QVICK, DEVRIENDT & PARTNERS: 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.
QVICK, DEVRIENDT & PARTNERS
Largest movements
- Current investments +€149,987
up €149,987 (+31.9%), from €470,013 to €620,000
- Cash +€70,256
up €70,256 (+101%), from €69,378 to €139,634
mainly Net result for the year (+€248,499) and Investment in fixed assets (net) (+€35,470)
- Tangible fixed assets -€45,958
down €45,958 (-20.4%), from €225,247 to €179,289
of which Furniture and vehicles: -€35,547
- Reserves +€149,639
up €149,639 (+19.7%), from €760,155 to €909,794
- Other debts +€16,994
up €16,994 (+216%), from €7,883 to €24,877
- Gross operating margin +€89,254
up €89,254 (+19.7%), from €453,846 to €543,100
- Taxes +€31,403
up €31,403 (+36.5%), from €86,011 to €117,414
- Depreciation -€15,986
down €15,986 (-57.8%), from €27,674 to €11,688
- Staff costs +€10,902
up €10,902 (+6.8%), from €159,512 to €170,414
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 | €791,730 | €963,845 | +€172,115 | +21.7% |
| Fixed assets | 21/28 | €228,210 | €181,052 | -€47,158 | -20.7% |
| Tangible fixed assets | 22/27 | €225,247 | €179,289 | -€45,958 | -20.4% |
| Land and buildings | 22 | €179,712 | €175,319 | -€4,392 | -2.4% |
| Plant, machinery and equipment | 23 | €7,550 | €1,532 | -€6,018 | -79.7% |
| Furniture and vehicles | 24 | €37,985 | €2,438 | -€35,547 | -93.6% |
| Financial fixed assets | 28 | €2,962 | €1,763 | -€1,200 | -40.5% |
| Current assets | 29/58 | €563,520 | €782,794 | +€219,273 | +38.9% |
| Amounts receivable within one year | 40/41 | €11,236 | €15,043 | +€3,808 | +33.9% |
| Trade receivables | 40 | €5,852 | €11,681 | +€5,830 | +99.6% |
| Other amounts receivable | 41 | €5,384 | €3,362 | -€2,022 | -37.6% |
| Current investments | 50/53 | €470,013 | €620,000 | +€149,987 | +31.9% |
| Cash at bank and in hand | 54/58 | €69,378 | €139,634 | +€70,256 | +101% |
| Deferred charges and accrued income | 490/1 | €12,893 | €8,116 | -€4,777 | -37.1% |
| Total equity and liabilities | 10/49 | €791,730 | €963,845 | +€172,115 | +21.7% |
| Equity | 10/15 | €760,156 | €909,795 | +€149,639 | +19.7% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €760,155 | €909,794 | +€149,639 | +19.7% |
| Distributable reserves | 133 | €760,155 | €909,794 | +€149,639 | +19.7% |
| Amounts payable | 17/49 | €31,574 | €54,051 | +€22,476 | +71.2% |
| Amounts payable within one year | 42/48 | €31,574 | €54,051 | +€22,476 | +71.2% |
| Trade debts | 44 | €3,497 | €6,175 | +€2,678 | +76.6% |
| Suppliers | 440/4 | €3,497 | €6,175 | +€2,678 | +76.6% |
| Taxes, remuneration and social security | 45 | €20,194 | €22,999 | +€2,805 | +13.9% |
| Taxes | 450/3 | €568 | €1,882 | +€1,314 | +231% |
| Remuneration and social security | 454/9 | €19,626 | €21,117 | +€1,490 | +7.6% |
| Other amounts payable | 47/48 | €7,883 | €24,877 | +€16,994 | +216% |
| Remuneration, social security and pensions | 62 | €159,512 | €170,414 | +€10,902 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,674 | €11,688 | -€15,986 | -57.8% |
| Other operating charges | 640/8 | €4,771 | €4,503 | -€268 | -5.6% |
| Non-recurring operating charges | 66A | - | €3,018 | +€3,018 | |
| Gross operating margin | 9900 | €453,846 | €543,100 | +€89,254 | +19.7% |
| Operating profit (loss) | 9901 | €261,889 | €353,477 | +€91,588 | +35.0% |
| Financial income | 75/76B | €12,354 | €12,559 | +€205 | +1.7% |
| Recurring financial income | 75 | €12,354 | €12,559 | +€205 | +1.7% |
| Financial charges | 65/66B | €91 | €123 | +€31 | +34.3% |
| Recurring financial charges | 65 | €91 | €123 | +€31 | +34.3% |
| Profit (loss) for the period before taxes | 9903 | €274,152 | €365,914 | +€91,762 | +33.5% |
| Income taxes | 67/77 | €86,011 | €117,414 | +€31,403 | +36.5% |
| Profit (loss) for the period | 9904 | €188,140 | €248,499 | +€60,359 | +32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €188,140 | €248,499 | +€60,359 | +32.1% |
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.