Ronan Quinn: what changed
Ronan Quinn
Largest movements
- Tangible fixed assets -€4,385
down €4,385 (-37.4%), from €11,737 to €7,353
- Current investments -€4,300
down €4,300 (-100%), from €4,300 to €0
- Receivables within one year +€2,537
up €2,537 (+48.4%), from €5,246 to €7,783
of which Other amounts receivable: +€4,530
- Cash +€2,051
up €2,051 (+542%), from €378 to €2,429
mainly Depreciation (+€4,385) and Current investments (+€4,300)
- Profit (loss) carried forward -€2,709
down €2,709 (-21.6%), from €12,515 to €9,805
- Trade debts -€687
down €687 (-86.2%), from €798 to €110
- Advances received -€613
down €613 (-100%), from €613 to €0
- Gross operating margin +€2,495
up €2,495, from -€556 to €1,939
- Other operating charges +€335
up €335 (+262%), from €128 to €462
- Depreciation +€311
up €311 (+7.6%), from €4,074 to €4,385
- Financial income +€98
up €98 (+42.7%), from €231 to €329
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,985 | €17,976 | -€4,009 | -18.2% |
| Fixed assets | 21/28 | €11,737 | €7,353 | -€4,385 | -37.4% |
| Tangible fixed assets | 22/27 | €11,737 | €7,353 | -€4,385 | -37.4% |
| Furniture and vehicles | 24 | €11,737 | €7,353 | -€4,385 | -37.4% |
| Current assets | 29/58 | €10,248 | €10,623 | +€375 | +3.7% |
| Amounts receivable within one year | 40/41 | €5,246 | €7,783 | +€2,537 | +48.4% |
| Trade receivables | 40 | €2,120 | €127 | -€1,993 | -94.0% |
| Other amounts receivable | 41 | €3,126 | €7,656 | +€4,530 | +145% |
| Current investments | 50/53 | €4,300 | €0 | -€4,300 | -100% |
| Cash at bank and in hand | 54/58 | €378 | €2,429 | +€2,051 | +542% |
| Deferred charges and accrued income | 490/1 | €324 | €411 | +€87 | +27.0% |
| Total equity and liabilities | 10/49 | €21,985 | €17,976 | -€4,009 | -18.2% |
| Equity | 10/15 | €20,575 | €17,865 | -€2,709 | -13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,515 | €9,805 | -€2,709 | -21.6% |
| Amounts payable | 17/49 | €1,410 | €110 | -€1,300 | -92.2% |
| Amounts payable within one year | 42/48 | €1,410 | €110 | -€1,300 | -92.2% |
| Trade debts | 44 | €798 | €110 | -€687 | -86.2% |
| Suppliers | 440/4 | €798 | €110 | -€687 | -86.2% |
| Advances received on contracts in progress | 46 | €613 | €0 | -€613 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,074 | €4,385 | +€311 | +7.6% |
| Other operating charges | 640/8 | €128 | €462 | +€335 | +262% |
| Gross operating margin | 9900 | -€556 | €1,939 | +€2,495 | |
| Operating profit (loss) | 9901 | -€4,757 | -€2,907 | +€1,850 | +38.9% |
| Financial income | 75/76B | €231 | €329 | +€98 | +42.7% |
| Recurring financial income | 75 | €231 | €329 | +€98 | +42.7% |
| Financial charges | 65/66B | €127 | €131 | +€4 | +3.0% |
| Recurring financial charges | 65 | €127 | €131 | +€4 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,654 | -€2,709 | +€1,945 | +41.8% |
| Profit (loss) for the period | 9904 | -€4,654 | -€2,709 | +€1,945 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,654 | -€2,709 | +€1,945 | +41.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.