Quno: 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.
Quno
Largest movements
- Cash -€4,987
down €4,987 (-32.7%), from €15,267 to €10,280
mainly Investment in fixed assets (net) (-€5,175) and Receivables within one year (-€3,982)
- Tangible fixed assets +€4,907
new in 2025: €4,907
- Receivables within one year +€3,982
up €3,982 (+42.2%), from €9,427 to €13,409
of which Trade receivables: +€3,449
- Deferred charges and accrued income -€401
down €401 (-67.0%), from €598 to €197
- Profit (loss) carried forward +€7,675
up €7,675 (+333.5%), from €2,301 to €9,976
- Other debts -€3,523
down €3,523 (-32.9%), from €10,720 to €7,197
- Tax, wage and social debts -€788
down €788 (-9.1%), from €8,614 to €7,826
of which Taxes: -€1,138
- Gross operating margin +€6,433
up €6,433 (+83.3%), from €7,724 to €14,157
- Financial charges +€433
up €433 (+25.3%), from €1,716 to €2,149
- Taxes +€359
up €359 (+17.0%), from €2,108 to €2,466
- Depreciation +€268
new in 2025: €268
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 | €25,291 | €28,793 | +€3,502 | +13.8% |
| Fixed assets | 21/28 | - | €4,907 | +€4,907 | |
| Tangible fixed assets | 22/27 | - | €4,907 | +€4,907 | |
| Plant, machinery and equipment | 23 | - | €4,907 | +€4,907 | |
| Current assets | 29/58 | €25,291 | €23,886 | -€1,406 | -5.6% |
| Amounts receivable within one year | 40/41 | €9,427 | €13,409 | +€3,982 | +42.2% |
| Trade receivables | 40 | €6,534 | €9,983 | +€3,449 | +52.8% |
| Other amounts receivable | 41 | €2,893 | €3,426 | +€534 | +18.4% |
| Cash at bank and in hand | 54/58 | €15,267 | €10,280 | -€4,987 | -32.7% |
| Deferred charges and accrued income | 490/1 | €598 | €197 | -€401 | -67.0% |
| Total equity and liabilities | 10/49 | €25,291 | €28,793 | +€3,502 | +13.8% |
| Equity | 10/15 | €5,301 | €12,976 | +€7,675 | +144.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,301 | €9,976 | +€7,675 | +333.5% |
| Amounts payable | 17/49 | €19,990 | €15,818 | -€4,173 | -20.9% |
| Amounts payable within one year | 42/48 | €19,770 | €15,472 | -€4,297 | -21.7% |
| Trade debts | 44 | €435 | €449 | +€14 | +3.2% |
| Suppliers | 440/4 | €435 | €449 | +€14 | +3.2% |
| Taxes, remuneration and social security | 45 | €8,614 | €7,826 | -€788 | -9.1% |
| Taxes | 450/3 | €5,614 | €4,476 | -€1,138 | -20.3% |
| Remuneration and social security | 454/9 | €3,000 | €3,350 | +€350 | +11.7% |
| Other amounts payable | 47/48 | €10,720 | €7,197 | -€3,523 | -32.9% |
| Accrued charges and deferred income | 492/3 | €221 | €346 | +€125 | +56.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €268 | +€268 | |
| Gross operating margin | 9900 | €7,724 | €14,157 | +€6,433 | +83.3% |
| Operating profit (loss) | 9901 | €7,724 | €13,889 | +€6,165 | +79.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,716 | €2,149 | +€433 | +25.3% |
| Recurring financial charges | 65 | €1,716 | €2,149 | +€433 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €6,008 | €11,741 | +€5,733 | +95.4% |
| Income taxes | 67/77 | €2,108 | €2,466 | +€359 | +17.0% |
| Profit (loss) for the period | 9904 | €3,901 | €9,275 | +€5,374 | +137.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,901 | €9,275 | +€5,374 | +137.8% |
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 11 October 2026 via checked.be.