STOETERIJ QUATAERT: 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.
STOETERIJ QUATAERT
Largest movements
- Tangible fixed assets +€9,016
up €9,016 (+36.5%), from €24,679 to €33,695
of which Plant, machinery and equipment: +€9,016
- Cash -€5,888
down €5,888 (-87.5%), from €6,726 to €838
mainly Net result for the year (-€55,645) and Investment in fixed assets (net) (-€16,760)
- Profit (loss) carried forward -€55,645
down €55,645 (-52.4%), from -€106,284 to -€161,929
- Other debts +€54,982
up €54,982 (+30.5%), from €180,475 to €235,457
- Trade debts +€3,631
up €3,631 (+55.5%), from €6,544 to €10,174
- Depreciation +€4,583
up €4,583 (+145%), from €3,161 to €7,745
- Gross operating margin -€2,492
down €2,492 (-5.8%), from -€43,197 to -€45,689
- Financial charges +€1,925
up €1,925 (+1,010%), from €191 to €2,116
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 | €119,754 | €123,006 | +€3,252 | +2.7% |
| Fixed assets | 21/28 | €24,679 | €33,695 | +€9,016 | +36.5% |
| Tangible fixed assets | 22/27 | €24,679 | €33,695 | +€9,016 | +36.5% |
| Plant, machinery and equipment | 23 | €17,551 | €26,567 | +€9,016 | +51.4% |
| Assets under construction and advance payments | 27 | €7,128 | €7,128 | = | 0.0% |
| Current assets | 29/58 | €95,075 | €89,311 | -€5,764 | -6.1% |
| Stocks and contracts in progress | 3 | €86,750 | €86,750 | = | 0.0% |
| Stocks | 30/36 | €86,750 | €86,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,586 | €1,709 | +€123 | +7.8% |
| Trade receivables | 40 | €545 | - | -€545 | |
| Other amounts receivable | 41 | €1,041 | €1,709 | +€668 | +64.1% |
| Cash at bank and in hand | 54/58 | €6,726 | €838 | -€5,888 | -87.5% |
| Deferred charges and accrued income | 490/1 | €14 | €15 | +€1 | +5.2% |
| Total equity and liabilities | 10/49 | €119,754 | €123,006 | +€3,252 | +2.7% |
| Equity | 10/15 | -€93,884 | -€149,529 | -€55,645 | -59.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,284 | -€161,929 | -€55,645 | -52.4% |
| Amounts payable | 17/49 | €213,639 | €272,535 | +€58,896 | +27.6% |
| Amounts payable within one year | 42/48 | €213,639 | €272,535 | +€58,896 | +27.6% |
| Trade debts | 44 | €6,544 | €10,174 | +€3,631 | +55.5% |
| Suppliers | 440/4 | €6,544 | €10,174 | +€3,631 | +55.5% |
| Advances received on contracts in progress | 46 | €26,620 | €26,620 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €284 | +€284 | |
| Taxes | 450/3 | - | €284 | +€284 | |
| Other amounts payable | 47/48 | €180,475 | €235,457 | +€54,982 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,161 | €7,745 | +€4,583 | +145% |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | -€43,197 | -€45,689 | -€2,492 | -5.8% |
| Operating profit (loss) | 9901 | -€46,473 | -€53,559 | -€7,086 | -15.2% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €191 | €2,116 | +€1,925 | +1,010% |
| Recurring financial charges | 65 | €191 | €2,116 | +€1,925 | +1,010% |
| Profit (loss) for the period before taxes | 9903 | -€46,663 | -€55,645 | -€8,981 | -19.2% |
| Profit (loss) for the period | 9904 | -€46,663 | -€55,645 | -€8,981 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,663 | -€55,645 | -€8,981 | -19.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.