'T QUATRO: what changed
What changed
'T QUATRO
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
-€16,799
2024 · -€8,663-€8,135
Equity
€11,621
2024 · €28,420-€16,799
Cash
€3,957
2024 · €8,081-€4,124
Balance sheet total
€184,101
2024 · €201,983-€17,883
Largest movements
Assets
- Tangible fixed assets -€12,717
down €12,717 (-6.6%), from €192,744 to €180,028
- Cash -€4,124
down €4,124 (-51.0%), from €8,081 to €3,957
mainly Net result for the year (-€16,799) and Trade debts (-€1,304)
Equity and liabilities
- Profit (loss) carried forward -€11,345
down €11,345 (-35.9%), from -€31,570 to -€42,915
- Reserves -€5,454
down €5,454 (-100%), from €5,454 to €0
Income statement
- Gross operating margin -€8,021
down €8,021, from €6,253 to -€1,769
- Other operating charges +€114
up €114 (+5.3%), from €2,158 to €2,271
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€8,663
Gross operating margin
-€8,021
Other operating charges
-€114
Result 2025
-€16,799
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€4,124
Investment
€0
Financing
€0
Cash 2024
€8,081
From operations (derived)
-€4,124
Net result for the year
-€16,799
Depreciation
+€12,717
Receivables within one year
+€1,042
Trade debts
-€1,304
Tax, wage and social debts
-€195
Accrued charges and deferred income
+€415
Cash 2025
€3,957
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,983 | €184,101 | -€17,883 | -8.9% |
| Fixed assets | 21/28 | €192,744 | €180,028 | -€12,717 | -6.6% |
| Tangible fixed assets | 22/27 | €192,744 | €180,028 | -€12,717 | -6.6% |
| Land and buildings | 22 | €192,744 | €180,028 | -€12,717 | -6.6% |
| Current assets | 29/58 | €9,239 | €4,073 | -€5,166 | -55.9% |
| Amounts receivable within one year | 40/41 | €1,158 | €116 | -€1,042 | -90.0% |
| Trade receivables | 40 | €1,158 | €0 | -€1,158 | -100% |
| Other amounts receivable | 41 | €0 | €116 | +€116 | |
| Cash at bank and in hand | 54/58 | €8,081 | €3,957 | -€4,124 | -51.0% |
| Total equity and liabilities | 10/49 | €201,983 | €184,101 | -€17,883 | -8.9% |
| Equity | 10/15 | €28,420 | €11,621 | -€16,799 | -59.1% |
| Contributions | 10/11 | €54,537 | €54,537 | = | 0.0% |
| Reserves | 13 | €5,454 | €0 | -€5,454 | -100% |
| Non-distributable reserves | 130/1 | €5,454 | €0 | -€5,454 | -100% |
| Reserves not available under the articles | 1311 | €5,454 | €0 | -€5,454 | -100% |
| Profit (loss) carried forward | 14 | -€31,570 | -€42,915 | -€11,345 | -35.9% |
| Amounts payable | 17/49 | €173,564 | €172,480 | -€1,084 | -0.6% |
| Amounts payable within one year | 42/48 | €173,564 | €172,065 | -€1,499 | -0.9% |
| Trade debts | 44 | €1,518 | €214 | -€1,304 | -85.9% |
| Suppliers | 440/4 | €1,518 | €214 | -€1,304 | -85.9% |
| Taxes, remuneration and social security | 45 | €195 | €0 | -€195 | -100% |
| Taxes | 450/3 | €195 | €0 | -€195 | -100% |
| Other amounts payable | 47/48 | €171,851 | €171,851 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €415 | +€415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,717 | €12,717 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,158 | €2,271 | +€114 | +5.3% |
| Gross operating margin | 9900 | €6,253 | -€1,769 | -€8,021 | |
| Operating profit (loss) | 9901 | -€8,621 | -€16,757 | -€8,135 | -94.4% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,663 | -€16,799 | -€8,135 | -93.9% |
| Profit (loss) for the period | 9904 | -€8,663 | -€16,799 | -€8,135 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,663 | -€16,799 | -€8,135 | -93.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.