Q-egg group: 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-egg group
Largest movements
- Intangible fixed assets -€23,315
down €23,315 (-10.5%), from €221,365 to €198,050
- Receivables within one year +€13,604
up €13,604 (+10.8%), from €125,509 to €139,113
of which Other amounts receivable: +€10,754
- Debts after one year -€48,738
down €48,738 (-17.6%), from €276,713 to €227,975
- Reserves +€46,719
up €46,719 (+16.5%), from €282,989 to €329,708
- Tax, wage and social debts -€15,900
down €15,900 (-24.2%), from €65,825 to €49,924
of which Taxes: -€15,497
- Gross operating margin +€39,988
up €39,988 (+68.3%), from €58,553 to €98,541
- Depreciation +€11,950
up €11,950 (+101%), from €11,785 to €23,735
- Taxes +€8,580
up €8,580 (+77.1%), from €11,123 to €19,703
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 | €784,603 | €771,466 | -€13,137 | -1.7% |
| Fixed assets | 21/28 | €646,931 | €624,828 | -€22,103 | -3.4% |
| Intangible fixed assets | 21 | €221,365 | €198,050 | -€23,315 | -10.5% |
| Tangible fixed assets | 22/27 | - | €1,212 | +€1,212 | |
| Furniture and vehicles | 24 | - | €1,212 | +€1,212 | |
| Financial fixed assets | 28 | €425,566 | €425,566 | = | 0.0% |
| Current assets | 29/58 | €137,672 | €146,638 | +€8,966 | +6.5% |
| Amounts receivable within one year | 40/41 | €125,509 | €139,113 | +€13,604 | +10.8% |
| Trade receivables | 40 | €119,450 | €122,300 | +€2,850 | +2.4% |
| Other amounts receivable | 41 | €6,059 | €16,813 | +€10,754 | +177% |
| Cash at bank and in hand | 54/58 | €4,829 | €192 | -€4,637 | -96.0% |
| Deferred charges and accrued income | 490/1 | €7,333 | €7,333 | = | 0.0% |
| Total equity and liabilities | 10/49 | €784,603 | €771,466 | -€13,137 | -1.7% |
| Equity | 10/15 | €375,489 | €422,208 | +€46,719 | +12.4% |
| Contributions | 10/11 | €92,500 | €92,500 | = | 0.0% |
| Reserves | 13 | €282,989 | €329,708 | +€46,719 | +16.5% |
| Distributable reserves | 133 | €282,989 | €329,708 | +€46,719 | +16.5% |
| Amounts payable | 17/49 | €409,114 | €349,258 | -€59,856 | -14.6% |
| Amounts payable after more than one year | 17 | €276,713 | €227,975 | -€48,738 | -17.6% |
| Financial debts | 170/4 | €276,713 | €227,975 | -€48,738 | -17.6% |
| Amounts payable within one year | 42/48 | €132,401 | €121,283 | -€11,118 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €47,652 | €48,738 | +€1,086 | +2.3% |
| Financial debts | 43 | - | €6,501 | +€6,501 | |
| Credit institutions | 430/8 | - | €6,501 | +€6,501 | |
| Trade debts | 44 | €12,132 | €9,327 | -€2,804 | -23.1% |
| Suppliers | 440/4 | €12,132 | €9,327 | -€2,804 | -23.1% |
| Taxes, remuneration and social security | 45 | €65,825 | €49,924 | -€15,900 | -24.2% |
| Taxes | 450/3 | €61,611 | €46,114 | -€15,497 | -25.2% |
| Remuneration and social security | 454/9 | €4,214 | €3,811 | -€403 | -9.6% |
| Other amounts payable | 47/48 | €6,793 | €6,793 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,785 | €23,735 | +€11,950 | +101% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €58,553 | €98,541 | +€39,988 | +68.3% |
| Operating profit (loss) | 9901 | €46,319 | €74,344 | +€28,025 | +60.5% |
| Financial income | 75/76B | €298 | €670 | +€372 | +125% |
| Recurring financial income | 75 | €298 | €670 | +€372 | +125% |
| Financial charges | 65/66B | €8,413 | €8,592 | +€179 | +2.1% |
| Recurring financial charges | 65 | €8,413 | €8,592 | +€179 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €38,204 | €66,422 | +€28,218 | +73.9% |
| Income taxes | 67/77 | €11,123 | €19,703 | +€8,580 | +77.1% |
| Profit (loss) for the period | 9904 | €27,081 | €46,719 | +€19,638 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,081 | €46,719 | +€19,638 | +72.5% |
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 23 October 2026 via checked.be.