QuinX: 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.
QuinX
Largest movements
- Cash +€294,815
up €294,815 (+206.5%), from €142,754 to €437,569
mainly Other debts (+€403,084) and Current investments (+€215,002)
- Current investments -€215,002
down €215,002 (-69.4%), from €310,001 to €94,999
- Receivables within one year +€25,825
up €25,825 (+179.6%), from €14,378 to €40,203
of which Trade receivables: +€24,680
- Other debts +€403,084
up €403,084 (+15142.1%), from €2,662 to €405,746
- Reserves -€309,779
down €309,779 (-67.5%), from €458,914 to €149,135
of which Distributable reserves: -€307,924
- Tax, wage and social debts +€6,936
up €6,936 (+92.9%), from €7,466 to €14,402
- Gross operating margin +€8,313
up €8,313 (+7.8%), from €105,914 to €114,227
- Financial income +€6,648
up €6,648 (+668.8%), from €994 to €7,642
- Taxes +€3,736
up €3,736 (+17.4%), from €21,449 to €25,185
- Depreciation -€1,772
down €1,772 (-25.9%), from €6,850 to €5,078
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 | €491,710 | €590,808 | +€99,098 | +20.2% |
| Fixed assets | 21/28 | €21,455 | €16,377 | -€5,078 | -23.7% |
| Tangible fixed assets | 22/27 | €21,455 | €16,377 | -€5,078 | -23.7% |
| Plant, machinery and equipment | 23 | €4,384 | €2,894 | -€1,490 | -34.0% |
| Furniture and vehicles | 24 | €10,531 | €7,840 | -€2,691 | -25.6% |
| Other tangible fixed assets | 26 | €6,540 | €5,643 | -€897 | -13.7% |
| Current assets | 29/58 | €470,255 | €574,431 | +€104,176 | +22.2% |
| Amounts receivable within one year | 40/41 | €14,378 | €40,203 | +€25,825 | +179.6% |
| Trade receivables | 40 | €12,187 | €36,867 | +€24,680 | +202.5% |
| Other amounts receivable | 41 | €2,191 | €3,336 | +€1,145 | +52.3% |
| Current investments | 50/53 | €310,001 | €94,999 | -€215,002 | -69.4% |
| Cash at bank and in hand | 54/58 | €142,754 | €437,569 | +€294,815 | +206.5% |
| Deferred charges and accrued income | 490/1 | €3,122 | €1,660 | -€1,462 | -46.8% |
| Total equity and liabilities | 10/49 | €491,710 | €590,808 | +€99,098 | +20.2% |
| Equity | 10/15 | €477,464 | €167,685 | -€309,779 | -64.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €458,914 | €149,135 | -€309,779 | -67.5% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €457,059 | €149,135 | -€307,924 | -67.4% |
| Amounts payable | 17/49 | €14,246 | €423,123 | +€408,877 | +2870.1% |
| Amounts payable within one year | 42/48 | €14,246 | €423,123 | +€408,877 | +2870.1% |
| Trade debts | 44 | €4,118 | €2,975 | -€1,143 | -27.8% |
| Suppliers | 440/4 | €4,118 | €2,975 | -€1,143 | -27.8% |
| Taxes, remuneration and social security | 45 | €7,466 | €14,402 | +€6,936 | +92.9% |
| Taxes | 450/3 | €7,466 | €14,402 | +€6,936 | +92.9% |
| Other amounts payable | 47/48 | €2,662 | €405,746 | +€403,084 | +15142.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,850 | €5,078 | -€1,772 | -25.9% |
| Other operating charges | 640/8 | €1,175 | €1,227 | +€52 | +4.4% |
| Gross operating margin | 9900 | €105,914 | €114,227 | +€8,313 | +7.8% |
| Operating profit (loss) | 9901 | €97,889 | €107,922 | +€10,033 | +10.2% |
| Financial income | 75/76B | €994 | €7,642 | +€6,648 | +668.8% |
| Recurring financial income | 75 | €994 | €7,642 | +€6,648 | +668.8% |
| Financial charges | 65/66B | €135 | €158 | +€23 | +17.0% |
| Recurring financial charges | 65 | €135 | €158 | +€23 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €98,748 | €115,406 | +€16,658 | +16.9% |
| Income taxes | 67/77 | €21,449 | €25,185 | +€3,736 | +17.4% |
| Profit (loss) for the period | 9904 | €77,299 | €90,221 | +€12,922 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €77,299 | €90,221 | +€12,922 | +16.7% |
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 5 October 2026 via checked.be.