Q-BE: 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.
Q-BE
Largest movements
- Receivables within one year +€18,400
up €18,400 (+122.0%), from €15,087 to €33,486
of which Trade receivables: +€18,412
- Tangible fixed assets -€16,375
down €16,375 (-57.1%), from €28,655 to €12,280
of which Furniture and vehicles: -€16,210
- Cash -€10,918
down €10,918 (-17.1%), from €64,030 to €53,112
mainly Receivables within one year (-€18,400) and Current portion of long-term debt (-€8,587)
- Deferred charges and accrued income -€4,375
down €4,375 (-66.8%), from €6,545 to €2,170
- Other debts +€9,651
up €9,651 (+399.4%), from €2,417 to €12,067
- Current portion of long-term debt -€8,587
no longer reported in 2025 (was €8,587)
- Reserves -€8,500
down €8,500 (-22.3%), from €38,120 to €29,620
- Profit (loss) carried forward -€6,888
down €6,888 (-23.8%), from €28,942 to €22,053
- Accrued charges and deferred income -€6,797
no longer reported in 2025 (was €6,797)
- Gross operating margin +€6,082
up €6,082 (+87.8%), from €6,926 to €13,008
- Depreciation -€1,674
down €1,674 (-8.8%), from €19,040 to €17,366
- Other operating charges -€205
down €205 (-11.5%), from €1,784 to €1,579
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 | €114,317 | €101,048 | -€13,268 | -11.6% |
| Fixed assets | 21/28 | €28,655 | €12,280 | -€16,375 | -57.1% |
| Tangible fixed assets | 22/27 | €28,655 | €12,280 | -€16,375 | -57.1% |
| Plant, machinery and equipment | 23 | €165 | - | -€165 | |
| Furniture and vehicles | 24 | €28,490 | €12,280 | -€16,210 | -56.9% |
| Current assets | 29/58 | €85,662 | €88,769 | +€3,107 | +3.6% |
| Amounts receivable within one year | 40/41 | €15,087 | €33,486 | +€18,400 | +122.0% |
| Trade receivables | 40 | €15,074 | €33,486 | +€18,412 | +122.1% |
| Other amounts receivable | 41 | €13 | - | -€13 | |
| Cash at bank and in hand | 54/58 | €64,030 | €53,112 | -€10,918 | -17.1% |
| Deferred charges and accrued income | 490/1 | €6,545 | €2,170 | -€4,375 | -66.8% |
| Total equity and liabilities | 10/49 | €114,317 | €101,048 | -€13,268 | -11.6% |
| Equity | 10/15 | €73,261 | €57,873 | -€15,388 | -21.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,120 | €29,620 | -€8,500 | -22.3% |
| Distributable reserves | 133 | €38,120 | €29,620 | -€8,500 | -22.3% |
| Profit (loss) carried forward | 14 | €28,942 | €22,053 | -€6,888 | -23.8% |
| Amounts payable | 17/49 | €41,055 | €43,175 | +€2,120 | +5.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €34,258 | €43,175 | +€8,917 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €8,587 | - | -€8,587 | |
| Trade debts | 44 | €6,474 | €7,693 | +€1,219 | +18.8% |
| Suppliers | 440/4 | €6,474 | €7,693 | +€1,219 | +18.8% |
| Taxes, remuneration and social security | 45 | €16,780 | €23,415 | +€6,635 | +39.5% |
| Taxes | 450/3 | €16,780 | €17,115 | +€335 | +2.0% |
| Remuneration and social security | 454/9 | - | €6,300 | +€6,300 | |
| Other amounts payable | 47/48 | €2,417 | €12,067 | +€9,651 | +399.4% |
| Accrued charges and deferred income | 492/3 | €6,797 | - | -€6,797 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,040 | €17,366 | -€1,674 | -8.8% |
| Other operating charges | 640/8 | €1,784 | €1,579 | -€205 | -11.5% |
| Gross operating margin | 9900 | €6,926 | €13,008 | +€6,082 | +87.8% |
| Operating profit (loss) | 9901 | -€13,898 | -€5,936 | +€7,962 | +57.3% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €706 | €586 | -€120 | -17.0% |
| Recurring financial charges | 65 | €706 | €586 | -€120 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,604 | -€6,512 | +€8,092 | +55.4% |
| Income taxes | 67/77 | €382 | €376 | -€6 | -1.5% |
| Profit (loss) for the period | 9904 | -€14,986 | -€6,888 | +€8,097 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,986 | -€6,888 | +€8,097 | +54.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.