QUIRINTIUS: 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.
QUIRINTIUS
Largest movements
- Cash -€23,719
down €23,719 (-37.3%), from €63,555 to €39,836
mainly Other debts (-€31,301) and Debts after one year (-€5,139)
- Financial fixed assets -€9,325
down €9,325 (-3.5%), from €263,520 to €254,195
- Other debts -€31,301
no longer reported in 2025 (was €31,301)
- Debts after one year -€5,139
down €5,139 (-4.1%), from €123,939 to €118,800
- Reserves +€4,766
up €4,766 (+18.7%), from €25,459 to €30,225
- Financial income +€1,332
up €1,332 (+12.5%), from €10,620 to €11,952
- Gross operating margin +€1,121
up €1,121 (+61.0%), from -€1,838 to -€717
- Taxes +€691
up €691 (+43.6%), from €1,584 to €2,274
- Other operating charges +€400
new in 2025: €400
- Financial charges -€145
down €145 (-3.7%), from €3,940 to €3,795
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 | €336,856 | €305,289 | -€31,567 | -9.4% |
| Fixed assets | 21/28 | €263,520 | €254,195 | -€9,325 | -3.5% |
| Financial fixed assets | 28 | €263,520 | €254,195 | -€9,325 | -3.5% |
| Current assets | 29/58 | €73,336 | €51,093 | -€22,242 | -30.3% |
| Amounts receivable within one year | 40/41 | €9,781 | €11,257 | +€1,476 | +15.1% |
| Other amounts receivable | 41 | €9,781 | €11,257 | +€1,476 | +15.1% |
| Cash at bank and in hand | 54/58 | €63,555 | €39,836 | -€23,719 | -37.3% |
| Total equity and liabilities | 10/49 | €336,856 | €305,289 | -€31,567 | -9.4% |
| Equity | 10/15 | €175,459 | €180,225 | +€4,766 | +2.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €25,459 | €30,225 | +€4,766 | +18.7% |
| Distributable reserves | 133 | €25,459 | €30,225 | +€4,766 | +18.7% |
| Amounts payable | 17/49 | €161,397 | €125,064 | -€36,334 | -22.5% |
| Amounts payable after more than one year | 17 | €123,939 | €118,800 | -€5,139 | -4.1% |
| Financial debts | 170/4 | €123,939 | €118,800 | -€5,139 | -4.1% |
| Amounts payable within one year | 42/48 | €37,458 | €6,263 | -€31,195 | -83.3% |
| Current portion of amounts payable after more than one year | 42 | €4,989 | €5,139 | +€150 | +3.0% |
| Taxes, remuneration and social security | 45 | €1,168 | €1,125 | -€44 | -3.7% |
| Taxes | 450/3 | €1,168 | €1,125 | -€44 | -3.7% |
| Other amounts payable | 47/48 | €31,301 | - | -€31,301 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€1,838 | -€717 | +€1,121 | +61.0% |
| Operating profit (loss) | 9901 | -€1,838 | -€1,117 | +€721 | +39.2% |
| Financial income | 75/76B | €10,620 | €11,952 | +€1,332 | +12.5% |
| Recurring financial income | 75 | €10,620 | €11,952 | +€1,332 | +12.5% |
| Financial charges | 65/66B | €3,940 | €3,795 | -€145 | -3.7% |
| Recurring financial charges | 65 | €3,940 | €3,795 | -€145 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €4,841 | €7,041 | +€2,199 | +45.4% |
| Income taxes | 67/77 | €1,584 | €2,274 | +€691 | +43.6% |
| Profit (loss) for the period | 9904 | €3,258 | €4,766 | +€1,508 | +46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,258 | €4,766 | +€1,508 | +46.3% |
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 7 October 2026 via checked.be.