QWINTA'S: 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.
QWINTA'S
Largest movements
- Cash +€5,650
up €5,650 (+11.3%), from €49,907 to €55,557
mainly Other debts (+€14,702) and Net result for the year (+€8,976)
- Tangible fixed assets -€3,200
down €3,200 (-15.4%), from €20,742 to €17,542
of which Other tangible fixed assets: -€2,231
- Other debts +€14,702
up €14,702 (+382%), from €3,846 to €18,548
- Debts after one year -€8,042
down €8,042 (-33.4%), from €24,105 to €16,063
- Profit (loss) carried forward -€5,390
down €5,390 (-100%), from €5,390 to €0
- Tax, wage and social debts +€1,047
up €1,047 (+60.0%), from €1,743 to €2,790
of which Taxes: +€1,047
- Trade debts -€900
down €900 (-32.4%), from €2,774 to €1,874
- Gross operating margin -€18,506
down €18,506 (-55.6%), from €33,270 to €14,764
- Taxes +€1,036
new in 2025: €1,036
- Other operating charges +€404
up €404 (+222%), from €182 to €585
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 | €75,676 | €77,317 | +€1,641 | +2.2% |
| Fixed assets | 21/28 | €20,742 | €17,542 | -€3,200 | -15.4% |
| Tangible fixed assets | 22/27 | €20,742 | €17,542 | -€3,200 | -15.4% |
| Plant, machinery and equipment | 23 | €3,611 | €2,641 | -€969 | -26.8% |
| Other tangible fixed assets | 26 | €17,131 | €14,901 | -€2,231 | -13.0% |
| Current assets | 29/58 | €54,934 | €59,775 | +€4,840 | +8.8% |
| Stocks and contracts in progress | 3 | €2,868 | €2,812 | -€56 | -1.9% |
| Stocks | 30/36 | €2,868 | €2,812 | -€56 | -1.9% |
| Amounts receivable within one year | 40/41 | €1,907 | €1,149 | -€759 | -39.8% |
| Trade receivables | 40 | €891 | €132 | -€759 | -85.2% |
| Other amounts receivable | 41 | €1,017 | €1,017 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €49,907 | €55,557 | +€5,650 | +11.3% |
| Deferred charges and accrued income | 490/1 | €252 | €256 | +€4 | +1.7% |
| Total equity and liabilities | 10/49 | €75,676 | €77,317 | +€1,641 | +2.2% |
| Equity | 10/15 | €35,390 | €30,000 | -€5,390 | -15.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,390 | €0 | -€5,390 | -100% |
| Amounts payable | 17/49 | €40,286 | €47,317 | +€7,031 | +17.5% |
| Amounts payable after more than one year | 17 | €24,105 | €16,063 | -€8,042 | -33.4% |
| Financial debts | 170/4 | €24,105 | €16,063 | -€8,042 | -33.4% |
| Amounts payable within one year | 42/48 | €16,181 | €31,253 | +€15,073 | +93.2% |
| Current portion of amounts payable after more than one year | 42 | €7,817 | €8,042 | +€224 | +2.9% |
| Trade debts | 44 | €2,774 | €1,874 | -€900 | -32.4% |
| Suppliers | 440/4 | €2,774 | €1,874 | -€900 | -32.4% |
| Taxes, remuneration and social security | 45 | €1,743 | €2,790 | +€1,047 | +60.0% |
| Taxes | 450/3 | €1,743 | €2,790 | +€1,047 | +60.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €3,846 | €18,548 | +€14,702 | +382% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,887 | €3,200 | +€313 | +10.8% |
| Other operating charges | 640/8 | €182 | €585 | +€404 | +222% |
| Gross operating margin | 9900 | €33,270 | €14,764 | -€18,506 | -55.6% |
| Operating profit (loss) | 9901 | €30,202 | €10,979 | -€19,223 | -63.6% |
| Financial income | 75/76B | €154 | €108 | -€46 | -29.8% |
| Recurring financial income | 75 | €154 | €108 | -€46 | -29.8% |
| Financial charges | 65/66B | €1,140 | €1,075 | -€66 | -5.8% |
| Recurring financial charges | 65 | €1,140 | €1,075 | -€66 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €29,215 | €10,012 | -€19,203 | -65.7% |
| Income taxes | 67/77 | - | €1,036 | +€1,036 | |
| Profit (loss) for the period | 9904 | €29,215 | €8,976 | -€20,239 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,215 | €8,976 | -€20,239 | -69.3% |
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 31 October 2026 via checked.be.