GQ & Sons: 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.
GQ & Sons
Largest movements
- Receivables within one year -€4,987
down €4,987 (-14.1%), from €35,402 to €30,415
of which Trade receivables: -€8,827
- Current investments +€4,000
new in 2025: €4,000
- Deferred charges and accrued income +€1,506
up €1,506 (+938%), from €161 to €1,667
- Profit (loss) carried forward +€4,350
up €4,350 (+30.4%), from -€14,310 to -€9,959
- Tax, wage and social debts -€2,786
down €2,786 (-50.7%), from €5,497 to €2,710
- Gross operating margin -€24,354
down €24,354 (-80.3%), from €30,339 to €5,985
- Taxes -€6,919
down €6,919 (-85.5%), from €8,093 to €1,174
- Other operating charges -€505
down €505 (-55.8%), from €904 to €400
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 | €53,583 | €54,283 | +€700 | +1.3% |
| Fixed assets | 21/28 | €190 | €190 | = | 0.0% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €53,393 | €54,093 | +€700 | +1.3% |
| Amounts receivable within one year | 40/41 | €35,402 | €30,415 | -€4,987 | -14.1% |
| Trade receivables | 40 | €35,402 | €26,575 | -€8,827 | -24.9% |
| Other amounts receivable | 41 | - | €3,840 | +€3,840 | |
| Current investments | 50/53 | - | €4,000 | +€4,000 | |
| Cash at bank and in hand | 54/58 | €17,831 | €18,012 | +€181 | +1.0% |
| Deferred charges and accrued income | 490/1 | €161 | €1,667 | +€1,506 | +938% |
| Total equity and liabilities | 10/49 | €53,583 | €54,283 | +€700 | +1.3% |
| Equity | 10/15 | €46,063 | €50,414 | +€4,350 | +9.4% |
| Contributions | 10/11 | €7,290 | €7,290 | = | 0.0% |
| Reserves | 13 | €53,083 | €53,083 | = | 0.0% |
| Distributable reserves | 133 | €53,083 | €53,083 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,310 | -€9,959 | +€4,350 | +30.4% |
| Amounts payable | 17/49 | €7,520 | €3,870 | -€3,650 | -48.5% |
| Amounts payable within one year | 42/48 | €7,520 | €3,870 | -€3,650 | -48.5% |
| Trade debts | 44 | €634 | €259 | -€375 | -59.2% |
| Suppliers | 440/4 | €634 | €259 | -€375 | -59.2% |
| Taxes, remuneration and social security | 45 | €5,497 | €2,710 | -€2,786 | -50.7% |
| Taxes | 450/3 | €5,497 | €2,710 | -€2,786 | -50.7% |
| Other amounts payable | 47/48 | €1,389 | €901 | -€489 | -35.2% |
| Remuneration, social security and pensions | 62 | €49 | - | -€49 | |
| Other operating charges | 640/8 | €904 | €400 | -€505 | -55.8% |
| Gross operating margin | 9900 | €30,339 | €5,985 | -€24,354 | -80.3% |
| Operating profit (loss) | 9901 | €29,386 | €5,586 | -€23,800 | -81.0% |
| Financial income | 75/76B | €66 | €52 | -€14 | -21.4% |
| Recurring financial income | 75 | €66 | €52 | -€14 | -21.4% |
| Financial charges | 65/66B | €292 | €113 | -€179 | -61.2% |
| Recurring financial charges | 65 | €292 | €113 | -€179 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €29,160 | €5,525 | -€23,636 | -81.1% |
| Income taxes | 67/77 | €8,093 | €1,174 | -€6,919 | -85.5% |
| Profit (loss) for the period | 9904 | €21,067 | €4,350 | -€16,717 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,067 | €4,350 | -€16,717 | -79.3% |
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 29 October 2026 via checked.be.