QUOTRON: 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.
QUOTRON
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€94,674
up €94,674 (+55.5%), from €170,591 to €265,266
mainly Current investments (+€100,000) and Net result for the year (+€43,728)
- Receivables within one year +€67,061
up €67,061 (+481.0%), from €13,941 to €81,002
of which Trade receivables: +€68,195
- Tangible fixed assets +€20,946
up €20,946 (+141.5%), from €14,800 to €35,746
of which Furniture and vehicles: +€21,293
- Financial fixed assets +€5,569
new in 2025: €5,569
- Profit (loss) carried forward +€43,728
up €43,728 (+14.7%), from €297,870 to €341,599
- Trade debts +€33,604
new in 2025: €33,604
- Tax, wage and social debts +€10,765
up €10,765 (+619.2%), from €1,739 to €12,503
- Gross operating margin -€25,971
down €25,971 (-29.4%), from €88,241 to €62,270
- Taxes -€6,624
down €6,624 (-29.2%), from €22,663 to €16,040
- Depreciation -€3,418
down €3,418 (-75.5%), from €4,526 to €1,108
- Financial income +€1,116
up €1,116 (+70.6%), from €1,581 to €2,696
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 | €299,877 | €387,994 | +€88,117 | +29.4% |
| Fixed assets | 21/28 | €14,800 | €41,315 | +€26,515 | +179.2% |
| Tangible fixed assets | 22/27 | €14,800 | €35,746 | +€20,946 | +141.5% |
| Plant, machinery and equipment | 23 | €1,460 | €1,112 | -€347 | -23.8% |
| Furniture and vehicles | 24 | €13,341 | €34,633 | +€21,293 | +159.6% |
| Financial fixed assets | 28 | - | €5,569 | +€5,569 | |
| Current assets | 29/58 | €285,077 | €346,679 | +€61,602 | +21.6% |
| Amounts receivable within one year | 40/41 | €13,941 | €81,002 | +€67,061 | +481.0% |
| Trade receivables | 40 | €5,596 | €73,791 | +€68,195 | +1218.6% |
| Other amounts receivable | 41 | €8,345 | €7,211 | -€1,134 | -13.6% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €170,591 | €265,266 | +€94,674 | +55.5% |
| Deferred charges and accrued income | 490/1 | €544 | €411 | -€133 | -24.4% |
| Total equity and liabilities | 10/49 | €299,877 | €387,994 | +€88,117 | +29.4% |
| Equity | 10/15 | €297,926 | €341,655 | +€43,728 | +14.7% |
| Reserves | 13 | €56 | €56 | = | 0.0% |
| Distributable reserves | 133 | €56 | €56 | = | 0.0% |
| Profit (loss) carried forward | 14 | €297,870 | €341,599 | +€43,728 | +14.7% |
| Amounts payable | 17/49 | €1,951 | €46,339 | +€44,388 | +2275.6% |
| Amounts payable within one year | 42/48 | €1,951 | €46,339 | +€44,388 | +2275.6% |
| Trade debts | 44 | - | €33,604 | +€33,604 | |
| Suppliers | 440/4 | - | €33,604 | +€33,604 | |
| Taxes, remuneration and social security | 45 | €1,739 | €12,503 | +€10,765 | +619.2% |
| Taxes | 450/3 | €1,739 | €12,503 | +€10,765 | +619.2% |
| Other amounts payable | 47/48 | €212 | €231 | +€19 | +9.2% |
| Non-recurring operating income | 76A | - | €2,190 | +€2,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,526 | €1,108 | -€3,418 | -75.5% |
| Other operating charges | 640/8 | €1,352 | €1,291 | -€61 | -4.5% |
| Non-recurring operating charges | 66A | - | €2,712 | +€2,712 | |
| Gross operating margin | 9900 | €88,241 | €62,270 | -€25,971 | -29.4% |
| Operating profit (loss) | 9901 | €82,364 | €57,160 | -€25,204 | -30.6% |
| Financial income | 75/76B | €1,581 | €2,696 | +€1,116 | +70.6% |
| Recurring financial income | 75 | €1,581 | €2,696 | +€1,116 | +70.6% |
| Financial charges | 65/66B | €54 | €88 | +€34 | +63.1% |
| Recurring financial charges | 65 | €54 | €88 | +€34 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | €83,890 | €59,768 | -€24,122 | -28.8% |
| Income taxes | 67/77 | €22,663 | €16,040 | -€6,624 | -29.2% |
| Profit (loss) for the period | 9904 | €61,227 | €43,728 | -€17,499 | -28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,227 | €43,728 | -€17,499 | -28.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.