Q-CONSULTING: 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-CONSULTING
Largest movements
- Receivables within one year -€156,530
down €156,530 (-29.1%), from €538,537 to €382,007
of which Other amounts receivable: -€258,958
- Tangible fixed assets +€103,930
up €103,930 (+89.8%), from €115,751 to €219,682
of which Land and buildings: +€105,110
- Cash +€70,833
up €70,833 (+24.1%), from €294,429 to €365,262
mainly Receivables within one year (+€156,530) and Net result for the year (+€124,680)
- Debts after one year +€44,050
up €44,050 (+10.0%), from €440,390 to €484,440
- Trade debts -€17,916
down €17,916 (-32.8%), from €54,626 to €36,710
- Gross operating margin +€32,522
up €32,522 (+20.2%), from €160,948 to €193,471
- Other operating charges -€14,680
no longer reported in 2025 (was €14,680)
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 | €956,378 | €975,663 | +€19,285 | +2.0% |
| Fixed assets | 21/28 | €120,751 | €224,682 | +€103,930 | +86.1% |
| Tangible fixed assets | 22/27 | €115,751 | €219,682 | +€103,930 | +89.8% |
| Land and buildings | 22 | €98,586 | €203,697 | +€105,110 | +107% |
| Furniture and vehicles | 24 | €0 | - | -€0 | |
| Other tangible fixed assets | 26 | €17,165 | €15,985 | -€1,180 | -6.9% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €835,626 | €750,981 | -€84,645 | -10.1% |
| Amounts receivable within one year | 40/41 | €538,537 | €382,007 | -€156,530 | -29.1% |
| Trade receivables | 40 | €34,142 | €136,570 | +€102,428 | +300% |
| Other amounts receivable | 41 | €504,395 | €245,437 | -€258,958 | -51.3% |
| Cash at bank and in hand | 54/58 | €294,429 | €365,262 | +€70,833 | +24.1% |
| Deferred charges and accrued income | 490/1 | €2,661 | €3,712 | +€1,051 | +39.5% |
| Total equity and liabilities | 10/49 | €956,378 | €975,663 | +€19,285 | +2.0% |
| Equity | 10/15 | €20,706 | €21,386 | +€680 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246 | €926 | +€680 | +277% |
| Amounts payable | 17/49 | €935,672 | €954,278 | +€18,605 | +2.0% |
| Amounts payable after more than one year | 17 | €440,390 | €484,440 | +€44,050 | +10.0% |
| Financial debts | 170/4 | €440,390 | €484,440 | +€44,050 | +10.0% |
| Amounts payable within one year | 42/48 | €495,283 | €469,407 | -€25,876 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €68,539 | €72,404 | +€3,865 | +5.6% |
| Financial debts | 43 | €30,099 | €30,430 | +€332 | +1.1% |
| Credit institutions | 430/8 | €30,099 | €30,430 | +€332 | +1.1% |
| Trade debts | 44 | €54,626 | €36,710 | -€17,916 | -32.8% |
| Suppliers | 440/4 | €54,626 | €36,710 | -€17,916 | -32.8% |
| Taxes, remuneration and social security | 45 | €31,194 | €23,781 | -€7,413 | -23.8% |
| Taxes | 450/3 | €27,684 | €20,271 | -€7,413 | -26.8% |
| Remuneration and social security | 454/9 | €3,510 | €3,510 | = | 0.0% |
| Other amounts payable | 47/48 | €310,825 | €306,082 | -€4,743 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €430 | +€430 | |
| Non-recurring operating income | 76A | - | €402 | +€402 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,842 | €5,675 | +€833 | +17.2% |
| Other operating charges | 640/8 | €14,680 | - | -€14,680 | |
| Non-recurring operating charges | 66A | €446 | - | -€446 | |
| Gross operating margin | 9900 | €160,948 | €193,471 | +€32,522 | +20.2% |
| Operating profit (loss) | 9901 | €140,980 | €187,796 | +€46,816 | +33.2% |
| Financial income | 75/76B | €4 | €0 | -€4 | -97.9% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -97.9% |
| Financial charges | 65/66B | €22,986 | €22,990 | +€3 | 0.0% |
| Recurring financial charges | 65 | €22,986 | €22,990 | +€3 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €117,998 | €164,806 | +€46,808 | +39.7% |
| Income taxes | 67/77 | €40,191 | €40,126 | -€65 | -0.2% |
| Profit (loss) for the period | 9904 | €77,807 | €124,680 | +€46,873 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €77,807 | €124,680 | +€46,873 | +60.2% |
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 14 October 2026 via checked.be.