QUISPEL: 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.
QUISPEL
Largest movements
- Cash +€41,178
up €41,178 (+173%), from €23,784 to €64,962
mainly Net result for the year (+€59,754) and Other debts (+€52,483)
- Tangible fixed assets +€33,182
up €33,182 (+113%), from €29,400 to €62,581
of which Furniture and vehicles: +€33,182
- Receivables within one year -€2,229
down €2,229 (-12.2%), from €18,244 to €16,016
of which Other amounts receivable: -€9,974
- Other debts +€52,483
up €52,483 (+197%), from €26,642 to €79,125
- Profit (loss) carried forward +€25,754
up €25,754 (+329%), from €7,824 to €33,578
- Tax, wage and social debts -€6,084
down €6,084 (-37.6%), from €16,187 to €10,103
- Debts after one year -€4,000
down €4,000 (-54.2%), from €7,378 to €3,378
- Trade debts +€3,977
up €3,977 (+36.0%), from €11,056 to €15,033
- Gross operating margin +€36,843
up €36,843 (+109%), from €33,916 to €70,759
- Taxes +€3,908
up €3,908 (+126%), from €3,098 to €7,006
- Depreciation -€3,388
down €3,388 (-39.2%), from €8,642 to €5,254
- Financial income +€2,236
new in 2025: €2,236
- Financial charges +€817
up €817 (+500%), from €163 to €981
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 | €72,087 | €144,217 | +€72,131 | +100% |
| Fixed assets | 21/28 | €29,400 | €62,581 | +€33,182 | +113% |
| Tangible fixed assets | 22/27 | €29,400 | €62,581 | +€33,182 | +113% |
| Plant, machinery and equipment | 23 | €23,048 | €23,048 | = | 0.0% |
| Furniture and vehicles | 24 | €6,352 | €39,534 | +€33,182 | +522% |
| Current assets | 29/58 | €42,687 | €81,636 | +€38,949 | +91.2% |
| Amounts receivable within one year | 40/41 | €18,244 | €16,016 | -€2,229 | -12.2% |
| Trade receivables | 40 | €676 | €8,422 | +€7,746 | +1,145% |
| Other amounts receivable | 41 | €17,568 | €7,594 | -€9,974 | -56.8% |
| Cash at bank and in hand | 54/58 | €23,784 | €64,962 | +€41,178 | +173% |
| Deferred charges and accrued income | 490/1 | €658 | €658 | = | 0.0% |
| Total equity and liabilities | 10/49 | €72,087 | €144,217 | +€72,131 | +100% |
| Equity | 10/15 | €10,824 | €36,578 | +€25,754 | +238% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,824 | €33,578 | +€25,754 | +329% |
| Amounts payable | 17/49 | €61,263 | €107,639 | +€46,376 | +75.7% |
| Amounts payable after more than one year | 17 | €7,378 | €3,378 | -€4,000 | -54.2% |
| Financial debts | 170/4 | €7,378 | €3,378 | -€4,000 | -54.2% |
| Amounts payable within one year | 42/48 | €53,885 | €104,261 | +€50,376 | +93.5% |
| Trade debts | 44 | €11,056 | €15,033 | +€3,977 | +36.0% |
| Suppliers | 440/4 | €11,056 | €15,033 | +€3,977 | +36.0% |
| Taxes, remuneration and social security | 45 | €16,187 | €10,103 | -€6,084 | -37.6% |
| Taxes | 450/3 | €16,187 | €10,103 | -€6,084 | -37.6% |
| Other amounts payable | 47/48 | €26,642 | €79,125 | +€52,483 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,642 | €5,254 | -€3,388 | -39.2% |
| Gross operating margin | 9900 | €33,916 | €70,759 | +€36,843 | +109% |
| Operating profit (loss) | 9901 | €25,274 | €65,505 | +€40,231 | +159% |
| Financial income | 75/76B | - | €2,236 | +€2,236 | |
| Recurring financial income | 75 | - | €2,236 | +€2,236 | |
| Financial charges | 65/66B | €163 | €981 | +€817 | +500% |
| Recurring financial charges | 65 | €163 | €981 | +€817 | +500% |
| Profit (loss) for the period before taxes | 9903 | €25,111 | €66,760 | +€41,649 | +166% |
| Income taxes | 67/77 | €3,098 | €7,006 | +€3,908 | +126% |
| Profit (loss) for the period | 9904 | €22,013 | €59,754 | +€37,741 | +171% |
| Profit (loss) for the period to be appropriated | 9905 | €22,013 | €59,754 | +€37,741 | +171% |
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 21 October 2026 via checked.be.