Q Contractors: 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 Contractors
Largest movements
- Receivables within one year -€249,457
down €249,457 (-83.6%), from €298,405 to €48,948
- Debts after one year -€250,000
no longer reported in 2025 (was €250,000)
- Tax, wage and social debts -€26,509
down €26,509 (-74.9%), from €35,399 to €8,890
of which Taxes: -€15,301
- Profit (loss) carried forward +€12,148
up €12,148 (+8.6%), from -€140,785 to -€128,637
- Trade debts +€9,113
up €9,113 (+63.2%), from €14,430 to €23,543
- Accrued charges and deferred income +€5,822
up €5,822 (+1854.5%), from €314 to €6,136
- Staff costs -€50,454
down €50,454 (-81.4%), from €61,981 to €11,527
- Gross operating margin -€40,928
down €40,928 (-60.0%), from €68,226 to €27,298
- Taxes -€25,779
down €25,779, from €11,008 to -€14,771
- Financial charges -€6,441
down €6,441 (-17.5%), from €36,718 to €30,277
- Financial income -€2,821
down €2,821 (-18.4%), from €15,359 to €12,538
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,005 | €52,568 | -€249,438 | -82.6% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €299,305 | €49,868 | -€249,438 | -83.3% |
| Amounts receivable within one year | 40/41 | €298,405 | €48,948 | -€249,457 | -83.6% |
| Trade receivables | 40 | €298,405 | €48,948 | -€249,457 | -83.6% |
| Deferred charges and accrued income | 490/1 | €900 | €919 | +€19 | +2.2% |
| Total equity and liabilities | 10/49 | €302,005 | €52,568 | -€249,438 | -82.6% |
| Equity | 10/15 | -€1,547 | €10,600 | +€12,148 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €120,645 | €120,645 | = | 0.0% |
| Distributable reserves | 133 | €120,645 | €120,645 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,785 | -€128,637 | +€12,148 | +8.6% |
| Amounts payable | 17/49 | €303,553 | €41,967 | -€261,586 | -86.2% |
| Amounts payable after more than one year | 17 | €250,000 | - | -€250,000 | |
| Other amounts payable | 178/9 | €250,000 | - | -€250,000 | |
| Amounts payable within one year | 42/48 | €53,239 | €35,832 | -€17,407 | -32.7% |
| Financial debts | 43 | €3,410 | €3,399 | -€11 | -0.3% |
| Credit institutions | 430/8 | €3,410 | €3,399 | -€11 | -0.3% |
| Trade debts | 44 | €14,430 | €23,543 | +€9,113 | +63.2% |
| Suppliers | 440/4 | €14,430 | €23,543 | +€9,113 | +63.2% |
| Taxes, remuneration and social security | 45 | €35,399 | €8,890 | -€26,509 | -74.9% |
| Taxes | 450/3 | €24,190 | €8,890 | -€15,301 | -63.3% |
| Remuneration and social security | 454/9 | €11,209 | - | -€11,209 | |
| Accrued charges and deferred income | 492/3 | €314 | €6,136 | +€5,822 | +1854.5% |
| Remuneration, social security and pensions | 62 | €61,981 | €11,527 | -€50,454 | -81.4% |
| Other operating charges | 640/8 | €664 | €656 | -€9 | -1.3% |
| Gross operating margin | 9900 | €68,226 | €27,298 | -€40,928 | -60.0% |
| Operating profit (loss) | 9901 | €5,581 | €15,116 | +€9,535 | +170.9% |
| Financial income | 75/76B | €15,359 | €12,538 | -€2,821 | -18.4% |
| Recurring financial income | 75 | €15,359 | €12,538 | -€2,821 | -18.4% |
| Financial charges | 65/66B | €36,718 | €30,277 | -€6,441 | -17.5% |
| Recurring financial charges | 65 | €36,718 | €30,277 | -€6,441 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,779 | -€2,623 | +€13,156 | +83.4% |
| Income taxes | 67/77 | €11,008 | -€14,771 | -€25,779 | |
| Profit (loss) for the period | 9904 | -€26,787 | €12,148 | +€38,935 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,787 | €12,148 | +€38,935 |
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 11 October 2026 via checked.be.