QUIXAN: 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.
QUIXAN
Largest movements
- Receivables within one year +€19,744
up €19,744 (+4163.2%), from €474 to €20,218
of which Trade receivables: +€12,999
- Cash -€12,677
down €12,677 (-13.4%), from €94,712 to €82,035
mainly Receivables within one year (-€19,744) and Contributions, distributions and other (-€17,098)
- Tangible fixed assets -€11,180
down €11,180 (-43.0%), from €26,012 to €14,832
of which Furniture and vehicles: -€10,243
- Reserves -€3,060
down €3,060 (-2.9%), from €105,008 to €101,948
- Tax, wage and social debts -€2,353
down €2,353 (-29.8%), from €7,907 to €5,554
- Other debts +€1,622
up €1,622 (+96.8%), from €1,676 to €3,298
- Gross operating margin -€16,837
down €16,837 (-38.1%), from €44,215 to €27,377
- Depreciation -€3,945
down €3,945 (-53.3%), from €7,398 to €3,453
- Taxes -€3,627
down €3,627 (-33.1%), from €10,942 to €7,315
- Financial charges +€624
up €624 (+378.6%), from €165 to €789
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 | €121,893 | €117,755 | -€4,138 | -3.4% |
| Fixed assets | 21/28 | €26,012 | €14,832 | -€11,180 | -43.0% |
| Tangible fixed assets | 22/27 | €26,012 | €14,832 | -€11,180 | -43.0% |
| Plant, machinery and equipment | 23 | - | €689 | +€689 | |
| Furniture and vehicles | 24 | €13,046 | €2,803 | -€10,243 | -78.5% |
| Other tangible fixed assets | 26 | €12,966 | €11,340 | -€1,626 | -12.5% |
| Current assets | 29/58 | €95,881 | €102,923 | +€7,042 | +7.3% |
| Amounts receivable within one year | 40/41 | €474 | €20,218 | +€19,744 | +4163.2% |
| Trade receivables | 40 | €333 | €13,331 | +€12,999 | +3906.4% |
| Other amounts receivable | 41 | €142 | €6,887 | +€6,745 | +4767.0% |
| Cash at bank and in hand | 54/58 | €94,712 | €82,035 | -€12,677 | -13.4% |
| Deferred charges and accrued income | 490/1 | €695 | €670 | -€25 | -3.6% |
| Total equity and liabilities | 10/49 | €121,893 | €117,755 | -€4,138 | -3.4% |
| Equity | 10/15 | €111,219 | €108,159 | -€3,060 | -2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,008 | €101,948 | -€3,060 | -2.9% |
| Distributable reserves | 133 | €105,008 | €101,948 | -€3,060 | -2.9% |
| Profit (loss) carried forward | 14 | €11 | €11 | = | 0.0% |
| Amounts payable | 17/49 | €10,674 | €9,595 | -€1,079 | -10.1% |
| Amounts payable within one year | 42/48 | €10,674 | €9,288 | -€1,386 | -13.0% |
| Trade debts | 44 | €1,091 | €435 | -€656 | -60.1% |
| Suppliers | 440/4 | €1,091 | €435 | -€656 | -60.1% |
| Taxes, remuneration and social security | 45 | €7,907 | €5,554 | -€2,353 | -29.8% |
| Taxes | 450/3 | €7,907 | €5,554 | -€2,353 | -29.8% |
| Other amounts payable | 47/48 | €1,676 | €3,298 | +€1,622 | +96.8% |
| Accrued charges and deferred income | 492/3 | - | €308 | +€308 | |
| Non-recurring operating income | 76A | €1,720 | - | -€1,720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,398 | €3,453 | -€3,945 | -53.3% |
| Other operating charges | 640/8 | €1,308 | €1,353 | +€46 | +3.5% |
| Non-recurring operating charges | 66A | - | €428 | +€428 | |
| Gross operating margin | 9900 | €44,215 | €27,377 | -€16,837 | -38.1% |
| Operating profit (loss) | 9901 | €35,509 | €22,142 | -€13,367 | -37.6% |
| Financial income | 75/76B | €16 | €0 | -€16 | -99.9% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -99.9% |
| Financial charges | 65/66B | €165 | €789 | +€624 | +378.6% |
| Recurring financial charges | 65 | €165 | €789 | +€624 | +378.6% |
| Profit (loss) for the period before taxes | 9903 | €35,360 | €21,354 | -€14,007 | -39.6% |
| Income taxes | 67/77 | €10,942 | €7,315 | -€3,627 | -33.1% |
| Profit (loss) for the period | 9904 | €24,418 | €14,039 | -€10,379 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,418 | €14,039 | -€10,379 | -42.5% |
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 9 October 2026 via checked.be.