JQ SOLUTIONS: 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.
JQ SOLUTIONS
Largest movements
- Receivables within one year -€536,677
down €536,677 (-95.1%), from €564,037 to €27,360
of which Other amounts receivable: -€510,427
- Current investments +€456,560
up €456,560 (+59.2%), from €771,264 to €1.2m
- Cash +€38,351
up €38,351 (+51.7%), from €74,215 to €112,565
mainly Receivables within one year (+€536,677) and Net result for the year (+€213,569)
- Reserves +€213,530
up €213,530 (+18.9%), from €1.1m to €1.3m
- Other debts -€208,432
down €208,432 (-34.4%), from €606,467 to €398,035
- Financial income -€96,709
down €96,709 (-34.7%), from €278,319 to €181,610
- Gross operating margin -€63,064
down €63,064 (-35.2%), from €179,334 to €116,270
- Taxes -€29,990
down €29,990 (-38.0%), from €78,894 to €48,905
- Depreciation +€2,723
up €2,723 (+258.2%), from €1,055 to €3,778
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.
Cash bridge derived
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 | €3,170,716 | €3,144,470 | -€26,246 | -0.8% |
| Fixed assets | 21/28 | €1,749,436 | €1,775,296 | +€25,860 | +1.5% |
| Tangible fixed assets | 22/27 | €2,936 | €28,796 | +€25,860 | +880.7% |
| Furniture and vehicles | 24 | €2,936 | €28,796 | +€25,860 | +880.7% |
| Financial fixed assets | 28 | €1,746,500 | €1,746,500 | = | 0.0% |
| Current assets | 29/58 | €1,421,280 | €1,369,174 | -€52,105 | -3.7% |
| Amounts receivable within one year | 40/41 | €564,037 | €27,360 | -€536,677 | -95.1% |
| Trade receivables | 40 | €38,350 | €12,100 | -€26,250 | -68.4% |
| Other amounts receivable | 41 | €525,687 | €15,260 | -€510,427 | -97.1% |
| Current investments | 50/53 | €771,264 | €1,227,824 | +€456,560 | +59.2% |
| Cash at bank and in hand | 54/58 | €74,215 | €112,565 | +€38,351 | +51.7% |
| Deferred charges and accrued income | 490/1 | €11,764 | €1,425 | -€10,339 | -87.9% |
| Total equity and liabilities | 10/49 | €3,170,716 | €3,144,470 | -€26,246 | -0.8% |
| Equity | 10/15 | €2,479,749 | €2,691,653 | +€211,903 | +8.5% |
| Contributions | 10/11 | €1,348,600 | €1,348,600 | = | 0.0% |
| Reserves | 13 | €1,129,523 | €1,343,053 | +€213,530 | +18.9% |
| Distributable reserves | 133 | €1,129,523 | €1,343,053 | +€213,530 | +18.9% |
| Profit (loss) carried forward | 14 | €1,627 | - | -€1,627 | |
| Amounts payable | 17/49 | €690,966 | €452,817 | -€238,149 | -34.5% |
| Amounts payable within one year | 42/48 | €662,843 | €423,125 | -€239,718 | -36.2% |
| Trade debts | 44 | €5,175 | €3,365 | -€1,810 | -35.0% |
| Suppliers | 440/4 | €5,175 | €3,365 | -€1,810 | -35.0% |
| Taxes, remuneration and social security | 45 | €51,202 | €21,726 | -€29,476 | -57.6% |
| Taxes | 450/3 | €51,202 | €21,726 | -€29,476 | -57.6% |
| Other amounts payable | 47/48 | €606,467 | €398,035 | -€208,432 | -34.4% |
| Accrued charges and deferred income | 492/3 | €28,123 | €29,692 | +€1,569 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €3,778 | +€2,723 | +258.2% |
| Other operating charges | 640/8 | €1,083 | €1,242 | +€160 | +14.7% |
| Gross operating margin | 9900 | €179,334 | €116,270 | -€63,064 | -35.2% |
| Operating profit (loss) | 9901 | €177,197 | €111,250 | -€65,947 | -37.2% |
| Financial income | 75/76B | €278,319 | €181,610 | -€96,709 | -34.7% |
| Recurring financial income | 75 | €278,319 | €181,610 | -€96,709 | -34.7% |
| Financial charges | 65/66B | €29,345 | €30,386 | +€1,041 | +3.5% |
| Recurring financial charges | 65 | €29,345 | €30,386 | +€1,041 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €426,171 | €262,474 | -€163,697 | -38.4% |
| Income taxes | 67/77 | €78,894 | €48,905 | -€29,990 | -38.0% |
| Profit (loss) for the period | 9904 | €347,276 | €213,569 | -€133,707 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €347,276 | €213,569 | -€133,707 | -38.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.