QuRad: 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.
QuRad
Largest movements
- Cash +€3,293
up €3,293 (+26.3%), from €12,537 to €15,830
mainly Other debts (+€2,364) and Net result for the year (+€898)
- Other debts +€2,364
up €2,364 (+5.0%), from €47,349 to €49,712
- Reserves +€898
up €898 (+54.5%), from €1,649 to €2,548
- Other operating charges +€400
up €400 (+645%), from €62 to €462
- Taxes -€127
down €127 (-29.8%), from €427 to €299
- Gross operating margin -€94
down €94 (-4.9%), from €1,903 to €1,810
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 | €52,537 | €55,830 | +€3,293 | +6.3% |
| Fixed assets | 21/28 | €40,000 | €40,000 | = | 0.0% |
| Financial fixed assets | 28 | €40,000 | €40,000 | = | 0.0% |
| Current assets | 29/58 | €12,537 | €15,830 | +€3,293 | +26.3% |
| Cash at bank and in hand | 54/58 | €12,537 | €15,830 | +€3,293 | +26.3% |
| Total equity and liabilities | 10/49 | €52,537 | €55,830 | +€3,293 | +6.3% |
| Equity | 10/15 | €4,649 | €5,548 | +€898 | +19.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,649 | €2,548 | +€898 | +54.5% |
| Distributable reserves | 133 | €1,649 | €2,548 | +€898 | +54.5% |
| Amounts payable | 17/49 | €47,888 | €50,282 | +€2,394 | +5.0% |
| Amounts payable within one year | 42/48 | €47,888 | €50,282 | +€2,394 | +5.0% |
| Trade debts | 44 | €113 | €270 | +€158 | +139% |
| Suppliers | 440/4 | €113 | €270 | +€158 | +139% |
| Taxes, remuneration and social security | 45 | €427 | €299 | -€127 | -29.8% |
| Taxes | 450/3 | €427 | €299 | -€127 | -29.8% |
| Other amounts payable | 47/48 | €47,349 | €49,712 | +€2,364 | +5.0% |
| Other operating charges | 640/8 | €62 | €462 | +€400 | +645% |
| Gross operating margin | 9900 | €1,903 | €1,810 | -€94 | -4.9% |
| Operating profit (loss) | 9901 | €1,841 | €1,348 | -€493 | -26.8% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €1,706 | €1,198 | -€508 | -29.8% |
| Income taxes | 67/77 | €427 | €299 | -€127 | -29.8% |
| Profit (loss) for the period | 9904 | €1,280 | €898 | -€381 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,280 | €898 | -€381 | -29.8% |
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 14 October 2026 via checked.be.