BQ-INTERIORS: 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-INTERIORS
Largest movements
- Tangible fixed assets +€130,372
up €130,372 (+34.9%), from €373,038 to €503,410
of which Land and buildings: +€136,247
- Cash -€58,625
down €58,625 (-91.0%), from €64,424 to €5,799
mainly Investment in fixed assets (net) (-€159,434) and Receivables within one year (-€55,386)
- Receivables within one year +€55,386
up €55,386 (+29.8%), from €185,701 to €241,087
of which Other amounts receivable: +€43,658
- Debts after one year +€66,487
up €66,487 (+23.5%), from €282,926 to €349,412
- Short-term financial debts +€50,000
new in 2025: €50,000
- Trade debts -€31,895
down €31,895 (-64.7%), from €49,290 to €17,394
- Reserves +€25,917
up €25,917 (+11.0%), from €235,679 to €261,596
- Tax, wage and social debts +€9,235
up €9,235 (+29.6%), from €31,245 to €40,480
- Gross operating margin -€156,488
down €156,488 (-62.1%), from €251,821 to €95,334
- Taxes -€54,122
down €54,122 (-79.3%), from €68,245 to €14,123
- Depreciation +€22,724
up €22,724 (+359%), from €6,338 to €29,062
- Other operating charges -€14,139
down €14,139 (-68.9%), from €20,526 to €6,387
- Financial charges +€3,686
up €3,686 (+20.3%), from €18,168 to €21,853
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 | €624,694 | €750,747 | +€126,053 | +20.2% |
| Fixed assets | 21/28 | €373,176 | €503,548 | +€130,372 | +34.9% |
| Tangible fixed assets | 22/27 | €373,038 | €503,410 | +€130,372 | +34.9% |
| Land and buildings | 22 | €349,283 | €485,530 | +€136,247 | +39.0% |
| Plant, machinery and equipment | 23 | €1,937 | €1,517 | -€421 | -21.7% |
| Furniture and vehicles | 24 | €21,818 | €16,364 | -€5,455 | -25.0% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €251,517 | €247,198 | -€4,319 | -1.7% |
| Amounts receivable within one year | 40/41 | €185,701 | €241,087 | +€55,386 | +29.8% |
| Trade receivables | 40 | €33,512 | €45,241 | +€11,729 | +35.0% |
| Other amounts receivable | 41 | €152,189 | €195,847 | +€43,658 | +28.7% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,424 | €5,799 | -€58,625 | -91.0% |
| Deferred charges and accrued income | 490/1 | €1,142 | €62 | -€1,080 | -94.6% |
| Total equity and liabilities | 10/49 | €624,694 | €750,747 | +€126,053 | +20.2% |
| Equity | 10/15 | €241,879 | €267,796 | +€25,917 | +10.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €235,679 | €261,596 | +€25,917 | +11.0% |
| Distributable reserves | 133 | €235,679 | €261,596 | +€25,917 | +11.0% |
| Amounts payable | 17/49 | €382,815 | €482,950 | +€100,136 | +26.2% |
| Amounts payable after more than one year | 17 | €282,926 | €349,412 | +€66,487 | +23.5% |
| Financial debts | 170/4 | €282,926 | €349,412 | +€66,487 | +23.5% |
| Amounts payable within one year | 42/48 | €99,870 | €133,538 | +€33,668 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €19,335 | €25,663 | +€6,329 | +32.7% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €49,290 | €17,394 | -€31,895 | -64.7% |
| Suppliers | 440/4 | €49,290 | €17,394 | -€31,895 | -64.7% |
| Taxes, remuneration and social security | 45 | €31,245 | €40,480 | +€9,235 | +29.6% |
| Taxes | 450/3 | €31,245 | €40,480 | +€9,235 | +29.6% |
| Accrued charges and deferred income | 492/3 | €19 | - | -€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,338 | €29,062 | +€22,724 | +359% |
| Other operating charges | 640/8 | €20,526 | €6,387 | -€14,139 | -68.9% |
| Gross operating margin | 9900 | €251,821 | €95,334 | -€156,488 | -62.1% |
| Operating profit (loss) | 9901 | €224,957 | €59,885 | -€165,072 | -73.4% |
| Financial income | 75/76B | €891 | €2,009 | +€1,118 | +125% |
| Recurring financial income | 75 | €891 | €2,009 | +€1,118 | +125% |
| Financial charges | 65/66B | €18,168 | €21,853 | +€3,686 | +20.3% |
| Recurring financial charges | 65 | €18,168 | €21,853 | +€3,686 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €207,680 | €40,040 | -€167,640 | -80.7% |
| Income taxes | 67/77 | €68,245 | €14,123 | -€54,122 | -79.3% |
| Profit (loss) for the period | 9904 | €139,435 | €25,917 | -€113,517 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €139,435 | €25,917 | -€113,517 | -81.4% |
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 23 October 2026 via checked.be.