SAINT QUIRIN: 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.
SAINT QUIRIN
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+151%), from €1.0m to €2.6m
of which Plant, machinery and equipment: +€1.1m
- Cash +€864,169
up €864,169 (+220%), from €392,741 to €1.3m
mainly Trade debts (+€1.3m) and Debts after one year (+€745,943)
- Receivables within one year -€145,263
down €145,263 (-32.8%), from €442,741 to €297,479
of which Trade receivables: -€138,236
- Trade debts +€1.3m
up €1.3m (+123%), from €1.1m to €2.3m
- Debts after one year +€745,943
up €745,943 (+198%), from €375,829 to €1.1m
- Profit (loss) carried forward +€195,586
up €195,586 (+425%), from €46,058 to €241,644
- Other debts -€148,485
down €148,485 (-76.1%), from €195,145 to €46,659
- Current portion of long-term debt +€130,000
up €130,000 (+121%), from €107,057 to €237,057
- Turnover +€2.0m
up €2.0m (+224%), from €880,056 to €2.9m
- Purchases and services +€1.5m
up €1.5m (+199%), from €764,242 to €2.3m
- Gross operating margin +€564,023
up €564,023 (+399%), from €141,510 to €705,533
- Depreciation +€193,719
up €193,719 (+154%), from €125,385 to €319,104
- Other operating charges +€43,897
up €43,897 (+1,929%), from €2,276 to €46,173
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 | €1,898,829 | €4,138,776 | +€2.2m | +118% |
| Fixed assets | 21/28 | €1,028,854 | €2,577,858 | +€1.5m | +151% |
| Tangible fixed assets | 22/27 | €1,028,854 | €2,577,858 | +€1.5m | +151% |
| Land and buildings | 22 | €452,005 | €789,039 | +€337,034 | +74.6% |
| Plant, machinery and equipment | 23 | €486,321 | €1,612,757 | +€1.1m | +232% |
| Furniture and vehicles | 24 | €90,529 | €176,063 | +€85,534 | +94.5% |
| Current assets | 29/58 | €869,975 | €1,560,918 | +€690,943 | +79.4% |
| Stocks and contracts in progress | 3 | €32,450 | €3,950 | -€28,500 | -87.8% |
| Stocks | 30/36 | €32,450 | €3,950 | -€28,500 | -87.8% |
| Amounts receivable within one year | 40/41 | €442,741 | €297,479 | -€145,263 | -32.8% |
| Trade receivables | 40 | €425,985 | €287,749 | -€138,236 | -32.5% |
| Other amounts receivable | 41 | €16,756 | €9,730 | -€7,026 | -41.9% |
| Cash at bank and in hand | 54/58 | €392,741 | €1,256,910 | +€864,169 | +220% |
| Deferred charges and accrued income | 490/1 | €2,043 | €2,579 | +€537 | +26.3% |
| Total equity and liabilities | 10/49 | €1,898,829 | €4,138,776 | +€2.2m | +118% |
| Equity | 10/15 | €63,410 | €358,758 | +€295,347 | +466% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €4,958 | €104,719 | +€99,761 | +2,012% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €99,761 | +€99,761 | |
| Profit (loss) carried forward | 14 | €46,058 | €241,644 | +€195,586 | +425% |
| Provisions and deferred taxes | 16 | - | €33,254 | +€33,254 | |
| Deferred taxes | 168 | - | €33,254 | +€33,254 | |
| Amounts payable | 17/49 | €1,835,418 | €3,746,765 | +€1.9m | +104% |
| Amounts payable after more than one year | 17 | €375,829 | €1,121,771 | +€745,943 | +198% |
| Financial debts | 170/4 | €375,829 | €1,121,771 | +€745,943 | +198% |
| Amounts payable within one year | 42/48 | €1,353,402 | €2,624,993 | +€1.3m | +94.0% |
| Current portion of amounts payable after more than one year | 42 | €107,057 | €237,057 | +€130,000 | +121% |
| Trade debts | 44 | €1,051,200 | €2,341,277 | +€1.3m | +123% |
| Suppliers | 440/4 | €1,051,200 | €2,341,277 | +€1.3m | +123% |
| Other amounts payable | 47/48 | €195,145 | €46,659 | -€148,485 | -76.1% |
| Accrued charges and deferred income | 492/3 | €106,188 | - | -€106,188 | |
| Turnover | 70 | €880,056 | €2,850,103 | +€2.0m | +224% |
| Non-recurring operating income | 76A | €25,500 | €138,000 | +€112,500 | +441% |
| Goods, raw materials, services and sundry goods | 60/61 | €764,242 | €2,283,667 | +€1.5m | +199% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,385 | €319,104 | +€193,719 | +154% |
| Other operating charges | 640/8 | €2,276 | €46,173 | +€43,897 | +1,929% |
| Non-recurring operating charges | 66A | €1,450 | €6,043 | +€4,593 | +317% |
| Gross operating margin | 9900 | €141,510 | €705,533 | +€564,023 | +399% |
| Operating profit (loss) | 9901 | €12,399 | €334,213 | +€321,814 | +2,595% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €1,476 | €5,589 | +€4,114 | +279% |
| Recurring financial charges | 65 | €1,476 | €5,589 | +€4,114 | +279% |
| Profit (loss) for the period before taxes | 9903 | €10,924 | €328,637 | +€317,713 | +2,908% |
| Transfer from deferred taxes | 780 | - | €1,246 | +€1,246 | |
| Transfer to deferred taxes | 680 | - | €34,500 | +€34,500 | |
| Income taxes | 67/77 | €2,146 | €36 | -€2,110 | -98.3% |
| Profit (loss) for the period | 9904 | €8,778 | €295,347 | +€286,570 | +3,265% |
| Transfer from tax-exempt reserves | 789 | - | €3,739 | +€3,739 | |
| Transfer to tax-exempt reserves | 689 | - | €103,500 | +€103,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,778 | €195,586 | +€186,808 | +2,128% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.