Q & B BEHEER BVBA: what changed
Q & B BEHEER BVBA
Largest movements
- Cash +€1.3m
up €1.3m (+405%), from €324,097 to €1.6m
mainly Receivables within one year (+€1.1m) and Net result for the year (+€227,724)
- Receivables within one year -€1.1m
down €1.1m (-70.4%), from €1.5m to €444,211
- Tangible fixed assets -€25,404
down €25,404 (-26.9%), from €94,508 to €69,104
- Reserves +€227,724
up €227,724 (+11.3%), from €2.0m to €2.2m
of which Distributable reserves: +€227,724
- Gross operating margin -€255,567
down €255,567 (-42.1%), from €606,958 to €351,392
- Taxes -€86,352
down €86,352 (-45.7%), from €188,995 to €102,643
- Financial income -€38,415
down €38,415 (-77.1%), from €49,857 to €11,442
- Financial charges -€18,256
down €18,256 (-86.5%), from €21,108 to €2,853
of which Non-recurring financial charges: -€15,375
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,300,080 | €2,533,570 | +€233,489 | +10.2% |
| Fixed assets | 21/28 | €474,083 | €448,679 | -€25,404 | -5.4% |
| Tangible fixed assets | 22/27 | €94,508 | €69,104 | -€25,404 | -26.9% |
| Furniture and vehicles | 24 | €94,508 | €69,104 | -€25,404 | -26.9% |
| Financial fixed assets | 28 | €379,575 | €379,575 | = | 0.0% |
| Current assets | 29/58 | €1,825,998 | €2,084,891 | +€258,893 | +14.2% |
| Amounts receivable within one year | 40/41 | €1,499,139 | €444,211 | -€1.1m | -70.4% |
| Other amounts receivable | 41 | €1,499,139 | €444,211 | -€1.1m | -70.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €324,097 | €1,637,786 | +€1.3m | +405% |
| Deferred charges and accrued income | 490/1 | €2,762 | €2,894 | +€132 | +4.8% |
| Total equity and liabilities | 10/49 | €2,300,080 | €2,533,570 | +€233,489 | +10.2% |
| Equity | 10/15 | €2,238,298 | €2,466,022 | +€227,724 | +10.2% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €2,018,298 | €2,246,022 | +€227,724 | +11.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,018,298 | €2,246,022 | +€227,724 | +11.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €61,782 | €67,547 | +€5,765 | +9.3% |
| Amounts payable within one year | 42/48 | €61,385 | €67,547 | +€6,162 | +10.0% |
| Trade debts | 44 | €3,591 | €2,499 | -€1,092 | -30.4% |
| Suppliers | 440/4 | €3,591 | €2,499 | -€1,092 | -30.4% |
| Advances received on contracts in progress | 46 | - | €14,000 | +€14,000 | |
| Taxes, remuneration and social security | 45 | €34,058 | €26,974 | -€7,085 | -20.8% |
| Taxes | 450/3 | €34,058 | €26,974 | -€7,085 | -20.8% |
| Other amounts payable | 47/48 | €23,736 | €24,074 | +€338 | +1.4% |
| Accrued charges and deferred income | 492/3 | €397 | €0 | -€396 | -100.0% |
| Non-recurring operating income | 76A | €0 | €3,788 | +€3,788 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,319 | €25,404 | -€916 | -3.5% |
| Other operating charges | 640/8 | €3,057 | €4,210 | +€1,152 | +37.7% |
| Gross operating margin | 9900 | €606,958 | €351,392 | -€255,567 | -42.1% |
| Operating profit (loss) | 9901 | €577,582 | €321,778 | -€255,803 | -44.3% |
| Financial income | 75/76B | €49,857 | €11,442 | -€38,415 | -77.1% |
| Recurring financial income | 75 | €49,857 | €11,442 | -€38,415 | -77.1% |
| Financial charges | 65/66B | €21,108 | €2,853 | -€18,256 | -86.5% |
| Recurring financial charges | 65 | €5,733 | €2,853 | -€2,881 | -50.2% |
| Non-recurring financial charges | 66B | €15,375 | €0 | -€15,375 | -100% |
| Profit (loss) for the period before taxes | 9903 | €606,330 | €330,367 | -€275,963 | -45.5% |
| Income taxes | 67/77 | €188,995 | €102,643 | -€86,352 | -45.7% |
| Profit (loss) for the period | 9904 | €417,336 | €227,724 | -€189,611 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €417,336 | €227,724 | -€189,611 | -45.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.