QUJA Investments: 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.
QUJA Investments
Largest movements
- Cash +€428,301
up €428,301 (+1,264%), from €33,879 to €462,180
mainly Current investments (+€275,000) and Net result for the year (+€88,636)
- Current investments -€275,000
no longer reported in 2025 (was €275,000)
- Receivables within one year -€52,500
no longer reported in 2025 (was €52,500)
- Tangible fixed assets -€6,444
down €6,444 (-28.1%), from €22,943 to €16,499
of which Plant, machinery and equipment: -€4,733
- Reserves +€88,636
up €88,636 (+24.9%), from €355,586 to €444,222
of which Distributable reserves: +€88,636
- Other debts +€5,650
up €5,650 (+88.4%), from €6,393 to €12,043
- Gross operating margin +€7,221
up €7,221 (+6.0%), from €119,836 to €127,057
- Financial income -€1,754
down €1,754 (-28.5%), from €6,158 to €4,404
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 | €385,823 | €479,906 | +€94,083 | +24.4% |
| Fixed assets | 21/28 | €22,943 | €16,499 | -€6,444 | -28.1% |
| Tangible fixed assets | 22/27 | €22,943 | €16,499 | -€6,444 | -28.1% |
| Land and buildings | 22 | €7,197 | €5,486 | -€1,711 | -23.8% |
| Plant, machinery and equipment | 23 | €15,746 | €11,013 | -€4,733 | -30.1% |
| Current assets | 29/58 | €362,880 | €463,407 | +€100,527 | +27.7% |
| Amounts receivable within one year | 40/41 | €52,500 | - | -€52,500 | |
| Trade receivables | 40 | €52,500 | - | -€52,500 | |
| Current investments | 50/53 | €275,000 | - | -€275,000 | |
| Cash at bank and in hand | 54/58 | €33,879 | €462,180 | +€428,301 | +1,264% |
| Deferred charges and accrued income | 490/1 | €1,501 | €1,227 | -€274 | -18.3% |
| Total equity and liabilities | 10/49 | €385,823 | €479,906 | +€94,083 | +24.4% |
| Equity | 10/15 | €368,485 | €457,121 | +€88,636 | +24.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €355,586 | €444,222 | +€88,636 | +24.9% |
| 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 | €353,726 | €442,362 | +€88,636 | +25.1% |
| Profit (loss) carried forward | 14 | €499 | €499 | = | 0.0% |
| Amounts payable | 17/49 | €17,338 | €22,785 | +€5,447 | +31.4% |
| Amounts payable within one year | 42/48 | €17,338 | €22,785 | +€5,447 | +31.4% |
| Trade debts | 44 | €1,152 | €1,214 | +€62 | +5.4% |
| Suppliers | 440/4 | €1,152 | €1,214 | +€62 | +5.4% |
| Taxes, remuneration and social security | 45 | €9,793 | €9,528 | -€265 | -2.7% |
| Taxes | 450/3 | €9,793 | €9,528 | -€265 | -2.7% |
| Other amounts payable | 47/48 | €6,393 | €12,043 | +€5,650 | +88.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,856 | €6,444 | -€412 | -6.0% |
| Other operating charges | 640/8 | €632 | €659 | +€27 | +4.3% |
| Gross operating margin | 9900 | €119,836 | €127,057 | +€7,221 | +6.0% |
| Operating profit (loss) | 9901 | €112,348 | €119,954 | +€7,606 | +6.8% |
| Financial income | 75/76B | €6,158 | €4,404 | -€1,754 | -28.5% |
| Recurring financial income | 75 | €6,158 | €4,404 | -€1,754 | -28.5% |
| Financial charges | 65/66B | €78 | €77 | -€1 | -1.3% |
| Recurring financial charges | 65 | €78 | €77 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €118,428 | €124,281 | +€5,853 | +4.9% |
| Income taxes | 67/77 | €34,522 | €35,645 | +€1,123 | +3.3% |
| Profit (loss) for the period | 9904 | €83,906 | €88,636 | +€4,730 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,906 | €88,636 | +€4,730 | +5.6% |
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 31 October 2026 via checked.be.