Quirio: 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.
Quirio
Largest movements
- Cash +€25,596
up €25,596 (+133%), from €19,269 to €44,866
mainly Net result for the year (+€28,765) and Tax, wage and social debts (+€14,919)
- Receivables within one year +€3,486
up €3,486 (+75.5%), from €4,615 to €8,101
of which Trade receivables: +€3,140
- Tangible fixed assets -€3,430
down €3,430 (-2.5%), from €135,030 to €131,600
of which Land and buildings: -€4,180
- Reserves +€28,765
up €28,765 (+34.1%), from €84,457 to €113,222
of which Distributable reserves: +€28,765
- Other debts -€17,808
down €17,808 (-46.9%), from €37,963 to €20,155
- Tax, wage and social debts +€14,919
up €14,919 (+103%), from €14,553 to €29,473
- Gross operating margin +€18,675
up €18,675 (+55.3%), from €33,769 to €52,444
- Taxes +€6,069
up €6,069 (+63.5%), from €9,557 to €15,626
- Depreciation +€678
up €678 (+15.1%), from €4,477 to €5,155
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.
Derived cash bridge
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 | €159,424 | €185,675 | +€26,252 | +16.5% |
| Fixed assets | 21/28 | €135,030 | €131,600 | -€3,430 | -2.5% |
| Tangible fixed assets | 22/27 | €135,030 | €131,600 | -€3,430 | -2.5% |
| Land and buildings | 22 | €132,844 | €128,664 | -€4,180 | -3.1% |
| Furniture and vehicles | 24 | €2,186 | €2,936 | +€750 | +34.3% |
| Current assets | 29/58 | €24,394 | €54,076 | +€29,682 | +122% |
| Amounts receivable within one year | 40/41 | €4,615 | €8,101 | +€3,486 | +75.5% |
| Trade receivables | 40 | €4,525 | €7,665 | +€3,140 | +69.4% |
| Other amounts receivable | 41 | €90 | €436 | +€346 | +384% |
| Cash at bank and in hand | 54/58 | €19,269 | €44,866 | +€25,596 | +133% |
| Deferred charges and accrued income | 490/1 | €509 | €1,109 | +€600 | +118% |
| Total equity and liabilities | 10/49 | €159,424 | €185,675 | +€26,252 | +16.5% |
| Equity | 10/15 | €103,057 | €131,822 | +€28,765 | +27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,457 | €113,222 | +€28,765 | +34.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €82,597 | €111,362 | +€28,765 | +34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | 0.0% |
| Amounts payable | 17/49 | €56,367 | €53,854 | -€2,514 | -4.5% |
| Amounts payable within one year | 42/48 | €56,367 | €53,854 | -€2,514 | -4.5% |
| Trade debts | 44 | €3,851 | €4,226 | +€375 | +9.7% |
| Suppliers | 440/4 | €3,851 | €4,226 | +€375 | +9.7% |
| Taxes, remuneration and social security | 45 | €14,553 | €29,473 | +€14,919 | +103% |
| Taxes | 450/3 | €14,553 | €29,473 | +€14,919 | +103% |
| Other amounts payable | 47/48 | €37,963 | €20,155 | -€17,808 | -46.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,477 | €5,155 | +€678 | +15.1% |
| Other operating charges | 640/8 | €2,218 | €2,179 | -€39 | -1.8% |
| Gross operating margin | 9900 | €33,769 | €52,444 | +€18,675 | +55.3% |
| Operating profit (loss) | 9901 | €27,074 | €45,110 | +€18,036 | +66.6% |
| Financial income | 75/76B | €88 | €66 | -€22 | -24.6% |
| Recurring financial income | 75 | €88 | €66 | -€22 | -24.6% |
| Financial charges | 65/66B | €418 | €785 | +€367 | +87.7% |
| Recurring financial charges | 65 | €418 | €785 | +€367 | +87.7% |
| Profit (loss) for the period before taxes | 9903 | €26,743 | €44,391 | +€17,648 | +66.0% |
| Income taxes | 67/77 | €9,557 | €15,626 | +€6,069 | +63.5% |
| Profit (loss) for the period | 9904 | €17,187 | €28,765 | +€11,579 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,187 | €28,765 | +€11,579 | +67.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.