AQT NOW: 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.
AQT NOW
Largest movements
- Receivables within one year +€17,751
up €17,751 (+768%), from €2,313 to €20,064
of which Trade receivables: +€17,807
- Tangible fixed assets +€819
up €819 (+162%), from €504 to €1,323
- Deferred charges and accrued income -€521
down €521 (-17.6%), from €2,954 to €2,433
- Cash +€427
up €427 (+14.9%), from €2,869 to €3,296
mainly Net result for the year (+€18,015) and Other debts (+€3,527)
- Profit (loss) carried forward +€18,015
up €18,015 (+65.9%), from -€27,334 to -€9,319
- Trade debts -€4,263
down €4,263 (-68.4%), from €6,236 to €1,972
- Other debts +€3,527
up €3,527 (+72.3%), from €4,877 to €8,404
- Tax, wage and social debts +€1,190
up €1,190 (+19.9%), from €5,982 to €7,172
of which Taxes: +€1,190
- Gross operating margin +€55,104
up €55,104, from -€34,305 to €20,799
- Other operating charges +€414
up €414 (+36.2%), from €1,145 to €1,560
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 | €8,641 | €27,116 | +€18,475 | +214% |
| Fixed assets | 21/28 | €504 | €1,323 | +€819 | +162% |
| Tangible fixed assets | 22/27 | €504 | €1,323 | +€819 | +162% |
| Furniture and vehicles | 24 | €504 | €1,323 | +€819 | +162% |
| Current assets | 29/58 | €8,136 | €25,793 | +€17,657 | +217% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,313 | €20,064 | +€17,751 | +768% |
| Trade receivables | 40 | €1,904 | €19,711 | +€17,807 | +935% |
| Other amounts receivable | 41 | €408 | €353 | -€56 | -13.6% |
| Cash at bank and in hand | 54/58 | €2,869 | €3,296 | +€427 | +14.9% |
| Deferred charges and accrued income | 490/1 | €2,954 | €2,433 | -€521 | -17.6% |
| Total equity and liabilities | 10/49 | €8,641 | €27,116 | +€18,475 | +214% |
| Equity | 10/15 | -€18,817 | -€802 | +€18,015 | +95.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,517 | €5,517 | = | 0.0% |
| Distributable reserves | 133 | €5,517 | €5,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,334 | -€9,319 | +€18,015 | +65.9% |
| Amounts payable | 17/49 | €27,458 | €27,918 | +€460 | +1.7% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,095 | €17,549 | +€454 | +2.7% |
| Trade debts | 44 | €6,236 | €1,972 | -€4,263 | -68.4% |
| Suppliers | 440/4 | €6,236 | €1,972 | -€4,263 | -68.4% |
| Taxes, remuneration and social security | 45 | €5,982 | €7,172 | +€1,190 | +19.9% |
| Taxes | 450/3 | €4,682 | €5,872 | +€1,190 | +25.4% |
| Remuneration and social security | 454/9 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 47/48 | €4,877 | €8,404 | +€3,527 | +72.3% |
| Accrued charges and deferred income | 492/3 | €363 | €370 | +€7 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155 | €259 | +€104 | +67.5% |
| Other operating charges | 640/8 | €1,145 | €1,560 | +€414 | +36.2% |
| Non-recurring operating charges | 66A | €638 | €0 | -€638 | -100% |
| Gross operating margin | 9900 | -€34,305 | €20,799 | +€55,104 | |
| Operating profit (loss) | 9901 | -€36,243 | €18,980 | +€55,223 | |
| Financial income | 75/76B | €166 | €136 | -€30 | -18.2% |
| Recurring financial income | 75 | €166 | €136 | -€30 | -18.2% |
| Financial charges | 65/66B | €903 | €904 | +€1 | +0.2% |
| Recurring financial charges | 65 | €903 | €904 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€36,980 | €18,212 | +€55,192 | |
| Income taxes | 67/77 | €186 | €197 | +€12 | +6.2% |
| Profit (loss) for the period | 9904 | -€37,165 | €18,015 | +€55,180 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,165 | €18,015 | +€55,180 |
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 27 October 2026 via checked.be.