nonQs management: 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.
nonQs management
Largest movements
- Current investments +€347,094
up €347,094 (+41.7%), from €832,942 to €1.2m
- Receivables within one year -€120,254
down €120,254 (-70.3%), from €171,147 to €50,894
of which Trade receivables: -€120,447
- Cash +€23,104
up €23,104 (+8.0%), from €288,593 to €311,697
mainly Net result for the year (+€276,741) and Receivables within one year (+€120,254)
- Reserves +€170,741
up €170,741 (+16.9%), from €1.0m to €1.2m
- Tax, wage and social debts +€77,164
up €77,164 (+24.9%), from €309,579 to €386,743
of which Taxes: +€77,164
- Gross operating margin -€120,504
down €120,504 (-25.1%), from €480,107 to €359,603
- Taxes -€27,667
down €27,667 (-25.0%), from €110,697 to €83,030
- Financial income +€9,213
up €9,213 (+402%), from €2,294 to €11,507
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 | €1,326,356 | €1,571,383 | +€245,027 | +18.5% |
| Fixed assets | 21/28 | €29,287 | €25,948 | -€3,339 | -11.4% |
| Tangible fixed assets | 22/27 | €29,287 | €25,948 | -€3,339 | -11.4% |
| Plant, machinery and equipment | 23 | €2,070 | €1,839 | -€231 | -11.2% |
| Furniture and vehicles | 24 | €27,218 | €24,109 | -€3,108 | -11.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,297,069 | €1,545,435 | +€248,366 | +19.1% |
| Amounts receivable within one year | 40/41 | €171,147 | €50,894 | -€120,254 | -70.3% |
| Trade receivables | 40 | €167,735 | €47,288 | -€120,447 | -71.8% |
| Other amounts receivable | 41 | €3,413 | €3,606 | +€193 | +5.7% |
| Current investments | 50/53 | €832,942 | €1,180,036 | +€347,094 | +41.7% |
| Cash at bank and in hand | 54/58 | €288,593 | €311,697 | +€23,104 | +8.0% |
| Deferred charges and accrued income | 490/1 | €4,387 | €2,808 | -€1,579 | -36.0% |
| Total equity and liabilities | 10/49 | €1,326,356 | €1,571,383 | +€245,027 | +18.5% |
| Equity | 10/15 | €1,013,040 | €1,183,780 | +€170,741 | +16.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,008,040 | €1,178,780 | +€170,741 | +16.9% |
| Distributable reserves | 133 | €1,008,040 | €1,178,780 | +€170,741 | +16.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €313,317 | €387,603 | +€74,286 | +23.7% |
| Amounts payable within one year | 42/48 | €313,317 | €387,349 | +€74,033 | +23.6% |
| Trade debts | 44 | €3,737 | €153 | -€3,584 | -95.9% |
| Suppliers | 440/4 | €3,737 | €153 | -€3,584 | -95.9% |
| Taxes, remuneration and social security | 45 | €309,579 | €386,743 | +€77,164 | +24.9% |
| Taxes | 450/3 | €309,579 | €386,743 | +€77,164 | +24.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €453 | +€453 | |
| Accrued charges and deferred income | 492/3 | €0 | €254 | +€254 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,021 | €3,339 | +€1,318 | +65.2% |
| Other operating charges | 640/8 | €2,527 | €3,108 | +€581 | +23.0% |
| Gross operating margin | 9900 | €480,107 | €359,603 | -€120,504 | -25.1% |
| Operating profit (loss) | 9901 | €475,559 | €353,155 | -€122,404 | -25.7% |
| Financial income | 75/76B | €2,294 | €11,507 | +€9,213 | +402% |
| Recurring financial income | 75 | €2,294 | €11,507 | +€9,213 | +402% |
| Financial charges | 65/66B | €4,186 | €4,891 | +€705 | +16.9% |
| Recurring financial charges | 65 | €4,186 | €4,891 | +€705 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €473,668 | €359,771 | -€113,896 | -24.0% |
| Income taxes | 67/77 | €110,697 | €83,030 | -€27,667 | -25.0% |
| Profit (loss) for the period | 9904 | €362,970 | €276,741 | -€86,230 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €362,970 | €276,741 | -€86,230 | -23.8% |
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 22 October 2026 via checked.be.