Q-BIEK: 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.
Q-BIEK
Largest movements
- Tangible fixed assets +€24,919
up €24,919 (+8,854%), from €281 to €25,200
- Receivables within one year +€20,443
up €20,443 (+133%), from €15,363 to €35,806
of which Trade receivables: +€21,106
- Cash -€13,317
down €13,317 (-17.0%), from €78,386 to €65,070
mainly Investment in fixed assets (net) (-€28,250) and Receivables within one year (-€20,443)
- Reserves +€24,416
up €24,416 (+30.7%), from €79,580 to €103,996
- Tax, wage and social debts +€4,193
up €4,193 (+32.4%), from €12,927 to €17,120
of which Remuneration and social security: +€3,050
- Other debts +€3,591
new in 2025: €3,591
- Depreciation +€2,637
up €2,637 (+380%), from €694 to €3,331
- Gross operating margin +€1,478
up €1,478 (+3.0%), from €48,608 to €50,086
- Taxes -€718
down €718 (-7.2%), from €10,036 to €9,318
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 | €94,814 | €126,801 | +€31,987 | +33.7% |
| Fixed assets | 21/28 | €281 | €25,200 | +€24,919 | +8,854% |
| Tangible fixed assets | 22/27 | €281 | €25,200 | +€24,919 | +8,854% |
| Furniture and vehicles | 24 | €281 | €25,200 | +€24,919 | +8,854% |
| Current assets | 29/58 | €94,532 | €101,600 | +€7,068 | +7.5% |
| Amounts receivable within one year | 40/41 | €15,363 | €35,806 | +€20,443 | +133% |
| Trade receivables | 40 | €12,017 | €33,124 | +€21,106 | +176% |
| Other amounts receivable | 41 | €3,345 | €2,682 | -€663 | -19.8% |
| Cash at bank and in hand | 54/58 | €78,386 | €65,070 | -€13,317 | -17.0% |
| Deferred charges and accrued income | 490/1 | €783 | €725 | -€58 | -7.4% |
| Total equity and liabilities | 10/49 | €94,814 | €126,801 | +€31,987 | +33.7% |
| Equity | 10/15 | €81,580 | €105,996 | +€24,416 | +29.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €79,580 | €103,996 | +€24,416 | +30.7% |
| Distributable reserves | 133 | €79,580 | €103,996 | +€24,416 | +30.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €13,234 | €20,805 | +€7,571 | +57.2% |
| Amounts payable within one year | 42/48 | €13,234 | €20,805 | +€7,571 | +57.2% |
| Trade debts | 44 | €307 | €94 | -€213 | -69.4% |
| Suppliers | 440/4 | €307 | €94 | -€213 | -69.4% |
| Taxes, remuneration and social security | 45 | €12,927 | €17,120 | +€4,193 | +32.4% |
| Taxes | 450/3 | €12,927 | €14,070 | +€1,143 | +8.8% |
| Remuneration and social security | 454/9 | €0 | €3,050 | +€3,050 | |
| Other amounts payable | 47/48 | - | €3,591 | +€3,591 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €694 | €3,331 | +€2,637 | +380% |
| Other operating charges | 640/8 | €922 | €982 | +€61 | +6.6% |
| Gross operating margin | 9900 | €48,608 | €50,086 | +€1,478 | +3.0% |
| Operating profit (loss) | 9901 | €46,993 | €45,773 | -€1,220 | -2.6% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100% |
| Financial charges | 65/66B | €242 | €239 | -€3 | -1.2% |
| Recurring financial charges | 65 | €242 | €239 | -€3 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €46,774 | €45,534 | -€1,240 | -2.7% |
| Income taxes | 67/77 | €10,036 | €9,318 | -€718 | -7.2% |
| Profit (loss) for the period | 9904 | €36,738 | €36,216 | -€522 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,738 | €36,216 | -€522 | -1.4% |
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 18 October 2026 via checked.be.