AQIS: 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.
AQIS
Largest movements
- Cash -€110,621
down €110,621 (-58.3%), from €189,621 to €79,000
mainly Net result for the year (-€78,394) and Other debts (-€36,414)
- Profit (loss) carried forward -€78,394
down €78,394 (-139%), from -€56,481 to -€134,875
- Other debts -€36,414
down €36,414 (-55.5%), from €65,597 to €29,182
- Trade debts +€2,567
up €2,567 (+64.6%), from €3,973 to €6,540
- Gross operating margin -€23,753
down €23,753 (-50.1%), from -€47,367 to -€71,120
- Depreciation -€2,677
down €2,677 (-57.8%), from €4,631 to €1,955
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 | €205,416 | €94,860 | -€110,556 | -53.8% |
| Fixed assets | 21/28 | €1,488 | €2,601 | +€1,113 | +74.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,388 | €2,501 | +€1,113 | +80.2% |
| Plant, machinery and equipment | 23 | €1,388 | €2,501 | +€1,113 | +80.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €203,928 | €92,259 | -€111,668 | -54.8% |
| Amounts receivable within one year | 40/41 | €7,131 | €6,702 | -€430 | -6.0% |
| Trade receivables | 40 | €7,011 | €6,219 | -€792 | -11.3% |
| Other amounts receivable | 41 | €120 | €482 | +€362 | +302% |
| Cash at bank and in hand | 54/58 | €189,621 | €79,000 | -€110,621 | -58.3% |
| Deferred charges and accrued income | 490/1 | €7,175 | €6,558 | -€618 | -8.6% |
| Total equity and liabilities | 10/49 | €205,416 | €94,860 | -€110,556 | -53.8% |
| Equity | 10/15 | €132,072 | €53,678 | -€78,394 | -59.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €169,952 | €169,952 | = | 0.0% |
| Distributable reserves | 133 | €169,952 | €169,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,481 | -€134,875 | -€78,394 | -139% |
| Amounts payable | 17/49 | €73,344 | €41,182 | -€32,161 | -43.9% |
| Amounts payable within one year | 42/48 | €73,344 | €41,051 | -€32,293 | -44.0% |
| Trade debts | 44 | €3,973 | €6,540 | +€2,567 | +64.6% |
| Suppliers | 440/4 | €3,973 | €6,540 | +€2,567 | +64.6% |
| Taxes, remuneration and social security | 45 | €3,774 | €5,329 | +€1,555 | +41.2% |
| Taxes | 450/3 | €3,774 | €4,254 | +€480 | +12.7% |
| Remuneration and social security | 454/9 | - | €1,075 | +€1,075 | |
| Other amounts payable | 47/48 | €65,597 | €29,182 | -€36,414 | -55.5% |
| Accrued charges and deferred income | 492/3 | €0 | €131 | +€131 | |
| Remuneration, social security and pensions | 62 | €2,452 | €2,657 | +€205 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,631 | €1,955 | -€2,677 | -57.8% |
| Other operating charges | 640/8 | €737 | €751 | +€14 | +1.9% |
| Gross operating margin | 9900 | -€47,367 | -€71,120 | -€23,753 | -50.1% |
| Operating profit (loss) | 9901 | -€55,187 | -€76,483 | -€21,296 | -38.6% |
| Financial income | 75/76B | €337 | €4 | -€333 | -98.8% |
| Recurring financial income | 75 | €337 | €4 | -€333 | -98.8% |
| Financial charges | 65/66B | €1,231 | €1,511 | +€280 | +22.7% |
| Recurring financial charges | 65 | €1,231 | €1,511 | +€280 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€56,082 | -€77,989 | -€21,908 | -39.1% |
| Income taxes | 67/77 | €399 | €405 | +€6 | +1.4% |
| Profit (loss) for the period | 9904 | -€56,481 | -€78,394 | -€21,914 | -38.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,481 | -€78,394 | -€21,914 | -38.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.