C.Q.I.7: what changed
What changed
C.Q.I.7
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€1,121
2024 · €1,945-€824
Equity
€15,425
2024 · €14,303+€1,121
Cash
€6,071
2024 · €28,959-€22,888
Balance sheet total
€305,260
2024 · €344,008-€38,748
Largest movements
Assets
- Cash -€22,888
down €22,888 (-79.0%), from €28,959 to €6,071
mainly Other debts (-€24,594) and Debts after one year (-€16,032)
- Tangible fixed assets -€16,589
down €16,589 (-5.3%), from €314,647 to €298,058
of which Land and buildings: -€14,427
Equity and liabilities
- Other debts -€24,594
down €24,594 (-19.1%), from €129,028 to €104,433
- Debts after one year -€16,032
down €16,032 (-8.8%), from €181,221 to €165,189
Income statement
- Gross operating margin -€984
down €984 (-4.2%), from €23,690 to €22,706
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1,945
Gross operating margin
-€984
Depreciation
-€27
Other operating charges
+€27
Financial charges
+€160
Result 2025
€1,121
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€7,032
Investment
€0
Financing
-€15,856
Cash 2024
€28,959
From operations (derived)
-€7,032
Net result for the year
+€1,121
Depreciation
+€16,589
Receivables within one year
-€215
Deferred charges and accrued income
-€514
Trade debts
+€321
Tax, wage and social debts
+€240
Other debts
-€24,594
Accrued charges and deferred income
+€20
Financing
-€15,856
Debts after one year
-€16,032
Current portion of long-term debt
+€176
Cash 2025
€6,071
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,008 | €305,260 | -€38,748 | -11.3% |
| Fixed assets | 21/28 | €314,647 | €298,058 | -€16,589 | -5.3% |
| Tangible fixed assets | 22/27 | €314,647 | €298,058 | -€16,589 | -5.3% |
| Land and buildings | 22 | €302,439 | €288,013 | -€14,427 | -4.8% |
| Plant, machinery and equipment | 23 | €12,207 | €10,045 | -€2,162 | -17.7% |
| Current assets | 29/58 | €29,361 | €7,202 | -€22,159 | -75.5% |
| Amounts receivable within one year | 40/41 | €0 | €215 | +€215 | |
| Trade receivables | 40 | €0 | €215 | +€215 | |
| Cash at bank and in hand | 54/58 | €28,959 | €6,071 | -€22,888 | -79.0% |
| Deferred charges and accrued income | 490/1 | €402 | €916 | +€514 | +128% |
| Total equity and liabilities | 10/49 | €344,008 | €305,260 | -€38,748 | -11.3% |
| Equity | 10/15 | €14,303 | €15,425 | +€1,121 | +7.8% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,697 | -€24,575 | +€1,121 | +4.4% |
| Amounts payable | 17/49 | €329,704 | €289,835 | -€39,869 | -12.1% |
| Amounts payable after more than one year | 17 | €181,221 | €165,189 | -€16,032 | -8.8% |
| Financial debts | 170/4 | €181,221 | €165,189 | -€16,032 | -8.8% |
| Amounts payable within one year | 42/48 | €147,140 | €123,283 | -€23,857 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €17,185 | €17,361 | +€176 | +1.0% |
| Trade debts | 44 | €322 | €642 | +€321 | +99.6% |
| Suppliers | 440/4 | €322 | €642 | +€321 | +99.6% |
| Taxes, remuneration and social security | 45 | €606 | €846 | +€240 | +39.7% |
| Taxes | 450/3 | €606 | €846 | +€240 | +39.7% |
| Other amounts payable | 47/48 | €129,028 | €104,433 | -€24,594 | -19.1% |
| Accrued charges and deferred income | 492/3 | €1,343 | €1,363 | +€20 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,562 | €16,589 | +€27 | +0.2% |
| Other operating charges | 640/8 | €2,962 | €2,935 | -€27 | -0.9% |
| Gross operating margin | 9900 | €23,690 | €22,706 | -€984 | -4.2% |
| Operating profit (loss) | 9901 | €4,166 | €3,182 | -€984 | -23.6% |
| Financial charges | 65/66B | €2,221 | €2,061 | -€160 | -7.2% |
| Recurring financial charges | 65 | €2,221 | €2,061 | -€160 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €1,945 | €1,121 | -€824 | -42.4% |
| Profit (loss) for the period | 9904 | €1,945 | €1,121 | -€824 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,945 | €1,121 | -€824 | -42.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.