QUINTUS LAW: what changed
QUINTUS LAW
Largest movements
- Receivables within one year +€36,373
up €36,373 (+271%), from €13,406 to €49,779
of which Trade receivables: +€18,967
- Tangible fixed assets +€24,848
up €24,848 (+385%), from €6,453 to €31,301
of which Other tangible fixed assets: +€25,164
- Cash -€18,262
down €18,262 (-21.0%), from €86,909 to €68,647
mainly Receivables within one year (-€36,373) and Investment in fixed assets (net) (-€29,435)
- Profit (loss) carried forward +€23,127
up €23,127 (+101%), from €22,941 to €46,069
- Trade debts +€11,824
up €11,824 (+167%), from €7,100 to €18,924
- Advances received +€7,129
up €7,129 (+1,927%), from €370 to €7,499
- Tax, wage and social debts +€2,540
up €2,540 (+31.6%), from €8,027 to €10,568
- Other debts -€1,661
down €1,661 (-97.2%), from €1,709 to €48
- Depreciation +€726
up €726 (+18.8%), from €3,861 to €4,587
- Financial income +€704
up €704, from €0 to €704
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,768 | €149,727 | +€42,959 | +40.2% |
| Fixed assets | 21/28 | €6,453 | €31,301 | +€24,848 | +385% |
| Tangible fixed assets | 22/27 | €6,453 | €31,301 | +€24,848 | +385% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €6,453 | €6,137 | -€316 | -4.9% |
| Other tangible fixed assets | 26 | - | €25,164 | +€25,164 | |
| Current assets | 29/58 | €100,315 | €118,426 | +€18,111 | +18.1% |
| Amounts receivable within one year | 40/41 | €13,406 | €49,779 | +€36,373 | +271% |
| Trade receivables | 40 | €12,528 | €31,496 | +€18,967 | +151% |
| Other amounts receivable | 41 | €877 | €18,283 | +€17,406 | +1,984% |
| Cash at bank and in hand | 54/58 | €86,909 | €68,647 | -€18,262 | -21.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €106,768 | €149,727 | +€42,959 | +40.2% |
| Equity | 10/15 | €89,561 | €112,689 | +€23,127 | +25.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €65,620 | €65,620 | = | 0.0% |
| Distributable reserves | 133 | €65,620 | €65,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,941 | €46,069 | +€23,127 | +101% |
| Amounts payable | 17/49 | €17,207 | €37,038 | +€19,832 | +115% |
| Amounts payable within one year | 42/48 | €17,207 | €37,038 | +€19,832 | +115% |
| Trade debts | 44 | €7,100 | €18,924 | +€11,824 | +167% |
| Suppliers | 440/4 | €7,100 | €18,924 | +€11,824 | +167% |
| Advances received on contracts in progress | 46 | €370 | €7,499 | +€7,129 | +1,927% |
| Taxes, remuneration and social security | 45 | €8,027 | €10,568 | +€2,540 | +31.6% |
| Taxes | 450/3 | €8,027 | €10,568 | +€2,540 | +31.6% |
| Other amounts payable | 47/48 | €1,709 | €48 | -€1,661 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,861 | €4,587 | +€726 | +18.8% |
| Other operating charges | 640/8 | €558 | €715 | +€157 | +28.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €34,065 | €34,343 | +€278 | +0.8% |
| Operating profit (loss) | 9901 | €29,647 | €29,042 | -€605 | -2.0% |
| Financial income | 75/76B | €0 | €704 | +€704 | |
| Recurring financial income | 75 | €0 | €704 | +€704 | |
| Financial charges | 65/66B | €92 | €172 | +€80 | +86.4% |
| Recurring financial charges | 65 | €92 | €172 | +€80 | +86.4% |
| Profit (loss) for the period before taxes | 9903 | €29,554 | €29,573 | +€19 | +0.1% |
| Income taxes | 67/77 | €6,623 | €6,446 | -€177 | -2.7% |
| Profit (loss) for the period | 9904 | €22,932 | €23,127 | +€196 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,932 | €23,127 | +€196 | +0.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.