Q-BIK IMMO: 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-BIK IMMO
Largest movements
- Cash -€93,467
down €93,467 (-22.6%), from €413,632 to €320,165
mainly Contributions, distributions and other (-€67,204) and Tax, wage and social debts (-€52,570)
- Receivables within one year +€14,361
up €14,361 (+79.8%), from €18,000 to €32,361
of which Other amounts receivable: +€10,581
- Tangible fixed assets -€6,132
down €6,132 (-3.5%), from €172,743 to €166,611
- Tax, wage and social debts -€52,570
down €52,570 (-94.2%), from €55,823 to €3,252
- Trade debts -€17,546
down €17,546 (-42.7%), from €41,083 to €23,537
- Reserves -€14,046
down €14,046 (-3.1%), from €451,169 to €437,123
- Debts after one year -€7,182
down €7,182 (-24.9%), from €28,837 to €21,655
- Gross operating margin -€116,161
down €116,161 (-47.9%), from €242,366 to €126,205
- Taxes -€37,911
down €37,911 (-50.2%), from €75,463 to €37,552
- Other operating charges +€29,620
up €29,620 (+1,149%), from €2,578 to €32,198
- Financial income +€4,006
new in 2025: €4,006
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 | €604,375 | €519,140 | -€85,236 | -14.1% |
| Fixed assets | 21/28 | €172,743 | €166,611 | -€6,132 | -3.5% |
| Tangible fixed assets | 22/27 | €172,743 | €166,611 | -€6,132 | -3.5% |
| Land and buildings | 22 | €172,743 | €166,611 | -€6,132 | -3.5% |
| Current assets | 29/58 | €431,632 | €352,529 | -€79,103 | -18.3% |
| Amounts receivable within one year | 40/41 | €18,000 | €32,361 | +€14,361 | +79.8% |
| Trade receivables | 40 | €18,000 | €21,780 | +€3,780 | +21.0% |
| Other amounts receivable | 41 | - | €10,581 | +€10,581 | |
| Cash at bank and in hand | 54/58 | €413,632 | €320,165 | -€93,467 | -22.6% |
| Deferred charges and accrued income | 490/1 | - | €2 | +€2 | |
| Total equity and liabilities | 10/49 | €604,375 | €519,140 | -€85,236 | -14.1% |
| Equity | 10/15 | €469,769 | €455,723 | -€14,046 | -3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €451,169 | €437,123 | -€14,046 | -3.1% |
| Distributable reserves | 133 | €451,169 | €437,123 | -€14,046 | -3.1% |
| Amounts payable | 17/49 | €134,607 | €63,417 | -€71,190 | -52.9% |
| Amounts payable after more than one year | 17 | €28,837 | €21,655 | -€7,182 | -24.9% |
| Financial debts | 170/4 | €28,837 | €21,655 | -€7,182 | -24.9% |
| Amounts payable within one year | 42/48 | €105,770 | €41,762 | -€64,008 | -60.5% |
| Current portion of amounts payable after more than one year | 42 | €6,739 | €7,182 | +€443 | +6.6% |
| Trade debts | 44 | €41,083 | €23,537 | -€17,546 | -42.7% |
| Suppliers | 440/4 | €41,083 | €23,537 | -€17,546 | -42.7% |
| Taxes, remuneration and social security | 45 | €55,823 | €3,252 | -€52,570 | -94.2% |
| Taxes | 450/3 | €55,823 | €3,252 | -€52,570 | -94.2% |
| Other amounts payable | 47/48 | €2,125 | €7,791 | +€5,666 | +267% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,132 | €6,132 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,578 | €32,198 | +€29,620 | +1,149% |
| Gross operating margin | 9900 | €242,366 | €126,205 | -€116,161 | -47.9% |
| Operating profit (loss) | 9901 | €233,655 | €87,874 | -€145,781 | -62.4% |
| Financial income | 75/76B | - | €4,006 | +€4,006 | |
| Recurring financial income | 75 | - | €4,006 | +€4,006 | |
| Financial charges | 65/66B | €1,147 | €1,171 | +€24 | +2.1% |
| Recurring financial charges | 65 | €1,147 | €1,171 | +€24 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €232,508 | €90,710 | -€141,798 | -61.0% |
| Income taxes | 67/77 | €75,463 | €37,552 | -€37,911 | -50.2% |
| Profit (loss) for the period | 9904 | €157,045 | €53,158 | -€103,888 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €157,045 | €53,158 | -€103,888 | -66.2% |
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 15 October 2026 via checked.be.