QUORUM ANALYTICS BELGIUM: 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.
QUORUM ANALYTICS BELGIUM
Largest movements
- Receivables within one year +€277,180
up €277,180 (+123%), from €224,829 to €502,008
of which Other amounts receivable: +€261,888
- Cash -€238,479
down €238,479 (-68.7%), from €347,004 to €108,524
mainly Other debts (-€326,050) and Receivables within one year (-€277,180)
- Other debts -€326,050
down €326,050 (-100%), from €326,050 to €0
- Reserves +€148,801
up €148,801 (+8,577%), from €1,735 to €150,536
of which Distributable reserves: +€148,801
- Accrued charges and deferred income +€136,891
up €136,891 (+57.3%), from €238,770 to €375,661
- Profit (loss) carried forward +€106,194
up €106,194, from -€106,194 to €0
- Tax, wage and social debts -€34,248
down €34,248 (-31.8%), from €107,822 to €73,573
of which Remuneration and social security: -€66,885
- Staff costs -€303,648
down €303,648 (-80.0%), from €379,324 to €75,676
- Write-downs +€63,772
new in 2025: €63,772
- Taxes +€53,346
new in 2025: €53,346
- Financial charges -€22,150
down €22,150 (-87.6%), from €25,287 to €3,138
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 | €576,082 | €612,577 | +€36,494 | +6.3% |
| Fixed assets | 21/28 | €2,908 | €2,044 | -€864 | -29.7% |
| Tangible fixed assets | 22/27 | €958 | €94 | -€864 | -90.2% |
| Furniture and vehicles | 24 | €958 | €94 | -€864 | -90.2% |
| Financial fixed assets | 28 | €1,950 | €1,950 | = | 0.0% |
| Current assets | 29/58 | €573,174 | €610,533 | +€37,359 | +6.5% |
| Amounts receivable within one year | 40/41 | €224,829 | €502,008 | +€277,180 | +123% |
| Trade receivables | 40 | €219,142 | €234,434 | +€15,292 | +7.0% |
| Other amounts receivable | 41 | €5,686 | €267,574 | +€261,888 | +4,606% |
| Cash at bank and in hand | 54/58 | €347,004 | €108,524 | -€238,479 | -68.7% |
| Deferred charges and accrued income | 490/1 | €1,341 | €0 | -€1,341 | -100% |
| Total equity and liabilities | 10/49 | €576,082 | €612,577 | +€36,494 | +6.3% |
| Equity | 10/15 | -€98,259 | €156,736 | +€254,995 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,735 | €150,536 | +€148,801 | +8,577% |
| Non-distributable reserves | 130/1 | €1,735 | €1,735 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,735 | €1,735 | = | 0.0% |
| Distributable reserves | 133 | - | €148,801 | +€148,801 | |
| Profit (loss) carried forward | 14 | -€106,194 | €0 | +€106,194 | |
| Amounts payable | 17/49 | €674,341 | €455,840 | -€218,501 | -32.4% |
| Amounts payable within one year | 42/48 | €435,571 | €80,179 | -€355,392 | -81.6% |
| Trade debts | 44 | €1,700 | €6,606 | +€4,906 | +289% |
| Suppliers | 440/4 | €1,700 | €6,606 | +€4,906 | +289% |
| Taxes, remuneration and social security | 45 | €107,822 | €73,573 | -€34,248 | -31.8% |
| Taxes | 450/3 | €29,220 | €61,856 | +€32,636 | +112% |
| Remuneration and social security | 454/9 | €78,602 | €11,717 | -€66,885 | -85.1% |
| Other amounts payable | 47/48 | €326,050 | €0 | -€326,050 | -100% |
| Accrued charges and deferred income | 492/3 | €238,770 | €375,661 | +€136,891 | +57.3% |
| Remuneration, social security and pensions | 62 | €379,324 | €75,676 | -€303,648 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,994 | €864 | -€1,130 | -56.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €63,772 | +€63,772 | |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100% |
| Gross operating margin | 9900 | €450,549 | €451,791 | +€1,242 | +0.3% |
| Operating profit (loss) | 9901 | €68,844 | €311,479 | +€242,635 | +352% |
| Financial income | 75/76B | €73 | €0 | -€73 | -100% |
| Recurring financial income | 75 | €73 | €0 | -€73 | -100% |
| Financial charges | 65/66B | €25,287 | €3,138 | -€22,150 | -87.6% |
| Recurring financial charges | 65 | €25,287 | €3,138 | -€22,150 | -87.6% |
| Profit (loss) for the period before taxes | 9903 | €43,629 | €308,341 | +€264,712 | +607% |
| Income taxes | 67/77 | - | €53,346 | +€53,346 | |
| Profit (loss) for the period | 9904 | €43,629 | €254,995 | +€211,366 | +484% |
| Profit (loss) for the period to be appropriated | 9905 | €43,629 | €254,995 | +€211,366 | +484% |
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 23 October 2026 via checked.be.