QUIZAR: 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.
QUIZAR
Largest movements
- Cash +€6,836
up €6,836 (+371.7%), from €1,839 to €8,674
mainly Net result for the year (+€23,167) and Receivables within one year (+€5,615)
- Receivables within one year -€5,615
down €5,615 (-10.7%), from €52,562 to €46,947
of which Other amounts receivable: -€5,615
- Tangible fixed assets -€3,399
down €3,399 (-70.7%), from €4,805 to €1,406
- Reserves +€3,569
up €3,569 (+8.5%), from €42,109 to €45,679
- Other debts -€3,000
down €3,000 (-100.0%), from €3,000 to €0
- Current portion of long-term debt -€1,924
down €1,924 (-100.0%), from €1,924 to €0
- Trade debts -€624
down €624 (-42.9%), from €1,455 to €831
- Taxes +€1,129
up €1,129 (+10.7%), from €10,531 to €11,660
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 | €59,611 | €57,767 | -€1,844 | -3.1% |
| Fixed assets | 21/28 | €5,180 | €1,781 | -€3,399 | -65.6% |
| Tangible fixed assets | 22/27 | €4,805 | €1,406 | -€3,399 | -70.7% |
| Furniture and vehicles | 24 | €4,805 | €1,406 | -€3,399 | -70.7% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €54,431 | €55,986 | +€1,555 | +2.9% |
| Amounts receivable within one year | 40/41 | €52,562 | €46,947 | -€5,615 | -10.7% |
| Trade receivables | 40 | €27,100 | €27,100 | = | 0.0% |
| Other amounts receivable | 41 | €25,462 | €19,847 | -€5,615 | -22.1% |
| Cash at bank and in hand | 54/58 | €1,839 | €8,674 | +€6,836 | +371.7% |
| Deferred charges and accrued income | 490/1 | €30 | €364 | +€334 | +1107.0% |
| Total equity and liabilities | 10/49 | €59,611 | €57,767 | -€1,844 | -3.1% |
| Equity | 10/15 | €48,309 | €51,879 | +€3,569 | +7.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,109 | €45,679 | +€3,569 | +8.5% |
| Distributable reserves | 133 | €42,109 | €45,679 | +€3,569 | +8.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,302 | €5,889 | -€5,413 | -47.9% |
| Amounts payable within one year | 42/48 | €11,302 | €5,889 | -€5,413 | -47.9% |
| Current portion of amounts payable after more than one year | 42 | €1,924 | €0 | -€1,924 | -100.0% |
| Trade debts | 44 | €1,455 | €831 | -€624 | -42.9% |
| Suppliers | 440/4 | €1,455 | €831 | -€624 | -42.9% |
| Taxes, remuneration and social security | 45 | €4,923 | €5,058 | +€135 | +2.7% |
| Taxes | 450/3 | €4,923 | €3,141 | -€1,782 | -36.2% |
| Remuneration and social security | 454/9 | - | €1,917 | +€1,917 | |
| Other amounts payable | 47/48 | €3,000 | €0 | -€3,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,399 | €3,399 | = | 0.0% |
| Other operating charges | 640/8 | €933 | €1,115 | +€182 | +19.5% |
| Gross operating margin | 9900 | €39,623 | €39,461 | -€161 | -0.4% |
| Operating profit (loss) | 9901 | €35,291 | €34,947 | -€344 | -1.0% |
| Financial charges | 65/66B | €329 | €121 | -€208 | -63.3% |
| Recurring financial charges | 65 | €329 | €121 | -€208 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €34,962 | €34,826 | -€136 | -0.4% |
| Income taxes | 67/77 | €10,531 | €11,660 | +€1,129 | +10.7% |
| Profit (loss) for the period | 9904 | €24,431 | €23,167 | -€1,265 | -5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,431 | €23,167 | -€1,265 | -5.2% |
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 12 October 2026 via checked.be.