BQ CONCEPT: 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.
BQ CONCEPT
Largest movements
- Tangible fixed assets -€8,530
down €8,530 (-78.1%), from €10,924 to €2,394
- Cash -€6,785
down €6,785 (-100%), from €6,785 to €0
mainly Net result for the year (-€6,369) and Tax, wage and social debts (-€6,147)
- Receivables within one year +€3,818
up €3,818 (+504%), from €758 to €4,575
of which Trade receivables: +€2,558
- Intangible fixed assets +€1,090
up €1,090 (+6.1%), from €17,900 to €18,991
- Profit (loss) carried forward -€6,369
down €6,369 (-23.8%), from €26,760 to €20,391
- Tax, wage and social debts -€6,147
down €6,147 (-80.8%), from €7,608 to €1,461
of which Taxes: -€6,147
- Trade debts +€2,488
up €2,488 (+350%), from €712 to €3,200
- Other debts -€379
down €379 (-100%), from €379 to €0
- Turnover -€13,903
down €13,903 (-16.0%), from €87,160 to €73,257
- Gross operating margin -€13,425
down €13,425 (-68.7%), from €19,553 to €6,128
- Taxes -€1,461
no longer reported in 2025 (was €1,461)
- Staff costs -€1,400
no longer reported in 2025 (was €1,400)
- Other operating charges +€1,040
new in 2025: €1,040
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 | €36,459 | €26,052 | -€10,407 | -28.5% |
| Fixed assets | 21/28 | €28,916 | €21,476 | -€7,440 | -25.7% |
| Intangible fixed assets | 21 | €17,900 | €18,991 | +€1,090 | +6.1% |
| Tangible fixed assets | 22/27 | €10,924 | €2,394 | -€8,530 | -78.1% |
| Furniture and vehicles | 24 | €10,924 | €2,394 | -€8,530 | -78.1% |
| Financial fixed assets | 28 | €92 | €92 | = | 0.0% |
| Current assets | 29/58 | €7,543 | €4,575 | -€2,967 | -39.3% |
| Amounts receivable within one year | 40/41 | €758 | €4,575 | +€3,818 | +504% |
| Trade receivables | 40 | €52 | €2,610 | +€2,558 | +4,902% |
| Other amounts receivable | 41 | €705 | €1,965 | +€1,260 | +179% |
| Cash at bank and in hand | 54/58 | €6,785 | €0 | -€6,785 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €36,459 | €26,052 | -€10,407 | -28.5% |
| Equity | 10/15 | €27,760 | €21,391 | -€6,369 | -22.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,760 | €20,391 | -€6,369 | -23.8% |
| Amounts payable | 17/49 | €8,698 | €4,661 | -€4,038 | -46.4% |
| Amounts payable within one year | 42/48 | €8,698 | €4,661 | -€4,038 | -46.4% |
| Trade debts | 44 | €712 | €3,200 | +€2,488 | +350% |
| Suppliers | 440/4 | €712 | €3,200 | +€2,488 | +350% |
| Taxes, remuneration and social security | 45 | €7,608 | €1,461 | -€6,147 | -80.8% |
| Taxes | 450/3 | €7,608 | €1,461 | -€6,147 | -80.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €379 | €0 | -€379 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €87,160 | €73,257 | -€13,903 | -16.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €67,803 | €67,886 | +€83 | +0.1% |
| Remuneration, social security and pensions | 62 | €1,400 | - | -€1,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,214 | €11,204 | -€10 | -0.1% |
| Other operating charges | 640/8 | - | €1,040 | +€1,040 | |
| Non-recurring operating charges | 66A | €139 | €246 | +€106 | +76.4% |
| Gross operating margin | 9900 | €19,553 | €6,128 | -€13,425 | -68.7% |
| Operating profit (loss) | 9901 | €6,799 | -€6,362 | -€13,161 | |
| Financial charges | 65/66B | €28 | €8 | -€21 | -73.2% |
| Recurring financial charges | 65 | €28 | €8 | -€21 | -73.2% |
| Profit (loss) for the period before taxes | 9903 | €6,771 | -€6,369 | -€13,140 | |
| Income taxes | 67/77 | €1,461 | - | -€1,461 | |
| Profit (loss) for the period | 9904 | €5,310 | -€6,369 | -€11,679 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,310 | -€6,369 | -€11,679 |
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 28 October 2026 via checked.be.