Quad Plus: what changed
Quad Plus
Largest movements
- Receivables within one year -€6,955
down €6,955 (-62.4%), from €11,143 to €4,188
- Tangible fixed assets -€1,972
down €1,972 (-36.6%), from €5,389 to €3,417
- Cash -€987
down €987 (-33.5%), from €2,946 to €1,960
mainly Trade debts (-€8,539) and Net result for the year (-€1,375)
- Trade debts -€8,539
down €8,539 (-80.2%), from €10,645 to €2,106
- Equity -€1,375
down €1,375 (-15.6%), from €8,833 to €7,459
- Gross operating margin -€4,066
down €4,066 (-85.2%), from €4,771 to €704
- Depreciation -€1,168
down €1,168 (-37.2%), from €3,140 to €1,972
Change in the result, 2014 to 2015
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 2014 and 2015 balance sheets and the 2015 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 | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,479 | €9,565 | -€9,914 | -50.9% |
| Fixed assets | 21/28 | €5,389 | €3,417 | -€1,972 | -36.6% |
| Tangible fixed assets | 22/27 | €5,389 | €3,417 | -€1,972 | -36.6% |
| Current assets | 29/58 | €14,090 | €6,148 | -€7,942 | -56.4% |
| Amounts receivable within one year | 40/41 | €11,143 | €4,188 | -€6,955 | -62.4% |
| Cash at bank and in hand | 54/58 | €2,946 | €1,960 | -€987 | -33.5% |
| Total equity and liabilities | 10/49 | €19,479 | €9,565 | -€9,914 | -50.9% |
| Equity | 10/15 | €8,833 | €7,459 | -€1,375 | -15.6% |
| Profit (loss) carried forward | 14 | €8,563 | €7,189 | -€1,375 | -16.1% |
| Amounts payable | 17/49 | €10,645 | €2,106 | -€8,539 | -80.2% |
| Amounts payable within one year | 42/48 | €10,645 | €2,106 | -€8,539 | -80.2% |
| Trade debts | 44 | €10,645 | €2,106 | -€8,539 | -80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,140 | €1,972 | -€1,168 | -37.2% |
| Gross operating margin | 9900 | €4,771 | €704 | -€4,066 | -85.2% |
| Operating profit (loss) | 9901 | €1,581 | -€1,268 | -€2,849 | |
| Recurring financial income | 75 | €10 | €6 | -€4 | -41.1% |
| Recurring financial charges | 65 | €128 | €111 | -€17 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €1,462 | -€1,373 | -€2,836 | |
| Profit (loss) for the period | 9904 | €1,460 | -€1,375 | -€2,835 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,460 | -€1,375 | -€2,835 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.