FQ8 Audit & Management: 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.
FQ8 Audit & Management
Largest movements
- Financial fixed assets -€377,065
down €377,065 (-99.7%), from €378,166 to €1,101
- Cash +€128,749
up €128,749 (+1,234%), from €10,433 to €139,183
mainly Investment in fixed assets (net) (+€377,065) and Net result for the year (+€34,738)
- Receivables after one year +€18,000
up €18,000 (+225%), from €8,000 to €26,000
- Tangible fixed assets -€13,953
down €13,953 (-25.9%), from €53,953 to €40,000
of which Furniture and vehicles: -€13,511
- Other debts -€206,946
down €206,946 (-74.7%), from €277,189 to €70,242
- Reserves -€32,252
down €32,252 (-25.1%), from €128,678 to €96,427
of which Distributable reserves: -€32,252
- Debts after one year -€13,534
down €13,534 (-33.0%), from €40,976 to €27,441
- Tax, wage and social debts +€5,355
up €5,355 (+52.7%), from €10,157 to €15,513
- Gross operating margin +€30,623
up €30,623 (+105%), from €29,099 to €59,722
- Taxes +€8,069
up €8,069 (+170%), from €4,742 to €12,811
- Financial income +€4,340
up €4,340 (+29,225%), from €15 to €4,355
of which Non-recurring financial income: +€4,348
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €471,381 | €227,546 | -€243,835 | -51.7% |
| Fixed assets | 21/28 | €432,119 | €41,101 | -€391,018 | -90.5% |
| Tangible fixed assets | 22/27 | €53,953 | €40,000 | -€13,953 | -25.9% |
| Plant, machinery and equipment | 23 | €1,718 | €1,276 | -€442 | -25.7% |
| Furniture and vehicles | 24 | €52,235 | €38,724 | -€13,511 | -25.9% |
| Financial fixed assets | 28 | €378,166 | €1,101 | -€377,065 | -99.7% |
| Current assets | 29/58 | €39,262 | €186,445 | +€147,183 | +375% |
| Amounts receivable after more than one year | 29 | €8,000 | €26,000 | +€18,000 | +225% |
| Other amounts receivable | 291 | €8,000 | €26,000 | +€18,000 | +225% |
| Amounts receivable within one year | 40/41 | €15,073 | €15,125 | +€52 | +0.3% |
| Trade receivables | 40 | €12,310 | €15,125 | +€2,815 | +22.9% |
| Other amounts receivable | 41 | €2,763 | - | -€2,763 | |
| Cash at bank and in hand | 54/58 | €10,433 | €139,183 | +€128,749 | +1,234% |
| Deferred charges and accrued income | 490/1 | €5,756 | €6,137 | +€381 | +6.6% |
| Total equity and liabilities | 10/49 | €471,381 | €227,546 | -€243,835 | -51.7% |
| Equity | 10/15 | €128,678 | €96,427 | -€32,252 | -25.1% |
| Reserves | 13 | €128,678 | €96,427 | -€32,252 | -25.1% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Distributable reserves | 133 | €128,658 | €96,407 | -€32,252 | -25.1% |
| Amounts payable | 17/49 | €342,703 | €131,119 | -€211,584 | -61.7% |
| Amounts payable after more than one year | 17 | €40,976 | €27,441 | -€13,534 | -33.0% |
| Financial debts | 170/4 | €40,976 | €27,441 | -€13,534 | -33.0% |
| Amounts payable within one year | 42/48 | €301,727 | €103,653 | -€198,074 | -65.6% |
| Current portion of amounts payable after more than one year | 42 | €13,024 | €13,534 | +€510 | +3.9% |
| Trade debts | 44 | €1,357 | €4,364 | +€3,006 | +222% |
| Suppliers | 440/4 | €1,357 | €4,364 | +€3,006 | +222% |
| Taxes, remuneration and social security | 45 | €10,157 | €15,513 | +€5,355 | +52.7% |
| Taxes | 450/3 | €10,157 | €15,513 | +€5,355 | +52.7% |
| Other amounts payable | 47/48 | €277,189 | €70,242 | -€206,946 | -74.7% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,953 | €13,953 | = | 0.0% |
| Other operating charges | 640/8 | €76 | €528 | +€452 | +593% |
| Gross operating margin | 9900 | €29,099 | €59,722 | +€30,623 | +105% |
| Operating profit (loss) | 9901 | €15,069 | €45,241 | +€30,171 | +200% |
| Financial income | 75/76B | €15 | €4,355 | +€4,340 | +29,225% |
| Recurring financial income | 75 | €15 | €7 | -€8 | -52.5% |
| Non-recurring financial income | 76B | - | €4,348 | +€4,348 | |
| Financial charges | 65/66B | €2,576 | €2,047 | -€529 | -20.5% |
| Recurring financial charges | 65 | €2,576 | €2,047 | -€529 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €12,509 | €47,549 | +€35,040 | +280% |
| Income taxes | 67/77 | €4,742 | €12,811 | +€8,069 | +170% |
| Profit (loss) for the period | 9904 | €7,767 | €34,738 | +€26,971 | +347% |
| Profit (loss) for the period to be appropriated | 9905 | €7,767 | €34,738 | +€26,971 | +347% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.