QUOIDBACH: what changed
Two fiscal 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.
QUOIDBACH
Largest movements
- Cash -€64,055
down €64,055 (-25.0%), from €256,322 to €192,268
mainly Investment in fixed assets (net) (-€43,463) and Net result for the year (-€42,286)
- Tangible fixed assets +€12,193
up €12,193 (+6.8%), from €179,821 to €192,014
of which Land and buildings: +€25,593
- Profit (loss) carried forward -€22,401
down €22,401 (-59.7%), from -€37,522 to -€59,923
- Reserves -€19,885
down €19,885 (-5.0%), from €400,483 to €380,598
of which Tax-exempt reserves: -€19,885
- Gross operating margin +€27,871
up €27,871 (+93.9%), from -€29,697 to -€1,825
- Other operating charges +€11,402
up €11,402 (+434.8%), from €2,623 to €14,025
- Depreciation +€8,805
up €8,805 (+39.2%), from €22,465 to €31,270
- Financial charges -€2,141
down €2,141 (-97.5%), from €2,196 to €54
- Financial income +€864
up €864 (+166.1%), from €520 to €1,385
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 | €459,763 | €414,870 | -€44,893 | -9.8% |
| Fixed assets | 21/28 | €180,912 | €193,105 | +€12,193 | +6.7% |
| Tangible fixed assets | 22/27 | €179,821 | €192,014 | +€12,193 | +6.8% |
| Land and buildings | 22 | €136,862 | €162,455 | +€25,593 | +18.7% |
| Plant, machinery and equipment | 23 | €28,125 | €21,257 | -€6,868 | -24.4% |
| Furniture and vehicles | 24 | €14,834 | €8,302 | -€6,532 | -44.0% |
| Financial fixed assets | 28 | €1,091 | €1,091 | = | 0.0% |
| Current assets | 29/58 | €278,851 | €221,765 | -€57,086 | -20.5% |
| Amounts receivable within one year | 40/41 | €19,673 | €24,102 | +€4,429 | +22.5% |
| Trade receivables | 40 | €12,260 | €19,861 | +€7,601 | +62.0% |
| Other amounts receivable | 41 | €7,414 | €4,241 | -€3,173 | -42.8% |
| Cash at bank and in hand | 54/58 | €256,322 | €192,268 | -€64,055 | -25.0% |
| Deferred charges and accrued income | 490/1 | €2,855 | €5,395 | +€2,540 | +89.0% |
| Total equity and liabilities | 10/49 | €459,763 | €414,870 | -€44,893 | -9.8% |
| Equity | 10/15 | €381,553 | €339,266 | -€42,286 | -11.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €400,483 | €380,598 | -€19,885 | -5.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €186,995 | €167,109 | -€19,885 | -10.6% |
| Distributable reserves | 133 | €211,629 | €211,629 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,522 | -€59,923 | -€22,401 | -59.7% |
| Provisions and deferred taxes | 16 | €39,814 | €35,992 | -€3,822 | -9.6% |
| Deferred taxes | 168 | €39,814 | €35,992 | -€3,822 | -9.6% |
| Amounts payable | 17/49 | €38,395 | €39,611 | +€1,215 | +3.2% |
| Amounts payable within one year | 42/48 | €38,395 | €39,611 | +€1,215 | +3.2% |
| Trade debts | 44 | €5,335 | €2,200 | -€3,135 | -58.8% |
| Suppliers | 440/4 | €5,335 | €2,200 | -€3,135 | -58.8% |
| Taxes, remuneration and social security | 45 | €2,468 | €2,563 | +€96 | +3.9% |
| Taxes | 450/3 | €2,380 | €2,563 | +€183 | +7.7% |
| Remuneration and social security | 454/9 | €88 | - | -€88 | |
| Other amounts payable | 47/48 | €30,593 | €34,848 | +€4,255 | +13.9% |
| Remuneration, social security and pensions | 62 | €403 | - | -€403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,465 | €31,270 | +€8,805 | +39.2% |
| Other operating charges | 640/8 | €2,623 | €14,025 | +€11,402 | +434.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€29,697 | -€1,825 | +€27,871 | +93.9% |
| Operating profit (loss) | 9901 | -€55,187 | -€47,120 | +€8,067 | +14.6% |
| Financial income | 75/76B | €520 | €1,385 | +€864 | +166.1% |
| Recurring financial income | 75 | €520 | €1,385 | +€864 | +166.1% |
| Financial charges | 65/66B | €2,196 | €54 | -€2,141 | -97.5% |
| Recurring financial charges | 65 | €2,196 | €54 | -€2,141 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | -€56,862 | -€45,790 | +€11,073 | +19.5% |
| Transfer from deferred taxes | 780 | - | €3,822 | +€3,822 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €423 | €319 | -€104 | -24.6% |
| Profit (loss) for the period | 9904 | -€57,285 | -€42,286 | +€14,999 | +26.2% |
| Transfer from tax-exempt reserves | 789 | €19,763 | €19,885 | +€122 | +0.6% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,522 | -€22,401 | +€15,121 | +40.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.