Kwaliteitswerken: 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.
Kwaliteitswerken
Largest movements
- Cash +€34,412
up €34,412 (+484%), from €7,108 to €41,520
mainly Net result for the year (+€33,035) and Trade debts (+€28,402)
- Receivables within one year -€12,670
down €12,670 (-8.6%), from €146,616 to €133,946
of which Trade receivables: -€32,669
- Financial fixed assets +€4,000
up €4,000 (+110%), from €3,650 to €7,650
- Profit (loss) carried forward +€33,035
up €33,035, from -€46 to €32,989
- Trade debts +€28,402
up €28,402 (+28.0%), from €101,271 to €129,673
- Tax, wage and social debts -€22,034
down €22,034 (-63.3%), from €34,834 to €12,800
of which Remuneration and social security: -€33,353
- Other debts -€12,697
down €12,697 (-59.8%), from €21,215 to €8,518
- Gross operating margin +€46,918
up €46,918 (+74,120%), from €63 to €46,981
- Taxes +€12,800
new in 2025: €12,800
- Financial charges +€485
up €485 (+444%), from €109 to €594
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 | €157,374 | €184,080 | +€26,707 | +17.0% |
| Fixed assets | 21/28 | €3,650 | €8,614 | +€4,964 | +136% |
| Tangible fixed assets | 22/27 | - | €964 | +€964 | |
| Furniture and vehicles | 24 | - | €964 | +€964 | |
| Financial fixed assets | 28 | €3,650 | €7,650 | +€4,000 | +110% |
| Current assets | 29/58 | €153,724 | €175,466 | +€21,743 | +14.1% |
| Amounts receivable within one year | 40/41 | €146,616 | €133,946 | -€12,670 | -8.6% |
| Trade receivables | 40 | €145,325 | €112,656 | -€32,669 | -22.5% |
| Other amounts receivable | 41 | €1,290 | €21,290 | +€19,999 | +1,550% |
| Cash at bank and in hand | 54/58 | €7,108 | €41,520 | +€34,412 | +484% |
| Total equity and liabilities | 10/49 | €157,374 | €184,080 | +€26,707 | +17.0% |
| Equity | 10/15 | €54 | €33,089 | +€33,035 | +61,154% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46 | €32,989 | +€33,035 | |
| Amounts payable | 17/49 | €157,320 | €150,991 | -€6,329 | -4.0% |
| Amounts payable within one year | 42/48 | €157,320 | €150,991 | -€6,329 | -4.0% |
| Trade debts | 44 | €101,271 | €129,673 | +€28,402 | +28.0% |
| Suppliers | 440/4 | €101,271 | €129,673 | +€28,402 | +28.0% |
| Taxes, remuneration and social security | 45 | €34,834 | €12,800 | -€22,034 | -63.3% |
| Taxes | 450/3 | €1,481 | €12,800 | +€11,319 | +764% |
| Remuneration and social security | 454/9 | €33,353 | - | -€33,353 | |
| Other amounts payable | 47/48 | €21,215 | €8,518 | -€12,697 | -59.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €165 | +€165 | |
| Other operating charges | 640/8 | - | €387 | +€387 | |
| Gross operating margin | 9900 | €63 | €46,981 | +€46,918 | +74,120% |
| Operating profit (loss) | 9901 | €63 | €46,429 | +€46,366 | +73,247% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €109 | €594 | +€485 | +444% |
| Recurring financial charges | 65 | €109 | €594 | +€485 | +444% |
| Profit (loss) for the period before taxes | 9903 | -€46 | €45,835 | +€45,881 | |
| Income taxes | 67/77 | - | €12,800 | +€12,800 | |
| Profit (loss) for the period | 9904 | -€46 | €33,035 | +€33,081 | |
| Profit (loss) for the period to be appropriated | 9905 | -€46 | €33,035 | +€33,081 |
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 26 October 2026 via checked.be.