QUOMAK: 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.
QUOMAK
Largest movements
- Receivables within one year +€3.7m
up €3.7m (+292%), from €1.3m to €4.9m
of which Other amounts receivable: +€3.5m
- Cash -€2.1m
down €2.1m (-85.0%), from €2.5m to €372,145
mainly Receivables within one year (-€3.7m) and Other debts (-€1.0m)
- Stocks and contracts -€551,598
down €551,598 (-94.0%), from €586,938 to €35,339
- Tangible fixed assets -€245,953
down €245,953 (-40.9%), from €601,943 to €355,990
of which Plant, machinery and equipment: -€239,346
- Deferred charges and accrued income +€60,276
up €60,276 (+2,477%), from €2,433 to €62,709
- Profit (loss) carried forward +€1.9m
up €1.9m (+65.9%), from €2.8m to €4.7m
- Other debts -€1.0m
no longer reported in 2025 (was €1.0m)
- Staff costs +€96,518
up €96,518 (+10.9%), from €888,039 to €984,557
- Financial income +€72,965
up €72,965 (+22,801,431%), from €0 to €72,965
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 | €4,928,650 | €5,763,930 | +€835,280 | +16.9% |
| Fixed assets | 21/28 | €603,143 | €393,008 | -€210,135 | -34.8% |
| Tangible fixed assets | 22/27 | €601,943 | €355,990 | -€245,953 | -40.9% |
| Plant, machinery and equipment | 23 | €560,101 | €320,755 | -€239,346 | -42.7% |
| Furniture and vehicles | 24 | €41,843 | €35,235 | -€6,608 | -15.8% |
| Financial fixed assets | 28 | €1,200 | €37,018 | +€35,818 | +2,985% |
| Current assets | 29/58 | €4,325,507 | €5,370,922 | +€1.0m | +24.2% |
| Stocks and contracts in progress | 3 | €586,938 | €35,339 | -€551,598 | -94.0% |
| Stocks | 30/36 | €586,938 | €35,339 | -€551,598 | -94.0% |
| Amounts receivable within one year | 40/41 | €1,250,476 | €4,900,728 | +€3.7m | +292% |
| Trade receivables | 40 | €1,188,600 | €1,345,206 | +€156,606 | +13.2% |
| Other amounts receivable | 41 | €61,876 | €3,555,522 | +€3.5m | +5,646% |
| Cash at bank and in hand | 54/58 | €2,485,661 | €372,145 | -€2.1m | -85.0% |
| Deferred charges and accrued income | 490/1 | €2,433 | €62,709 | +€60,276 | +2,477% |
| Total equity and liabilities | 10/49 | €4,928,650 | €5,763,930 | +€835,280 | +16.9% |
| Equity | 10/15 | €3,402,836 | €5,279,238 | +€1.9m | +55.1% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €156,250 | €156,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,250 | €56,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,846,586 | €4,722,988 | +€1.9m | +65.9% |
| Amounts payable | 17/49 | €1,525,815 | €484,692 | -€1.0m | -68.2% |
| Amounts payable within one year | 42/48 | €1,525,815 | €484,692 | -€1.0m | -68.2% |
| Trade debts | 44 | €408,622 | €386,554 | -€22,069 | -5.4% |
| Suppliers | 440/4 | €408,622 | €386,554 | -€22,069 | -5.4% |
| Taxes, remuneration and social security | 45 | €117,192 | €98,139 | -€19,054 | -16.3% |
| Taxes | 450/3 | €5,823 | €3,740 | -€2,084 | -35.8% |
| Remuneration and social security | 454/9 | €111,369 | €94,399 | -€16,970 | -15.2% |
| Other amounts payable | 47/48 | €1,000,000 | - | -€1.0m | |
| Non-recurring operating income | 76A | - | €5,915 | +€5,915 | |
| Remuneration, social security and pensions | 62 | €888,039 | €984,557 | +€96,518 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,083 | €95,826 | -€12,257 | -11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,351 | -€29,031 | -€26,681 | -1,135% |
| Other operating charges | 640/8 | €6,067 | €6,083 | +€16 | +0.3% |
| Non-recurring operating charges | 66A | - | €149,111 | +€149,111 | |
| Gross operating margin | 9900 | €4,654,263 | €4,640,592 | -€13,671 | -0.3% |
| Operating profit (loss) | 9901 | €3,654,425 | €3,434,048 | -€220,377 | -6.0% |
| Financial income | 75/76B | €0 | €72,965 | +€72,965 | +22,801,431% |
| Recurring financial income | 75 | €0 | €72,965 | +€72,965 | +22,801,431% |
| Financial charges | 65/66B | €504 | €603 | +€99 | +19.7% |
| Recurring financial charges | 65 | €504 | €603 | +€99 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €3,653,921 | €3,506,409 | -€147,511 | -4.0% |
| Income taxes | 67/77 | €918,981 | €880,008 | -€38,974 | -4.2% |
| Profit (loss) for the period | 9904 | €2,734,940 | €2,626,402 | -€108,538 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,734,940 | €2,626,402 | -€108,538 | -4.0% |
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 14 October 2026 via checked.be.