Q-Calls: 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-Calls
Largest movements
- Cash +€79,878
up €79,878 (+132%), from €60,555 to €140,433
mainly Receivables within one year (+€72,389) and Net result for the year (+€25,551)
- Receivables within one year -€72,389
down €72,389 (-31.7%), from €228,310 to €155,921
of which Other amounts receivable: -€49,312
- Tangible fixed assets -€9,630
down €9,630 (-25.8%), from €37,369 to €27,739
of which Furniture and vehicles: -€9,160
- Deferred charges and accrued income +€4,094
up €4,094 (+1,766%), from €232 to €4,326
- Tax, wage and social debts -€44,216
down €44,216 (-31.2%), from €141,690 to €97,475
of which Taxes: -€34,886
- Profit (loss) carried forward +€25,551
up €25,551 (+459%), from €5,565 to €31,116
- Trade debts +€19,765
up €19,765 (+908%), from €2,177 to €21,942
- Gross operating margin +€65,684
up €65,684 (+14.2%), from €462,346 to €528,030
- Staff costs -€7,274
down €7,274 (-1.5%), from €495,690 to €488,417
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 | €328,366 | €330,319 | +€1,953 | +0.6% |
| Fixed assets | 21/28 | €39,269 | €29,639 | -€9,630 | -24.5% |
| Tangible fixed assets | 22/27 | €37,369 | €27,739 | -€9,630 | -25.8% |
| Plant, machinery and equipment | 23 | €681 | €211 | -€470 | -69.0% |
| Furniture and vehicles | 24 | €36,688 | €27,528 | -€9,160 | -25.0% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €289,097 | €300,680 | +€11,583 | +4.0% |
| Amounts receivable within one year | 40/41 | €228,310 | €155,921 | -€72,389 | -31.7% |
| Trade receivables | 40 | €140,707 | €117,630 | -€23,077 | -16.4% |
| Other amounts receivable | 41 | €87,604 | €38,292 | -€49,312 | -56.3% |
| Cash at bank and in hand | 54/58 | €60,555 | €140,433 | +€79,878 | +132% |
| Deferred charges and accrued income | 490/1 | €232 | €4,326 | +€4,094 | +1,766% |
| Total equity and liabilities | 10/49 | €328,366 | €330,319 | +€1,953 | +0.6% |
| Equity | 10/15 | €65,565 | €91,116 | +€25,551 | +39.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Issued capital | 100 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,565 | €31,116 | +€25,551 | +459% |
| Amounts payable | 17/49 | €262,801 | €239,203 | -€23,598 | -9.0% |
| Amounts payable within one year | 42/48 | €262,801 | €238,350 | -€24,451 | -9.3% |
| Trade debts | 44 | €2,177 | €21,942 | +€19,765 | +908% |
| Suppliers | 440/4 | €2,177 | €21,942 | +€19,765 | +908% |
| Advances received on contracts in progress | 46 | €76,433 | €76,433 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €141,690 | €97,475 | -€44,216 | -31.2% |
| Taxes | 450/3 | €55,900 | €21,014 | -€34,886 | -62.4% |
| Remuneration and social security | 454/9 | €85,790 | €76,460 | -€9,330 | -10.9% |
| Other amounts payable | 47/48 | €42,500 | €42,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €853 | +€853 | |
| Remuneration, social security and pensions | 62 | €495,690 | €488,417 | -€7,274 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,573 | €11,906 | -€668 | -5.3% |
| Other operating charges | 640/8 | €1,822 | €444 | -€1,378 | -75.6% |
| Gross operating margin | 9900 | €462,346 | €528,030 | +€65,684 | +14.2% |
| Operating profit (loss) | 9901 | -€47,739 | €27,264 | +€75,003 | |
| Financial income | 75/76B | €4,092 | €2,181 | -€1,911 | -46.7% |
| Recurring financial income | 75 | €4,092 | €2,181 | -€1,911 | -46.7% |
| Financial charges | 65/66B | €977 | €123 | -€854 | -87.5% |
| Recurring financial charges | 65 | €977 | €123 | -€854 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | -€44,623 | €29,322 | +€73,946 | |
| Income taxes | 67/77 | €159 | €3,771 | +€3,613 | +2,277% |
| Profit (loss) for the period | 9904 | -€44,782 | €25,551 | +€70,333 | |
| Profit (loss) for the period to be appropriated | 9905 | -€44,782 | €25,551 | +€70,333 |
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 24 October 2026 via checked.be.