QUALSOFT
InactiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 26-03-2026 PDF all 14 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€2,850▼ 12.4%
2024 · -€2,536
Working capital
€23,635▼ 10.8%
2024 · €26,485
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
-€2,734
▼ 12.4%
2025
20192025
Net result
-€2,850
▼ 12.4%
2025
20192025
Equity
€23,860
▼ 10.7%
2025
20192025
Total assets
€25,231
▼ 8.6%
2025
20192025
Debt
€1,371
▲ 52.6%
2025
20192025
Working capital
€23,635
▼ 10.8%
2025
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€1,178--€2,069▼ 75.7%-€40▲ 98.1%-€3,324▼ 8,288%-€2,234▲ 32.8%-€2,433▼ 8.9%-€2,734▼ 12.4%
Net result-€1,333--€2,266▼ 70.0%-€202▲ 91.1%-€3,563▼ 1,662%-€2,447▲ 31.3%-€2,536▼ 3.6%-€2,850▼ 12.4%
Equity€37,724-€35,458▼ 6.0%€35,256▼ 0.6%€31,693▼ 10.1%€29,246▼ 7.7%€26,710▼ 8.7%€23,860▼ 10.7%
Total assets€38,084-€35,596▼ 6.5%€35,893▲ 0.8%€32,003▼ 10.8%€29,653▼ 7.3%€27,608▼ 6.9%€25,231▼ 8.6%
Debt€360-€139▼ 61.5%€637▲ 360%€310▼ 51.4%€407▲ 31.2%€899▲ 121%€1,371▲ 52.6%
Working capital€37,499-€35,233▼ 6.0%€35,031▼ 0.6%€31,468▼ 10.2%€29,021▼ 7.8%€26,485▼ 8.7%€23,635▼ 10.8%
The operating result for 2025 is a loss of €2,734, larger than the loss of €2,433 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,231
Fixed assets
€225 =
Current assets
€25,006 ▼ 8.7%
Equity and liabilities €25,231
Equity
€23,860 ▼ 10.7%
Debt
€1,371 ▲ 52.6%
Debt's share of the balance-sheet total rises from 3.3% to 5.4%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
18.24▼
2024 · 30.48
Debt to equity
0.06▲
2024 · 0.03
ROE
-11.9%▼
2024 · -9.5%
ROA
-11.3%▼
2024 · -9.2%
Debt ≤ 1 year
€1,371▲
2024 · €899
Income taxes
€43
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | - | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€830 | -€2,069 | €655 | -€3,324 | -€1,887 | -€2,049 | -€2,347 | ▼ 14.6% |
| Operating profit (loss)9901 | -€1,178 | -€2,069 | -€40 | -€3,324 | -€2,234 | -€2,433 | -€2,734 | ▼ 12.4% |
| Financial income75/76B | - | - | - | - | €44 | €145 | €181 | ▲ 25.1% |
| Recurring financial income75 | €3 | €3 | €1 | - | €44 | €145 | €181 | ▲ 25.1% |
| Financial charges65/66B | - | - | - | €239 | €244 | €248 | €253 | ▲ 2.1% |
| Recurring financial charges65 | €157 | €199 | €164 | €239 | €244 | €248 | €253 | ▲ 2.1% |
| Profit (loss) for the period before taxes9903 | -€1,332 | -€2,265 | -€202 | -€3,563 | -€2,434 | -€2,536 | -€2,806 | ▼ 10.7% |
| Income taxes67/77 | €1 | €1 | €0 | - | €13 | - | €43 | - |
| Profit (loss) for the period9904 | -€1,333 | -€2,266 | -€202 | -€3,563 | -€2,447 | -€2,536 | -€2,850 | ▼ 12.4% |
| Profit (loss) for the period to be appropriated9905 | -€1,333 | -€2,266 | -€202 | -€3,563 | -€2,447 | -€2,536 | -€2,850 | ▼ 12.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €38,084 | €35,596 | €35,893 | €32,003 | €29,653 | €27,608 | €25,231 | ▼ 8.6% |
| Fixed assets21/28 | €225 | €225 | €225 | €225 | €225 | €225 | €225 | = |
| Financial fixed assets28 | €225 | €225 | €225 | €225 | €225 | €225 | €225 | = |
| Current assets29/58 | €37,859 | €35,371 | €35,668 | €31,778 | €29,428 | €27,383 | €25,006 | ▼ 8.7% |
| Amounts receivable within one year40/41 | €944 | €654 | €5,599 | €966 | €1,390 | €752 | €439 | ▼ 41.6% |
| Trade receivables40 | - | - | - | €508 | €569 | €424 | - | - |
| Other amounts receivable41 | - | - | - | €457 | €822 | €329 | €439 | ▲ 33.5% |
| Current investments50/53 | €30,520 | €30,522 | €24,022 | €24,022 | €24,052 | €24,153 | €22,255 | ▼ 7.9% |
| Cash at bank and in hand54/58 | €6,395 | €821 | €2,672 | €6,790 | €3,985 | €2,478 | €2,276 | ▼ 8.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €36 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €38,084 | €35,596 | €35,893 | €32,003 | €29,653 | €27,608 | €25,231 | ▼ 8.6% |
| Equity10/15 | €37,724 | €35,458 | €35,256 | €31,693 | €29,246 | €26,710 | €23,860 | ▼ 10.7% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €25,324 | €23,058 | €22,856 | €19,293 | €16,846 | €14,310 | €11,460 | ▼ 19.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €17,433 | €14,986 | €12,450 | €9,600 | ▼ 22.9% |
| Amounts payable17/49 | €360 | €139 | €637 | €310 | €407 | €899 | €1,371 | ▲ 52.6% |
| Amounts payable within one year42/48 | €360 | €139 | €637 | €310 | €407 | €899 | €1,371 | ▲ 52.6% |
| Trade debts44 | €236 | €15 | €514 | €186 | €198 | €205 | €212 | ▲ 3.4% |
| Suppliers440/4 | - | - | - | €186 | €198 | €205 | €212 | ▲ 3.4% |
| Other amounts payable47/48 | - | - | - | €124 | €208 | €694 | €1,159 | ▲ 67.0% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,333 | -€2,266 | -€202 | -€3,563 | -€2,447 | -€2,536 | -€2,850 | ▼ 12.4% |
| Operating cash flow (approximation) | -€1,333 | -€2,266 | -€202 | -€3,563 | -€2,447 | -€2,536 | -€2,850 | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,574 | €1,850 | €4,118 | -€2,805 | -€1,507 | -€201 | ▲ 86.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | full format | 26-03-2026 | 2026-00062948 | |
| 30-09-2024 | full format | 27-04-2025 | 2025-00084993 | |
| 30-09-2023 | full format | 04-04-2024 | 2024-00057074 | |
| 30-09-2022 | full format | 02-05-2023 | 2023-00073724 | |
| 30-09-2021 | full format | 29-03-2022 | 2022-09700105 | |
| 30-09-2020 | full format | 02-04-2021 | 2021-09900248 | |
| 30-09-2019 | full format | 17-04-2020 | 2020-09400178 | |
| 30-09-2018 | full format | 26-03-2019 | 2019-08600037 | |
| 30-09-2017 | full format | 25-04-2018 | 2018-10900201 | |
| 30-09-2016 | full format | 28-04-2017 | 2017-10800560 |