Instituut Quality Control: 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.
Instituut Quality Control
Largest movements
- Tangible fixed assets -€27,938
down €27,938 (-18.5%), from €151,190 to €123,252
of which Furniture and vehicles: -€19,466
- Current investments -€25,000
down €25,000 (-5.0%), from €500,000 to €475,000
- Cash +€19,314
up €19,314 (+23.5%), from €82,189 to €101,503
mainly Depreciation (+€27,938) and Current investments (+€25,000)
- Receivables within one year +€14,554
up €14,554 (+34.6%), from €42,004 to €56,559
of which Trade receivables: +€12,735
- Reserves -€33,071
down €33,071 (-4.6%), from €712,231 to €679,161
- Gross operating margin -€18,709
down €18,709 (-9.1%), from €204,657 to €185,947
- Financial income +€14,166
up €14,166 (+296%), from €4,793 to €18,959
- Other operating charges +€9,955
up €9,955 (+264%), from €3,771 to €13,726
- Staff costs -€3,636
down €3,636 (-1.8%), from €199,394 to €195,759
- Taxes -€3,236
down €3,236 (-90.7%), from €3,566 to €330
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 | €798,386 | €778,730 | -€19,656 | -2.5% |
| Fixed assets | 21/28 | €151,190 | €123,252 | -€27,938 | -18.5% |
| Tangible fixed assets | 22/27 | €151,190 | €123,252 | -€27,938 | -18.5% |
| Land and buildings | 22 | €96,484 | €90,106 | -€6,379 | -6.6% |
| Plant, machinery and equipment | 23 | €4,838 | €2,745 | -€2,093 | -43.3% |
| Furniture and vehicles | 24 | €49,868 | €30,402 | -€19,466 | -39.0% |
| Current assets | 29/58 | €647,196 | €655,478 | +€8,282 | +1.3% |
| Amounts receivable within one year | 40/41 | €42,004 | €56,559 | +€14,554 | +34.6% |
| Trade receivables | 40 | €38,503 | €51,238 | +€12,735 | +33.1% |
| Other amounts receivable | 41 | €3,502 | €5,321 | +€1,819 | +52.0% |
| Current investments | 50/53 | €500,000 | €475,000 | -€25,000 | -5.0% |
| Cash at bank and in hand | 54/58 | €82,189 | €101,503 | +€19,314 | +23.5% |
| Deferred charges and accrued income | 490/1 | €23,003 | €22,417 | -€586 | -2.5% |
| Total equity and liabilities | 10/49 | €798,386 | €778,730 | -€19,656 | -2.5% |
| Equity | 10/15 | €738,599 | €705,529 | -€33,071 | -4.5% |
| Contributions | 10/11 | €26,368 | €26,368 | = | 0.0% |
| Contributions outside capital | 11 | €26,368 | €26,368 | = | 0.0% |
| Share premium | 1100/10 | €8,388 | €8,388 | = | 0.0% |
| Other | 1109/19 | €17,980 | €17,980 | = | 0.0% |
| Reserves | 13 | €712,231 | €679,161 | -€33,071 | -4.6% |
| Distributable reserves | 133 | €712,231 | €679,161 | -€33,071 | -4.6% |
| Amounts payable | 17/49 | €59,787 | €73,202 | +€13,415 | +22.4% |
| Amounts payable within one year | 42/48 | €59,787 | €68,202 | +€8,415 | +14.1% |
| Trade debts | 44 | €27,719 | €29,736 | +€2,017 | +7.3% |
| Suppliers | 440/4 | €27,719 | €29,736 | +€2,017 | +7.3% |
| Taxes, remuneration and social security | 45 | €32,068 | €38,466 | +€6,398 | +20.0% |
| Taxes | 450/3 | €10,084 | €17,108 | +€7,023 | +69.6% |
| Remuneration and social security | 454/9 | €21,983 | €21,358 | -€625 | -2.8% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €199,394 | €195,759 | -€3,636 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,890 | €27,938 | +€48 | +0.2% |
| Other operating charges | 640/8 | €3,771 | €13,726 | +€9,955 | +264% |
| Gross operating margin | 9900 | €204,657 | €185,947 | -€18,709 | -9.1% |
| Operating profit (loss) | 9901 | -€26,399 | -€51,476 | -€25,077 | -95.0% |
| Financial income | 75/76B | €4,793 | €18,959 | +€14,166 | +296% |
| Recurring financial income | 75 | €4,793 | €18,959 | +€14,166 | +296% |
| Financial charges | 65/66B | €418 | €223 | -€195 | -46.6% |
| Recurring financial charges | 65 | €418 | €223 | -€195 | -46.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,024 | -€32,741 | -€10,716 | -48.7% |
| Income taxes | 67/77 | €3,566 | €330 | -€3,236 | -90.7% |
| Profit (loss) for the period | 9904 | -€25,591 | -€33,071 | -€7,480 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,591 | -€33,071 | -€7,480 | -29.2% |
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 26 October 2026 via checked.be.