Qumaco: 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.
Qumaco
Largest movements
- Tangible fixed assets -€54,194
down €54,194 (-5.4%), from €1.0m to €951,417
of which Land and buildings: -€66,670
- Cash -€30,139
down €30,139 (-96.7%), from €31,163 to €1,024
mainly Debts after one year (-€118,303) and Trade debts (-€40,671)
- Debts after one year -€118,303
down €118,303 (-16.6%), from €712,131 to €593,829
- Trade debts -€40,671
down €40,671 (-98.0%), from €41,510 to €838
- Reserves +€27,787
up €27,787 (+20.6%), from €134,905 to €162,692
- Current portion of long-term debt +€19,283
up €19,283 (+14.8%), from €130,426 to €149,709
- Tax, wage and social debts +€11,372
up €11,372 (+87.7%), from €12,964 to €24,336
of which Remuneration and social security: +€9,617
- Gross operating margin -€19,197
down €19,197 (-12.1%), from €159,067 to €139,870
- Taxes -€3,868
down €3,868 (-20.7%), from €18,709 to €14,841
- Depreciation +€2,405
up €2,405 (+3.3%), from €73,771 to €76,176
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 | €1,066,350 | €973,050 | -€93,300 | -8.7% |
| Fixed assets | 21/28 | €1,005,616 | €951,672 | -€53,944 | -5.4% |
| Tangible fixed assets | 22/27 | €1,005,611 | €951,417 | -€54,194 | -5.4% |
| Land and buildings | 22 | €971,824 | €905,154 | -€66,670 | -6.9% |
| Plant, machinery and equipment | 23 | €32,663 | €45,514 | +€12,850 | +39.3% |
| Furniture and vehicles | 24 | €1,124 | €749 | -€375 | -33.3% |
| Financial fixed assets | 28 | €5 | €255 | +€250 | +5000.0% |
| Current assets | 29/58 | €60,734 | €21,378 | -€39,356 | -64.8% |
| Amounts receivable within one year | 40/41 | €25,044 | €19,607 | -€5,437 | -21.7% |
| Trade receivables | 40 | €23,991 | €17,438 | -€6,553 | -27.3% |
| Other amounts receivable | 41 | €1,053 | €2,169 | +€1,115 | +105.9% |
| Cash at bank and in hand | 54/58 | €31,163 | €1,024 | -€30,139 | -96.7% |
| Deferred charges and accrued income | 490/1 | €4,527 | €747 | -€3,780 | -83.5% |
| Total equity and liabilities | 10/49 | €1,066,350 | €973,050 | -€93,300 | -8.7% |
| Equity | 10/15 | €141,105 | €168,892 | +€27,787 | +19.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €134,905 | €162,692 | +€27,787 | +20.6% |
| Distributable reserves | 133 | €134,905 | €162,692 | +€27,787 | +20.6% |
| Amounts payable | 17/49 | €925,245 | €804,158 | -€121,087 | -13.1% |
| Amounts payable after more than one year | 17 | €712,131 | €593,829 | -€118,303 | -16.6% |
| Financial debts | 170/4 | €712,131 | €593,829 | -€118,303 | -16.6% |
| Amounts payable within one year | 42/48 | €210,663 | €206,850 | -€3,813 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €130,426 | €149,709 | +€19,283 | +14.8% |
| Financial debts | 43 | - | €8,627 | +€8,627 | |
| Credit institutions | 430/8 | - | €8,627 | +€8,627 | |
| Trade debts | 44 | €41,510 | €838 | -€40,671 | -98.0% |
| Suppliers | 440/4 | €41,510 | €838 | -€40,671 | -98.0% |
| Taxes, remuneration and social security | 45 | €12,964 | €24,336 | +€11,372 | +87.7% |
| Taxes | 450/3 | €12,956 | €14,711 | +€1,755 | +13.5% |
| Remuneration and social security | 454/9 | €8 | €9,625 | +€9,617 | +120367.1% |
| Other amounts payable | 47/48 | €25,764 | €23,340 | -€2,424 | -9.4% |
| Accrued charges and deferred income | 492/3 | €2,451 | €3,480 | +€1,029 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,771 | €76,176 | +€2,405 | +3.3% |
| Other operating charges | 640/8 | €2,359 | €2,552 | +€193 | +8.2% |
| Gross operating margin | 9900 | €159,067 | €139,870 | -€19,197 | -12.1% |
| Operating profit (loss) | 9901 | €82,937 | €61,141 | -€21,795 | -26.3% |
| Financial income | 75/76B | €1 | €101 | +€100 | +15156.1% |
| Recurring financial income | 75 | €1 | €101 | +€100 | +15156.1% |
| Financial charges | 65/66B | €17,780 | €18,614 | +€833 | +4.7% |
| Recurring financial charges | 65 | €17,780 | €18,614 | +€833 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €65,157 | €42,628 | -€22,528 | -34.6% |
| Income taxes | 67/77 | €18,709 | €14,841 | -€3,868 | -20.7% |
| Profit (loss) for the period | 9904 | €46,448 | €27,787 | -€18,661 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,448 | €27,787 | -€18,661 | -40.2% |
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 10 October 2026 via checked.be.