KWALITIJD: what changed
Two fiscal 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.
KWALITIJD
Largest movements
- Cash -€3,431
down €3,431 (-40.8%), from €8,411 to €4,980
mainly Net result for the year (-€9,585) and Trade debts (-€283)
- Stocks and contracts -€870
down €870 (-34.7%), from €2,510 to €1,640
- Receivables within one year -€567
down €567 (-50.1%), from €1,131 to €564
of which Trade receivables: -€876
- Profit (loss) carried forward -€9,585
down €9,585 (-6.9%), from -€138,276 to -€147,861
- Other debts +€5,000
up €5,000 (+4.3%), from €115,100 to €120,100
- Trade debts -€283
down €283 (-100.0%), from €283 to €0
- Gross operating margin -€5,556
down €5,556 (-301.8%), from -€1,841 to -€7,397
- Other operating charges +€218
up €218 (+11.6%), from €1,877 to €2,095
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 | €13,900 | €9,031 | -€4,869 | -35.0% |
| Current assets | 29/58 | €13,900 | €9,031 | -€4,869 | -35.0% |
| Stocks and contracts in progress | 3 | €2,510 | €1,640 | -€870 | -34.7% |
| Stocks | 30/36 | €2,510 | €1,640 | -€870 | -34.7% |
| Amounts receivable within one year | 40/41 | €1,131 | €564 | -€567 | -50.1% |
| Trade receivables | 40 | €920 | €45 | -€876 | -95.2% |
| Other amounts receivable | 41 | €210 | €519 | +€309 | +146.8% |
| Cash at bank and in hand | 54/58 | €8,411 | €4,980 | -€3,431 | -40.8% |
| Deferred charges and accrued income | 490/1 | €1,849 | €1,847 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €13,900 | €9,031 | -€4,869 | -35.0% |
| Equity | 10/15 | -€101,484 | -€111,069 | -€9,585 | -9.4% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €792 | €792 | = | 0.0% |
| Distributable reserves | 133 | €792 | €792 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€138,276 | -€147,861 | -€9,585 | -6.9% |
| Amounts payable | 17/49 | €115,383 | €120,100 | +€4,717 | +4.1% |
| Amounts payable within one year | 42/48 | €115,383 | €120,100 | +€4,717 | +4.1% |
| Trade debts | 44 | €283 | €0 | -€283 | -100.0% |
| Suppliers | 440/4 | €283 | €0 | -€283 | -100.0% |
| Other amounts payable | 47/48 | €115,100 | €120,100 | +€5,000 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,877 | €2,095 | +€218 | +11.6% |
| Gross operating margin | 9900 | -€1,841 | -€7,397 | -€5,556 | -301.8% |
| Operating profit (loss) | 9901 | -€3,718 | -€9,492 | -€5,774 | -155.3% |
| Financial charges | 65/66B | €93 | €93 | = | 0.0% |
| Recurring financial charges | 65 | €93 | €93 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,811 | -€9,585 | -€5,774 | -151.5% |
| Profit (loss) for the period | 9904 | -€3,811 | -€9,585 | -€5,774 | -151.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,811 | -€9,585 | -€5,774 | -151.5% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.