33,383 | = | 0.0% |
| Distributable reserves | 133 | €2,276,273 | €2,460,977 | +€184,704 | +8.1% |
| Amounts payable | 17/49 | €1,000,087 | €475,068 | -€525,019 | -52.5% |
| Amounts payable after more than one year | 17 | €296,868 | €273,920 | -€22,948 | -7.7% |
| Financial debts | 170/4 | €296,868 | €273,920 | -€22,948 | -7.7% |
| Amounts payable within one year | 42/48 | €681,498 | €180,427 | -€501,071 | -73.5% |
| Current portion of amounts payable after more than one year | 42 | €57,210 | €58,148 | +€938 | +1.6% |
| Trade debts | 44 | €578,410 | €78,811 | -€499,599 | -86.4% |
| Suppliers | 440/4 | €578,410 | €78,811 | -€499,599 | -86.4% |
| Taxes, remuneration and social security | 45 | €17,817 | €43,468 | +€25,651 | +144% |
| Taxes | 450/3 | €14,840 | €34,446 | +€19,606 | +132% |
| Remuneration and social security | 454/9 | €2,977 | €9,022 | +€6,045 | +203% |
| Other amounts payable | 47/48 | €28,060 | €0 | -€28,060 | -100% |
| Accrued charges and deferred income | 492/3 | €21,721 | €20,721 | -€1,000 | -4.6% |
| Non-recurring operating income | 76A | €391,507 | €0 | -€391,507 | -100% |
| Remuneration, social security and pensions | 62 | €1,208 | - | -€1,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,234 | €54,418 | +€7,184 | +15.2% |
| Other operating charges | 640/8 | €3,344 | €4,762 | +€1,418 | +42.4% |
| Gross operating margin | 9900 | €381,972 | €94,939 | -€287,034 | -75.1% |
| Operating profit (loss) | 9901 | €330,187 | €35,759 | -€294,427 | -89.2% |
| Financial income | 75/76B | €37,479 | €184,396 | +€146,917 | +392% |
| Recurring financial income | 75 | €37,479 | €184,396 | +€146,917 | +392% |
| Financial charges | 65/66B | €10,574 | €16,657 | +€6,083 | +57.5% |
| Recurring financial charges | 65 | €10,574 | €16,657 | +€6,083 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €357,091 | €203,498 | -€153,593 | -43.0% |
| Income taxes | 67/77 | €8,731 | €18,794 | +€10,063 | +115% |
| Profit (loss) for the period | 9904 | €348,360 | €184,704 | -€163,656 | -47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €348,360 | €184,704 | -€163,656 | -47.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.