cq company: what changed
What changed
cq company
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€15,023
2024 · -€93,086+€108,108
Equity
€228,707
2024 · €213,685+€15,023
Cash
€67,675
2024 · €17,099+€50,576
Balance sheet total
€1.5m
2024 · €1.6m-€70,656
Largest movements
Assets
- Tangible fixed assets -€100,016
down €100,016 (-6.5%), from €1.5m to €1.4m
of which Land and buildings: -€95,952
- Cash +€50,576
up €50,576 (+296%), from €17,099 to €67,675
mainly Depreciation (+€128,075) and Receivables within one year (+€22,615)
- Receivables within one year -€22,615
no longer reported in 2025 (was €22,615)
Equity and liabilities
- Debts after one year -€83,948
down €83,948 (-8.2%), from €1.0m to €941,063
Income statement
- Depreciation -€97,874
down €97,874 (-43.3%), from €225,949 to €128,075
- Other operating charges -€28,063
down €28,063 (-73.0%), from €38,462 to €10,399
- Gross operating margin -€15,299
down €15,299 (-7.1%), from €215,667 to €200,369
- Financial charges +€2,518
up €2,518 (+5.7%), from €44,184 to €46,702
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
-€93,086
Gross operating margin
-€15,299
Depreciation
+€97,874
Other operating charges
+€28,063
Financial income
-€0
Financial charges
-€2,518
Taxes
-€12
Result 2025
€15,023
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
+€162,767
Investment
-€28,310
Financing
-€83,882
Cash 2024
€17,099
From operations (derived)
+€162,767
Net result for the year
+€15,023
Depreciation
+€128,075
Receivables within one year
+€22,615
Deferred charges and accrued income
-€1,149
Trade debts
-€7,112
Tax, wage and social debts
-€1,664
Other debts
+€6,826
Accrued charges and deferred income
+€153
Investment (derived)
-€28,310
Investment in fixed assets (net)
-€28,310
Financing
-€83,882
Debts after one year
-€83,948
Current portion of long-term debt
+€66
Cash 2025
€67,675
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,575,486 | €1,504,831 | -€70,656 | -4.5% |
| Fixed assets | 21/28 | €1,535,772 | €1,436,006 | -€99,766 | -6.5% |
| Tangible fixed assets | 22/27 | €1,535,772 | €1,435,756 | -€100,016 | -6.5% |
| Land and buildings | 22 | €1,529,177 | €1,433,225 | -€95,952 | -6.3% |
| Plant, machinery and equipment | 23 | €1,134 | €992 | -€142 | -12.5% |
| Furniture and vehicles | 24 | €5,461 | €1,540 | -€3,922 | -71.8% |
| Financial fixed assets | 28 | - | €250 | +€250 | |
| Current assets | 29/58 | €39,714 | €68,824 | +€29,110 | +73.3% |
| Amounts receivable within one year | 40/41 | €22,615 | - | -€22,615 | |
| Trade receivables | 40 | €22,615 | - | -€22,615 | |
| Cash at bank and in hand | 54/58 | €17,099 | €67,675 | +€50,576 | +296% |
| Deferred charges and accrued income | 490/1 | - | €1,149 | +€1,149 | |
| Total equity and liabilities | 10/49 | €1,575,486 | €1,504,831 | -€70,656 | -4.5% |
| Equity | 10/15 | €213,685 | €228,707 | +€15,023 | +7.0% |
| Contributions | 10/11 | €16,262 | €16,262 | = | 0.0% |
| Reserves | 13 | €290,509 | €290,509 | = | 0.0% |
| Distributable reserves | 133 | €290,509 | €290,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,086 | -€78,063 | +€15,023 | +16.1% |
| Amounts payable | 17/49 | €1,361,801 | €1,276,123 | -€85,678 | -6.3% |
| Amounts payable after more than one year | 17 | €1,025,011 | €941,063 | -€83,948 | -8.2% |
| Financial debts | 170/4 | €1,025,011 | €941,063 | -€83,948 | -8.2% |
| Amounts payable within one year | 42/48 | €325,518 | €323,635 | -€1,883 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €83,882 | €83,948 | +€66 | +0.1% |
| Trade debts | 44 | €17,745 | €10,633 | -€7,112 | -40.1% |
| Suppliers | 440/4 | €17,745 | €10,633 | -€7,112 | -40.1% |
| Taxes, remuneration and social security | 45 | €14,442 | €12,778 | -€1,664 | -11.5% |
| Taxes | 450/3 | €12,692 | €11,028 | -€1,664 | -13.1% |
| Remuneration and social security | 454/9 | €1,750 | €1,750 | = | 0.0% |
| Other amounts payable | 47/48 | €209,449 | €216,275 | +€6,826 | +3.3% |
| Accrued charges and deferred income | 492/3 | €11,273 | €11,426 | +€153 | +1.4% |
| Non-recurring operating income | 76A | €55,364 | - | -€55,364 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €225,949 | €128,075 | -€97,874 | -43.3% |
| Other operating charges | 640/8 | €38,462 | €10,399 | -€28,063 | -73.0% |
| Gross operating margin | 9900 | €215,667 | €200,369 | -€15,299 | -7.1% |
| Operating profit (loss) | 9901 | -€48,744 | €61,894 | +€110,638 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €44,184 | €46,702 | +€2,518 | +5.7% |
| Recurring financial charges | 65 | €44,184 | €46,702 | +€2,518 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | -€92,927 | €15,193 | +€108,120 | |
| Income taxes | 67/77 | €158 | €170 | +€12 | +7.5% |
| Profit (loss) for the period | 9904 | -€93,086 | €15,023 | +€108,108 | |
| Profit (loss) for the period to be appropriated | 9905 | -€93,086 | €15,023 | +€108,108 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.